Page 50 - Annual Report 2018

NSX report (continued)
Registered of ce and principal administrative of ce
The registered of ce of the company, and its principal administrative of ce, is located at:
233-235 Lower Heidelberg Road East Ivanhoe Victoria 3079 Telephone: (03) 9497 5133
Security Register
The security register (share register) is kept at:
Share Data National Share Registry Services 52 Angove Park Drive
Tea Tree Gully South Australia 5091 Telephone: (08) 8395 2308
Company Secretary
Russell Hutchins has been the Company Secretary of Heidelberg District Community Enterprise Limited for 6 years. Russell holds degrees in Science and Business and has not previously held the position of Company Secretary on a public company.
Directors’ Right to Subscribe for Equity or Debt Securities
No Director holds any right to subscribe to equity or debt securities of the company.
Annexure 3
There are no material differences between the information in the Company’s Annexure 3 and the information in the nancial statements in the Annual Report.
Five year comparative table of performance, assets and liabilities
2018
2017
2016
2015
2014
Revenue
2,494,759
2,342,173
2,200,696
2,182,225
2,234,966
Net pro t/(loss)
319,675
301,362
70,236
116,575
118,588
Total Assets
2,948,223
2,476,130
2,211,095
2,266,315
2,269,525
Total Liabilities
314,430
247,350
168,758
179,295
161,177
Total Equity
2,633,793
2,228,780
2,042,337
2,087,020
2,108,348
Explanatory notes:
1. 2. 3. 4.
Net pro t declined in 2014 due to general economic conditions and adjustment to the calculation of revenue sharing by Bendigo and Adelaide Bank but net pro t in 2015 was consistent with 2014.
Net pro t in 2016 declined, due mainly to the Company’s commitment to its community programs by increasing its grants and sponsorship allocations, despite general continuing adverse economic conditions.
Net pro t in 2017 improved markedly on 2016 due mainly to an increase in revenue, rigorous cost management and realising the bene t of grant payments made in 2016.
Net pro t in 2018 increased over 2017, without the bene t realised in 2017, and was due to increased revenue and continued cost management.
48.
2018 Annual Report