Statement of comprehensive income

Year ended 30 June 2015 

The information referenced in the "Notes" column refers to content available in the full version of the TIO Financial Report 2015. 

Download the full TIO Financial Report 2015 


Note 2015 2014



(Restated)


$ $
Revenue and other income






Revenue from members *  4 27,538,925 30,604,965
Other income 4 392,060 409,324
Total income
27,930,985 31,014,289
       
Less: expenses      
Depreciation and amortisation expense * 5 (967,664) (1,092,017)
Employee benefits expense  5  (21,989,006) (22,840,556)
Occupancy expense * 5 (1,756,786) (1,794,046)
Marketing expense   (374,970) (524,831)
Finance costs 5 (114,684) (210,758)
Bad & doubtful debts expense 5 (108,660) (426,234)
Information technology expense   (1,218,815) (1,400,584)
Consultancy expense * 5 (459,112) (806,079)
Legal expense   (312,227) (416,134)
Travel expense   (148,509) (242,638)
Telephone and faxes
(291,553) (349,178)
Other expenses   (483,172) (1,100,329)
Total expenses    (28,225,158) (31,203,384)
Total deficit for the year    (294,173) (189,095)

* The FY2014 Statement of Comprehensive Income has been restated to reflect adjustments made in the FY2015 financial year. Details on the restatements can be found in the accompanying notes.