Speech Pathology Australia 2022 Annual Report

Statement of profit or loss and other comprehensive income For the year ended 31 December 2022 Notes 2022 $

2021 $

Revenue

5.1 5.1

7,638,956

6,845,925

Other income

188,163

458,647

Employee benefits expense

16.1

(4,485,265) (373,374) (3,305,737) (254,006) (591,263)

(3,879,634) (412,680) (2,433,461) (249,064)

Depreciation and amortisation expense

Member Services expenses

Other expenses

Surplus / (deficit) before income tax

329,733 (10,439) 319,294

Income tax expense

6

-

Surplus / (deficit) for the year

(591,263)

Other comprehensive income Other comprehensive income for the period, net of income tax

-

-

Total comprehensive income/(loss) for the period

(591,263)

319,294

This statement should be read in conjunction with the notes to the financial statements. Statement of financial position As at 31 December 2022

Notes

2022 $

2021 $

ASSETS CURRENT ASSETS Cash and cash equivalents

7 9 8

2,476,407

3,220,198

162,150

124,250

Accounts receivable and other debtors

3,259,164

3,416,197

Financial assets

14

417,963

339,282

Other current assets Total current assets

6,315,684

7,099,927

NON-CURRENT ASSETS Other non-current assets

14 10 11 12 13

67,495 143,310 101,315 35,455 148,611 496,186

77,073 151,493 130,909

Investment property

Property, plant and equipment

40,117

Intangible asset

406,622 806,214

Right of Use assets

Total non-current assets

6,811,870

7,906,141

Total assets

LIABILITIES CURRENT LIABILITIES Accounts and other payables

15 16

691,310 537,263 104,332 (12,567) 2,357,992 3,678,330

867,014 510,726 310,362 (6,955)

Employee provisions

Lease liabilities

Income tax payable/(refundable)

17

2,456,294 4,137,441

Other liabilities

Total current liabilities

NON-CURRENT LIABILITIES Employee provisions

16

122,886 48,347 171,233

91,075 124,055 215,130

Lease liabilities

Total non-current liabilities

3,849,563 2,962,307

4,352,571 3,553,570

Total liabilities

Net assets

EQUITY Retained surplus

2,962,307 2,962,307

3,553,570 3,553,570

Total equity

This statement should be read in conjunction with the notes to the financial statements.

2022 ANNUAL REPORT Speech Pathology Australia 12