Speech Pathology Australia 2022 Annual Report

13 Right of Use assets Details of the Company’s leases where Speech Pathology Australia is a lessee and their carrying amount are as follows: Property $ Equiptment $ Total $ Balance 1 January 2022 777,635 160,836 938,471 Additions 0 62,207 62,207 Disposals 0 (160,836) (160,836) Balance 31 December 2022 777,635 62,207 839,842 Amortisation and impairment Balance 1 January 2022 432,020 99,829 531,849 Disposals 0 (133,106) (133,106) Amortisation 259,211 33,277 292,488 Balance 31 December 2022 691,231 0 691,231 Written down value 31 December 2022 86,404 62,207 148,611 14 Other assets Other assets consist of the following: 2022 $ 2021 $ Current Prepayments 113,198 133,542 Contract Assets 304,765 205,740 417,963 339,282

16 Employee rumeneration 16.1 Employee benefits expense Expenses recognised for employee benefits are analysed below: 2022 $

2021 $

Wages and salaries

4,085,199

3,548,533

Superannuation – defined contribution plans Employee benefits expense

331,101

400,066

4,485,265

3,879,634

16.2 Employee benefits The liabilities recognised for employee benefits consist of the following amounts: 2022 $ 2021 $ Current Annual leave 325,162 330,111 Long service leave 212,101 180,615 537,263 510,726 Non-Current Long service leave 122,886 91,075

17 Other liabilities Other liabilities can be summarised as follows: 2022 $

Non-Current Prepayments

2021 $

67,495 67,495 485,458

77,073 77,073 416,355

Membership QRBLF Grant Conference

2,115,310

2,058,928

Total Other Assets

179,326 40,856 22,500

269,325 35,725 92,316

15 Trade and other Payables Trade and other payables recognised consist of the following: 2022 $ 2021 $ Current - unsecured Trade payables 103,508 292,888 Other creditors and accruals 587,802 574,126 691,310 867,014

Other

Other liabilities - current

2,357,992

2,456,294

Contract liabilities consists mainly of Member Services paid in advance and are amortised over the life of the contract.

18 Auditor renumeration

2022 $

2021 $

All above liabilities are short-term. The carrying values are considered to be a reasonable approximation of fair value.

Audit and review of financial statements:

Auditors of The Speech Pathology Association of Australia

23,250

16,900

Other services: Taxation compliance

4,800

4,500

Total auditor’s remuneration

28,050

21,400

2022 ANNUAL REPORT Speech Pathology Australia 20