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Annual Report 2013-2014

FinFainnacnciaiall RSetpaotret mforetnhetsYe2a0r 1En3d-e2d03114August 2014

STATEMENT OF PROFIT OR LOSS
FOR THE YEAR ENDED 31 AUGUST 2014

Note 2014 2013
$ $

Revenue from operations 2(a) 5,360,376 5,089,283
Non-operating revenue 2(b) 83,746 55,829

5,444,122 5,145,112

Employee benefits expenses 3 (2,404,973) (2,227,264)
Depreciation and amortisation expenses 3 (471,766) (517,742)
Administration expenses 3 (587,201) (465,279)
Greens expenses 3 (388,887) (373,697)
House expenses 3 (400,138) (357,061)
Bar expenses 3 (438,552) (412,329)
Catering expenses 3 (297,125) (275,668)
Golf operations expenses 3 (429,854) (386,239)
Profit before income tax 129,833
Income tax expense 25,626 -
Profit for the year 1(a) - 129,833

25,626 -

Other comprehensive income after income tax: - -
Net gain on revaluation of financial assets 129,833
Other comprehensive income for the year, net of -
tax 25,626 129,833
Total comprehensive income for the year
25,626
Total comprehensive income attributable to
members of the entity

The accompanying notes form part of these financial statements.