Description
Revenue
2012-13
2011-12
Operating Revenue
Commonwealth Subsidies
Includes: Gross Care Subsidies, Income Tested Reductions, Accommodation Payments, Extra Service Reduction and other commonwealth supplements/subsidies/grants.
State Grants
Any supplements, subsidies and/or grants (excluding funds received for capital works) received by the service from the state government.
Resident/Client Charges
Includes: Basic Daily Fee, Income Tested Fee, Extra Services, Accommodation Charge and any other resident or client fees and charges.
Bond Retentions (if applicable)
Includes: any accommodation bond funds retained by the service including Periodic Bond Payments.
Interest
Interest earned on the investment of funds in bank deposits or other interest bearing instruments and any amount charged and received on an overdue accommodation bond.
Trust Distributions
Any income received from a trust fund, distributions from parent or subsiduary companies or other trust fund distributions.
Donations & Contributions
This includes bequests/memorial gifts, contributions from members and the public, donations from public collections and all non-monetary donations.
Other Operating Revenue
This includes any income not included in the above categories that is integral to the delivery of residential age care, such as income from the sale of meals.
Total Operating Revenue
Total operating revenue should equal the sum of the above components.
Balance Balance
$0.00 $0.00
Basic Benchmarking Data Definitions
INCOME STATEMENT
Non-Operating Revenue
Capital Grants
Capital grants from commonwealth, state or local government to acquire/purchase/construct properties, upgrade/enhance existing property or acquire/purchase other items reported as assets.
Profit (Loss) on Sale of Assets
Difference between the sale proceeds and written down value of the asset at the date of disposal.
Revaluation Increase(Decrease)
The net result of any revaluation increase and decrease recorded in the profit and loss for the year.
Insurance Claims
Any funds received from insurance companies during the year, resulting from an insurance claim.
Other Non-Operating Income
Income from non-operating sources, not included in the categories above, including: dividends, membership fees, rental income, cost recoveries, interest from directors/related parties and other sundry income.
Total Non-Operating Revenue
Total non-operating revenue should equal the sum of the above components.
Balance Balance
$0.00 $0.00
Total Revenue
Total revenue should equal the sum of operating and non-operating revenue.
Balance Balance
$0.00 $0.00
Expenses
2011-12
2010-11
Wages & Superannuation - Care
Salaries and wages paid to the care staff (nursing related) of the service. Includes superannuation but excludes staff overheads (long service leave, salary sacrifice, sick leave, termination payments etc).
Wages & Superannuation - Admin
Salaries and wages paid to the administration staff (excludes management fees) of the service. Includes superannuation but excludes staff overheads (long service leave, salary sacrifice, sick leave, termination payments etc).
Wages & Superannuation - Other
Salaries and wages paid to the non-care staff (excluding administration): cleaners, cooks, maintenance, gardeners etc. Includes superannuation but excludes staff overheads (long service leave, salary sacrifice, sick leave, termination payments etc).
Management Fees
Depreciation & Amortisation
Amortisation and depreciation expenses on intangible assets (bed licences etc) and physical assets such as buildings, furniture & fittings, motor vehicles, plant & equipment and rental properties.
Interest
Interest paid or interest penalties that are charged on outstanding loans from banks and banking institutions, related parties, subsidiary/parent companies and/or third parties. Includes interest charges on late repayment of accommodation bonds. Excludes bank fees & charges.
One-Off Expenses
Large one-off expenses such as writing off damaged assets, bad debts, etc. Excludes loss on sale of asset and revaluation decrements.
Staff On-Costs/Overheads (excluding
super.)
All costs related to staff employment (excluding wages and superannuation). Includes: annual leave, long service leave, salary sacrifice, sick leave, termination payments, payroll tax, workers compensation, fringe benefits tax, staff training etc.
Building Repairs/Maintenance
All expenses related to the repair and maintenance of the service (excludes rental properties and motor vehicles). Includes repairs & maintenance of building, furniture and fittings, gardening, replacements etc.
Insurance
Professional indemnity, insurance to cover volunteers, general (accident, building & contents), public liability etc. Excludes insurance of motor vehicles.
Motor Vehicles
All expenses related to motor vehicles including: petrol, repairs & maintenance, insurance.
Rent
All expenses related to renting premises, buildings and PP&E during the year. Excludes hire/purchase and finance leases.
Utilities
Includes the cost of utilities paid (electricity, gas and excess water rates) and outgoings allocated to utilities.
Other Expenses
All expenses not included in above categories, such as: cleaning and laundry materials, food, fees & charges, administration, IT costs, donations expenses, rates & taxes etc.
Total Expenses
Total expense should equal the sum of the above components. Balance Balance
$0.00 $0.00
NET PROFIT (BEFORE TAX)
Net Profit should equal total revenue less total expense. Balance Balance
$0.00 $0.00
Description
Actual Values
Assets
2011-12
2010-11
Current Assets
Cash
Cash or cash equivalents, including: cash at bank, cash on hand, term deposits, bank deposits, petty cash, undeposited funds etc.
Liquid Assets
(non cash)Assets which can be quickly turned to cash, including: securities, shares, financial assets and assets held for sale. Excludes term deposits
Trade Receivables
Trade receivables and/or trade debtors (net of doubtful debts) still owing by debtors to the organisation at the end of the financial year, which are expected to be collected within the next 12 months. Exclude other receivables.
Inventory
Items held for resale expected to be consumed in the next financial year. Includes: fundraising stock, trading stock, publications for sale and client support inventory.
Other Current Assets
Those assets not included in the above accounts and expected to be realised within the next 12 months.
Total Current Assets
Total current assets should equal the sum of the above categories. Balance Balance
$0.00 $0.00
Non-Current Assets
Loans
Any amount owing to the organisation which is not expected to be repaid within the next twelve months (usually loans to directors, staff or related parties).
Property, Plant & Equipment
Includes land, buildings, plant & equipment, furniture & fittings and motor vehicles or other forms of property, plant & equipment.
Investments
Long term investments (such as securities or shares) not expected to be realised within the next 12 months. Includes investment properties, long-term bonds etc.
Intangibles
Any form of intangible asset, such as: goodwill, intellectual property, patents, trademarks and bed licences.
Other Non-Current Assets
Total Non-Current Assets
Total non-current assets should equal the sum of the above categories. Balance Balance
$0.00 $0.00
Total Assets
Total assets should equal the sum of current and non-current assets. Balance Balance
$0.00 $0.00
Liabilities
2011-12
2010-11
2010-11
Current Liabilities
Short Term Borrowings
Any amount of money owed by the company to banks or financial institutions (bank loans, credit card debt), related parties or other sources which are expected to fall due within the next 12 months. Include short-term hire/purchase liabilities.
Trade Payables
Trade payables or trade creditors: the amount owing to suppliers at the end of the reporting period. Bank creditors are included in short term borrowings. Other creditors and accruals are other current liabilities.
Employee Provisions
Employee benefits which are expected to be realised within the next 12 months. Includes: provision for annual leave, long service leave, personal/carer's leave etc. Exclude employee provisions which are recognised in payables.
Accommodation Bonds (if applic)
The accommodation bond amount that is expected to be refunded to residents within the next 12 months.
Other Current Liabilities
Other liabilities expected to be realised within 12 months (excluding accommodation bonds), may include items such as general provisions, accruals etc.
Total Current Liabilities
Total current liabilities should equal the sum of the above categories. Balance Balance
$0.00 $0.00
Non-Current Liabilities
Long Term Borrowings
Employee Provisions
Employee benefits which are expected to be realised after the next 12 months. Includes: Provision for annual leave, longs ervice leave, personal/carer's leave etc.
Accommodation Bonds
(if applic)The accommodation bond amount that is expected to be refunded to residents after the next 12 months.
Other Non-Current Liabilities
Other liabilities not expected to be realised within 12 months (excluding accommodation bonds), may include items such as general provisions, accruals etc.
Total Non-Current Liabilities
Total non-current liabilities should equal the sum of the above categories. Balance Balance
$0.00 $0.00
Total Liabilities
Total liabilities should equal the sum of current and non-current liabilities. Balance Balance
$0.00 $0.00
NET ASSETS
Net Assets should equal the sum of total assets less total liabilities. Balance Balance
