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This Concise Consolidated Financial Report should
be read in conjunction with the Directors' Report
and the Annual Report, which provide details of the
achievements and activities of Bush Heritage Australia
(Bush Heritage) and its controlled entity (Midlands
Conservation Fund) during the financial year ended
31 March 2013.
The Concise Consolidated Financial Report is an
extract from the Full Consolidated Financial Report
for the year ended 31 March 2013. The financial
statements and specific disclosures included in the
Concise Consolidated Financial Report have been
derived from the Full Consolidated Financial Report
in accordance with Accounting Standards.
The Concise Consolidated Financial Report cannot
be expected to provide as full an understanding
of the financial performance, financial position and
financing and investing activities of Bush Heritage
and its controlled entity as the Full Consolidated
Financial Report. Further financial information can
be obtained from the Full Consolidated Financial
Report which is available, free of charge, and on
request to Bush Heritage. Further details of Bush
Heritage's conservation activities can be found in
the Annual Report.
Concise consolidated
financial report
for the year ended 31 March 2013
The Consolidated Statement
of Comprehensive Income
should be read in conjunction
with the accompanying notes.
Consolidated Statement of Comprehensive Income
for the year ended 31 March 2013
Notes
12 months
31 March 2013
$'000
9 months
31 March 2012
$'000
Revenue
Supporter contributions and grants
2(a)
13,132
7,481
Interest and investment income
629
457
Reserve income
2(b)
258
335
Other income
162
22
Total Revenue
14,181
8,295
Expenses
Conservation management activities
3(a)
6,352
3,884
Public and supporter communication
3(b)
423
288
Fundraising activities
3(c)
2,206
1,672
Investment in new supporters
3(d)
552
313
Organisational support
3(e)
2,117
1,542
Write off of bequested mortgage security
238
Total Expenses
11,650
7,937
Surplus Before Tax
2,531
358
Income tax
Net Surplus
2,531
358
Other Comprehensive Income
Net fair value gains/(losses) on available-for-sale financial assets
628
(67)
Income tax on items of other comprehensive income
Other comprehensive income for the period, net of tax
628
(67)
Total comprehensive income for the period
3,159
291