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ANNUAL REPORT 2005 - MVCB - Murray Valley Citrus Board

ANNUAL REPORT 2005 - MVCB - Murray Valley Citrus Board

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MURRAY VALLEY CITRUS BOARD<br />

NOTES TO AND FORMING PART OF THE ACCOUNTS<br />

FOR THE YEAR ENDED 30 JUNE <strong>2005</strong><br />

<strong>2005</strong> 2004<br />

$ $<br />

8. PARTNERSHIPS/INDUSTRY PLANNING<br />

ACG Conference 2,408<br />

-<br />

Melbourne <strong>Citrus</strong> Committee Membership 2,000<br />

-<br />

Industry Projects 3,434 13,216<br />

Written Down Value of Fixed Assets Sold -<br />

169<br />

Depreciation 3,185 1,324<br />

Rent and Rates 1,758 677<br />

Repairs and Maintenance 833 821<br />

Staff Hire Expenses 739 1,246<br />

Recruitment Costs -<br />

965<br />

Communication Costs 1,281 677<br />

Salary & Related Expenses 41,341 13,011<br />

Other Operating Expenses 6,033 4,431<br />

63,012 36,537<br />

9. STATUTORY & ADMINISTRATIVE REQUIREMENTS<br />

Audit Fees - Victorian Auditor General 6,527 7,123<br />

Annual Report 7,132 3,960<br />

<strong>Board</strong> Members Fees & Expenses 60,895 67,685<br />

Directors & Officers Insurance 10,292 6,748<br />

Other Auditors 4,313<br />

-<br />

Governance & Compliance 9,494 10,023<br />

New <strong>Board</strong> Members -<br />

1,025<br />

Written Down Value of Fixed Assets Sold -<br />

550<br />

Depreciation 4,777 4,304<br />

Rent and Rates 2,637 2,199<br />

Repairs and Maintenance 1,249 2,668<br />

Staff Hire Expenses 1,109 4,049<br />

Recruitment Costs -<br />

3,135<br />

Communication Costs 1,922 2,200<br />

Salaries & Related Expenses 64,124 42,283<br />

Other Operating Expenses 9,051 14,410<br />

183,522 172,362<br />

Page 36

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