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Annual Report 2010–2011, Part 2: Financial (1.8 ... - Tourism Victoria

Annual Report 2010–2011, Part 2: Financial (1.8 ... - Tourism Victoria

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NOTES TO THE FINANCIAL STATEMENTS CONTINUED<br />

30 JUNE 2011<br />

Note 2. Income from transactions<br />

Income<br />

(a) Grant income<br />

State government grants<br />

2011 2010<br />

$ $<br />

Core program 29,098,825 27,722,600<br />

Special projects 103,243,280 46,106,000<br />

Total grant income 132,342,105 73,828,600<br />

(b) Other income<br />

Cooperative ventures<br />

Marketing strategy 359,232 547,080<br />

Product and destination marketing 3,313,425 3,335,794<br />

International marketing 323,558 1,607,042<br />

Other 512,021 569,422<br />

Interest income<br />

4,508,236 6,059,338<br />

Interest on bank deposits 328,141 208,856<br />

Interest from Investments 777,736 695,215<br />

1,105,877 904,071<br />

Total other income 5,614,113 6,963,409<br />

36 TOURISM VICTORIA ANNUAL REPORT 2010–11

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