SACOME Annual Report 2007-08
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SUMMARISED INCOME STATEMENT FOR THE YEAR ENDED 30 JUNE 20<strong>08</strong><br />
20<strong>08</strong> $ <strong>2007</strong> $<br />
Revenue 1,585,352 1,114,707<br />
Employee benefits expense (545,4<strong>08</strong>) (553,612)<br />
Depreciation and amortisation expense (27,541) (16,122)<br />
Finance Costs (3,754) (4,035)<br />
Other expenses (733,499) (513,182)<br />
Surplus from operations $275,150 $27,756<br />
SUMMARISED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 JUNE 20<strong>08</strong><br />
Retained Earnings $<br />
Balance at 1 July 2006 54,461<br />
Surplus attributable to the Chamber 27,756<br />
Balance at 30 June <strong>2007</strong> $82,217<br />
Surplus attributable to the Chamber $275,150<br />
Balance at 30 June 20<strong>08</strong> $357,367<br />
The accompanying notes form part of these summarised financial statements.<br />
iv<br />
<strong>SACOME</strong> FINANCIALS
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