Annual Statements for Rofina Group Limited (218)
| 31-May 2023 |
31-May 2022 |
31-May 2021 |
30-Jun 2020 |
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| AUD | AUD | AUD | AUD | |
| REVENUE | ||||
| Revenue from activities/operations | 5,395,088 | 1,524,721 | 2,089,802 | 9,500,169 |
| Other Revenue | 158,718 | 602,599 | 1,417,619 | 96,184 |
| Total Revenue | 5,553,806 | 2,127,320 | 3,507,421 | 9,596,353 |
| Cost of sales | ||||
| Cost of sales | 2,055,057 | 809,244 | 2,324,042 | 3,942,508 |
| Total Cost of Sales | 2,055,057 | 809,244 | 2,324,042 | 3,942,508 |
| Gross Profit | 3,498,749 | 1,318,076 | 1,183,379 | 5,653,845 |
| EXPENSES | ||||
| Administration Expenses | (433,695) | (147,641) | (541,698) | (1,393,415) |
| Employee Benefits Expense | (1,070,807) | (364,895) | (946,262) | (2,126,763) |
| Depreciation | (448,754) | (575,704) | (1,145,543) | (1,750,554) |
| Amortisation and impairments | (25,538) | (105,937) | ||
| Professional Expenses | (85,195) | (73,083) | (250,635) | (353,257) |
| Occupancy/Property Expenses | (256,729) | (148,508) | (313,434) | (2,036,705) |
| Financing costs | (142,317) | (227,640) | (399,765) | (286,057) |
| Other Expenses | (56,168) | (36,997) | (560,783) | |
| Total Expenses | (2,519,203) | (1,574,468) | (4,264,057) | (7,946,751) |
| PROFIT / (LOSS) | ||||
| Profit/Loss before income tax | 979,546 | (256,392) | (3,080,678) | (2,292,906) |
| Income tax/benefit expense | (24,515) | (13,855) | (141,316) | (12,363) |
| Profit/Loss after income tax | 955,031 | (270,247) | (3,221,994) | (2,305,269) |
| Foreign Exchange Gain/(Loss) on Translation of Foreign Ops | (186,129) | (56,030) | (13,129) | 90,015 |
| Total Comprehensive Income | 768,902 | (326,277) | (3,235,123) | (2,215,254) |
| ASSETS | ||||
| Current Assets | ||||
| Cash and Cash Equivalents | 228,019 | 13,263 | 32,471 | 11,252 |
| Trade and Other Receivables | 734,274 | 324,773 | 414,909 | 1,158,062 |
| Inventories | 559,739 | 247,990 | 663,889 | 2,698,746 |
| Tax receivable | 16,389 | 131,041 | ||
| Other Current Assets | 1,100 | |||
| Other Investments | 331,730 | |||
| Total Current Assets | 1,522,032 | 918,856 | 1,127,658 | 3,999,101 |
| Non-Current Assets | ||||
| Property, Plant and Equipment | 883,738 | 902,124 | 1,048,504 | 3,036,501 |
| Investments | 359,619 | 351,526 | 686,380 | 754,526 |
| Other Non-Current Assets | 935,476 | 137,892 | 477,575 | 1,872,235 |
| Total Non-Current Assets | 2,178,833 | 1,391,542 | 2,212,459 | 5,663,262 |
| Total Assets | 3,700,865 | 2,310,398 | 3,340,117 | 9,662,363 |
| LIABILITIES | ||||
| Current Liabilities | ||||
| Trade and other payables | 2,959,647 | 2,600,660 | 2,960,623 | 498,306 |
| Current Tax Liabilities | 12,545 | |||
| Borrowings | 1,245,449 | 1,324,638 | 1,622,460 | 3,671,963 |
| Other Current liabilities | 415,455 | 131,042 | 494,330 | 1,080,785 |
| Total Current Liabilities | 4,633,096 | 4,056,340 | 5,077,413 | 5,251,054 |
| Non-Current Liabilities | ||||
| Trade and other payables | 122,967 | 3,473,818 | ||
| Borrowings | 1,085,779 | 1,438,749 | 1,173,077 | 1,309,934 |
| Other Non-Current Liabilities | 536,450 | 15,704 | 86,712 | 839,519 |
| Total Non-Current Liabilities | 1,622,229 | 1,577,420 | 1,259,789 | 5,623,271 |
| Total Liabilities | 6,255,325 | 5,633,760 | 6,337,202 | 10,874,325 |
| NET ASSETS | (2,554,460) | (3,323,362) | (2,997,085) | (1,211,962) |
| EQUITY | ||||
| Issued Capital | 2,267,393 | 2,267,393 | 2,267,393 | 817,393 |
| Reserves | (254,777) | (68,648) | (12,618) | 511 |
| Retained Earnings | (4,567,076) | (5,522,107) | (5,251,860) | (2,029,866) |
| Total Equity | (2,554,460) | (3,323,362) | (2,997,085) | (1,211,962) |
| CASH FLOW | ||||
| Net Cash provided by (used in) operating activities | 1,036,694 | 1,242,169 | 1,744,476 | (677,606) |
| Net Cash provided by (used in) investing activities | 210,093 | (123,514) | (1,546,750) | (47,314) |
| Net Cash provided by (used in) financing activities | (622,650) | (1,182,041) | (372,184) | 373,315 |
| Net Increase (decrease) in cash held | 624,137 | (63,386) | 613,862 | (351,605) |
| Foreign Exchange Gain/Loss | (224,739) | (43,478) | (12,803) | 90,015 |
| Cash at the beginning of the period | (479,048) | (372,184) | (973,243) | (711,653) |
| Cash at the end of the period | (79,650) | (479,048) | (372,184) | (973,243) |