Annual Statements for Tuggeranong Valley Financial Services Limited (TUG)
| 30-Jun 2008 |
30-Jun 2007 |
30-Jun 2006 |
30-Jun 2005 |
|
|---|---|---|---|---|
 |
|
|
|
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| AUD | AUD | AUD | AUD | |
| REVENUE | ||||
| Revenue from activities/operations | 1,340,120 | 423,510 | 934,484 | 724,710 |
| Total Revenue | 1,340,120 | 423,510 | 934,484 | 724,710 |
| Cost of sales | ||||
| Gross Profit | 1,340,120 | 423,510 | 934,484 | 724,710 |
| EXPENSES | ||||
| Administration Expenses | (147,030) | (168,457) | (17,783) | (95,967) |
| Employee Benefits Expense | (720,252) | (194,869) | (454,908) | (399,531) |
| Depreciation | (31,935) | (40,232) | (27,538) | (27,441) |
| Amortisation and impairments | (6,548) | (26,768) | ||
| Marketing & promotion | (54,593) | |||
| Community Grants | (26,768) | |||
| Occupancy/Property Expenses | (25,581) | (24,962) | (28,943) | |
| Auditor Remuneration | (32,356) | (29,893) | (15,205) | |
| Insurance | (13,765) | (16,672) | (15,653) | |
| Financing costs | (1,893) | (3,798) | (1,091) | |
| Rental Expense on Operating Leases | (95,489) | (77,375) | (75,557) | |
| Technology Expenses | (44,710) | (43,073) | (45,616) | |
| Interest Paid | (93,441) | (1,314) | ||
| ATM Expenses | (31,690) | (28,819) | (27,757) | |
| Other Expenses | (7,462) | (6,288) | (4,779) | |
| Total Expenses | (1,213,304) | (407,356) | (848,611) | (764,531) |
| PROFIT / (LOSS) | ||||
| Profit/Loss before income tax | 126,816 | 16,154 | (85,873) | (39,821) |
| Income tax/benefit expense | (14,315) | |||
| Profit/Loss after income tax | 126,816 | 1,839 | (85,873) | (39,821) |
| Total Comprehensive Income | 126,816 | 1,839 | (85,873) | (39,821) |
| ASSETS | ||||
| Current Assets | ||||
| Cash and Cash Equivalents | 397,651 | 337,273 | 82,098 | 139 |
| Trade and Other Receivables | 178,214 | 117,889 | 94,591 | 74,891 |
| Total Current Assets | 575,865 | 455,162 | 176,689 | 75,030 |
| Non-Current Assets | ||||
| Property, Plant and Equipment | 256,373 | 243,854 | 269,641 | 297,179 |
| Other Non-Current Assets | 18,000 | 4,584 | 31,426 | 58,194 |
| Total Non-Current Assets | 274,373 | 248,438 | 301,067 | 355,373 |
| Total Assets | 850,238 | 703,600 | 477,756 | 430,403 |
| LIABILITIES | ||||
| Current Liabilities | ||||
| Trade and other payables | 82,145 | 88,418 | 61,039 | 65,254 |
| Provisions | 48,872 | 36,853 | 28,283 | 23,708 |
| Borrowings | 8,550 | 1,521 | 16,314 | 40,131 |
| Total Current Liabilities | 139,567 | 126,792 | 105,636 | 129,093 |
| Non-Current Liabilities | ||||
| Borrowings | 31,710 | |||
| Long term-provisions | 23,698 | |||
| Borrowings | 12,071 | |||
| Other Non-Current Liabilities | 24,024 | 27,024 | 30,016 | 33,008 |
| Total Non-Current Liabilities | 79,432 | 27,024 | 30,016 | 45,079 |
| Total Liabilities | 218,999 | 153,816 | 135,652 | 174,172 |
| NET ASSETS | 631,239 | 549,784 | 342,104 | 256,231 |
| EQUITY | ||||
| Issued Capital | 1,008,007 | 1,008,007 | 1,008,007 | 1,008,007 |
| Retained Earnings | (376,768) | (458,223) | (665,903) | (751,776) |
| Total Equity | 631,239 | 549,784 | 342,104 | 256,231 |
| CASH FLOW | ||||
| Net Cash provided by (used in) operating activities | 123,349 | 306,973 | 117,847 | (6,218) |
| Net Cash provided by (used in) investing activities | (57,870) | (1,725) | (750) | |
| Net Cash provided by (used in) financing activities | (5,101) | (47,351) | (4,591) | (53,345) |
| Net Increase (decrease) in cash held | 60,378 | 257,897 | 113,256 | (60,313) |
| Cash at the beginning of the period | 337,273 | 77,855 | (35,401) | 24,912 |
| Cash at the end of the period | 397,651 | 335,752 | 77,855 | (35,401) |