2018-12-11 S&O Agenda - Attachment 1 to Item 20 - Tourism Noosa Annual Report 2017-2018

TOURISM NOOSA LTD
                                            ABN: 45 097 924 199
              STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 JUNE 2018
                                                              Note                     2018         2017
                                                                                        $             $
Revenue                                                         2                     2,538,415    2,511,427
Other income                                                    2                      935,236       813,884
Employee provisions expense                                     3                    (1,103,916) — (1,036,484)
Depreciation and amortisation expense                           3                       (24,005)     (26,183)
Motor vehicle expenses                                          3                       (41,097)     (26,308)
Utilities expense                                               3                        (4,153)      (3,876)
Rental expense                                                  3                       (63,071)     (64,675)
Audit Fees                                                      3                        (8,930)     (10,540)
Staff training and development expenses                         3                       (18,718)      (7,374)
Marketing expenses                                              3                    (1,807,777)  (1,772,552)
Sundry expenses                                                 3                      (232,509)    (375,418)
Current year surplus before income tax                                                 169,475         1,90]
Adjustment Prior Period Accruals                                                                       2,000
Income tax expense                                             1 (i)                       -             -
Net current year surplus                                                               169,475         3,901
The accompanying notes form part of these financial statements.