2017-12-12 S&O Agenda - Attachment 1 to Item 9 - Tourism Noosa Annual Report 2016-17

                             TOURISM NOOSA LTD
                             ABN: 45 097 924 199
       STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 JUNE 2017

                                                             Note       2017              2016
                                                                          $                 $
Revenue                                                           2    2,511.427         2,297,211
Other income                                                      2        813,884           613.432
Employee provisions expense                                       3   ( l ,036,484)         (853,652)
Depreciation and amortisation expense                             3         (26,183)          (25,090)
Motor vehicle expenses                                            3         (26,308)          (25,151)
Utilities expense                                                 3           (3,876)           (4,638)
Rental expense                                                    3         (64,675)          (67,742)
Audit Fees                                                        3         (10,540)          (11,065)
Staff training and development expenses                           3           (7,374)           (5,761)
Marketing expenses                                                3   (1,772,552)       ( l ,616,572)
Sundry expenses                                                   3       (375,418)         (257,378)
Current year surplus before income tax                                         1,901           43,594
Adjustment Prior Period Accruals                                               2,000
Income tax expense                                            l (j)
Net current year surplus                                                      3,901          43,594

The accompanying notes form part of these financial statements.