2019-12-10 S&O Agenda - Item 7 - Attachment 1 - TN Annual Report-2018-19

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Note 2     Revenue and Other Income
                                                                       2019                      2018
Revenue                                                                  $                        $
Revenue from (non-reciprocal) government grants and other grants
Tourism Levy                                                           2,520,000                2,520,000
                                                                       2,520,000                2,520,000
Other revenue
Interest received on investments in government and fixed interest         15,522                   18,415
                                                                          15,522                   18,415
Total revenue                                                          2,535,522                2,538,415

Other income
Membership                                                               263,012                  277,302
Bookings Centre                                                          180,494                  198,970
Visitor Information Centre                                                23,257                   12,851
Destination Marketing                                                    142,375                  126,402
Industry Development                                                       7,847                    1,303
Special Projects                                                         106,415                  318,408
Total other income                                                       723,400                  935,236
Total revenue and other income                                         3,258,922                3,473,651
Note 3     Expenses
                                                                       2019                      2018
                                                                         $                         $
Employee benefits expense
Employee wages                                                         1,239,701                1,057,775
Contributions to superannuation funds                                    112,106                   46,141
Total employee benefits expense                                        1,351,807                1,103,916

Depreciation and amortisation:
Motor vehicle                                                                -                       324
Furniture and equipment                                                   21,552                   23,681
Total depreciation and amortisation                                       21,552                   24,005

Rental expense
Corporate - Rent                                                          45,362                   44,458
Corporate - Equipment Rental                                              14,704                    7,982
Booking Centre - Equipment Rental                                            -                      4,133
Visitor Information Centre - Equipment Rental                                -                      4,133
Visitor Information Centre - Rent                                          2,405                    2,365
Total Rental Expense                                                      62,47]                   63,071

Auditor fees
Audit services                                                            15,000                    8,930
Taxation services                                                            =                        -
Total Audit Remuneration                                                  15,000                    8,930
Motor Vehicle Expense
Motor Vehicle Expense                                                     21,748                   41,097
Total Motor Vehicle Expense                                               21,748                   41,097
Utilities
Operations Electricity                                                     2,619                    4,153
VIC Electricity                                                  —                         _
Total Utilities                                                            2,619                    4,153

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