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Financial Report 2010-2011
Html format: Balance sheet and Income statement
Take note that in the above two html reports, due to some problem with my localization settings, instead of showing a dollar sign ($), a euro sign is displayed (€).
Balance Sheet 30 June 2011
Assets on 30 June 2011, compared to 30 June 2010.
Currencies in AUD unless noted otherwise.
1 USD = 0.909 AUD
1 EUR = 1.306 AUD
Assets
Account Number |
Account name |
2010/2011 |
Difference % |
2009/2010 |
1705 |
Petty Cash |
0 |
0% |
0 |
1702 |
Paypal AUD |
798.09 |
-62% |
2089.34 |
1703 |
Paypal USD |
USD 2603.65 is AUD 2366.72 |
+91% |
1262.31 USD is 1240.72 AUD |
1704 |
Paypal EUR |
49.63 EUR is AUD 64.82 |
-86% |
330.68 EUR is 452.12 AUD |
1706 |
Credit Union Aust |
137.25 |
0% |
137.25 |
1700 |
Westpac Savings Account |
AUD 10720.79 |
+5% |
10174.72 |
1701 |
Westpac Transaction Account |
AUD 345.05 |
+7% |
323.90 |
1800 |
Accounts receivable EUR |
0 |
N/A |
0 |
|
Total Current Assets |
14432.72 |
+0.1% |
14418.05 |
Assets remain stable this year, only some shifts between currencies.
There are no fixed assets hence, the total of assets equals the total current assets.
Current Liabilities
Account Number |
Account name |
2010/2011 |
Difference % |
2009/2010 |
31 |
Accounts payable(1) |
AUD 1.023,40 |
N/A |
0 |
|
Provision for bills to receive EUR(2) |
1439.78 EUR is AUD 1880.35 |
-1.2% |
1903.53 AUD |
|
Total Current Liabilities |
2903.75 |
+53% |
1903.53 |
(1) These are costs to be reimbursed for the ATEs in Australia
(2) This is an anticipation for a bill to cover hosting costs for Q1 + Q2 in 2011.
Equity
Account Number |
Account name |
2010/2011 |
Difference % |
2009/2010 |
41 |
Retained Earnings (last year) |
12514.52 |
+28% |
9792.10 |
32000 |
Retained Earnings (this year)(2) |
-985.56 |
-136% |
2722.42 |
|
Total Equity |
11528.96 |
-8% |
12514.52 |
|
Total Liabilities and Equity |
14432.72 |
+0.1% |
14418.05 |
(2) This includes profits/losses due to exchange variance
Income statement 30 June 2011
Own Income
Account Number |
Account name |
2010/2011 |
Difference % |
2009/2010 |
4010 |
Donation |
2691.81 |
+9% |
2470.34 |
4011+4012 |
Assurer Certificates |
80 EUR is 104.48 AUD |
-71% |
265 EUR is 362.32 AUD |
|
Donation EUR |
90 EUR is 117.54 AUD |
N/A |
0 |
|
Donation USD |
35 USD is 31.82 AUD |
N/A |
0 |
4015 |
Password Reset Service |
660 USD is 599.94 AUD |
-46% |
1140 USD is 1120.50 AUD |
4030 |
Donation other |
0 |
N/A |
0 |
4150 USD |
Membership-fees USD |
720 USD is 654.48 AUD |
+2% |
650 USD is 638.88 AUD |
4150 AUD |
Membership-fees AUD |
72 |
-38% |
115.70 |
4150 Total |
Membership-fees |
726.48 |
-4% |
754.58 |
4210 EUR |
Income Advertising EUR |
0 |
-100% |
650 EUR is 888.70 AUD |
4210 AUD |
Income Advertising AUD |
129.30 |
-78% |
582.93 |
4210 Total |
Income Advertising |
129.30 |
-91% |
1471.63 |
|
Total Own Income |
4401.37 |
-29% |
6179.37 |
Income dropped, mainly due to less google ads payments, no advertising on the website and less usage of the paid password reset service.
Other Income
Account Number |
Account name |
2010/2011 |
Difference % |
2009/2010 |
7010 |
Interest Income |
204.92 |
-9% |
226.08 |
|
Total Other Income |
204.92 |
-9% |
226.08 |
Cost of Sales
Account Number |
Account name |
2010/2011 |
Difference % |
2009/2010 |
6336 |
Domains |
0 |
N/A |
0 |
6351 |
Internet hosting services |
2927.09 EUR is 3822.78 AUD |
-4% |
2918.86 EUR is 3990.76 AUD |
|
ksplice |
0 |
-100% |
119.40 USD is 117.36 AUD |
|
Hardware |
96.98 EUR is 126.66 AUD |
N/A |
0 |
|
Total Cost of Sales |
3949.44 |
-4% |
4108.12 |
Other expenses
Events
Account Number |
Account name |
2010/2011 |
Difference % |
2009/2010 |
|
Events (1) |
1023.40 |
N/A |
0 |
|
Total Events |
1023.40 |
N/A |
0 |
(1) ATEs organised in Australia
Other expenses
Account Number |
Account name |
2010/2011 |
Difference % |
2009/2010 |
6050 |
Exchange variance |
300.95 |
+193% |
-322.62 |
|
Software testers reward challenge EUR |
90 EUR is 117.54 AUD |
+100% |
0 |
6120 AUD |
Bank Service Charges |
104.35 |
-32% |
152.46 |
6120 EUR |
Bank Service Charges |
22.37 EUR is 29.22 AUD |
-28% |
29.86 EUR is 40.83 AUD |
6120 USD |
Bank Service Charges |
73.66 USD is 66.96 AUD |
-31% |
98.61 USD is 96.92 AUD |
6120 Total |
Bank Service Charges |
200.53 |
-31% |
290.21 |
6242 |
Fees and Charges Inc. |
0 |
-100% |
109 |
6250 |
Postage and Delivery expenses |
0 |
N/A |
0 |
|
Total Other expenses (1) |
619.02 |
+708% |
76.59 |
(1) Not including audit costs above
Other exenses are higher than usual because of some losses due to exchange variance.
Depreciation & Amortisation
Account Number |
Account name |
2010/2011 |
Difference % |
2009/2010 |
6150 |
Depreciation Expense |
0 |
N/A |
0 |
|
Total Depreciation & Amortisation |
0 |
N/A |
0 |
|
Grand total Other expenses (1) |
1642.42 |
+2044% |
76.59 |
(1) Events + other expenses = grand total of other expenses (1023.40+619.02=1642.42)
Total
|
Net profit / loss |
-985.56 |
-136% |
2722.42 |
Profit/loss = income - expenses = own income + other income - cost of sales - grand total other expenses