Financial Report 2013-2014

Currency Rates

Currency rates at the end of the fiscal year:

Summary

Description

2013/2014

Diff.

2012/2013

Current Assets

6960.54 AUD

-26.5%

9474.17 AUD

Current Liabilities

677.76 AUD

-82.5%

3873.55 AUD

Equity

6282.78 AUD

+12.2%

5600.62 AUD

Income

4982.09 AUD

+49.3%

3336.77 AUD

Expenses

4299.93 AUD

-49.9%

8576.93 AUD

Profit

682.16 AUD

-113.0%

-5240.16 AUD

Current Assets

Acc. No.

Account Name

2013/2014

Diff.

2012/2013

B212

Accounts Receivable USD

-83.75 USD is -89.14 AUD1

-115.7%

523.93 USD is 567.63 AUD

B213

Accounts Receivable EUR

150.28 EUR is 218.46 AUD

-

-

B421

Westpac Transaction Account

439.66 AUD

+53.7%

286.10 AUD

B422

Westpac Savings Account

1200.05 AUD

-62.7%

3220.24 AUD

B423

Credit Union Australia

137.25 AUD

+0.0%

137.25 AUD

B431

PayPal AUD

1833.18 AUD

-40.1%

3058.16 AUD

B432

PayPal USD

2107.54 USD is 2243.18 AUD

+5.1%

1969.22 USD is 2133.47 AUD

B433

PayPal EUR

672.70 EUR is 977.90 AUD

+1271.1%

50.33 EUR is 71.32 AUD

Total Current Assets

6960.54 AUD

-26.5%

9474.17 AUD

Current Liabilities

Acc. No.

Account Name

2013/2014

Diff.

2012/2013

E113

Accounts Payable EUR

-1060.21 EUR is -1541.23 AUD2

-338.5%

456.00 EUR is 646.20 AUD

E32

Provisions for bills to receive

2218.99 AUD3

-31.2%

3227.35 AUD

Total Current Liabilities

677.76 AUD

-82.5%

3873.55 AUD

Equity

Acc. No.

Account Name

2013/2014

Diff.

2012/2013

C3

Retained earnings (last year)

5600.62 AUD

-48.3%

10840.78 AUD

PNL

Retained earnings (this year)

682.16 AUD

-113.0%

-5240.16 AUD

Total Equity

6282.78 AUD

+12.2%

5600.62 AUD

Income

Acc. No.

Account Name

2013/2014

Diff.

2012/2013

F1

Donations

2529.11 AUD

+81.7%

1391.72 AUD

F21

Membership Fees

1006.98 AUD

+8.9%

924.88 AUD

F22

Assurer Certificates

198.08 AUD

+297.9%

49.78 AUD

F23

Password Reset Service

615.70 AUD

+24.9%

492.79 AUD

F3

Advertising Income

616.24 AUD

+37.0%

449.95 AUD

=> Total Own Income

4966.11 AUD

+50.1%

3309.12 AUD

G1

Interest Income

1.59 AUD

-81.0%

8.39 AUD

G2

Income Suspense

14.39 AUD

-25.3%

19.26 AUD

=> Total Other Income

15.98 AUD

-42.2%

27.65 AUD

Total Income

4982.09 AUD

+49.3%

3336.77 AUD

Expenses

Acc. No.

Account Name

2013/2014

Diff.

2012/2013

I22

Events

-

-100.0%

476.42 AUD

I74

Hosting

4610.34 AUD4

-33.5%

6937.05 AUD

I75

Other Computer Costs

-

-100.0%

561.24 AUD

I82

Bank Service Charges

340.02 AUD

-47.9%

652.41 AUD

I83

Exchange Variance

-650.43 AUD5

+1195.9%

-50.19 AUD

Total Expenses

4299.93 AUD

-49.9%

8576.93 AUD

Profit

2013/2014

Diff.

2012/2013

682.16 AUD

-113.0%

-5240.16 AUD

Conclusion

Due some cuts in the hosting costs and increased income in donations we could turn our big minus from last year into a small plus. This number is to be taken with care though as one needs to account for the lost value of the Australian Dollar. So in reality it's probably a zero or even a small minus. The new infrastructure server that had an effect on last years loss turned out to be purchased just at the right moment. We just had transferred it to the Netherlands when we ran out of hard disk space on the old server. In this year there were no such investments but we should continue to try to improve our finances so that we can build up some reserves for when we need them in similar situations.


AGM/FinancialReport/2014 (last edited 2014-07-10 14:58:58 by MichaelTänzer)