Statement of profit or loss
and other comprehensive income
as at 30 June 2017

 2017
$
2018
$
Revenue20,113,27319,391,721
Other Income675,611578,573
20,788,88419,970,294
Expenses
Employment expenses(14,051,864)(13,344,227)
Property and energy expenses(1,917,530)(1,675,099)
Administration expenses(2,410,512)(2,749,984)
Motor vehicle expenses(780,103)(726,064)
Client related expenses(1,143,907)(1,307,358)
Depreciation and amortisation expenses(232,420)(170,445)
Other expenses(180,251)(210,708)

SURPLUS/(DEFICIT) BEFORE INCOME TAX EXPENSE72,297(213,591)
Income tax expense
Surplus/(deficit) for the year72,297(213,591)
Other comprehensive income
TOTAL COMPREHENSIVE INCOME/(DEFICIT) FOR THE YEAR72,297(213,591)

If you would like to view the full financial statements for the 2016/2017 financial year, please contact Micah Projects or visit the Australian Charities and Not-for-profits Commission (ACNC) website: http://bit.do/acnc-gov-au-micah-projects

Statement of financial position
as at 30 June 2017

 2017
$
2018
$
Assets
Current Assets
Cash and cash equivalents4,722,5783,882,044
Inventory1,785
Trade and other receivables274,677268,305
Other current assets103,00982,210
TOTAL CURRENT ASSETS5,102,0494,232,559

NON-CURRENT ASSETS
Security deposits and bonds321,015316,054
Equity accounted investment264,959
Property, plant and equipment843,819591,612
TOTAL NON-CURRENT ASSETS1,429,793907,666
TOTAL ASSETS6,531,8425,140,225

LIABILITIES
CURRENT LIABILITIES
Trade and other payables1,043,705593,048
Provisions1,228,7411,063,153
Other current liabilities2,291,6361,650,669
TOTAL CURRENT LIABILITIES4,564,0823,306,870

NON-CURRENT LIABILITIES
Provisions461,875399,767
TOTAL NON-CURRENT LIABILITIES461,875399,767
TOTAL LIABILITIES5,025,9573,706,637
NET ASSETS1,505,8851,433,588

EQUITY
Retained surpluses1,505,8851,433,588
TOTAL EQUITY1,505,8851,433,588

Note 1. Significant accounting policies
This concise financial report is an extract from the financial report. The financial statements and specific disclosures included in this concise financial report have been derived from the financial report. The concise financial report cannot be expected to provide as full an understanding of the financial performance, financial position and financing and investing activities of the entity as the financial report. The presentation currency used is Australian dollars and there are no significant events occurring after the reporting date to be reported.