Income Statement

For the financial year ended 30 June 2012	SOCIETY*		NON BLOOD HUMANITARIAN SERVICES
	2012	2011	2012	2011
	$'000	$'000	$'000	$'000
REVENUE
Donations and gifts 1	48,522	99,170	48,522	99,170
Legacies and bequests	12,309	10,093	12,309	10,093
Grants
AusAID	23,897	22,171	23,897	22,171
other Australian	753,474	635,074	209,110	107,838
other overseas	4,295	1,691	4,295	1,691
Investment income	14,706	17,182	5,063	8,086
Other income	97,729	80,212	74,158	51,860
Total revenue	954,932	865,593	377,354	300,909
EXPENDITURE
International Aid and Development programs expenditure
funds to international programs	53,188	49,962	53,188	49,962
program support costs	5,241	4,744	5,241	4,744
Domestic programs	756,678	598,760	224,287	137,087
Community education	1,097	1,053	1,097	1,053
Fundraising costs 2
public	15,965	14,789	15,965	14,789
government, multilateral and private	-	91	-	91
Retail activities	53,734	56,344	53,734	56,344
Accountability and administration 3	29,620	23,607	22,694	19,482
Total expenditure	915,523	749,350	376,206	283,552
Excess of revenue over expenditure from continuing operations	39,409	116,243	1,148	17,357
* Society includes Non Blood Humanitarian Services and Blood Service. The Blood Service is funded by the governments of Australia and produces its own set of accounts. To understand the activities and financial affairs of the Blood Service, the annual report and full financial statements can be obtained at donateblood.com.au 1 During the financial year there were no transactions (2011: nil) recorded as non-monetary donations and gifts. 2 Fundraising costs include both International and Domestic programs. 3 Accountability and Administration costs include both International and Domestic programs. During the financial year there were no transactions (2011: nil) in the Political or Religious Proselytisation program category

Commentary on Income Statement (Non Blood Humanitarian Services)

The Income Statement shows that Non Blood Humanitarian Services recorded a surplus of $1.1 million, compared to a surplus of $17.4 million last year.

Total income for 2012 was $376.5 million, a 25% increase from 2011, largely due to a new government contract for expansion of community services for asylum seekers and Community Detention.

Donations and Gifts are down 51% with no significant emergency appeals in 2012. Donations to support everyday work in Australia and overseas continue to grow.

Legacies and Bequests rose 22% but are highly variable from year to year.

AusAID Grants increased 8%, mainly due to increased funding for Australian Volunteers for International Development (AVID) – an AusAID project implemented by Australian Red Cross and other partners – as the project moved beyond the development phase.

Investment income dropped 37%, mainly related to the sale of property and associated loss of rental income.

Other income includes $27 million from the sale of properties, plant and equipment.

Total expenditure was $376.2 million, an increase of 33% from 2011, related to a similar increase in Government funding.

International Aid and Development programs expenditure rose with expenditure of 2011 appeal funds and increases to AusAID funding for volunteer deployments (AVID) and Pacific Disaster Management Program.

Domestic programs expenditure reflects increased funding for migration support programs and expenditure relating to a new Homelessness Assistance grant. This is offset slightly with reduced expenditure relating to the 2011 QLD and VIC floods.

Community education expenditure represents Red Cross’ legal responsibility to provide training around the laws of war (IHL) and remains consistent with 2011.

Fundraising costs increased 7% in line with increased donations for everyday work and in support of new investment in fundraising to assist securing future income.

Retail activities declined in line with a tough year in the retail industry.

Accountability and administration expenditure increased by 16% in line with the expansion in domestic programs.