|For the financial year ended 30 June 2012||SOCIETY*||NON BLOOD HUMANITARIAN SERVICES|
|Donations and gifts 1||48,522||99,170||48,522||99,170|
|Legacies and bequests||12,309||10,093||12,309||10,093|
|International Aid and Development programs expenditure|
|Fundraising costs 2|
|Accountability and administration 3||29,620||23,607||22,694||19,482|
|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.
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.