Nabers Annual Report 2019/20


Financial Statement 2019/20

NABERS Finance Report 2019 – 2020

Receipts $
NSC Member Contributions (727,808)
Other Government Partnerships (3,660,072)
NABERS ratings and products (2,958,122)
Training fees (224,661)
Accreditation fees (248,486)
NABERS agreements and licenses (24,114)
Total Revenue (7,843,263)
Expenditure $
Salaries 3,921,047
Operational expenses related to the delivery of ratings 308,351
Training and accreditation 52,257
Stakeholder and communication activities 318,678
Development & Innovation projects 691,147
Website development and maintenance (incl Capital) 522,297
General operation costs 382,545
Total Expenditure 6,196,322
Net Result (1,646,941)
Cash Reserves (2,007,033)