Nabers Annual Report 2020/21


Financial Statement 2020/21

NABERS Finance Report 2020 – 2021

Starting Cash Reserve (2,007,033)
Revenue $
NSC Member Contributions (722,734)
Other Government Partnerships (2,342,371)
NABERS ratings and products (2,829,251)
Training fees (268,899)
Accreditation fees (132,033)
NABERS agreements and licenses (72,727)
Total Revenue (6,368,015)
Expenditure $
Salaries 4,134,074
Operational expenses related to the delivery of ratings 313,863
Training and accreditation 69,422
Stakeholder and communication activities 417,340
Development & Innovation projects 560,876
Website development and maintenance (incl Capital) 1,193,806
General operation costs 310,896
Total Expenditure 7,000,276
Net Result 632,261
Cash Reserves (1,374,773)
Funding received for FY22 projects (will be included in FY22 annual report) (3,591,495)