Nabers Annual Report 2021/22


Financial Statement 2021/22

NABERS Finance Report 2021 – 2022

Starting cash reserve (1,374,773)
Revenue $
NSC government member contributions (318,338)
Government funding* (2,989,511)
NABERS ratings and products (3,836,666)
Training fees (237,447)
Accreditation fees (402,095)
NABERS agreements and licenses (25,500)
Total revenue (7,809,557)
Expenditure $
Salaries 4,522,617
Operational expenses related to the delivery of ratings 350,537
Training and accreditation 87,870
Stakeholder and communication activities 631,752
Development & Innovation projects 484,818
Website development and maintenance (incl Capital) 876,289
General operation costs 674,692
Total expenditure 7,961,826
Operating result (1,222,505)
Cash adjustment - move to NSW Treasury (5,367,357)
Government funding reserved for FY23 projects* (3,444,510)
   
Cash Reserves (11,409,145)
   
*Includes $3,591,495 received in FY21