Presentation of HRCC Audited Financial Statements 2021/22

Please be advised that the General Manager will present the Audited Financial Statements 2021/22 FY at the next Ordinary Meeting, to be held at 6:30pm 13 October 2022, at 6 Walker St, South Windsor, NSW.

Members of the public are entitled to view and make comment on the financial position of HRCC.

A summary of the HRCC financial position at 30 June 2022 is below

 

Actual

2021/22

 

Actuals

2020/21

Results from Operations

$,000

 

$,000

Revenue

1,571

 

1,453

Expenses

1,284

 

1,461

Net Result

287

 

(8)

 

 

 

 

Financial Position

 

 

 

Current Assets

1,622

 

1,271

Current Liabilities’­­­­­

437

 

347

Total Equity

2,968

 

2,427

 

 

TCorp Benchmark

 

Other Financial Information

 

 

 

Operating Performance Ratio

14.63%

0%

-5.41%

Unrestricted Current Ratio

9.14x

1.50x

11.62x

Cash Expense Cover Ratio

14.33mths

3.00mths

10.22mths