DOCUMENT

ANNUAL REPORT 2020 | 23 Statement of comprehensive revenue and expenses for the year ended 31 March 2020 in New Zealand Dollars Note 2020 2019 Revenue from supporters 1 11,120,930 7,155,037 Investment income 8 1,825,713 3,074,287 TOTAL REVENUE 12,946,643 10,229,324 Administrative expenses 2 (1,212,770) (1,232,352) Education and engagement expenses 2 (624,013) (519,532) Fundraising expenses 2 (477,138) (365,902) Awareness expenses 2 (411,393) (683,785) Depreciation 2 (73,116) (63,053) TOTAL OPERATING EXPENDITURE (2,798,430) (2,864,624) SURPLUS BEFORE GRANT DISTRIBUTIONS 10,148,213 7,364,700 Appropriation to research grant fund in the year 5 (4,116,537) (6,062,605) SURPLUS FOR THE PERIOD 6,031,676 1,302,095 Other comprehensive revenue and expense - - TOTAL COMPREHENSIVE REVENUE AND EXPENSE FOR THE YEAR 6,031,676 1,302,095 This statement is to be read in conjunction with the notes to the financial statements.