30 Ovarian Cancer Research Foundation Financial Statements For the year ended 30 June 2021 Income 2020-21 2019-20 2018-19 Corporate Sponsorship 685,052 609,528 1,457,302 Individual & Community Donations 1,812,321 1,623,396 1,234,679 Philanthropic Giving 331,111 758,782 687,712 Other Income 46,152 111,555 151,494 Government Subsidies (Covid-19) 193,700 $80,000 - Total Income for the year 3,068,336 3,183,261 3,531,187 Expenditure Administration 167,834 217,513 158,520 Research Report 174,308 100,750 - Technology Upgrade Expense 104,867 171,086 74,777 Employee Expenses 841,331 818,408 759,008 Awareness & Fundraising Campaigns 746,927 747,047 667,421 Total Expenditure 2,035,267 2,054,804 1,659,726 Surplus before grant payments 1,033,069 1,128,457 1,871,460 Grant Payments Grants paid during the year 1,897,283 2,108,864 1,474,654 Total Grants Payments 1,897,283 2,108,864 1,474,654 Total Comprehensive Income (Loss) (864,214) (980,407) 396,807 Pro Bono Support Pro-bono products & services (received at zero cost) 3,281,015 4,666,115 6,864,866 Cash Flow From Operating Activities 2020-21 2019-20 2018-19 Receipts from Corporate Sponsorship 684,226 574,410 1,446,692 Receipts from Donations & Fundraising Activities 2,161,231 2,450,121 1,899,938 Receipts from Government (Covid-19) 193,700 80,000 Interest Received 46,152 111,555 125,406 Payments to Suppliers & Employees (1,961,308) (1,144,190) (1,207,581) Payments of Research Grants (2,076,729) (1,929,417) (1,474,654) Total Cash (used in)/provided by Operating Activities (952,728) 142,479 789,801 Cash Flow From Investing Activities Transfer of cash from/(to) term deposit 1,023,143 (197,214) (353,940) Payments for plant and equipment (3,318) (4,005) (5,752) Total Cash provided by /(used in) Investing Activities 1,019,825 (201,219) (359,692) Net Increase/(Decrease) in Cash 67,097 (58,740) 430,169 Cash Balance at the Beginning of the Year 535,566 594,306 164,197 Cash Balance at the End of the Year 602,663 535,566 594,306 Assets 2020-21 2019-20 2018-19 Current Assets 5,320,714 6,180,323 6,912,813 Non-Current Assets 1,705 15,407 17,374 Total Assets 5,322,420 6,195,730 6,930,187 Liabilities Current Liabilities 393,763 420,858 181,465 Non-Current Liabilities 25,933 7,934 1,376 Total Liabilities 419,696 428,792 182,841 Net Assets 4,902,724 5,766,938 6,747,346 Statement of Comprehensive Income Statement of Financial Position Statement of Cash Flows