2015 2014
$ $
INCOME
Affiliation fees received 36,924 22,601
Grants received – ARZENU 3,670 –
Donations 1,042 –
Interest 45 –
TOTAL INCOME 41,681 22,635
Less EXPENDITURE
Accounting fees 550 550
Bank fees 181 179
Affiliation fees 1,814 2,896
Grants 8,500 14,540
Internet, web design 2,238 1,215
Administration costs 1,088 3,966
Travel & Conferences 8,077 4,612
TOTAL EXPENDITURE 22,448 27,958
Net Income / (Loss) for the year 19,233 (5,323)
Accumulated income at beginning of year 33,277 38,600
ACCUMULATED INCOME end of year 52,510 33,277
ARZA AUSTRALIA INC.
STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2015
CAPITAL EMPLOYED
Accumulated funds 52,510 33,277
52,510 33,277
EMPLOYMENT OF CAPITAL
CURRENT ASSETS
ANZ Bank – cheque account 52,510 33,277
Debtors – –
TOTAL ASSETS 52,510 33,277
Less CURRENT LIABILITIES
Accounts payable – –
TOTAL NET ASSETS 52,510 33,277