b'Statement of income Financial statement2023 2022 2023 2022$,000 $,000 Current assets $,000 $,000Government contributions 293,872 247,634 Cash and cash equivalents 120,285 92,179Fees for service 42,414 40,986 Term Deposits 1,500 1,500Donations, bequests and other philanthropic income 17,621 14,631 Receivables 7,043 8,795Sale of goods 4,623 3,409 Other current assets 10,230 7,372Other income 15,551 10,672 Assets held for sale 8,836 13,684Total revenue374,081 317,332 Financial assets 41,804 60,100Total current assets 189,698 183,630Employee expenses 245,707 239,568 Non-current assetsClient expenses 65,320 26,140 Property, plant and equipment 273,900 263,741Occupancy expenses 16,006 14,731 Right of Use assets 45,659 35,496Administration expenses 16,355 12,185 Financial assets 83,085 47,088Depreciation and amortisation 12,149 12,638 Total non-current assets 402,644 346,325Finance costs 1,498 1,051 Total assets 592,342 529,955Other expenses 5,736 5,476Total expenditure362,771 311,789 Current liabilitiesPayables 159,508 135,085Net surplus for the year from continuing operations 11,310 5,543 Provisions 31,608 28,213Lease liabilities 2,977 3,478Other comprehensive income Total current liabilities 194,093 166,776Net (gain) / loss on equity instruments designated at fair4,293 (5,441)value through other comprehensive incomeNon-current liabilitiesRevaluation increase of Property, Plant and Equipment 1,270 1,038 Payables 14,867 1,777Net Movement in Beneficial Right of Use of Property (585) (633) Provisions 9,290 9,417to UnitingLease liabilities 35,354 22,922Total non-current liabilities 59,511 34,116Total comprehensive income / (loss) for the year 16,288 507 Total liabilities 253,604 200,892Net assets 338,738 329,063EquityContributed equity 12,623 12,623Reserves 310,548 313,370Accumulated surplus / (deficit) 15,567 3,070Total equity 338,738 329,06344 Uniting Vic.Tas and Uniting Housing Annual Report Uniting Vic.Tas and Uniting Housing Annual Report 45'