Our finances
The financial overview illustrates key aspects of Q-COMP's
financial performance during the 09/10 year and is designed to help
understand and interpret the details of the financial
statements.
Key financial outcomes for 09/10 included:
- $144,442 deficit - $320,554 better than budgeted
- Net assets down to $9.552 million at 30 June 2010
- Grants expenditure of $45.341 million in 09/10, up by 9.4%
- Q-COMP operating expenses over budget by 3.4%
Financial statements
The financial statements have been prepared by Q-COMP to meet the
requirements of Section 62 of the Financial Accountability Act 2009
and Australian Accounting Standards. The Queensland Treasury's
model financial accounts are used to assist with standardised
financial reporting.
Download
Financial Statements (pdf 311kB) from our
Annual Report 09/10.
If you would like more information about the levy rate
calculation, call Legal Services on 1300 361 235 or email legalservices@qcomp.com.au