Previous Page

Financial performance

Annual Report 2021 - 2022

Our financial result was a surplus of $13.5 million, which is $16.7 million more than our budgeted deficit of $3.2 million.

 

Total income for 2021–2022 was $438.9 million and expenditure was $426 million.

Funding from the NSW Government was $238.9 million.

Funding from the Commonwealth under the National Legal Assistance Partnership was $101.8 million.

Acceptance by the Crown entity of employees’ benefits and other liabilities was $4.2 million.

Funding from other sources includes $21 million from the Public Purpose Fund, $56.5 million from other grants received and $16.5 million from other sources.

Further details may be found in the notes to the financial statements available on the Financial Summary page.

Our major expenses for 2021–2022  were:

  • employee-related expenses of $161 million ($156.9 million in 2020–2021) and
  • payments to private lawyers and other professional services of $146 million ($137.8 million in 2020–2021).

Operating statement($M)
Revenue (including government contributions)479.8
Expenditure(482.0)
Other gains or losses(0.2)
Net result(2.4)
Balance sheet($M)
Current assets29.4
Non-current assets46.7
Total assets76.1
Current liabilities37.6
Non-current liabilities7.2
Total liabilities44.8
Net assets31.3
Equity31.3

Total expenses($M)
2017–2018318.9
2018–2019374.5
2019–2020372.1
2020–2021404.7
2021–2022426.0
Surplus or (deficit)($M)
2017–20180.3
2018–2019(25.6)
2019–20206.9
2020–2021(11.3)
2021–202213.5