Our net financial result was a surplus of $10.9 million.
| 2021–22 ($M) | 2022–23 ($M) | Change % | |
|---|---|---|---|
| Operating revenue | 438.9 | 492.0 | 12.1% |
| Operating expenses | 426.0 | 479.3 | 12.5% |
| Total assets | 87.8 | 103.6 | 18% |
| Total liabilities | 52.5 | 57.4 | 9.3% |
| Surplus | 13.5 | 10.9 | (19.3%) |
| Net equity | 35.3 | 46.2 | 30.9% |
Legal Aid NSW receives its government funding as a grant from the NSW Department of Communities and Justice. The grant comprises income from the NSW Government and the Commonwealth Government. In addition, income is received from the Public Purpose Fund and client contributions.
Total income for 2022–23 was $492.0 million, and expenditure was $479.3 million.
Our financial result was a surplus of $10.9 million, which is $13.3 million more than our budgeted deficit of $2.4 million.
We ended the year with net equity of $46.2 million. Payments of $163.3 million were made to private lawyers who provide legal aid services to our clients. These payments include disbursements for other professional services.
| Funding received in 2022–23 | ($M) |
|---|---|
| State appropriation, including Commonwealth funding provided under the National Legal Assistance Partnership | 373.7 |
| Public Purpose Fund grant | 39.5 |
| Other grants | 64.9 |
| Acceptance by the Crown Entity of employees’ benefits and other liabilities | 5.1 |
| Other sources | 8.8 |
| Total | 492.0 |
| Employee-related expenses | 177.6 |
| External legal services | 163.3 |
| Grants and subsidies | 90.7 |
| Other | 47.7 |
| Total | 479.3 |
| Criminal law | 214.0 |
| Family law | 120.1 |
| Civil law | 50.1 |
| Community partnerships | 95.1 |
| Total | 479.3 |
Share with
Facebook
Twitter
LinkedIn