Consolidated Statement of Profit or Loss and Other Comprehensive Income FOR HOUSING INDUSTRY ASSOCIATION LIMITED ACN 004 631 752 F O RTHE YEAR ENDED 31 DECEMBER 2017 2017 2016 $ $ Revenue Rendering of services 59,578,462 56,579,795 Sale of goods 5,960,761 5,824,868 Operating grants 4,811,810 4,837,313 Rental income 1,226,500 1,392,959 71,577,533 68,634,935 Cost of sales (32,586,915) (29,453,911) Gross Profit 38,990,618 39,181,024 Finance income 18,405 13,484 Finance costs (20,710) (57,598) Gain/(loss) on disposal of property, plant and equipment (277,887) (39,355) Depreciation and amortisation expenses (2,045,059) (1,936,290) Administrative expenses including employee benefits (36,113,244) (36,410,377) Profit for the year 552,123 750,888 Other comprehensive income Other comprehensive income for the year – – Total comprehensive income for the year 552,123 750,888 MAY 2018 HOUSING 101 HIA CONCISE FINANCIAL REPORT