Financial summary 2024–25

Download a PDF version of Northcott’s full Financial Report 2024–25

Table 1: Revenue and Expenditure 2024–25

Category Amount
rounded ($)
Operating revenue (excludes revenue from capital grants income) $225,547,000
Operating expenditure -$246,536,000
Operating surplus or deficit -$20,989,000
Financial income or loss $3,475,000
Capital grants income –
Estates and bequests $2,538,000
Other non operating income or loss $669,000
Net surplus or deficit -$14,307,000

Table 2: Assets and Liabilities 2024–25

Category Amount rounded ($)
Total assets $92,765,00
Total liabilities $64,359,000
Total equity $28,406,000

Table 3: Cash Flows 2024–25

Category Amount rounded ($)
Net cash (used in)/from Operating Activities -$15,392,000
Net cash (used in)/from Investing Activities $8,355,000
Cash and cash equivalents at 30 June 2025 $5,426,000

Table 4: Ratios

Category Ratio
Current assets/current liabilities 1.06:1
Total cost of services/total expenditure 86%

92% of Northcott’s total income in 2024–25
came from Government funding (includes
capital grants).

91% of Northcott’s total income was spent
on delivering services.

Total Fundraising revenue (including bequests) ($)

Category Amount ($)
2024-25 $3,400,000

Total fundraising revenue shows all funds (cash) received within the financial year.