amt Australian Securities & ee, @ Investments Commission nesta sia rorm 388 Corporations het 2001 i 208, ah 288-391, 307,308, 319,32, 322 Corporations Regulations 1.0.08, 243.01, 23.03 Copy of financial statements and reports Itthere is insufficient space in any section of the form, you may photocopy the relevant page(s) and submit as part ofthis lodgement Companyischeme details Cenpan/ichene are : : Chun f_ Screntolo. veal lie ACNIARSWWPNABN a5 (5 O53 APE Lodgement details ‘Who should ASIC contact there sa query about this form? ASIC rogitared agent number (i aplieble) Aninage ol is form wil be avaliable as portal he pubs regia, Fimdegensaion Seienky es Conic namepestion desziton “leghone murda: (Gig business NOUS) TIRE Michael Gordon ] (en) 4637 S200 7 Email address (optional) BUN DE ais @ Dov Ea ch as ———" Denda New } CA? 1 Reason for lodgement of statement and reports ee eee “Tek propia box pu capany a Bse06ng ay whi sal aelsred chore or pescbo erest 7 srdeteing Sexi geil Tae ‘Ait 2s apa iis y guise 0 ‘Aregistered schema (8) Amendment tania statment dees opat (company) © [_] Amendment of nancial statements or directors’ sepor (registered scheme) io) Se Gite fence prepntey ‘ge ort campary thats nat discsig ety w ‘Asmallpropritry company tals convolled by 2frelgn company fo ao partf the pera nd ‘where the company's proto loss forthe periods not covered bythe sltemeisfdged wth ASIC by (1 suscittvedninctentpeity —— Vrptenanopenge, cng sed ter ae - “Asmall proprietary company, oF a small company imited by guerantee that is requested by ASIC 10 0 popanoe nip sens ede eid eet unranked ey ” baton wh al yarbeghs Fal ya bps Fer you es tne NOVO. i; CHa www po My YY ASIC Fo 388 Toette 2013 Paget oftPEEEEEE EE eee tee te ete eee eee eee eee eee eee USCC es ees 2 Details of large proprietary company ‘See Guide for defrtion of arge and smal fe company i lexge propery company als note disclosing ely, plaese compete tho folowing oration 3s proprotary compares al te end of he fnancial year for which the facial stalements relate: |A. Whatis te consoidalod revenue of te tre propitary company ed the ents tal it conso8? 1B Whats the value of the consodotod gross asa ofthe large proptay company ané the ens that cons? © How many employees sre employed by the tage poplar carpany ad the ens tat conbols? (0 How many members does the age propietary company have? 3 Auditor's or reviewer's report Wes anda satan euliog evened? “kena boxandcomplereovant faesfeoseaey ot Aiee -conpow 8 oy vowed cons Aend 8 ; No Lea ca oT ESTE Ove Ono ‘A Reviewed Isto reviewar a registred company au, ot member of The Insite of Chartered ‘Accountants in Auta, CPA Austra Lind, or instule of Publi Accountants and holds @ ‘srocsing crifcats sued by one those bodies? 8. Aualed or Reviewed she oprioncancsion in the report: ‘Mose? (The opinlcancson nthe report is qed, adverse or dscsined) Ove Dw ‘oes the pat ontain an Emphasis of Mator andor Other Mater paregrpt? Ove Dw ASIC Form 38 TOcber 2013 Pageteee 4 Details of current auditor or auditors Notes: ‘ejslered echemes must tia ASIC che spp! an aur on Farm S13 Apatnanto scan aus win 4 days oe apokunen othe ess Apu company mite y gu osed. ‘company may hae to eppcinies ‘autos, provided ha bot auditors ‘wore applntod on he same date Otherwise, an appointed eudtor must resign, be removed or ohewise ceased ‘eloe a suasequent appolniment may bo made, ASIC Form 388 nay. soe rcrslanes, nave faze revowe,Thase compass eel equa iohave an aur and ese dens must be Ti isan number dial ude or buhorsed exh company) [fo0eg Family are ian name [Cammarata] (Gaetano Company name AGNIABN « Fem come (poe) Prudential Partneys ont, # Level & See aunber an Sst are 47 York $t ububily Siler Potts vd ey MSW 2000 Coun io Ava Date of ae Qe oli] Boom wy a ‘Audioregtaton number (or ndiaual autor or auhosod eu company) Family name Grennare, el o Company name ACNIABN o Fim nam (applicable) ‘Steet number and Steet name Feat EEE EEE SoburbiCity StateTorioy, Pestcat Coun (FnotAusaa oem 2013 Pago dete—_— 5 Statements and reports to be attached to this form Signature ‘ee Guide for deta of signatory Lodgement ASIC Form 38 Financial datemaris for ta year (os f@qur0d by 6288(2) and aocouning standards) + Statement of comprehensive income, may als includ e separate income stalament or he yoar + Statomant of franca postion as atthe ond of te year Staemest of cashflows for the year + Slatament of changes in eal. oR itrequited by accounting standards — th conslte statements of comprehensive incamstncomesltemert, ‘nance positon, cash fows and changes im equity. Notes to fnancial statements (90 5295) + Disclosures requed by the egos Notes roquiedby th accountng standards + oer inarmaton necessary to give a ue and fe view gee 8297), ‘The signed directors’ detraton about he statements and nots (see £295(). ‘Tha signed dirctors epo forte year, includ the copy ofthe audi’ revi’ indapendence declaration {ee 5236 to 53008). ‘Signe audio’ op of, where applicable, aviawer's report (see $301, s307 to $308), Concise repent any (6088319) Teavtly thatthe etached documents marked _)ae atu copy of the orignal reports required tobe lodged under 1539 of he Corporations Act 2001 Nome — Signature Meg iyn— pe nom seco Die ASLO po yy Sonlcongned ad Send Ts For mernaraton fasta Secs er termes Connon, a ee PO bon, Gps a canbe I 68 ie sete meiecal Crleege th em eloctrnicaly by: eee + Wsting he ASIC wetste van asiz gorau + using Slandré Business Ropotingenabied solware. See ‘unesbegor.a for more dais ocooe 2013 PagesoldCHURCH OF SCIENTOLOGY AUSTRALIA (A Company Limited by Guarantee) (ABN 25 151 052 274) FINANCIAL REPORT for the year ended 31 DECEMBER 2012Church of Scientology Australia (A Company Limited by Guarantee) ‘ABN 28 154 052 274 Directors Report For the Year Ended 31 December 2012 The directors present their report together withthe financial report of the Church for the financial year ended 31 Oecember 2012 1. Directors The names of each person who has been a director during the year and to the date of this report are: ‘Mrs, Tatjana Senkeviciene Rev. Michael Gordon Rev. Vicki Dunstan 2. Director Notes for 2012 During 2012 the Directors have continued forwarding the expansion plans that have been formulated by the Church of Scientology International In summary the Church premises in Ascot Vale, Victoria, opening in tate January 2011, continued to deliver Church services at a high quantity and quality and has become a centre of community activities. AS 2 result of the expansion achieved so far and in the interest of further expansion the Directors resolved to incorporate the Melbourne Church separately, This was achieved and as of 1 October 2012 the Melboume Church was operating as a separate incorporated association, In alignment with the Church's expansion plans the Directors have been very much focused on establishing other similar Church premises in the major cities around Australia. Significant progress was ‘made during 2012 in fundraising for new Church premises, particulary in Perth and Sydney. In November 2012 Sydney Church building renovations were commenced and were completed early in 2014 to the standard of a model church. The renovated Sydney Church at 201 Castlereagh Street is ‘owned by a related church, Church of Scientology incorporated. ‘The new facilties include a large chapel which doubles as a public auditorium available to the community ‘a number or course rooms dedicated to our Life Improvement Courses including iteracy, relationships and communication; as well as facilites for our community outreach programs including drug education, human rights education, morals education as well as a base for our disaster response program which is one of the largest volunteer groups in the world ‘The Sydney Church also has @ multimedia information centre where people can find out for themselves who we are and what we do. People can walk in at any time of the day and take a self-guided tour through the displays to lear about Scientology. 3. Principal Activities ‘The principal activity of the Church during the financial year was the dissemination and practice of the religion of Sciontology which includes the delivery of religious services as the primary purpose. Fundraising activilies are conducted to enable the purchase of the Church premises to facilitate the practice of the Scientology religion to the benefit of the Church parishioners and the community. Poge tof 17,Church of Scientology Australia (A Company Limited by Guarantee) ABN 25 151 052.274 Directors Report (continued) 4. Short-term and Long-term Objectives ‘The company’s short-term objectives are to: = Increase the number of ministers trained in Scientology religious counselling = Increase the number of parishioners receiving Scientology religious services in Australia, ~ To open the newly renovated Sydney Church at 201 Castlereagh Street so that it can provide the full Church services envisioned by the religion's founder, L. Ron Hubbard. = To greatly extend the delivery of the Church's charitable programs in the community. The Church's long-term objectives are to: = Complete the renovations of all Churches of Scientology in Australia and bringing them to ideal ‘Church standards as envisioned by the religions founder, L. Ron Hubbard enabling them to provide all sorvices and community programs. ~ Provide support, financially and through volunteers, to social betterment programs that benefit the ‘general Australian public including drug education, human rights, literacy, disaster response and ‘moral education. To achieve its stated objectives, the Church has adopted the following strategies: = The implementation of fund raising activities to fund the purchase and renovations of Church facilities s0 thal the religious education and other religious services can be conducted for the benefit of alts parishioners and services to the communi = The implementation of training programs for volunteer staff so that the delivery of Scientology services is increased and in full accordance with Church scriptures. = The implementation of campaigns to distribute the Scientology scriptures to past, current and future parishioners thereby making available the full benefit of the Scientology religious philosophy and ‘scriptures fo the Church membership. 5. Key Performance Measures The Church monitors its performance by maintaining statistics relating to expansion as follows: 2012 ‘% increase Parishioners completing minor religious courses, 85% Parishioners completing major religious courses. 8% ‘Amount of religious counseling delivered. 3.6% 6. Information on Directors (Mrs. Tatjana Senkeviciene = Director and Treasurer Qualifications Trained in Church operations and management Experience = 12 years experience in Church Financial policies Special Responsibiilies - Church Financial Planning Poge 20f 17,Church of Scientology Australia (A Company Limited by Guarantee) ‘ABN 25 151 052 274 Directors Report (continued) Rev. Michael Gordon = Director and Secretary Qualifications = Trained in Church operations and management Experience = 18 years experience in Church operations and management Special Responsibilities = Legal Director for the Church Rev. Vicki Dunstan = Director and President Qualifications Trained in Church operations and management Experience = 30 years experience in Church operations and management Special Responsibilities = Church social reform and community programs. 7. Meetings of Directors During the financial year, five meetings of directors were held. Attendances by each director were as follows: Directors’ Mestings Number eligible to attond. Number attended Rev. Vicki Dunstan 5 5 Rev. Michael Gordon 5 5 Mrs, Taljana Senkeviciene 5 5 ‘The Church is incorporated under the Corporations Act 2001 and is a company limited by guarantee. Ifthe Church is wound up, the constitution states that each member is required to contribute a maximum of $2 each towards meeting any outstanding obligations of the entity. At 31 December 2012, the total amount that members of the Church are liable to contribute if the company is wound up is $10. Auditor's Independence Declaration ‘The lead auditor's independence declaration for the year ended 31 December 2012 has been received and ccan be found on page 4 of the financial report. ‘Signed in accordance with a resolution of the Board of Directors. omer Ve, Duh Rev. Vicki Dunstan (Chai) th Dated this 27 ayer May 2 Poge 30f 17Church of Scientology Australia (A Company Limited by Guarantee) ABN 25 151 052 274 AUDITOR'S INDEPENDENCE DECLARATION UNDER $ 307C OF THE CORPORATIONS ACT 2001 ‘TO THE DIRECTORS OF CHURCH OF SCIENTOLOGY AUSTRALIA | declare that, to the best of my knowledge and belief, during the year ended 31 December 2012 there have been no contraventions of: i. the auditor Independence requirements as set out in the Corporations Act 2001 in relation to the audit; and ii any applicable cade of professional conduct in elation to the audit. oe Name of auditor: Gaetano Antonio Cammarata Auitor’s Registration No: 14049 Name of fir: Prudential Partners Chartered Accountants Address: Level 4, 47 York Street, Sydney NSW 2000 Date: 27" May 2014 Poge 40117Church of Scientology Australia (A Company Limited by Guarantee) ABN 25 151 052.274 STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2012 Revenue Volunteer allowances Missionary & tours expenses Purchases of religious books & artefacts Contributions to affliated orgs Postage, carriage & freight Rent, rates & insurance Depreciation Light & heating Telephone, telex & facsimil Repairs & maintenance Cleaning, laundry & drycleaning Office & administration expenses. Hire of equipment Dissemination expenses Printing & stationery Volunteer welfare expenses Travel & subsistence Motor vehicie expenses Legal & professional fees Training materials Canteen expenses Bank charges & interest Exchange losses Ecclesiastical services Film lease payments LUcensing fees & memberships Religious training Loss on cisposal of assets Other expenses Curront year loss before income tax Income tax expense Net current year loss Other comprehensive income after income tax Other comprehensive income for the year, net of tax ‘Total comprehensive loss for the year tions Total comprehensive loss attributable to members ofthe entity ‘The accompanying notes form part of these financial statements. Note 2012 2011 $ s 15,863,108 17,277,124 (2,544,142) (2,935,674) (659,756) (722,590) (1,713,141) (1,679,887) (832,678) (311,885) (654,136) (786,340) (1.073.085) (1,100,104) (1.279.583) (1,046,911) (680,758) (684,896) (986,267) (614.611) (163,118) (197,788) (67.499) (47.330) (992,683) (429,544) (62.221) 99,916) (792,758) (701,854) (956,988) (490,674) (1,283,002) (1,418,524) (876,380) (443,311) (108,837) (161,378) (636,103) (756,702) (7.479) (3,850) (308,565) (459,408) (285.247) (217,003) (8.022) (5.148) (948,011) (1,038,952) (48,521) (121,062) (983,268) (988,344) (60,718) (664,361) = 260,911) (4.728) (6,477) (169,188) (136,375) (189,156) (136,375) (169,156) _ (136,375) (169,156) (136.375) Page 5.0f 17Church of Scientology Australia (A Company Limited by Guarantee) ‘ABN 25 484 052 274 STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2012 ASSETS CURRENT ASSETS Cash and cash equivalents Accounts receivable and other debtors. Inventories on hand Other current assets, TOTAL CURRENT ASSETS NON-CURRENT ASSETS Property, plant and equipment Intangible assets TOTAL NON-CURRENT ASSETS TOTAL ASSETS LIABILITIES CURRENT LIABILITIES ‘Accounts payable and other payable Contributions received in advance TOTAL CURRENT LIABILITIES TOTAL LIABILITIES NET ASSETS EQUITY Retained surpluses TOTAL EQUITY Note 10 ‘The accompanying notes form part of these financial statements. 2012 2014 s s 28,228,897 28,682,508 678,953 6,625,318 6,401,062 7,499,536 460,230__-393,711 41,669,142 43,201,071 18,384,195 20,930,522 6,103 8,170 18,390,298 20,347,682 60,059,440 63,548,763, 7.459.184 27,362,532 34,795,716 34,795,716 25,269,724 8,841,848 29,274,035, 38,115,683, 38,115,883 25,432,880, 163,724 25,432,880 25,263,724 _ 25,432,880 Poge 6of 17Church of Scientology Australia (A Company Limited by Guarantee) ‘ABN 25 154 052 274 ‘STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2012 Retainod Total Surpluses $ s Balance at 4 January 2011 ‘Comprehensive income Loss for the year atibutable to members of the entity (136,375) (136,375) ‘Other comprehensive income for the year : : Total comprehensive loss attributable to members of the entity (136,375) (136.375) Balance at 31 December 2014 25,432,880 25,432,880 ‘Comprehensive income Loss for the year attributable to members of the entity (169,158) (169,156) Other comprehensive income for the year oa Total comprehensive loss attributable to mombers of the entity (169,156) (169,156) Balance at 31 Decomber 2012 25,263,724 25,263,724 ‘The accompanying notes form part of these financial statements Page 7 of 17Church of Scientology Australia (A Company Limited by Guarantee) ABN 25 181 052 274 ‘STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2012 CASH FLOWS FROM OPERATING ACTIVITIES Receipts from parishioners, Receipts ftom afiated organisations Payments to suppliers and volunteers Interest received Refund of prior year GST Net cash generated from operating activities ‘CASH FLOWS FROM INVESTING ACTIVITIES Payment for property, plant and equipment Payment for intangible assets Payment to Melbourne Church on Incorporation Refund of rental bond Net cash used in investing activities CASH FLOWS FROM FINANCING ACTIVITIES Payments on finance contract Net cash used in financing activities Net increase’ (decrease) in cash hetd Gash atthe beginning ofthe financial year Cash at the end ofthe financial year ‘The accompanying notes form part of these financial statements. Note " 2012 2011 s $s 13,191,867 16,233,468 1.225.132 1,007,686 (15,072,722) (16,049,728) 1,599,114 1,389,959 1,303,808, 943,301 3,865,193, (991,957) (1,790,834) (440) (3,877) (972278) : 7.409 (1,364,672) (1,787,302) (32,328) (82,328) (82,328) (82,328) (453,608) 2,045,563 28,682,506 26,636,943 Poge 80f 17Church of Scientology Australia (A Company Limited by Guarantee) ABN 25 151 052 274 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2012 Note 4: Summary Of Significant Accounting Policios: ‘The directors have prepared the financial statements on the basis that the company is a non-reporting entity because there are no users who are dependent on its general purpose financial statements. These financial statements are therefore special purpose financial stalements that have been prepared in order ‘to meet the requirements of the Corporations Act 2001. The company is a not-for-profit entity for financial reporting purposes under Australian Accounting Standards. ‘The financial statements have been prepared in accordance with the mandatory Australian Accounting Standards applicable to entities reporting under the Corporations Act 2001 and the significant accounting policies disclosed below, which the directors have determined are appropriate to meet the needs of members. Such accounting policies are consistent with those of previous periods unless otherwise stated. The financial statements, except for the cash flow information, have been prepared on an accruals basis and are based on historical costs unless otherwise stated in the notes. Material accounting policies adopted in the preparation of these financial statements are presented below and have been consistently applied unless stated otherwise. The amounts presented in the financial statements have ‘been rounded to the nearest doilar. The financial statements were authorised for issue on 27 May 2014 by the directors of the company. Accounting Policies a Revenue Donations are recognised as revenue when received. Interest received is recognised when itis credited by the financi Revenue from the rendering of a service is recognised upon the delivery of the service to the parishioners. All revenue is stated net of the amount of goods and services tax (GST). b. Inventories on Hand stitution Inventories are measured at the lower of cost, current replacement cost or net realisable value. Property, Plant and Equipment Each class of property, plant and equipment is cartied at cost or fair value, less, where applicable, accumulated depreciation and any impairment losses. Plant and equipment Plant and equipment are measured on the cost bas's less depreciation and any impairment losses. ‘The carrying amount of plant and equipment is reviewed annually by directors to ensure i is not in excess of the recoverable amount from these assets. The recoverable amount is. assessed on the basis of the expected net cash flows that willbe received from the assets employment and subsequent disposal, The expected net cash flows have not been discounted to their present values in determining recoverable amounts. In the event the carrying amount of plant & equipment s greater than the recoverable amount, the carrying amount is written down immediately to the estimated recoverable amount Plant and equipment that have been contributed at no cost, or for nominal cost, are recognised at the fair value of the asset atthe date itis acquired, Depreciation ‘The depreciable amount ofall fixed assets including buildings and capitalised lease assets, but excluding freehold land, is depreciated on a straight-line basis over the asset's useful ite to the entity commencing from the time the asset is held ready for use. Leasehold Page 9017Note 1: Church of Scientology Australia (A Company Limited by Guarantee) ‘ABN 25 151 052.274 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2012 ‘Summary Of Significant Accounting Policies (Continued) improvements are depreciated over the shorter of ether the unexpired period of the lease or the estimated useful lives of the improvements, “The depreciation rates used for each class of depreciable assels are: Class of Fixed Asset Depreciation Rate Buildings 5% Leasehold improvements 5% Furniture & equipment 20% Computer software 20% Motor vehicles 20% ‘The assets’ residual values and useful lives are reviewed, and adjusted if appropriate, at the tend of each reporting period. ‘An asset's carrying amount is written down immediately to its recoverable amount if the asset's carrying amount is greater than its estimated recoverable amount. Gains and losses on disposals are determined by comparing proceeds with the carying ‘amount. These gains or losses are recognised immeciately in profit or loss. Impairment ‘At the end of each reporting period, the company assesses whether there is objective ‘evidence that a financial asset has been impaired. A financial asset or a group of financial assets is deemed to be impaired if, and only i, there is objective evidence of impairment as a result of one or more events (a “loss event") that hes occurred, which has an impact on the estimated future cash flows of the financial asset(s) Impairment of Assets Al the end of each reporting period, the entity reviews the carying values ofits tangible and intangible assets to determine whether there is any indication that those assets have been Impaired. if such an indication exists, the recoverable amount of the asset, being the higher of the asset’ fair value less costs to sell and value in use, is compared to the asset's carrying value. Any excess of the asset's carrying value over its recoverable amount is recognised immediately in profit or oss. Cash and Cash Equivalents ‘Cash and cash equivalents include cash on hand, deposits held at-call with banks and other ‘short-term highly liquid investments Goods and Services Tax (GST) Revenues, expenses and assets are recognised net of the amount of GST. Receivables and payables are stated inclusive of the amount of GST receivable or payable. ‘The net amount of GST recoverable from, or payable to, the ATO is included with ether receivables or payables in the statement of fnancial position. Cash flows are presented on a gross basis. The GST components of cash flows arising from investing or financing activities which are recoverable from, or payabie to, the ATO are Presented as operating cash flows. Income Tax No provision for income tax has been raised as the entily is exempt from income tax under Div 60 of the income Tax Assessment Act 1997. Page 10 of 17Church of Scientology Australia (A Company Limited by Guarantee) ABN 25 151 052 274 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2012 Note 1: Summary Of Significant Accounting Policies (continued) h. Accounts Payable and Other Payables Trade and other payables represent the liability outstanding at the end of the reporting period {for goods and services received by the company during or prior to the reporting period which remain unpaid, 4 Critical Accounting Estimates and Judgments ‘The directors evaluate estimates and judgments incorporated into the financial statements based on historical knowledge and best available current information, Estimates assume a reasonable expectation of future events and are based on current trends and economic data, ‘obtained both externally and within the company. Koy estimates a. Impairment ‘The company assesses impairment at the end of each reporting period by evaluating conditions and events speciic to the company that may be indicative of impaiment triggers. b. Inventories Donated inventories on hand at the end of the reparting period are recognised at replacement cost i Foreign Currencies Assets & Liabilties in foreign currencies have been translated into Australian dollars at the rate of exchange ruling at the balance sheet date, k Contributions received in advance Contributions received from parishioners in advance of services given are recognised as, current liabilities, until the service is commenced, Amounts payable to Affiliated Organisations ‘Amounts payable to affliated organisations are recognised as current liabilities. The amounts, payable are unsecured with no express terms as to repayment. m. Comparative Figures Where required by Accounting Standards, comparative figures have been adjusted to ‘conform with changes in presentation for the current financial year. Note 2: Net Current Year Surplus 2012 2011 $ $ a. Expenses Depreciation and amortisation: = plant and equipment 1.276.535 1,043,697 = Software 3,028 3214 ‘Total depreciation and amortisation expenses 1,279,563 1,040,911 b. Significant Revenue “The following significant revenue items are relevant in ‘explaining the financial performance: Spiritual counseling & religious training 8,729,241 10,536445 Sales of religious books & artefacts 1,907,464 1,549,451 Donations 2,033,996 2,343,252 Page 11 of 17Church of Scientology Australia (A Company Limited by Guarantee) ‘ABN 26 181 052 274 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2012 Note 2: Net Current Year Surplus (continued) Contributions from affliated organisations Interest received Canteen proceeds Exchange gains Note 3: Cash And Cash Equivalents: Current bank accounts Interest bearing deposits Cash on hand Note 4: Accounts Receivable And Other Debtors ‘CURRENT [Amounts dve from related church after restructure Afiated church suppliers paid in edvance Other debtors Note 5: Inventories On Hand CURRENT At cost: Stock At current replacement cost At net realsable value Note 6: Othor Current Assots. GST receivable Security deposits Deposits on fixed assets Prepayments 2012 2014 $ s 1,040,083 948,028 1,899,114 1,326,830 445,802 $56,064 107,488 17.054 415,863,188 17,277.124 10,374,189 8.904.446 17,854,708 19,660,833 + aa7 28,228,897 28,682,508 6,032,543 6,032,543 609,760 $32,198 36,650 6.878,953 6,625,318 6.401.062 7,358,256 = 141,280 6,401,062 7,499,536 66201 74,904 103436 163,711 455.155 49,604 135,440 105,492 460,230 393,711 Page 12 0f 17Church of Scientology Australia (A Company Limited by Guarantee) [ABN 25 151 052274 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2012 Noto 7: Property, Plant And Equipment LAND & BUILDINGS, Freehold Land ~ at cost Building - at cost Less accumulated amortisation Leasehold Building Improvements ~ at cost ‘Less accumulated depreciation Total Land & Buildings PLANT & EQUIPMENT Fumiture, Fittings & Equipment ~ al cost Less accumulated depreciation Motor Vehicles at cost Less accumulated depreciation Total Plant & Equipment Total Property, Plant & Equipment Note 8: Intangible Assets Computer software: Cost ‘Accumulated amortisation Note 9: Accounts Payable And Other Payables ‘CURRENT ‘Accounts payable Amounts payable to affliated organisations ‘Amounts payable to related church after restructure ‘Amounis payable on finance contracts Note 10: Contributions Received in Advance Contributions received from parishioners in advance 2012 2011 $ $ 3,015,269 3,015,269 16,307,288 16,090,698 (1,542,028) (737,490) 17,780,532 18,368,477 132,995 132,995, (119,580) (118,312) 13,415 14,683, 17,793,947 _ 18,383,160 5203114 6,778,524 (4,624,959) (4,848,761) 578.155 1,929,763 456,942 490.075 (444.849) (463,476) 12,093 26,599 590,248 1,956,362 18,384,195 20,339,522 29,502 (23,399) 6.103 376671 320,813, 5676342 8,474,900 4,382,870 : 17.301___-46,135 7,453,104 _ 8,847,848 27,342,532 29,274,035 27,342,532 29,274,035 Page 130f 17Church of Scientology Australia (A Company Limited by Guarantee) ABN 25 151 052.274 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2012 Note 11: Cash Flow Information 2012 2011 Reconciliation of cash flows from operations with loss after $s s Income tax: Loss afer income tax (169,166) (196,375) Non-cesh flows in profit: = depreciation and amortisation 1,279,563 1,040.91 = assets donated (827,875) ~ loss on disposal of assets = 260,910 — fixed assets financed from afitated organisations (78,982) Changes in assets and liabilties: = decrease in accounts receivable and other debtors 23,928 (22,099 increase in contributions received in advance 62,538 334,229 = (Inereasey/decrease in prepayments (15.949) 48,808 = decrease in inventories on hand 732,692 962,730 = increase/(decrease) in accounts payable and other payables 65,386 (81.182) = decrease in GST receivable 9.024 1,115,860 - (decreaseyiincrease in amounts due to affliated org's (639,279) __ 293.103 Cash flows (used iny/provided by operating activities. 943,301 3,865,193, Note 12: Incorporation Of Melbourne Church ‘The Melbourne church operated as a branch of Church of Scientology Australia until 30” September 2012 and was then incorporated as a separate entity named Church of Scientology Melboume Inc. All assets and liabilies assigned to the Melbourne branch, except for the building at 231-251 Mt Alexander Road, ‘Ascot Vale, Victoria were transferred to Church of Scientology Melbourne Inc. Note 13: Contingent Liabilities ‘The company isin dispute with a building contractor that was engaged in the building renovations to its Melbourne building, The amount claimed by the contractor is $2,080,000, but the dispute is under arbitration. Note 14: Entity Details The registered office of the company is: Church of Scientology Australia 20 Dorahy Street Dundas NSW 2117 ‘The principal place of business is: ‘Church of Scientology Australia 20 Dorahy Street Dundas NSW 2117 Page 14 of 17Church of Scientology Australia (A Company Limited by Guarantee) ABN 25 151 052 274 DIRECTORS’ DECLARATION In accordance with a resolution of the directors of Church of Scientology Australia, the directors deciare that 1, The financial statements and notes, as set out on pages 5 to 14, are in accordance with the Corporations Act 2001 and: @. comply with the Accounting Standards applicable to the company; and b. give a true and fair view of the financial position as at 31 December 2012 and its performance for the year ended on that date in accordance with the accounting policies described in Note 1 of the financial statements 2. Inthe directors’ opinion there are reasonable grounds to believe thal the company will be able to pay its debts 2s and when they become due and payable. This declaration is made in accordance with a resolution of the Board of Directors. Vieki Dunstan (Chair) Dated this 27” day of May 2014 Page 15 of 17Church of Scientology Australia (A Company Limited by Guarantee) ABN 25 151 052 274 INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ‘CHURCH OF SCIENTOLOGY AUSTRALIA We have audited the accompanying financial repor. being a special purpose financial report, of Church of Scientology Australia (the company), which comprises the statement of financial position as at 31 December 2012, the stalement of profit or loss and other comprehensive income, statement of changes in equity and statement of cash flows for the year then ended, notes comprising a summary of significant accounting policies and other explanatory information, and the directors’ declaration, Directors’ Responsibility for the Financial Report “The directors of the company are responsible for the preparation ofthe financial report that gives a true and fair view and have determined that the basis of preparation described in Note 1 to the financial report is appropriate to meet the requirements of the Corporations Act 2001 and is appropriate to meet the needs of the members. The directors’ responsbbilty also includes such internal control as the directors determine is necessary to enable the preparation ofa financial report that gives a true and fair view and is free from material misstatement, whether due to fraud or erro. Auditors Responsibility ‘Our responsibiliy is to express an opinion on the financial report based on our audit. We have conducied ‘our audit in accordance with Australian Auditing Standards. Those standards require that we comply with ‘elevant ethical requirements relating to audit engagements and plan and perform the audit to obtain ‘reasonable assurance whether the financial report i free from material misstatement. ‘An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial report. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement ofthe financial report, whether due to fraud or error. In making those Fisk assessments, the auditor considers intemal control relevant to the company’s preparation of the financial report that gives a true and fair view in order to design audit procedures thal are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control, An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the directors, as well as evaluating the overall presentation of the financial report We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for ‘our audit opinion. Independence In conducting our auait, we have complied with the independence requirements of the Corporations Act 2001. We confirm that the independence declaration required by the Corporations Act 2001, which has. been given to the directors of Church of Scientology Australia, would be in the same terms if given to the directors as atthe time of the auditor's report Opinion In our opinion the financial report of Church of Scientology Australia is in accordance with the Corporations Act 2001, inciuding: ‘a. giving a true and fair view of the company's financial postion as at 31 December 2012 and of its performance for the year ended on that date; and . complying with Australian Accounting Standards to the extent described in Note 1 and complying with the Corporations Act 2001. Page 16 of 17Church of Scientology Australia (A Company Limited by Guarantee) ABN 25 151 052 274 INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CHURCH OF SCIENTOLOGY AUSTRALIA Basis of Accounting Without modifying our opinion, we draw attention to Note 1 to the financial report, which describes the basis of accounting. The financial report has been prepared for the purpose of fulfiling the directors’ financial reporting responsibilities under the Corporations Act 2001. As result the financial report may not be suitable for another purpose. Name of auditor: Gaetano Antonio Cammarata Auditor's Registration No: 14049 Name of fm: Prudential Partners Chartered Accountants Address: Level 4, 47 York Street, Sydney NSW 2000 Date: 27” May 2014 Page 17 of 17