Sheet 1: Fee Calculator

	
	
	
	

		
National Membership Fee Calculator
		
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Definition/Description
	
	

		


		


		


	
	

		
GROSS REVENUE
		


		
Total revenue of the organisation as per 2019/20 audited financial statements. (This is NOT the profit for the year but TOTAL REVENUE)
	
	

		


		


		


	
	

		
EXCLUSIONS
		


		


	
	

		
Fundraising income
		
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Bequests, donations, fundraising events, opportunity shops, raffles etc.
	
	

		
Interest income
		
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Interest from all sources excluding interest charged to residents on outstanding bonds, RADs and ILU entry contributions
	
	

		
Investment income
		
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Dividends, distributions from shares, managed funds and other investments and any profits on the disposal of investments
	
	

		
Fair value gains
		
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Fair value gains on investment properties, shares or other assets where fair value adjustments are brought to account in the income statement. Includes fair value adjustments on ILUs if they are treated as investment properties.
	
	

		
Rentals and other investment property income
		
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Income from investment properties EXCEPT income received from residents of ILUs that might be classified as investment properties
	
	

		
Insurance recoveries
		
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All insurance recoveries EXCEPT for workcover recoveries relating to aged care, retirement living and community care business streams
	
	

		
Capital grants
		
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Any capital grant from any source
	
	

		
Non-aged care and retirement living income
		
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Revenue from business segments NOT related to residential aged care. Do not include in this area any revenue related to residential care, community care, CHSP, independent living, retirement villages or assisted living. 
	
	

		
Other excluded income
		


		
Other sources of revenue that members consider should be excluded (member to provide a description of income)
	
	

		
TOTAL EXCLUSIONS
		
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NET REVENUE USED FOR CALCUALTING MEBERSHIP FEE
		
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Please enter current fee paid
		


		
Only relevant to current members
	
	

		


		


		


	
	

		
Proposed fee 2020/21
		
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