Walgett Aboriginal Medical Service Limited ANNUAL REPORT 2024/2025 30 Funded by: Federal Dept of Social Services – National Indigenous Australians Agency NSW Health – Rural Doctors Network – Western NSW Primary Health Network Celebrating over 39 years of Service since 1986 FINANCE AND ADMINISTRATION REPORT JULY 2024 TO JUNE 2025 Introduction The Finance and Administration Department has two primary functions: o Financial Management This includes maintaining accurate financial records, managing payroll, preparing accounts for audit, and providing financial reporting to funding bodies. The department also ensures compliance with the ATO, NSW Treasury, and other statutory requirements. o Administrative Support The team provides comprehensive administrative support across WAMS. This includes coordinating accommodation and travel bookings for visiting specialists and staff, managing external contractors, procurement, insurance schedules, asset registers, safety and fire safety schedules, and other essential records. Overview WAMS concluded the 2024/25 financial year with total revenue of $14.95 million, comprising $13.45 million in grant revenue and $1.49 million in Medicare fees. The organisation recorded a surplus of $261,099 for the year. Property, plant and equipment additions totalled $3.98 million, with a further $60,250 invested in intangible assets. At 30 June 2025, WAMS held net assets of $22.71 million and cash and cash equivalents of $14.20 million. Operational activity during the year continued to focus on supporting frontline service delivery, maintaining facilities and accommodation, strengthening workforce capability, and improving the systems and infrastructure used across WAMS and BAMS. We acknowledge the ongoing support and funding from the following organisations: • Australian Government Department of Social Services • National Indigenous Australians Agency • NSW Ministry of Health • Western Local Health District • NSW Rural Doctors Network • Western NSW Primary Health Network Additionally, we acknowledge the opportunistic grant funding that we have been successful in achieving for repairs and maintenance, infrastructure development and various health programs. WAMS operations Across Walgett, the organisation continued to support a broad range of health and community programs while maintaining the corporate and administrative functions that underpin service delivery across WAMS and BAMS. Ongoing investment was directed towards maintaining medical and accommodation facilities, repairs and improvements to buildings and equipment, security, information technology and other essential infrastructure. These activities remain important to ensuring facilities are safe, reliable and suitable for staff, visiting specialists and the community.
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