b'S TAT E M E N T O F I N C O M E A N D E X P E N D I T U R E F O R T H E Y E A R E N D E D 31D E C E M B E R 2021 2021 2020Loans by Entity Type ($1,143m) Loans by Ministry ($1,143m)Restated$000 $000Interest revenue 42,466 48,148Interest expense (15,412) (24,571)Net interest revenue 27,054 23,577Non-interest revenue/(expense) (1,166) 54Other expenses (5,965) (4,837)Operating surplus before contribution 19,923 18,794Contribution to Brisbane Archdiocese (15,000) (15,000)PJPs 45%Education 49%Operating surplus 4,923 3,794Parishes 9%Aged Care 12%Total equity at the beginning of the year 109,375 105,578Other Diocese 5%Healthcare 9%Total equity at the end of the year 114,298 109,375Archdiocesan 30%Other 30% Other Catholic Entities 11%Loans as at 31 December 20211150Key Financial Indicators - Loans1050 Year end balances of $1,143m compared to $1,097m at 2020950 Increase of 4.2% compared to increase of 14.6% in 2020850 Repayments of $310.4m compared to $225.8m in 2020750 Loans advanced - $352.5m compared to $365.6m in 2020 Loans approved - $337.8m compared to $429.2m in 2020 650 2016 2017 2018 2019 2020 2021A R C H D I O C E S A N D E V E L O P M E N T F U N D 6'