8. Other expenses from ordinary activities
9. User charges and fees
10. Land rationalisation lease revenue
11. Operating lease revenue
12. Grants and subsidies
13. Net gain/(loss) on disposal of non-current assets
14. Other revenues from ordinary activities

8. Other expenses from ordinary activities   top of page

9. User charges and fees   top of page

10. Land rationalisation lease revenue   top of page

A 99-year operating lease for 118 grain receival sites was entered into with Co-operative Bulk Handling (CBH) in 2003. Rental income for 99 years of $7.45 million was received in full at the commencement of the lease, and is accounted for as revenue over the 99-year lease period, with the prepaid portion shown as deferred income (see Note 26).

A further 99-year operating lease for 15 grain receival sites was entered into with CBH in 2004. Rental income for 99 years of $852,500 was received in full at the commencement of the lease, and is accounted for as revenue over the 99-year lease period, with the prepaid portion shown as deferred income (see Note 26).

11. Operating lease revenue   top of page

12. Grants and subsidies   top of page

13. Net gain/(loss) on disposal of non-current assets   top of page

14. Other revenue from ordinary activites   top of page

Home > Notes to the Financial Statements for the year ended 30 June 2004 > 8. Other expenses from ordinary activities, 9. User charges and fees, 10. Land rationalisation lease revenue, 11. Operating lease revenue, 12. Grants and subsidies, 13. Net gain/(loss) on disposal of non-current assets and 14. Other revenues from ordinary   top of page

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