20 Income from State Government

2007

2006

$000

$000

Appropriation received during the year:

 

 

Service appropriations (i)

649,238

559,824

 

 

 

Resources received free of charge (ii)

 

 

Landgate

2,048

41

Department of Housing and Works

8

0

 

2,056

41

Contribution - Other Government Agencies

 

 

Department for Planning and Infrastructure:

 

 

   Funding for CAT bus replacement and new CAT depot

992

7,592

   Grant for the North Greenbushes project

13,150

0

Main Roads WA - New MetroRail additional bridge and road works

3,452

0

 

17,594

7,592

 

668,888

567,457

(i) Service appropriations are accrual amounts reflecting the full cost of services delivered. The appropriation revenue comprises a cash component and a receivable (asset). The receivable (holding account) comprises the depreciation expense for the year and any agreed increase in leave liability during the year.

(ii) Where assets or services have been received free of charge or for nominal consideration, the PTA recognises revenues (except where the contribution of assets or services is in the nature of contributions by owners, in which case the PTA shall make a direct adjustment to equity) equivalent to the fair value of the assets and/or the fair value of those services that can be reliably determined and which would have been purchased if not donated, and those fair values shall be recognised as assets or expenses, as applicable.