NOTES |
2007 |
2006 |
|
$000 |
$000 |
||
COST OF SERVICES |
|
|
|
Expenses |
|
|
|
Employee benefit expense |
79,736 |
68,874 |
|
Supplies and services |
131,710 |
98,828 |
|
Depreciation and amortisation expense |
85,546 |
92,477 |
|
Finance costs |
62,734 |
100,047 |
|
Grants and subsidies |
249,176 |
243,341 |
|
Capital user charge |
130,340 |
65,052 |
|
Energy and fuel |
|
8,883 |
8,128 |
Land rationalisation expense |
|
4,492 |
6,223 |
Loss on disposal of non-current assets |
1,031 |
83 |
|
Other expenses |
9,113 |
10,933 |
|
Total cost of services |
|
762,761 |
693,986 |
|
|
|
|
Income |
|
|
|
Revenue |
|
|
|
User charges and fees |
105,029 |
98,727 |
|
Land rationalisation lease revenue |
83 |
83 |
|
Operating lease revenue |
5,383 |
5,383 |
|
Commonwealth grants and contributions |
0 |
210 |
|
Interest revenue |
2,341 |
1,084 |
|
Other revenue |
21,999 |
21,613 |
|
Total revenue |
|
134,835 |
127,100 |
|
|
|
|
Total income other than income from State Government |
|
134,835 |
127,100 |
|
|
|
|
NET COST OF SERVICES |
|
627,926 |
566,886 |
|
|
|
|
INCOME FROM STATE GOVERNMENT |
|
|
|
Service appropriation |
649,238 |
559,824 |
|
Resources received free of charge |
2,056 |
41 |
|
Contribution - Other Government Agencies |
17,594 |
7,592 |
|
Total income from State Government |
|
668,888 |
567,457 |
|
|
|
|
SURPLUS/(DEFICIT) FOR THE PERIOD |
|
40,962 |
571 |
The Income Statement should be read in conjunction with the accompanying notes.