NOTES

2007

2006

$000

$000

COST OF SERVICES

 

 

 

Expenses

 

 

 

Employee benefit expense

6

79,736

68,874

Supplies and services

7

131,710

98,828

Depreciation and amortisation expense

8

85,546

92,477

Finance costs

9

62,734

100,047

Grants and subsidies

10

249,176

243,341

Capital user charge

11

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

19

1,031

83

Other expenses

12

9,113

10,933

Total cost of services

 

762,761

693,986

 

 

 

 

Income

 

 

 

Revenue

 

 

 

User charges and fees

13

105,029

98,727

Land rationalisation lease revenue

14

83

83

Operating lease revenue

15

5,383

5,383

Commonwealth grants and contributions

16

0

210

Interest revenue

17

2,341

1,084

Other revenue

18

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

20

649,238

559,824

Resources received free of charge

20

2,056

41

Contribution - Other Government Agencies

20

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.