Statement of Comprehensive Income

	Note	2011 $000	2010 $000

COST OF SERVICES
Expenses
Employee benefits expense	6	125,936	120,158
Supplies and services	7	187,487	192,130
Depreciation and amortisation expense	8	242,957	159,026
Finance costs	9	66,318	57,749
Grants and subsidies	10	345,647	326,098
Energy and fuel		18,385	15,269
Land rationalisation expense		705	781
Loss on disposal of non-current assets	18	101	152
Other expenses	11	16,168	12,492
Total cost of services		1,003,704	883,855

Income
Revenue
User charges and fees	12	167,759	152,026
Land rationalisation lease revenue	13	83	83
Operating lease revenue	14	5,383	5,383
Commonwealth grants and contributions	15	440	416
Interest revenue	16	2,042	977
Other revenue	17	55,593	40,051
Total revenue		231,300	198,936
Total income other than income from State Government		231,300	198,936

NET COST OF SERVICES		772,404	684,919

INCOME FROM STATE GOVERNMENT	19
Service appropriation		731,186	695,997
Resources received free of charge		361	1,197
Royalties for Regions Fund		1,900	0
Contribution - other government agencies		992	4,380
Total income from State Government		734,439	701,574
(DEFICIT)/SURPLUS FOR THE PERIOD		(37,965)	16,655

OTHER COMPREHENSIVE INCOME
Changes in asset revaluation surplus	33	6,542	1,131,656
Total other comprehensive income		6,542	1,131,656
TOTAL COMPREHENSIVE INCOME FOR THE PERIOD		(31,423)	1,148,311

Refer to note 42 ‘Schedule of income and expense by service’.

The Statement of Comprehensive Income should be read in conjunction with the accompanying notes.