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Finance costs
2014 $000 |
2013 $000 |
|
---|---|---|
Interest expense on Western Australian Treasury Corporation (WATC) loans | 76,673 | 69,761 |
Interest expense on Commonwealth loans | 108 | 116 |
Finance costs expensed | 76,781 | 69,877 |
Australian Accounting Standards
The PTA’s vision is to increase the use of public transport through the provision of customer-focussed, safe and cost-effective passenger transport services... Continue reading
Summary of significant accounting policies
The Public Transport Authority of Western Australia's (PTA) financial statements for the year ended 30 June 2014 have been prepared in accordance with Australian Accounting Standards...
Judgements made by management in applying accounting policies
The preparation of financial statements requires management to make judgements about the application of accounting...