19 Income from State Government
|
2009 |
2008 |
|
|---|---|---|
|
Appropriation received during the year: |
||
|
Service appropriations (i) |
647,706 |
595,799 |
|
Resources received free of charge (ii) |
||
|
Landgate |
710 |
2,041 |
|
Contribution - Other Government Agencies |
||
|
Department for Planning and Infrastructure - Funding for CAT bus replacement and new CAT depot |
992 |
992 |
|
Heritage Council of WA - Grant for refurbishment of Boulder subway |
15 |
85 |
|
1,007 |
1,077 |
|
|
649,423 |
598,917 |
|
(i) Service appropriations are accrual amounts reflecting the net 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 cost, the PTA recognises revenues equivalent to the fair value of the assets and/or the fair value of those services that can be reliably measured and which would have been purchased if not donated, and those fair values shall be recognised as assets or expenses, as applicable. The exception occurs where the contribution of assets or services are in the nature of contributions by owners, in which case the PTA makes the adjustment direct to equity.