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7. Other Income and Expense Items

ASC PTY LTD
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS —CONTINUED
For the year ended 30 June 2019

Items included in profit before tax

June 2019 $'000

June 2018 $'000

Depreciation

Buildings

166

78

Plant and equipment

13,886

8,492

14,052

8,570

Amortisation

Contribution to Henderson Common User Facility

244

244

Total depreciation and amortisation

14,296

8,814

Finance costs

Bank charges

305

343

Interest expense

546

802

851

1,145

Operating lease rental expense

Minimum lease payments

33,321

32,328

Employee related expenses

Long service leave expense

2,456

4,315

Redundancy expense

945

467

Defined benefit superannuation expense

(389)

(182)

Wages and salaries

176,941

302,989

179,953

307,589

(Release) recognition on AWD project

(11,567)

(2,205)

Revaluation of assets

-

(107)

Bad debt expense (reversal)

877

(1,588)