7. Other Income and Expense Items
Items included in profit before tax
June | June | |
Depreciation | ||
Plant and equipment | 11,348 | 14,052 |
Amortisation | ||
Contribution to Henderson Common User Facility | 244 | 244 |
Total depreciation and amortisation | 11,592 | 14,296 |
Finance costs | ||
Bank charges | 470 | 305 |
Interest related parties | 92 | 546 |
562 | 851 | |
Employee related expenses | ||
Long service leave expense | 4,775 | 2,456 |
Redundancy expense | 1,280 | 945 |
Defined benefit superannuation expense | -85 | -389 |
Wages and salaries | 191,687 | 176,941 |
197,657 | 179,953 | |
Release on AWD project | -7,149 | -11,567 |
Loss on OPV contract | 10,731 | - |
Bad debt expense | 976 | 877 |
Lease related expenses | ||
Depreciation charge for right-of-use asset by type: | ||
-Land | 1,854 | - |
-Buildings | 12,869 | - |
-Plant and equipment | 664 | - |
15,387 | - | |
Interest expense - lease | 5,415 | - |
Short term and low value leases, not recognised as a liability under AASB 16 | 7,024 | - |
Operating leases under AASB 117 | - | 33,321 |
12,439 | 33,321 | |
27,826 | 33,321 | |
The total cash outflow of leases accounted for under AASB 16 was $25.4 million.
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https://www.transparency.gov.au/annual-reports/asc-pty-ltd/reporting-year/2019-20-22