Statement of Comprehensive Income
for the period ended 30 June 2021
2021 | 2020 | Original Budget1 | ||
Notes | $'000 | $'000 | $'000 | |
NET COST OF SERVICES | ||||
Expenses | ||||
Employee benefits | 1.1A | 13,976 | 13,257 | 15,446 |
Suppliers² | 1.1B | 13,430 | 13,941 | 12,190 |
Depreciation and amortisation | 2.2A | 1,420 | 1,468 | 1,292 |
Grants | 1.1C | 1,167 | - | 4,100 |
Finance costs | 1.1D | 20 | 8 | 20 |
Write-down and impairment of assets² | 1.1E | 26 | 116 | - |
Total Expenses | 30,039 | 28,790 | 33,048 | |
Own-source income | ||||
Own-source revenue | ||||
Revenue from contracts with customers | 1.2A | 6,694 | 5,837 | 4,626 |
Interest | 204 | 435 | 470 | |
Grants | 1.2B | 2,611 | 1,381 | - |
Other revenue³ | 1.2C | 304 | 117 | 8,515 |
Total own-source revenue | 9,813 | 7,770 | 13,611 | |
Gains | ||||
Other gains³ | 1.2D | 332 | 260 | - |
Total gains | 332 | 260 | - | |
Total own-source income | 10,145 | 8,030 | 13,611 | |
Net cost of services | 19,894 | 20,760 | 19,437 | |
Revenue from Government | 1.2E | 19,437 | 20,371 | 19,437 |
Deficit on continuing operations | (457) | (389) | - | |
OTHER COMPREHENSIVE INCOME | ||||
Items not subject to subsequent reclassification to net cost of services | ||||
Changes to asset revaluation surplus | 844 | 102 | - | |
Total comprehensive surplus/(deficit) | 387 | (287) | - | |
The above statement should be read in conjunction with the accompanying notes.
1 Budget reported in Portfolio Budget Statements 2020-21.
2 Reclassification of $0.01 million in 2019-20 from suppliers to write-down and impairment of other assets.
3 Reclassification of $0.26 million in 2019-20 from other revenue to other gains.
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