Consolidated Statement of Comprehensive Income
For the year ended 30 June 2020
Budget | Actual | Restated1 | Previously reported | ||
Note | 2020 | 2020 | 2019 | 2019 | |
$'000 | $'000 | $'000 | $'000 | ||
NET COST OF SERVICES | |||||
Expenses | |||||
Employee | 158,240 | 160,737 | 155,919 | 155,919 | |
Supplier | 140,018 | 98,649 | 103,872 | 103,872 | |
Depreciation/amortisation | 85,189 | 81,593 | 77,545 | 77,545 | |
Impairment losses | - | 32,719 | 147,314 | 147,314 | |
Decommissioning provision losses | - | - | 301,608 | 129,908 | |
Nuclear waste management expenses | - | 2,997 | - | - | |
Write-down of stock and fixed assets | - | 12 | 739 | 739 | |
Grant expenses | 2,767 | 2,853 | 4,331 | 4,331 | |
Finance costs | 21,680 | 14,061 | 24,230 | 19,609 | |
Foreign currency exchange losses | - | 244 | 5,188 | 5,188 | |
Total expenses | 407,894 | 393,865 | 820,746 | 644,425 | |
Own-source revenue | |||||
Sales of goods and rendering of services | 101,925 | 65,902 | 102,676 | 102,676 | |
Interest | 2,500 | 2,188 | 3,221 | 3,221 | |
Grant income | 30,441 | 18,895 | 16,005 | 16,005 | |
Total own-source revenue | 134,866 | 86,985 | 121,902 | 121,902 | |
Other income | |||||
Decommissioning provision gains | - | 146,114 | - | - | |
Foreign currency exchange gains | - | 3,085 | 498 | 498 | |
Gains from asset sales | - | 222 | 313 | 313 | |
Other revenues | - | - | 6 | 6 | |
Total other income | - | 149,421 | 817 | 817 | |
Total own-source income | 134,866 | 236,406 | 122,719 | 122,719 | |
Net cost of services | (273,028) | (157,459) | (698,027) | (521,706) | |
Revenue from Government | 235,018 | 281,909 | 214,072 | 214,072 | |
Surplus/(deficit) for the year before income tax | (38,010) | 124,450 | (483,955) | (307,634) | |
Income tax expense | - | (235) | (134) | (134) | |
Surplus/(deficit) for the year after income tax | (38,010) | 124,215 | (484,089) | (307,768) | |
Other comprehensive income | |||||
Items that will not be subsequently reclassified to net cost of services | |||||
Changes in asset revaluation reserve | - | (2,655) | (53,808) | (53,808) | |
Items that may be subsequently reclassified to net cost of services | |||||
Exchange differences on translation of foreign operations | - | - | 2 | 2 | |
Total other comprehensive expense for the year | - | (2,655) | (53,806) | (53,806) | |
Total comprehensive surplus/(deficit) for the year | (38,010) | 121,560 | (537,895) | (361,574) |
- Refer to the Overview.
The above statement should be read in conjunction with the accompanying notes.
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https://www.transparency.gov.au/annual-reports/australian-nuclear-science-and-technology-organisation/reporting-year/2019-20-43