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Australian Securities and Investments Commission Annual Report 2019-20

Statement of Comprehensive Income

FOR THE YEAR ENDED 30 JUNE 2020

	Notes	2020 $’000	2019 $’000
NET COST OF SERVICES
Expenses
Employee benefits	1.1A	275,356	227,035
Suppliers	1.1B	149,288	157,468
Depreciation and amortisation	3.2	63,481	46,122
Finance costs	1.1C	1,397	224
Impairment loss on financial instruments	7.2B	40	589
Write-down and impairment of other assets	1.1D	2	205
Total expenses		489,564	431,643

LESS:
Own-source revenue
Sale of goods and rendering of services		1,703	3,282
Operating sublease rent and property recoveries		1,454	2,460
Other revenue	1.2A	14,903	5,701
Total own-source revenue		18,060	11,443

Gains
Reversal of write-downs and impairment	3.1B	57	510
Total gains		57	510

Net Cost of Services		471,447	419,690

Total revenue from Government	1.2B	403,261	374,313
Surplus/(Deficit)		(68,186)	(45,377)

OTHER COMPREHENSIVE INCOME
Items not subject to subsequent reclassification to net cost of services
Changes in asset revaluation reserve		–	5,363
Total comprehensive income/(loss)		(68,186)	(40,014)

The above statement should be read in conjunction with the accompanying notes.

https://www.transparency.gov.au/annual-reports/australian-securities-and-investments-commission/reporting-year/2019-20-28