Go to top of page

Central Land Council Annual Report 2019-20

Statement of comprehensive income

For the period ended 30 June 2020

	NOTES	2020 $’000	2019 $’000
NET COST OF SERVICES EXPENSES
Employees and council members benefits	3(a)	27,304	25,961
Suppliers	3(b)	16,014	15,328
Finance costs	3(c)	7	–
Depreciation and amortisation	7(a)	2,821	2,776
Total expenses		46,146	44,065
OWN-SOURCE INCOME Own-source revenue
Revenue from contracts with customers	4(a)	4,592	3,924
Interest	4(b)	312	486
Rental Income	4(c)	60	86
Other revenue	4(d)	3,515	3,378
Total own-source revenue		8,479	7,874
Gains
Gains from sale of assets	4(e)	387	395
Increase in fair value of investment property		–	13
Total gains		387	408
Total own-source income		8,866	8,282
Net cost of services		37,280	35,783
Revenue from government	4(f)	43,563	35,349
Surplus/(Deficit) on continuing operations		6,283	(434)
OTHER COMPREHENSIVE INCOME Items not subject to subsequent reclassification to net cost of services
Changes in asset revaluation surplus	7(a)	–	937
Total other comprehensive income		–	937
Total comprehensive income / (loss)		6,283	503

https://www.transparency.gov.au/annual-reports/central-land-council/reporting-year/2019-20-51