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Statement of comprehensive income

STATEMENT OF COMPREHENSIVE INCOME For the period ended 30 June 2020

2020

2019

2020
Original
Budget

Notes

$’000

$’000

$’000

NET COST OF SERVICES

EXPENSES

Employee benefits

1.1A

134,533

125,655

133,496

Suppliers

1.1B

46,730

51,440

58,825

Depreciation and amortisation

2.2A

18,929

9,731

13,549

Finance costs

1.1C

275

14

0

Write-down and impairment of assets

2.2A

103

180

0

Losses from asset sales

135

0

0

TOTAL EXPENSES

200,705

187,020

205,870

LESS:

OWN-SOURCE INCOME

Own-source revenue

Revenue from contracts with customers

1.2A

12,847

14,052

23,166

Interest

1.2B

994

1,834

1,600

Other income

1.2C

172

938

1,000

Total own-source revenue

14,013

16,824

25,766

Gains

Other gains

39

377

0

Total gains

39

377

0

TOTAL OWN-SOURCE INCOME

14,052

17,201

25,766

NET COST OF SERVICES

-186,653

-169,819

180,104

Revenue from government

1.3A

72,974

44,136

46,172

Aviation fuel excise

1.3A

101,280

122,209

130,500

SURPLUS/(DEFICIT) ON CONTINUING OPERATIONS

-12.399

-3.474

-3.432

OTHER COMPREHENSIVE INCOME

Items not subject to subsequent reclassification to net cost of services

Asset revaluation decrement

2.2A&
2.5B

-104

-538

0

TOTAL OTHER COMPREHENSIVE INCOME

-104

-538

0

TOTAL COMPREHENSIVE INCOME/ (LOSS)

-12,503

-4,012

-3,432

The above statement should be read in conjunction with the accompanying notes, including explanation of major variances from budget at note 7.

Original budget figures are those published in CASA’s 2019-20 Portfolio Budget Statements.