Statement of comprehensive income for the year ended 30 June 2019
|
Note |
2019 $'000 |
2018 $'000 |
|
|
Expenses |
|||
|
Employee benefits |
1.1 (a) |
7,445 |
5,929 |
|
Net realised losses on sale of investments |
68 |
0 |
|
|
Professional services |
2,499 |
2,650 |
|
|
Directors’ remuneration and expenses |
1.1 (b) |
174 |
149 |
|
Depreciation and amortisation |
3.1 |
312 |
250 |
|
Operating leases |
1.1 (c) |
518 |
431 |
|
Losses from non-financial asset sales |
651 |
0 |
|
|
Other expenses |
1.1 (d) |
2,507 |
2,082 |
|
Increase in provision for reimbursements |
5.1 |
350,065 |
195,222 |
|
Total expenses |
364,239 |
206,713 |
|
|
Own-source revenue |
|||
|
Investment revenue |
1.2 (a) |
127,230 |
130,292 |
|
Other revenue |
3 |
1 |
|
|
Total own-source revenue |
127,233 |
130,293 |
|
|
Net (cost of) services |
(237,006) |
(76,420) |
|
|
Revenue from government |
1.2 (b) |
134,531 |
149,081 |
|
Surplus/(deficit) on continuing operations |
(102,475) |
72,661 |
|
|
Other comprehensive income |
0 |
0 |
|
|
Total comprehensive income/(loss) |
(102,475) |
72,661 |
|
The above statement should be read in conjunction with the accompanying notes.
Visit
https://www.transparency.gov.au/annual-reports/coal-mining-industry-long-service-leave-funding-corporation/reporting-year/2018-2019-31