Statement of Comprehensive Income
|
Actuals |
Budget |
||||
|
30 June |
30 June |
30 June |
|||
|
2019 |
2018 |
2019 |
|||
|
Note ref |
$'000 |
$'000 |
$'000 |
||
|
NET COST OF SERVICES |
|||||
|
Expenses |
|||||
|
Employee benefits |
164,745 |
168,477 |
162,753 |
||
|
Supplier expenses |
|||||
|
Consultants and contractors |
44,995 |
47,647 |
54,902 |
||
|
Domestic property portfolio expenses |
30,048 |
31,138 |
45,470 |
||
|
Communication and information technology |
52,158 |
49,072 |
44,785 |
||
|
Other goods and services |
24,080 |
23,365 |
20,788 |
||
|
Operating lease rentals |
13,014 |
13,730 |
12,781 |
||
|
Insurance claims |
180,191 |
97,246 |
138,016 |
||
|
Competitive neutrality |
3,216 |
3,638 |
2,662 |
||
|
Notional reinsurance expense |
5,000 |
5,000 |
5,000 |
||
|
Depreciation and amortisation |
45,602 |
44,266 |
33,979 |
||
|
Non-financial asset write-downs and impairments |
1,720 |
2,129 |
26,469 |
||
|
Impairment of financial assets |
31 |
66 |
- |
||
|
Other expenses |
5,127 |
1,120 |
- |
||
|
Total expenses |
569,927 |
486,894 |
547,605 |
||
|
Own-source income |
|||||
|
Own-source revenue |
|||||
|
Premium revenue |
128,452 |
138,344 |
144,364 |
||
|
Reinsurance and other recoveries revenue |
1,142 |
299 |
- |
||
|
Rental income |
79,301 |
75,279 |
73,221 |
||
|
Resources received free of charge |
1,355 |
1,442 |
1,385 |
||
|
Rendering of services |
73,472 |
77,757 |
76,940 |
||
|
Interest revenue |
- |
3 |
- |
||
|
Other revenue |
126 |
64 |
- |
||
|
Total own-source revenue |
283,848 |
293,188 |
295,910 |
||
|
Gains |
|||||
|
Gains |
47,674 |
60,202 |
30,401 |
||
|
Total gains |
47,674 |
60,202 |
30,401 |
||
|
Total own-source income |
331,522 |
353,390 |
326,311 |
||
|
Net cost of services |
(238,405) |
(133,504) |
(221,294) |
||
|
Revenue from Government |
258,962 |
262,577 |
257,670 |
||
|
Surplus before income tax on continuing operations |
20,557 |
129,073 |
36,376 |
||
|
Income tax equivalent |
4,086 |
2,152 |
2,797 |
||
|
Surplus after income tax on continuing operations |
16,471 |
126,921 |
33,579 |
||
|
OTHER COMPREHENSIVE INCOME |
|||||
|
Items not subject to subsequent reclassification to net cost of services |
|||||
|
Changes in asset revaluation reserves relating to |
|||||
|
Land, building and leasehold improvements |
162,345 |
38,758 |
- |
||
|
Total comprehensive income |
178,816 |
165,679 |
33,579 |
||
Visit
https://www.transparency.gov.au/annual-reports/department-finance/reporting-year/2018-2019-53