Go to top of page

STATEMENT OF COMPREHENSIVE INCOME

for the period ended 30 June 2020

STATEMENT OF COMPREHENSIVE INCOME

DITCRD¹

DoCA²

2020

2019

2019

Notes

$'000

$'000

$'000

NET COST OF SERVICES

Expenses

Employee benefits

1.1A

205,780

123,047

73,068

Suppliers

1.1B

121,191

101,146

38,753

Grants and contributions

1.1C

46,452

2,071

3,174

Depreciation and amortisation

3.2A

34,473

6,843

5,227

Finance costs

1.1D

1,502

1

3

Impairment loss on financial instruments

1.1E

411

-

7

Write-down and impairment of other assets

1.1F

1,376

162

-

Losses from asset sales

-

-

129

Other expenses

-

-

26

Total expenses

411,185

233,270

120,387

Own-Source income

Own-source revenue

Revenue from contracts with customers

1.2A

4,771

5,990

330

Rental income

1.2B

6,879

-

5,286

Other revenue

1.2C

2,644

1,055

1,797

Total own-source revenue

14,294

7,045

7,413

Gains

Other gains

1.2D

1,298

490

-

Total gains

1,298

490

-

Total own-source income

15,592

7,535

7,413

Net cost of services

395,593

225,735

112,974

Revenue from government

1.2E

364,610

210,029

107,763

Surplus/(Deficit) on continuing operations

(30,983)

(15,706)

(5,211)

OTHER COMPREHENSIVE INCOME

Items not subject to subsequent reclassification to net cost of services

Changes in asset revaluation surplus

1,324

66

-

Total other comprehensive income

1,324

66

-

Total comprehensive income/(loss)

(29,659)

(15,640)

5,211

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

On 1 February 2020, the Department of Communications and the Arts was abolished and its functions were merged with the renamed Department of Infrastructure, Transport, Regional Development and Communications. The amounts reported for the 2019–20 financial year represent the combined results for both departments for the period 1 July 2019 to 30 June 2020.

  1. Comparative figures for the 2018–19 financial year are those reported by the Department of Infrastructure, Transport, Cities and Regional Development.
  2. Comparative figures for the 2018–19 financial year are those reported by the Department of Communications and the Arts.