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Statement of Profit or Loss or Other Comprehensive Income

For the Year Ended 30 June 2019

NOTE

2019

2018

$'000

$'000

Revenue from contracts with customers

4

241,135

239,869

Other income

5

7,487

7,719

Interest on deposits calculated using the effective interest method

2,494

2,143

Expenses

Employee benefits expense

(118,024)

(115,543)

Goods and services received

6

(82,647)

(82,946)

Depreciation and amortisation expense

(10,353)

(9,663)

Impairment of non-current assets

(672)

-

Reversal of impairment of receivables and contract assets

1

142

Operating lease rentals

7

(13,505)

(13,225)

Workers compensation premiums

(1,110)

(1,659)

Finance costs

7

(148)

(142)

Total expenses

(226,458)

(223,036)

Surplus before income tax equivalent expense

24,658

26,695

Income tax equivalent expense

8

(8,060)

(7,590)

Surplus after income tax equivalent expense

16,598

19,105

Other comprehensive income for the year, net of tax

-

-

Total comprehensive income for the year attributable to the Australian Government

16,598

19,105

The above statement of profit or loss and other comprehensive income should be read in conjunction with the accompanying notes