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Statement of profit or loss and other comprehensive income

NBN Co Group

30 June 2019

30 June 2018

For the year ended

Notes

$m

$m

Revenue

B1

2,825

1,978

Direct network costs

(746)

(691)

Employee benefits expenses

D1

(867)

(787)

Other operating expenses

B2

(604)

(603)

Subscriber costs

(1,903)

(1,948)

Depreciation and amortisation expense

C3 & C4

(2,614)

(2,167)

Other income

B1

23

19

Net finance costs

C8

(993)

(580)

Loss before income tax

(4,879)

(4,779)

Income tax benefit/(expense)

H1

1

(1)

Loss for the year

(4,878)

(4,780)

Loss attributable to the shareholder

(4,878)

(4,780)

Other comprehensive gain/(loss)

Items that may be reclassified to profit or loss

Changes in the fair value of cash flow hedges, net of tax

3

(2)

Total other comprehensive gain/(loss) for the year, net of tax

3

(2)

Total comprehensive loss for the year

(4,875)

(4,782)

Total comprehensive loss attributable to the shareholder

(4,875)

(4,782)

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