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Statement of Comprehensive Income

for the period ended 30 June 2019

2019

2018

Original Budget

Notes

$’000

$’000

$’000

NET COST OF SERVICES

Expenses

Employee benefits

1A

26,245

24,616

27,220

Suppliers

2A

6,725

6,664

6,369

Depreciation and amortisation

4A

1,055

1,098

990

Finance costs

12

11

11

Losses from asset sales

0

12

0

Total Expenses

34,037

32,401

34,590

Own-Source Income

Sale of goods and rendering of services

5B

515

405

9

Resources received free of charge

50

50

50

Total own-source income

565

455

59

Net cost of contribution by services

33,472

31,946

34,531

Revenue from Government

33,541

34,304

33,541

Surplus / (Deficit)

69

2,358

(990)

OTHER COMPREHENSIVE INCOME

Changes in asset revaluation surplus

0

0

0

Assets transferred

0

0

0

Total other comprehensive income

0

0

0

Total comprehensive income

69

2,358

(990)

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

Budget Variances Commentary

The budget variances are due to employee expenses being lower primarily as a consequence of lower staffing levels due to higher than budgeted turnover and rendering of services being higher due to extension of a previous arrangement.