preliminary final report & june quarterly update - Leighton Holdings

Notes continued
for the year ended 30 June 2011
3. EXPENSES
Note 2011
$m
2010
$m
Materials (4,369.9) (3,552.5)
Subcontractors (3,777.2) (3,258.7)
Plant costs (1,166.2) (1,354.3)
Personnel costs (4,100.8) (3,492.9)
Depreciation of property, plant and equipment 4 (865.6) (824.0)
Amortisation of intangibles 4 (0.6) -
Net gain / (loss) on sale of assets 4 322.2 30.5
Net gain on acquisition of controlled entities 4 101.0 -
Impairments 4 (301.1) (16.3)
Property development and property joint ventures write-downs (80.1) (38.9)
Property development - cost of goods sold (78.1) (220.9)
Foreign exchange gains / (losses) 2.8 (7.3)
Operating lease payments - plant and equipment (324.8) (379.0)
Operating lease payments - other (84.7) (78.3)
Professional and management fees (245.5) (201.3)
Other expenses (394.6) (344.7)
Total expenses (15,363.2) (13,738.6)
Leighton Holdings Limited
Appendix 4E and Consolidated Preliminary Final Report for the Year Ended 30 June 2011 11