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Port Hedland Port Authority Annual Report 2011 - Parliament of ...

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Note 3. Revenue<br />

Revenue consists <strong>of</strong> the following items <strong>2011</strong> 2010<br />

$'000<br />

$'000<br />

Rendering <strong>of</strong> Services<br />

Charges on Cargo 45,091 14,139<br />

Charges on Ships 26,065 20,767<br />

Shipping Services 16,485 14,192<br />

Interest Revenue 1,101 618<br />

Rental and Leases 9,521 7,254<br />

98,263 56,970<br />

Other Revenue<br />

Other Revenue (a) 5,931 20,840<br />

Revenue from Ordinary Activities 104,194 77,810<br />

Total Revenue 104,194 77,810<br />

(a)<br />

<strong>2011</strong> includes $2.6m finance revenue (rehabilitation) and 2010 includes $20m proponent contribution<br />

toward high spot dredging.<br />

Note 4. Expenses<br />

Operating expenses are presented on the face <strong>of</strong> the statement <strong>of</strong> comprehensive income using a classification<br />

based on the nature <strong>of</strong> expenses (see note 1(b)). Marine expenses include those expenses derived from water<br />

based activities, port operations expenses include those expenses related to land based support activities, whilst<br />

general administration expenses includes expenditure <strong>of</strong> an administrative nature.<br />

Page 63

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