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Annual Report - QPAC

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QUEENSLAND PERFORMING ARTS TRUST<br />

INCOME STATEMENT<br />

For the Year Ended 30 June 2009<br />

Income<br />

Revenue<br />

2009 2008<br />

Notes $’000 $’000<br />

Revenues from service activities 8, 9a 21,933 23,057<br />

Grants and other contributions 8, 9a 9,740 10,048<br />

Other revenue 8, 9a 1,673 2,473<br />

Gains<br />

Gain on sale of property plant and equipment 8, 9a 25 –<br />

Total income 33,371 35,578<br />

Expenses<br />

Employee expenses 8, 9c 16,250 16,582<br />

Supplies and services 8, 9b 18,684 16,370<br />

Depreciation and amortisation 8, 9b 679 685<br />

Other expenses 9b 154 164<br />

Total expenses 35,767 33,801<br />

Operating Surplus / (Deficit) 8 (2,396) 1,777<br />

The accompanying notes form part of these financial statements.<br />

42

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