Annual Report - QPAC

QUEENSLAND PERFORMING ARTS TRUST
Note 8 Results Across Activities (continued)
Operating revenue
Arts Commercial Infrastructure Total
Programming Operations
2009 2009 2009 2009
$’000 $’000 $’000 $’000
Revenues from service activities (see note 9a) 6,003 15,834 97 21,933
Operating grant — — 9,740 9,740
Interest — — 894 894
Gain on sale of plant & equipment — — 25 25
Other revenues from ordinary activities 70 707 — 778
6,073 16,542 10,756 33,371
Operating expenses
Employee expenses (see note 9c) 1,911 9,313 5,025 16,250
Supplies and services (see note 9b) 5,891 4,733 1,838 12,463
Facilities costs * — — 6,143 6,143
External audit fees — — 68 68
Internal audit fees — — 33 33
Bad or doubtful debts — — 6 6
Depreciation 2 507 170 679
Other expenses - insurance premiums QGIF — — 77 77
Other expenses from ordinary activities 6 14 29 49
7,810 14,567 13,389 35,767
OPERATING SURPLUS OR (DEFICIT) (1,738) 1,975 (2,634) (2,396)
* Facilities costs include an infrastructure services fee of $5.048M (2008: $5.377M) charged by the CAA, and charges for
electricity sourced through CAA.
Notes to the Financial Report for the year ended 30 June 2009
52