2011/2012 Annual Report - Metro Tasmania
2011/2012 Annual Report - Metro Tasmania
2011/2012 Annual Report - Metro Tasmania
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NOTES TO THE FINANCIAL STATEMENTS<br />
CONSOLIDATED<br />
<strong>2012</strong> <strong>2011</strong><br />
Note 4. REVENUE $’000 $’000<br />
(a) Passenger transport operations<br />
Service contracts 32,758 31,172<br />
Ticket fares 11,125 10,886<br />
43,883 42,058<br />
(b) Other operating income<br />
Profit on disposal of property, plant and equipment 16 64<br />
Advertising income 456 394<br />
Rental income 42 49<br />
Other income 269 253<br />
783 760<br />
(c) Financial income<br />
Interest income 155 386<br />
155 386<br />
(d) Non-operating income<br />
Additional government funding (Note 26) 3,250 3,250<br />
3,250 3,250<br />
Total income 48,071 46,454<br />
Note 5. EXPENSES<br />
(a) Passenger transport operations<br />
Fuel 5,408 4,980<br />
Employee and related expenses 22,493 21,956<br />
Depreciation and amortisation expenses 4,165 3,740<br />
Other expenses 2,790 2,480<br />
34,856 33,156<br />
(b) Engineering and maintenance services<br />
Maintenance expense 3,810 3,699<br />
Employee and related expenses 2,394 2,357<br />
Depreciation and amortisation expenses 117 142<br />
6,321 6,198<br />
(c) Administration and general<br />
Employee and related expenses 3,018 2,809<br />
Depreciation and amortisation expenses 452 378<br />
Other expenses 2,515 2,625<br />
5,985 5,812<br />
(d) Finance costs<br />
Interest expense 26 23<br />
Actuarial interest costs 1,303 1,338<br />
1,329 1,361<br />
Total expenses 48,491 46,527<br />
38 METRO <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> | <strong>2012</strong>
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