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LEGAL SERVICES COMMISSIONER ANNUAL REPORT 2012

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Comprehensiveoperating statementFor the financial year ended 30 June <strong>2012</strong>Continuing operations<strong>2012</strong> 2011Notes $ $Income from transactionsLegal Services Board (LSB) contributions 2(a) 11,937,079 11,050,833Interest 2(b) 42,740 37,066Other income 2(c) 734,706 188,682Total income from transactions 12,714,525 11,276,581Expenses from transactionsDepreciation and amortisation expense 3(a) (284,097) (280,565)Employee benefits 3(b) (8,165,611) (7,690,650)Consultants and legal expenses 3(c) (1,203,093) (843,264)Supplies and services 3(d) (825,878) (843,149)Other operating expenses 3(e) (1,443,692) (1,208,606)Total expenses from transactions (11,922,371) (10,866,234)Net result from transactions 792,154 410,347Other economic flows included in net resultNet gain/(loss) from the revaluation of thepresent value of the long service leave liability(108,598) 7,994Net gain/(loss) on disposal of assets (49,322) (4,129)Total other economic flows included in net result (157,920) 3,865Net result for the year 634,234 414,212Other economic flows – other non-owner changes in equity - -Comprehensive result 634,234 414,212The comprehensive operating statement should be read in conjunction with the accompanying notes included on pages 50 to 79.46 Legal Services <strong>COMMISSIONER</strong> Annual Report <strong>2012</strong>

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