Annual Report for 2006/07 - Metro Tasmania

12Income StatementFor the year ended 30 June 200ConsolidatedCompanyNote 2007 2006 2007 2006$’000 $’000 $’000 $’000RevenueTraffic operations revenue 4(a) 36,550 34,620 36,550 34,620Other operating income 4(b) 758 619 758 619Financial income 4(c) 890 660 890 66038,198 35,899 38,198 35,899ExpensesTraffic operations 5(a) (28,199) (27,011) (28,199) (27,011)Engineering and maintenance services 5(b) (4,841) (4,772) (4,841) (4,772)Administration and general 5(c) (4,676) (3,913) (4,676) (3,913)Financial expense 5(d) (175) (173) (175) (173)(37,891) (35,869) (37,891) (35,869)Profit before income tax 307 30 307 30Income tax expense 6 (123) (46) (123) (46)Profit / (loss) for the year 184 (16) 184 (16)The Income Statement is to be read in conjunction with the Notes to the Financial Statements.Statement of Recognised Income and ExpensesFor the year ended 30 June 2007ConsolidatedCompanyNote 2007 2006 2007 2006$’000 $’000 $’000 $’000Actuarial gains / (losses) ondefined benefits plan 26 (1,363) 1,824 (1,363) 1,824Income tax on income and expenserecognised directly in equity 19 (409) 610 (409) 610Financial StatementsIncome and expenserecognised directly in equity (1,772) 2,434 (1,772) 2,434Profit / (loss) for the year 184 (16) 184 (16)Total recognised incomeand expense for the year (1,588) 2,418 (1,588) 2,418The Statement of Recognised Income and Expenses is to be read in conjunction with the Notes to the Financial Statements.