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2003 - 04 Annual Report - Sbs

2003 - 04 Annual Report - Sbs

2003 - 04 Annual Report - Sbs

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98Notes Consolidated Corporation5. Operating revenues20<strong>04</strong> <strong>2003</strong> 20<strong>04</strong> <strong>2003</strong>$'000 $'000 $'000 $'0005(a) Revenues from GovernmentAppropriations for outputs 17 145,776 137,452 145,776 137,452Total revenues from Government 145,776 137,452 145,776 137,4525(b) Goods and servicesGoods - sale of programs and merchandise 2,070 1,110 2,070 1,110Services 31,150 26,480 31,192 26,480Total sales of goods and services 33,220 27,590 33,262 27,590Rendering of services:Advertising and sponsorship 26,356 21,765 26,356 21,765Production services 4,569 3,777 4,569 3,777Controlled company (v) - - 42 720Associated company 225 938 225 218Total rendering of services 31,150 26,480 31,192 26,480Provision of goods to:Related entities - - - -External entities 2,070 1,110 2,070 1,110Total sales of goods 2,070 1,110 2,070 1,110Rendering of services to:Related entities 1,307 1,629 1,349 1,629External entities 29,843 24,851 29,843 24,851Total rendering of services 31,150 26,480 31,192 26,480Total sales of goods and services 33,220 27,590 33,262 27,590(v) In <strong>2003</strong> $0.720m was paid to the Corporation byits controlled entity MST Ltd for management feesrelating to PAN TV Ltd – see note 8(c)xii.No management fee was paid by MST Ltd in 20<strong>04</strong>except for reimbursement of administrative costs.Costs of sales of goods (vi) - - - -(vi) No costs of sale is recognised as all sales of goodsand services are outsourced and no inventory ofgoods is held.5(c)Interest RevenueDeposits 1,593 1,574 1,527 1,420Total interest 1,593 1,574 1,527 1,420

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