PDF - 1.62 MB - Sydney Harbour Federation Trust

Financial Statement 2006-07Notes to and forming partof the Financial Statements for the year ended 30 June 200752Note 17: Reporting OutcomesNote 17A - Departmental Revenues and Expenses by Output Groups and OutputsOutcome 1Output 1.1 Output 1.2 Output 1.3 Total2007 2006 2007 2006 2007 2006 2007 2006$’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000Operating expensesEmployees 1,480 1,348 1,034 942 2,041 1,698 4,555 4,149Suppliers 795 836 651 685 5,492 5,775 6,938 7,296Depreciation 19 19 15 15 234 230 268 264Write-down of assets 1 - 1 - 14 - 16 -Total operating expense 2,295 2,203 1,701 1,642 7,781 7,864 11,777 11,709Funded by:Revenues from Government 657 1,278 453 881 509 992 1,619 3,151Goods and services - - 102 253 3,345 8,295 3,447 8,548Interest - - - - 2,932 1,469 2,932 1,469Other - - - - 1,000 1,286 1,000 1,286Total operating income 657 1,278 555 1,134 7,786 12,042 8,998 14,454Outcomes of the TrustTrust Lands on Sydney Harbour are conserved and enhanced for the benefit of present and future generations of Australians.There are three Outputs identified for the Outcome:Output 1.1: Management plans consistent with the Harbour Trust’s Comprehensive Plan are prepared for Harbour Trust lands followingcommunity consultationOutput 1.2: The public is informed of the environmental and heritage significance of the Harbour Trust lands and has access to themOutput 1.3: Harbour Trust lands are progressively rehabilitated, conserved and made publicly accessibleThe Capital Use Charge is not included in any of the Net cost/contribution of outcomes as it is not an operating expense.The costs of administrative and operating overheads have been attributed to outputs in proportion to the relative costs of each output.The net costs shown include intra-government costs that would be eliminated in calculating the actual Budget outcome.