Section 2 - Sugar Research and Development Corporation
Section 2 - Sugar Research and Development Corporation
Section 2 - Sugar Research and Development Corporation
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74<br />
<strong>Sugar</strong> <strong>Research</strong> <strong>and</strong> <strong>Development</strong> <strong>Corporation</strong><br />
STATEMENT OF COMPREHENSIVE INCOME<br />
For the period ended 30 June 2011<br />
SRDC Annual Report 2010–2011<br />
2011<br />
$’000<br />
2010<br />
$’000<br />
Notes<br />
EXPENSES<br />
Employee benefi ts 3A 1,002 1,046<br />
Supplier 3B 999 898<br />
Grants 3C 8,182 7,764<br />
Depreciation <strong>and</strong> amortisation 3D 42 69<br />
Write-down <strong>and</strong> impairment of assets 3E 1 8<br />
Total expenses 10,226 9,785<br />
LESS:<br />
OWN-SOURCE INCOME<br />
Own-source revenue<br />
Industry contributions (sugar levies) 3,823 4,136<br />
Interest 4A 664 457<br />
Rental income 4B 29 14<br />
Other 4C 8 20<br />
Total own-source revenue 4,524 4,627<br />
Net cost of services 5,702 5,158<br />
Revenue from Government 4D 5,867 5,817<br />
Surplus attributable to the Australian Government 165 659<br />
Total comprehensive income attributable<br />
to the Australian Government<br />
165 659<br />
The above statement should be read in conjunction with the accompanying notes.
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