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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Note 3: Expenses<br />
Note 3A: Employee Benefi ts<br />
<strong>Sugar</strong> <strong>Research</strong> <strong>and</strong> <strong>Development</strong> <strong>Corporation</strong><br />
NOTES OF THE FINANCIAL STATEMENTS<br />
2011<br />
$’000<br />
2010<br />
$’000<br />
Wages <strong>and</strong> salaries<br />
Superannuation:<br />
668 622<br />
Defi ned contribution plans 46 48<br />
Defi ned benefi t plans 53 44<br />
Leave <strong>and</strong> other entitlements 40 109<br />
Other employment expenses 195 223<br />
Total employee benefi ts 1,002 1,046<br />
Note 3B: Suppliers<br />
Goods <strong>and</strong> services<br />
Consultants <strong>and</strong> contractors 204 178<br />
Other 576 503<br />
Total goods <strong>and</strong> services 780 681<br />
Goods <strong>and</strong> services are made up of:<br />
Provision of goods – external parties 133 178<br />
Rendering of services – external parties 647 503<br />
Total goods <strong>and</strong> services 780 681<br />
Other supplier expenses<br />
Operating lease rentals – external parties:<br />
Minimum lease payments 219 217<br />
Total other supplier expenses 219 217<br />
Total supplier expenses 999 898<br />
Note 3C: Grants<br />
Private sector:<br />
<strong>Research</strong> <strong>and</strong> development grants – PIERD 8,182 7,764<br />
Total grants 8,182 7,764<br />
SRDC Annual Report 2010–2011 89
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