Section 2 - Sugar Research and Development Corporation
Section 2 - Sugar Research and Development Corporation
Section 2 - Sugar Research and Development Corporation
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Note 4: Income<br />
OWN-SOURCE REVENUE<br />
Note 4A: Interest<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 />
Cash at bank 73 149<br />
Deposits 591 308<br />
Total interest 664 457<br />
Note 4B: Rental Income<br />
Rental income from sublease 29 14<br />
Total rental income 29 14<br />
Note 4C: Other Revenue<br />
Royalties 8 20<br />
Total other revenue 8 20<br />
REVENUE FROM GOVERNMENT<br />
Note 4D: Revenue from Government<br />
Commonwealth contribution – PIERD Act 5,867 5,817<br />
Total revenue from Government 5,867 5,817<br />
SRDC Annual Report 2010–2011 91
Change language