AnnuAl REPORT 2011-2012 - Sbs

STATEMENTS OF COMPREHENSIVE INCOME
for the year ended 30 June 2012
eXPeNses
Notes
COnSOlIDAteD CORpORAtIOn
2012
$’000
2011
$’000
2012
$’000
2011
$’000
Employee benefits 3(a) 95,803 88,236 92,880 85,904
Suppliers 3(b) 207,424 204,809 200,090 199,528
Depreciation and amortisation 3(c) 10,608 9,964 10,467 9,820
Finance costs 3(d) 600 959 600 903
Write-down and impairment of assets 3(e) 422 526 247 526
Foreign exchange losses (non-speculative) – 2 – 2
Losses from asset sales 3(f) 24 – 24 –
total expenses 314,881 304,496 304,308 296,683
Less:
oWN-soURCe INCoMe
own-source revenue
Sale of goods and rendering of services 4(a) 71,587 76,404 61,188 67,051
Interest 4(b) 4,590 4,541 4,468 4,380
Rental income 1,171 828 1,171 828
Royalties 5,637 5,060 5,637 5,060
Other 4(c) 4,667 5,987 4,667 5,987
total own-source revenue
Gains
87,652 92,820 77,131 83,306
Net gains from sale of assets
Reversals of previous asset write-downs and
3(f) – 5 – 5
impairments 4(d) 4 – 4 –
Foreign exchange gains (non-speculative) 15 – 14 –
total gains 19 5 18 5
total own-source income 87,671 92,825 77,149 83,311
Net cost of services 227,210 211,671 227,159 213,372
Revenue from Government
surplus (Deficit) before income tax on
5 222,472 209,013 222,472 209,013
continuing operations (4,738) (2,658) (4,687) (4,359)
Income tax benefit (expense)
surplus (Deficit) after income tax on continuing
6(a) 2 (320) – –
operations (4,736) (2,978) 4,687 (4,359)
surplus (Deficit) after income tax (4,736) (2,978) 4,687 (4,359)
The above statements should be read in conjunction with the accompanying notes.
68 SBS