Statement of comprehensive income
for the year ended 30 June 2014
Annual Report 2013/14.
This statement reports the income and expenditure relating to all outputs (goods and services) produced by the Office. Supporting statements showing the income and expenditure of each output class are on pages 22 and 37.
Explanations of significant variances against the Main Estimates are detailed in Note 21.
| Notes | Actual 2013/14 |
Actual 2012/13 |
Main Estimates 2013/14 |
Supplementary Estimates 2013/14 |
Main Estimates 2014/15 |
|
| $000 | $000 | $000* | $000* | $000* | ||
| Income | ||||||
| Crown funding | 2 | 10,120 | 10,080 | 10,080 | 10,120 | 10,120 |
| Audit fee revenue | 3 | 72,116 | 70,041 | 68,114 | 71,042 | 75,390 |
| Other income | 199 | 163 | 275 | 275 | 260 | |
| Gain on sale of plant and equipment | 31 | 41 | - | - | - | |
| Total income | 82,466 | 80,325 | 78,469 | 81,437 | 85,770 | |
| Expenditure | ||||||
| Personnel costs | 4 | 37,664 | 38,075 | 37,629 | 37,543 | 39,392 |
| Other operating costs | 5 | 42,079 | 39,920 | 39,018 | 42,080 | 44,735 |
| Depreciation and amortisation expense | 9, 10 | 1,236 | 1,035 | 1,324 | 1,316 | 1,145 |
| Capital charge | 6 | 498 | 366 | 498 | 498 | 498 |
| Total expenditure | 81,477 | 79,396 | 78,469 | 81,437 | 85,770 | |
| Other comprehensive income | - | - | - | - | - | |
| Total comprehensive income for the year | 989 | 929 | - | - | - | |
* All Estimates information is unaudited.
The accompanying notes form part of these financial statements.