Statement of comprehensive revenue and expense

Annual Report 2015/16.

for the year ended 30 June 2016

This statement reports the revenue and expense relating to all outputs (goods and services) produced by the Office. Supporting statements showing the revenue and expense of each output class are on pages 27, 28, 37, 38, and 39 .

NotesActual
2015/16
$000		Actual
2014/15
$000		Main Estimates
2015/16
$000*		Supplementary Estimates
2015/16
$000*		Main Estimates
2016/17
$000*
Revenue
Crown funding 2 10,749 10,147 10,727 10,749 10,735
Audit fee revenue 3 78,298 78,137 75,222 75,864 75,295
Other revenue 204 226 230 230 230
Gain on sale of plant and equipment 41 30 - 46 18
Total revenue 89,292 88,540 86,179 86,889 86,278
Expenses
Personnel costs 4 40,875 40,123 41,060 41,249 42,654
Other operating costs 5 45,855 44,838 43,611 44,205 43,313
Depreciation and amortisation expense 10, 11 1,088 1,006 1,134 1,065 1,102
Capital charge 6 498 498 498 498 498
Total expenses 88,316 86,465 86,303 87,017 87,567
Surplus/(deficit) 976 2,075 ( 124) ( 128) ( 1,289)
Other comprehensive revenue and expense - - - - -
Total comprehensive revenue and expense 976 2,075 (124) (128) (1,289)

* All Estimates information is unaudited.

Explanations of significant variances against the Main Estimates are detailed in Note 22.

The accompanying notes form part of these financial statements.