Statement of comprehensive revenue and expense

Annual report 2017/18.

for the year ended 30 June 2018

This statement reports the revenue and expenditure relating to all outputs (goods and services) produced by the Office. Supporting statements showing the revenue and expenditure of each output class are on pages 20, 21, 32, and 33.

Revenue

Notes Actual
2017/18
$000		 Actual
2016/17
$000		 Main
Estimates
2017/18
$000*		 Supplementary
Estimates
2017/18
$000*		 Main
Estimates
2018/19
$000*
Revenue
Crown funding 2 10,599 10,817 10,813 10,599 10,813
Audit fee revenue 3 84,492 76,414 83,162 83,215 80,494
Other revenue 169 149 230 230 230
Gain on sale of plant and equipment - 47 18 - -
Total revenue 95,260 87,427 94,223 94,044 91,537
Expenditure
Personnel costs 4 45,704 43,252 43,960 43,929 43,787
Other operating costs 5 46,596 44,709 46,597 47,850 47,013
Depreciation and amortisation expense 10, 11 1,105 1,126 1,191 1,108 1,192
Capital charge 6 373 404 373 373 373
Total expenditure 93,778 89,491 92,121 93,260 92,365
Surplus/(deficit) 1,482 (2,064) 2,102 784 (828)
Other comprehensive revenue and expense - - - - -
Total comprehensive revenue and expense for the year   1,482 (2,064) 2,102 784 (828)

* All Estimates information is unaudited.

Explanations of significant variances against the Main Estimates are detailed in Note 20.