Department of Infrastructure and Regional Development
Administered schedule of comprehensive income for the period ended 30 June 2017

 Notes
 
2017
$'000


2016
$'000
Original
Budget
2017
$'000
NET COST OF SERVICES        
Expenses        
Employee benefits 2.1A 13,948 14,761 17,927
Suppliers 2.1B 143,506 122,487 129,245
Subsidies 2.1C 206,248 195,698 244,508
Grants 2.1D 5,004,964 2,792,240 4,189,971
Depreciation and amortisation 4.2A 53,864 39,949 30,590
Write-down and impairment of assets 2.1E 425,338 1,734  -
Payments to corporate Commonwealth entities 2.1F 122,547 116,180 122,801
Concessional loans   117,593 4,448 148,693
Protection of the sea levy payment   394 - 1,000
Total expenses   6,088,402 3,287,497 4,884,735
Income        
Revenue        
Taxation revenue        
Other taxes 2.2A 41,692 39,354 38,944
Total taxation revenue   41,692 39,354 38,944
Non-taxation revenue        
Sale of goods and rendering of services 2.2B 20,493 21,100 17,445
Building Australia Fund revenue   - 6,920 122,600
Industry contributions   1,204 1,974 2,091
Other contributions   - 36,260  -
Fees and fines 2.2C 204,194 205,562 212,667
Interest 2.2D 46,180 33,856 46,857
Dividends   82,814 94,259 97,900
Other revenue 2.2E 5,826 8,924 15,666
Total non-taxation revenue   360,711 408,855 515,226
Total revenue   402,403 448,209 554,170
Gains        
Gains from sale of assets   2 -  -
Other gains 2.2F 11,773 11,189 786
Total gains   11,775 11,189 786
Total income   414,178 459,398 554,956
Net (cost of) services   (5,674,224) (2,828,099) (4,329,779)
Deficit   (5,674,224) (2,828,099) (4,329,779)
OTHER COMPREHENSIVE INCOME        
Items not subject to subsequent reclassification to net cost of services        
Changes in asset revaluation surplus   568,368 (23,532)  -
Total other comprehensive income/(loss)   568,368 (23,532) -
Total comprehensive loss   (5,105,856) (2,851,631) (4,329,779)

The above schedule should be read in conjunction with the accompanying notes.

Prev. Contents of financial statements Next