Note* | 2018 $000 |
2017 $000 |
||
---|---|---|---|---|
Income | Revenue | |||
Sales |
6.1 | 111,590 | 113,400 | |
Commonwealth grants and contributions |
7.0 | - | 666 | |
Interest revenue |
8.0 | 677 | 916 | |
Other revenue |
9.0 | 1,475 | 1,320 | |
Gains | ||||
Other gains | 10.0 | 370 | 317 | |
Total Incomes | 114,112 | 116,619 | ||
Expenses | Cost of sales | 6.2 | 64,933 | 64,283 |
Employee benefits expense |
11.0 | 20,029 | 18,874 | |
Supplies and services |
12.0 | 18,673 | 19,012 | |
Depreciation and amortisation expense |
13.0 | 1,199 | 1,292 | |
Finance costs |
14.0 | 692 | 753 | |
Accommodation expenses |
15.0 | 435 |
439 |
|
Grants and subsidies | 16.0 | 20 | - | |
Loss on disposal of non-current assets |
17.0 | - | 85 | |
Other expenses |
18.0 | 1,519 |
1,501 |
|
Total expenses |
107,500 |
106,240 |
||
Profit before change in biological assets valuation and onerous contracts |
6,612 | 10,379 | ||
Biological asset decrease |
20.0 | (2,052) | (6,663) | |
Onerous contracts |
21.0 | 1,173 | 196 | |
Profit before grants and subsidies from State Government | 5,733 | 3,912 | ||
Grants and subsidies from State Government | 22.0 | 5,603 | 1,701 | |
Profit before income tax equivalent expense |
11,336 | 5,613 | ||
Income tax expense |
44.0 | (3,338) | (1,649) | |
Profit for the year |
7,998 | 3,964 | ||
Other comprehensive income |
Items that will not be reclassified subsequently to profit or loss |
|||
Remeasurements of defined benefit liability |
4 | 3 | ||
Changes in asset revaluation surplus |
37.2 | (92) | 467 | |
Deferred tax on items of other comprehensive income |
37.2 | 28 | (140) | |
Items that may be reclassified subsequently to profit or loss |
||||
Changes in cashflow hedge reserve |
37.2 | (156) | (91) | |
Income tax on items of other comprehensive income |
37.2 | 47 | 27 | |
Total other comprehensive income |
(169) | 266 | ||
Total comprehensive income for the year |
7,829 | 4,230 |
For the year ended 30 June 2018. The 'Statement of comprehensive income' should be read in conjunction with the accompanying notes.