Statement of comprehensive income

		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.

* View key of all financial notes.

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Statement of comprehensive income