Income statement for the year ended 30 June 2008

  NOTES 2008
$000
2007
$000

Cost Of Services

     
Expenses      
Employee benefits expense 6 97,228 79,736
Supplies and services 7 154,827 131,710
Depreciation and amortisation expense 8 114,600 85,546
Finance costs 9 53,570 62,734
Grants and subsidies 10 332,086 249,176
Capital user charge 11 0 130,340
Energy and fuel   11,420 8,883
Land rationalisation expense   2,014 4,492
Loss on disposal of non-current assets 19 782 1,031
Other expenses 12 8,579 9,113
Total cost of services   775,106 762,761
Income      
Revenue      
User charges and fees 13 129,994 105,029
Land rationalisation lease revenue 14 83 83
Operating lease revenue 15 5,383 5,383
Commonwealth grants and contributions 16 28,112 0
Interest revenue 17 2,058 2,341
Other revenue 18 26,279 21,999
Total revenue   191,909 134,835
Total income other than income from State Government   191,909 134,835

Net Cost Of Services

  583,197 627,926
Income From State Government      
Service appropriation 20 595,799 649,238
Resources received free of charge 20 2,041 2,056
Contribution - Other Government Agencies 20 1,077 17,594
Total income from State Government   598,917 668,888

Surplus For The Period

  15,720 40,962

The Income Statement should be read in conjunction with the accompanying notes.