03 Financial Statements FOR THE PERIOD ENDED 30 JUNE 2015

CEFC ANNUAL REPORT / 2014–15

Statement of Comprehensive Income

For the period ended 30 June 2015

 

 

Notes

2015
$'000

2014
$’000

NET COST OF SERVICES

 

EXPENSES

   

Employee benefits

3A

14,544

12,942

Suppliers

3B

4,688

4,677

Depreciation and amortisation

3C

455

387

Finance costs

3D

6

30

Concessional loan charges

3E

1,392

5,582

Write-down and impairment of assets

3F

2,271

641

Provision for irrevocable loan commitments

3G

266

232

Total expenses

23,622

24,491

Own-source Income

   

Own-source revenue

   

Interest and loan fee revenue

4A

54,619

41,787

Other revenue

4B

19

-

Total own-source revenue

54,638

41,787

Gains

   

Other gains

4C

139

-

Total gains

139

-

Total own-source income

54,777

41,787

Net contribution from services

31,155

17,296

Revenue from Australian Government

4D

-

8,000

Surplus before income tax on continuing operations

31,155

25,296

Income tax expense

1.20

-

-

Surplus after income tax on continuing operations

31,155

25,296

Surplus after income tax

31,155

25,296

Surplus attributable to the Australian Government

31,155

25,296

OTHER COMPREHENSIVE INCOME

 

Items not subject to subsequent classification to net cost of services

   

Changes in asset revaluation surplus

1,138

-

Total other comprehensive income before income tax

1,138

-

Income tax expense – other comprehensive income

1.20

-

-

Total other comprehensive income after income tax

1,138

-

Total comprehensive income

32,293

25,296

Total comprehensive income attributable to the Australian Government

32,293

25,296


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