PSR Annual Report 2005-2006

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Notes to and forming part of the Financial Statements

Note 6: Operating Expenses

Note 6A: Employee Expenses

Wages and Salaries	1,342,693	1,454,227
Superannuation	216,711	290,661
Leave and other entitlements	127,762	207,036
Separation and redundancies	0	392,848
Other employee expenses	179,625	343,634
Total employee expenses	1,866,791	2,688,406

Note 6B: Supplier Expenses
	2006 $	2005 $
Goods from external entities	216,984	122,232
Services from external entities	2,768,492	3,387,861
Services from related entities	0	337,557
Operating lease rentals	283,532	350,250
Workers' compensation premiums	19,448	22,078
Total supplier expenses	3,288,456	4,219,978

Note 6C: Depreciation and Amortisation
	2006 $	2005 $
Depreciation:
Infrastructure, plant and equipment	71,053	81,201
Leasehold improvements	90,363	95,065
Total Depreciation	161,416	176,266
Amortisation:
Intangibles - Computer Software	118,288	90,548
Total amortisation	118,288	90,548
Total depreciation and amortisation	279,704	266,814

The aggregate amounts of depreciation or amortisation expensed during the reporting period for each class of depreciable asset are as follows:


Infrastructure, plant and equipment	71,053	81,201
Leasehold improvements	90,363	95,065
Intangibles - computer software	118,288	90,548
Total depreciation and amortisation	279,704	266,814

No depreciation or amortisation was allocated to the carrying amounts of other assets.

Note 6D: Borrowing Costs Expense

Unwinding of makegood discount	3,215	0
Total borrowing costs expense	3,215	0

Note 6E: Write Down and Impairment of Assets

Non-financial assets:
Leasehold improvements - revaluation decrement	0	0
Infrastructure, plant and equipment - revaluation decrement	0	33,714
Total write-down of non-financial assets	0	33,714

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