Appendix 1: Financial Statements
Note 4: Expenses
| 2007 $ | 2006 $ | |
|---|---|---|
| Wages and salaries | 1,547,895 | 1,342,693 |
| Superannuation | 224,122 | 216,711 |
| Leave and other entitlements | 139,007 | 127,762 |
| Other employee expenses | 116,483 | 179,625 |
| Total employee benefits | 2,027,507 | 1,866,791 |
| Provision of goods – external entities | 67,196 | 216,984 |
| Rendering of services – external entities | 2,399,911 | 2,768,492 |
| Operating lease rentals: | ||
| Minimum lease payments | 305,348 | 283,532 |
| Workers compensation premiums | 22,085 | 19,448 |
| Total supplier expenses | 2,794,540 | 3,288,456 |
| Depreciation: | ||
| Infrastructure, plant and equipment | 80,435 | 71,053 |
| Buildings | 92,258 | 90,363 |
| Total depreciation | 172,692 | 161,416 |
| Amortisation: | ||
| Intangibles – computer software | 110,634 | 118,288 |
| Total amortisation | 110,634 | 118,288 |
| Total depreciation and amortisation | 283,327 | 279,704 |
| Unwinding of discount | 2,146 | 3,215 |
| Total finance costs | 2,146 | 3,215 |
| Infrastructure, plant and equipment: | ||
| Proceeds from sale | (755) | (2,000) |
| Carrying value of assets sold | 3,836 | 2,197 |
| Total losses from assets sales | 3,081 | 197 |