Statement of comprehensive income

    Note* 2017
$000
2016
$000
Income Revenue      

Sales

6.1 113,400 121,854

Commonwealth grants and contributions

7.0 666 816

Interest revenue

8.0 916 805

Other revenue

9.0 1,320 1,454
Gains      
Other gains 10.0 317 1,042
Total Incomes   116,619 125,971
Expenses Cost of sales 6.2 63,749 66,707

Employee benefits expense

11.0 18,874 17,648

Supplies and services

12.0 19,546 20,225

Depreciation and amortisation expense

13.0 1,292 1,208

Finance costs

14.0 753 1,246

Accommodation expenses

15.0 439

347

Loss on disposal of non-current assets

  85 53

Other expenses

16.0 1,501

1,583

Total expenses

 

106,240

109,017

Profit before change in biological assets valuation and onerous contracts

  10,379 16,954

Biological asset (decrease)/increase

18.0 (6,663) 5,005

Onerous contracts

19.0 196 2,871

Profit before grants and subsidies from State Government

  3,912 24,830

Grants and subsidies from State Government

20.0 1,701 -

Profit before income tax equivalent expense

  5,613 24,830

Income tax expense

41.0 (1,649) (4,051)

Profit for the year

  3,964 20,779
Other comprehensive income

Items that will not be reclassified subsequently to profit or loss

     

Remeasurements of defined benefit liability

  3 11

Changes in asset revaluation surplus

34.2 467 2,305

Deferred tax on items of other comprehensive income

34.2 (140) (692)

Items that may be reclassified subsequently to profit or loss

     

Changes in cash flow hedge reserve

34.2 (91) 153

Income tax on items of other comprehensive income

34.2 27 (46)

Total other comprehensive income

  266 1,731

Total comprehensive income for the year

  4,230 22,510

For the year ended 30 June 2017. The 'Statement of comprehensive income' should be read in conjunction with the accompanying notes. 

* View key of all financial notes.