Part 4: Financial Statements – HTML version
DEPARTMENT OF FAMILY AND COMMUNITY SERVICES
STATEMENT OF FINANCIAL PERFORMANCE
for the year ended 30 June 2004
| Notes | 2004 $'000 |
2003 $'000 |
|
|---|---|---|---|
| Revenues from ordinary activities | |||
| Revenues from Government | 4A | 2,480,639 | 2,375,630 |
| Goods and services | 4B | 1,536 | 738 |
| Interest | 4C | 14 | 3,343 |
| Revenue from sale of assets | 4D | 39 | 297 |
| Foreign exchange gains | 4E | 4 | 4 |
| Other | 4F | 1,085 | 1,132 |
| Revenues from ordinary activities | 2,483,317 | 2,381,144 | |
| Expenses from ordinary activities (excluding borrowing costs expense) | |||
| Employees | 5A | 299,258 | 270,572 |
| Suppliers | 5B | 198,586 | 174,867 |
| Depreciation and amortisation | 5C | 16,172 | 14,577 |
| Write-down of assets | 5D | 672 | 7,370 |
| Value of assets sold | 4D | 135 | 845 |
| Foreign exchange loss | 5E | 34 | 1 |
| Other | 5F | 1,968,078 | 1,934,429 |
| Expenses from ordinary activities (excluding borrowing costs expense) | 2,482,935 | 2,402,661 | |
| Borrowing costs expense | 6A | 317 | 244 |
| Net surplus / (deficit) from ordinary activities before income tax | 65 | (21,761) | |
| Net credit/(debit) to asset revaluation reserve | 12A | 7,535 | 3,094 |
| Decrease in accumulated deficit on initial application of transitional provisions under accounting standard AASB 1028 Employee Benefits | - | (1,007) | |
| Decrease in accumulated deficit on initial application of fair value under accounting standard AASB 1041 Revaluation of Non-current Assets | - | (94) | |
| Total revenues, expenses and valuation adjustments recognised directly in equity | 7,535 | 1,993 | |
| Total changes in equity other than those resulting from transactions with the Australian Government as owners | 7,600 | (19,768) |
The above statement should be read in conjunction with the accompanying notes.