• AUSTRALIAN TAXATION OFFICE
    STATEMENT OF COMPREHENSIVE INCOME

    for the period ended 30 June 2013
      Notes   2013   2012
          $'000   $'000
    EXPENSES          
    Employee benefits 3A   2,173,895   2,238,589
    Supplier 3B   1,125,329   1,050,007
    Depreciation and amortisation 3C   148,829   137,323
    Finance costs 3D   1,858   1,927
    Write-down and impairment of assets 3E   3,502   669
    Impairment write-off of assets 3F   2,532   14,758
    Losses from asset sales 3G   1,327   -
    Other expenses (Compensation and Debt Relief) 3H   1,038   910
    Total expenses     3,458,310   3,444,183
               
    LESS:          
    OWN-SOURCE INCOME          
    Own-source revenue          
    Rendering of services 4A   100,565   91,742
    Interest (AVO) 4B   385   542
    Other revenue 4C   1,772   1,726
    Total own-source revenue     102,722   94,010
               
    Gains          
    Sale of assets 4D   -   21
    Reversals of previous asset write-downs and impairments 4E   86   -
    Other gains 4F   3,808   7,501
    Total gains     3,894   7,522
    Total own-source income     106,616   101,532
    Net cost of (contribution by) services     3,351,694   3,342,651
               
    Revenue from Government 4G   3,248,149   3,131,020
    Surplus (Deficit) before income tax on continuing operations     (103,545)   (211,631)
               
    Income tax equivalent expense (competitive neutrality - AVO) 5   343   655
    Surplus (Deficit) attributable to the Australian Government     (103,888)   (212,286)
               
    OTHER COMPREHENSIVE INCOME          
    Items not subject to subsequent reclassification to profit or loss          
    Revaluation of restoration obligations provision     (358)   1,517
    Other changes in asset revaluation reserves     3,932   5,932
    Items subject to subsequent reclassification to profit or loss          
    Gains/(Losses) on foreign currency translation     -   -
    Total other comprehensive income before income tax     3,574   7,449
    Income tax expense - other comprehensive income     -   -
    Total other comprehensive income after income tax     3,574   7,449
               
    Total comprehensive income (loss) 31   (100,314)   (204,837)
    Total comprehensive income (loss) attributable to the Australian Government     (100,314)   (204,837)

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

      Last modified: 13 Oct 2014QC 42721