1996/97 STATE TRANSIT ANNUAL REPORT Additional Statutory Information Consolidated Income and Expenditure Statement For the year ended 30 June 1997   1995/96 Actual $000 1996/97 Budget $�0 1996/97 Actual $�0 Variation   $�0 Variance   % 1997/98 Budget $�0 INCOME                           Passenger revenue-farebox 174,646 192,543 189,706 -2,837 -1.50% 202,076 Concession reimbursements 102,593 111,171 111,428 257 0.20% 119,180 Community service obligations 36,438 39,039 39,039 0 0.00% 42,188 Charters & hirings 5,176 5,172 4,646 -526 -10.20% 4,944 Rent & advertising 7,252 8,047 8,388 341 4.20% 8,393 Interest 4,711 3,782 1,873 -1,909 -50.50% 299 Finance lease contingent rental 1,843 1,700 1,738 38 2.20% 0 Proceeds from sale of assets 2,902 1,089 5,049 3,960 363.60% 16,036 Other revenue 1,092 639 2,361 1,722 269.50% 518               TOTAL INCOME   336,653 363,182 364,228 1,046 0.30% 393,634               EXPENDITURE             Employee related             salaries & wages 150,665 157,950 164,377 -6,427 -4.10% 169,148 superannuation 13,060 14,646 14,648 -2 0.00% 15,419 Employee leave entitlements 19,434 21,849 21,937 -88 -0.40% 22,447 Other 22,249 21,281 22,625 -1,344 -6.30% 23,502 Other operating 89,637 104,273 97,795 6,478 6.20% 109,031 Cost of fixed assets sold 2,465 1,089 4,046 -2,957 -271.50% 16,036 Depreciation & amortisation 22,403 32,619 31,663 956 2.90% 32,412 Interest & loans charges 5,128 4,201 4,201 0 0.00% 2,272 Operating leases 1,104 2,040 1,860 180 8.80% 1,867 TOTAL EXPENDITURE   326,145 359,948 363,152 -3,204 -0.90% 392,134               OPERATING RESULT BEFORE ABNORMALS 10,508 3,234 1,076 -2,158   1,500               LESS ABNORMAL ITEMS 0 0 5,058 -5,058   0               NET OPERATING RESULT   10,508 3,234 -3,982 -7,216   1,500 (Next Page) (Table of Contents)

---

For more site information:
Email info@genii.com.au
or visit our site builders:
genii.com.au