Statement of comprehensive revenue and expense

For the year ended 30 June 2021.

Actual
2020
($000)

Notes

Actual
2021
($000)

Unaudited budget
2021
($000)

Unaudited forecast
2022
($000)

Revenue

$852,042

Revenue from the Crown

2

$710,807

$877,874

$881,336

$27,679

Other revenue

2

$20,685

$21,615

$17,875

$879,721

Total revenue

$731,492

$899,489

$899,211

Expenses

$436,347

Personnel

3

$418,734

$482,557

$411,604

$298,076

Operating

4

$227,685

$323,020

$401,851

$66,989

Amortisation, depreciation and impairment

9, 10

$56,478

$66,945

$60,515

$23,363

Capital charge

6

$23,110

$26,967

$25,241

$824,775

Total expenses

$726,007

$899,489

$899,211

$54,946

Net surplus and total comprehensive revenue and expense

$5,485

–

The accompanying accounting policies and notes form part of these financial statements.

Explanations of major variances against budget are detailed in the relevant notes.