Statement of comprehensive revenue and expense

for the year ended 30 June 2015

Annual Report 2014/15.

This statement reports the revenue and expense relating to all outputs (goods and services) produced by the Office. Supporting statements showing the revenue and expense of each output class are on pages 21 and 34.

Explanations of significant variances against the Main Estimates are detailed in Note 21.

	Notes	Actual 2014/15	Actual 2013/14	Main Estimates 2014/15	Supplementary Estimates 2014/15	Main Estimates 2015/16
		$000	$000	$000*	$000*	$000*
Revenue
Crown funding	2	10,147	10,120	10,120	10,147	10,727
Audit fee revenue	3	78,137	72,116	75,390	78,095	75,222
Other revenue		226	199	260	260	230
Gain on sale of plant and equipment		30	31	-	-	-
Total revenue		88,540	82,466	85,770	88,502	86,179
Expenditure
Personnel costs	4	40,123	37,664	39,392	39,686	41,060
Other operating costs	5	44,838	42,079	44,735	45,442	43,611
Depreciation and amortisation expense	9, 10	1,006	1,236	1,145	1,030	1,134
Capital charge	6	498	498	498	498	498
Total expenditure		86,465	81,477	85,770	86,656	86,303
Surplus/(deficit)		2,075	989	-	1,846	(124)

* All Estimates information is unaudited.

The accompanying notes form part of these financial statements.