Page 52

Forest NSW Annual Report 2012

Forests NSW Consolidated Annual Financial Reports Year ended 30 June 2012 ABN 43 141 857 613 Statement of Comprehensive Income For the year ended 30 June 2012 Economic Economic Statutory Statutory Entity Entity Corporation Corporation   2012 2011 2012 2011 Notes $'000 $'000 $'000 $'000 Revenue           Forests sales revenue 4(a) 293 204 291 457 293 204 291 457 Other revenue 4(b) 14 647 24 321 14 647 25 564 Grants revenue 4(c) 9770 11 529 9770 11 529 Reversal of impairment loss   1440 - 1440 - Change in fair value less estimated point of sale - 88 641 - 90 070 costs 12 Total Revenue   319 061 415 948 319 061 418 620             Expenses           Expenses from operations 5 (213 807) (204 608) (213 807) (205 964) Depreciation and amortisation 11, 15 (8549) (8441) (8549) (8441) Employee & related 26 (27 014) (24 193) - - Personnel services   (116 390) (40 737) (150 609) (65 758) Finance costs 6 (9247) (9458) (9247) (9458) 11, 13, 14, (Loss) / Gain on Revaluation / Impairment (4660) (1697) (4660) (193) 15 Change in fair value less estimated point of sale costs 12 (16 304) - (16 304) - Total Expenses   (395 971) (289 134) (403 176) (289 814) Profit/(Loss) Before Income Tax   (76 910) 126 814 (84 115) 128 806             Income tax (expense)/benefit 7 2488 (50 385) 2488 (50 385) Profit/(Loss) for the Year   (74 422) 76 429 (81 627) 78 421             Other comprehensive income           Revaluation of property, plant and equipment   55 053 (259) 55 053 (259) Defined benefit plan actuarial gains/(losses)   (7205) (830) - - Income tax on other comprehensive income   (15 885) 119 (15 885) 119 Total Other Comprehensive Income for the Year 31 963 (970) 39 168 (140) Net of Income Tax               Total Comprehensive Income for the Year   (42 459) 75 459 (42 459) 78 281 The above Statement of Comprehensive Income should be read in conjunction with the accompanying notes. 52 Forests NSW Annual Report 2011–12 Social, Environmental and Economic Performance


Forest NSW Annual Report 2012
To see the actual publication please follow the link above