Consolidated income statement
For the year ended 30 June 2012
Consolidated
30 June
30 June
2012
2011
Notes
$’000
$’000
Revenue from continuing operations
4
640,358
629,257
Other income from continuing operations
4
49,771
55,647
Total revenue and other income from
continuing operations
4
690,129
684,904
Employee benefits expense
(122,208)
(120,831)
Human resources & training
(4,240)
(4,030)
Minor equipment/Service agreements
(5,222)
(4,319)
Property & related costs
(7,484)
(6,858)
Train control communications
(9,489)
(8,965)
Communications expenses
(3,040)
(3,223)
Motor vehicle expenses
(7,206)
(7,307)
Legal fees
(1,883)
(1,581)
Insurance & accreditation
(8,349)
(7,874)
Travel & accommodation
(4,467)
(4,639)
Operating lease expense
(2,963)
(4,137)
Project and development expenses
(3,043)
(2,812)
Infrastructure maintenance
(189,560)
(229,107)
Incident costs
(28,763)
(31,295)
Depreciation and amortisation expense
5
(137,566)
(95,163)
Recognition of impairment loss
1(o)(i),16(c)
(290,206)
(434,235)
Loss on sale of fixed assets
(5,894)
(1,253)
Other expenses
(5,589)
(4,592)
Expenses, excluding net finance costs
(837,172)
(972,221)
Results from operating activities
(147,043)
(287,317)
Net finance costs
5
(18,527)
(11,756)
(Loss) before income tax
(165,570)
(299,073)
Income tax (expense)/benefit
6
(54,357)
249,435
(Loss) for the year
(219,927)
(49,638)
(Loss) is attributable to:
Equity holders of Australian Rail Track Corporation Ltd
(219,927)
(49,638)
The above consolidated income statement should be read in conjunction with the accompanying notes.
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