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CONSOLIDATED INCOME STATEMENT
FOR THE YEAR ENDED 30 JUNE 2016
Consolidated
Notes
2016
$’000
2015
$’000
Revenue from continuing operations
Access revenue
5(a)
755,705
758,375
Interest revenue
10,286
6,395
Total revenue
765,991
764,770
Other income
Incident and insurance recovery
5(d)
2,508
23,157
Government grants
69,523
54,620
Profit/(loss) on sale of fixed assets
371
233
Net foreign exchange gains
6
99
Other income
16,854
15,222
Total other income
89,262
93,331
Total revenue and other income
855,253
858,101
Employee benefits expense
5(b)
(166,848)
(161,579)
Infrastructure maintenance
(188,185)
(160,697)
Depreciation and amortisation expense
5(c)
(191,490)
(182,939)
Reversal/(recognition) of impairment
8(b)
3,015
(25,525)
Incident costs
5(d)
(7,109)
(23,541)
Operating lease
(7,223)
(6,350)
Other expenses
(63,494)
(65,918)
Expenses, excluding finance costs
(621,334)
(626,549)
Profit from operating activities
233,919
231,552
Finance costs
5(e)
(42,141)
(43,518)
Profit before income tax
191,778
188,034
Income tax (expense)/benefit
7(a)
(74,212)
(53,436)
Net Profit after tax
117,566
134,598
Profit is attributable to:
Equity holder of Australian Rail Track Corporation Ltd
117,566
134,598
The above consolidated income statement should be read in conjunction with the accompanying notes.
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