annual report - City of Bayswater

Income Statements
for the year ended 30 June 2009
Income Statement by Nature or Type
Operating Income
Main Entity
Consolidated
Note 08/09 BUDGET 07/08 08/09 07/08
Rates & Charges 25,876,234 25,973,536 24,292,583 25,876,234 24,292,583
Income from Council Fees
and Charges 22 14,055,745 13,163,925 13,131,833 16,317,466 15,095,071
Other Income From
Property 160,116 248,775 117,810 160,116 117,810
Grants & Subsidies 17 6,387,600 6,384,981 5,594,275 7,387,185 6,837,600
Reimbursements/
Contributions 1,731,129 1,534,123 1,705,418 1,739,629 1,717,853
Interest Earned 2,055,795 1,666,228 2,068,398 2,135,327 2,129,072
Other 168,514 391,900 70,474 168,514 70,474
Total Operating Income $50,435,133 $49,363,468 $46,980,791 $53,784,471 $50,260,463
Operating Expenses
Employee Costs
Salaries & Wages 16,805,428 16,887,247 15,585,078 19,178,647 17,794,064
Superannuation 1,880,433 1,779,306 1,562,729 2,086,790 1,749,611
Workers Compensation 512,684 360,618 351,281 531,718 384,971
Conferences/Training 258,253 301,600 234,350 267,022 245,079
$19,456,798 $19,328,771 $17,733,438 $22,064,177 $20,173,725
Utility Charges 1,487,308 1,376,820 1,416,353 1,516,548 1,441,798
Insurance 549,092 583,280 412,498 577,333 440,936
Depreciation 8,461,912 10,083,019 12,684,528 8,525,331 12,736,042
Refuse Services 5,674,058 5,694,783 5,362,456 5,674,058 5,362,456
Materials/Other 15,553,952 13,275,632 14,496,705 16,134,523 15,008,962
$31,726,322 $31,013,534 $34,372,540 $32,427,793 $34,990,194
Total Operating Expenses $51,183,120 $50,342,305 $52,105,978 $54,491,970 $55,163,919
Borrowing Costs
Interest on Financing $240,158 $58,776 $264,849 $240,158 $264,849
Grants/Contributions for
the Development of Assets
Grants & Subsidies 17 $12,431,460 $3,221,931 $3,141,401 $12,431,460 $3,141,401
Disposal of Assets
Profit/(Loss) on Disposal ($49,427) ($134,129) ($157,575) ($49,427) ($152,550)
38 city of bayswater annual report 2008-09