ANNUAL REPORT 2004–05 - V/Line

STATEMENT OF FINANCIAL PERFORMANCEFOR THE YEAR ENDING 30 JUNE 2005NOTES CONSOLIDATED PARENT2005 $’000 2004 $’000 2005 $’000 2004 $’00012 MONTHS 11.5 MONTHS 12 MONTHS 11.5 MONTHSRevenue from ordinary activitiesRevenues from operating activities 2 206,665 125,648 - -Revenues from non-operating activities 2 8,225 137,890 - 136,769214,890 263,538 - 136,769Expenses from ordinary activities 3Operational expenses 175,694 110,821 - -Administrative expenses 27,318 19,140 - -Selling expenses 2,695 1,690 - -Marketing and communication expenses 2,780 989 - -Customer service expenses 1,911 1,604 - -Diminution of Investment - - 955 10,697Other expenses 5,142 3,157 - -215,540 137,401 (955) 10,697Result from ordinary activities (650) 126,137 (955) 126,072Tax equivalent expense 4 - - - -Net result for the reporting period 13 (a) (650) 126,137 (955) 126,072Total changes in equity (650) 126,137 (955) 126,072THE ABOVE STATEMENT OF FINANCIAL PERFORMANCE SHOULD BE READ IN CONJUNCTION WITH THE ACCOMPANYING NOTESV/LINE ANNUAL REPORT 2004-05|43