TORRES STRAIT REGIONAL AUTHORITY
Notes to and forming part of the financial statements for the period ended 30 June 2015
Note 4: Income
2015 $'000 |
2014 $'000 |
|
Note 4A: Sale of Goods and Rendering of Services | ||
Sale of goods in connection with | ||
External parties | 161 | 225 |
Total sale of goods | 161 | 225 |
Rendering of services in connection with | ||
External parties | 299 | 292 |
Total rendering of services | 299 | 292 |
Total sale of goods and rendering of services | 460 | 517 |
Note 4B: Interest | ||
Loans | 325 | 352 |
Deposits | 1,417 | 1,778 |
Total interest | 1,742 | 2,130 |
Note 4C: Other Revenue | ||
Rent | 32 | 14 |
Other Government contributions | 15,742 | 14,462 |
Total other revenue | 15,774 | 14,476 |
Gains | ||
Note 4D: Gains from Sale of Assets | ||
Plant and equipment | ||
Proceeds from sale | - | 34 |
Net gains from sale of assets | - | 34 |
Note 4E: Reversals of Previous Asset Write-Downs and Impairments | 244 | |
Reversal of losses from remeasuring loans and receivables | 60 | |
Reversal of impairment losses | 4 | 5 |
Total reversals of previous asset write-downs and impairments | 248 | 65 |
Note 4F: Revenue from Government | ||
Department of Families, Housing, Community Services and Indigenous Affairs | ||
PGPA Act body payment item | - | 16,548 |
Department of the Prime Minister and Cabinet | ||
PGPA Act body payment item | 48,159 | 33,097 |
Total revenue from Government | 48,159 | 49,645 |