Note 3: Expenses

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TORRES STRAIT REGIONAL AUTHORITY

Notes to and forming part of the financial statements for the period ended 30 June 2015

Note 3: Expenses

	2015 $'000	2014 $'000
Note 3A: Employee Benefits
Wages and salaries	12,232	11,375
Superannuation
Defined contribution plans	2,020	1,081
Defined benefit plans	469	424
Leave and other entitlements	1,991	1,737
Total employee benefits	16,712	14,617
Note 3B: Suppliers
Goods and services supplied or rendered
Consultants and professional fees	6,314	5,998
Travel	3,158	3,106
Repairs and maintenance	831	1,161
Other staff costs	414	783
Office running costs	1,413	1,353
Property costs	473	487
Transport, freight and storage	647	706
Media, advertising and public relations	319	363
Other	3,529	1,450
Total goods and services supplied or rendered	17,098	15,407
Goods supplied in connection with
External Parties	342	324
Total goods supplied	342	324
Services rendered in connection with
External Parties	16,756	15,083
Total services rendered	16,756	15,083
Total goods and services supplied or rendered	17,098	15,407
Other supplier expenses
Operating lease rentals in connection with
External Parties
Minimum lease payments	1,139	1,100
Workers compensation expenses	120	1
Total other suppliers	1,259	1,101
Total suppliers	18,357	16,507

TORRES STRAIT REGIONAL AUTHORITY

Notes to and forming part of the financial statements for the period ended 30 June 2015

	2015 $'000	2014 $'000
Note 3C: Grants
Public sector:
Australian Government entities (related parties)	3,181	440
State and Territory Governments	516	-
Local Governments	13,214	16,675
Private sector:
Non-profit organisations	4,959	8,080
For-profit organisations	7,480	6,565
Total grants	29,350	31,760
Note 3D: Depreciation
Depreciation:
Buildings	808	743
Plant and equipment	517	507
Total depreciation	1,325	1,250
Note 3E: Finance Costs
Finance costs
Write down of loans to net present value	91	135
Total finance costs	91	135
Finance costs are comprised of amortisation charges for new loan advances and amortisation charges as a result of revaluations to the total concessional loan portfolio using current market interest rates.
Note 3F: Write-Down and Impairment of Assets
Asset writedowns and impairments from:
Receivables goods and services - external parties provided for as impaired	-	1
Total write-down and impairment of assets	-	1
Note 3G: Loss on disposal of non-financial assets
Carrying value of assets disposed	70	-
*Total loss on disposal of non-financial assets*	70	-