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 |