Note 4: Income

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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 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