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