Consolidated
Notes
2014
$’000
Restated
2013
$’000
Revenue from continuing operations
4
722,845
665,963
Other income from continuing operations
4
56,468
62,820
Total revenue and other income from continuing operations
4
779,313
728,783
Employee benefits expense
5
(155,288)
(125,027)
Human resources and training
(4,731)
(4,383)
Minor equipment/Service agreements
(6,382)
(5,561)
Property and related costs
(9,441)
(8,444)
Train control communications
(9,406)
(9,117)
Communications expenses
(3,171)
(2,786)
Motor vehicle expenses
(9,096)
(6,779)
Legal fees
(1,112)
(756)
Insurance and accreditation
(8,582)
(8,398)
Travel and accommodation
(4,418)
(4,572)
Operating lease expense
(5,527)
(3,590)
Project and development expense
(2,924)
(2,270)
Infrastructure maintenance
(136,518)
(174,630)
Incident costs
(5,439)
(21,499)
Depreciation and amortisation expense
5
(173,177)
(157,851)
Reversal/(Recognition) of impairment loss
1(p), 8(c)
2,060
(481,990)
Other expenses
(6,112)
(11,099)
Expenses, excluding net finance costs
(539,264)
(1,028,752)
Profit/(Loss) from operating activities
240,049
(299,969)
Net Finance costs
5
(51,071)
(27,184)
Profit/(Loss) before income tax
188,978
(327,153)
Income tax (expense)/benefit
7
(25,335)
125,119
Net Profit/(Loss) after tax
163,643
(202,034)
Profit/(Loss) is attributable to:
Equity Holders of Australian Rail Track Corporation Ltd
163,643
(202,034)
CONSOLIDATED INCOME STATEMENT
FOR THE YEAR ENDED 30 JUNE 2014
The above consolidated income statement should be read in conjunction with the accompanying notes.
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