CONSOLIDATED INCOME STATEMENT
FOR THE YEAR ENDED 30 JUNE 2015
Consolidated
Notes
2015
$’000
2014
$’000
Revenue from continuing operations
Access revenue
758,375
716,360
Interest revenue
6,395
6,485
Total revenue
764,770
722,845
Other income
Incident and insurance recovery
3
23,157
-
Government grants
54,620
36,458
Profit/(loss) on sale of fixed assets
233
5,532
Net foreign exchange gains
99
-
Other income
15,222
14,478
Total other income
93,331
56,468
Total revenue and other income
858,101
779,313
Employee benefits expense
3
(161,579)
(155,288)
Infrastructure maintenance
(160,697)
(136,518)
Depreciation and amortisation expense
3
(182,939)
(173,177)
(Recognition)/reversal of impairment
6(c)
(25,525)
2,060
Incident costs
3
(23,541)
(5,439)
Other expenses
(72,268)
(70,902)
Expenses, excluding finance costs
(626,549)
(539,264)
Profit from operating activities
231,552
240,049
Finance costs
3
(43,518)
(51,071)
Profit before income tax
188,034
188,978
Income tax (expense)/benefit
5(a)
(53,436)
(25,335)
Net Profit after tax
134,598
163,643
Profit is attributable to:
Equity holder of Australian Rail Track Corporation Ltd
134,598
163,643
The above consolidated income statement should be read in conjunction with the accompanying notes.
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