NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
Note 4: Operating Expenses
|
2002 $’000 |
2001 $’000 |
|
Remuneration (for services provided) |
28,751 |
26,508 |
|
|
Separation and redundancy |
109 |
222 |
|
|
Total remuneration |
28,860 |
26,730 |
|
|
Other employee expenses |
320 |
355 |
|
|
29,180 |
27,085 |
The Library contributes to the Commonwealth Superannuation (CSS) and the Public Sector (PSS) Superannuation schemes, which provide retirement, death and disability benefits to employees. Contributions to the schemes are at rates calculated to cover existing and emerging obligations. Current contribution rates are 20.5% of salary (CSS) and 10.6% of salary (PSS). An additional 3% is contributed for employer productivity benefits.
|
Supply of goods and services |
20,657 |
20,461 |
|
|
Operating lease rentals |
1,499 |
1,541 |
|
|
Total |
22,156 |
22,002 |
The Library makes grants to support Australian community organisations to preserve significant documentary heritage collections. The Harold White Fellowships are grants provided to established scholars and writers to work on materials held in the National Collection.
|
Non-profit institutions |
150 |
120 |
|
|
Individuals - Harold White Fellowships |
37 |
55 |
|
|
187 |
175 |
Note 4D - Depreciation and Amortisation
|
Depreciation of National Collection |
4,993 |
1,698 |
|
|
Depreciation of property, plant and equipment |
3,547 |
3,228 |
|
|
Amortisation of leasehold improvements |
4 |
31 |
|
|
Amortisation of intangible assets |
919 |
1,190 |
|
|
9,463 |
6,147 |
The aggregate amounts of depreciation or amortisation expensed during the reporting period, for each class of depreciable assets are as follows:
|
Building |
2,412 |
2,376 |
|
|
Leasehold improvements |
4 |
31 |
|
|
National Collection |
4,993 |
1,698 |
|
|
Other infrastructure, plant and equipment |
1,135 |
852 |
|
|
Intangibles |
919 |
1,190 |
|
|
9,463 |
6,147 |
|
2002 $’000 |
2001 $’000 |
Note 4E - Write-Down of Assets
|
Bad and doubtful debts expense |
|||
|
Receivables for goods and services |
12 |
29 |
|
|
Inventories |
42 |
152 |
|
|
Plant and Equipment – write-off on disposal |
19 |
14 |
|
|
73 |
195 |
Note 4F – Net Loss from Sales of Assets
|
Infrastructure, plant and equipment: |
|||
|
Proceeds from sale |
11 |
9 |
|
|
Net book value at sale |
13 |
29 |
|
|
Net Loss |
2 |
20 |
|
|
Add: plant and equipment written off on disposal (Note 4E) |
19 |
14 |
|
|
Net loss on disposal of property, plant and equipment |
21 |
34 |