Department of Foreign Affairs and Trade
Notes to and Forming Part of the Financial Statements

Note 5: Income

2015 2014
  $’000 $’000
Note 5A: Sale of Goods and Rendering of Services
Sale of goods in connection with
    External parties 285 38
Total sale of goods 285 38
   
Rendering of services in connection with
    Related parties 96,711 91,867
    External parties 7,957 9,177
Total rendering of services 104,668 101,044
Total sale of goods and rendering of services 104,953 101,082

 

Note 5B: Other Revenue
Foreign tax refunds 4,379 3,613
Sponsorship revenue 1,566 939
Resources received free of charge – remuneration of auditors 680 832
Other revenue 3,977 1,187
Total other revenue 10,602 6,571

 

Note 5C: Sale of Assets
Land and buildings:  
    Proceeds from sale 730 341
    Carrying value of assets sold (774) (494)
    Selling expense (83) (19)
Property, plant and equipment:
    Proceeds from sale 930 1,718
    Carrying value of assets sold (259) (574)
Leasehold Improvements:
    Proceeds from sale 1 15
    Carrying value of assets sold (9) (15)
Net gain from sale of assets 536 972

 

Note 5D: Reversals of Previous Asset Write-Downs and Impairment
Assets previously expensed 27 330
Reversal of inventory write-down 7
    Total reversals of previous asset write-downs and impairments 34 330

 

Note 5E: Revenue from Government
DFAT
    Appropriations
        Departmental appropriations 1,303,974 1,209,776
Total revenue from Government (DFAT) 1,303,974 1,209,776
AusAID
    Appropriations
        Departmental appropriations 117,917
    Total revenue from Government (AusAID) 117,917
Total revenue from Government 1,303,974 1,327,693