Go to top of page

Administered schedule of comprehensive income

  Notes 2016
$'000
2015
$'000
2016 Budget
$'000
NET COST OF SERVICES
Expenses
Employee benefits 2.1a 60,190 61,338 63,141
Total expenses   60,190 61,338 63,141
Income
Gains
Other gains   - 2 -
Total gains   - 2 -
Total income   - 2 -
Net cost of services   (60,190) (61,336) (63,141)
Total comprehensive loss   (60,190) (61,336) (63,141)

Budget Variances Commentary

Explanation of variances over $1,000,000 Affected line items (and statement)
Employee benefits were lower than budget due to the dissolution of the House of Representatives in May 2016. As a result, the retiring members received their last pay in May. Due to the dissolution no additional allowances were paid to parliamentarians who were Chairs of Committees. Employee benefits$2,951,000 lower than budget

The above schedule should be read in conjunction with the accompanying notes.