Australian Public Service Commission
Statement of financial performance

for the year ended 30 June 2005

	Notes	2005 $’000	2004 $’000
Revenues from ordinary activities
Revenues from Government	4a	17,195	16,506
Goods and services	4b	15,385	12,327
Revenue from sale of assets	4c	19	20
Total revenues from ordinary activities		32,599	28,853
Expenses from ordinary activities (excluding borrowing costs expense)
Employees	5a	16,189	15,061
Suppliers	5b	14,437	14,026
Depreciation and amortisation	5c	1,128	933
Write-down of assets	5d	8	14
Value of assets sold	4c	16	24
Total expenses from ordinary activities (excluding borrowing costs expense)		31,778	30,058

Borrowing costs expense	6	38	24

Net surplus / (deficit) from ordinary activities		783	(1,229)
Net credit to asset revaluation reserve	12a	-	25
Increase to asset revaluation reserve on initial application of fair value under accounting standard AASB 1041 Revaluation of Non-current Assets	12a	-	175
Total revenues, expenses and valuation adjustments recognised directly in equity		783	(1,029)

Total changes in equity other than those resulting from transactions with the Australian Government as owner		783	(1,029)

The above statement should be read in conjunction with the accompanying notes