Administered schedule of comprehensive income for the period ended 30 June 2017

Notes	2017 $’000	2016 $’000	2017 Budget $’000
NET COST OF SERVICES
Expenses
Employee benefits	2.1a	63,215	60,190	64,404
Total expenses		63,215	60,190	64,404
Net cost of services		(63,215)	(60,190)	(64,404)
Total comprehensive loss		(63,215)	(60,190)	(64,404)

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

Budget variances commentary

Explanation of major variances	Affected line items (and statement)
Expenses are within 2 per cent of budget.	Employee benefits $1,189,000 lower than budget