Public reporting for financial year ended 30 June 2011
| Port |
$'000 |
Note |
| Harbour Dues |
57,474 |
|
| Wharfage |
40,361 |
|
| River Dues and Other |
886 |
|
| Marine Side Operations Revenue |
98,721 |
|
| Operations Expense - Marine Side Assets |
8,819 |
1 |
| Depreciation - Marine Side Assets |
20,453 |
2 |
| Allocated Overheads - Marine Side Assets |
12,897 |
3 |
| Marine Side Operations Expenses |
42,169 |
|
| Operating Profit from Marine Side Operations |
56,552 |
|
| Marine Side Assets |
1,429,529 |
4 |
Notes:
1. Operations Expense - Marine Side Assets is made up of mainly Repairs & Maintenance costs, and other minor costs, directly related to Channels and Wharves recorded specifically against these activities in the Accounts.
2. Depreciation - Marine Side Assets is the annualised Depreciation and Amortisation costs in the Accounts specifically related to Channels and Wharves.
3. Allocated Overheads - Marine Side Assets is an allocation (44.1%) of representative indirect costs (costs not directly related to income earning operations or capital projects) using allocation bases including relative revenue and relative assets values.
4. Marine Side Assets represent the Channel at replacement cost as assessed by BMT WBM, and the Wharves at depreciated replacement cost. The values are assumed to be applicable as at 1 July 2010 for the purpose of this assessment.
This information has been prepared by Port of Brisbane Pty Ltd and approved by the Board of QPH Property Co Pty Limited. The figures are certified as correct by the Chief Executive Officer.