NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 JUNE 2000
42
Note Consolidated Company
2000 1999 2000 1999
$$ $$
2. OPERATING (LOSS) PROFIT
The operating (loss) profit before 
income tax includes the following 
items of revenue and expense:
Operating Revenue
Rendering of services 14,522,968 26,051,736 ––
Dividend received from 
controlled entity ––– 1,100,000
Rent 390,966 287,737 ––
Interest - other persons 210,840 44,551 185,959 21,319
Interest - related parties – 23,861 ––
15,124,774 26,407,885 185,959 1,121,319
Non Operating Revenue
Proceeds from sale of assets:
Property, plant and equipment 225,000 –––
Expenses
Depreciation:
Leasehold buildings and 
improvements 202,300 145,549 ––
Vessels 382,217 416,918 ––
Vessels - hire purchase 233,908 179,414 ––
Plant and equipment 207,824 362,026 ––
Plant and equipment  
- hire purchase 52,065 75,249 ––
Write off of goodwill – 95,105 ––
Write off of shares - other corporations – 2,647 ––
Bad debts 13,136 29,064 ––
Borrowing costs expensed:
Interest expense - other persons 574,479 743,437 ––
Finance charges - hire purchase 514,889 261,409 ––
Rental - operating leases 88,447 72,384 ––
Employee Entitlements 1,630,357 3,515,875 ––
3. ABNORMAL ITEMS
Included in the operating (loss) profit are the following abnormal items:
Finance costs incurred upon restructure 
of the group financing facilities – 273,430 ––
Applicable income tax – (98,435) ––
– 174,995 ––