Full Year Variance Variance Fav/(Unfav) Operating Income $'000 $'000 $'000 % Grants and 156,384 155,549 835 1% Subsidies User 13,131 13,019 112 1% Charges 29,496 28,984 512 2% Grants Commission 6,116 6,116 - - Total Operating 205,126 203,667 1,459 1% Income Total Operating Expenditure Operating Expenditure Employee Costs Materials and (70,268) (70,094) (173) - Services Other (87,107) (88,946) 1,839 2% Expenses (5,982) (5,996) 14 - (163,357) (165,037) 1,680 1% Net Operating 41,769 38,630 3,139 8% Available Total Capital Income/Expenditure Capital Income/Expenditure Priority (Net) Capital (3,580) (1,561) (2,019) (129%) Grants Capital 7,962 3,960 4,002 101% Contributions 2,899 2,273 626 28% Capital (69,527) (32,864) (36,663) (112%) Expenditure 2,108 - 2,108 100% Special Charge Schemes 6,717 - 6,717 100% Sales (53,421) (28,191) (25,230) (89%) Restructuring Costs Other Income/Expenditure Other Income/Expenditure Interest Income Interest Expense Debt Servicing Principal Priority Projects (Net) 1,404 1,163 241 21%
Full Year Variance Variance Fav/(Unfav) Operating Income Grants and Subsidies User Charges Grants Commission Total Operating Income $'000 $'000 $'000 % 156,384 155,549 835 1% 13,131 13,019 112 1% 29,496 28,984 512 2% 6,116 6,116 - - 205,126 203,667 1,459 1% Operating Expenditure Employee Costs Materials and Services Other Expenses Total Operating Expenditure (70,268) (70,094) (173) - (87,107) (88,946) 1,839 2% (5,982) (5,996) 14 - (163,357) (165,037) 1,680 1% Net Operating Available 41,769 38,630 3,139 8% Capital Income/Expenditure Priority (Net) Capital Grants Capital Contributions Capital Expenditure Special Charge Schemes Sales Total Capital Income/Expenditure (3,580) (1,561) (2,019) (129%) 7,962 3,960 4,002 101% 2,899 2,273 626 28% (69,527) (32,864) (36,663) (112%) 2,108 - 2,108 100% 6,717 - 6,717 100% (53,421) (28,191) (25,230) (89%) Other Income/Expenditure Interest Income Interest Expense Debt Servicing Principal Priority Projects (Net) Restructuring Costs Other Income/Expenditure 1,404 1,163 241 21%
january-2017-executive-summary-and-monthly-finance-report.docx