Amortisation for intangible assets with finite useful lives is calculated for the period of the expected benefit (estimated useful life which is Note 9 Grants and subsidies reviewed annually) on the straight line basis. All intangible assets controlled by the Commission have a finite useful life and zero residual 2018 2017 $000 $000 value. The expected useful lives for each class of intangible asset are: Government agency grants 355 220 Software (a) - 3 years Scholarships 10 27 Licences - 3 years. External grants 677 643 (a) Software that is not integral to the operation of any related hardware. Total grants expense 1042 890 Note 8 Accommodation expenses 2018 2017 2018 2017 $000 $000 $000 $000 Grants to government agencies - (refer also to Note 12 Lease rentals 2468 2401 'Related party transactions') Total accommodation expenses 2468 2401 Department of the Premier and Cabinet 303 1 Accommodation expenses Department of Education 11 1 Operating lease payments are recognised on a straight line basis over Department of Health of WA 6 12 the lease term, except where another systematic basis is more Department of Transport 6 11 representative of the time pattern of the benefits derived from the use of Department of Communities 5 - the leased asset. [AASB 117.33] Western Australia Police 4 4 The Commission holds operating leases for its office accommodation. Operating lease payments are expensed on a straight line basis over WA Country Health Service 4 2 the lease term as this represents the pattern of benefits derived from South Metropolitan TAFE 3 7 the leased property. WA Country Health Service - Kimberley 3 5 Repairs, maintenance and cleaning costs are recognised as expenses Department of Jobs, Tourism, Science and Innovations 3 5 as incurred. Workcover WA 2 2 Department of Primary Industries and Regional 2 6 Development
Amortisation for intangible assets with finite useful lives is calculated for the period of the expected benefit (estimated useful life which is reviewed annually) on the straight line basis. All intangible assets controlled by the Commission have a finite useful life and zero residual value. The expected useful lives for each class of intangible asset are: Software (a) - 3 years Licences - 3 years. (a) Software that is not integral to the operation of any related hardware. Note 8 Accommodation expenses 2018 $000 2017 $000 Lease rentals 2468 2401 Total accommodation expenses 2468 2401 Accommodation expenses Operating lease payments are recognised on a straight line basis over the lease term, except where another systematic basis is more representative of the time pattern of the benefits derived from the use of the leased asset. [AASB 117.33] The Commission holds operating leases for its office accommodation. Operating lease payments are expensed on a straight line basis over the lease term as this represents the pattern of benefits derived from the leased property. Repairs, maintenance and cleaning costs are recognised as expenses as incurred. Note 9 Grants and subsidies 2018 $000 2017 $000 Government agency grants 355 220 Scholarships 10 27 External grants 677 643 Total grants expense 1042 890 2018 $000 2017 $000 Grants to government agencies - (refer also to Note 12 'Related party transactions') Department of the Premier and Cabinet 303 1 Department of Education 11 1 Department of Health of WA 6 12 Department of Transport 6 11 Department of Communities 5 - Western Australia Police 4 4 WA Country Health Service 4 2 South Metropolitan TAFE 3 7 WA Country Health Service - Kimberley 3 5 Department of Jobs, Tourism, Science and Innovations 3 5 Workcover WA 2 2 Department of Primary Industries and Regional Development 2 6
psc_annual_report_2017-18.docx