Australian Government: Grains Research and Development CororationGRDC Annual Report 2005-2006

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Notes to and forming part of the Financial Statements

For the year ended 30 June 2006

In this section:

Note 6: Operating Expenses


Note 6A - Research and development expenses
2006 Cross-Commodity Coarse Grains Grain Legumes Oilseeds Wheat Total
  $'000 $'000 $'000 $'000 $'000 $'000
National 49,880 3,457 157 695 10,459 64,648
Northern Region 7,909 2,461 1,635 2,034 1,220 15,259
Southern Region 13,800 779 1,218 1,885 1,610 19,292
Western Region 9,459 263 2,242 464 3,702 16,130
TOTAL 81,048 6,960 5,252 5,078 16,991 115,329
2005 69,394 8,863 7,664 4,355 16,079 106,355

The aforementioned classification of national and regional payments is usually based on investment recommendations by the three Regional Panels and the National Panel. The project outcomes may, however, have impacts across one or more regions.

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6B. Employee expenses 2006 2005
  $'000 $'000
Salaries 4,470 4,206
Superannuation 689 567
Leave and other entitlements 6 67
Separation and redundancies - 119
Total employee benefits expenses 5,165 4,959
Payroll tax 289 262
Other 19 13
Total employee expenses 5,473 5,234
6C. Supplier expenses $'000 $'000
Supply of goods and services from external entities 5,305 5,469
Operating lease rentals* 20 59
  5,325 5,528
6D. Depreciation and amortisation $'000 $'000
Depreciation of property, plant and equipment 322 236
Amortisation of intangible assets 102 125
  424 361
The aggregate of depreciation or amortisation expensed during the reporting period for each class of depreciable asset are as follows:
Buildings 160 80
Plant and equipment 162 156
Intangibles 102 125
  424 361
6E. Write-down and impairment of assets $'000 $'000
Investments (shares) - revaluation decrement 169 2,050
* These comprise minimum lease payments only.

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