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QUEENSLAND ART GALLERY ANNUAL REPORT 2007–08
APPENDIXES
88
2. Other Revenue
Economic Economic Parent Parent
Entity Entity Entity Entity
2008 2007 2008 2007
$'000 $'000 $'000 $'000
Donations and bequests
7117 1496
300 300
Donations - assets
-
-
2176 2811
Exhibition income and scholarships 1775 295
3819 295
Goods received at below fair value
-
12
-
12
Grants
2082 129
2082
1399
Investment income
697
955
-
-
Interest
619 655
525
653
Unrealised gain on investments at
fair value through profit and loss
-
2186
-
-
Transfer of furniture and fittings
from Arts Queensland
-
7850
-
7850
Other
1366 668
1302 570
Total
13 656 14 246 10 204 13 890
3. Gains
Gains on Sale of Property,
Plant and Equipment
Plant and equipment
12
12
12
12
Total
12
12
12
12
4. Employee Expenses
Employee Benefits
Salaries and wages
10 684 9845 10 684 9845
Employer superannuation
contributions *
1483
1303 1483 1303
Recreation leave expenses
1040 1021 1040 1021
Overtime and allowances
1325 1002 1325 1002
Redundancy payments
300 348
300 348
Long service leave levy *
243 214
243
214
Employee Related Expenses
Payroll and fringe benefits tax *
851 740
851
740
Staff recruitment and training
149
246
149
246
Workers' compensation premium *
50
37
50
37
Other employee related expenses
117
88
117
88
Total
16 242 14 844 16 242 14 844
* Costs of workers' compensation insurance and payroll tax are a consequence
of employing employees, but are not counted in employees' total
remuneration package. They are not employee benefits, but rather
employee related expenses. Employer Superannuation Contributions
and the long service leave levy are regarded as employee benefits.
The number of employees, including both full-time employees and part-time
employees, measured on a full-time equivalent basis is:
Number of Employees
240 194 240 194
Executive Remuneration
Economic Economic Parent Parent
Entity Entity Entity Entity
2008 2007 2008 2007
$'000 $'000 $'000 $'000
The number of senior executives who received or were due to receive total
remuneration of $100,000 or more:
$120,000 to $139,999
1
-
1
-
$160,000 to $179,999
1
1
1
1
$180,000 to $199,999
-
2
-
2
$200,000 to $219,999
1
-
1
-
$240,000 to $259,999
-
2
-
2
$280,000 to $299,999
1
-
1
-
Total
4
5
4
5
The total remuneration of
executives shown above ** ($'000)
812 1053 812 1053
** The amount calculated as executive remuneration in these financial
statements includes the direct remuneration received, as well as items
not directly received by senior executives, such as the movement in leave
accruals and fringe benefits tax paid on motor vehicles. This amount will
therefore differ from advertised remuneration packages which do not
include the latter items.
The total amount of separation
and redundancy / termination
benefit payments during the year
to executives shown above:
165 319 165 319