Contents

• Letter of Presentation
• Chair Report
• CEO Report
• Our Company’s
  Purpose, Vision & Values
• The Board of Directors
  • + Member Directors
  • + Non-Member Directors
• Offices
• Executive Team
• Management &
  Operational Structure
• Corporate Governance
• Human Resource Management
• Our Community
  Our Service
• Overview of NTSCORP Operations
  • + Overview of Native Title &    Related Applications
  • + Facilitation & Assistance    Function
  • + Other Functions
  • + Report on Performance by    Matter

Financial Report

• Directors’ Report
  • + Information on Directors
  • + Meeting of Directors
• Auditors’ Independence Declaration
• Income Statement
• Balance Sheet
• Statement of Recognised Income & Expenditure
• Cash Flow Statement
• Notes to the Financial Statements
• Directors’ Declaration
• Independent Auditor’s Report
• Disclaimer of Opinion
• Detailed Income Statement

• Appendix
• Abbreviations

Income Statement.

For the year ended 30 June 2008

	Note	2008	2007
Revenue	2	4,201,334	4,180,188
Employee benefits	3	(2,208,081)	(1,902,758)
Depreciation and amortisation	3	(114,651)	(85,430)
Bad and doubtful debts	3	(292,676)	141,454
Financial costs	3	(7,509)	(7,831)
Operating leases	3	(51,370)	(58,549)
Other expenses	3	(1,683,244)	(2,210,101)
(Deficit)/Surplus before income tax		(156,197)	56,973
Income tax expense	1	-	-
(Deficit)/Surplus after income tax		(156,197)	56,973
(Deficit)/Surplus from operations		(156,197)	56,973

The accompanying notes form part of these financial statements

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