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4172.0 - Arts and Culture in Australia: A Statistical Overview, 2004 (Reissue)  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 06/09/2006  Reissue
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Contents >> Literature and Print Media >> Financial Data

FINANCIAL DATA

The Book Publishers Survey was conducted for both the 2001-02 and 2002-03 reference years. The value of the operating profit before tax increased by 76% over this period, from $50.2m in 2001-02 to $88.4m in 2002-03. This led to an increase in the profit margin from 3.3% to 5.6%.

11.2 BOOK PUBLISHERS(a), Income and expense items - 2001-02 and 2002-03

2001-02
2002-03
$m
$m

Income
Sales of books
Australian titles
853.8
877.0
Imported titles
503.0
492.4
Total
1 356.8
1 369.4
Sales of other goods
59.6
73.9
Other sources of income
126.3
135.3
Total income
1 542.7
1 578.6
Expenses
Wages and salaries
249.6
248.6
Royalties and fees paid
93.5
102.3
Other expenses
1 117.3
1 136.8
Total expenses
1 460.4
1 487.7
Operating profit before tax
50.2
88.4

(a) Includes businesses not predominantly involved in book publishing but with $2m or more of book publishing income.
ABS, Book Publishers, 2002-03 (cat. no. 1363.0).


Comparative financial data for the period 2000-01 to 2002-03 is available from the Book Retailers Survey. Bookshops recorded fairly stable performance in terms of sales over this period, although the operating profit before tax fluctuated, with the profit margin declining from 3.6% in 2001-02 to 2.0% in 2002-03.

11.3 BOOKSHOPS(a), Summary of Operations - 2000-01 to 2002-03

2000-01
2001-02
2002-03
$m
$m
$m

Income
Retail sale of new books(b)
933.6
957.4
947.3
Other retail sales
66.5
104.6
98.5
Other income
24.7
33.4
27.6
Total income
1 024.8
1 095.4
1 073.5
Expenses
Purchase of new books
602.1
604.6
590.1
Wages and salaries
140.8
149.0
145.8
Other
274.6
322.8
321.5
Total expenses
1 017.5
1 076.4
1 057.4
Operating profit before tax
22.8
39.0
21.3

(a) Includes only those businesses which are classified according to the ANZSIC as Newspaper, book and stationary retailing and for which the value of new book sales comprises at least 50% of all retail sales.
(b) Includes electronic and audio books.
ABS, Book Retailers, Australia, 2002-03 (cat. no. 1371.0).


The ABS Cultural Funding by Government collection reported that the Australian, state and territory governments contributed a total of almost $30m towards Literature and print media in 2002-03, an increase of more than 16% over the previous year.

11.4 CULTURAL FUNDING BY GOVERNMENT, Literature and print media - 2000-01 to 2002-03

2000-01
2001-02
2002-03
$m
$m
$m

Australian government
22.8
21.9
25.4
State and territory government
4.3
3.6
4.3
Total
27.1
25.5
29.7

ABS, Cultural Funding by Government, Australia, 2002-03 (cat. no. 4183.0).



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