| Industry Value Added (IVA) | Gross Value Added (GVA) | Operating Profit Before Tax (OPBT) |
|
| Sales of minerals and goods | Industry Value Added | Sales of minerals and goods |
| + Income from services | + Adjustments for balancing supply and use between industries | + Income from services |
| + Rent, leasing and hiring income | - Inventory holding adjustments (1) | + Rent, leasing and hiring income |
+ Government funding for operational costs (e.g. wages and salaries,
rent) | - Adjustments for services provided by banks and other financial intermediaries, the cost of which is included in the interest paid and interest received | + Government funding for operational costs (e.g. wages and salaries,
rent) |
| + Capitalised wages and salaries | - Adjustments for services provided by insurance enterprises, the cost of which is included in the premium | + Government funding provided for specific capital items |
| + Closing inventories | - Adjustments to remove the effects of taxes and subsidies | + Interest income |
| - Opening inventories |  | + Dividend income |
| - Purchases of materials, components, containers, packaging materials, electricity, gas, coal, diesel oil and fuel, other petroleum products, other fuels, water, minerals and other goods for resale | | + Natural resource royalties income |
| - Rent, leasing and hiring expenses | | + Other income |
| - Freight and cartage expenses | | + Closing inventories |
| - Motor vehicle running expenses | | - Opening inventories |
| - Repair and maintenance expenses | | - Wages and salaries including provisions for employee
entitlements |
| - Contract, sub-contract and commission expenses | | - Employer contributions into superannuation including
salary sacrifice |
| - Bank charges other than interest | | - Workers compensation premiums/costs |
| - Payment to employment agencies for staff | | - Purchases of materials, components, containers, packaging materials, electricity, gas, coal, diesel oil and fuel, other petroleum products, other fuels, water, minerals and other goods for resale |
| - Other operating expenses | | - Rent, leasing and hiring expenses |
| | - Freight and cartage expenses |
| | - Motor vehicle running expenses |
| | - Repair and maintenance expenses |
| | - Contract, sub-contract and commission expenses |
| | - Bank charges other than interest |
| | - Payment to employment agencies for staff |
| | - Payroll tax |
| | - Fringe benefits tax |
| | - Land tax and land rates |
| | - Computer software expensed |
| | - Depreciation and amortisation |
| | - Insurance premiums |
| | - Bad and doubtful debts |
| | - Natural resource royalties expenses |
| | - Interest expenses |
| | - Other operating expenses |
Note: (1) Inventory holding adjustments are adjustments made to remove the effect of gains or losses from the changes in the value of inventories that are the result of price changes. |
