8415.0 - Mining Operations, Australia, 2012-13 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 04/06/2014   
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OIL AND GAS EXTRACTION 2012-13

2011-12
2012-13
2011-12
to
2012-13
%
Employment at end June
no.
17 537
18 682
6.5
Wages and salaries
$m
3 401
3 737
9.9
Sales and service income
$m
35 196
38 822
10.3
Total income
$m
42 646
53 727
26.0
Total expenses
$m
24 480
28 410
16.1
Operating profit before tax (OPBT)
$m
18 383
25 686
39.7
Earnings before interest, tax, depreciation and amortisation (EBITDA)
$m
20 374
21 613
6.1
Industry value added (IVA)
$m
27 847
29 682
6.6


KEY POINTS
  • During 2012-13, sales and service income for the Australian Oil and gas extraction industry was $38.8b, indicating growth of 10.3% between 2011-12 and 2012-13.
  • Total income grew 26% ($11.1b) over the same period.
  • Employment grew 6.5% to 18,682 people at end June 2013.
  • Wages and salaries rose 9.9% to $3.7b between 2011-12 and 2012-13.
  • Total expenses grew by 16.1% to $28.4b.
  • OPBT rose by 39.7% to $25.7b, while EBITDA and IVA also rose, by 6.1% and 6.6% respectively.


CAPITAL EXPENDITURE

During 2012-13 total capital expenditure for the Oil and gas extraction industry was $53.8b, mainly comprising expenditure of $49.4b on dwellings, other buildings and structures. Gross fixed capital formation was $50.5b.