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INFORMATION AND COMMUNICATION TECHNOLOGY (ICT) INDUSTRIES
Total income for ICT specialists in the Manufacturing industry grouping was $3,136 million (m) in 2004-05, with most income coming from sales of goods produced (86.3% or $2,708m). Total sales of goods produced was mainly comprised of: radio, television and communication equipment and apparatus ($891m); other electronic equipment ($808m); and office, accounting and computing equipment ($724m).
In 2004-05, ICT specialists in the Wholesale trade industry grouping reported total income of $31,045m. The majority of this income came from sales of goods purchased for resale (89.3% or $27,722m) including: computer hardware, parts, components and consumables ($15,397m); and communications hardware, parts, components and consumables ($5,080m).
The Telecommunication services industry, which is comprised entirely of ICT-specialist businesses, reported total income of $35,755m in 2004-05. Over 90.0% of this income ($32,468m) came from the provision of telecommunication services. These were in turn mainly comprised of: basic telephone service ($11,414m); mobile and paging services ($9,360m); and other telecommunication services ($5,512m).
The Computer services industry grouping is composed solely of ICT specialists. They reported total income of $22,183m in 2004-05. The major source of income was the provision of computer services ($15,549m) including: hardware consultancy ($3,069m); other software consultancy ($2,959m); and customised software services and solutions ($2,687m). In addition, the Computer services industry grouping earned $4,786m from sales of goods (21.6% of total income).
Operating expenses for ICT specialists in the Manufacturing industry grouping in 2004-05 totalled $2,977m. The major expense items for these businesses were: purchases of materials, components, containers, packing materials, electricity, fuels and water ($1,291m); and labour costs ($803m).
ICT specialists in the Wholesale trade industry grouping reported total operating expenses of $30,048m in 2004-05. By far the largest expense for these businesses was purchases of finished goods for resale ($21,575m). The next largest expense was labour costs ($3,444m).
Total operating expenses for ICT specialists in the Telecommunications industry were $29,704m. The major expenses for this industry grouping in 2004-05 were: other operating expenses ($6,723m); telecommunication services ($6,323m); and depreciation and amortisation ($5,458m).
In 2004-05, ICT specialists in the Computer services industry grouping reported operating expenses of $21,055m. The largest expense items for these businesses were: labour costs ($8,894m); and purchases of finished goods for resale ($4,079m).
ICT-specialist businesses recorded total operating profit before tax (OPBT) of $8,749m in 2004-05. OPBT was highest for ICT specialists in the Telecommunication services industry ($6,192m) and lowest for the Manufacturing industry grouping ($220m). The overall operating profit margin for ICT-specialist businesses was 9.7% in 2004-05. At the industry grouping level, profit margins ranged from a high of 17.7% for Telecommunication services to a low of 3.7% for Wholesale trade.
In 2004-05, businesses with 100 or more employees accounted for 58.4% of all ICT-specialist employment (142,674 people) and 72.5% ($66,767m) of total income earned by all ICT-specialist businesses. In contrast, businesses with 0-19 employees accounted for 27.9% (68,173 people) of ICT employment but only 15.4% ($14,181m) of total income. OPBT for ICT-specialist businesses with 100 or more employees totalled $7,283m in 2004-05. This compares with $881m for ICT-specialist businesses with 0-19 employees, and $584m for those with 20-99 employees.
Table 25.2 shows total income from the production of ICT products in 2004-05 was $54.4b. The majority of this income was attributable to the provision of services, in particular telecommunication services ($32.9b or 61%). Exports of ICT products (including re-exports) in 2004-05 totalled $5.1m; total imports were $22.7m, predominantly ICT hardware. This represented a total trade deficit for ICT goods and services of $17.6m. The largest trade deficits occurred in respect of goods; including consumer audio and video electronics ($4,213m) and radio, television and communication equipment and apparatus ($3,641m). In contrast, small trade surplusses were recorded in respect of computer services ($114m) and telecommunication services ($74m).
The ICT Satellite Account measures the contribution of ICT to the Australian economy (see the National accounts chapter). In 2002-03, the total market value of ICT goods and services produced in Australia after deducting the cost of goods used up in the process of production was $36.2 billion or 4.6% of gross domestic product (GDP) (graph 25.3). The contribution of ICT to Australia's GDP in 2002-03 was equal to that made by the Mining industry.