4172.0 - Arts and Culture in Australia: A Statistical Overview, 2009  
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Contents >> Output of Cultural Industries >> ECONOMIC AND FINANCIAL PERFORMANCE

ECONOMIC AND FINANCIAL PERFORMANCE

Australian Industry, 2007-08 (cat. no. 8155.0) has more detailed data on selected cultural industries, which is provided in table 6.3, at the sub-division level. Information about industry classifications (such as sub-divisions) can be found in Australian and New Zealand Standard Industrial Classification (ANZSIC), 2006 edition (cat. no. 1292.0).

Between 2006-07 and 2007-08, the number of people employed in Heritage activities increased by 17% (1,000 employees). Motion and sound recording activities also recorded an increase (15% or 4,000 people) in the same period.

The largest percentage increase in total income during 2007-08 was 16% ($851m) for Motion Picture and sound recording activities, followed by Heritage activities (10% or $67m).

Broadcasting (except internet) had the greatest increase of operating profits before tax in 2007-08, at 50%, followed by Heritage activities (18%) and Printing (including the reproduction of recorded media) at 13%. Publishing (except internet and music publishing) was the only other selected cultural industry to record an increase in operating profits before tax (6%).

Publishing (except internet and music publishing) had the highest industry value added in 2007-08 at $7,232m, followed by Printing (including the reproduction of recorded media) ($3,974m) and Broadcasting (except internet) ($3,788m). Publishing (except internet and music publishing) also had the highest percentage of businesses making a profit at 80%, closely followed by Internet publishing and broadcasting at 79% and Heritage activities at 75%.

6.3 INDUSTRY PERFORMANCE, By selected subdivision - 2006-07 and 2007-08

ANZSIC subdivision
2006-07
2007-08

Printing (including the reproduction of recorded media)
Employment at end of June(a) '000
^50
48
Sales and service income(b) $m
9 361
9 429
Total income $m
9 466
9 666
Total expenses $m
8 724
8 827
Industry value added(c) $m
3 883
3 974
Operating profit before tax(c) $m
^752
*852
Industry value added per person employed(d) $'000
77
82
Percentage of businesses that made a profit %
76
69
Percentage of businesses that broke even %
1
-
Percentage of businesses that made a loss %
23
30
Publishing (except internet and music publishing)
Employment at end of June(a) '000
48
47
Sales and service income(b) $m
12 665
^12 982
Total income $m
12 782
^13 234
Total expenses $m
9 943
^10 243
Industry value added(c) $m
6 575
^7 232
Operating profit before tax(c) $m
2 839
*3 005
Industry value added per person employed(d) $'000
138
152
Percentage of businesses that made a profit %
72
80
Percentage of businesses that broke even %
-
-
Percentage of businesses that made a loss %
28
20
Motion picture and sound recording activities
Employment at end of June(a) '000
27
31
Sales and service income(b) $m
5 024
5 831
Total income $m
^5 222
6 073
Total expenses $m
^4 469
5 708
Industry value added(c) $m
1 914
2 048
Operating profit before tax(c) $m
^761
**408
Industry value added per person employed(d) $'000
70
66
Percentage of businesses that made a profit %
69
65
Percentage of businesses that broke even %
1
3
Percentage of businesses that made a loss %
30
32
Broadcasting (except internet)
Employment at end of June(a) '000
19
18
Sales and service income(b) $m
8 616
8 310
Total income $m
9 114
8 814
Total expenses $m
7 821
6 895
Industry value added(c) $m
3 593
3 788
Operating profit before tax(c) $m
^1 301
1 954
Industry value added per person employed(d) $'000
191
211
Percentage of businesses that made a profit %
65
69
Percentage of businesses that broke even %
-
-
Percentage of businesses that made a loss %
35
31
Internet publishing and broadcasting
Employment at end of June(a) '000
3
3
Sales and service income(b) $m
717
np
Total income $m
^758
np
Total expenses $m
^537
572
Industry value added(c) $m
^419
np
Operating profit before tax(c) $m
*225
np
Industry value added per person employed(d) $'000
125
np
Percentage of businesses that made a profit %
64
79
Percentage of businesses that broke even %
1
1
Percentage of businesses that made a loss %
36
20
Library and other information services
Employment at end of June(a) '000
2
2
Sales and service income(b) $m
284
^295
Total income $m
315
320
Total expenses $m
274
291
Industry value added(c) $m
118
^129
Operating profit before tax(c) $m
*41
*29
Industry value added per person employed(d) $'000
72
86
Percentage of businesses that made a profit %
69
64
Percentage of businesses that broke even %
2
1
Percentage of businesses that made a loss %
29
36
Heritage activities
Employment at end of June(a) '000
6
^7
Sales and service income(b) $m
466
499
Total income $m
655
722
Total expenses $m
538
581
Industry value added(c) $m
287
307
Operating profit before tax(c) $m
^120
^142
Industry value added per person employed(d) $'000
47
46
Percentage of businesses that made a profit %
66
75
Percentage of businesses that broke even %
2
-
Percentage of businesses that made a loss %
31
25
Creative and performing arts activities
Employment at end of June(a) '000
35
35
Sales and service income(b) $m
2 928
2 608
Total income $m
3 381
3 003
Total expenses $m
2 708
2 419
Industry value added(c) $m
1 437
^1 373
Operating profit before tax(c) $m
^678
^587
Industry value added per person employed(d) $'000
41
40
Percentage of businesses that made a profit %
71
72
Percentage of businesses that broke even %
2
3
Percentage of businesses that made a loss %
27
25

^ estimate has a relative standard error of 10% to less than 25% and should be used with caution
* estimate has a relative standard error of 25% to 50% and should be used with caution
** estimate has a relative standard error greater than 50% and is considered too unreliable for general use
- nil or rounded to zero (including null cells)
np not available for publication but included in totals where applicable, unless otherwise indicated
(a) Includes working proprietors.
(b) Includes rent, leasing and hiring income.
(c) The size of the RSE may be a misleading indicator of the reliability of some of the estimates for OPBT and IVA. It is possible for an estimate to legitimately include positive and negative values, reflecting the financial performance of individual businesses. In this case, the aggregated estimate can be small relative to the contribution of individual businesses, resulting in a standard error which is large relative to the estimate.
(d) Calculated using estimates of employment which include working proprietors and partners.
Source: Australian Industry, 2007-08 (cat. no. 8155.0).






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