EXPLORATION AND OTHER MINING SUPPORT SERVICES 2013-14
|
 |  | 2011-12 | 2012-13 | 2013-14 | 2011-12 to
2012-13
% | 2012-13 to
2013-14
% |
|
Employment at end June | no. | 50 944 | 49 165 | 43 575 | -3.5% | -11.4% |
Wages and salaries | $m | 4 998 | 5 149 | 4 868 | 3.0% | -5.5% |
Sales and service income | $m | 16 499 | 15 897 | 17 133 | -3.6% | 7.8% |
Total income | $m | 17 487 | 16 352 | 18 512 | -6.5% | 13.2% |
Total expenses | $m | 18 445 | 17 721 | 18 856 | -3.9% | 6.4% |
Operating profit before tax (OPBT) | $m | -724 | -1 136 | -272 | -56.9% | 76.1% |
Earnings before interest, tax, depreciation and amortisation (EBITDA) | $m | **196 | **298 | *1 043 | 52.0% | 250.0% |
Industry value added (IVA) | $m | 7 176 | 7 470 | 7 616 | 4.1% | 2.0% |
|
* 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 |
KEY POINTS
- During 2013-14, sales and service income for the Australian Exploration and other mining support services industry was $17.1b, a rise of 7.8% between 2012-13 and 2013-14.
- Total income rose 13.2% ($2.2b) over the same period to $18.5b.
- Employment fell to 43,575 people at end of June 2014, a decline of 11.4% between June 2013 and June 2014.
- Wages and salaries fell 5.5% to $4.9b between 2012-13 and 2013-14.
- Total expenses rose 6.4% to $18.9b.
- OPBT increased from a loss of $1.1b to a smaller loss of $272m.
- EBITDA increased from $298m to $1.0b.
- IVA rose 2.0% to $7.6b.
CAPITAL EXPENDITURE AND DISPOSALS
During 2013-14 total capital expenditure for the
Exploration and other mining support services industry was $3.7b. As disposals of assets only amounted to $599m, net capital expenditure was $3.1b. Gross fixed capital formation was $2.2b.
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