Advertising expenses
This item refers to the costs incurred by a business for promotional and publicity campaigns aimed at bringing the activities of the business to the attention of consumers for the purpose of increasing sales. It includes amounts paid to advertising agencies and amounts paid directly to radio, television and the press.
Alterations, additions, renovations and improvements
This item refers to income from trade services, building and construction work which adds to the capital value of existing assets and/or prolongs the effective life of existing assets. It excludes repairs and maintenance of an existing asset.
Architectural services payments
This item refers to expenses incurred for the provision of services related to the designing and construction of building projects.
Assets
Assets are items with future economic benefits, for example providing future costs savings or generating future revenue. This item represents the book value of all assets and includes current and non-current and tangible and intangible assets.
Audit and other accounting expenses
This item refers to the costs incurred for the professional advice and skills of an auditor or accountant.
Bad and doubtful debts
This item refers to the amount of accounts receivable that is either written off, or estimated to be uncollectible during an accounting period, that are expensed in a period's profit calculations.
Bank charges other than interest
This item refers to the bank imposed cost of banking services to businesses.
Builders and other licence fees
This item refers to the fees paid to regulatory bodies for a licence to carry out construction and related activity.
Building development and approval charges
This item refers to the expenses incurred in gaining formal permission for proposed building works from government authorities.
Businesses (number of)
This is a count of businesses operating at any time during the year.
Cleaning services provided by other businesses
This item refers to the expenses incurred when the business premises are cleaned by an external business.
Computer software expensed
This item refers to the cost of computer software that has been fully charged to profit as an expense in the current accounting period.
Contracting income from trade services, building and construction
This item refers to income earned by a trade services or construction business where it acts as head contractor/construction project manager, irrespective of whether the business is the property owner. Contracting income also includes income from trade services provided directly to non-construction businesses and householders.
Depreciation and amortisation
This item refers to financial charges made in the accounts to reflect that part of the value of the asset which may be regarded as having been used up in producing revenue in a particular accounting period. Depreciation generally refers to physical (tangible) non-current assets and amortisation generally refers to intangible non-current assets.
Employees
This item refers to persons working for a construction business. It excludes working proprietors and partners, non-salaried directors, contractors, subcontractors and persons paid solely by commission without a retainer.
Employer contributions to superannuation funds
This item refers to the cost of the employer's contributions during the reference period made on behalf of employees including salary sacrificed amounts.
Employment
Employment represents all working proprietors and partners, and employees on the payroll during the last pay period ending in June. Employees absent on paid or prepaid leave are included, together with employees on workers' compensation who continue to be paid through the payroll. Non-salaried directors are excluded, together with persons solely paid by commission without a retainer and self-employed persons such as consultants and contractors.
Engineering services payments
This item refers to the expenses incurred for the provision of services related to the design and construction of machinery, equipment, building and other structures.
Federal, state and local government clients
This item refers to Federal, state or local government agencies which commissioned construction work.
Freight and cartage expenses
This item refers to the costs charged to a business for the transport and delivery of goods by rail, air, road and/or sea.
Fringe benefits tax
This item refers to the tax payable by employers when certain benefits in excess of normal wages or salaries (e.g. free or discounted goods or services) are received by their employees (or associates of employees) in connection with their employment.
Head contractor/construction project manager
This term refers to the sole entity which has overall control in managing and organising the construction work for a given project.
House
A house is a detached (free standing) building consisting of a single dwelling. A dwelling is a self-contained suite of rooms, including cooking and bathing facilities and intended for long-term residential use.
Household clients
This item refers to private individuals who commissioned construction work.
Income from trade services, building and construction
This item refers to subcontracting and contracting income earned for trade services, building or construction work.
Industry value added
This item is an estimate of the difference between the market value of the output of an industry and the purchases of materials and selected expenses incurred in the production of that output. For market producers, it has been derived by determining the income associated with the production (in this case sales of goods and services, changes in level of trading stock inventories, operational funding from government and capital work done by own employees for own use or for rental or lease), and subtracting the direct costs of producing these outputs (purchases of goods and services used in production of goods for resale and selected expenses related to the sale of goods and administrative expenses, exclusive of indirect taxes such as payroll tax, fringe benefits tax, land tax and land rates).
Insurance premiums
This item refers to expenses incurred by an organisation in respect of different types of insurance policies but excluding workers' compensation and compulsory third party motor vehicle insurance.
Interest expenses
This item refers to outflows of funds related to the cost of borrowing money.
Labour costs
This item refers to staff related costs such as wages and salaries, fringe benefits tax and payroll tax, employer contributions to superannuation, workers' compensation premiums, and provision expenses for employee entitlements.
Land tax and land rates
Land tax is an annual tax assessed to the owner of the land. Land rates are annual charges levied by local government for the provision of local government services. This is a combination of these two items.
Legal expenses
This item refers to fees incurred when a business secures the services of a legal representative, or requires legal representation, or seeks professional advice on legal matters.
Liabilities
Liabilities are the debts or obligations of a business and are recorded in a business's accounts as either current or non-current. This item represents the book value of all liabilities.
Motor vehicle running expenses
This item refers to the costs incurred in using on-road motor vehicles owned by the business for business purposes, and includes such items as fuel, registration fees, compulsory third-party insurance premiums, and repair and maintenance.
Net capital expenditure
This item comprises acquisitions less disposals for plant, machinery, equipment and land.
New construction work
This item refers to income from trade services, building and construction work which adds to the capital value of assets by creating a new asset.
New work and improvements
This item refers to income from trade services, building and construction work which adds to the capital value of assets either by creating a new asset or improving an existing asset. It excludes repairs and maintenance of an existing asset.
Non-residential building
This item refers to a building primarily consisting of other than dwellings, that is, it is not intended for long-term residential use. Examples include factories, warehouses and other industrial buildings; commercial buildings such as offices, shops and restaurants; hotels, motels, boarding houses, hostels, holiday apartment buildings and other premises offering short-term accommodation; hospitals; nursing homes; entertainment and recreational facilities; educational facilities; farm buildings; defence buildings; prisons; and religious buildings.
Operating profit before tax
This item is a measure of profit/surplus (or loss/deficit), during the reference period, taken before extraordinary items are brought into account and prior to the deduction of income tax and appropriations to owners (i.e. dividends paid, drawings). It is generally derived by subtracting total expenses from total income, and adding the difference between closing inventory and opening inventory for the period.
Operating profit margin
This item refers to the percentage of an organisation's sales of goods and services which becomes profit after all operating expenses have been deducted. It is derived by expressing total operating profit before tax as a percentage of total sales of goods and services.
Other contract, subcontract and commission expenses
This item refers to the amounts, not listed separately, paid to other businesses and self-employed persons for work done or sales made on a contract or commission basis.
Other management and administrative services expenses
This item refers to the amounts, not listed separately, paid to another business/consultant for providing administrative services or management expertise.
Other non-building construction
This item includes all non-building construction other than road and bridge construction. It includes dams, canals, lakes, jetties, pipelines, tunnels (for any purpose), railways, sewage treatment plants, energy supply systems, irrigation systems, golf courses, sports fields, television and radio transmitting towers, oil refineries, mine sites and the on-site assembly of boilers, furnaces and heavy electrical machinery.
Other organisations (type of client)
This item refers to private businesses and non-government organisations which commissioned construction work.
Other residential building
An other residential building is a building (other than a house) containing more than one dwelling. Examples include semi-detached row or terrace houses and flats, units and apartments of one or more storeys.
Other sales of goods and services
This item refers to income from sales of goods and services other than income from trade services, building and construction work. It includes income from non-construction services, sales from property development and other sales of goods.
Paper, printing and stationery expenses
This item refers to costs incurred for office supplies and printing carried out by or for the business.
Payments for trade services, building and construction work
This includes payments to other businesses and self-employed persons for trade services, building and construction work done. Such payments are either payments to subcontractors or payments to head contractors/construction project managers.
Payments to contractors for trade services, building and construction work
This item refers to payments to other businesses and self-employed persons acting as head contractors/construction project managers for trade services, building and construction work done.
Payments to employment agencies for staff
This item refers to payments made by a business to an employment agency for the supply or recruitment of staff.
Payments to subcontractors for trade services, building and construction work
This item refers to payments to other businesses and self-employed persons acting as subcontractors (i.e. as other than head contractors/construction project managers) for trade services, building and construction work done.
Payroll tax
This item refers to tax levied by state and territory governments upon the amount of wages and salaries paid by a business.
Postal, mailing and courier services
This item refers to the expenses incurred for the picking up, transport, and delivery (domestic or international) of addressed or unaddressed mail, packages and parcels.
Purchases
This item refers to the costs of goods and services used in the production of the final output of a business. This item includes construction, trade and building materials, petroleum products, fuel expenses for off-road vehicles (e.g. fork-lifts, mobile plant and quarry dump trucks), electricity, gas and water.
Real estate agent commissions and fees
This item refers to commissions and related fees paid to other businesses for the provision of real estate services.
Rent, leasing and hiring expenses
This item refers to the costs for rent, leasing (except finance leases) and hiring of vehicles, land, buildings, machinery, equipment and any other property from other businesses or individuals.
Repairs and maintenance income
This item refers to income from trade services, building and construction work which is carried out (on an ongoing basis) to overcome normal wear and tear over the life of existing assets.
Repair and maintenance expenses
This item refers to costs associated with work undertaken on plant and machinery etc. to maintain normal business operations.
Residential building
This term refers to businesses classified to ANZSIC Class 4111 (House construction) and ANZSIC Class 4112 (Residential building construction n.e.c.). These businesses are mainly engaged in the construction of houses or other residential buildings, or in carrying out alterations, additions or renovations or general repairs to such buildings, or in organising or managing these activities.
Road and bridge construction
Road and bridge construction includes aerodrome runways, asphalt surfacing and road construction and sealing, elevated highways and overpasses, viaducts and bridges (for any purpose).
Royalties expenses
This item refers to payments made by one business or individual for the use of rights owned by another company/person.
Same business (as property owner) clients
This item refers to a construction business which commissions construction work on property owned by the business itself. Usually this relates to development and resale of land or property owned by the business.
Security services payments
This item refers to costs incurred when a business engages another business to provide security services.
Staff amenities expenses
This item refers to the costs incurred for the provision of facilities for staff.
Subcontracting income from trade services, building and construction
Subcontracting income is earned by a trade services or construction business where it is contracted and/or paid by the head contractor/construction project manager or any other construction contractor.
Subscriptions to magazines and periodicals
This item refers to subscriptions paid to other organisations for magazines, journals or papers.
Subscriptions to professional organisations
This item refers to subscriptions and membership/affiliation fees paid for joining organisations such as industry associations, peak bodies and professional organisations.
Surveying services payments
This item refers to the expenses incurred for the provision of services related to formal inspection and examination of building sites and projects.
Telecommunication services expenses
This item includes all payments (of a non-capital nature) for telecommunication services which engage wire, cable or radio transmission.
Trade services
Businesses classified to ANZSIC Subdivision 42 (Construction trade services). This includes businesses providing trade services to the construction industry (covering site preparation, concreting, bricklaying, roofing, structural steel erection, plumbing, electrical, air conditioning and heating, fire and security systems, plastering, carpentry, tiling and carpeting, painting and decorating, glazing and landscaping services).
Training services provided by other businesses
This item refers to payments to consultants, institutions or other businesses for the provision of staff training and education services.
Transfer of real estate costs
This item refers to costs associated with the selling, purchasing and/or transfer of property.
Travelling, accommodation and entertainment expenses
This item refers to costs incurred for transportation services relating to business activities which occur away from the normal place of business. Accommodation expenses are those costs incurred in providing accommodation to staff when business activities occur away from the normal place of business. Entertainment expenses are the costs incurred by a business for the provision of entertainment activities.
Wages and salaries
This item refers to the gross wages and salaries (excluding capitalised wages and salaries) of all employees of the organisation. The item includes severance, termination and redundancy payments, salaries and fees of directors and executives, retainers and commissions of persons who received a retainer, bonuses, and annual and other types of leave. Provision expenses for employee entitlements (e.g. provisions for annual leave and leave bonus, long service leave, sick leave, and severance, termination and redundancy payments) are also included. Payments related to salary sacrifice and payments to self-employed persons such as consultants, contractors and persons paid solely by commission without a retainer are excluded.
Waste removal expenses
This item refers to the amounts paid to other businesses and organisations (including local government) for the removal of waste.
Workers' compensation costs
This item refers to compulsory insurance cover taken out by all employers, except for self-insured workers, according to legislative schemes to cover employees suffering injury or disease in the course of or arising out of employment.
Working proprietors and working partners of unincorporated businesses
A working proprietor operates his or her own business (a sole proprietorship), while a working partner, along with one or more other partners, operates a partnership. Working proprietors and working partners are the owners of their business and as such they are not considered to be employees of that business.
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