Queensland Art Gallery Annual Report 2006-07

QUEENSLAND ART GALLERY ANNUAL REPORT 06–07 / appendixes 78 2. Other Revenue Economic Economic Parent Parent Entity Entity Entity Entity 2007 2006 2007 2006 $'000 $'000 $'000 $'000 Donations and bequests 1496 729 300 300 Donations - assets - - 2811 634 Exhibition income and scholarships 295 172 295 239 Goods received at below fair value 12 6 12 6 Grants 129 557 1399 557 Investment income 955 974 - - Interest 655 749 653 446 Unrealised gain on managed funds 2186 1352 - - Other 668 564 570 477 Total 6396 5103 6040 2659 3. Gains Gains on Sale of Property, Plant and Equipment Plant and equipment 12 12 12 12 Total 12 12 12 12 4. Employee Expenses Employee Benefits Salaries and wages 9845 7615 9845 7615 Employer superannuation contributions * 1303 1034 1303 1034 Recreation leave expenses 1021 827 1021 827 Overtime and allowances 1002 494 1002 494 Redundancy payments 348 86 348 86 Long service leave levy * 214 162 214 162 Employee Related Expenses Payroll and fringe benefits tax * 740 567 740 567 Staff recruitment and training 246 141 246 141 Workers' compensation premium * 37 29 37 29 Other employee related expenses 88 45 88 45 Total 14 844 11 000 14 844 11 000 * Costs of workers' compensation insurance and payroll tax are a conse- quence of employing employees, but are not counted in employees' total remuneration package. They are not employee benefits, but rather employee related expenses. Employer Superannuation Contributions and the long service leave levy are regarded as employee benefits. The number of employees, including both full-time employees and part-time employees, measured on a full-time equivalent basis is: Number of Employees 194 173 194 173 Executive Remuneration Economic Economic Parent Parent Entity Entity Entity Entity 2007 2006 2007 2006 $'000 $'000 $'000 $'000 The number of senior executives who received or were due to receive total remuneration of $100,000 or more: $140,000 to $159,999 - 3 - 3 $160,000 to $179,999 1 1 1 1 $180,000 to $199,999 2 - 2 - $200,000 to $219,999 - 1 - 1 $240,000 to $249,999 2 - 2 - Total 5 5 5 5 The total remuneration of executives shown above ** ($'000) 1053 829 1053 829 ** The amount calculated as executive remuneration in these financial statements includes the direct remuneration received, as well as items not directly received by senior executives, such as the movement in leave accruals and fringe benefits tax paid on motor vehicles. This amount will therefore differ from advertised remuneration packages which do not include the latter items. The total amount of separation and redundancy / termination benefit payments during the year to executives shown above: 319 - 319 -