Dear Minister

	Consol 2011 $,000	Consol 2010 $,000	ILC 2011 $,000	ILC 2010 $,000
7. ains
7A. et gain (loss) in the net market value^1 of livestock
Net gain (loss) in net market value during the reporting period
Cattle	7,543	4,665	7,543	4,665
Sheep	613	843	613	843
Horses	(22)	(37)	(22)	(37)
Buffalo	55	2	55	2
Goats	–	16	–	16
	8,189	5,489	8,189	5,489
Movement in provision for deaths	(97)	(106)	(97)	(106)
Net gain in the net market value of livestock	8,092	5,383	8,092	5,383
7B. et gain (loss) in the net market value^1 of other biological assets
Net gain (loss) in net market value during the reporting period
Fruit trees	–	98	–	98
Net gain (loss) in the net market value of other
biological assets	–	98	–	98
7C. et market value^1 of agricultural produce
Non-living agricultural produce extracted from biological assets
Net market value of wool extracted during the
reporting period	501	326	501	326
Net market value of fruit extracted during the
reporting period	161	237	161	237
Net market value of agricultural produce	662	563	662	563
Wool
Revenue from sale of wool	376	375	376	375
Deemed cost of wool	(376)	(375)	(376)	(375)
Net revenue from sale of wool	–	–	–	–
Fruit
Revenue from sale of fruit	161	237	161	237
Deemed cost of fruit	(161)	(237)	(161)	(237)
Net revenue from sale of fruit	–	–	–	–
During the reporting period the Corporation sold 261 (2010: 339) bales of wool and 16,393 (2010: 30,481) crates of citrus fruit.
^1Net market value is fair value less estimated point-of-sale costs.
7D. et gain (loss) from sale of assets
Sale of business combinations
Proceeds from sale	–	–	293,212	–
Carrying value of assets sold	–	–	(300,799)	–
Net gain (loss) from sale of business combinations	–	–	(7,587)	–
Property, plant and equipment
Proceeds from sale	188	121	188	121
Carrying value of assets sold	(268)	(363)	(268)	(363)
Net gain (loss) from sale of property, plant and equipment	(80)	(242)	(80)	(242)
Plant and equipment held for grant
Proceeds from sale	–	3	–	3
Carrying value of assets sold	(12)	(15)	(12)	(15)
Net gain from sale of plant and equipment held for grant	(12)	(12)	(12)	(12)
Held for sale assets disposed in the current year
Proceeds from sale	2,147	–	2,147	–
Carrying value of assets sold	(1,908)	–	(1,908)	–
Net gain from sale of held for sale assets	239	–	239	–
Total proceeds from sale	2,335	124	295,547	124
Total value of assets sold	(2,188)	(378)	(302,987)	(378)
Total net gain (loss) from sale of assets	147	(254)	(7,440)	(254)
7E. ther net gain (loss)
Net write up of assets:
Assets held for sale	166	(684)	166	(684)
Assets received for no or nominal consideration	2,885	125	2,885	125
Inventory – property held for grant	(1,267)	(1,404)	(1,267)	(1,404)
Net reversals of impairment/(impairment)	–		–
Receivables	66	(18)	73	(18)
Repayable grants	(61)	(490)	(61)	(490)
Inventory – property held for grant	(29)	–	(29)	–
Intangibles	(11)	–	(11)	–
Property, plant and equipment	(1)	(4,167)	–	(4,167)
Total net gain (loss) of assets	1,748	(6,638)	1,756	(6,638)
7F. iscount on business combinations
Acquisition of Ayers Rock Resort	2,064	–	7,587	–
(refer note 1.30)
Total discount on business combinations	2,064	–	7,587	–
7G. rants
Grants from^3:
Funding from NTFFP^1	–	9,766	–	9,766
Dept of Families, Housing, Community Services and Indigenous Affairs – student hostel	24,277	4,528	24,277	4,528
Department of the Environment, Water, Heritage and the Arts – property acquisition	–	9,420	–	9,420
Aboriginal Benefits Account	1,500	375	1,500	375
Department of Health and Aging	1,086	–	–	–
Other	1,107	1,315	1,064	1,315
Total grants	27,970	25,404	26,841	25,404
8. Revenues from Government
8A. Revenues from Government
Department of Families, Housing, Community Services and Indigenous Affairs
CAC Act body payment item^1	9,805	–	9,805	–
Receipts from the Land Account^2	45,000	–	45,000	–
Total revenues from Government	54,805	–	54,805	–