NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 JUNE 2000 42 Note Consolidated Company 2000 1999 2000 1999 $ $ $ $ 2. OPERATING (LOSS) PROFIT The operating (loss) profit before  income tax includes the following  items of revenue and expense: Operating Revenue Rendering of services 14,522,968 26,051,736 – – Dividend received from  controlled entity – – – 1,100,000 Rent 390,966 287,737 – – Interest - other persons 210,840 44,551 185,959 21,319 Interest - related parties – 23,861 – – 15,124,774 26,407,885 185,959 1,121,319 Non Operating Revenue Proceeds from sale of assets: Property, plant and equipment 225,000 – – – Expenses Depreciation: Leasehold buildings and  improvements 202,300 145,549 – – Vessels 382,217 416,918 – – Vessels - hire purchase 233,908 179,414 – – Plant and equipment 207,824 362,026 – – Plant and equipment - hire purchase 52,065 75,249 – – Write off of goodwill – 95,105 – – Write off of shares - other corporations – 2,647 – – Bad debts 13,136 29,064 – – Borrowing costs expensed: Interest expense - other persons 574,479 743,437 – – Finance charges - hire purchase 514,889 261,409 – – Rental - operating leases 88,447 72,384 – – Employee Entitlements 1,630,357 3,515,875 – – 3. ABNORMAL ITEMS Included in the operating (loss) profit are the following abnormal items: Finance costs incurred upon restructure  of the group financing facilities – 273,430 – – Applicable income tax – (98,435) – – – 174,995 – – Gar