| Expenses |
| |
|
2025
$’000
|
|
|
2024
$’000
|
|
|
2023
$’000
|
|
|
Acquisition and transaction costs
|
|
|
–
|
|
|
|
441
|
|
|
|
–
|
|
|
Administration and corporate overheads
|
|
|
4,817
|
|
|
|
6,798
|
|
|
|
8,040
|
|
|
Changes in inventories of finished goods and work in progress
|
|
|
25,491
|
|
|
|
(32,623
|
)
|
|
|
(41,408
|
)
|
|
Depreciation and amortisation expense
|
|
|
38,597
|
|
|
|
33,777
|
|
|
|
6,162
|
|
|
Employee benefits expense
|
|
|
43,133
|
|
|
|
46,501
|
|
|
|
18,928
|
|
|
External services
|
|
|
171,740
|
|
|
|
176,140
|
|
|
|
21,970
|
|
|
Impairment and write down of financial assets
|
|
|
548
|
|
|
|
8,134
|
|
|
|
–
|
|
|
Loss on disposal of financial assets
|
|
|
–
|
|
|
|
1,264
|
|
|
|
–
|
|
|
Net movement in inventories relating to net realisable value adjustments (1)
|
|
|
4,200
|
|
|
|
10,437
|
|
|
|
–
|
|
|
Raw materials and consumables used
|
|
|
46,694
|
|
|
|
44,769
|
|
|
|
5,060
|
|
|
All other operating expenses
|
|
|
12,527
|
|
|
|
13,368
|
|
|
|
7,042
|
|
|
Total expenses (2)
|
|
|
347,747
|
|
|
|
309,006
|
|
|
|
25,794
|
|
|
(1)
|
Refer to Note 11 for details on the net movement in
inventories relating to net realisable value adjustments.
|
|
(2)
|
The amount reported for the year ended 30 June 2025 includes $12.5 million of non-recurring merger transaction and integration costs (2024 and 2023: Nil), of which $12.3 million is included within ‘External services’
and $0.2 million is included within ‘Administration and corporate overheads’.
|
|