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Wool Stocktake : AWI Annual Report 2014-15
2014 External costs Internal costs Total $'000 $'000 $'000 International Network - 9,611 9,611 Global marketing 29,268 5,330 34,598 On-farm research & development 17,294 1,444 18,738 Off-farm research & development 7,450 3,393 10,843 54,012 19,778 73,790 Corporate services - 9,885 9,885 Total RDI expenditure 54,012 29,663 83,675 'External costs' represent costs directly relating to individual projects and programs. 'Internal costs' are the cost of staff who manage those projects and programs, their related expenses and other operating expenses. 2014 $'000 Contractor, legal and professional fees expenses 2,648 Employee expenses 18,359 Infrastructure expenses 4,562 Travel expenses 1,205 Other expenses from ordinary activities 2,889 29,663 2014 $'000 Current tax 113 Deferred tax (2) 111 Profit / (loss) from continuing operations before income tax expense (14,213) Tax at the Australian tax rate of 30% (2014 - 30%) (4,264) Tax losses and temporary differences not brought to account 4,381 Differences in overseas tax rates (1) Adjustments for current tax of prior periods (5) Income tax expense 111 The Group has not recognised deferred tax assets relating to tax losses or temporary differences arising from loss making operations as it is not probable that the benefits will be realised. AWI exempt from income taxes not indirect taxes. FINANCIAL REPORT
AWI Annual Report 2013-14
AWI Annual Report 2015-16