FINANCIAL DATA
The 2004-05 ABS Cultural Funding by Government collection reported that the Australian Government provided total funding of $128.7 million for Film and video, while state and territory governments contributed $68.6m.
16.4 AUSTRALIAN FEATURE FILMS, Sources of Finance |
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![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | Contribution | Proportion of total budget | No. of films invested in |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | $m | % | no. |
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Australian government sources(a) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | 2002-03 | 18.9 | 39 | 9 |
![](/icons/ecblank.gif) | 2003-04 | 30.6 | 23 | 11 |
![](/icons/ecblank.gif) | 2004-05 | 25.4 | 39 | 11 |
![](/icons/ecblank.gif) | 2005-06 | 46.0 | 47 | 18 |
![](/icons/ecblank.gif) | 5-yr average | 29.9 | 34 | 13 |
Australian private investors(b) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | 2002-03 | 21.1 | 43 | 10 |
![](/icons/ecblank.gif) | 2003-04 | 11.2 | 8 | 11 |
![](/icons/ecblank.gif) | 2004-05 | 20.0 | 30 | 14 |
![](/icons/ecblank.gif) | 2005-06 | 7.7 | 8 | 12 |
![](/icons/ecblank.gif) | 5-yr average | 17.8 | 22 | 13 |
Australian film/TV industry(c) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | 2002-03 | 4.5 | 9 | 8 |
![](/icons/ecblank.gif) | 2003-04 | 8.2 | 6 | 9 |
![](/icons/ecblank.gif) | 2004-05 | 8.4 | 13 | 13 |
![](/icons/ecblank.gif) | 2005-06 | 16.3 | 17 | 18 |
![](/icons/ecblank.gif) | 5-yr average | 10.9 | 11 | 14 |
Foreign sources | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | 2002-03 | 4.5 | 9 | 5 |
![](/icons/ecblank.gif) | 2003-04 | 85.5 | 63 | 6 |
![](/icons/ecblank.gif) | 2004-05 | 12.1 | 18 | 5 |
![](/icons/ecblank.gif) | 2005-06 | 27.8 | 28 | 9 |
![](/icons/ecblank.gif) | 5-yr average | 37.3 | 32 | 7 |
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(a) Includes Australian state and federal agencies and funding bodies, and SBS. Comprises equity investments only - distribution guarantees, loans and underwriting are not included. |
(b) Private investment sources including Film Licensed Investment Companies (FLICs), 10BA and 10B certified projects (Film tax incentives). |
(c) Includes Australian-based film and TV production companies, distribution companies, commercial free-to-air broadcasters and pay TV channels. |
Australian Film Commission, National Survey of Feature Film and TV Drama Production, 2005-06. |
Data from the National Survey of Feature Film and TV Drama Production, conducted by the Australian Film Commission, show that government sources accounted for 47% of total funding for Australian features in 2005-06. The majority of these funds came via the Film Finance Corporation, which invested $42.6m in Australian features and co-productions, while state agencies contributed a further $5.7m.
Overseas investors were also a significant source of funds in 2005-06, contributing $27.8m (or 28% of total funding) to nine titles, with one fully financed film 'Rogue' accounting for the bulk of their investment.
In 2006, Australian films accounted for only 4.6% of the total box office receipts of Australian cinemas. As the graph shows, this percentage has fluctuated over time.
16.5 AUSTRALIAN FILMS' SHARE OF THE AUSTRALIAN BOX OFFICE
![Graph: Australian Films' Share of the Australian Box Office](/AUSSTATS/ABS@.NSF/a9ca4374ed453c6bca2570dd007ce0a4/91d7c83793367904ca2572fa00218fd4/Body/0.25A4!OpenElement&FieldElemFormat=gif)
While the income derived from the production of commercials increased by 23% between 1999-2000 and 2002-03, the income from all other types of film and video production decreased. This meant overall production income was 8% lower in 2002-03 than in 1999-2000. However, increases in income from other sources, particularly postproduction and other production services meant the total income for film and video production businesses was greater in 2002-03.
16.6 INCOME AND EXPENSES OF BUSINESSES IN THE FILM AND VIDEO PRODUCTION INDUSTRY - 1999-2000 and 2002-03 |
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![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | 1999-2000 | 2002-03 |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | Value | Percentage
contribution | ![](/icons/ecblank.gif) | Value | Percentage
contribution |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | $m | % | ![](/icons/ecblank.gif) | $m | % |
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Income | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | Income from the production of: | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | Feature films | 74.0 | 5.0 | ![](/icons/ecblank.gif) | 59.2 | 3.7 |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | Television programs | 472.2 | 32.0 | ![](/icons/ecblank.gif) | 393.6 | 24.7 |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | Commercials | 186.2 | 12.6 | ![](/icons/ecblank.gif) | 228.4 | 14.3 |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | Corporate, training and marketing videos | 72.0 | 4.9 | ![](/icons/ecblank.gif) | 70.6 | 4.4 |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | Other | 45.5 | 3.1 | ![](/icons/ecblank.gif) | 26.8 | 1.7 |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | Total | 849.9 | 57.7 | ![](/icons/ecblank.gif) | (a)778.6 | 48.8 |
![](/icons/ecblank.gif) | Income from the provision of production services to other businesses | 233.1 | 15.8 | ![](/icons/ecblank.gif) | 350.9 | 22.0 |
![](/icons/ecblank.gif) | Income from the provision of post-production/film laboratory services to other businesses | 262.6 | 17.8 | ![](/icons/ecblank.gif) | 360.5 | 22.6 |
![](/icons/ecblank.gif) | Other income | 128.2 | 8.7 | ![](/icons/ecblank.gif) | 106.5 | 6.7 |
Total income | 1 473.8 | 100.0 | ![](/icons/ecblank.gif) | 1 596.6 | 100.0 |
Expenses | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | Labour costs | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | Wages and salaries | 373.5 | 26.7 | ![](/icons/ecblank.gif) | 402.4 | 26.7 |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | Other | 53.1 | 3.8 | ![](/icons/ecblank.gif) | 63.9 | 4.2 |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | Total | 426.6 | 30.5 | ![](/icons/ecblank.gif) | 466.3 | 31.0 |
![](/icons/ecblank.gif) | Payments to other businesses for production services | 250.8 | 17.9 | ![](/icons/ecblank.gif) | 215.8 | 14.3 |
![](/icons/ecblank.gif) | Payments to other businesses for post-production/film laboratory services | 88.3 | 6.3 | ![](/icons/ecblank.gif) | 89.5 | 5.9 |
![](/icons/ecblank.gif) | Rent, leasing and hiring expenses | 65.5 | 4.7 | ![](/icons/ecblank.gif) | 85.4 | 5.7 |
![](/icons/ecblank.gif) | Travelling, accommodation and entertainment expenses | 34.8 | 2.5 | ![](/icons/ecblank.gif) | 38.5 | 2.6 |
![](/icons/ecblank.gif) | Purchases of film stock and video tape stock | 50.6 | 3.6 | ![](/icons/ecblank.gif) | 62.4 | 4.1 |
![](/icons/ecblank.gif) | Other purchases | 45.8 | 3.3 | ![](/icons/ecblank.gif) | 63.1 | 4.2 |
![](/icons/ecblank.gif) | Amortisation of productions | 61.1 | 4.4 | ![](/icons/ecblank.gif) | *38.7 | 2.6 |
![](/icons/ecblank.gif) | Other | 374.4 | 26.8 | ![](/icons/ecblank.gif) | 445.1 | 29.6 |
Total expenses | 1 397.9 | 100.0 | ![](/icons/ecblank.gif) | 1 504.8 | 100.0 |
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* estimate has a relative standard error of 25% to 50% and should be used with caution |
(a) Of the $778.6m received from the production of films and programs etc., $88.9m were commissioned (i.e. the business did not retain the rights to the production). |
ABS, Television, Film and Video Production, 2002-03 (cat. no. 8679.0) and Film and Video Production and Distribution, 1999-2000 (cat. no. 8679.0). |