PROFITABILITY AND EARNINGS
Operating profit before tax (OPBT) of the Total selected industries in 2005-06 was $221b, an increase in current price terms of $38b (21%) from 2004-05.
In 2005-06, OPBT of large (employing) businesses in Total selected industries was $80b, an increase of $14b (22%) from 2004-05. For other business categories, OPBT increased by $24b, or 21%, to $141b in 2005-06.
In 2005-06, 36% of OPBT of the Total selected industries was earned by large (employing) businesses. Small (employing) businesses generated 25%, medium (employing) businesses 15%, and 24% was attributable to non-employing businesses. Non-employing businesses make a higher contribution to OPBT than to most of the other variables presented, as the drawings and/or labour costs of working proprietors and partners are not reflected in estimates of business expenses.
The Total selected industries are estimated to have generated $260b in earnings before interest, tax, depreciation and amortisation (EBITDA) in 2005-06, 16% (or $36b) more than in 2004-05. The largest increases in EBITDA between 2004-05 and 2005-06 occurred in Mining ($15b, or 58%), Property and business services (also $15b, or 44%), and Construction ($4b, or 20%). EBITDA fell in four industries: Communication services ($1.1b, or 8%), Agriculture, forestry and fishing ($0.8b, or 7%), Electricity, gas and water supply ($0.7b, or 5%), and Education (private) ($0.4b, or 24%).
The Property and business services industry was the largest contributor to EBITDA of the Total selected industries in 2005-06, accounting for 18%. This was followed by Mining (16%), and Manufacturing (14%).
Print Page
Print All