FINANCIAL DATA
The Book Publishers Survey was conducted for both the 2001-02 and 2002-03 reference years. The value of the operating profit before tax increased by 76% over this period, from $50.2m in 2001-02 to $88.4m in 2002-03. This led to an increase in the profit margin from 3.3% to 5.6%.
Comparative financial data for the period 2000-01 to 2002-03 is available from the Book Retailers Survey. Bookshops recorded fairly stable performance in terms of sales over this period, although the operating profit before tax fluctuated, with the profit margin declining from 3.6% in 2001-02 to 2.0% in 2002-03.
11.3 BOOKSHOPS(a), Summary of Operations - 2000-01 to 2002-03 |
| |
| | 2000-01 | 2001-02 | 2002-03 | |
| | $m | $m | $m | |
| |
Income | | | | |
| Retail sale of new books(b) | 933.6 | 957.4 | 947.3 | |
| Other retail sales | 66.5 | 104.6 | 98.5 | |
| Other income | 24.7 | 33.4 | 27.6 | |
Total income | 1 024.8 | 1 095.4 | 1 073.5 | |
Expenses | | | | |
| Purchase of new books | 602.1 | 604.6 | 590.1 | |
| Wages and salaries | 140.8 | 149.0 | 145.8 | |
| Other | 274.6 | 322.8 | 321.5 | |
Total expenses | 1 017.5 | 1 076.4 | 1 057.4 | |
Operating profit before tax | 22.8 | 39.0 | 21.3 | |
| |
(a) Includes only those businesses which are classified according to the ANZSIC as Newspaper, book and stationary retailing and for which the value of new book sales comprises at least 50% of all retail sales. |
(b) Includes electronic and audio books. |
ABS, Book Retailers, Australia, 2002-03 (cat. no. 1371.0). |
The ABS Cultural Funding by Government collection reported that the Australian, state and territory governments contributed a total of almost $30m towards Literature and print media in 2002-03, an increase of more than 16% over the previous year.
11.4 CULTURAL FUNDING BY GOVERNMENT, Literature and print media - 2000-01 to 2002-03 |
| |
| 2000-01 | 2001-02 | 2002-03 | |
| $m | $m | $m | |
| |
Australian government | 22.8 | 21.9 | 25.4 | |
State and territory government | 4.3 | 3.6 | 4.3 | |
Total | 27.1 | 25.5 | 29.7 | |
| |
ABS, Cultural Funding by Government, Australia, 2002-03 (cat. no. 4183.0). |