Question on Notice regarding sandalwood sales by the Forest Products Commission, seeking details on gross and net income from royalties between 2001-02 and 2004-05. The answer provides specific figures and explains the projected increase for 2004-05.

AnsweredQoN 844Legislative Council
Asked
21 October 2004
Portfolio
Forestry

QuestionView source ↗

With regard to sandalwood sales by the Forest Products Commission, will the minister please advise - (1) What was the total gross income from royalties in - (a) 2001-02; (b) 2002-03; and (c) 2003-04? (2) What has been the net income, after management costs, for sandalwood royalties in those same years? (3) What is the predicted - (a) gross income; and (b) net income from sandalwood royalties for 2004-05? Hon KIM CHANCE

AnswerView source ↗

(1) (a) $10.374 million (b) $10.569 million (c) $10.856 million (2) 2001-02 $2.969 million 2002-03 $2.198 million 2003-04 $2.326 million (3) (a) $12.878 million (b) $4.691 million The 2004-05 projected revenue is higher due to projected price increases for export sales and does not reflect any change in quantity between 2003-04 and 2004-05.
(1) What was the total gross income from royalties in - (a) 2001-02; (b) 2002-03; and (c) 2003-04? (2) What has been the net income, after management costs, for sandalwood royalties in those same years? (3) What is the predicted - (a) gross income; and (b) net income from sandalwood royalties for 2004-05? Hon KIM CHANCE replied: (1) (a) $10.374 million (b) $10.569 million (c) $10.856 million (2) 2001-02 $2.969 million 2002-03 $2.198 million 2003-04 $2.326 million (3) (a) $12.878 million (b) $4.691 million The 2004-05 projected revenue is higher due to projected price increases for export sales and does not reflect any change in quantity between 2003-04 and 2004-05.
(b) 2002-03; and (c) 2003-04?
(c) 2003-04?
(3) What is the predicted - (a) gross income; and (b) net income from sandalwood royalties for 2004-05? Hon KIM CHANCE replied: (1) (a) $10.374 million (b) $10.569 million (c) $10.856 million (2) 2001-02 $2.969 million 2002-03 $2.198 million 2003-04 $2.326 million (3) (a) $12.878 million (b) $4.691 million The 2004-05 projected revenue is higher due to projected price increases for export sales and does not reflect any change in quantity between 2003-04 and 2004-05.
(b) net income from sandalwood royalties for 2004-05?
from sandalwood royalties for 2004-05?
(1) (a) $10.374 million (b) $10.569 million (c) $10.856 million (2) 2001-02 $2.969 million 2002-03 $2.198 million 2003-04 $2.326 million (3) (a) $12.878 million (b) $4.691 million The 2004-05 projected revenue is higher due to projected price increases for export sales and does not reflect any change in quantity between 2003-04 and 2004-05.
(c) $10.856 million
2003-04 $2.326 million
The 2004-05 projected revenue is higher due to projected price increases for export sales and does not reflect any change in quantity between 2003-04 and 2004-05.

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