TELECOMMUNICATIONS AUTHORITY OF TRINIDAD AND TOBAGO
Statement of profit or loss and other comprehensive income for the year (Expressed in Trinidad and Tobago dollars)
Notes Sep 30, 2020 Sep 30, 2019 $ $ Income Concession Fees 29,349,594 30,257,020 Licence Fees 54,440,221 54,215,420 Bank Interest 184 329 Other Income 492,830 859,964 Amortization of Deferred Income 11 36,545 40,838 Total Income 84,319,374 85,373,571 Expenses Communications, Marketing & Policy Expenses 14 2,609,991 3,507,565 Fees-Legal & Professional 15 1,812,154 2,398,708 Training 16 935,479 3,371,028 Utilities 1,138,468 1,098,529 Rent/Lease Expenses 248,320 3,832,006 Staff Costs 17 32,195,361 30,915,527 Repairs and Maintenance 543,577 548,702 Other Administrative Costs 18 5,104,484 5,163,159 Interest Expense 150,406 0 Depreciation 19 6,502,524 3,785,461 Total Expenses 51,240,764 54,620,686 Surplus for the year 33,078,610 30,752,885 The notes on pages 41 to 59 form an integral part of these financial statements.
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