Section 3 presents budgeted financial statements which provide a comprehensive snapshot of the departments’ finances for the budget year 2009-10. It explains how budget plans are incorporated into the financial statements and provides further details of movements in administered funds, special accounts and government indigenous expenditure.
3.1 Explanatory tables
3.1.1 Reconciliation of total available appropriation and outcomes
The Resource Statement (Table 1.1) details the total available appropriation available to the department from all sources. For departmental operating appropriations this includes carry-forward amounts as well as amounts appropriated at Budget. As the department incurs and is funded for future liabilities (generally depreciation and employee entitlements), the total amount of operating appropriation available to the department is unlikely to be fully utilised in the Budget year. The Resource Statement includes detail of the expected use of available resources in contributing towards the outcome in the Budget year. Table 3.1.1 reconciles the total available appropriation and amounts attributable to all outcomes.
Table 3.1.1: Reconciliation of total available appropriation and outcomes
3.1.2 Special Accounts
Special accounts provide a means to set aside and record amounts used for specified purposes. Special Accounts can be created by a Finance Minister’s Determination under the Financial Management and Accountability Act 1997 or under separate enabling legislation. Table 3.1.2 shows the expected additions (receipts) and reductions (payments) for each account used by the Department.
Table 3.1.2: Estimates of Special Account cash flows and balances
In 2008-09, the cash inflows and outflows relating to this special account related exclusively to the department's Comcare Trust Account. The purpose of this account was to make compensation payments in accordance with the Safety and Rehabilitation Act 1988.
The department projects no transactions for its Services for other Governments and Non-Agency Bodies Special Account which currently has a nil balance.
3.1.3 Australian Government Indigenous Expenditure
The department has no Australian Government Indigenous Expenditure for 2009-10 to report.
3.2 Budgeted financial statements
3.2.1 Analysis of budgeted financial statements
Table 3.2.1: Budgeted Departmental Income Statement
This statement identifies expenses and revenues and highlights whether the department is operating at a sustainable level. Other revenues refers to resources received free of charge.
Table 3.2.2: Budgeted Departmental Balance Sheet
This statement identifies assets and liabilities. Receivables include appropriations available to the department from prior years.
Table 3.2.3: Budgeted Departmental Statement of Cash Flows
This statement identifies the department’s cash flows, categorising them by operating, financing and investing activities.
Table 3.2.4: Departmental statement of changes in equity — summary of movement
This statement summarises the planned movement in equity in 2009-10.
Schedule of Administered Activity
Table 3.2.5: Schedule of Budgeted Administered Income and Expenses
This schedule identifies revenues and expenses which the department administers on behalf of the Commonwealth. Personal benefits relates solely to senators' salaries and allowances.
Table 3.2.6: Schedule of Budgeted Administered Assets and Liabilities
This schedule identifies assets and liabilities which the department administers on behalf of the Commonwealth.
Table 3.2.7: Schedule of Budgeted Administered Cash Flows
This schedule identifies cash flows which the department administers on behalf of the Commonwealth.
3.2.2 Budgeted financial statements tables
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