Section 3: Explanatory tables and budgeted financial statements

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Section 3: Explanatory tables and budgeted financial statements

Section 3 presents budgeted financial statements which provide a comprehensive snapshot of the department’s finances for the budget year 2012-13. It explains how budget plans are incorporated into the financial statements and provides further details of movements in special accounts and government indigenous expenditure.

3.1     Explanatory tables

3.1.1    Special Accounts

The department abolished its ‘Other Trust Monies’ Special Account in 2011-12.

3.1.2    Australian Government Indigenous Expenditure

The 2013‑14 Australian Government Indigenous Statement is not applicable as the department has no indigenous specific expenses.

3.2     Budgeted financial statements

Table 3.2.1:  Comprehensive Income Statement (showing net cost of services)

This statement identifies expenses and revenues and highlights whether the department is operating at a sustainable level.

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: Departmental Statement of Changes in Equity

This statement summarises the planned movement in equity in 2013-14.

Table 3.2.4:  Budgeted Departmental Statement of Cash Flows

This statement identifies the department’s cash flows, categorising them by operating, financing and investing activities.

Table 3.2.5:  Departmental Capital Budget Statement

This statement identifies the department’s capital budget.

 

Table 3.2.1: Comprehensive Income Statement (showing net cost of services)
(for the period ended 30 June)

 
Estimated actual
2012-13 $'000
Budget estimates
2013-14 $'000
Forward estimate
2014-15 $'000
Forward estimate
2015-16 $'000
Forward estimate
2016-17 $'000
EXPENSES
 
 
 
 
 
Employee benefits
17,226
18,116
18,214
17,887
18,432
Supplier expenses
3,858
3,731
3,731
3,600
3,600
Depreciation and amortisation
822
824
829
834
845
Other
-
-
-
-
-
Total expenses
21,906
22,671
22,774
22,321
22,877
LESS:
 
 
 
 
 
OWN-SOURCE INCOME
 
 
 
 
 
Own-source revenue
 
 
 
 
 
Sale of goods and rendering of services
600
600
600
600
600
Other
-
-
-
-
-
Total own-source revenue
600
600
600
600
600
Gains
 
 
 
 
 
Other
-
-
-
-
-
Total gains
-
-
-
-
-
Total own-source income
600
600
600
600
600
Net cost of (contribution by) services
21,306
22,071
22,174
21,721
22,277
Revenue from Government
20,484
21,247
21,345
20,887
21,432
Surplus (Deficit)
(822)
(824)
(829)
(834)
(845)
Surplus (Deficit) attributable to the Commonwealth
(822)
(824)
(829)
(834)
(845)
OTHER COMPREHENSIVE INCOME
 
 
 
 
 
Changes in asset revaluation reserves
-
-
-
-
-
Total other comprehensive income
-
-
-
-
-
Total comprehensive income
(822)
(824)
(829)
(834)
(845)
Total comprehensive income attributable to the Commonwealth
(822)
(824)
(829)
(834)
(845)

Note: Reconciliation of comprehensive income attributable to the agency

 
2012-13
$'000
2013-14
$'000
2014-15
$'000
2015-16
$'000
2016-17
$'000
Total Comprensive Income (loss) Attributable to the Commonwealth
(822)
(824)
(829)
(834)
(845)
plus non-appropriated expenses depreciation and amortisation expenses
822
824
829
834
845
Total Comprehensive Income (loss) Attributable to the agency
-
-
-
-
-

Prepared on Australian Accounting Standards basis.

 

Table 3.2.2: Budgeted Departmental Balance Sheet
(as at 30 June)

 
Estimated actual 2012-13
$'000
Budget estimate 2013-14
$'000
Forward estimate 2014-15
$'000
Forward estimate 2015-16
$'000
Forward estimate 2016-17
$'000
ASSETS
 
 
 
 
 
Financial assets
 
 
 
 
 
   Cash and cash equivalents
251
251
251
251
251
   Trade and other receivables
12,314
10,108
8,096
7,725
7,725
   Other investments
-
-
-
-
-
   Other
-
-
-
-
-
Total financial assets
12,565
10,359
8,347
7,976
7,976
Non-financial assets
 
 
 
 
 
   Property, plant and equipment
1,632
2,529
2,363
2,195
2,026
   Intangibles
879
2,022
4,032
4,402
4,402
   Inventories
36
36
36
36
36
   Other
218
218
218
218
218
Total non-financial assets
2,765
4,805
6,649
6,851
6,682
   Assets held for sale
 
 
 
 
 
Total assets
15,330
15,164
14,996
14,827
14,658
LIABILITIES
 
 
 
 
 
Payables
 
 
 
 
 
   Suppliers
244
244
244
244
244
   Other
317
317
317
317
317
Total payables
561
561
561
561
561
Provisions
 
 
 
 
 
   Employee provisions
5,716
5,716
5,716
5,716
5,716
   Other
-
-
-
-
-
Total provisions
5,716
5,716
5,716
5,716
5,716
Total liabilities
6,277
6,277
6,277
6,277
6,277
Net assets
9,053
8,887
8,719
8,550
8,381
EQUITY*
 
 
 
 
 
Parents entity interest
 
 
 
 
 
   Contributed equity
-
-
-
-
-
   Capital
2,282
2,940
3,601
4,266
4,942
   Reserves
11,038
11,038
11,038
11,038
11,038
   Retained surplus
(accumulated deficit)
(4,267)
(5,091)
(5,920)
(6,754)
(7,599)
Total parent entity interest
9,053
8,887
8,719
8,550
8,381
Total Equity
9,053
8,887
8,719
8,550
8,381

Prepared on Australian Accounting Standards basis.

 

Table 3.2.3: Departmental Statement of Changes in Equity — summary of movement (Budget year 2012-13)

 
Retained earnings
$'000
Asset revaluation reserve
$'000
Other reserves
$'000
Contributed equity/capital
$'000
Total equity
$'000
Opening balance as at 1 July 2012
 
 
 
 
 
   Balance carried forward from previous period
(4,267)
11,038
-
2,282
9,053
   Adjustment for changes in accounting policies
-
-
-
-
-
Adjusted opening balance
(4,267)
11,038
-
2,282
9,053
Comprehensive income
 
 
 
 
 
   Other comprehensive income
-
-
-
-
-
   Surplus (deficit) for the period
(824)
-
-
-
(824)
Total comprehensive income
(824)
-
-
-
(824)
Transactions with owners
 
 
 
 
 
Distributions to owners
 
 
 
 
 
   Returns on capital: Dividends
-
-
-
-
-
   Returns on capital: Other
-
-
-
-
-
Contributions by owners
 
 
 
 
 
   Contribution/(Distribution) of Equity
-
-
-
-
-
   Appropriation (equity injection)
-
-
-
-
-
   Departmental Capital Budget (DCBs)
-
-
-
658
658
   Other
-
-
-
-
-
Sub-total transactions with owners
-
-
-
658
658
   Transfers between equity components
-
-
-
-
-
Estimated closing balance as at 30 June 2013
(5,091)
11,038
-
2,940
8,887
Closing balance attributable to the Commonwealth
(5,091)
11,038
-
2,940
8,887

Prepared on Australian Accounting Standards basis.

 

Table 3.2.4: Budgeted Departmental Statement of Cash Flows
(for the period ended 30 June)

 
Estimated actual 2012-13
$'000
Budget estimate 2013-14
$'000
Forward estimate 2014-15
$'000
Forward estimate 2015-16
$'000
Forward estimate 2016-17
$'000
OPERATING ACTIVITIES
 
 
 
 
  
Cash received
 
 
 
 
 
   Goods and services
600
600
600
600
600
   Appropriations
21,914
22,757
22,265
20,887
21,432
   Other
-
-
-
-
-
Total cash received
22,514
23,357
22,865
21,487
22,032
Cash used
 
 
 
 
 
   Employees
17,226
18,116
18,214
17,887
18,432
   Suppliers
3,858
3,731
3,731
3,600
3,600
   Other
-
-
-
-
-
Total cash used
21,084
21,847
21,945
21,487
22,032
Net cash from or (used by) operating activities
1,430
1,510
920
-
-
INVESTING ACTIVITIES
 
 
 
 
 
Cash received
 
 
 
 
 
   Other
-
-
-
-
-
Total cash received
-
-
-
-
-
Cash used
   Purchase of property, plant and equipment
(2,087)
(2,168)
(1,581)
(665)
(676)
   Other
-
-
-
-
-
Total cash used
(2,087)
(2,168)
(1,581)
(665)
(676)
Net cash from or (used by) investing activities
(2,087)
(2,168)
(1,581)
(665)
(676)
FINANCING ACTIVITIES
 
 
 
 
 
Cash received
 
 
 
 
 
   Appropriations - contributed equity
-
-
-
-
-
   Capital Injection
657
658
661
665
676
   Other
-
-
-
-
-
Total cash received
657
658
661
665
676
Cash used
 
 
 
 
 
   Dividends paid
-
-
-
-
-
   Other
-
-
-
-
-
Total cashed used
-
-
-
-
-
Net cash from or (used by) financing activities
657
658
661
665
676
Net increase or (decrease) in cash held
-
-
-
-
-
   Cash at the beginning of the reporting period
251
251
251
251
251
Cash at the end of the reporting period
251
251
251
251
251

Prepared on Australian Accounting Standards basis.

 

Table 3.2.5: Departmental Capital Budget Statement

 
Estimated actual 2012-13
$'000
Budget estimate 2013-14
$'000
Forward estimate 2014-15
$'000
Forward estimate 2015-16
$'000
Forward estimate 2016-17
$'000
CAPITAL APPROPRIATIONS
 
 
 
 
 
Capital budget1
657
658
661
665
676
Departmental capital - special appropriation (Dept only)
-
-
-
-
-
Total capital appropriations
657
658
661
665
676
Total new capital appropriations Represented by:
 
 
 
 
 
   Purchase of non-financial assets
657
658
661
665
676
   Other items
-
-
-
-
-
Total Items
657
658
661
665
676
PURCHASE OF NON-FINANCIAL ASSETS   
  
  
  
  
   Funded by capital appropriation
657
658
661
665
676
   Funded internally from departmental resources2
1,430
1,510
920
-
-
TOTAL
2,087
2,168
1,581
665
676

Prepared on Australian Accounting Standards basis.

1Appropriation (Parliamentary Departments) Bill (No. 1) 2013-14
2Includes the following sources of funding:

  • current and prior year appropriation
  • s31 relevant agency receipts
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