Jump to Content

Notes

Department Objectives
Summary of Significant Accounting Policies
Events Occurring after Balance Date
Operating Revenues
Operating Expenses
Borrowing costs expense
Financial Assets
Non-Financial Assets
Interest Bearing Liabilities
Provisions
Payables
Equity
Cash Flow Reconciliation
Remote Contingencies
Executive Remuneration
Services provided by the Auditor-General
Average Staffing Levels
Act of Grace Payments, Waivers and Defective Administration Scheme
Financial Instruments
Appropriations
Assets Held in Trust
Reporting of Outcomes

Department Objectives

For the 2001-2002 financial year the Department of Transport and Regional Services (DOTARS) objective in programme delivery was expressed through the outcome statement

&A better transport system for Australia and greater recognition and opportunities for local, regional and territory communities.&

DOTARS activities contributing towards this outcome are classified as either departmental or administered. Departmental activities involve the use of assets, liabilities, revenues and expenses controlled or incurred by DOTARS in its own right. Administered activities involve the management or oversight by DOTARS on behalf of the Government of items controlled or incurred by the Government.

In meeting the Departments objective four key result areas have been identified:

Transport systems which are safer, more efficient, internationally competitive, sustainable and accessible.

Regional communities which have better access to opportunities and services and which are able to take the lead in their own planning and development.

Local governments which serve their communities more effectively and efficiently.

Territories in which residents will have the same opportunities and responsibilities as other Australians enjoy in comparable communities.

Back to Top   

Summary of Significant Accounting Policies

Note 2A - Basis of Accounting

The financial statements are required by section 49 of the Financial Management and Accountability Act 1997 and are a general purpose financial report.

The statements have been prepared in accordance with:

  • The Finance Ministers Orders (being the Financial Management and Accountability (Financial Statements 2001-2002) Orders);
  • Australian Accounting Standards and Accounting Interpretations issued by Australian Accounting Standards Boards;
  • Other authoritative pronouncements of the Boards; and
  • Consensus Views of the Urgent Issues Group.

The statements have been prepared having regard to:

  • Explanatory Notes to Schedule 1; and
  • Finance Briefs issued by the Department of Finance and Administration.

The financial statements have been prepared on an accrual basis and are in accordance with the historical cost convention, except for certain assets which, as noted, are at valuation. Except where stated, no allowance is made for the effect of changing prices on the results or the financial position.

Assets and liabilities are recognised in the Statement of Financial Position when and only when it is probable that future economic benefits will flow and the amounts of the assets or liabilities can be reliably measured. Assets and liabilities arising under agreements equally proportionately unperformed are however not recognised unless required by an Accounting Standard. Liabilities and assets which are unrecognised are reported in the Schedule of Commitments and the Schedule of Contingencies (other than remote contingencies, which are reported at Note 14 and 20H).

Revenues and expenses are recognised in the Statement of Financial Performance when and only when the flow or consumption or loss of economic benefits has occurred and can be reliably measured.

The continued existence of DOTARS in its present form, and with its present outputs and programmes, is dependent on the Governments policy and on continuing appropriations by Parliament for the Departments operations and programmes. In this context it is noted that the Outcome and Output reporting structure for the Department has been revised as at 1 July 2002, although the functions of the Department are unchanged.

Administered revenues, expenses, assets, liabilities and cash flows reported in Note 20 are accounted for on the same basis and using the same policies as for Agency items, except where otherwise stated at Note 2U.

Note 2B - Changes in Accounting Policy

The accounting policies used in the preparation of these financial statements are consistent with those used in 2000-2001, except in respect of:

  • Output appropriations (refer to Note 2D);
  • Equity injections (refer to Note 2E);
  • Presentation and disclosure of administered items (refer to Note 2U); and
  • Grant payments (refer to Note 2U).

Note 2C - Reporting by Outcomes

Note 23 provides an attribution of DOTARS actual revenues and expenses for 2001-2002, to the Output Groups. The percentages applied in the attribution of expenses are consistent with those used in the development of the budget and rely upon management estimation.

The note includes intra-government costs that are eliminated in calculating the actual budget outcome for the Government overall.

Note 2D - Revenue

The revenues described in this Note are revenues relating to the core operating activities of DOTARS.

Revenues from Government

The full amount of the appropriation for departmental outputs for the year (less any savings offered up at Additional Estimates and not subsequently released) is recognised as revenue. This is a change in accounting policy caused by the introduction of a new requirement to this effect in the Finance Ministers Orders. (In 2000-2001, output appropriations were recognised as revenue to the extent the appropriations had been drawn down from the Official Public Account).

The change in policy had no financial effect in 2001-2002 as the full amount of the output appropriation for 2000-2001 had been drawn down in that year.

Resources Received Free of Charge

Services received free of charge are recognised in the Operating Statements as revenue when, and only when, a fair value can be reliably determined and the services would have been purchased if they had not been donated. Use of those resources is recognised as an expense.

Contributions of assets at no cost of acquisition or for nominal consideration are recognised at their fair value when the asset qualifies for recognition.

Other Revenue

Revenue from the sale of goods is recognised upon the delivery of goods to customers. Interest revenue is recognised on an accrual basis taking into account the interest rates applicable to the financial assets. Dividend revenue is recognised when the right to receive a dividend has been established. Revenue from disposal of non-current assets is recognised when control of the asset has passed to the buyer.

Agency revenue from the rendering of a service is recognised to the stage of completion of contracts or other agreements to provide services.

The stage of completion is determined according to the proportion that costs incurred to date bear to the estimated total costs of the transaction.

Note 2E Transactions by the Government as Owner

From 1 July 2001, Appropriations designated as Capital - equity injections are recognised directly in Contributed equity according to the following rules determined by the Finance Minister:

To the extent that the appropriation is not dependent on future events, as at 1 July; and

To the extent that it is dependent on specified future events requiring future performance, on drawdown. (In 2000-2001, all equity injections were recognised as contributed equity on drawdown).

The change in policy has no financial effect in 2001-2002 because the full amounts of equity injections in both 2000-2001 and 2001-2002 met the criteria now required by the Finance Minister.

Net assets received under a restructuring of administrative arrangements are designated by the Finance Minister as contributions by owners and adjusted directly against equity. Net assets relinquished are designated as distributions to owners. Net assets transferred are initially recognised at the amounts at which they were recognised by the transferring agency immediately prior to the transfer.

Note 2F - Employee Entitlements

Leave

The liability for employee entitlements includes provision for annual leave and long service leave. No provision has been made for sick leave as all sick leave is non-vesting and the average sick leave taken by employees of DOTARS is estimated to be less than the annual entitlement for sick leave.

The liability for annual leave reflects the value of total annual leave entitlements of all employees as at 30 June 2002 and is recognised at the nominal amount.

The non-current portion of the liability for long service leave is recognised and measured at the present value of the estimated future cash flows to be made in respect of all employees as at 30 June 2002. In determining the present value of the liability, DOTARS has taken into account attrition rates (determined by an actuarial review undertaken by Trowbridge Consulting Ltd) and projected pay increases through promotion and inflation.

Separation and Redundancy

Provision is also made for separation and redundancy payments in circumstances where DOTARS has formally identified positions as excess to requirements and a reliable estimate of the amount of the payments can be determined.

Superannuation

Staff of DOTARS contribute to the Commonwealth Superannuation Scheme or the Public Sector Superannuation Scheme, as well as non-government superannuation funds in certain cases. Employer contributions amounting to $7,388,419 in relation to these schemes have been expensed in these financial statements.

No liability is shown for superannuation in the Statement of Financial Position as the employer contributions fully extinguish the accruing liability which is assumed by the Commonwealth.

Employer Superannuation Productivity Benefit contributions totalled $1,411,245 (2000-2001 $1,638,183).

Note 2G - Leases

DOTARS entered into a sale and leaseback operating lease in 1999-2000 for IT equipment. Operating lease payments are charged to the Statement of Financial Performance on a basis which is representative of the pattern of benefits derived from the leased assets. The lessor effectively retains the risks and benefits incidental to ownership.

The carrying amounts of relevant assets were written down to fair value with effect from 1 July 1999 with the consequent loss on sale of $3.4m being amortised over three years.

The net present value of future net outlays in respect of surplus space under non-cancellable lease agreements is expensed in the period in which the space becomes surplus.

Lease incentives taking the form of free leasehold improvements and rent holidays are recognised as liabilities. These liabilities are reduced by allocating lease payments between rental expense and reduction of the liability over the estimated useful life or the unexpired period of the lease.

Note 2H - Cash

Cash includes notes and coins held, deposits held at call with a bank or financial institution, and term deposits with a bank or financial institutions.

Note 2I - Financial Instruments

Accounting policies for financial instruments are summarised at Note 19.

Note 2J - Acquisition of Assets

Assets are recorded at cost on acquisition except as stated below. The cost of acquisition includes the fair value of assets transferred in exchange and liabilities undertaken.

Assets acquired at no cost, or for nominal consideration, are initially recognised as assets and revenues at their fair value at the date of acquisition, unless acquired as a consequence of restructuring administrative arrangements. In the latter case, assets are initially recognised at the amounts at which they were recognised in the transferor agencys accounts immediately prior to the restructuring.

Software

Internally developed computer software is recognised when it is probable the future economic benefits will flow and the amounts can be reliably measured. The costs arising from planning the project are expensed, as these do not add to the functionality and therefore service potential of the software.

Note 2K - Property, Plant and Equipment

Asset Recognition Threshold

Purchases of property, plant and equipment are recognised initially at cost in the Statement of Financial Position, except for purchases costing less than $5,000. These are expensed in the year of acquisition.

Items of plant and equipment acquired as part of a leasehold fitout are capitalised in the year of acquisition regardless of historical cost. Leasehold improvements are valued on a project basis and therefore include items of plant and equipment with a unit value of less than $5,000.

Revaluations

Schedule 1 to the Finance Management and Accountability (Financial Statements 2001-2002) Orders requires that land and buildings, plant and equipment be progressively revalued in accordance with the deprival method of valuation in successive 3 year cycles.

DOTARS is implementing this cyclical asset valuation requirement on a geographical basis and in 2001-2002, valuations were completed for Central Office assets.

Assets in each class acquired after the commencement of the progressive revaluation cycle will be reported on the basis of the value initially recognised on acquisition until the next revaluation for that asset class and location.

The application of the deprival method means DOTARS values its land at its current market buying price and its property, plant and equipment at its depreciated replacement cost. Any assets which would not be replaced or are surplus to requirements are valued at net realisable value. As at 30 June 2002, DOTARS had no such assets in this situation.

All valuations are independent.

Recoverable amount test

Schedule 1 requires the application of the recoverable amount test to agency non-current assets in accordance with AAS 10 Accounting for the Revaluation of Non-Current Assets. The carrying amounts of these non-current assets have been reviewed to determine whether they are in excess of their recoverable amounts. In assessing recoverable amounts, the relevant cash flows have been discounted to their present value.

Revaluations are accounted for by separately stating the gross amount and the related accumulated depreciation of the revalued asset, except for buildings that have been accounted for using the net value.

Depreciation and Amortisation

Depreciable property plant and equipment assets are written-off to their estimated residual values over their estimated useful lives. In all cases, the straight-line method of depreciation is used by DOTARS. Leasehold improvements are amortised on a straight line basis over the lesser of the estimated useful life of the improvements or the unexpired period of the lease.

Depreciation/amortisation rates (useful lives) and methods are reviewed at each balance date and necessary adjustments are recognised in the current, or current and future reporting periods, as appropriate. Residual values are re-estimated for a change in price only when assets are revalued.

Depreciation and amortisation rates applying to each class of depreciable asset are as follows:

2001-2002

2000-2001

Buildings on freehold land

25 to 60 years

25 to 60 years

Leasehold improvements

Lease term

Lease term

Infrastructure, plant and equipment

3 to 80 years

3 to 80 years

Intangible assets

5 years

5 years

The aggregate amount of depreciation allocated for each class of asset during the reporting period is disclosed in the Notes.

Note 2L - Inventories

Inventories held for resale are valued at the lower of cost and net realisable value.

Inventory not held for resale is valued at cost, unless it is no longer required, in which case it is valued at net realisable value.

Costs incurred in bringing each item of inventory to its present location and condition are assigned as follows:

  • raw materials and stores - purchase cost on a First In First Out basis; and
  • finished goods and work in progress - cost of direct materials and labour plus attributable costs that are capable of being allocated on a reasonable basis.

Note 2M - Taxation

DOTARS is exempt from all forms of Commonwealth taxation except fringe benefits tax and the goods and services tax.

Note 2N- Capital Use Charge (CUC)

A CUC of 11% is imposed by the Commonwealth on the net agency assets of DOTARS. The charge is adjusted to take account of asset gifts, discovered assets and revaluation increments during the financial year.

Whilst funding for the CUC is reported as revenue in the Statement of Financial Performance, the repayment of CUC is not considered an expense as it is equity in nature. Payment of the CUC is reported at Note 12A.

Note 2P - Foreign Currency

Transactions denominated in a foreign currency are converted at the exchange rate at the date of the transaction.

Note 2Q - Insurance

The Commonwealths insurable risk managed fund Comcover commenced operations in 1998-1999. DOTARS has insured with the fund for assets and other risks. Comcare provides DOTARS with workers compensation coverage.

Note 2R - Comparative Figures

Comparative figures have been adjusted to conform with changes in presentation in these financial statements where required. Note 20C, includes a reclassification of $11.628m from land to buildings. The change reflects the Governments intention to defer development of the Badgerys Creek site for an extended period.

Note 2S - Budget

To assist in meeting the responsibilities of the Government to public accountability, these financial statements present Budget comparatives as presented in the Portfolio Additional Estimates Statements (PAES). The PAES supplement the original Portfolio budget statements for the year to support the Parliaments consideration of DOTARS Budget.

Note 2T - Rounding

Amounts have been rounded to the nearest $1,000 except in relation to the following:

  • remuneration of executives;
  • remuneration of auditors; and
  • act of grace payments and waivers.

Totals are the rounded sums of unrounded figures.

Note 2U - Reporting of Administered Activities

Administered revenues, expenses, assets, liabilities and cash flows are presented in the Notes to these financial statements. In 2000-2001, summary information was presented in Schedules following the primary Agency statements. AAS 29 Financial Reporting by Government Departments permits either presentation.

Accounting policies for administered items are stated in Note 2A above.

These financial statements do not report the receipt of administered appropriations from the Official Public Account (OPA) as administered revenues, nor are transfers of administered receipts to the OPA reported as administered expenses. This change in 2001-2002 acknowledges that the administered activities of agencies are performed on behalf of the Commonwealth Government and it is not appropriate to identify resources transferred between administered activities of different agencies as revenues and expenses of the Administered entity. Generally, therefore, the notes to these financial statements do not report any transactions or balances that are internal to the Administered entity. One exception is the disclosure of administered cash flows, since cash transferred between the OPA and DOTARS administered bank account is necessary for the completeness of the cash flow disclosures.

Accounting policies, which are relevant to, administered activities only of DOTARS are disclosed below.

Grant Payments

These payments were previously recognised as an asset and expensed in accordance with predetermined milestones. Grant payments are now accounted for as an expense immediately upon disbursement as the milestones are typically measures of compliance with the terms of the grant, rather than indicators that a future economic benefit is to be realised. This change in policy increased Grant Expenses Administered on Behalf of Government (refer Note 20B) by $258.2m (the 2000-2001 change to grant expenses would be an increase of $266.5m).

Grants Liabilities and Commitments

DOTARS administers a number of grant programmes on behalf of the Commonwealth.

Grant liabilities are recognised to the extent that:

  1. the services required to be performed, by the grantee have been performed, or
  2. the grant eligibility criteria have been satisfied.

A commitment is recorded when the Commonwealth has a binding agreement to make the grants but services have not been performed, or criteria satisfied. Where grant moneys are paid in advance of performance or eligibility, a prepayment is recognised.

Administered Investments

Administered investments in controlled entities are not consolidated because their consolidation is relevant only at the whole-of-government level.

The Commonwealths investment in other controlled authorities and companies in this portfolio is valued at the aggregate of the Commonwealths share of the net assets or net liabilities of each entity fixed at 30 June 1997, as adjusted for any subsequent capital injections or withdrawals.

Non-Financial Assets - Airport Land

The Department has not placed a monetary valuation on freehold land at airports leased by the Commonwealth to private sector interests. This policy takes account of the fact that land at the 20 civilian airports owned by the Commonwealth are subject to lease arrangements whereby the land is leased for 50 years with a 49 year extension option. Consideration consists of upfront payments from the lessors, without any subsequent annual lease payments. For the purpose of financial reporting the land at these airports is therefore assessed as having no deprival value because of the extended period before which any future revenue stream will accrue.

Infrastructure built on the freehold land is an asset of the lessor and is also not reflected in the accompanying financial statements.

Back to Top   

Events Occurring after Balance Date

No material events have occurred after balance date.

Back to Top   

Operating Revenues

2001-2002

2000-2001

$'000

$'000

Note 4A - Revenues from Government

Appropriations for outputs

212 793

190 482

Resources received free of charge

215

215

Total

213 008

190 697

Note 4B - Sale of Goods and Services

Revenues from Services

Airport/Marine

1 190

838

Electricity, water and sewerage

4 898

4 470

Health/Housing

855

795

Services provided to other government agencies

1 829

-

Other

1 431

1 141

Total

10 203

7 244

Services were sold as follows:

Government

425

Non-Government

9 778

Total

10 203

Note 4C - Net Gain from Sale of Assets

Land and Buildings

Proceeds from sale

-

3 556

Net book value at sale

-

1 134

Net Gain

-

2 422

Infrastructure, plant and equipment

Proceeds from sale

-

80

Net book value at sale

-

1 329

Net Loss

-

(1 249)

Total Net Gain from sale of assets

-

1 173

Write down of assets (Note 5E)

-

16 299

Net (Loss) on disposal of property, plant and equipment and intangibles

-

(15 126)

Note 4D - Other Revenue

Insurance Recoveries

126

2 500

Other

4 826

3 718

Total

4 952

6 218

Back to Top   

Operating Expenses

2001-2002

2000-2001

$'000

$'000

Note 5A - Employee Expenses

Remuneration (for services provided)

72 712

61 794

Separation and redundancy

1 664

3 473

Total remuneration

74 376

65 267

Other employee expenses

2 221

3 508

Total

76 597

68 775

Note 5B - Suppliers Expenses

Road works

4 277

3 992

Property operating costs

13 493

14 467

Repairs & maintenance

3 907

2 283

Transport

3 868

3 184

Communication

11 940

9 998

Professional services

27 635

25 046

Fuel & electricity

5 989

5 645

Law enforcement

2 273

2 343

Travel

5 460

5 306

Housing rental

318

335

Health care

1 470

2 319

Education

9 683

7 854

Other

2 840

3 449

Total

93 153

86 221

Note 5C - Depreciation and Amortisation

Depreciation of property, plant and equipment

9 281

10 702

Amortisation of leasehold improvements

839

496

Amortisation of intangibles

1 111

755

Total

11 231

11 953

The aggregate amounts of depreciation or amortisation expensed during the reporting period for each class of depreciable assets are as follows:

Buildings on freehold land

2 270

2 371

Leasehold improvements

839

496

Infrastructure, plant and equipment

7 011

8 331

Intangibles

1 111

755

Total

11 231

11 953

No depreciation/amortisation was allocated to the carrying amounts of other assets.

Note 5D - Net Loss from Sale of Assets

Land and Buildings

Proceeds from sale

3 138

-

Net book value at sale

3 445

-

Net Gain/(Loss)

(307)

-

Infrastructure, plant and equipment

Proceeds from sale

229

-

Net book value at sale

300

-

Net Loss

(71)

-

Total Net Loss from sale of assets

( 378)

-

Write down of assets (Note 5E)

(1 366)

-

Net Gain/(Loss) on disposal of property, plant and equipment and intangibles

(1 744)

-

Note 5E - Write Down of Assets

Non-financial assets

Land & buildings

463

431

Land & buildingsrevaluation decrement

364

-

Infrastructure, plant and equipment

406

15 615

Intangibles

133

253

Total write down of assets

1 366

16 299

Note 5F - Other Expenses

Local government grants

5 389

4 104

Rebates and subsidies

771

769

Insurance

1 440

2 558

Recognition of asset revaluation decrement

1 473

-

Compensation

59

-

Other operating expenses

3 659

3 302

Total

12 791

10 733

Back to Top   

Borrowing costs expense

2001-2002

2000-2001

$'000

$'000

Leases

147

154

147

154

Back to Top   

Financial Assets

(See note 19)

2001-2002

2000-2001

$'000

$'000

Note 7A - Receivables

Capital Use Charge

-

791

Goods and services

4 264

2 360

GST

1 273

1 222

less: Provision for doubtful debts

(609)

(507)

Total

4 928

3 866

Receivables (Gross) are aged as follows:

Not Overdue

3 511

3 214

Overdue by:

less than 30 days

253

268

30 to 60 days

100

91

60 to 90 days

44

-

more than 90 days

1 630

800

Total

5 537

4 373

Note 7B - Investments

Term Deposits

28 000

33 000

Total

28 000

33 000

Back to Top   

Non-Financial Assets

Note 8A - Land and Buildings

2001-2002

2000-2001

$'000

$'000

Landat valuation (up to 30 June 2001)

4 301

4 674

Total Land

4 301

4 674

Buildings on freehold landat cost

11

1 211

Accumulated depreciation

-

(3)

11

1 208

Buildings on freehold landat valuation (up to 30 June 2001)

84 259

88 092

Accumulated depreciation

(2 584)

(373)

81 675

87 719

Buildingswork in progress

8 574

Leasehold Improvementsat cost

-

7 786

Accumulated amortisation

-

(797)

-

6 989

Leasehold Improvementsat valuation (30 June 2002)

7 497

-

7 497

-

Leasehold improvementswork in progress

-

1 090

Total Buildings

97 757

97 006

Total Land and Buildings

102 058

101 680

Leasehold improvements were revalued as at 30 June 2002, in accordance with the progressive revaluation policy stated at Note 2. The valuations were completed by an independent valuer, Brian Hurrel (AAPI) of the Australian Valuation Office. A revaluation decrement of $363,953.46 was expensed.

Note 8B - Infrastructure, Plant and Equipment

Infrastructure, plant and equipmentat cost

15

2 565

Accumulated depreciation

-

(369)

15

2 196

Infrastructure, plant and equipmentat valuation (30 June 1996 to 2000)

167

2 526

Accumulated depreciation

(93)

(732)

74

1 794

Infrastructure, plant and equipmentat valuation (up to 30 June 2001)

95 961

88 368

Accumulated depreciation

(7 574)

(866)

88 387

87 502

Infrastructure, plant and equipmentat valuation ( 30 June 2002)

2 540

-

Accumulated depreciation

(13)

-

2 527

-

Infrastructure, plant and equipmentwork in progress

17 305

8 209

Total infrastructure, plant and equipment

108 308

99 701

In accordance with the progressive revaluation policy stated at Note 2, items of infrastructure, plant and equipment were revalued as at 30 June 2002. The valuations were completed by an independent valuer, Simon OLeary (AAPI) of the Australian Valuation Office. A revaluation decrement of $64,576.23 for infrastructure plant and equipment was transferred to the asset revaluation reserve.

Note 8C - Intangibles

Intangiblescomputer softwareat cost

6 040

4 015

Accumulated amortisation

(2 341)

(1 348)

3 699

2 667

Intangiblescomputer softwarework in progress

6 639

1 442

Total intangibles

10 338

4 109

Note 8D - Analysis of Property, Infrastructure, Plant and Equipment, and Intangibles

TABLE A - Movement Summary 2001-2002 for all assets irrespective of valuation basis

Item

Land

Buildings

Buildings- Leasehold Improve- ments

Total land & buildings

Infrastructure, plant and equipment

Computer Software Intangibles

TOTAL

$'000

$'000

$'000

$'000

$'000

$'000

$'000

Gross value as at

1 July 2001

4 675

89 303

7 786

101 764

101 669

5 456

208 889

Additions

-

7 495

1 711

9 206

16 371

7 474

33 051

Revaluations: write-ups/(downs)

-

-

(1 699)

(1 699)

(875)

-

(2 574)

Assets transferred in/(out)

-

(360)

-

(360)

17

-

(343)

Write-offs

(14)

(771)

(301)

(1 086)

(632)

(251)

(1 969)

Disposals

(360)

(3 125)

-

(3 485)

(439)

-

(3 924)

Gross value as at

30 June 2002

4 301

92 542

7 497

104 340

116 111

12 679

233 130

Accumulated depreciation/

amortisation as at

1 July 2001

(377)

(797)

(1 174)

(1 968)

(1 348)

(4 490)

Depreciation/amortisation

charge for the year

(2 270)

(839)

(3 109)

(7 011)

(1 111)

(11 231)

Additions

n/a

-

-

-

-

-

-

Revaluations

n/a

-

1 335

1 335

810

-

2 145

Assets transferred in/(out)

n/a

3

-

3

-

-

3

Write-offs

n/a

322

301

623

226

118

967

Disposals

n/a

40

-

40

140

-

180

Accumulated depreciation/

amortisation as at

30 June 2002

-

(2 282)

-

(2 282)

(7 803)

(2 341)

(12 426)

Net book value as at

30 June 2002

4 301

90 260

7 497

102 058

108 308

10 338

220 704

Net book value as at

1 July 2001

4 675

88 926

6 989

100 590

99 701

4 108

204 399


TABLE B - Assets at Valuation

Item

Land

Buildings

Buildings- Leasehold Improve- ments

Total land & buildings

Infrastructure, plant and equipment

Computer Software Intangibles

TOTAL

$'000

$'000

$'000

$'000

$'000

$'000

$'000

As at 30 June 2002

Gross value

4 301

84 259

7 497

96 057

98 668

-

194 725

Accumulated depreciation/

amortisation

-

(2 584)

-

(2 584)

(7 680)

-

(10 264)

Net book value

4 301

81 675

7 497

93 473

90 988

-

184 461

As at 30 June 2001

Gross value

4 675

89 303

7 786

101 764

101 669

5 456

208 889

Accumulated depreciation/

amortisation

-

(377)

(797)

(1 174)

(1 968)

(1 348)

(4 490)

Net book value

4 675

88 926

6 989

100 590

99 701

4 108

204 399


TABLE C - Assets Under Construction

Item

Land

Buildings

Buildings- Leasehold Improve- ments

Total land & buildings

Infrastructure, plant and equipment

Computer Software Intangibles

TOTAL

$'000

$'000

$'000

$'000

$'000

$'000

$'000

As at 30 June 2002

Gross value

-

8 574

-

8 574

17 305

6 639

32 518

Accumulated depreciation/

amortisation

-

-

-

-

-

-

-

Net book value

-

8 574

-

8 574

17 305

6 639

32 518

As at 30 June 2001

Gross value

-

-

1 091

1 091

8 209

1 442

10 742

Accumulated depreciation/

amortisation

-

-

-

-

-

-

-

Net book value

-

-

1 091

1 091

8 209

1 442

10 742


2001-2002

2000-2001

$'000

$'000

Note 8E - Inventories

Finished goods held for sale (at cost)

8

22

Stores not held for sale (at cost)

2 150

2 041

Total

2 158

2 063

Note 8F - Other Non Financial Assets

Prepayments

2 176

2 062

Other assetsdeferred loss

-

352

Total

2 176

2 414

Back to Top   

Interest Bearing Liabilities

Note 9 - Lease Incentives

2001-2002

2000-2001

$'000

$'000

Lease incentives (12 months or less)

358

325

Lease incentives (more than 12 months)

1 897

2 255

2 255

2 580

Current

358

325

Non-current

1 897

2 255

Back to Top   

Provisions

Note 10 - Employee Provisions

2001-2002

2000-2001

$'000

$'000

Salaries and wages

1 725

1 454

Annual leave

10 233

8 314

Long service leave

13 971

12 164

Superannuation

254

218

Aggregate employee entitlement liability

26 183

22 150

Other

631

637

Total

26 814

22 787

Current

6 095

5 899

Non-current

20 719

16 888

Back to Top   

Payables

Note 11A - Supplier Payables

2001-2002

2000-2001

$'000

$'000

Trade creditors

2 189

3 686

Accrued expenses

6 794

7 877

Operating lease rentals

7

7

Other

109

176

Total

9 099

11 746

Current

9 099

11 746

Non-current

-

-

Note 11B - Other Payables

Surplus Lease Space Liability (12 months or less)

71

109

Surplus Lease Space Liability (more than 12 months)

-

71

Unearned Income

804

716

Total

875

896

Current

875

825

Non-current

-

71

Back to Top   

Equity

Note 12A - Analysis of Equity

Item

Accumulated
Results

Asset Revaluation Reserve

Total
Reserves

Contributed
Equity

TOTAL
EQUITY

2001-

2000-

2001-

2000-

2001-

2000-

2001-

2000-

2001-

2000-

2002

2001

2002

2001

2002

2001

2002

2001

2002

2001

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

Opening Balance

1 July

167 983

179 803

12 287

9 959

12 287

9 959

34 225

29 396

214 495

219 158

Net surplus after

extraordinary items

34 711

14 682

-

-

-

-

-

-

34 711

14 682

Net revaluation

increment/(decrement)

-

-

146

2 328

146

2 328

-

-

146

2 328

Capital use charge

(24 614)

(26 502)

-

-

-

-

-

-

(24 614)

(26 502)

Contribution of

Equity: appropriation

-

-

-

-

-

-

-

4 829

-

4 829

Restructuring transfers

-

-

-

-

-

-

-

(1 231)

(1 231)

-

Closing Balance 30 June

178 080

167 983

12 433

12 287

12 433

12 287

32 994

34 225

223 507

214 495


Note 12B - Restructuring

As a result of administrative arrangements, DOTARS assumed responsibility on 26 November 2001 for the following functions:

  • The Area Consultative Committees and the Regional Assistance Programme from the Department of Employment and Workplace Relations; and
  • Natural Disaster Relief Arrangements from the Department of Finance and Administration.

DOTARS relinquished its responsibility for the customs functions in the Indian Ocean Territories to the Australian Customs Service, in accordance with Customs Amendment Ordinance 2001 (No 1).

In respect of the functions assumed, the net book values of assets and liabilities transferred to DOTARS for no consideration and recognised as at the date of transfer were:

2001-2002

2000-2001

$'000

$'000

Total assets recognised

659

-

Total liabilities recognised

(1 514)

-

Net assets assumed

(855)

-

In respect of functions relinquished, the following assets and liabilities were

transferred by DOTARS:

Total assets relinquished

(376)

-

Total liabilities relinquished

-

-

Net assets relinquished

(376)

-

Net contribution by Government as owner during the year

(1 231)

-

Area Consultative Committees & Regional Assistance Programme

Revenues

Recognised by the Department of Employment and Workplace Relations

5 579

-

Recognised by DOTARS

4 594

-

Total revenues

10 173

-

Expenses

Recognised by the Department of Employment and Workplace Relations

5 576

-

Recognised by DOTARS

3 556

-

Total expenses

9 132

-

Natural Disaster Relief Arrangements

Revenues

Recognised by the Department of Finance

120

-

Recognised by DOTARS

1 515

-

Total revenues

1 635

-

Expenses

Recognised by the Department of Finance

120

-

Recognised by DOTARS

825

-

Total expenses

945

-

Back to Top   

Cash Flow Reconciliation

2001-2002

2000-2001

$'000

$'000

Reconciliation of operating surplus (deficit) to net cash

provided by operating activities:

Net surplus (deficit)

34 711

14 682

Revenues from government

-

-

Other revenue (Discovered Assets)

(620)

(1 851)

Depreciation/Amortisation

11 231

11 953

(Profit) Loss on sale of non-current assets

378

837

Assets write down

1 366

16 299

Increase in net assets from restructuring

Changes in assets/liabilities:

Decrease (increase) in receivables

(1 779)

(1 673)

Decrease (increase) in accrued revenue

1 930

(2 214)

Decrease (increase) in inventories

(96)

387

Decrease (increase) in other assets

238

2 411

(Decrease) increase in other debt

( 325)

2,147

(Decrease) increase in payables

(3 788)

4 268

(Decrease) increase in employee provisions

2 513

(825)

(Decrease) increase in unearned income

(21)

(520)

Net cash provided by operating activities

45 738

45 901

Back to Top   

Remote Contingencies

The following claims against the Department have been reported as remote contingencies as there is a low likelihood of the matters being resolved against the Department.

Arcadia & Anor V Brown & Anors

The plaintiffs allege that Minister Brown and employees of the Department negligently made statements regarding the Motor Vehicle Standards Act and imposition of a $12,000 import tariff on second hand vehicles. The amount being claimed is $3.6m.

Ain bin Marsh V Commonwealth

A claim for $1.5m is being made against the Commonwealth by ex-Christmas Island residents for unconscionable conduct.

AA Transport Projects P/L & Glennan V Commonwealth & NSW

The plaintiffs are claiming $0.75m damages resulting from the operation of Sydney airport.

The Department has claims against Phosphate Resources Ltd for the recovery of unpaid electricity charges. The amount being claimed is $113,000.

Back to Top   

Executive Remuneration

2001-2002

2000-2001

The number of executives who received or were due to receive

total remuneration of $100,000 or more:

$100 000 to $110 000

-

1

$110 001 to $120 000

2

3

$120 001 to $130 000

2

2

$130 001 to $140 000

9

5

$140 001 to $150 000

7

1

$150 001 to $160 000

5

13

$160 001 to $170 000

4

6

$170 001 to $180 000

4

1

$180 001 to $190 000

2

1

$190 001 to $200 000

1

4

$200 001 to $210 000

2

-

$210 001 to $220 000

1

-

$350 001 to $360 000

1

1

40

38

The aggregate amount of total remuneration of Executives

shown above:

$6 377 838

$5 975 268

The aggregate amount of separation and redundancy payments

during the year to Executives shown above:

$ 0

$315 510

A determination in respect of performance pay of the Chief Executive had not been made at the time of finalisation of these statements.

Back to Top   

Services provided by the Auditor-General

2001-2002

2000-2001

Financial statement audit services are provided free of charge to the

Department. The fair value of audit services provided was:

$ 215 000

$ 215 000

Back to Top   

Average Staffing Levels

2001-2002

2000-2001

Average staffing levels for the Agency during the year were:

1 045

971

Back to Top   

Act of Grace Payments, Waivers and Defective Administration Scheme

2001-2002

2000-2001

$

$

No 'Act of Grace' payments were made during the reporting period.

Nil

Nil

No waivers of amounts owing to the Commonwealth were made

pursuant to subsection 34(1) of the Financial Management and

Accountability Act 1997.

Nil

Nil

No payments were made under the Defective Administration Scheme

during the reporting period.

Nil

Nil

Back to Top   

Financial Instruments

Note 19A - Terms, Conditions and Accounting Policies

Financial Instrument

Notes

Accounting Policies and Methods (including recognition criteria and measurement basis)

Nature of Underlying Instrument (including significant terms and conditions affecting the amount, timing and certainty of cash flows)

Financial Assets

Financial assets are recognised when control over future economic benefits is established and the amount of the benefit can be reliably measured.

Cash

13

Deposits are recorded at their nominal amounts. Interest is credited to revenue as it accrues.

The Department invests funds at call with a commercial bank.

Receivables for goods and services

7A

These receivables are recognised at the nominal amounts due, less any provision for bad and doubtful debts. Collectability of debts is reviewed at balance date. Provisions are made when collection of the debt is judged to be less rather than more likely.

Credit terms are net 30 days (2000-2001: 30 days).

Investments

7B

Term deposits are recorded at their nominal amounts. Interest is credited to revenue as it accrues.

The Department invests term deposits with a commercial bank.

Accrued revenue

Revenues are recognised as the Department becomes entitled to the revenue.

Financial liabilities

Financial liabilities are recognised when a present obligation to another party arises and the amount of the liability can be reliably measured.

Lease incentives

9

The lease incentive is recognised as a liability on receipt of the incentive. The amount of the liability is reduced on a straight-line over the life of the lease by allocating lease payments between rental expense and reduction of the liability for financial leases and against the rental expense for operating leases.

The Department has received the following lease incentives:

  • a rent-free period on the transfer of a property operating lease to the Department in June 1999
  • contributions towards the cost of fitting-out two buildings, August and November 2000

Surplus lease Space Liability

11B

When a lease is non-cancellable and future payments are for surplus space, a liability and an expense shall be recognised.

At the reporting date, the Department had surplus lease space liability with terms averaging 3 years and a maximum term of 5 years. The incremental borrowing rate used averaged 5.63%. The lease assets secure the lease liabilities.

Trade creditors

11A

Creditors and accruals are recognised at their nominal amounts, being the amounts at which the liabilities will be settled. Liabilities are recognised to the extent that the goods or services have been received (and irrespective of having been invoiced).

Settlement is usually made net 30 days.


Note 19B - Interest Rate Risk

Financial Instrument

Notes

Floating
Interest
Rate

Fixed Interest Rate

Non-Interest Bearing

Total

Weighted Average Effective

1 year
or less

1 to 2
years

2 to 5
years

> 5
years

Interest Rate

01-02

00-01

01-02

00-01

01-02

00-01

01-02

00-01

01-02

00-01

01-02

00-01

01-02

00-01

01-02

00-01

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

%

%

Financial Assets

Cash

-

-

4 824

3 781

-

-

-

-

-

-

-

-

4 824

3 781

2

2

Receivables

7A

-

-

-

-

-

-

-

-

-

-

4 928

3 866

4 928

3 866

n/a

n/a

Investments

7B

-

-

28 000

33 000

-

-

-

-

-

-

-

-

28 000

33 000

5

7

Accrued Revenue

-

-

-

-

-

-

-

-

-

-

1 049

2 980

1 049

2 980

n/a

n/a

Total Financial Assets

-

-

32 824

36 781

-

-

-

-

-

-

5 977

6 846

38 801

43 627

(Recognised)

Total Assets

263 839

252 504

Financial Liabilities

Suppliers

11A

-

-

-

-

-

-

-

-

-

-

9 099

11 746

9 099

11 746

n/a

n/a

Unearned income

11B

-

-

-

-

-

-

-

-

-

-

804

716

804

716

n/a

n/a

Total Financial Liabilities

-

-

-

-

-

-

-

-

-

-

9 903

12 462

9 903

12 462

(Recognised)

Total Liabilities

40 332

38 009

Note 19C - Net Fair Values of Financial Assets and Liabilities

2001-2002

2000-2001

Total

Aggregate

Total

Aggregate

Carrying

Net Fair

Carrying

Net Fair

Amount

Value

Amount

Value

Note

$'000

$'000

$'000

$'000

Financial Assets

Cash at Bank

4 824

4 824

3 781

3 781

Receivables for goods and services

7A

4 928

4 928

3 866

3 866

Investments

7B

28 000

28 000

33 000

33 000

Accrued Revenue

1 049

1 049

2 980

2 980

Total Financial Assets

38 801

38 801

43 627

43 627

Financial Liabilities

Suppliers

11A

9 099

9 099

11 746

11 746

Unearned income

11B

804

804

716

716

Total Financial Liabilities

9 903

9 903

12 462

12 462

Financial Assets

The net fair values of cash and non-interest bearing monetary financial assets approximate their carrying amounts.

Financial Liabilities

The net fair values of the surplus lease space and lease incentive liabilities are based on discounted cash flows using current interest rates for liabilities with similar risk profiles.

The net fair values for trade creditors are approximated by their carrying amounts.

Note 19D - Credit Risk Exposures

The Department's maximum exposure to credit risk at reporting date in relation to each class of recognised financial assets is the carrying amount of those assets as indicated in the Statement of Financial Performance.

The Department has no significant exposures to any concentrations of credit risk. All figures for credit risk referred to do not take into account the value of any collateral or other security.

Back to Top   

Appropriations

Note 21A - Appropriation Acts (No. 1/3) 2001-2002

Particulars

Administered

Departmental

Total

Expenses

Outputs

Outcome 1

$

$

$

Year ended 30 June 2002

Balance carried from previous year

9 965 718

36 103 000

46 068 718

Appropriation for reporting period (Act 1)

203 445 000

199 845 000

403 290 000

Appropriation for reporting period (Act 3)

125 782 000

18 545 000

144 327 000

Adjustments determined by the Finance Minister

(43 311 000)

-

(43 311 000)

Funding for Very High Speed Trainwithdrawn

-

(12 700 000)

(12 700 000)

Amounts from Advance to the Finance Minister

-

-

-

Amounts from Comcover receipts

-

-

-

Refunds credited (FMA s 30)

-

-

-

GST credits (FMA s 30A)

10 675 570

7 110 000

17 785 570

Annotations to 'net appropriations' (FMA s 31)

-

18 754 000

18 754 000

Other annotations

-

-

-

Transfer to/from other agencies (FMA s 32)

42 024 995

7 457 821

49 482 816

Administered expenses lapsed (expended)

(71 573 588)

-

(71 573 588)

Available for payments

277 008 695

275 114 821

552 123 516

Payments made

268 360 489

242 969 000

511 329 489

Balance carried to next year

8 648 206

32 145 821

40 794 027

Year ended 30 June 2001

Available for payments 2001

205 844 512

249 847 000

455 691 512

Payments made 2001

195 878 794

213 744 000

409 622 794

Balance carried forward to 1 July 2001

9 965 718

36 103 000

46 068 718


FMA = Financial Management and Accountability Act 1997

Act 1 = Appropriations Act (No.1) 2001-2002

Act 3 = Appropriations Act (No.3) 2001-2002

There were no savings offered up during the year and there have been no savings offered up in previous years that are still ongoing.

Any amounts of administered appropriations for 2001-2002 shown above as lapsed are estimates only.

Prior year 'available' figures have been adjusted where the final determinations of amounts lapsed differed to that reported in 2000-2001.

Note 21B - Appropriation Acts (No. 2/4) 2001-2002

Particulars

Administered

Capital

Total

Outcome 1

Admin

Departmental

SPPs

Other

Capital

Equity

Loans

Carryovers

$

$

$

$

$

$

$

Year ended 30 June 2002

Balance carried from previous year

557 479

-

3 170 116

-

-

-

3 727 595

Current appropriation (Act 2)

96 617 000

-

-

-

-

-

96 617 000

Current appropriation (Act 4)

6 476 000

-

-

3 800 000

-

-

10 276 000

Adjustments determined by the Finance Minister

-

-

-

-

-

-

-

Amounts from Advance to the Finance Minister

-

-

-

-

-

-

-

Amounts from Comcover receipts

-

-

-

-

-

-

-

Refunds credited (FMA s 30)

-

-

-

-

-

-

-

GST credits (FMA s 30A)

-

-

-

-

-

-

-

Annotations to 'net appropriations' (FMA s 31)

-

-

-

-

-

-

-

Other annotations

-

-

-

-

-

-

-

Transfer to/from other agencies (FMA s 32)

63 722 801

-

4 563 517

-

-

-

68 286 318

Administered expenses lapsed under determination

(35 854 439)

-

(4 246 433)

-

-

-

(40 100 872)

Available for payments

131 518 841

-

3 487 200

3 800 000

-

-

138 806 041

Payments made

131 518 841

-

341 340

-

-

-

131 860 181

Balance carried to next year

-

-

3 145 860

3 800 000

-

-

6 945 860

Year ended 30 June 2001

Available for payments 2001

57 474 744

2 528 350

3 784 260

4 829 000

-

-

4 829 000

Payments made 2001

56 917 265

2 528 350

614 144

4 829 000

-

-

4 829 000

Balance carried forward to 1 July 2001

557 479

-

3 170 116

-

-

-

-


Act 2 = Appropriations Act (No.2) 2001-2002

Act 4 = Appropriations Act (No.4) 2001-2002

There were no savings offered up during the year and there have been no savings offered up in previous years that are still ongoing.

Any amounts of administered appropriations for 2001-02 shown above as lapsed are estimates only.

Prior year 'available' figures have been adjusted where the final determinations of amounts lapsed differed to that reported in 2000-2001.


Note 21C - Special Appropriations (Unlimited Amount)

Particulars of legislation providing

Administered

appropriation (including purpose)

Expenses

Outcome 1

2001-2002

2000-2001

$

$

Australian Land Transport Development Act 1988

Budget estimate

1 063 269 000

875 707 000

Payments made

1 063 268 999

875 442 653

Refunds credited (section 30)

Interstate Road Transport Act 1985

Budget estimate

30 100 000

27 100 000

Payments made

31 340 964

26 570 092

Refunds credited (section 30)

Local Government (Financial Assistance) Act 1995

Budget estimate

1 382 138 103

1 322 492 783

Payments made

1 382 138 103

1 322 492 783

Refunds credited (section 30)

Protection of the Sea (Oil Pollution Compensation Fund) Act 1993

Budget estimate

4 742 745

5 900 000

Payments made

4 742 745

4 200 792

Refunds credited (section 30)

Stevedoring Levy Collection Act 1998

Budget estimate

28 965 000

29 940 000

Payments made

28 778 333

29 883 795

Refunds credited (section 30)

Roads to Recovery Act 2000

Budget estimate

300 000 000

150 000 000

Payments made

300 000 000

150 000 000

Refunds credited (section 30)


Note 21D - Special Accounts

Australian Land Transport Development
Legal Authority : Australian Land Transport Development Act 1988
Purpose : to provide assistance to the States and Territories for land transport upgrading and maintenance, including funding for urban public transport and land transport research.

Particulars

Administered

Account 1

2001-2002

2000-2001

$

$

Balance carried from previous year

-

-

Appropriations for reporting period

1 063 268 999

875 442 653

Receipts from other sources

-

-

Refunds credited (FMA s 30)

-

-

GST credits (FMA s 30A)

-

-

Available for payments

1 063 268 999

875 442 653

Payments made

1 063 268 999

875 442 653

Balance carried to next year

-

-

Interstate Road Transport Charges
Legal Authority : Interstate Road Transport Act 1985
Purpose : to provide for payments to the States and Territories for maintenance and upkeep of roads from registration charges received from vehicles engaged in interstate trade and commerce.

Particulars

Administered
Account 1

2001-2002

2000-2001

$

$

Balance carried from previous year

-

-

Appropriations for reporting period

31 340 964

26 570 092

Receipts from other sources

-

-

Refunds credited (FMA s 30)

-

-

GST credits (FMA s 30A)

-

-

Available for payments

31 340 964

26 570 092

Payments made

31 340 964

26 570 092

Balance carried to next year

-

-

Rural Transaction Centres
Legal Authority: Telstra (Further Dilution of Public Ownership) Act 1999
Purpose : enabling people in rural areas to have access to services and technology that enable them to obtain information or carry out transactions.

Particulars

Administered

Account 1

2001-2002

2000-2001

$

$

Balance carried from previous year

52 877 718

59 097 297

Appropriations for reporting period

-

-

Receipts from other sources

-

-

Refunds credited (FMA s 30)

-

-

GST credits (FMA s 30A)

732 960

628 241

Available for payments

53 610 678

59 725 538

Payments made

14 659 859

6 847 820

Balance carried to next year

38 950 819

52 877 718

Federation Fund Reserve
Legal Authority: Financial Management and Accountability Act 1997; s20
Purpose: to fund projects of national significance to mark the Centenary of Federation

Particulars

Administered
Account 1

2001-2002

2000-2001

$

$

Balance carried from previous year

144 830 040

221 130 823

Appropriations for reporting period

-

(20 000 000)

Receipts from other sources

-

-

Refunds credited (FMA s 30)

-

-

GST credits (FMA s 30A)

298 422

40

Available for payments

145 128 462

201 130 863

Payments made

59 046 679

56 300 863

Balance carried to next year

86 081 783

144 830 040

Back to Top   

Assets Held in Trust

2001-2002

2000-2001

$'000

$'000

Moneys which are held on behalf of third parties:

Road Safety Research and Public Education

Legal authorityFinancial Management and Accountability Act 1997

Purpose: to accept funds from public and private sector sources towards

the cost of particular projects.

Balance as at 1 July

370

477

add: receipts from third parties

130

-

Available funds for allocation

500

477

less: expenditure

-

( 107)

Balance as at 30 June

500

370


Services for Other Government and Non-Agency Bodies

Legal authorityFinancial Management and Accountability Act 1997

Purpose: for expenditure in connection with services performed on

behalf of other Governments and bodies that are not FMA agencies.

Balance as at 1 July

876

1 332

add: receipts from third parties

1 481

7 321

Available funds for allocation

2 357

8 653

less: expenditure

(1 332)

(7 777)

Balance as at 30 June

1 025

876


Other Trust Moneys Reserve

Legal authorityFinancial Management and Accountability Act 1997

Purpose: for receipt of moneys temporarily held on trust or otherwise

for the benefit of a person other than the Commonwealth.

Balance as at 1 July

673

517

add: receipts from third parties

391

745

Available funds for allocation

1 064

1 262

less: expenditure

( 428)

( 589)

Balance as at 30 June

636

673

Back to Top   

Reporting of Outcomes

Note 23A - Total Cost/Contribution of Outcomes (Whole of Government)

Outcome 1

Actual

Budget

$'000

$'000

Net taxation, fees and fines revenues

(275 867)

(192 369)

Other administered revenues

(75 735)

(135 619)

Net subsidies, benefits and grant expenses

3 458 240

3 507 713

Other administered expenses

65 552

117 597

Net cost of departmental outputs

178 082

202 588

Cost of outcome before extraordinary items

3 350 272

3 499 910

Extraordinary items

-

-

Net cost to Budget outcome

3 350 272

3 499 910


Note 23B - Major Departmental Revenues and Expenses by Output Group

Output Group 1

Output Group 2

Output Group 3

Output Group 4

Total

01-02

00-01

01-02

00-01

01-02

00-01

01-02

00-01

01-02

00-01

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

Operating revenues

Revenues from Government

76 724

80 920

46 018

22 809

2 547

3 677

87 719

83 291

213 008

190 697

Sale of Goods and Services

2 338

1 138

304

158

-

5

7 561

5 943

10 203

7 244

Other non-taxation revenues

3 745

4 403

1 144

1 377

14

214

2 260

4 882

7 163

10 876

Total operating revenues

82 807

86 461

47 466

24 344

2 561

3 896

97 540

94 116

230 374

208 817

Operating expenses

Employees

37 667

42 398

22 698

11 376

1 265

1 916

14 967

13 085

76 597

68 775

Suppliers

34 806

34 961

11 669

10 533

1 007

1 704

45 671

39 023

93 153

86 221

Depreciation and Amortisation

1 566

1 108

639

471

8

49

9 018

10 325

11 231

11 953

Other

5 800

4 996

3 554

1 849

198

256

5 130

19 931

14 682

27 032

Total operating expenses

79 839

83 463

38 560

24 229

2 478

3 925

74 786

82 364

195 663

193 981


Note:
1. The methodology adopted is consistent with the 2002-2003 Portfolio Budget Statements and involves management estimates of percentage of expenditure and revenue attributable to each output group.
2. The Capital Use Charge, although reflected in Revenue from Government, it is not reflected in the Total Expenses in accordance with accounting policy.

Note 23C - Major Classes of Departmental Assets and Liabilities by Output Group

Output Group 1

Output Group 2

Output Group 3

Output Group 4

Non-Attributable

Total

01-02

00-01

01-02

00-01

01-02

00-01

01-02

00-01

01-02

00-01

01-02

00-01

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

Output Specific departmental assets

Inventories

8

-

-

-

-

-

2 150

-

-

2 063

2 158

2 063

Land

-

-

-

-

-

-

4 301

-

-

4 674

4 301

4 674

Buildings on freehold land

-

-

-

-

-

-

90 260

-

-

88 927

90 260

88 927

Investments

-

-

-

-

-

-

21 546

-

-

-

21 546

-

Goods and services receivable

292

-

338

-

99

-

2 854

-

-

-

3 583

-

Less: provision for doubtful debts

-

-

-

-

-

-

(609)

-

-

-

(609)

-

Accrued revenue

257

-

243

-

-

-

540

-

-

-

1 040

-

Infrastructure, plant and equipment

-

-

-

-

-

-

105 776

-

-

-

105 776

-

Other non-financial assets

41

-

150

-

-

-

1 177

-

-

-

1 368

-

Total output specific departmental assets

598

-

731

-

99

-

227 995

-

-

95 664

229 423

95 664

Other departmental assets

Cash at bank and on hand

-

-

-

-

-

-

-

-

4 824

3 781

4 824

3 781

Investments

-

-

-

-

-

-

-

-

6 454

33 000

6 454

33 000

Goods and services receivable

-

-

-

-

-

-

-

-

681

2 360

681

2 360

Net GST receivable

-

-

-

-

-

-

-

-

1 273

1 222

1 273

1 222

Capital use charge receivable

-

-

-

-

-

-

-

-

-

791

-

791

Less: provision for doubtful debts

-

-

-

-

-

-

-

-

-

(507)

-

(507)

Accrued revenue

-

-

-

-

-

-

-

-

9

2 980

9

2 980

Leasehold improvements

-

-

-

-

-

-

-

-

7 497

6 989

7 497

6 989

Infrastructure, plant & equipment

-

-

-

-

-

-

-

-

2 532

99 701

2 532

99 701

Intangibles

-

-

-

-

-

-

-

-

10 338

4 109

10 338

4 109

Other non-financial assets

-

-

-

-

-

-

-

-

808

2 414

808

2 414

Total other departmental assets

-

-

-

-

-

-

-

-

34 416

156 840

34 416

156 840

Output specific departmental

liabilities

Employees

12 008

-

4 372

-

207

-

2 587

-

-

-

19 174

-

Payables suppliers

1 389

-

1 289

-

127

-

1 958

-

-

-

4 763

-

Payables other

431

-

-

-

-

-

216

-

-

-

647

-

Total other departmenta lliabilities

13 828

-

5 661

-

334

-

4 761

-

-

-

24 584

-

Other departmental liabilities

Lease incentives

-

-

-

-

-

-

-

-

2 255

2 580

2 255

2 580

Employees

-

-

-

-

-

-

-

-

7 640

22 787

7 640

22 787

Payables suppliers

-

-

-

-

-

-

-

-

4 336

11 746

4 336

11 746

Payables other

-

-

-

-

-

-

-

-

1 517

896

1 517

896

Total other departmental liabilities

-

-

-

-

-

-

-

-

15 748

38 009

15 748

38 009

Note:
1. Where assets and liabilities could not be reliably allocated to Output Groups, they are classified as non-attributable . The ability to accurately attribute all assets and liabilities to Output Groups has been affected by the organisational restructure of the Department on 1 January 2002.
2. As disclosure of assets and liabilities by Output Groups is a new requirement in 2002, the 2001 figures have not been attributed to Output Groups.

Note 23D - Major Classes of Administered

Outcome 1

2001-2002

2000-2001

$'000

$'000

Operating Revenues

Levies, Fees and Fines

275 867

170 292

Interest

13 035

12 676

Dividends

33 510

45 850

Sales of Goods and Services

6 844

7 238

Other

22 346

5 060

Total operating revenues

351 602

241 116


Operating expenses

Grants

3 365 959

2 398 074

Subsidies

92 281

85 365

Suppliers

56 837

59 696

Depreciation

660

723

Other

8 055

542 860

Total operating expenses

3 523 792

3 086 718


Note 23E - Major Classes of Administered Assets and Liabilities by Outcome

Outcome 1

2001-2002

2000-2001

$'000

$'000

Outcome specific administered assets

Fees and Fines receivable

6 831

6 463

Less: provision for doubtful debts

(180)

(15)

Loans receivables

205 305

186 387

Less: provision for waiving of debts

(8 100)

(1 600)

Total outcome specific administered assets

203 856

191 235


Other administered assets

Cash

16

529

Investments

599 044

930 624

Other

45 221

287 495

Non Financial assets

90 445

74 753

Total other administered assets

734 726

1 293 401


Outcome specific administered liabilities

Suppliers

8 899

16 627

Grants Payable

25 294

8 692

Subsidies

103 348

129 966

Total outcome specific administered liabilities

137 541

155 285


Other Administered liabilities

Other

2 854

1 731

Total other administered liabilites

2 854

1 731

Back to Top