National Capital Authority

Section 3: Explanatory tables and budgeted financial statements

Section 3 presents explanatory tables and budgeted financial statements which provide a comprehensive snapshot of agency finances for the 2014–15 budget year. It explains how budget plans are incorporated into the financial statements and provides further details of the reconciliation between appropriations and programme expenses, movements in administered funds, special accounts and government Indigenous expenditure.

3.1: Explanatory tables

3.1.1: Movement of administered funds between years

The NCA does not have any movement of administered funds between years to report.

3.1.2: Special Accounts

The NCA does not maintain Special Accounts.

3.1.3: Australian Government Indigenous Expenditure

The NCA does not have any Indigenous specific expenses.

Section 3.2: Budgeted Financial Statements

3.2.1: Differences in agency resourcing and financial statements

The agency resource statement (table 1.1) provides a consolidated view of all the resources available to the agency in 2014–15. This includes operating appropriation, equity injections and appropriation receivable that is yet to be drawn down to cover payables and provisions on the balance sheet. For departmental items, operating appropriation is shown as Revenue from Government in the Comprehensive Income Statement (table 3.2.1), while equity injections are shown as a capital budget in the Statement of Changes in Equity (table 3.2.3).

3.2.2: Analysis of budgeted financial statements

Departmental comprehensive income statement

The NCA is budgeting for a break-even operating result, adjusted for depreciation and amortisation expense, in 2014–15 and the forward years.

Revenue from Government will increase by $0.69 million to $16.79 million in 2014–15 reflecting decisions of Government.

Revenue from other sources principally reflects the recovery of costs for the provision of services and rental income.

Budgeted departmental balance sheet

The NCA's net asset position is budgeted to remain consistent.

Schedule of budgeted income and expenses administered on behalf of Government

In 2014–15 the NCA will receive appropriation of:

  • $13.43 million for activities it administers on behalf of Government. This appropriation is directly linked to the administered capital budget and will be used to replace existing administered assets.
  • $0.63 million for supplier expenses including the insurance premium for risks associated with assets on National Land.

In 2014–15, revenue from administered activities primarily includes pay parking revenue, lease revenue on diplomatic land and user charges returned to the Budget.

Schedule of budgeted assets and liabilities administered on behalf of the Government

Total administered assets are budgeted to remain relatively consistent in 2014–15 primarily due to the replacement and upgrade to existing assets offset by depreciation. Capital expenditure includes $3.07 million in 2014–15 for the upgrade of car parks to facilitate pay parking on National Land.

3.2.3: Budgeted financial statements tables

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

Table 3.2.2: Budgeted departmental balance sheet (as at 30 June)

Table 3.2.3: Departmental statement of changes in equity—summary of movement (Budget year 2014–15)

Table 3.2.4: Budgeted departmental statement of cash flows (for the period ended 30 June)

Table 3.2.5: Departmental capital budget statement

Table 3.2.6: Statement of asset movements (2014–15)

Table 3.2.7: Schedule of budgeted income and expenses administered on behalf of Government (for the period ended 30 June)

Table 3.2.8: Schedule of budgeted assets and liabilities administered on behalf of Government (as at 30 June)

Table 3.2.9: Schedule of budgeted administered cash flows (for the period ended 30 June)

Table 3.2.10: Schedule of administered capital budget statement

Table 3.2.11: Schedule of asset movements (2014–15)

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Budget 2014–15