Section 3: Explanatory tables and budgeted financial statements
Estimates of special account flows
IA does not maintain any Special Accounts.
3.2.1: Analysis of budgeted financial statements
Infrastructure Australia (IA) is a statutory authority established on 1 September 2014 following amendment of the Infrastructure Australia Act 2008.
On 1 September 2014, Infrastructure Australia received appropriation of $15.0m for the 2014‑15 financial year to audit Australia's infrastructure, develop a 15 year national infrastructure plan, provide advice on infrastructure matters and establish the authority.
Infrastructure Australia's expected expense budget is $11.8m in 15‑16, $11.6m in 16‑17 and is expected to reduce to $8.9m in 2017‑18.
Reflecting the work programme of Infrastructure Australia in 2014‑15, expenses of $13.4 million is expected resulting in a budgeted operating surplus of $1.6m.
3.2.2: Budgeted financial statements tables
Table 3.2.1: Comprehensive income statement (showing net cost of services) (for the period ended 30 June)
Table 3.2.5: Departmental capital budget statement
IA has nothing to report in the Departmental capital budget statement.