National Capital Authority

Section 3: Explanatory tables and budgeted financial statements

3.1: Explanatory tables

Estimates of special account flows and balances

The NCA does not maintain Special Accounts.

3.2: Budgeted financial statements

3.2.1: Analysis of budgeted financial statements

An analysis of the NCA's financial position, as reflected in the budgeted departmental financial statements and administered schedules for 2015–16, is provided below.

Departmental

Departmental comprehensive income statement

The NCA is budgeting for a break-even operating result, adjusted for depreciation and amortisation expense, in 2015–16 and the forward years.

Revenue from Government in 2015–16 remains relatively consistent from 2014–15 reflecting decisions of the Government.

Revenue from other sources principally reflects the recovery of costs for the provision of services and rental income.  The cost recovery fee for works approval increased effective 1 December 2015 (last reviewed in 1992).  The projections for 2015-16 show that the number of high value projects will increase resulting in an increase in other revenue.

Departmental capital budget statement

An increase in current year appropriation moved from forward year's, will be expended during the year against the development of the NCA's new website and integration works for the new works approval e-lodgement project.

Budgeted departmental balance sheet

The reduction in NCA's departmental budgeted net asset position in 2015–16 and forward years is largely due to higher depreciation expenses on capital assets than the funding received for asset replacement.

Administered

Schedule of budgeted income and expenses administered on behalf of government

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

Reduction in revenue since budget 2015-16 is as a result of lower occupancy rate for pay parking.

Schedule of budgeted assets and liabilities administered on behalf of government

The reduction in NCA's administered net asset position in 2015–16 and forward years is largely due to higher depreciation expenses than the funding received to replace and upgrade existing assets.

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 2015–16)

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

Table 3.2.5: Departmental capital budget statement (for the period ended 30 June)

Table 3.2.6: Statement of asset movements (Budget year 2015–16)

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: Administered capital budget statement (for the period ended 30 June)

Table 3.2.11: Schedule of administered asset movements (Budget year 2015–16)

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