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 2017–18, is provided below.

Departmental
Departmental comprehensive income statement

Revenue from Government over the budget and forward years has been adjusted to take account of indexation and efficiency dividends. Revenue from other sources principally reflects the recovery of costs for the provision of services and lease rental income.

The NCA is budgeting for an operating loss of $1.1m in 2017–18 and $0.015m in 2018–19, adjusted for depreciation and amortisation expense. This arises from an accounting treatment in 2015–16 audited accounts relating to settlement of funds of $1.2m.

The NCA is budgeting for a break-even operating result in 2019–20 and the forward years. Appropriation funding and own-sourced revenue in the current and forward years are relatively consistent.

Budgeted departmental balance sheet

The increase in NCA's departmental budgeted net asset position in 2017–18 and forward years is due to additional capital funding received with the 2017–18 budget for the Public Service Modernisation Fund—Agency Sustainability measure.

In 2017–18, the NCA received appropriation of $3.5m for supplier expenses including the insurance premium for risks associated with assets on National Land and operating expenses associated with the administration of the pay parking program.

Administered
Schedule of budgeted income and expenses administered on behalf of Government

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

Schedule of budgeted assets and liabilities administered on behalf of Government

In 2017–18, the NCA received appropriation of $13.6m for activities it administers on behalf of the Government. This appropriation is directly linked to the administered capital works and has been used to renew and upgrade existing administered assets.

3.2: Budgeted financial statements tables

Table 3.2: Comprehensive income statement (showing net cost of services) (for the period ended 30 June)

Table 3.3: Budgeted departmental balance sheet (as at 30 June)

Table 3.4: Departmental statement of changes in equity—summary of movement (Budget year 2017–18)

Table 3.5: Budgeted departmental statement of cash flows (for the period ended 30 June)

Table 3.6: Departmental capital budget statement (for the period ended 30 June)

Table 3.7: Statement of asset movements (Budget year 2017–18)

Table 3.8: Schedule of budgeted income and expenses administered on behalf of Government (for the period ended 30 June)

Table 3.9: Schedule of budgeted assets and liabilities administered on behalf of Government (as at 30 June)

Table 3.10: Schedule of budgeted administered cash flows (for the period ended 30 June)

Table 3.11: Administered capital budget statement (for the period ended 30 June)

Table 3.12: Schedule of administered asset movements (Budget year 2017–18)

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