Infrastructure and Project Financing Agency

Table 3.1: Comprehensive income statement (showing net cost of services) (for the period ended 30 June)

2017–18
Estimated
actual
$'000
2018–19
Budget

$'000
2019–20
Forward
estimate
$'000
2020–21
Forward
estimate
$'000
2021–22
Forward
estimate
$'000
EXPENSES
Employee benefits 1,616 2,327 2,374 2,428 2,471
Suppliers 1,711 2,756 1,828 1,818 1,796
Depreciation and amortisation 11 27 26 25 16
Total expenses 3,338 5,110 4,228 4,271 4,283
Net (cost of)/contribution by services (3,338) (5,110) (4,228) (4,271) (4,283)
Revenue from Government 4,212 4,198 4,202 4,246 4,267
Surplus/(Deficit) attributable to the Australian Government 874 (912) (26) (25) (16)
Total comprehensive income/(loss) 874 (912) (26) (25) (16)
Total comprehensive income/(loss) attributable to the Australian Government 874 (912) (26) (25) (16)
Note: Impact of net cash appropriation arrangements
2017–18
$'000
2018–19
$'000
2019–20
$'000
2020–21
$'000
2021–22
$'000
Total comprehensive income/(loss) less depreciation/amortisation expenses previously funded through revenue appropriations 885 (885) - - -
plus depreciation/amortisation expenses previously funded through revenue appropriations (a) 11 27 26 25 16
Total comprehensive income/(loss)—as per Statement of Comprehensive Income 874 (912) (26) (25) (16)

Prepared on Australian Accounting Standards basis.

Note:

  1. From 2010–11, the Government introduced net cash appropriation arrangements where Bill 1 revenue appropriations for the depreciation/amortisation expenses of non-corporate Commonwealth entities (and select corporate Commonwealth entities) were replaced with a separate capital budget (the Departmental Capital Budget, or DCB) provided through Bill 1 equity appropriations. For information regarding DCBs, please refer to Table 3.5 Departmental Capital Budget Statement.

Back