Infrastructure and Project Financing Agency

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

2017–18
Actual

$'000
2018–19
Revised
budget
$'000
2019–20
Forward
estimate
$'000
2020–21
Forward
estimate
$'000
2021–22
Forward
estimate
$'000
Expenses
Employee benefits 1,625 2,904 3,575 3,629 3,685
Suppliers 1,716 2,955 2,203 2,200 2,176
Depreciation and amortisation 28 84 61 - -
Total expenses 3,369 5,943 5,839 5,829 5,861
Less:
Own-source income
Own-source revenue
Sale of goods and rendering of services 23 - - - -
Other 47 47 47 47 47
Total own-source revenue 70 47 47 47 47
Total own-source income 70 47 47 47 47
Net (cost of) / contribution by services (3,299) (5,896) (5,792) (5,782) (5,814)
Revenue from Government 4,212 4,962 5,731 5,782 5,814
Surplus / (Deficit) attributable to the Australian Government 913 (934) (61) - -
Total comprehensive income / (loss) 913 (934) (61) - -
Total comprehensive income / (loss) attributable to the Australian Government 913 (934) (61) - -
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 941 (850) - - -
plus depreciation/amortisation expenses previously funded through revenue appropriations (a) 28 84 61 - -
Total comprehensive income / (loss)—as per Statement of Comprehensive income 913 (934) (61) - -

Prepared on Australian Accounting Standards basis.

Note:

  1. From 2010–11, the Government introduced net cash appropriation arrangements where Appropriation Act No. 1 or Bill No. 3 revenue appropriations for the depreciation/amortisation expenses of non-corporate Commonwealth entities were replaced with a separate capital budget (the Departmental Capital Budget, or DCB) provided through Appropriation Act No. 1 or Bill No. 3 equity appropriations. For information regarding DCBs, please refer to Table 3.6 Departmental Capital Budget Statement.

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