Budgeted Financial Statements
Section 3: Explanatory Tables and Budgeted Financial
Statements
3.1
EXPLANATORY TABLES
Estimates of special account flows
Special accounts provide a means to set aside and record amounts used for specified
purposes. Table 3.1.1 shows the expected additions (receipts) and reductions
(payments) for each account used by the department. The corresponding table in the
2011-12 PB Statements is Table 3.1.2.
Table 3.1.1: Estimates of special account flows
Opening Appropriation
balance
Outcome
receipts
2011-12
2011-12
2011-12
2011-12
2010-11
2010-11
2010-11
2010-11
$'000
$'000
$'000
$'000
$'000
6,052
3,445
4,595
6,799
3,745
5,006
8,340
9,198
6,052
6,052
1,500,008
688,039
1,500,008
688,039
Health and Hospitals
Fund Heath Portfolio (A)
10
Human Pituitary
Hormones (A)
14
3,303
3,434
1
5,826
7,184
427
301
Office of Gene
Technology Regulator (D)
1
6,248
6,131
8,026
8,017
Other Trust Moneys (S) 1
1
31
10
Services for Other
1
Entities and Trust
Closing
balance
2011-12
1
Safety and Quality in
Healthcare (A) 1,2
Payments
2010-11
Australian Childhood
Immunisation Register (A)
National Industrial
Chemicals Notification and
Assessment Scheme (D)
Other
receipts
4,444
4,491
5,500
39,107
13,598
Moneys (S)
150
131
3,153
3,303
9,520
9,329
10,252
10,988
5,521
5,826
370
368
8,396
8,268
6,248
6,248
2,212
2,243
5,412
4,444
10,959
15,525
55,797
39,107
101
4,444
12,433
39,107
Department of Health and Ageing
Table 3.1.1: Estimates of special account flows (cont.)
Opening Appropriation
balance
Outcome
Services for Other
Governments and Non
Departmental Bodies (S)
Sport and Recreation (A) 3
receipts
Payments
Closing
balance
2011-12
2011-12
2011-12
2011-12
2011-12
2010-11
2010-11
2010-11
2010-11
2010-11
$'000
$'000
$'000
$'000
$'000
various
33,739
12,768
16,746
63,253
85
592
15
507
Therapeutic Goods
Administration (D)
Other
receipts
1
46,154
44,715
2,322
1,680
121,250
106,753
123,512
106,994
46,214
46,154
Total Special Accounts
2011-12 Estim ate
111,134
28,968
1,650,418
1,710,899
79,621
Total Special Accounts
2010-11 actual
103,677
35,065
873,057
900,665
111,134
(A) = Administered; (D) = Departmental; (S) = Special Public Money.
1
These special accounts have been repealed.
2
The operations previously conducted through this special account are now part of the Australian Commission on Safety and
Quality in Health Care.
3
The Sport and Recreation special account was transferred to the Department of Prime Minister and Cabinet as a result of
the revised Administrative Arrangement Orders of 14 September 2010.
102
Budgeted Financial Statements
3.2
BUDGETED FINANCIAL STATEMENTS
Departmental
The departmental budgeted financial statements include the Department of Health and
Ageing, the Therapeutic Goods Administration (TGA), the Office of Gene Technology
Regulator (OGTR), and the National Industrial Chemicals Notification and
Assessments Scheme (NICNAS).
Comprehensive Income Statement
The department is anticipating a break-even position net of unfunded depreciation for
the current, budget and forward years.
New measures are listed in Table 1.2, and other variations since Budget 2011-12 are
provided for in the variation tables for each outcome.
Variations primarily comprise of additional funding due to new decisions and the
transfers from administered to departmental funding for two Budget 2010-11 measures
- National Health and Hospitals Network Activity Based Funding and the transition of
the Housing and Community Care (HACC) program to the Commonwealth.
Revenues from external sources primarily relate to the cost recovery operations of
TGA, Health Core and NICNAS.
Under the Net Cash Resourcing framework, depreciation and amortisation expenses
ceased to be funded from 2010-11 and have been replaced with the Departmental
Capital Budget.
Balance Sheet
Changes to estimates for infrastructure, plant and equipment, and computer software
largely relate to a number of approved movement of funds transfers into the outyears
($8.0m). In addition, there has been a funding transfer from capital to appropriation
revenues relating to the Budget 2010-11 National Health and Hospitals Network
measure, Activity Based Funding. The capital expenditure profile has also been
revised.
Apart from the balance flow-on effects of the 2010-11 actuals into the outyears, other
assets and liabilities are anticipated to remain relatively stable across the forward
estimates period.
Cash Flow
Cash flows are consistent with projected income and expense, capital injections from
Government and investments in property, plant and equipment.
103
Department of Health and Ageing
Table 3.2.1: Budgeted departmental Comprehensive Income Statement (Showing
Net Cost of Services)
Actual
2010-11
$'000
Revised
budget
2011-12
$'000
Forw ard
estim ate
2012-13
$'000
Forw ard
estim ate
2013-14
$'000
Forw ard
estim ate
2014-15
$'000
526,584
214,348
21,050
553,870
200,907
26,303
503,756
190,638
46,785
489,726
194,500
56,256
486,007
196,019
56,276
374
762,356
781,080
741,179
740,482
738,302
LESS:
OWN-SOURCE INCOME
Revenue
Sale of goods and rendering
of services
Interest
Other revenue
Total revenue
135,722
9,078
144,800
138,236
148
138,384
142,389
2,700
153
145,242
146,422
2,700
158
149,280
150,353
2,800
163
153,316
Gains
Sale of assets
Other gains
Total gains
Total ow n-source incom e
820
820
145,620
841
841
139,225
846
846
146,088
851
851
150,131
856
856
154,172
Net cost of (contribution by)
services
616,736
641,855
595,091
590,351
584,130
Revenue from Government
600,183
618,958
551,870
537,821
531,715
Surplus (Deficit)
(16,553)
(22,897)
(43,221)
(52,530)
(52,415)
Surplus (Deficit) attributable to the
Australian Governm ent
(16,553)
(22,897)
(43,221)
(52,530)
(52,415)
OTHER COMPREHENSIVE INCOME
Changes in asset revaluation
reserves
-
-
-
-
-
Total other com prehensive
incom e
-
-
-
-
-
Total com prehensive incom e
attributable to the
Australian Governm ent
(16,553)
(22,897)
(43,221)
(52,530)
(52,415)
EXPENSES
Employee benefits
Supplier
Depreciation and amortisation
Write-dow n and impairment of
assets
Total expenses
104
Budgeted Financial Statements
Table 3.2.1: Budgeted departmental Comprehensive Income Statement (Showing
Net Cost of Services) (Cont.)
Note: Reconciliation of com prehensive incom e attributable to the agency
2010-11
2011-12
2012-13
2013-14
$'000
$'000
$'000
$'000
Total com prehensive incom e
(loss) attributable to the
Australian Governm ent
(16,553)
(22,897)
(43,221)
(52,530)
plus non-appropriated expenses
depreciation and amortisation
expenses
Total com prehensive incom e
attributable to the agency
2014-15
$'000
(52,415)
17,967
22,897
43,221
52,530
52,415
1,414
-
-
-
-
105
Department of Health and Ageing
Table 3.2.2: Budgeted departmental balance sheet (as at 30 June)
Actual
ASSETS
Financial assets
Cash and cash equivalents
Receivables
Total financial assets
Non-financial assets
Land and buildings
Infrastructure, plant and
equipment
Inventories
Intangibles
Other
Total non-financial assets
Total assets
LIABILITIES
Payables
Suppliers
Other payables
Total payables
Provisions
Employees
Other provisions
Total provisions
Total liabilities
Net Assets
EQUITY
Contributed equity
Reserves
Retained surpluses or accumulated
deficits
Total equity
2010-11
$'000
Revised Forw ard Forw ard Forw ard
budget estim ate estim ate estim ate
2011-12
2012-13
2013-14
2014-15
$'000
$'000
$'000
$'000
5,627
306,051
311,678
5,986
188,743
194,729
5,986
183,625
189,611
5,986
188,801
194,787
5,986
195,551
201,537
83,353
7,600
82,326
57,456
86,291
60,195
81,846
41,987
76,880
22,198
326
52,227
6,680
150,186
461,864
326
124,097
6,898
271,103
465,832
326
127,982
6,680
281,474
471,085
326
113,241
6,680
244,080
438,867
326
101,999
6,680
208,083
409,620
53,295
68,347
121,642
52,992
64,382
117,374
52,944
62,068
115,012
52,962
60,671
113,633
52,962
59,395
112,357
124,827
16,415
141,242
262,884
127,898
22,246
150,144
267,518
128,629
28,041
156,670
271,682
133,019
33,852
166,871
280,504
137,695
39,663
177,358
289,715
198,980
198,314
199,403
158,363
119,905
180,168
11,538
202,399
11,538
246,709
11,538
258,199
11,538
272,156
11,538
7,274
198,980
(15,623)
198,314
(58,844)
199,403
(111,374)
158,363
(163,789)
119,905
106
Budgeted Financial Statements
Table 3.2.3: Departmental statement of changes in equity — summary of
movement (Budget year 2011-12)
Retained
Asset
Other Contributed
earnings revaluation reserves
equity/
reserve
capital
$'000
$'000
$'000
$'000
Total
equity
$'000
Opening balance as at 1 July 2011
Balance carried forw ard from
previous period
7,274
11,538
-
180,168
198,980
(22,897)
-
-
-
(22,897)
Appropriation (equity injection)
-
-
-
12,289
12,289
Capital budget - Bill 1 (DCB)
-
-
-
9,942
9,942
Estim ated closing balance
as at 30 June 2012
(15,623)
11,538
-
202,399
198,314
Net operating result
107
Department of Health and Ageing
Table 3.2.4: Budgeted departmental statement of cash flows (as at 30 June)
Actual
OPERATING ACTIVITIES
Cash received
Goods and services
Appropriations
Interest
Net GST received
Other cash received
Total cash received
Cash used
Employees
Suppliers
Net GST paid
Cash to the Official Public
Account
Total cash used
Net cash from (or used by)
operating activities
INVESTING ACTIVITIES
Cash received
Sale of property, plant
and equipment
Total cash received
Cash used
Purchase of property, plant
and equipment
Total cash used
Net cash from (or used by)
investing activities
FINANCING ACTIVITIES
Cash received
Appropriations - contributed
equity
Total cash received
Net cash from (or used by)
financing activities
Net increase (or decrease)
in cash held
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the
end of the reporting period
2010-11
$'000
Revised
budget
2011-12
$'000
Forw ard
estim ate
2012-13
$'000
Forw ard
estim ate
2013-14
$'000
Forw ard
estim ate
2014-15
$'000
153,460
675,531
23,522
20,746
873,259
139,655
797,958
26,194
3,743
967,550
143,667
606,697
2,700
24,126
3,228
780,418
147,305
580,711
2,700
24,805
3,535
759,056
149,678
572,563
2,800
23,163
3,596
751,800
521,503
267,818
-
554,157
198,957
26,194
506,025
186,216
24,126
488,336
189,594
24,805
484,331
191,061
23,163
53,835
843,156
63,112
842,420
50,987
767,354
48,949
751,684
46,923
745,478
30,103
125,130
13,064
7,372
6,322
56
56
-
-
-
-
39,759
39,759
147,002
147,002
57,374
57,374
18,862
18,862
20,279
20,279
(39,703)
(147,002)
(57,374)
(18,862)
(20,279)
12,599
12,599
22,231
22,231
44,310
44,310
11,490
11,490
13,957
13,957
12,599
22,231
44,310
11,490
13,957
2,999
359
-
-
-
2,628
5,627
5,986
5,986
5,986
5,627
5,986
5,986
5,986
5,986
-
108
Budgeted Financial Statements
Table 3.2.5: Capital Budget Statement — Departmental
Actual
Revised
Forw ard
Forw ard
Forw ard
budget
estim ate
estim ate
estim ate
2010-11
$'000
2011-12
$'000
2012-13
$'000
2013-14
$'000
2014-15
$'000
CAPITAL APPROPRIATIONS
Capital budget - Bill 1 (DCB)
Equity injections - Bill 2
Total capital appropriations
7,640
100,311
107,951
9,942
12,289
22,231
8,000
36,310
44,310
3,620
7,870
11,490
8,591
5,366
13,957
Total new capital appropriations
represented by:
Purchase of non-financial
assets
Other
Total item s
39,889
68,062
107,951
22,231
22,231
44,310
44,310
11,490
11,490
13,957
13,957
10,672
120,716
42,863
8,061
5,525
1,099
15,486
7,996
3,611
8,575
28,118
10,800
6,515
7,190
6,179
39,889
147,002
57,374
18,862
20,279
39,889
147,002
57,374
18,862
20,279
39,889
147,002
57,374
18,862
20,279
PURCHASE OF NON-FINANCIAL
ASSETS
Funded by capital appropriations
Funded by capital
appropriation - DCB1
Funded internally from
Departmental resources
Total acquisitions of
non-financial assets
RECONCILIATION OF CASH USED
TO ACQUIRE ASSETS TO
ASSET MOVEMENT TABLE
Total purchases
Total cash used to acquire
assets
109
Department of Health and Ageing
Table 3.2.6: Statement of Asset Movements (2011-12)
Buildings
$'000
As at 1 July 2011
Gross book value
Accumulated depreciation/amortisation
and impairment
Opening net book balance
CAPITAL ASSET ADDITIONS
Estim ated expenditure on new or
replacem ent assets
By purchase
Sub-total
Other m ovem ents
Depreciation/amortisation expense
As at 30 June 2012
Gross book value
Accumulated depreciation/amortisation
and impairment
Closing net book balance
Property Intangibles
plant &
equipm ent
$'000
$'000
Total
$'000
106,039
13,762
116,089
235,890
22,686
6,162
63,862
92,710
83,353
7,600
52,227
143,180
7,405
58,124
81,473
147,002
7,405
58,124
81,473
147,002
8,432
8,268
9,603
26,303
113,444
71,886
197,562
382,892
31,118
14,430
73,465
119,013
82,326
57,456
124,097
263,879
110
Budgeted Financial Statements
Schedule of administered activity
Income Statement
Revenue forecasts have remained stable from the 2011-12 Budget estimates.
The 2011-12 expense forecast has a net increase of $1,525 million to $49,321 million
from the 2011-12 Budget estimates(refer Table 3.2.7 Schedule of budgeted income
and expenses administered on behalf of the government).
The increase in estimated expenses is predominately due to updated estimates for
special appropriations and Health and Hospital Fund Special Account expenditure.
The resource summaries for each outcome provides for variances between Budget
and revised estimates by program and appropriation source.
Schedule of budgeted assets and liabilities
The schedule of budgeted assets and liabilities has been updated to include the
2010-11 actuals.
111
Department of Health and Ageing
Table 3.2.7: Schedule of budgeted income and expenses administered on behalf
of government (for the period ended 30 June)
Actual
INCOME ADMINISTERED ON
BEHALF OF GOVERNMENT
Revenue
Taxation
Other taxes, fees and fines
Total taxation
2010-11
$'000
Budget
estim ate
2011-12
$'000
Forw ard
estim ate
2012-13
$'000
Forw ard
estim ate
2013-14
$'000
Forw ard
estim ate
2014-15
$'000
15,374
15,374
27,736
27,736
27,736
27,736
27,736
27,736
27,736
27,736
Non-taxation
Interest
4,777
Other sources of non-taxation
revenues
1,285,494
Total non-taxation
1,290,271
34,187
39,343
37,644
37,644
2,438,229
2,472,416
1,679,979
1,719,322
1,635,873
1,673,517
1,601,764
1,639,408
Total revenues adm inistered
on behalf of Governm ent 1,305,645
2,500,152
1,747,058
1,701,253
1,667,144
2,500,152
1,747,058
1,701,253
1,667,144
Total incom e adm inistered
on behalf of Governm ent
EXPENSES ADMINISTERED ON
BEHALF OF GOVERNMENT
Suppliers
Grants
Subsidies
Personal benefits
Write dow n and impairment
of assets
CAC Act body payment item
Other expenses
Total expenses adm inistered
on behalf of Governm ent
1,305,645
323,193
212,337
199,985
205,387
199,985
4,760,306 7,258,349 7,748,997 8,008,183 8,316,253
7,986,660 8,910,596 9,274,830 9,849,230 10,538,685
30,975,437 32,667,846 32,714,919 34,596,848 36,700,363
162,413
157,004
356,157
139,725
36,544
95,844
3,791
35,704
-
27,918
35,651
-
27,918
35,909
-
44,721,170 49,321,241 49,978,226 52,723,217 55,819,113
112
Budgeted Financial Statements
Table 3.2.8: Schedule of budgeted assets and liabilities administered on behalf
of government (as at 30 June)
Actual
ASSETS ADMINISTERED ON
BEHALF OF GOVERNMENT
Financial assets
Cash and cash equivalents
Receivables
Investments
Total financial assets
Non-financial assets
Land and Buildings
Inventories
Total non-financial assets
Total assets adm inistered
on behalf of Governm ent
LIABILITIES ADMINISTERED ON
BEHALF OF GOVERNMENT
Payables
Suppliers
Subsidies
Personal benefits payable
Grants
Total payables
Total liabilities adm inistered
on behalf of Governm ent
2010-11
$'000
Budget
estim ate
2011-12
$'000
Forw ard
estim ate
2012-13
$'000
Forw ard
estim ate
2013-14
$'000
Forw ard
estim ate
2014-15
$'000
163,361
243,442
289,044
695,847
163,361
285,715
289,044
738,120
163,361
474,824
289,044
927,229
163,361
597,434
289,044
1,049,839
163,361
622,344
289,044
1,074,749
22,125
226,893
249,018
22,125
91,168
113,293
22,125
104,312
126,437
22,125
76,929
99,054
22,125
49,546
71,671
944,865
851,413
1,053,666
1,148,893
1,146,420
11,430
437,649
1,911,283
490,629
2,850,991
11,430
436,364
1,952,214
365,898
2,765,906
11,430
435,078
1,959,870
404,209
2,810,587
11,430
433,792
2,026,556
435,430
2,907,208
11,430
432,506
2,115,513
468,802
3,028,251
2,850,991
2,765,906
2,810,587
2,907,208
3,028,251
113
Department of Health and Ageing
Table 3.2.9: Schedule of budgeted administered cash flows (for the period ended
30 June)
Actual
OPERATING ACTIVITIES
Cash received
Interest
Taxes
Net GST received
Other
Total cash received
2010-11
$'000
Budget
estim ate
2011-12
$'000
Forw ard
estim ate
2012-13
$'000
Forw ard
estim ate
2013-14
$'000
Forw ard
estim ate
2014-15
$'000
1,704
17,099
333,524
1,230,705
1,583,032
10,758
27,736
341,303
2,411,197
2,790,994
15,215
27,736
337,119
1,670,993
2,051,063
14,865
27,736
316,728
1,634,010
1,993,339
14,865
27,736
316,728
1,602,601
1,961,930
5,988,090
8,911,882
32,661,661
218,693
7,072,121
9,276,116
32,708,146
216,385
7,438,833
9,850,516
34,531,290
205,387
7,810,258
10,539,971
36,612,634
199,985
978,486
36,544
338,412
1,291,818
50,425,586
1,068,281
35,704
337,119
647,250
51,361,122
1,148,839
35,651
316,728
541,401
54,068,645
1,206,952
35,909
316,728
473,179
57,195,616
Cash used
Grant payments
4,707,619
Subsidies paid
7,965,875
Personal benefits
30,996,684
Suppliers
690,062
Cash to the Official Public
Account
CAC Act payment item
157,004
Net GST paid
Other
346,319
Total cash used
44,863,563
Net cash from (or used by)
operating activities
(43,280,531) (47,634,592) (49,310,059) (52,075,306) (55,233,686)
INVESTING ACTIVITIES
Cash received
Repayment of
advances
Total cash received
Cash used
Advances made
Other
Total cash used
Net cash from (or used by)
investing activities
2,629
2,629
28,406
28,406
32,000
32,000
34,532
34,532
34,532
34,532
23,855
3,086
26,941
116,063
116,063
187,995
187,995
132,500
132,500
37,500
37,500
(24,312)
(87,657)
(155,995)
(97,968)
(2,968)
114
Budgeted Financial Statements
Table 3.2.9: Schedule of budgeted administered cash flows (for the period ended
30 June) (Cont.)
Actual
FINANCING ACTIVITIES
Cash received
Administered GST
Appropriations
Total cash received
Cash used
Return of GST
Total cash used
Net cash from (or used by)
financing activities
2010-11
$'000
Budget
estim ate
2011-12
$'000
Forw ard
estim ate
2012-13
$'000
Forw ard
estim ate
2013-14
$'000
Forw ard
estim ate
2014-15
$'000
334,314
334,314
341,303
341,303
337,119
337,119
316,728
316,728
316,728
316,728
328,972
328,972
341,303
341,303
337,119
337,119
316,728
316,728
316,728
316,728
5,342
-
-
-
-
Net increase (or decrease)
in cash held
(43,299,501) (47,722,249) (49,466,054) (52,173,274) (55,236,654)
Cash at beginning of the
reporting period
201,340
163,361
163,361
163,361
163,361
Cash from Official Public
Account for:
- appropriations
43,798,383
47,718,249
49,449,119
52,172,739
55,236,119
- capital injections
27,873
4,000
16,935
535
535
Cash to the Official Public
Account for:
- other
564,734
Cash at end of
period
163,361
163,361
163,361
163,361
163,361
115
Department of Health and Ageing
Table 3.2.10: Schedule of Administered Capital Budget
Actual
Budget
Forw ard
Forw ard
Forw ard
estim ate estim ate estim ate estim ate
2010-11
2011-12
2012-13
2013-14
2014-15
$'000
$'000
$'000
$'000
$'000
CAPITAL APPROPRIATIONS
Administered assets
Total loans
Special appropriations
Total capital appropriations
27,873
27,873
535
535
535
535
535
535
535
535
Total new capital appropriations
represented by:
Purchase of non-financial assets
Other
Total item s
27,873
27,873
535
535
535
535
535
535
535
535
27,873
4,000
16,935
535
535
27,873
4,000
16,935
535
535
ACQUISITION OF NON-FINANCIAL
ASSETS
Funded by capital appropriations
Total acquisition of
non-financial assets
116
Budgeted Financial Statements
Table 3.2.11: Statement of Administered Asset Movements (2011-12)
Land Buildings
$'000
As at 1 July 2011
Gross book value
1,760
Accumulated depreciation/amortisation
and impairment
-
$'000
Property Other nonplant &
financial
equipm ent
assets
$'000
$'000
Total
$'000
20,365
-
226,893
249,018
-
-
-
-
1,760
20,365
-
226,893
249,018
-
-
-
4,000
4,000
-
-
-
-
-
Sub-total
-
-
-
4,000
4,000
Other m ovem ents
Depreciation/amortisation expense
Disposals 1
Writedow ns
-
-
-
(139,725)
(139,725)
20,365
-
91,168
113,293
-
-
-
-
20,365
-
91,168
113,293
Opening net book balance
CAPITAL ASSET ADDITIONS
Estim ated expenditure on
new or replacem ent assets
By purchase or internally developed
Acquisition of entities or operations
(including restructuring)
As at 30 June 2012
Gross book value
1,760
Accumulated depreciation/amortisation
and impairment
Closing net book balance
1,760
117