9. Transport Cluster Expenses Capital Expenditure 2012-13 Revised $m 2013-14 Budget $m Var. % 2012-13 Revised $m 2013-14 Budget $m Var. % Service Group Asset Maintenance ..............................................2,621.3 Services and Operations .....................................3,420.5 Growth and Improvement ..................................4,329.4 Cluster Grant Funding ........................................ 17.8 2,980.3 3,246.2 5,084.2 17.8 13.7 (5.1) 17.4 … 63.0 93.9 1,419.0 … 67.0 56.0 2,495.8 … 6.4 (40.4) 75.9 … 10,389.1 11,328.5 9.0 1,575.9 2,618.8 66.2 Service Group Asset Maintenance ..............................................1,351.8 Services and Operations .....................................2,734.4 Growth and Improvement .................................. 53.3 955.6 2,525.4 71.3 (29.3) (7.6) 33.8 362.1 45.9 2,566.8 563.4 51.8 2,552.5 55.6 13.0 (0.6) Total 3,552.3 (14.2) 2,974.8 3,167.8 6.5 Agency Transport for NSW Total Roads and Maritime Services 4,139.4 Independent Transport Safety Regulator Service Group Rail Safety Regulation ......................................... 17.1 16.8 (1.7) 0.1 0.1 … Total 17.1 16.8 (1.7) 0.1 0.1 … Service Group Investigation and Risk Mitigation Analysis ....... 2.4 2.4 … … … … Total 2.4 2.4 … … … … Office of Transport Safety Investigations Budget Estimates 2013-14 9-1 Transport Cluster Introduction The Transport cluster is responsible for planning, infrastructure and service delivery across all modes of transport. It aims to aid the movement of people and goods across New South Wales, grow the State economy and encourage increased use of public transport by providing a better customer experience. The Transport cluster is the lead for achieving the following NSW 2021 goals. Reduce travel times. Grow patronage on public transport by making it a more attractive choice. Improve the customer experience with transport services. Improve road safety. The Transport cluster’s responsibilities include: delivering transport for people and freight in NSW, including public transport, roads and maritime services delivering major transport infrastructure projects consolidating planning for roads, rail, buses, light rail, ferries, taxis and waterways developing and overseeing policies and regulations managing freight investigating transport accidents and incidents overseeing the development and maintenance of the transport system to ensure it is safe, reliable, clean and efficient. Services The cluster’s key services are: delivering transport services to provide a seamless network for customers, including ticketing services and customer information building and maintaining roads, public transport networks and fleet assets ensuring the safety and security of transport customers, staff and the general public planning an integrated transport system to increase efficiency and reliability considering anticipated future changes in land use and travel demand, ensuring adequate access to new growth areas and maintaining access across regional NSW providing regulatory accreditation, compliance monitoring and enforcement services investigating safety incidents to mitigate risks. 9-2 Budget Estimates 2013-14 Transport Cluster 2013-14 Budget Highlights In 2013-14, total expenses for Transport for NSW will be $11.3 billion, including: $5.1 billion to grow and enhance roads and public transport networks $3.2 billion for services and operations $3 billion for maintenance of road and public transport assets $15.5 million for the Independent Transport Safety Regulator and $2.3 million for the Office of Transport Safety Investigations. Rail Services Key initiatives include: $806 million for the North West Rail Link to deliver a new rapid transit service to the people of the North West $353 million for the South West Rail Link $314 million for the Northern Sydney Freight Corridor to improve freight rail access through the Sydney-Newcastle rail corridor between Strathfield and Broadmeadow and improve the reliability of passenger services $105 million for Wynyard Walk, to improve pedestrian access from Wynyard station to the western CBD and Barangaroo area $67 million for the Inner West Light Rail Extension from Dulwich Hill to Lilyfield $75 million for the CBD and South East Light Rail project $66 million on rail infrastructure works to support the continuing delivery of Waratah trains (with the 2013-14 deliveries under the Waratah trains PPP valued at $833 million) $50 million for the Rail Clearways program to improve the CityRail network’s capacity and reliability and improve the utilisation of rolling stock $2 million to continue planning for the second harbour crossing as part of Sydney’s Rail Future. Budget Estimates 2013-14 9-3 Transport Cluster Bus Services Key programs include: $945 million for metropolitan and outer metropolitan bus services, including financing costs of 201 new replacement and growth buses worth $92 million to run more services $388 million for rural and regional bus services including school services in country areas $18 million to continue building infrastructure to support bus priority on key corridors $15 million towards a new bus depot to accommodate growth in the bus fleet $11 million for continuing to provide expanded Night Ride bus services. Ferry Services Key initiatives include: $12 million for ferry fleet improvement $2 million to commence the ferry fleet replacement program. Transport Access Program The Government will spend $195 million in 2013-14 to improve access to the public transport network including: train station upgrades providing additional car parking and interchanges across the rail network improving safety and security across the transport network refurbishing commuter wharves in Sydney Harbour. Ticketing, Concessions and Community Transport Key initiatives include: $476 million for concession schemes for pensioners, students, people with disabilities and others using public transport $133 million to continue implementing the Opal card integrated electronic ticketing system for Sydney, the Blue Mountains, Central Coast, Hunter, Illawarra and Southern Highlands $50 million for the transport component of the Home and Community Care program $3 million for community transport services continuing the commitment to boost funding from 2013-14 onwards. Roads and Maritime Services Key initiatives include: 9-4 Budget Estimates 2013-14 Transport Cluster $986 million for continued Pacific Highway upgrade works $558 million for capital maintenance of road and maritime assets, including rebuilding bridges, road reconstruction, renewing drainage structures and wharf maintenance $243 million for Western Sydney Growth Roads to support population and economic growth in Western Sydney, including $32 million in miscellaneous minor works $238 million for Roads Safety projects (Community Road Safety Fund) $222 million to continue construction of the $1.7 billion Hunter Expressway from Newcastle through the Hunter Valley $178 million for upgrades on the Princes Highway, including projects at Gerringong, South Nowra and Bega $140 million for the commencement of Westconnex enabling works in the Port Botany and Sydney Airport precinct motorway $121 million for upgrades on the Great Western Highway and the Bells Line of Road Improvement Program, including enhanced overtaking opportunities, safety works, and realignments $72 million to support Road Freight Safety and Productivity, including Bridges for the Bush and the Aberdeen Bridge over Hunter River $58 million for Regional NSW Major Road Upgrades, including planning for the additional crossing over the Clarence River at Grafton, planning for realigning the Mitchell Highway at Goanna Hill and the upgrade of Manilla Road in Tamworth $56 million for upgrades to Central Coast roads, including intersection upgrades along Wyong Road. Budget Estimates 2013-14 9-5 Transport for NSW Service Group Statements Asset Maintenance Service description: This service group covers work performed on physical assets to address defects and deterioration in their condition, and replacement required at the end of their useful life, to ensure operational capacity. The scope of activities within this service group includes maintaining current fleet and infrastructure to applicable standards, replacing infrastructure to current standards at the end of its useful life (which is impacted by deterioration over time and by consumption or use) and interventions made to improve cost efficiency and performance of assets in conjunction with the previously listed activities. Units 2010-11 Actual 2011-12 Actual 2012-13 Forecast 2012-13 Revised 2013-14 Forecast % n.a. n.a. 91.00 91.20 91.20 % 98.99 99.76 99.85 99.85 99.85 % % 1.32 50.00 1.39 60.00 1.27 59.00 1.12 61.00 1.70 65.00 FTE n.a. n.a. n.a. 25 18 Service measures: % of fleet maintained by RailCorp available for Service each day (a) Rail routine maintenance critical inspections compliance (monthly average) Intensity of pavement rebuilding Annual renewal ratio Employees: (a) Fleet availability against the total fleet is reported from 2012-13 onwards. Historical results on this basis are not available. __________ 2012-13__________ Budget Revised $000 $000 2013-14 Budget $000 Financial indicators: Total Expenses Excluding Losses Total expenses include the following: Employee related Other operating expenses Grants and subsidies Other expenses Capital Expenditure 9-6 2,541,328 2,621,317 2,980,283 5,228 131,582 2,401,605 2,913 3,689 143,699 2,472,653 1,276 2,850 161,844 2,814,182 1,407 61,948 62,972 67,000 Budget Estimates 2013-14 Transport for NSW Services and Operations Service description: This service group covers work performed in operating and utilising the transport network and fleet to provide the required services to customers. The scope of the activities in the service group includes deploying resources and utilising physical assets in the provision of front line customer services, deploying resources to influence demand and transport user behaviour, replacing fleet at the end of their useful life, work performed by external parties as part of a financing agreement (for example, public-private partnerships, leases or grants) and shared corporate and employee services. Units 2010-11 Actual 2011-12 Actual 2012-13 Forecast 2012-13 Revised 2013-14 Forecast mill 294.50 303.50 307.20 308.30 309.90 mill mill 198.76 14.50 203.42 14.77 207.20 n.a. 206.97 15.15 210.30 15.40 % mill mill n.a. 4.89 0.49 n.a. 4.98 0.49 n.a. n.a. 0.48 79.00 5.06 0.49 >79.00 5.14 0.49 FTE n.a. n.a. n.a. 1,125 1,379 Service measures: CityRail services passenger journeys Metropolitan bus services passenger boardings (a) Ferry passenger journeys Public transport customer satisfaction (b) Licensed drivers and riders Boating licenses Employees: (a) School Student Transport Scheme (SSTS) is excluded. Data from 2012-13 onwards includes all free shuttle services. (b) Satisfaction results for trains, buses, ferries and light rail are weighted according to each mode's relative patronage to produce an overall satisfaction result. Historical actuals are not available as this is a new measure. __________ 2012-13__________ Budget Revised $000 $000 2013-14 Budget $000 Financial indicators: Total Expenses Excluding Losses Total expenses include the following: Employee related Other operating expenses Grants and subsidies Other expenses Capital Expenditure Budget Estimates 2013-14 3,348,699 3,420,532 3,246,202 283,630 25,688 2,786,398 17,987 283,772 140,951 2,741,584 15,137 285,315 115,873 2,565,607 14,856 96,478 93,853 55,980 9-7 Transport for NSW Growth and Improvement Service description: This service group covers work done to contribute to the expansion of the asset portfolio, specifically to meet changing or improved standards or enhanced system capability. The scope of activities within this service group includes investigations, feasibility studies and optioneering that may result in network improvement and expansion programs, initiatives to improve functionality on existing operational assets to meet new service and legislative requirements and initiatives to expand the existing asset portfolio to increase the capacity of the transport system. Units 2010-11 Actual 2011-12 Actual 2012-13 Forecast 2012-13 Revised 2013-14 Forecast Service measures: Major roadworks completed within 10 per cent of planned duration Major roadworks completed within 10 per cent of the authorised cost (a) Bus lane length % 96.00 89.60 90.00 90.00 90.00 % km n.a. 147.00 100.00 157.40 90.00 159.80. 90.00 159.50 90.00 160.20 Employees: FTE n.a. n.a. n.a. 464 1,024 (b) (a) This is a new service measure introduced in 2011-12. Hence, the 2010-11 Actual figure is not available. (b) FTE includes staff undertaking both CAPEX and OPEX projects. __________ 2012-13__________ Budget Revised $000 $000 2013-14 Budget $000 Financial indicators: Total Expenses Excluding Losses Total expenses include the following: Employee related Other operating expenses Grants and subsidies Other expenses Capital Expenditure 3,900,212 4,329,438 5,084,181 10,921 23,371 3,865,214 706 30,397 426,921 3,869,662 2,458 49,161 278,037 4,754,375 2,608 249,433 1,419,031 2,495,785 Cluster Grant Funding Service description: This service group covers the provision of grant funding to agencies within the Transport cluster. This includes funding to Independent Transport Safety Regulator and Office of Transport Safety Investigations. __________ 2012-13__________ Budget Revised $000 $000 2013-14 Budget $000 Financial indicators: Total Expenses Excluding Losses Grants and subsidies Independent Transport Safety Regulator Office of Transport Safety Investigations 9-8 17,687 17,687 15,404 2,283 17,817 17,817 15,534 2,283 17,793 17,793 15,495 2,298 Budget Estimates 2013-14 Transport for NSW Financial Statements Operating Statement __________ 2012-13__________ Budget Revised $000 $000 2013-14 Budget $000 299,779 180,641 337,326 555,754 Expenses Excluding Losses Operating Expenses Employee related Other operating expenses Depreciation and amortisation 317,858 711,571 166,088 154,855 172,035 9,070,904 9,101,716 10,151,957 Finance costs 68,908 84,233 92,516 Other expenses 21,606 18,871 18,871 9,807,926 10,389,104 11,328,459 9,598,503 8,047,479 8,080,774 280,674 234,613 2,342,962 Grants and subsidies TOTAL EXPENSES EXCLUDING LOSSES Revenue Recurrent appropriation Capital appropriation Sales of goods and services 34,150 535,047 391,468 Investment revenue 7,936 14,277 14,277 Retained taxes, fees and fines 2,100 2,256 2,256 51,198 1,715,101 610,691 Acceptance by Crown Entity of employee benefits and other liabilities Grants and contributions 2,449 12,079 12,079 Other revenue 3,960 3,943 4,208 9,980,970 10,564,795 11,458,715 ... 7,750 68,214 173,044 183,441 198,470 Total Revenue Gain/(loss) on disposal of non current assets Net Result Budget Estimates 2013-14 9-9 Transport for NSW Balance Sheet __________ 2012-13__________ Budget Revised $000 $000 2013-14 Budget $000 Cash assets 178,441 312,313 448,658 Receivables 133,345 162,957 145,717 Assets held for sale ... 44,636 ... Total Current Assets 311,786 519,906 594,375 Receivables 14,499 14,134 ... Other financial assets 19,800 22,287 22,287 627,311 1,057,823 1,758,691 598,722 1,036,346 1,724,558 596,071 1,068,894 1,883,937 Intangibles 49,123 294,886 498,099 Other 40,345 40,453 44,661 Total Non Current Assets 3,567,592 3,731,386 4,113,949 Total Assets 3,879,378 4,251,292 4,708,324 Assets Current Assets Non Current Assets Property, plant and equipment Land and building Plant and equipment Infrastructure systems Liabilities Current Liabilities 241,296 344,043 425,825 Borrowings at amortised cost Payables 50,000 160,536 177,558 Provisions 15,661 23,578 23,578 306,957 528,157 626,961 1,001,502 1,279,428 1,439,186 1,412 ... ... 45 45 45 Total Non Current Liabilities 1,002,959 1,279,473 1,439,231 Total Liabilities 1,309,916 1,807,630 2,066,192 2,569,462 2,443,662 2,642,132 2,569,462 2,443,662 2,642,132 2,569,462 2,443,662 2,642,132 Total Current Liabilities Non Current Liabilities Borrowings at amortised cost Provisions Other Net Assets Equity Accumulated funds Total Equity 9 - 10 Budget Estimates 2013-14 Transport for NSW Cash Flow Statement __________ 2012-13__________ Budget Revised $000 $000 2013-14 Budget $000 Cash Flows From Operating Activities Payments Employee related Grants and subsidies Finance costs Other Total Payments 297,330 309,258 325,247 9,070,904 8,006,872 8,114,532 68,908 84,233 92,516 1,401,271 1,133,160 658,808 10,838,413 9,533,523 9,191,103 9,598,503 8,047,479 8,080,774 280,674 234,613 2,342,962 29,139 530,036 391,468 7,936 14,436 14,277 51,198 1,715,101 610,691 Receipts Recurrent appropriation Capital appropriation Sale of goods and services Interest received Grants and contributions Cash transfers to the Crown Entity Other Total Receipts Net Cash Flows From Operating Activities ... (2,270) ... 1,219,703 336,333 102,996 11,187,153 10,875,728 11,543,168 348,740 1,342,205 2,352,065 (14,623) (14,623) 127,667 ... ... 16,816 Cash Flows From Investing Activities Proceeds from sale of property, plant and equipment Proceeds from sale of investments Purchases of property, plant and equipment Advances made Other Net Cash Flows From Investing Activities (252,857) (1,130,491) (2,231,493) ... (1,211) ... (2,919) (309,203) (213,580) (270,399) (1,455,528) (2,300,590) Cash Flows From Financing Activities Proceeds from borrowings and advances ... 144,813 150,178 (57,028) (48,287) (65,308) (57,028) 96,526 84,870 21,313 (16,797) 136,345 Opening Cash and Cash Equivalents 157,128 329,110 312,313 Closing Cash and Cash Equivalents 178,441 312,313 448,658 Net result 173,044 183,441 198,470 Non cash items added back 162,145 1,245,756 2,205,252 13,551 (86,992) (51,657) 348,740 1,342,205 2,352,065 Repayment of borrowings and advances Net Cash Flows From Financing Activities Net Increase/(Decrease) in Cash Cash Flow Reconciliation Change in operating assets and liabilities Net Cash Flows From Operating Activities Budget Estimates 2013-14 9 - 11 Roads and Maritime Services Service Group Statements Asset Maintenance Service description: This service group covers work performed on physical assets to address defects and deterioration in their condition, and replacement at the end of their useful life to ensure operational capacity. Employees: Units 2010-11 Actual 2011-12 Actual 2012-13 Forecast 2012-13 Revised 2013-14 Forecast FTE 3,153 3,173 3,131 3,258 2,878 __________ 2012-13__________ Budget Revised $000 $000 2013-14 Budget $000 Financial indicators: Total Expenses Excluding Losses 1,238,451 1,351,812 955,609 231,784 614,504 392,163 216,370 462,937 369,505 268,902 410,707 276,000 211,301 362,105 563,400 Total expenses include the following: Employee related (a) Other operating expenses Grants and subsidies Capital Expenditure (a) FTE and Employee expense numbers are impacted by transitional restructuring arrangements between TfNSW and RMS. Services and Operations Service description: This service group covers work performed in operating and utilising the transport network and fleet to provide the required services to customers. Employees: Units 2010-11 Actual 2011-12 Actual 2012-13 Forecast 2012-13 Revised 2013-14 Forecast FTE 3,841 3,900 3,732 3,717 3,333 __________ 2012-13__________ Budget Revised $000 $000 2013-14 Budget $000 Financial indicators: Total Expenses Excluding Losses Total expenses include the following: Employee related Other operating expenses Grants and subsidies Capital Expenditure 9 - 12 1,960,845 2,734,351 2,525,447 326,081 526,368 90,800 330,570 627,729 70,502 260,686 558,137 72,231 60,083 45,864 51,836 Budget Estimates 2013-14 Roads and Maritime Services Growth and Improvement Service description: This service group covers the expansion of the asset portfolio to meet changing improved standards and/or enhanced system capability. Employees: Units 2010-11 Actual 2011-12 Actual 2012-13 Forecast 2012-13 Revised 2013-14 Forecast FTE 437 437 440 440 442 __________ 2012-13__________ Budget Revised $000 $000 2013-14 Budget $000 Financial indicators: Total Expenses Excluding Losses Total expenses include the following: Employee related (a) Other operating expenses Capital Expenditure 22,305 53,257 71,266 8,219 14,086 8,317 44,940 13,274 57,992 2,534,197 2,566,802 2,552,547 (a) The 2013-14 Budget figure includes cost of expected additional seconded staff for the Sydney Motorways. Budget Estimates 2013-14 9 - 13 Roads and Maritime Services Financial Statements Operating Statement __________ 2012-13__________ Budget Revised $000 $000 2013-14 Budget $000 Expenses Excluding Losses Operating Expenses Employee related Other operating expenses Depreciation and amortisation (a) Grants and subsidies Finance costs TOTAL EXPENSES EXCLUDING LOSSES 566,084 1,154,958 555,257 1,135,606 542,862 1,026,836 939,521 1,931,741 1,568,671 482,963 440,007 348,231 78,075 76,809 65,722 3,221,601 4,139,420 3,552,322 ... (131,303) ... 531,214 525,923 499,328 17,700 17,700 15,425 Revenue Transfers to the Crown Entity (b) Sales of goods and services Investment revenue Retained taxes, fees and fines Grants and contributions Other revenue Total Revenue 45,620 45,620 49,029 4,473,508 4,579,403 4,584,343 198,324 241,005 234,428 5,266,366 5,278,348 5,382,553 Gain/(loss) on disposal of non current assets (62) 24,343 (62) Other gains/(losses) 860 (307,056) (95,022) 2,045,563 856,215 1,735,147 Net Result (a) Roads and Maritime Services have undertaken reviews of its road corridor assets, land property and maritime channel assets. The reviews have increased the non-cash depreciation and amortisation by $992 million to better reflect asset conditions. (b) The Maritime Trade Towers transaction raised over $131 million for the Housing Acceleration Fund to deliver roads to support housing. 9 - 14 Budget Estimates 2013-14 Roads and Maritime Services Balance Sheet __________ 2012-13__________ Budget Revised $000 $000 2013-14 Budget $000 Cash assets 253,261 337,425 332,895 Receivables 135,442 229,576 268,395 Other financial assets 43,740 43,740 43,740 Assets Current Assets Inventories 13,210 12,094 12,094 Assets held for sale 44,469 6,494 6,494 Total Current Assets 490,122 629,329 663,618 27,758 39,088 39,088 Other financial assets 119,591 103,355 94,395 Investment properties 132,289 ... ... Non Current Assets Receivables Property, plant and equipment Land and building Plant and equipment Infrastructure systems Intangibles 3,732,706 2,599,334 2,565,577 260,481 171,190 173,772 60,700,137 66,473,541 70,230,822 42,528 143,747 143,747 992,127 1,000,146 1,192,352 Total Non Current Assets 66,007,617 70,530,401 74,439,753 Total Assets 66,497,739 71,159,730 75,103,371 Payables 704,995 692,495 666,436 Borrowings at amortised cost 150,135 135,142 141,745 Provisions 319,432 336,511 336,511 Other 184,074 185,776 186,776 1,358,636 1,349,924 1,331,468 Borrowings at amortised cost 810,778 911,527 775,989 Provisions 934,698 1,121,664 1,162,537 Other 542,447 400,122 387,078 Total Non Current Liabilities 2,287,923 2,433,313 2,325,604 Total Liabilities 3,646,559 3,783,237 3,657,072 62,851,180 67,376,493 71,446,299 1,000,000 Other Liabilities Current Liabilities Total Current Liabilities Non Current Liabilities Net Assets Equity Reserves Accumulated funds Total Equity Budget Estimates 2013-14 6,329,298 8,663,957 61,851,180 61,047,195 62,782,342 62,851,180 71,446,299 67,376,493 9 - 15 Roads and Maritime Services Cash Flow Statement __________ 2012-13__________ Budget Revised $000 $000 2013-14 Budget $000 Employee related 553,122 549,869 486,381 Grants and subsidies 439,300 419,002 260,731 77,409 76,143 65,160 1,560,648 1,473,971 1,448,187 2,630,479 2,518,985 2,260,459 ... (131,303) ... 502,454 634,704 465,539 Cash Flows From Operating Activities Payments Finance costs Other Total Payments Receipts Transfers to the Crown Entity Sale of goods and services Interest received Grants and contributions Cash transfers to the Crown Entity Other Total Receipts Net Cash Flows From Operating Activities 17,698 17,698 15,425 4,464,972 4,518,138 4,575,435 (4,000) ... ... 500,730 340,320 493,569 5,481,854 5,379,557 5,549,968 2,851,375 2,860,572 3,289,509 26,130 181,093 26,130 Cash Flows From Investing Activities Proceeds from sale of property, plant and equipment Purchases of property, plant and equipment Other Net Cash Flows From Investing Activities (2,850,013) (2,997,882) (3,198,864) 18,685 4,733 8,192 (2,805,198) (2,812,056) (3,164,542) Cash Flows From Financing Activities Repayment of borrowings and advances (156,839) (67,763) (129,497) Net Cash Flows From Financing Activities (156,839) (67,763) (129,497) Net Increase/(Decrease) in Cash (110,662) (19,247) (4,530) Opening Cash and Cash Equivalents 363,923 356,672 337,425 Closing Cash and Cash Equivalents 253,261 337,425 332,895 2,045,563 856,215 1,735,147 802,257 1,286,009 1,296,726 3,555 718,348 257,636 2,851,375 2,860,572 3,289,509 Cash Flow Reconciliation Net result Non cash items added back Change in operating assets and liabilities Net Cash Flows From Operating Activities 9 - 16 Budget Estimates 2013-14 Independent Transport Safety Regulator Service Group Statements Rail Safety Regulation Service description: This service group covers the provision of the following services as the NSW Branch of the Office of the National Rail Safety Regulator: rail operator accreditation processing; rail safety legislation monitoring and enforcement; risk-based auditing, compliance inspections and investigations; compliance monitoring of recommendations from independent investigations; specialist safety advice to Government; and promotion of rail safety improvement practices to industry. Units 2010-11 Actual 2011-12 Actual 2012-13 Forecast 2012-13 Revised 2013-14 Forecast no. 234 195 n.a. 155 n.a. no. 137 110 n.a. 80 n.a. no. 172 164 n.a. 285 n.a. FTE 75 70 82 74 78 Service measures: Compliance activities completed (audits, inspections, investigations) (a) Statutory notices issued (Prohibition, Improvement, Penalty, Notice to Produce) Safety advices issued to Government (b) (a) Employees: (a) Future data cannot be forecast due to the nature of the regulatory function. (b) Future data cannot be forecast due to the nature of the advisory function. __________ 2012-13__________ Budget Revised $000 $000 2013-14 Budget $000 Financial indicators: Total Expenses Excluding Losses Total expenses include the following: Employee related Other operating expenses Other expenses Capital Expenditure Budget Estimates 2013-14 16,891 17,103 16,811 13,498 2,175 1,030 12,710 3,944 205 13,582 2,172 994 50 50 50 9 - 17 Independent Transport Safety Regulator Financial Statements Operating Statement __________ 2012-13__________ Budget Revised $000 $000 2013-14 Budget $000 Expenses Excluding Losses Operating Expenses Employee related Other operating expenses Depreciation and amortisation Other expenses TOTAL EXPENSES EXCLUDING LOSSES 13,498 2,175 12,710 3,944 13,582 2,172 188 244 63 1,030 205 994 16,891 17,103 16,811 Revenue Sales of goods and services 174 68 43 Investment revenue 154 158 158 15,404 15,404 15,495 840 768 861 16,572 16,398 16,557 ... (36) ... (319) (741) (254) Grants and contributions Acceptance by Crown Entity of employee benefits and other liabilities Total Revenue Other gains/(losses) Net Result 9 - 18 Budget Estimates 2013-14 Independent Transport Safety Regulator Balance Sheet __________ 2012-13__________ Budget Revised $000 $000 2013-14 Budget $000 Assets Current Assets Cash assets 2,719 3,623 3,213 Receivables 241 253 303 2,960 3,876 3,516 189 153 155 45 29 14 234 182 169 3,194 4,058 3,685 Total Current Assets Non Current Assets Property, plant and equipment Plant and equipment Intangibles Total Non Current Assets Total Assets Liabilities Current Liabilities Payables Provisions Total Current Liabilities 777 851 901 1,531 1,392 1,223 2,308 2,243 2,124 184 ... ... ... 201 201 184 201 201 2,492 2,444 2,325 702 1,614 1,360 702 1,614 1,360 702 1,614 1,360 Non Current Liabilities Borrowings at amortised cost Provisions Total Non Current Liabilities Total Liabilities Net Assets Equity Accumulated funds Total Equity Budget Estimates 2013-14 9 - 19 Independent Transport Safety Regulator Cash Flow Statement __________ 2012-13__________ Budget Revised $000 $000 2013-14 Budget $000 Cash Flows From Operating Activities Payments Employee related Other Total Payments 12,690 11,911 12,890 3,705 5,125 3,616 16,395 17,036 16,506 Receipts Sale of goods and services 174 68 43 Interest received 154 145 158 15,404 15,404 15,495 500 549 450 16,232 16,166 16,146 (163) (870) (360) (50) (50) (50) (50) (50) (50) (213) (920) (410) Opening Cash and Cash Equivalents 2,932 4,543 3,623 Closing Cash and Cash Equivalents 2,719 3,623 3,213 (319) (741) (254) Grants and contributions Other Total Receipts Net Cash Flows From Operating Activities Cash Flows From Investing Activities Purchases of property, plant and equipment Net Cash Flows From Investing Activities Net Increase/(Decrease) in Cash Cash Flow Reconciliation Net result Non cash items added back 188 280 63 Change in operating assets and liabilities (32) (409) (169) (163) (870) (360) Net Cash Flows From Operating Activities 9 - 20 Budget Estimates 2013-14 Office of Transport Safety Investigations Service Group Statements Investigation and Risk Mitigation Analysis Service description: This service group covers the mandated function of independently investigating safety incidents in public transport and rail freight. Units 2010-11 Actual 2011-12 Actual 2012-13 Forecast 2012-13 Revised 2013-14 Forecast Notifiable incidents reported Incident investigations conducted Confidential Safety Information and Reporting Scheme investigations conducted no. 2,479 2,998 2,600 2,000 2,000 no. 9 14 12 12 12 no. 25 13 12 12 12 Employees: FTE 11 11 11 11 11 Service measures: __________ 2012-13__________ Budget Revised $000 $000 2013-14 Budget $000 Financial indicators: Total Expenses Excluding Losses Total expenses include the following: Employee related Other operating expenses Other expenses Capital Expenditure Budget Estimates 2013-14 2,436 2,436 2,383 1,903 451 20 1,901 453 20 1,895 450 20 20 20 20 9 - 21 Office of Transport Safety Investigations Financial Statements Operating Statement __________ 2012-13__________ Budget Revised $000 $000 2013-14 Budget $000 Expenses Excluding Losses Operating Expenses Employee related Other operating expenses 1,903 451 1,901 453 1,895 450 Depreciation and amortisation 62 62 18 Other expenses 20 20 20 2,436 2,436 2,383 Sales of goods and services 1 1 1 Investment revenue 6 6 6 2,283 2,283 2,296 95 95 97 2,385 2,385 2,400 (51) (51) 17 TOTAL EXPENSES EXCLUDING LOSSES Revenue Grants and contributions Acceptance by Crown Entity of employee benefits and other liabilities Total Revenue Net Result 9 - 22 Budget Estimates 2013-14 Office of Transport Safety Investigations Balance Sheet __________ 2012-13__________ Budget Revised $000 $000 2013-14 Budget $000 Assets Current Assets Cash assets 45 61 59 Receivables 21 13 13 66 74 72 46 31 33 46 31 33 112 105 105 Total Current Assets Non Current Assets Property, plant and equipment Plant and equipment Total Non Current Assets Total Assets Liabilities Current Liabilities Payables Provisions Total Current Liabilities 74 63 63 189 251 234 263 314 297 Non Current Liabilities Borrowings at amortised cost Provisions Total Non Current Liabilities Total Liabilities Net Assets 58 ... ... ... 63 63 58 63 63 321 377 360 (209) (272) (255) (209) (272) (255) (209) (272) (255) Equity Accumulated funds Total Equity Budget Estimates 2013-14 9 - 23 Office of Transport Safety Investigations Cash Flow Statement __________ 2012-13__________ Budget Revised $000 $000 2013-14 Budget $000 Cash Flows From Operating Activities Payments Employee related 1,828 1,826 1,815 531 470 530 2,359 2,296 2,345 Sale of goods and services 1 1 1 Interest received 6 6 6 2,283 2,283 2,296 60 60 60 2,350 2,350 2,363 (9) 54 18 (20) (20) (20) (20) (20) (20) ... (61) ... ... (61) ... (29) (27) (2) Opening Cash and Cash Equivalents 74 88 61 Closing Cash and Cash Equivalents 45 61 59 (51) (51) 17 Other Total Payments Receipts Grants and contributions Other Total Receipts Net Cash Flows From Operating Activities Cash Flows From Investing Activities Purchases of property, plant and equipment Net Cash Flows From Investing Activities Cash Flows From Financing Activities Repayment of borrowings and advances Net Cash Flows From Financing Activities Net Increase/(Decrease) in Cash Cash Flow Reconciliation Net result Non cash items added back Change in operating assets and liabilities Net Cash Flows From Operating Activities 9 - 24 62 62 18 (20) 43 (17) (9) 54 18 Budget Estimates 2013-14