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