Department of Finance and
Deregulation
Agency Resources and Planned
Performance
DEPARTMENT OF FINANCE AND DEREGULATION
Section 1: Agency Overview and Resources ........................................................... 13
1.1
Strategic Direction Statement ......................................................................... 13
1.2
Agency Resource Statement .......................................................................... 15
1.3
Budget Measures ............................................................................................ 19
Section 2: Outcomes and Planned Performance ..................................................... 22
2.1
Outcomes and Performance Information........................................................ 22
Section 3: Explanatory Tables and Budgeted Financial Statements..................... 51
3.1
Explanatory Tables ......................................................................................... 51
3.2
Budgeted Financial Statements ...................................................................... 57
3
DEPARTMENT OF FINANCE AND DEREGULATION
Section 1: Agency Overview and Resources
1.1 STRATEGIC DIRECTION STATEMENT
The Department of Finance and Deregulation (Finance), as one of the Australian
Government’s central agencies, plays a key role in assisting and advising the
Australian Government across a wide variety of policy and program areas.
Finance has reviewed and amended its outcome statements, to provide a better
strategic statement about the core role and functions of Finance. This review resulted
in changes to the statements for Outcomes 1 and 2 only. As a result of the review, the
entirety of the procurement policy and framework function, and associated activities,
moved from Outcome 2 to Outcome 1.
Outcome 1 for Finance is “Informed decisions on Government finances and regulatory
practices through: policy advice; implementing frameworks; and providing financial
advice, guidance and assurance.”
To achieve this outcome, Finance:
 supports the Australian Government to both develop and deliver its agenda,
particularly its fiscal and economic plans and the operations of government by
providing high quality advice and services;
 contributes to the Australian Government’s reform agenda by improving the
effectiveness of government spending and ensuring improved frameworks for
development and implementation of value for money policy;
 works to promote better quality regulation in all areas of government to reduce
the costs of unnecessary and poorly designed government regulations on
Australian businesses;
 advises the Australian Government on the Nation Building Funds, and manages,
on behalf of the Australian Government, the superannuation arrangements for
Australian Government civilian employees, politicians and judges; and
 coordinates the Australian Government Procurement Policy Framework and a
number of significant Whole-of-Australian-Government procurement activities.
5
Finance Budget Statements
Outcome 2 for Finance is “Effective Government policy advice, administration and
operations through: oversight of Government Business Enterprises; Commonwealth
property management and construction; risk management; and providing ICT
services.”
To achieve this outcome, Finance:
 drives the use of Information and Communication Technology (ICT) to
increase public sector productivity, while maintaining a focus on efficiency and
effectiveness;
 contributes to the Australian Government’s agenda to make online government
services more accessible;
 implements reviews, at the Whole-of-Australian-Government level, of ICT and the
Commonwealth Property Management Framework;
 manages and provides advice on the Australian Government’s non-Defence
property portfolio within Australia, and undertakes the Australian Government’s
non-Defence major capital works projects; and
 promotes risk management across the Australian Government through its
provision of general insurance services managed by Comcover.
Outcome 3 for Finance is “Support for Parliamentarians, others with entitlements and
organisations as approved by Government through the delivery of entitlements and
targeted assistance.”
Finance achieves this outcome through providing entitlements and advice to Senators
and Members, and their staff.
Finance Budget Statements
1.2
AGENCY RESOURCE STATEMENT
Table 1.1 shows the total resources from all sources. The table summarises how
resources will be applied by outcome and by administered and departmental
classification.
7
Finance Budget Statements
Table 1.1: Department of Finance and Deregulation Resource Statement —
Budget Estimates for 2012-13 as at Budget May 2012
Estimate
of prior
year amounts
available in
2012-13
$'000
Ordinary annual services 1
Departm ental appropriation
Departmental appropriation 2
s31 Relevant agency receipts
Total
Adm inistered expenses
Outcome 1
Outcome 2
Outcome 3 5
Total
Total ordinary annual services A
Other services 6
Departm ental non-operating
Equity injections
Total
Adm inistered non-operating
Administered assets and liabilities
Total
Total available annual
appropriations
Special appropriations
Special appropriations lim ited
by criteria/entitlem ent
Federal Magistrates Act 1999 section 9G
Governor-General Act 1974
Judges' Pensions Act 1968
Members of Parliament (Life
Gold Pass) Act 2002
Parliamentary Contributory
Superannuation Act 1948
Parliamentary Entitlements
Act 1990
Parliamentary Superannuation
Act 2004
Same-Sex Relationships
(Equal Treatment in
Commonwealth Laws Superannuation) Act 2008
Actual
available
appropriation
2012-13
$'000
2012-13
$'000
2011-12
$'000
291,267
21,872
313,139
345,422
21,872
367,294
244,363
22,083
266,446
-
11,434
697
239,937
252,068
11,434
697
239,937
252,068
14,689
681
236,954
252,324
54,155
565,207
619,362
518,770
-
190,464
190,464
190,464
190,464
208,000
208,000
-
6,822
6,822
6,822
6,822
1,789
1,789
-
197,286
197,286
209,789
54,155
762,493
816,648
728,559
-
1,355
828
75,300
1,355
828
75,300
1,256
939
71,426
-
3,171
3,171
3,097
-
56,300
56,300
52,285
-
157,071
157,071
153,357
-
4,200
4,200
3,500
-
61
61
159
54,155
54,155
4
Total other services
Total
estimate
B
+
3
Proposed
at Budget
=
Finance Budget Statements
Table 1.1: Department of Finance and Deregulation Resource Statement —
Budget Estimates for 2012-13 as at Budget May 2012 (continued)
Superannuation Act 1922
Superannuation Act 1976
Superannuation Act 1990
Superannuation Act 2005
Superannuation Legislation
(Consequential Amendments and
Transitional Provisions) Act 2011
Special appropriations lim ited
by am ount
Commonwealth of Australia
Constitution Act 1901 (s.66)
Special appropriations lim ited
by capital
Special capital appropriations
Total special appropriations
Estimate
of prior
year amounts
available in
2012-13
$'000
-
C
Total appropriations excluding
Special accounts
Special accounts
Opening balance 7
Appropriation receipts
Equity Injection
Non-appropriation receipts to
special accounts
D
Total special accounts
Total resourcing
A+B+C+D
Less appropriations draw n from
annual or special appropriations above
and credited to special accounts
and/or CAC Act bodies through
annual appropriations
Total net resourcing for Finance
Total
estimate
Actual
available
appropriation
2012-13
$'000
49,001
3,415,480
3,249,020
200
2012-13
$'000
49,001
3,415,480
3,249,020
200
2011-12
$'000
49,142
3,315,348
2,961,377
100
-
-
-
1,992
-
4,580
4,580
3,797
-
1,488,832
1,488,832
1,392,780
-
8,505,399
8,505,399
8,010,555
54,155
9,267,892
9,322,047
8,739,114
486,419
-
65,976
69,396
486,419
65,976
69,396
517,974
17,168
160,576
486,419
3,663,341
3,798,713
3,663,341
4,285,132
6,190,686
6,886,404
540,574
13,066,605
13,607,179
15,625,518
-
540,574
+
Proposed
at Budget
(135,372)
12,931,233
=
(135,372)
13,471,807
(177,744)
15,447,774
Reader note: All figures are GST exclusive.
1
2
3
4
5
6
7
Appropriation Bill (No.1) 2012-13.
Includes an amount of $8.290m in 2012-13 for the Departmental Capital Budget (refer to table 3.2.5 for further
details). For accounting purposes this amount has been designated as ‘contributions by owners’. Also included
is an amount of $7.644m as departmental supplementation.
Estimated adjusted balance carried from previous year for annual appropriations.
s31 Relevant Agency receipts – estimate.
Includes an amount of $3.197m for the Administered Capital Budget (refer to table 3.2.10 for further
details).
Appropriation Bill (No.2) 2012-13.
Estimated opening balance for special accounts.
Finance Budget Statements
Table 1.1: Department of Finance and Deregulation Resource Statement —
Budget Estimates for 2012-13 as at Budget May 2012 (continued)
Third Party Payments From and on Behalf of Other Agencies
2012-13
$'000
Payments made on behalf of Finance:
ComSuper:
Same-Sex Relationships
(Equal Treatment in
Commonwealth Laws Superannuation) Act 2008
Superannuation Act 1922
Superannuation Act 1976
Superannuation Act 1990
Superannuation Act 2005
Appropriation Act 1 1
Appropriation Act 1 2
Appropriation Act 2 2
Department of the Senate:
Commonwealth of Australia
Constitution Act 1901 (s. 66)
Parliamentary Entitlements Act 1990
Parliamentary Superannuation Act 2004
Department of the House of Representatives:
Commonwealth of Australia
Constitution Act 1901 (s. 66)
Parliamentary Entitlements Act 1990
Parliamentary Superannuation Act 2004
Attorney-General's Department:
Parliamentary Entitlements Act 1990
Department of Defence:
Parliamentary Entitlements Act 1990
Department of Parliamentary Services
Parliamentary Entitlements Act 1990
Fair Work Australia:
Judges' Pensions Act 1968
Payments made by Finance on behalf of other agencies:
Attorney-General's Department Law Officers Act 1964
Australian Secret Intelligence
Organisation - Appropriation Act 2
Department of Prime Minister and Cabinet Appropriation Act 1
1 Compensation and legal payments.
2 Acts of Grace Payments.
2011-12
$'000
61
49,001
3,415,480
3,249,020
200
500
650
959
159
49,142
3,315,348
2,961,377
100
500
626
944
1,152
736
1,486
670
736
1,238
3,428
450
2,714
1,994
450
2,262
300
300
-
-
13,737
13,483
4,833
4,236
400
400
27,496
134,118
-
3,382
Finance Budget Statements
1.3
BUDGET MEASURES
Budget measures relating to the Department of Finance and Deregulation are detailed
in Budget Paper No. 2 and are summarised below.
Table 1.2: Department of Finance and Deregulation 2012-13 Budget Measures
Program
Expense m easures
Australian Federal Police
- forensic facility 1
Departmental expenses
Deregulation agenda
- additional funding
Departmental expenses
Reforming Australia's Biosecurity
System - maintaining core
biosecurity operations 2
Departmental expenses
Regional Marine Planning Program
- continuation 3
Departmental expenses
Remote Jobs and Communities
Program - establishment 4
Departmental expenses
Nation Building Program
- Northern Territory road projects
Administered expenses
Sydney Airport Corporation Limited
stamp duty litigation
- additional funding
Departmental expenses
Intermodal Terminal at Moorebank
in Western Sydney
Departmental expenses
2011-12
$'000
2012-13
$'000
2013-14
$'000
2014-15
$'000
2015-16
$'000
1.1
-
(85)
(85)
(42)
1.1
-
(1,705)
(1,720)
(1,733)
(1,755)
1.1
-
(100)
(100)
(100)
(100)
1.1
-
(85)
(85)
(85)
(85)
1.1
-
(61)
1.3
-
2.1
2.1
(7,437)
-
-
-
-
-
-
-
-
-
-
-
-
-
(15,279)
(10,244)
(282)
(286)
Finance Budget Statements
Table 1.2: Department of Finance and Deregulation 2012-13 Budget Measures
(continued)
Program
Whole-of-Government
Parliamentary Workflow Solution 5
Departmental expenses
Cox Peninsula remediation w ork
- second pass business case
Departmental expenses
Malabar Headland - remediation w ork
Departmental expenses
Reforming Australia's Biosecurity
System - new Post-Entry
Quarantine facility 6
Departmental expenses
Fire Service Levy - reduction
Departmental expenses
Total
2011-12
$'000
2012-13
$'000
2013-14
$'000
2014-15
$'000
2.1
-
(262)
(264)
2.2
-
(2,000)
(2,000)
-
-
2.2
-
(2,000)
(6,000)
-
-
2.2
-
2.3
-
-
(267)
2015-16
$'000
-
(135)
(5,795)
(7,437)
nfp
(21,577)
nfp
(20,498)
nfp
(2,509)
nfp
(8,156)
(7,437)
(7,437)
(21,577)
(21,577)
(20,498)
(20,498)
(2,509)
(2,509)
(8,156)
(8,156)
Total expense m easures
Administered
Departmental
Total
Finance Budget Statements
Table 1.2: Department of Finance and Deregulation 2012-13 Budget Measures
(continued)
Program
Capital m easures
Nation Building Program
- Northern Territory road projects
Administered capital
Whole-of-Government
Parliamentary Workflow Solution 5
Departmental capital
Intermodal Terminal at Moorebank
in Western Sydney - Defence
relocation
Departmental capital
Intermodal Terminal at Moorebank
in Western Sydney 7
Administered capital
Reforming Australia's Biosecurity
System - new Post-Entry
Quarantine facility 6
Departmental capital
Reforming Australia's Biosecurity
System - maintaining core
biosecurity operations 2
Departmental capital
Total
Total capital m easures
Administered
Departmental
Total
2011-12
$'000
2012-13
$'000
2013-14
$'000
2014-15
$'000
2015-16
$'000
1.3
-
-
-
-
-
2.1
-
-
-
-
-
2.1
-
2.1
-
2.2
-
(22,070)
(95,369)
(59,752)
(7,012)
2.2
-
(124,685)
(353,764)
(243,887)
(21,313)
-
nfp
(124,685)
(124,685)
nfp
(353,764)
(353,764)
nfp
(243,887)
(243,887)
nfp
(21,313)
(21,313)
(102,615)
nfp
(258,395)
nfp
(184,135)
nfp
Note: This table has been prepared on a Government Financial Statistics (fiscal) basis. A positive amount indicates
an improvement to fiscal balance while a negative amount indicates a worsening of fiscal balance.
1
2
3
4
5
6
7
The lead agency for the measure Australian Federal Police - forensic facility is the Australian Federal Police.
The full measure description and package details appear in Budget Paper 2 under the Attorney-General’s
Portfolio.
The lead agency for the measure Reforming Australia’s Biosecurity System – maintaining core biosecurity
operations is the Department of Agriculture, Fisheries and Forestry. The full measure description and package
details appear in Budget Paper 2 under the Agriculture, Fisheries and Forestry Portfolio.
The lead agency for the measure Regional Marine Planning Program - continuation is the Department of
Sustainability, Environment, Water, Population and Communities. The full measure description and package
details appear in Budget Paper 2 under the Sustainability, Environment, Water, Population and Communities
Portfolio.
The lead agency for the measure Remote Jobs and Communities Program - establishment is the Department of
Education, Employment and Workplace Relations. The full measure description and package details appear in
Budget Paper 2 under the Education, Employment and Workplace Relations Portfolio.
The lead agency for the measure Whole-of-Government Parliamentary Workflow Solution is the Department of
Education, Employment and Workplace Relations. The full measure description and package details appear in
Budget Paper 2 under the Education, Employment and Workplace Relations Portfolio
The lead agency for the measure Reforming Australia’s Biosecurity System – new Post-Entry Quarantine facility
is the Department of Agriculture, Fisheries and Forestry. The full measure description and package details
appear in Budget Paper 2 under the Agriculture, Fisheries and Forestry Portfolio.
Figures are not for publication due to commercial confidentiality.
(14,301)
nfp
Finance Budget Statements
8
Section 2: Outcomes and Planned Performance
2.1
OUTCOMES AND PERFORMANCE INFORMATION
Government outcomes are the intended results, impacts or consequences of actions by
the Australian Government on the Australian community. Commonwealth programs
are the primary vehicle by which Australian Government agencies achieve the
intended results of their outcome statements. Agencies are required to identify the
programs which contribute to Government outcomes over the Budget and forward
years.
Each outcome is described below together with its related programs, specifying the
performance indicators and targets used to assess and monitor the performance of
Finance in achieving Government outcomes.
Outcome 1: Informed decisions on Government finances and regulatory
practices through: policy advice; implementing frameworks; and providing
financial advice, guidance and assurance.
Outcome 1 Strategy
Finance assists the Australian Government to meet its policy objectives through:
 providing robust analysis and policy advice on Australian Government
expenditure, along with development and preparation of the Budget;
 providing Whole-of-Australian-Government financial reporting and maintaining
the financial framework, including improvements to enhance transparency,
ensuring its on-going relevance and reducing internal red tape;
 implementing the Australian Government's better regulation agenda; and
 providing advice on procurement policy, including the coordination of
procurement arrangements and Australian Government advertising processes.
Finance Budget Statements
Outcome Expense Statement
Table 2.1 provides an overview of the total expenses for Outcome 1, by program.
Table 2.1.1: Budgeted Expenses for Outcome 1
Outcom e 1: Inform ed decisions on Governm ent finances
and regulatory practices through: policy advice;
im plem enting fram ew orks; and providing financial advice,
guidance and assurance.
Program 1.1: Budget, Financial Managem ent,
Better Regulation and Procurem ent Fram ew ork
Administered expenses
Ordinary annual services (Appropriation Bill No. 1)
Central Banking Agreement 1
Departmental expenses
Ordinary annual services (Appropriation Bills No. 1 & 3)
Departmental Appropriations 2
Budget Advice
Financial Reporting
Financial Framew ork
Deregulation and Regulatory Reform
Procurement Framew ork
Special Accounts
Coordinated Procurement Contracting
Special Account 3
Expenses not requiring appropriation in the Budget year
4
Total for Program 1.1
Program 1.2: Public Sector Superannuation
Administered expenses
Ordinary annual services (Appropriation Bill No. 1)
Act of Grace Nominal Interests
Compensation and Legal Expenses
Superannuation Administration Costs
Expenses not requiring appropriation in the Budget year 4
Special Appropriations
Federal Magistrates Act 1999 Section 9G
Governor-General Act 1974
Judges' Pensions Act 1968
Parliamentary Contributory Superannuation Act 1948
Parliamentary Superannuation Act 2004
Same-Sex Relationships (Equal Treatment in Commonwealth
Laws - Superannuation) Act 2009
Superannuation Act 1922
Superannuation Act 1976
Superannuation Act 1990
Superannuation Act 2005
Superannuation Legislation (Consequential Amendments and
Transitional Provisions) Act 2011 5
2011-12
Estimated
Actual
Expenses
$'000
2012-13
Estimated
Expenses
3,000
-
53,294
24,324
22,965
12,584
9,356
53,015
28,146
19,622
10,807
9,192
89,019
5,742
74,631
10,383
220,284
205,796
626
500
10,283
-
650
500
10,283
-
1,256
939
71,426
52,285
3,500
1,355
828
75,300
56,300
4,200
159
49,142
3,315,348
2,961,377
100
61
49,000
3,415,480
3,249,020
200
-
-
$'000
Finance Budget Statements
Table 2.1.1: Budgeted Expenses for Outcome 1 (continued)
Outcom e 1: Inform ed decisions on Governm ent finances
and regulatory practices through: policy advice;
im plem enting fram ew orks; and providing financial advice,
guidance and assurance.
Departmental expenses
Departmental Appropriation 2
Public Sector Superannuation
Expenses not requiring appropriation in the Budget year
Total for Program 1.2
Program 1.3: Nation Building Funds
Administered expenses
Special Accounts
Building Australia Fund Special Account
Education Investment Fund Special Account
Health and Hospitals Fund Special Account
Total for Program 1.3
Outcom e 1 Totals by appropriation type
Administered Expenses
Ordinary annual services (Appropriation Bill No. 1)
Special Appropriations
Special Accounts
Expenses not requiring appropriation in the Budget year
Departmental expenses
Departmental Appropriation 2
Expenses not requiring appropriation in the Budget year
Total expenses for Outcom e 1
4
2011-12
Estimated
Actual
Expenses
$'000
2012-13
Estimated
Expenses
14,094
255
12,981
255
6,481,290
6,876,413
2,666,680
822,252
1,223,789
896,281
540,493
725,681
4,712,721
2,162,455
14,409
6,455,532
4,801,740
-
11,433
6,851,744
2,237,086
-
136,617
5,997
133,763
10,638
11,414,295
9,244,664
$'000
2011-12
2012-13
Average Staffing Level (num ber)
970
921
1 The Central Banking Agreement transfers from Administered to Departmental, effective 1 July 2012. This item
is now funded under the Financial Reporting subprogram.
2 Departmental appropriation combines ‘ordinary annual services (Appropriation Bill No. 1)’ and ‘revenue from
independent sources (s.31)’.
3 The Coordinated Procurement Contracting Special Account expenses include expenses for ICT-related
coordinated procurement activities. The policy for ICT coordinated procurement activities is provided under
Outcome 2 (Australian Government Information Management Office).
4 Expenses not requiring appropriation in the Budget year is made up of depreciation expense, amortisation
expense and resources received free of charge.
5 Expenses for this Act are zero. The estimate of $1,992k identified for this Act in the comparator column in
Table 1.1 relates to an equity payment.
Note: Departmental appropriation splits and totals are indicative estimates and may change in the course of the
budget year as Australian Government priorities change.
Finance Budget Statements
Contributions to Outcome 1
Program 1.1: Budget, Financial
Procurement Framework
Management,
Better
Regulation
and
Program Objective
This program contributes to the outcome through:
 advising the Finance Minister, the Minister Assisting for Deregulation and the
Expenditure Review Committee (ERC) of Cabinet so they can make informed
decisions; and
 providing a robust financial management and procurement framework policy
that fosters accountable expenditure decision-making by Australian Government
agencies.
Program 1.1: Budget, Financial Management, Better Regulation and Procurement
Framework
Annual administered expenses:
Central Banking Agreement 1
Annual departmental expenses:
Budget Advice
Financial Reporting
Financial Framew ork
Deregulation and Regulatory Reform
Procurement Framew ork
Coordinated Procurement Contracting
Special Account 2
Expenses not requiring appropriation in
the Budget year 3
Total program expenses
2011-12
Revised
Budget
$'000
2012-13
Budget
$'000
2013-14
Forw ard
year 1
$'000
2014-15
Forw ard
year 2
$'000
2015-16
Forw ard
year 3
$'000
3,000
-
-
-
-
53,294
24,324
22,965
12,584
9,356
53,015
28,146
19,622
10,807
9,192
53,035
20,299
19,122
10,811
9,194
53,760
20,432
18,963
10,968
9,296
54,256
20,614
18,828
11,074
9,365
89,019
74,631
75,489
74,139
76,489
5,742
220,284
10,383
205,796
12,962
200,912
13,304
200,862
13,304
203,930
1
The Central Banking Agreement transfers from Administered to Departmental, effective 1 July 2012.
2
The Coordinated Procurement Contracting Special Account expenses include expenses for ICT-related
coordinated procurement activities. The policy for ICT coordinated procurement activities is provided under
Outcome 2 (Australian Government Information Management Office).
3
Expenses not requiring appropriation in the Budget year is made up of depreciation expense, amortisation
expense and resources received free of charge.
Finance Budget Statements
Program 1.1 Deliverables
Budget
 Inform the Australian Government through relevant, reliable, robust analysis
and evidence-based policy advice and financial information including timely and
accurate costings.
 Prepare and deliver Budget estimates, processes and documentation in an
accurate and timely manner.
 Provide advice to Australian Government agencies on Budget processes that is
effective, timely and accurate.
Deregulation
 Provide advice to support the development of more efficient regulation and
effective regulatory management.
Financial Management
 Provide advice to the Finance Minister to meet financial reporting responsibilities
under the FMA Act, the CAC Act, the Charter of Budget Honesty Act 1998 and the
Annual Appropriation Acts, through:
o the development and maintenance of the Finance Minister’s Orders;
o the production of financial data and financial statements for the Australian
Government;
o the production of Appropriation Bills; and
o the monitoring and reporting of the Australian Government’s cash balances.
 Provide financial management legislation that is clear and concise that supports
efficient, effective, ethical and economical Australian Government
administration.
 Provide advice on policy and implementation issues, including in relation to the
financial framework.
Assurance
 Undertake Gateway reviews and Implementation Readiness Assessments of
major projects and programs over their lifecycle, to provide assurance to agencies
regarding delivery and implementation.
Finance Budget Statements
International Governance and Cooperation
 Deploy public financial management advisory staff to relevant countries as
agreed with the governments of these countries, in line with the Australian
Government's overseas aid priorities.
Procurement Framework
 Provide policy advice to the Australian Government, departments and agencies
on procurement and related operational matters.
 Provide assistance and advice to departments and agencies on the process of
developing Australian Government advertising campaigns.
 Promote the professionalisation of Australian Government procurement.
 Develop and manage AusTender.
 For non-ICT related procurement, manage Whole-of-Australian-Government and
coordinated procurement contract arrangements including conducting scoping
studies into goods and services which may be suitable for coordinated
arrangements.

Each year:
o Conduct five Procurement Discussion Forums.
o Conduct four Procurement Seminars
o Issue ten Procurement Bulletins.
Program 1.1 Key Performance Indicators
Budget
 Advice is timely, relevant and of high quality, and is based on an objective and
thorough understanding of issues from a Whole-of-Australian-Government
perspective.
 Costings and budget estimates are accurate and appropriate and meet ERC and
Budget deadlines for provision of information and analysis.
 Accurate budget estimates targets, measured as follows, after allowing for the
effects of policy decisions, movements in economic parameters and changes in
accounting treatments:
Finance Budget Statements
o 2.0% difference between first forward year estimated expenses and final outcome;
o 1.5% difference between Budget estimated expenses and final outcome;
o 1% difference between revised estimated expenses at Mid Year Economic and
Fiscal Outlook (MYEFO) and final outcome; and
o 0.5% difference between revised estimated expenses at Budget time and final
outcome.
Deregulation
 Identify and address poorly performing regulatory functions and frameworks,
quantifying impacts where possible.
 Respond to the first draft of the Regulation Impact Statement, or approve it as
adequate, within ten business days.
Financial Management
 Accurate and timely financial statements are prepared as part of the Budget
documentation.
 Appropriation Bills accurately reflect the decisions of the Australian Government
and are finalised for introduction into Parliament as agreed by the Australian
Government.
 Accurate financial reports are delivered to the Australian Government within
agreed timeframes:
o Monthly General Government Sector financial reports (excluding July) are
timely and accurate. Following the month end, statements are provided to the
Finance Minister, on average, within 21 days.
o Consolidated financial statements are provided by the Finance Minister to the
Auditor-General in accordance with the FMA Act by 30 November 2012.
o The derived underlying cash balance is provided to Government following the
end of the financial year within 5 days.
 Key financial reports delivered to the Australian Government within agreed
timeframes.
 Progressive improvement, from the introduction of public reporting in 2008-09, in
aggregate and portfolio compliance results via the implementation of the
Certificate of Compliance framework.
Finance Budget Statements
Assurance

Gateway reviews assist Senior Responsible Officials (SROs) by contributing
constructively to the delivery confidence of their projects; with 90% of SROs
identifying that Gateway has contributed constructively to their project.
International Governance and Cooperation

Contribute to the achievement of the public financial management reforms and
capacity in Indonesia and Pacific island countries assessed through external
evaluations and stakeholder assessments.
Procurement Framework

Government advertising is conducted in accordance with Australian Government
advertising policies.

Coordinated Procurement arrangements are well managed. In particular,
scoping studies and tender processes are conducted within agreed timeframes and
budget; and contracts are managed in accordance with appropriate contract
management plans.

Timely and relevant advice on procurement policy matters is provided, with at
least 80% of agency queries to procurement advice inbox responded to within
3 days.

AusTender is available 99% of the time during business hours (ACT local time).
Finance Budget Statements
Program 1.2: Public Sector Superannuation
Program Objective
This program contributes to the outcome through advising the Australian
Government on managing the Future Fund, the Australian Government unfunded
superannuation liabilities and its associated administered expense items and
superannuation arrangements for Australian Government employees.
This includes advising the Australian Government on the administration and
management of superannuation arrangements for current and former: Members of
Parliament; Governors-General; Federal Judges; and Federal Magistrates.
Linked to:
 Commonwealth Superannuation Corporation (CSC) is the trustee which
manages and invests the Australian Government’s main superannuation
schemes, including the following civilian schemes: the Public Sector
Superannuation Accumulation Plan; the Public Sector Superannuation Scheme
and the Commonwealth Superannuation Scheme.
 ComSuper provides superannuation administration services to the Australian
Government’s main superannuation schemes. ComSuper makes entitlement
payments to current and former Australian Government employees by drawing
down on Finance’s superannuation special and annual appropriations.
 The Future Fund Management Agency (FFMA) supports and advises the Future
Fund Board of Guardians in its task of investing the assets of the Future Fund.
Finance provides advice to the Australian Government on the investment
mandates and governance arrangements for the Future Fund.
Finance Budget Statements
Program 1.2: Public Sector Superannuation
2011-12
Revised
Budget
$'000
2012-13
Budget
2013-14
Forw ard
year 1
$'000
2014-15
Forw ard
year 2
$'000
$'000
Annual administered expenses:
Act of Grace Nominal Interests
626
650
592
527
Compensation and Legal Expenses
500
500
500
500
Superannuation Administration Costs
10,283
10,283
10,283
10,283
Special appropriations:
Federal Magistrates Act 1999 Section 9G
1,256
1,355
1,457
1,556
Governor-General Act 1974
939
828
828
828
Judges' Pensions Act 1968
71,426
75,300
78,200
81,500
Parliamentary Contributory
Superannuation Act 1948
52,285
56,300
56,100
54,500
Parliamentary Superannuation
Act 2004
3,500
4,200
4,703
5,277
Same-Sex Relationships (Equal
Treatment in Commonwealth
Laws - Superannuation) Act 2008
159
61
54
48
Superannuation Act 1922
49,142
49,000
45,000
41,000
Superannuation Act 1976
3,315,348
3,415,480
3,390,480
3,363,480
Superannuation Act 1990
2,961,377
3,249,020
3,386,020
3,545,020
Superannuation Act 2005
100
200
200
200
Superannuation Legislation
(Consequential Amendments and
Transitional Provisions) Act 2011 2
Annual departmental expenses:
Public Sector Superannuation
14,094
12,981
8,826
8,429
Expenses not requiring appropriation
in the Budget year 1
255
255
238
239
Total program expenses
6,481,290
6,876,413
6,983,481
7,113,387
1 Expenses not requiring appropriation in the Budget year is made up of depreciation expense, amortisation
expense and resources received free of charge.
2
Expenses for this Act are zero. The estimate of $1,992k identified for this Act in the comparator column in
Table 1.1 relates to an equity payment.
2015-16
Forw ard
year 3
$'000
456
500
10,283
1,654
828
83,000
55,600
5,488
40
38,000
3,353,480
3,693,020
200
8,500
239
7,251,288
Finance Budget Statements
Program 1.2 Deliverables
 Provide policy advice on, and manage effectively, the Australian Government’s
unfunded superannuation liability and associated administered expenses, and
provide policy advice on the superannuation arrangements for Australian
Government employees.
 Provide policy advice and manage the superannuation arrangements for the
Parliamentary Contributory Superannuation Scheme and current and former:
Governors-General; Federal Judges; and Federal Magistrates.
 Provide policy advice on the Future Fund, including the investment mandate
and other governance matters.
 Provide policy advice on the governance of Sovereign Wealth Funds.
Program 1.2 Key Performance Indicators
 High quality and relevant policy advice is provided in a timely manner, as
assessed by feedback from key clients.
 Members of superannuation schemes administered by Finance are satisfied with
service provision. Payments made under these superannuation schemes are
accurate and in accordance with scheme timeframes. Superannuation scheme
statements are issued in accordance with prescribed timeframes.
Finance Budget Statements
Program 1.3: Nation Building Funds
Program Objective
This program contributes to the outcome through advising on the Australian
Government’s three Nation Building Funds (NBF):
 Building Australia Fund;
 Education Investment Fund; and
 Health and Hospitals Fund.
This includes advice on the investment mandates, transfers of amounts to the NBF,
debits for payments to Portfolio Special Accounts, and other governance matters.
The NBF provide a financing source to meet the Australian Government’s
commitment to Australia’s future by investment in critical areas of infrastructure
such as transport, communications, energy, water, education, research and health.
Linked to:
 The FFMA supports and advises the Future Fund Board of Guardians in its task
of investing the assets of the NBF. Finance provides advice to the Australian
Government on investment mandates and governance arrangements for the NBF.
Program 1.3: Nation Building Funds
Special Account Expenses:
Building Australia Fund Special
Account
Education Investment Fund
Special Account
Health and Hospitals Fund
Special Account
Total program expenses
2011-12
Revised
Budget
$'000
2012-13
Budget
$'000
2013-14
Forw ard
year 1
$'000
2014-15
Forw ard
year 2
$'000
2015-16
Forw ard
year 3
$'000
2,666,680
896,281
953,515
568,339
755,485
822,252
540,493
305,779
243,360
224,582
1,223,789
4,712,721
725,681
2,162,455
586,309
1,845,603
478,391
1,290,090
545,145
1,525,212
Finance Budget Statements
Program 1.3 Deliverables
 Provide policy advice to the Australian Government on the NBF, including
investment mandates and crediting payments to Portfolio Special Accounts and
other governance matters.
Program 1.3 Key Performance Indicators
 High quality and relevant advice is provided in a timely manner, as assessed by
feedback from key clients.
 Payments to Portfolio Special Accounts are timely and consistent with
legislation. Once appropriate payments advice is received from the agency,
Finance will credit Portfolio Special Accounts within 6 business days.
Finance Budget Statements
Outcome 2: Effective Government policy advice, administration and
operations through: oversight of Government Business Enterprises;
Commonwealth property management and construction; risk management;
and providing ICT services.
Outcome 2 Strategy
Finance supports the Australian Government's administration and operations through:
 providing shareholder oversight of Australian Government Business Enterprises
(GBEs) and other commercial entities;
 undertaking major projects;
 managing the non-Defence property portfolio within Australia;
 administering the Australian Government’s self‑managed general insurance fund;
 providing advice and support in relation to the discretionary powers regarding
Acts of Grace and Waivers of Debt;
 providing advice and support in relation to Australian Government Land and
Public Works Policy; and
 providing advice and services on ICT to enable the delivery of better and more
efficient Australian Government services for the Australian people, communities
and business, through:
o improving ICT knowledge, skills and capability across the Australian
Government;
o using ICT to simplify and join services that the Australian Government
provides;
o targeting and coordinating ICT investment and the sharing of resources;
o harnessing the full potential of the digital economy and new technologies; and
o generating, sharing, managing and more effectively using information.
Finance Budget Statements
Outcome Expense Statement
Table 2.1.2 provides an overview of the total expenses for Outcome 2, by program.
Table 2.1.2: Budgeted Expenses for Outcome 2
Outcom e 2: Effective Governm ent policy advice,
adm inistration and operations through: oversight
of Governm ent Business Enterprises; Com m onw ealth
property m anagem ent and construction; risk
m anagem ent; and providing ICT services.
Program 2.1: Australian Governm ent Business and ICT
Administered expenses
Ordinary annual services (Appropriation Bill No. 1)
Grants in Aid - Animals Australia
Grants in Aid - Australian Institute of Policy and Science
Grants in Aid - Chifley Research Centre
Grants in Aid - Green Institute
Grants in Aid - Menzies Research Centre
Grants in Aid - Page Research Centre
Grants in Aid - Royal Humane Society of Australasia
Grants in Aid - RSPCA Australia Inc
Departmental expenses
Departmental Appropriation 1
Government Business Enterprises Ow nerships and Divestment
Special Claims and Land Policy
Australian Government Information Management Office
Expenses not requiring appropriation in the Budget year 2
Special Accounts
Business Services Special Account
Total for Program 2.1
2011-12
Estimated
Actual
Expenses
$'000
2012-13
Estimated
Expenses
32
32
204
50
204
102
23
32
33
33
209
50
209
105
23
33
36,755
4,601
30,042
4,042
20,022
4,505
30,065
3,135
$'000
-
-
76,119
58,422
Finance Budget Statements
Table 2.1.2: Budgeted Expenses for Outcome 2 (continued)
2011-12
Estimated
Actual
Expenses
$'000
2012-13
Estimated
Expenses
76,194
99,824
76,194
99,824
95,516
128,087
95,516
128,087
679
695
71,398
171,710
4,042
54,592
227,911
3,135
Total Expenses for Outcom e 2
247,829
286,333
Average Staffing Level (num ber)
2011-12
385
2012-13
391
Outcom e 2: Effective Governm ent policy advice,
adm inistration and operations through: oversight
of Governm ent Business Enterprises; Com m onw ealth
property m anagem ent and construction; risk
m anagem ent; and providing ICT services.
Program 2.2: Property and Construction
Departmental expenses
Special Accounts
Property Special Account
Total for Program 2.2
Program 2.3: Insurance and Risk Managem ent
Departmental expenses
Special Accounts
Comcover Special Account
Total for Program 2.3
Outcom e 2 totals by appropriation type:
Administered expenses
Ordinary annual services (Appropriation Bill No. 1)
Departmental expenses
Departmental Appropriation 1
Special Accounts
Expenses not requiring appropriation in the Budget year
2
$'000
1
Departmental Appropriation combines ‘ordinary annual services (Appropriation Bill No. 1)’ and ‘revenue from
independent sources (s31)’.
2
Expenses not requiring appropriation in the Budget year is made up of depreciation expense, amortisation
expense, and resources received free of charge.
Note: Departmental appropriation splits and totals are indicative estimates and may change in the course of the
budget year as Australian Government priorities change.
Finance Budget Statements
Contributions to Outcome 2
Program 2.1: Australian Government Business and ICT
Program Objective
This program contributes to the outcome through:
 promoting a robust governance and accountability framework for GBEs
including providing advice on the strategy, governance and performance of
GBEs to the Australian Government;
 providing advice and support in relation to the discretionary powers regarding
Acts of Grace and Waivers of Debt;
 providing advice and support in relation to Australian Government Land and
Public Works Policy; and
 supporting better informed decisions and improving the operations of the
Australian Government through the innovative use of ICT.
Finance Budget Statements
Program 2.1: Australian Government Business and ICT
Annual administered expenses:
Grants in Aid - Animals Australia
Grants in Aid - Australian Institute of
Policy and Science
Grants in Aid - Chifley Research Centre
Grants in Aid - Green Institute
Grants in Aid - Menzies Research Centre
Grants in Aid - Page Research Centre
Grants in Aid - Royal Humane Society
of Australia
Grants in Aid - RSPCA Australia Inc
Annual departmental expenses:
Government Business Enterprises
Ow nership and Divestment
Special Claims and Land Policy
Australian Government Information
Management Office
Expenses not requiring appropriation in
the Budget year 1
Special Account Expenses:
Business Services Special Account
Total program expenses
1
2011-12
Revised
Budget
$'000
2012-13
Budget
$'000
2013-14
Forw ard
year 1
$'000
2014-15
Forw ard
year 2
$'000
2015-16
Forw ard
year 3
$'000
32
33
34
35
36
32
204
50
204
102
33
209
50
209
105
34
214
50
214
107
35
220
50
220
110
36
225
50
225
113
23
32
23
33
23
34
23
35
23
36
36,755
4,601
20,022
4,505
14,550
4,507
4,465
4,576
4,509
4,616
30,042
30,065
30,012
30,336
30,428
4,042
3,135
3,113
3,099
3,094
76,119
58,422
52,892
43,204
43,391
Expenses not requiring appropriation in the Budget year is made up of depreciation expense, amortisation
expense and resources received free of charge.
Finance Budget Statements
Program 2.1 Deliverables
 Provide advice to the Australian Government on operations, financial forecasts
and the performance of GBEs and other commercial entities.
 Review annual Corporate Plans and hold quarterly meeting with larger GBEs
and annual or semi-annual meetings with other GBEs.
 Manage residual issues arising from previous asset sales.
 Redress any unintended or anomalous outcomes arising from the application of
Commonwealth law through the use of discretionary powers pursuant to
sections 33 and 34 of the FMA Act (relating to Acts of Grace and Waivers of
Debt), and process claims for discretionary payments.
 Provide advice to the Australian Government and agencies on matters relating to
the acquisition and disposal of property interests for Commonwealth purposes,
including the Commonwealth Property Disposal Policy and the Lands Acquisition
Act 1989, and the management of the Public Works Committee Act 1969.
 Pay Grants in Aid funding to organisations approved for receipt of such funding
from the Australian Government.
 Advise the Australian Government and agencies on ICT investment management
and project delivery, and the implementation of ICT policies to deliver better
services, engage openly and improve Australian Government operations.
 Manage coordinated ICT procurement contract arrangements.
 Manage the ICT investment and assurance process including ICT Two Pass for
major ICT-enabled budget proposals.
 Coordinate the ICT Entry Levels Program to address ICT skills shortages.
 Manage the delivery of Australian Government information and services
through the Australian Government's online entry point and related online
services.
 Provide secure communication networks for the Australian Government
including Ministers, senior executives and agencies.
Finance Budget Statements
Program 2.1 Key Performance Indicators
Government Business Oversight
 Advice is timely, relevant and of high quality on Corporate Plans and Progress
Reports.
 Briefings on Corporate Plans and Progress Reports to be provided to the Finance
Minister within 4 weeks of receipt.
Special Claims and Land Policy
 50% of Act of Grace/waiver cases are completed within 21 days.
 70% of Act of Grace cases are completed within 35 days.
ICT
 70% of apprentices who commenced in the 2012 cohort remain in the
Australian Government.
 Usage of Australian Government online entry point increases by 10% in 2012-13.
 40% of FMA Act agencies access the internet through a shared internet gateway
provided by a lead agency.
Finance Budget Statements
Program 2.2: Property and Construction
Program Objective
This program contributes to the outcome through the management of the
Australian Government’s non-Defence property portfolio within Australia. The
program aims to deliver a net benefit to the Australian Government Budget over the
long term by:
 optimising the rate of return on the portfolio through the adoption of best
practices in property and investment management, while recognising public
interest considerations and the need to maintain tenant satisfaction and the
condition of the portfolio;
 providing strategic Whole-of-Australian-Government advice and leadership
throughout the economic life-cycle for the Australian Government’s non-Defence
domestic capital works projects;
 undertaking the Australian Government’s non-Defence domestic major capital
works projects that are assigned by the Australian Government for management
by Finance; and
 implementing the Australian Government Property Management Framework, a
cooperative Whole-of-Australian-Government policy initiative to assist agencies
in improving the efficiency and effectiveness of their property management.
Program 2.2: Property and Construction
Special Account Expenses:
Property Special Account
Total program expenses
2011-12
Revised
Budget
$'000
2012-13
Budget
$'000
2013-14
Forw ard
year 1
$'000
2014-15
Forw ard
year 2
$'000
2015-16
Forw ard
year 3
$'000
76,194
76,194
99,824
99,824
122,094
122,094
90,015
90,015
91,252
91,252
Finance Budget Statements
Program 2.2 Deliverables
 Manage properties to meet their intended purposes, and maintain their condition
to industry standards and meet environment, heritage, health and safety
obligations.
 Divest properties that are surplus to the Australian Government’s needs, and
manage residual issues arising from previous property sales.
 Manage the ’two stage‘ Budget review process for major building construction
projects.
 Deliver significant Australian Government building projects and providing
expert advice on their construction. Current projects include the:
o ANZAC Park West;
o Australian Security Intelligence Organisation (ASIO) Central Office Project;
o redevelopment of the Villawood Immigration Detention Centre;
o Cocos (Keeling) Islands Airport Pavement Upgrade Project; and
o construction of a single site for future Post Entry Quarantine Arrangements.
 Provide advice to the Australian Government on Australian Government
property management policy.
Program 2.2 Key Performance Indicators
 Completion of projects approved by the Australian Government to an agreed
timeframe to meet client needs.
 Provide assurance to the Australian Government through the provision of
guidance to Commonwealth agencies (financial, governance, process) subject to
the Australian Government Property Management Framework, including the
’two stage‘ Budget review process for major building construction projects.
 FMA Act agencies are aware of sustainable property management practices being
applied across the Commonwealth resulting in increased efficiencies.
Finance Budget Statements
Program 2.3: Insurance and Risk Management
Program Objective
This program contributes to the outcome through providing general insurance
services and promoting risk management across the Australian Government
through the Comcover special account.
Comcover’s objectives are to deliver a net benefit to the Australian Government
Budget over the longer term by:
 promoting best practice risk management in agencies to improve policy
formulation and delivery of government programs and services;
 providing a comprehensive self-managed general insurance fund to protect
Australian Government agencies against the impact and volatility of insurable
losses; and
 managing legal liability claims against the Australian Government in accordance
with legislative and regulatory requirements.
Program 2.3: Insurance and Risk Management
2011-12
Revised
Budget
$'000
Special Account Expenses:
Comcover Special Account
Total program expenses
95,516
95,516
2012-13 2013-14 2014-15 2015-16
Budget Forw ard Forw ard Forw ard
year 1
year 2
year 3
$'000
$'000
$'000
$'000
128,087
128,087
133,652
133,652
138,989
138,989
143,205
143,205
Finance Budget Statements
Program 2.3 Deliverables
 Provide Fund Member Agencies with a range of training, education and
assessment services that promote and support best practice risk management.
 Provide Fund Member Agencies with comprehensive insurance for all normally
insurable risks and ensure efficient and effective management of all claims.
 Operate the Comcover Fund within the legislative and structural requirements of
a Departmental Special Account, with adequate retained equity within an
approved range to fund all known liabilities in the estimates.
 Management of a memorandum of understanding, excluding payments, with
States and Territories for the provision of standard fire services.
Program 2.3 Key Performance Indicators
 80% Fund Member satisfaction with Comcover’s range of products, services and
information.
 80% of Comcover Fund Member Agencies have achieved their identified level of
risk maturity as measured in the Comcover Benchmarking program.
 80% of Fund Member Agencies participating in one or more of Comcover’s
services.
Finance Budget Statements
Outcome 3: Support for Parliamentarians, others with entitlements and
organisations as approved by Government through the delivery of
entitlements and targeted assistance.
Outcome 3 Strategy
Finance provides Parliamentarians and their staff, former Senators and Members, and
other eligible Office-holders with a range of facilities and services to assist them in
undertaking their duties. These services include:
 access to and payment of legislated entitlements;
 advice and support to Parliamentarians on a range of entitlement issues;
 the provision of electorate office facilities;
 travel and accommodation entitlement support;
 personnel-related services;
 COMCAR and VIP hire car services; and
 management of the Ministerial Wing of Parliament House.
Finance Budget Statements
Outcome Expense Statement
Table 2.1.3 provides an overview of the total expenses for Outcome 3, by program.
Table 2.1.3: Budgeted Expenses for Outcome 3
Outcom e 3: Support for Parliam entarians, others w ith
entitlem ents and organisations as approved by
Governm ent through the delivery of entitlem ents and
targeted assistance.
2011-12
Estimated
Actual
Expenses
$'000
2012-13
Estimated
Expenses
232,934
834
235,892
849
3,797
3,098
153,357
8,752
4,580
3,172
157,071
5,758
41,083
2,240
1,784
40,294
2,197
1,795
447,879
451,608
233,768
160,252
8,752
236,741
164,823
5,758
43,323
1,784
42,491
1,795
Total expenses for Outcom e 3
447,879
451,608
Average Staffing Level (num ber)
2011-12
290
2012-13
283
Program 3.1: Ministerial and Parliam entary Services
Administered expenses
Ordinary annual services (Appropriation Bills No. 1 & 3)
Electorate and Ministerial Support Costs
Political Exchange Program
Special Appropriations
Commonwealth of Australia Constitution Act 1901 (s.66)
Members of Parliament (Life Gold Pass) Act 2002
Parliamentary Entitlements Act 1990
Expenses not requiring appropriation in the Budget year 2
Departmental expenses
Departmental Appropriation 1
Services to Senators, Members and their Staff
Car-w ith-driver and Associated Transport Services
Expenses not requiring appropriation in the Budget year 2
Total for Program 3.1
Outcom e 3 Totals by appropriation type
Administered expenses
Ordinary annual services (Appropriation Bills No. 1 & 3)
Special Appropriations
Expenses not requiring appropriation in the Budget year
Departmental expenses
Departmental Appropriation 1
Expenses not requiring appropriation in the Budget year
2
2
$'000
1
Departmental Appropriation combines ‘ordinary annual services (Appropriation Bill No. 1)’ and ‘revenue from
independent sources (s31)’.
2
Expenses not requiring appropriation in the Budget year is made up of depreciation expense, amortisation
expense and resources received free of charge.
Note: Departmental appropriation splits and totals are indicative estimates and may change in the course of the
budget year as Australian Government priorities change.
Finance Budget Statements
Contributions to Outcome 3
Program 3.1: Ministerial and Parliamentary Services
Program Objective
This program contributes to the outcome through providing the entitlements - and
advice on these entitlements - of Ministers, Senators, Members, Office-holders and
former Parliamentarians and their respective staff (employed under the Members of
Parliament (Staff) Act 1984 [MOP(S)Act]). This program also provides VIP hire carwith-driver and associated transport services for Senators, Members and other
Office-holders. Under this program support services provided by Finance include:
 electorate and ministerial support costs;
 car-with-driver services for Parliamentarians and other eligible beneficiaries;
 elements of COMCAR’s operations that are directly related to the delivery of VIP
hire car-with-driver and associated transport services;
 a transport and luggage service for guests of the Australian Government; and
 the Political Exchange Program.
Finance Budget Statements
Program 3.1: Ministerial and Parliamentary Services
Annual administered expenses:
Electorate and Ministerial Support Costs
Political Exchange Program
Special Appropriations:
Commonwealth of Australia Constitution
Act 1901 (s.66)
Members of Parliament (Life Gold Pass)
Act 2002
Parliamentary Entitlements Act 1990
Expenses not requiring appropriation in
the Budget year 1
Annual departmental expenses:
Services to Senators, Members and
their Staff
Car-w ith-driver and Associated Transport
Services
Expenses not requiring appropriation in
the Budget year 1
Total program expenses
1
2011-12
Revised
Budget
$'000
2012-13
Budget
$'000
2013-14
Forw ard
year 1
$'000
2014-15
Forw ard
year 2
$'000
2015-16
Forw ard
year 3
$'000
232,934
834
235,892
849
240,056
861
241,174
880
242,079
896
3,797
4,580
4,580
4,580
4,580
3,098
153,357
3,172
157,071
3,227
163,149
3,293
161,678
3,353
164,801
8,752
5,758
5,614
5,619
5,619
41,083
40,294
40,308
40,846
41,214
2,240
2,197
2,198
2,223
2,240
1,784
447,879
1,795
451,608
1,823
461,816
1,830
462,123
1,831
466,613
Expenses not requiring appropriation in the Budget year is made up of depreciation expense, amortisation
expense and resources received free of charge.
Finance Budget Statements
Program 3.1 Deliverables
 Provide advice on Parliamentary entitlements to Senators, Members and their
employees.
 Provide COMCAR and VIP hire car-with-driver and associated transport
services.
 Pay costs in respect of entitlements for Senators, Members and their employees.
 Provide regular reports regarding the entitlements of Senators, Members and
their employees.
 Contract service providers to deliver effective and efficient access to entitlements.
 Provide an enhanced audit and checking function in relation to Parliamentary
entitlements.
 Manage the MOP(S) Act employee framework.
 Provide and maintain electorate offices and Commonwealth Parliament Offices.
Program 3.1 Key Performance Indicators
 95% of payments to third party providers are made within agreed timeframes.
 95% of personnel/pay variations received prior to cut-off are processed in the
next pay.
 90% of travelling allowance claims are paid within 7 working days.
 90% of client enquiries are responded to within one working day.
 95% of office establishment and relocation projects are delivered within
approved budgets.
 98% satisfaction rating of all COMCAR reservations.
Finance Budget Statements
Section 3: Explanatory Tables and Budgeted Financial
Statements
Section 3 presents explanatory tables and budgeted financial statements which provide
a comprehensive snapshot of agency finances for the 2012-13 budget year. It explains
how budget plans are incorporated into the financial statements and provides further
details of the reconciliation between appropriations and program expenses,
movements in administered funds, special accounts and government indigenous
expenditure.
3.1
EXPLANATORY TABLES
3.1.1 Movement of Administered Funds Between Years
Table 3.1.1 is not included as there is no movement of administered funds between
years.
Finance Budget Statements
3.1.2 Special Accounts
Special Accounts provide a means to set aside and record amounts used for specified
purposes. Special Accounts can be created by a Finance Minister’s Determination
under the FMA Act or under separate enabling legislation. Table 3.1.2 shows the
expected additions (receipts) and reductions (payments) for each account used by the
Department of Finance and Deregulation.
Table 3.1.2: Estimates of Special Account Flows and Balances
Building Australia Fund
- s21 FMA Act (A)
Education Investment Fund
- s21 FMA Act (A)
1
1
Other Trust Monies 2
- s20 FMA Act (A)
Business Services Special
Account - s20 FMA Act (D)
Comcover Special Account
- s20 FMA Act (D)
3
Property Special Account
- s20 FMA Act (D)
Coordinated Procurement
Contracting Special Account
- s20 FMA Act (D)
Total Special Accounts
2012-13 Budget estim ate
Total Special Accounts
2011-12 estimate actual
(A) = Administered
(D) = Departmental
Receipts
2012-13
2011-12
$'000
1,637,650
3,425,414
Payments Adjustments
2012-13
2012-13
2011-12
2011-12
$'000
$'000
(1,637,650)
(3,425,446)
-
1
26
871,913
1,051,909
(871,913)
(1,051,935)
-
-
1
25
869,310
1,399,072
(869,310)
(1,399,097)
-
-
N/A
258
258
-
-
-
258
258
2
928
928
-
-
-
928
928
2
266,470
240,186
128,980
121,946
(128,128)
(95,662)
-
267,322
266,470
2
190,779
243,583
215,496
284,840
(261,547)
(337,644)
-
144,728
190,779
2
27,984
32,936
75,364
85,249
(76,098)
(90,201)
-
27,250
27,984
486,419
3,798,713
(3,844,646)
-
440,486
517,974
6,368,430
(6,399,985)
-
486,419
Outcome
1
1
Health and Hospitals Fund
- s21 FMA Act (A)
Opening
balance
2012-13
2011-12
$'000
32
1
The Nation Building Funds Special Accounts form part of the Nation Building Funds. Their balances are
estimated at zero. More information on the Nation Building Funds is set out in the tables on the following pages.
2
Represents monies held in trust for other persons and is therefore not included in Finance’s price of
outputs. Budget and forward estimates are not included as future transactions cannot be anticipated.
3
Interest Equivalency Payment for Comcover decreases from $15.0m (2011-12) to $13.1m (2012-13).
The Lands Acquisition Account (Lands Acquisition Act 1989) [Special Public Money] has not been included in
the table above as it is not currently active.
Closing
balance
2012-13
2011-12
$'000
-
Finance Budget Statements
Table 3.1.2.1: Estimates of Fund Balances
Outcome
Building Australia Fund
1
Estimated
Budget
Forward
Forward
Forward
actual
estimate
estimate
estimate
estimate
2011-12
$'000
2012-13
$'000
2013-14
$'000
2014-15
$'000
2015-16
$'000
8,192,825
5,462,430
4,320,844
3,566,458
3,166,572
378,832
261,086
199,131
168,453
148,599
1
Opening Balance
Revenues and gains:
Investment Earnings and Gains
Expenses:
Management fees
(8,426)
(5,882)
(4,517)
(3,839)
(3,385)
(2,236,700)
(1,229,400)
(949,000)
(564,500)
(752,100)
(864,101)
(167,390)
Transfers to Portfolio Special
Accounts for project payments:
BAF Infrastructure Portfolio
Special Account
BAF Communications
Portfolio Special Account 3
2
-
-
-
Closing Balance
5,462,430
4,320,844
3,566,458
3,166,572
2,559,686
1 The Building Australia Fund (BAF) consists of the BAF Special Account and investments of the BAF. The
investments are managed by the Future Fund Board of Guardians. The special account is used to record all
transactions relating to the BAF, including interest received and payments.
2
The transfers relate to projects approved as at the time of Budget. Amounts to be paid to the States and
Territories may be transferred, through the relevant BAF Portfolio Special Account, to the COAG Reform Fund
Special Account. Amounts also include payments classified as equity transfers in the budgeted financial
statements.
3
Transfers to the BAF Communications Portfolio Special Account relate to eligible National Broadband
Network matters.
Finance Budget Statements
Table 3.1.2.2: Estimates of Fund Balances
Outcome
Education Investment Fund
1
Opening Balance
Estimated
Budget
Forward
Forward
Forward
actual
estimate
estimate
estimate
estimate
2011-12
$'000
2012-13
$'000
2013-14
$'000
2014-15
$'000
2015-16
$'000
4,899,380
4,288,570
3,804,127
3,682,307
3,623,151
241,612
203,931
187,208
184,205
184,002
1
Revenues and Gains:
Investment Earnings and Gains
Expenses:
Management fees
Transfers to Portfolio Special
(5,902)
(5,044)
(4,656)
(4,592)
(4,582)
(429,423)
(231,674)
(161,615)
(155,736)
(220,000)
(417,097)
(451,657)
(142,757)
(83,034)
Accounts for project payments: 2
EIF Education Portfolio
Special Account
EIF Research Portfolio
Special Account
-
Closing Balance
4,288,570
3,804,127
3,682,307
3,623,151
3,582,571
1 The Education Investment Fund (EIF) consists of the EIF Special Account and investments of the EIF. The
investments are managed by the Future Fund Board of Guardians. The special account is used to record all
transactions relating to the EIF, including interest received and payments.
2
The transfers relate to projects approved as at the time of Budget. Amounts to be paid to the States and
Territories may be transferred, through the EIF Education Portfolio Special Account, to the COAG
Reform Fund Special Account.
Finance Budget Statements
Table 3.1.2.3: Estimates of Fund Balances
Outcome
Health and Hospitals Fund
1
Estimated
actual
Budget
estimate
Forward
estimate
Forward
estimate
Forward
estimate
2011-12
2012-13
2013-14
2014-15
2015-16
$'000
$'000
$'000
$'000
$'000
4,345,659
3,329,294
2,763,199
2,308,606
1,940,148
207,424
159,587
131,717
109,931
89,359
1
Opening Balance
Revenues and Gains:
Investment Earnings and Gains
Expenses:
Management fees
(4,905)
(3,930)
(3,245)
(2,711)
(2,191)
(1,218,884)
(721,752)
(583,064)
(475,678)
(542,954)
Transfers to Portfolio Special
Accounts for project payments:
HHF Health Portfolio
Special Account
2
Closing Balance
3,329,294
2,763,199
2,308,606
1,940,148
1,484,362
1 The Health and Hospitals Fund (HHF) consists of the HHF Special Account and investments of the HHF. The
investments are managed by the Future Fund Board of Guardians. The special account is used to record all
transactions relating to the HHF, including interest received and payments.
2
The transfers relate to projects approved as at the time of Budget. Amounts to be paid to the States and
Territories may be transferred, through the HHF Health Portfolio Special Account, to the COAG Reform Fund
Special Account.
Finance Budget Statements
3.1.3 Australian Government Indigenous Expenditure
Table 3.1.3 is not included as Finance’s budget does not contain any specific Australian
Government Indigenous Expenditure.
Finance Budget Statements
3.2
BUDGETED FINANCIAL STATEMENTS
3.2.1 Differences in Agency Resourcing and Financial Statements
No material differences exist between agency resourcing and the financial statements.
3.2.2 Analysis of Budgeted Financial Statements
Budgeted Departmental Income Statement
2011-12
Finance is forecasting expenses of $513.6 million in 2011-12, a decrease of $14.3 million
from expenditure forecast in the 2011-12 Additional Estimates. This change is
primarily due to better than expected claims experiences across the Comcover
portfolio, partially offset by increased expenses in the Property and Coordinated
Procurement Contracting Special Accounts.
Finance is forecasting total own source income of $321.5 million, an increase of
$17.3 million from own source income forecast in the 2011-12 Additional Estimates.
This is due to revisions to income earned by departmental special account operations.
2012-13
Finance is budgeting for a surplus of $39.7 million, a change of $23.1 million from the
surplus of $62.8 million forecast in the 2011-12 Additional Estimates. This is due
primarily to the deferral of elements of the Property divestment program to later years.
Budgeted Departmental Balance Sheet
The budgeted net asset position as at 30 June 2013 of $2,126.7 million represents an
increase of $177.4 million from that forecast in the 2011-12 Additional Estimates. This
is primarily due to the impact of increased capital expenditure flowing from the
Government’s Moorebank Intermodal Terminal measure.
Finance Budget Statements
Schedule of Administered Activity
Schedule of Budgeted Income and Expenses Administered on Behalf of
the Government
2011-12
Estimated administered income for 2011-12 has increased to $2,319.8 million from the
$2,269.4 million reported in the 2011-12 Additional Estimates. This is primarily due to
increased superannuation revenues.
Estimated administered expenses for 2011-12 have increased to $11,586.1 million from
the $11,126.9 million reported in the 2011-12 Additional Estimates. This is due to
rephasing of Nation Building Fund projects.
2012-13
Finance is budgeting for administered income of $2,609.2 million in 2012-13, an
increase from the $2,091.9 million budgeted for in the 2011-12 Additional Estimates.
This is mainly due to increased interest estimates resulting from changes to the
earnings assumptions used for the Nation Building Funds and increased
superannuation revenues.
Finance is budgeting for administered expenses of $9,433.7 million in 2012-13, an
increase from the $9,332.7 budgeted for in the 2011-12 Additional Estimates. This is
mainly due to increased superannuation expenses.
Schedule of Budgeted Assets and Liabilities Administered on Behalf of
the Government
Administered assets are budgeted to total $15,593.8 million by 30 June 2013, up from
$15,108.5 million estimated in the 2011-12 Additional Estimates. This is mainly due to
an upward revision of Nation Building investment estimates attributable to increased
interest earnings and decreased project payments to Portfolio Special Accounts.
Administered liabilities are estimated to total $94,329.3 million by 30 June 2013, up
from $90,020.3 million estimated in the 2011-12 Additional Estimates primarily due to
an actuarial revaluation of the superannuation liabilities.
Finance Budget Statements
3.2.3 Budgeted Financial Statements Tables
Table 3.2.1 Comprehensive Departmental Income Statement
(Showing Net Cost of Services) (for the period ended 30 June)
Estimated
actual
2011-12
$'000
Budget
estimate
2012-13
$'000
Forw ard
estimate
2013-14
$'000
Forw ard
estimate
2014-15
$'000
Forw ard
estimate
2015-16
$'000
184,841
240,493
16,924
1,918
54,273
15,104
513,553
184,195
227,697
20,808
4,347
82,809
16,500
536,356
179,897
213,137
23,699
86,651
16,500
519,884
179,668
195,951
24,380
90,532
16,500
507,031
181,733
204,942
24,740
559
94,589
16,500
523,063
LESS:
OWN-SOURCE INCOME
Ow n-source revenue
Sale of goods and rendering of services
Interest
Rental income
Insurance Premiums
Other
Total ow n-source revenue
106,483
5,964
95,137
101,496
9,095
318,175
88,107
91,412
115,888
9,095
304,502
93,730
92,903
121,174
7,896
315,703
93,853
94,113
126,603
7,995
322,564
94,079
96,688
130,756
7,995
329,518
Gains
Gains on valuation of investment property
Net gains from disposal 2
Other 3
Total gains
Total ow n-source incom e
1,973
1,376
3,349
321,524
6,805
1,376
8,181
312,683
20,358
5,819
1,376
27,553
343,256
20,213
3,136
1,376
24,725
347,289
6,075
1,376
7,451
336,969
Net cost of (contribution by)
services
192,029
223,673
176,628
159,742
186,094
Revenue from Government
233,106
41,077
275,333
*
51,660
258,712
*
82,084
238,414
*
78,672
247,019
*
60,925
9,833
12,000
12,000
12,000
12,000
Surplus (Deficit) attributable to
the Australian Governm ent
31,244
39,660
70,084
66,672
48,925
Total com prehensive incom e (loss)
attributable to the Australian
Governm ent
31,244
39,660
70,084
66,672
48,925
EXPENSES
Employee benefits
Suppliers
Depreciation and amortisation
Net losses from asset sales 2
Insurance claims
Other expenses
Total expenses
1
Surplus (Deficit) before incom e tax
Income tax expense
Finance Budget Statements
Table 3.2.1 Comprehensive Departmental Income Statement
(Showing Net Cost of Services) (for the period ended 30 June) (continued)
Note: Impact of Net Cash Appropriation Arrangements
Total Com prehensive Incom e
(loss) less depreciation/am ortisation
expenses previously funded through
revenue appropriations.
plus depreciation/amortisation expenses
previously funded through revenue
appropriations 1
Total Com prehensive Incom e
(loss) - as per the Statem ent of
Com prehensive Incom e
2011-12
$'000
2012-13
$'000
43,067
55,229
(11,823)
(15,569)
31,244
39,660
2013-14
$'000
2014-15
$'000
2015-16
$'000
88,221
85,142
67,397
(18,137)
(18,470)
(18,472)
70,084
66,672
48,925
Prepared on Australian Accounting Standards basis.
1
Depreciation and amortisation expenses highlighted under “Expenses” represent total depreciation and
amortisation expenses for Finance. The “non-appropriated” depreciation and amortisation figure at the bottom
of this table is net of depreciation expenses associated with Finance’s property portfolio and wholly
contained within the Property Special Account.
2
Represents the net gain/loss from the Australian Government’s non-Defence property divestment
program within Australia.
3
Other gains represent resources received free of charge for financial statement audit services from the
Australian National Audit Office (ANAO).
Finance Budget Statements
Table 3.2.2: Budgeted Departmental Balance Sheet (as at 30 June)
Estimated
actual
2011-12
$'000
Budget
estimate
2012-13
$'000
Forw ard
estimate
2013-14
$'000
Forw ard
estimate
2014-15
$'000
Forw ard
estimate
2015-16
$'000
ASSETS
Financial assets
Cash and cash equivalents 1
Trade and other receivables 2
Other financial assets
Total financial assets
5,000
714,007
8,774
727,781
5,000
682,483
8,774
696,257
5,000
830,115
8,774
843,889
5,000
869,637
8,774
883,411
5,000
869,175
8,774
882,949
Non-financial assets
Land and buildings 3
Property, plant and equipment
Investment property 3
Intangibles
Other non-financial assets 4
Total non-financial assets
Total assets
436,184
13,989
692,568
55,692
442,301
1,640,734
2,368,515
474,532
20,435
1,049,009
115,781
283,474
1,943,231
2,639,488
477,749
31,143
1,087,984
111,196
615,517
2,323,589
3,167,478
500,817
40,783
1,105,281
105,685
876,563
2,629,129
3,512,540
494,250
50,367
1,111,356
99,417
187,064
1,942,454
2,825,403
22,615
38,092
82,883
143,590
29,163
42,673
83,650
155,486
35,711
58,376
84,417
178,504
42,259
35,052
85,184
162,495
42,259
34,273
85,184
161,716
16
16
16
16
16
16
16
16
16
16
49,795
298,616
6,419
354,830
498,436
52,227
298,616
6,419
357,262
512,764
54,659
298,616
6,419
359,694
538,214
57,091
298,616
6,419
362,126
524,637
57,091
298,616
6,419
362,126
523,858
1,870,079
2,126,724
2,629,264
2,987,903
2,301,545
LIABILITIES
Payables
Suppliers
Return of Equity
Other payables
Total payables
Interest bearing liabilities
Leases
Total interest bearing liabilities
Provisions
Employee provisions
Outstanding Insurance Claims
Other
Total provisions
Total liabilities
Net assets
Finance Budget Statements
Table 3.2.2: Budgeted Departmental Balance Sheet (as at 30 June) (continued)
Estimated
actual
2011-12
$'000
EQUITY 5
Parent entity interest
Contributed equity
1,452,138
Reserves
191,733
Retained surplus
(accumulated deficit)
226,208
Total equity
1,870,079
Prepared on Australian Accounting Standards basis.
Budget
estimate
2012-13
$'000
Forw ard
estimate
2013-14
$'000
Forw ard
estimate
2014-15
$'000
Forw ard
estimate
2015-16
$'000
1,603,634
236,238
1,990,022
265,727
2,231,709
295,216
1,496,426
295,216
286,852
2,126,724
373,515
2,629,264
460,978
2,987,903
509,903
2,301,545
1
The departmental cash balance is maintained at $5m. Cash in excess of this balance is returned to the
Official Public Account, recorded as a receivable and drawn down as required.
2
Primarily represents appropriation receivable (including capital appropriation) and the Special Accounts.
3
Primarily represents properties in the Australian Government’s non-Defence property portfolio.
4
Primarily represents Work-In-Progress (WIP) for capital projects such as property construction and
software development. Upon completion, assets will be transferred from WIP and capitalised. The large
variability is due primarily to the Commonwealth New Building Project, the Villawood Immigration Detention
Centre, the AQIS Post Entry Quarantine Facilities and the Moorebank Intermodal Terminal Defence Relocation.
5
‘Equity’ is the residual interest in assets after deduction of liabilities.
Finance Budget Statements
Table 3.2.3: Budgeted Departmental Statement of Changes in Equity — Summary
of Movement (Budget Year 2012-13)
Retained
Asset Contributed
earnings revaluation
equity/
reserve
capital
$'000
$'000
$'000
Opening balance as at 1 July 2012
Balance carried forw ard from
previous period
Adjustments
Adjusted opening balance
Com prehensive incom e
Net asset revaluations
Total
equity
$'000
226,208
36,307
262,515
191,733
191,733
1,452,138
1,452,138
1,870,079
36,307
1,906,386
-
44,505
-
44,505
Surplus (deficit) for the period
39,660
-
-
39,660
Total com prehensive incom e
39,660
44,505
-
84,165
Transactions w ith ow ners
Distributions to ow ners
Returns of capital:
Distribution of equity
Contributions by ow ners
Equity Injection - Appropriation 1
Departmental Capital Budget (DCBs)
Assets transferred in/out 2
Subtotal transactions w ith ow ners
Closing balance attributable to the
Australian Governm ent
(15,323)
-
(41,513)
(56,836)
(15,323)
-
190,464
8,290
(5,745)
151,496
190,464
8,290
(5,745)
136,173
286,852
236,238
Prepared on Australian Accounting Standards basis.
1
Equity injections for construction and IT projects.
2
Represents transfers of assets to other Australian Government agencies.
1,603,634
2,126,724
Finance Budget Statements
Table 3.2.4: Budgeted Departmental Statement of Cash Flows
(for the period ended 30 June)
OPERATING ACTIVITIES
Cash received
Appropriations
Receipts from Government
Sale of goods and rendering of services
Insurance Premiums
Rent Received
Other
Total cash received
Cash used
Employees
Suppliers
Insurance claims
Cash transfer to Official Public Account
Other
Total cash used
Net cash from (used by)
operating activities
INVESTING ACTIVITIES
Cash received
Proceeds from sales of assets
Total cash received
Cash used
Purchase of assets
Total cash used
Net cash from (used by)
investing activities
Estimated
actual
2011-12
$'000
Budget
estimate
2012-13
$'000
Forw ard
estimate
2013-14
$'000
Forw ard
estimate
2014-15
$'000
Forw ard
estimate
2015-16
$'000
225,462
288,820
106,211
101,496
95,137
15,059
832,185
282,977
261,653
87,835
115,888
91,412
9,095
848,860
258,712
405,541
93,458
121,174
92,903
7,896
979,684
238,414
283,349
93,581
126,603
94,113
7,995
844,055
246,747
66,425
94,079
130,756
96,688
7,995
642,690
187,159
243,877
54,273
201,462
24,937
711,708
186,627
234,245
82,809
187,430
28,500
719,611
182,329
219,685
86,651
450,907
28,500
968,072
182,100
202,499
90,532
265,439
28,500
769,070
181,733
204,942
94,589
64,876
28,500
574,640
120,477
129,249
11,612
74,985
68,050
467
467
580
580
36,162
36,162
10,000
10,000
-
288,820
288,820
261,653
261,653
405,541
405,541
283,349
283,349
66,425
66,425
(288,353)
(261,073)
(369,379)
(273,349)
(66,425)
Finance Budget Statements
Table 3.2.4: Budgeted Departmental Statement of Cash Flows
(for the period ended 30 June) (continued)
FINANCING ACTIVITIES
Cash received
Contributed equity
Total cash received
Cash used
Capital repayments
Total cash used
Net cash from (used by)
financing activities
Net increase (decrease)
in cash held
Cash at the beginning of the reporting
period
Cash at the end of the reporting
period
Prepared on Australian Accounting Standards basis.
Estimated
actual
2011-12
$'000
Budget
estimate
2012-13
$'000
Forw ard
estimate
2013-14
$'000
Forw ard
estimate
2014-15
$'000
Forw ard
estimate
2015-16
$'000
224,631
224,631
198,754
198,754
400,440
400,440
256,740
256,740
33,427
33,427
53,386
53,386
66,930
66,930
42,673
42,673
58,376
58,376
35,052
35,052
171,245
131,824
357,767
198,364
3,369
-
-
-
-
1,631
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
(1,625)
Finance Budget Statements
Table 3.2.5: Budgeted Departmental Capital Budget Statement
(for the period ended 30 June)
Estimated
actual
2011-12
$'000
Budget
estimate
2012-13
$'000
Forw ard
estimate
2013-14
$'000
Forw ard
estimate
2014-15
$'000
Forw ard
estimate
2015-16
$'000
NEW CAPITAL APPROPRIATIONS
Departmental Capital Budget - Bill 1
Equity Injections - Bill 2
Total new capital appropriations
16,631
208,000
224,631
8,290
190,464
198,754
10,974
389,466
400,440
11,268
245,472
256,740
11,369
22,058
33,427
Provided for:
Purchase of non-financial assets
Total Item s
224,631
224,631
198,754
198,754
400,440
400,440
256,740
256,740
33,427
33,427
16,631
261,513
8,290
246,576
10,974
383,997
11,268
262,631
11,369
45,682
10,676
288,820
6,787
261,653
10,570
405,541
9,450
283,349
9,375
66,426
96,947
420,480
73,498
22,301
755,924
(69,736)
261,609
(405,402)
246,575
(51,954)
383,997
(1,585)
262,633
(735,181)
45,683
288,820
261,653
405,541
283,349
PURCHASE OF NON-FINANCIAL ASSETS
Funded by Departmental Capital Budget - Bill 1
Funded by Equity Injections - Bill 2
Funded internally from
departmental resources 1
TOTAL
RECONCILIATION OF CASH USED TO ACQUIRE
ASSETS TO ASSET MOVEMENT TABLE
Total asset acquisitions
less acquisitions through capitalisation of
Work in Progress
plus additional Work in Progress
Total cash used to
acquire assets
1 Includes the following sources of funding:
- Annual and prior year appropriations
- funds held in Special Accounts
- s31 relevant agency receipts
66,426
Finance Budget Statements
Table 3.2.6: Budgeted Departmental Statement of Asset Movements
(Budget Year 2012-2013)
Asset Category
As at 1 July 2012
Gross book value
Accumulated depreciation/amortisation
and impairment
Opening net book balance
CAP ITAL ASSET ADDITIONS
Estimated expenditure on
new or replacement assets
By purchase/construction
1
- appropriation equity
By purchase/construction - appropriation
2
ordinary annual services
By purchase/construction - internally
funded
Total additions
Other movements
Assets transferred in/(out)
Depreciation/amortisation expense
Disposals
Other
Total other movements
Land
Buildings
$'000
$'000
Other
infrastructure,
plant and
equipment
$'000
219,094
225,216
18,353
(8,126)
217,090
(4,364)
13,989
219,094
Investment
Computer
property software and
intangibles
Total
$'000
$'000
$'000
692,568
124,897
1,280,128
(53,667)
71,230
(66,157)
1,213,971
692,568
-
7,742
-
346,467
51,193
405,402
-
-
1,483
-
6,808
8,291
-
7,742
6,787
8,270
346,467
58,001
6,787
420,480
-
(5,745)
(5,534)
(2,620)
44,505
30,606
(1,824)
(1,824)
269,098
26,623
(13,660)
255,438
(6,188)
20,435
As at 30 June 2013
Gross book value
219,094
Accumulated depreciation/amortisation
and impairment
Closing net book balance
219,094
Prepared on Australian Accounting Standards basis.
9,974
9,974
1,049,009
1,049,009
1
Proceeds may be returned to the OPA.
2
This figure reflects gains from revaluation and disposals (excluding sale and other costs).
(13,450)
(13,450)
182,898
(67,117)
115,781
(5,745)
(20,808)
(2,620)
54,479
25,306
1,746,722
(86,965)
1,659,757
Finance Budget Statements
Table 3.2.7: Schedule of Budgeted Income and Expenses Administered on
Behalf of Government (for the period ended 30 June)
EXPENSES ADMINISTERED ON
BEHALF OF GOVERNMENT
Employee benefits
Suppliers
Superannuation 1
Transfers to Portolio
Special Accounts 2
Grants
Depreciation and amortisation
Write-dow n and impairment
of assets
Other expenses
Total expenses adm inistered
on behalf of Governm ent
LESS:
OWN-SOURCE INCOME
Non-taxation revenue
Goods and services
Interest and Dividends 3
Superannuation Contributions 4
Other revenue
Total non-taxation revenue
Total ow n-source revenues
adm inistered on behalf of
Governm ent
Gains
Sale of assets
Other gains
Total gains adm inistered
on behalf of Governm ent
Total ow n-source incom e
adm inistered on behalf of
Governm ent
Estimated
actual
2011-12
$'000
Budget
estimate
2012-13
$'000
Forw ard
estimate
2013-14
$'000
Forw ard
estimate
2014-15
$'000
Forw ard
estimate
2015-16
$'000
217,300
205,087
6,455,557
219,550
199,950
6,851,697
222,877
204,350
6,962,935
223,751
201,936
7,093,237
223,346
205,461
7,231,067
4,693,491
681
12,923
2,147,601
696
12,986
1,833,187
712
12,986
1,278,947
728
12,986
1,515,055
744
12,986
43
1,032
43
1,132
43
1,132
43
1,132
43
1,132
11,586,114
9,433,655
9,238,222
8,812,760
9,189,834
4,688
823,816
1,342,655
7,893
2,179,052
4,688
1,043,917
1,485,950
8,338
2,542,893
4,688
696,489
1,437,115
8,584
2,146,876
4,688
643,639
1,389,581
8,584
2,046,492
4,688
567,851
1,341,931
8,584
1,923,054
2,179,052
2,542,893
2,146,876
2,046,492
1,923,054
136,923
3,814
62,460
3,886
51,805
3,886
46,259
3,886
42,197
3,886
140,737
66,346
55,691
50,145
46,083
2,319,789
2,609,239
2,202,567
2,096,637
1,969,137
6,824,416
(6,824,416)
7,035,655
(7,035,655)
6,716,123
(6,716,123)
7,220,697
(7,220,697)
Net Cost of (contribution by)
services
9,266,325
Surplus (Deficit)
(9,266,325)
Prepared on Australian Accounting Standards basis.
1
Represents expenses on the Australian Government’s unfunded civilian superannuation liabilities, which are
based on the Long Term Cost Report.
2
Transfers to portfolio special accounts represents estimates of expenses to be transferred from the Nation
Building Funds to other agencies' special accounts for projects. This summary includes expenses, but
not equity payments.
3
Estimates of interest include interest earnings for the three Nation Building Funds. For more detail on the
interest estimates for each fund refer to Tables 3.1.2.1, 3.1.2.2 and 3.1.2.3. Dividend revenue represents
revenue from CAC Act entities which are treated as administered assets of the department.
4
Principally CSS and PSS employer superannuation contributions.
Finance Budget Statements
Table 3.2.8: Schedule of Budgeted Assets and Liabilities Administered on Behalf
of Government (as at 30 June)
ASSETS
Financial assets
Receivables
Taxation receivables
Investments 1
Other financial assets
Total financial assets
Non-financial assets
Land and buildings
Property, plant and equipment
Intangibles
Other non-financial assets
Total non-financial assets
Total assets adm inistered
on behalf of Governm ent
LIABILITIES
Payables
Suppliers
Other payables
Total payables
Provisions
Employees 2
Superannuation 3
Other provisions
Total payables
Interest bearing liabilities
Leases
Total interest
bearing liabilities
Total liabilities adm inistered
on behalf of Governm ent
Estimated
actual
2011-12
$'000
Budget
estimate
2012-13
$'000
Forw ard
estimate
2013-14
$'000
Forw ard
estimate
2014-15
$'000
Forw ard
estimate
2015-16
$'000
181,743
1,376
17,489,853
58,311
17,731,283
176,645
1,376
15,278,590
58,311
15,514,922
171,397
1,376
13,924,339
58,311
14,155,423
165,850
1,376
13,056,140
58,311
13,281,677
159,997
1,376
11,951,637
58,311
12,171,321
23,997
54,256
132
2,791
81,176
23,765
52,149
132
2,791
78,837
26,586
51,834
132
2,791
81,343
27,375
50,331
132
2,791
80,629
29,389
47,651
132
2,791
79,963
17,812,459
15,593,759
14,236,766
13,362,306
12,251,284
8,892
4,016
12,908
8,892
4,011
12,903
8,892
4,011
12,903
8,892
4,011
12,903
8,892
4,011
12,903
171,651
91,177,065
15,806
91,364,522
171,650
94,128,708
14,745
94,315,103
171,650
97,053,681
13,574
97,238,905
171,650
99,946,286
12,292
100,130,228
171,650
102,795,916
10,886
102,978,452
1,339
1,339
1,339
1,339
1,339
1,339
1,339
1,339
1,339
1,339
91,378,769
94,329,345
97,253,147
100,144,470
102,992,694
(86,782,164)
(90,741,410)
Net assets/(liabilities)
(73,566,310) (78,735,586) (83,016,381)
Prepared on Australian Accounting Standards basis.
1
Represents investments in the three Nation Building Funds. Also represented are investments in
CAC Act entities that are 100% owned by the Commonwealth and assets of former superannuation
schemes administered by the Australian Government.
2
Represents Life Gold Pass Holders liabilities and employee provisions for staff employed under the
MoP(S) Act.
3
Represents the unfunded liabilities for the Australian Government’s civilian superannuation schemes. The
superannuation liabilities estimates are based on the Long Term Cost Report.
Finance Budget Statements
Table 3.2.9: Schedule of Budgeted Administered Cash Flows
(for the period ended 30 June)
OPERATING ACTIVITIES
Cash received
Rendering of Services
Interest and Dividends 1
Superannuation Contributions
Other 3
Total cash received
2
Cash used
Employees 4
Transfers to Portfolio
Special Accounts 5
Grant Payments
Superannuation 6
Suppliers
Total cash used
Net cash from (used by)
operating activities
INVESTING ACTIVITIES
Cash received
Proceeds from sales of
investments
Repayments of loans
Total cash received
Cash used
Purchase of land and buildings
Purchase of property, plant
and equipment
Purchase of Investments
Transfers to Portfolio Special
Accounts 5
Total cash used
Net cash from (used by)
investing activities
Estimated
actual
2011-12
$'000
Budget
estimate
2012-13
$'000
Forw ard
estimate
2013-14
$'000
Forw ard
estimate
2014-15
$'000
Forw ard
estimate
2015-16
$'000
4,689
818,318
1,347,042
1,401,616
3,571,665
4,689
1,360,714
1,485,950
1,497,930
4,349,283
4,687
717,296
1,437,115
1,596,327
3,755,425
4,688
676,757
1,389,581
1,719,060
3,790,086
4,645
589,204
1,341,931
1,843,799
3,779,579
216,252
218,499
221,825
222,696
223,346
4,693,491
681
5,123,375
202,822
10,236,621
2,147,601
696
5,331,086
201,526
7,899,408
1,833,187
712
5,557,265
202,043
7,815,032
1,278,947
728
5,803,031
199,644
7,505,046
1,515,055
744
6,069,305
202,775
8,011,225
(6,664,956)
(3,550,125)
(4,059,607)
(3,714,960)
(4,231,646)
5,185,449
14,927
5,200,376
2,816,729
14,736
2,831,465
1,848,855
14,195
1,863,050
1,290,098
11,728
1,301,826
1,525,212
12,550
1,537,762
6,092
6,160
9,208
7,166
-
4,812
690,959
4,487
567,143
6,284
466,254
5,107
416,330
12,320
379,763
472,715
1,174,578
654,273
1,232,063
3,250
484,996
428,603
392,083
4,025,798
1,599,402
1,378,054
873,223
1,145,679
Finance Budget Statements
Table 3.2.9: Schedule of Budgeted Administered Cash Flows
(for the period ended 30 June) (continued)
FINANCING ACTIVITIES
Cash received
Cash from the Official Public
Account
Other
Total cash received
Net cash from (used by)
financing activities
Estimated
actual
2011-12
$'000
Budget
estimate
2012-13
$'000
Forw ard
estimate
2013-14
$'000
Forw ard
estimate
2014-15
$'000
Forw ard
estimate
2015-16
$'000
1,392,780
4,180
1,396,960
1,488,832
9,060
1,497,892
1,587,196
8,785
1,595,981
1,709,981
5,696
1,715,677
1,835,833
12,320
1,848,153
1,396,960
1,497,892
1,595,981
1,715,677
1,848,153
(1,085,572)
(1,126,058)
(1,237,813)
Net increase (decrease) in
cash held
(1,242,198)
Cash and cash equivalents at
beginning of reporting period
1,524
Cash from Official Public Account for:
- Appropriations
4,140,277
Cash to Official Public Account for:
- Appropriations
(2,899,603)
Cash and cash equivalents at end
of reporting period
Prepared on Australian Accounting Standards basis.
(452,831)
-
-
-
-
4,297,256
4,432,902
4,563,171
4,727,914
(3,844,425)
(3,347,330)
(3,437,113)
(3,490,101)
-
-
-
1
Estimates of interest include interest earnings for the three Nation Building Funds. For more detail on the
interest estimates for each fund refer to Tables 3.1.2.1, 3.1.2.2 and 3.1.2.3.
2
Primarily represents the CSS and PSS employer contributions.
3
Primarily represents offsets from the CSS/PSS funds and return of overpaid benefits.
4
Represents expenditure associated with staff employed under the MoP(S) Act.
5
Transfers to portfolio special accounts represents estimates of cash payments from the Nation Building Funds
to other agencies’ special accounts for projects.
6
Expenditure associated with unfunded liabilities for the Australian Government’s civilian superannuation
schemes.
-
Finance Budget Statements
Table 3.2.10: Budgeted Schedule of Administered Capital Budget
NEW CAPITAL APPROPRIATIONS
Administered Capital Budget - Bill 1
Administered Assets and
Liabilities - Bill 2 2
Special capital appropriations 3
Total new capital appropriations
Provided for:
Purchase of non-financial assets
Other Items
Total Item s
1
Estimated
actual
2011-12
$'000
Budget
estimate
2012-13
$'000
Forw ard
estimate
2013-14
$'000
Forw ard
estimate
2014-15
$'000
Forw ard
estimate
2015-16
$'000
3,317
3,197
7,922
4,833
4,881
1,807
1,392,780
1,397,904
6,822
1,488,832
1,498,851
1,920
1,587,196
1,597,038
2,026
1,709,981
1,716,840
2,140
1,835,833
1,842,854
4,180
1,393,724
1,397,904
4,060
1,494,791
1,498,851
8,785
1,588,253
1,597,038
5,696
1,711,144
1,716,840
5,744
1,837,110
1,842,854
PURCHASE OF NON-FINANCIAL
ASSETS
Funded by capital appropriations
863
863
863
863
863
Funded by capital appropriations - ACB
3,317
3,197
7,922
4,833
4,881
Funded by special appropriations
6,724
6,587
6,707
6,576
6,576
TOTAL AMOUNT SPENT
10,904
10,647
15,492
12,272
12,320
1 The Administered Capital Budget is used to fund the replacement of assets purchased through
Administered Bill 1 appropriations.
2 Administered Assets and Liabilities includes a capital injection for Acts of Grace liabilities and an
injection for capital works on ICON, which is offset though agency contributions that are returned to the Budget.
3 Represents appropriation to pay unfunded component of the superannuation benefits under the PSS and CSS.
Finance Budget Statements
Table 3.2.11: Budgeted Administered Schedule of Asset Movements
(Budget Year 2012-2013)
Buildings
$'000
As at 1 July 2012
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 - Administered
Assets and Liabilities - Bill 2
By purchase - Administered
Capital Budget - Bill 1
By purchase - special appropriations
Total additions
Other m ovem ents
Depreciation/amortisation expense
Total other m ovem ents
As at 30 June 2013
Gross book value
Accumulated depreciation/amortisation
and impairment
Closing net book balance
Prepared on Australian Accounting Standards basis.
Asset Category
Other Intangibles
infrastructure,
plant and
equipment
$'000
$'000
Total
$'000
47,869
64,483
1,157
113,509
(23,872)
23,997
(10,227)
54,256
(1,025)
132
(35,124)
78,385
-
863
-
863
889
5,276
6,165
2,308
1,311
4,482
-
3,197
6,587
10,647
(6,397)
(6,397)
(6,589)
(6,589)
-
(12,986)
(12,986)
54,034
68,965
1,157
124,156
(30,269)
23,765
(16,816)
52,149
(1,025)
132
(48,110)
76,046