AUSTRALIAN INSTITUTE OF MARINE SCIENCE
Section 1: Agency overview and resources ............................................................. 53
1.1 Strategic direction .................................................................................................. 53
1.2 Agency resource statement ................................................................................... 53
1.3 Agency measures table.......................................................................................... 54
1.4 Additional estimates and variations ....................................................................... 54
1.5 Breakdown of additional estimates by appropriation bill ........................................ 55
Section 2: Revisions to agency outcomes and planned performance .................. 56
2.1 Outcomes and performance information ................................................................ 56
Section 3: Explanatory tables and budgeted financial statements ....................... 56
3.1 Explanatory tables .................................................................................................. 56
3.2 Budgeted financial statements ............................................................................... 57
51
52
AUSTRALIAN INSTITUTE OF MARINE SCIENCE
Section 1: Agency overview and resources
1.1
STRATEGIC DIRECTION
There is no change to the principal objectives and strategic directions of the Australian
Institute of Marine Science (AIMS) from the 2009-10 Portfolio Budget Statements.
In respect to appropriation variations, AIMS appropriation for 2009-10 has increased since the
2009-10 Budget by $2.464 million. This increase relates to the appropriation depreciation
funding being increased due to the revaluation of assets in March 2009.
Other variations since the 2009-10 Budget shown in the budgeted financial statements reflect
an increase in revenue earned from interest and goods and services and variation in costs.
1.2
AGENCY RESOURCE STATEMENT
The Agency Resource Statement details the resourcing for AIMS at Additional Estimates.
Table 1.1 outlines the total resourcing available from all sources for the 2009-10 Budget year,
including variations in independent funding through Appropriation Bills No. 3 and No. 4,
special appropriations and special accounts.
53
Table 1.1: Australian Institute of Marine Science Resource Statement – Additional
estimates for 2009-10 as at Additional Estimates November 2009
Estim ate
as at
Budget
2009-10
$'000
2009-10
$'000
Total
estim ate
Additional
Estim ates
2009-10
$'000
14,873
1,878
16,751
12,823
Outcome 1 : Growth of knowledge
to support protection and
sustainable development of
Australia's marine resources
through innovative marine science
and technology.
Total ordinary annual services
27,949
27,949
2,464
2,464
30,413
30,413
27,626
27,626
Total annual appropriations
27,949
2,464
30,413
27,626
FUNDS FROM OTHER SOURCES
Interest
Sale of goods and services
Other
Total
750
18,438
250
19,438
428
326
(100)
654
1,178
18,764
150
20,092
1,766
17,769
328
19,863
Total net resourcing for AIMS
62,260
4,996
67,256
60,312
Opening balance/Reserves at bank¹
+
Proposed
Additional
Estim ates
=
Total
resources
2008-09
$'000
REVENUE FROM GOVERNMENT
Ordinary annual services²
Notes
1. The opening balance/reserves at bank have been revised from $14.873m estimated at Budget to $16.751m
actual, as reflected in the 2008-09 Annual Report.
2. Appropriation Bill (No. 3) 2009-10
All figures are GST exclusive.
AIMS is not directly appropriated as it is a CAC Act body. Appropriations are made to FMA agency Innovation,
Industry Science and Research which are then paid to AIMS and are considered 'departmental' for all purposes.
1.3
AGENCY MEASURES TABLE
Table 1.2 is not presented as there have been no new government measures for AIMS since
the 2009-10 Budget.
1.4
ADDITIONAL ESTIMATES AND VARIATIONS
The following tables detail the changes to the resourcing for AIMS at Additional Estimates,
by outcome. Table 1.3 is not presented as there have been no Additional Estimates and
variations resulting from new measures since the 2009-10 Budget in Appropriation Bills No. 3
and No. 4. Table 1.4 details Additional Estimates or variations through other factors, such as
parameter adjustments.
54
Table 1.4: Additional estimates and variations to outcomes from other variations
Program
impacted
2009-10
($'000)
2010-11
($'000)
2011-12
($'000)
2012-13
($'000)
Outcom e 1
Increase in estim ates (departm ental)
Annual Appropriations
Depreciation suplementation funding
1.1
2,464
Total
Decrease in estim ates (departm ental)
Annual Appropriations
Incremental parameter adjustments
Total
Net im pact on estim ates
for Outcom e 1 (departm ental)
1.5
-
2,464
1.1
2,464
-
-
( 82)
(82)
( 147)
(147)
( 175)
(175)
( 82)
( 147)
( 175)
BREAKDOWN OF ADDITIONAL ESTIMATES BY APPROPRIATION BILL
The following tables detail the Additional Estimates sought for the Australian Institute of
Marine Science through Appropriation Bills No. 3 and No. 4.
Table 1.5: Appropriation Bill (No. 3) 2009-10
2008-09
Available
($'000)
2009-10
Budget
($'000)
2009-10
Revised
($'000)
Additional
Estimates
($'000)
Reduced
Estimates
($'000)
DEPARTMENTAL PROGRAMS
Outcom e 1
Grow th of know ledge to
support protection and sustainable
development of Australia's marine
resources through innovative marine
science and technology.
27,626
Total
27,626
27,949
27,949
30,413
30,413
2,464
2,464
-
55
Section 2: Revisions to agency resources and planned
performance
2.1
RESOURCES AND PERFORMANCE INFORMATION
OUTCOME 1
Outcome 1 Strategy
There have been no changes to the components and results to be achieved by the Output
group 1.1 since the 2009-10 Budget.
Outcom e 1:
Grow th of know ledge to support protection and sustainable
development of Australia's marine resources through innovative
marine science and technology.
2008-09
Actual
expenses
$'000
2009-10
Revised
estimated
expenses
$'000
Program 1.1: Marine Research
Revenue from government
Ordinary annual services (Appropriation Bill No. 1 & 3)
Revenues from other independent sources
Expenses not requiring Appropriation in budget year
Total for Program 1.1
27,626
22,068
49,694
30,413
20,092
1,986
52,491
Outcom e 1 Totals by resource type
Revenue from government
Ordinary Annual Services (Appropriation Bill No. 1 & 3)
Revenues from other independent sources
Expenses not requiring Appropriation in budget year
Total expenses for Outcom e 1
27,626
22,067
49,693
30,413
20,092
1,986
52,491
2008-09
192
Average Staffing Level (num ber)
2009-10
199
Section 3: Explanatory tables and budgeted financial
statements
3.1
EXPLANATORY TABLES
3.1.1 Estimates of special account flows
AIMS has no special accounts.
56
3.2
BUDGETED FINANCIAL STATEMENTS
3.2.1
Analysis of budgeted financial statements
AIMS is budgeting for an operating loss of $1.986 million for 2009-10 Additional Estimates,
which is in line with the 2009-10 Budget.
Agency Income Statement
Changes impacting on the income statement since the 2009-10 Budget are summarised as
follows:

Employee expenses estimate has increased to cover salary increases under the new
enterprise agreement.

The supplier expenses estimate has been increased to reflect increase in sales of goods
and services and adjustments for new expenditure.

The depreciation expense estimate has been increased to reflect current forecasts,
rescheduling in timing of asset purchases and project completion.

Sales of Goods and Services are estimated to increase by $1.237 million due to new
research agreements.

Interest earned estimate has increased due to anticipated rise in interest rates and
increase in investment levels.

Increased appropriation funding of $2.464 million resulting from revaluation of assets
as at March 2009.
57
3.2.2
Budgeted financial statements
Agency financial statements
Table 3.2.1: Budgeted agency Comprehensive Income Statement (Showing Net Cost of
Services)
Actual
2008-09
$'000
Revised
budget
2009-10
$'000
Forw ard
estimate
2010-11
$'000
Forw ard
estimate
2011-12
$'000
Forw ard
estimate
2012-13
$'000
EXPENSES
Employee benefits
Supplier
Depreciation and amortisation
Write-dow n and impairment of assets
Losses from asset sales
Other
Total expenses
18,966
18,674
5,992
2,593
660
160
47,045
20,144
24,326
8,021
52,491
16,353
21,150
5,557
43,060
18,711
22,024
5,557
46,292
19,369
21,335
5,557
46,261
LESS:
OWN-SOURCE INCOME
Revenue
Sale of goods and rendering of services
Interest
Other revenue
Total revenue
20,430
1,469
148
22,047
18,764
1,178
150
20,092
12,965
1,567
150
14,682
16,167
1,281
150
17,598
16,076
1,003
150
17,229
Gains
Sale of assets
Total gains
Total ow n-source incom e
21
21
22,068
20,092
14,682
17,598
17,229
(24,977)
27,626
(32,399)
30,413
(28,378)
28,378
(28,694)
28,694
(29,032)
29,032
Net cost of (contribution by)
services
Revenue from government
Surplus (Deficit) attributable to the
Australian Governm ent
2,649
Note
Prepared on Australian Accounting Standards basis.
58
(1,986)
-
-
-
Table 3.2.2: Budgeted agency balance sheet (as at 30 June)
Actual
2008-09
$'000
Revised
budget
2009-10
$'000
Forw ard
estimate
2010-11
$'000
Forw ard
estimate
2011-12
$'000
Forw ard
estimate
2012-13
$'000
144
9,485
16,607
26,236
250
8,181
28,131
36,562
270
5,717
26,732
32,719
270
7,086
16,700
24,056
270
7,045
16,106
23,421
51,824
37,740
251
206
489
90,510
54,889
39,817
243
1,210
288
96,447
81,879
39,466
212
1,848
254
123,659
103,966
39,666
222
1,619
264
145,737
105,427
39,106
215
1,409
257
146,414
ASSETS
Financial assets
Cash and equivalents
Trade and other receivables
Investments
Total financial assets
Non-financial assets
Land and buildings
Infrastructure, plant and equipment
Inventories
Intangibles
Other
Total non-financial assets
Assets held for sale
Total assets
116,746
133,009
156,378
169,793
169,835
LIABILITIES
Non-Interest bearing liabilities
Loans
Total non- interest bearing liabilities
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
Provisions
Employees
Total provisions
6,191
6,191
6,426
6,426
6,534
6,534
6,709
6,709
6,809
6,809
1,441
1,602
3,043
10,734
1,869
1,188
3,057
10,983
1,635
683
2,318
10,352
1,707
851
2,558
10,767
1,654
846
2,500
10,809
Net assets
EQUITY
Parent entity interest
Contributed equity
Reserves
Retained surpluses or
accumulated deficits
Total parent entity interest
106,012
122,026
146,026
159,026
159,026
31,607
51,378
49,607
51,378
73,607
51,378
86,607
51,378
86,607
51,378
23,027
106,012
21,041
122,026
21,041
146,026
21,041
159,026
21,041
159,026
Total equity
106,012
122,026
146,026
159,026
159,026
26,954
89,792
8,809
1,925
36,849
96,160
5,629
5,354
32,973
123,405
4,932
5,420
24,320
145,473
5,242
5,525
23,678
146,157
5,224
5,585
Payables
Suppliers
Grants
Total payables
Total liabilities
Current assets
Non-current assets
Current liabilities
Non-current liabilities
Note
Prepared on Australian Accounting Standards basis.
59
Table 3.2.3: Budgeted agency statement of cash flows (as at 30 June)
Actual
OPERATING ACTIVITIES
Cash received
Goods and services
Appropriations
Interest
Other
Total cash received
Cash used
Employees
Suppliers
Other
Total cash used
Net cash from
operating activities
2008-09
$'000
Revised
budget
2009-10
$'000
Forw ard
estimate
2010-11
$'000
Forw ard
estimate
2011-12
$'000
Forw ard
estimate
2012-13
$'000
17,689
27,626
1,766
150
47,231
19,982
30,413
1,178
148
51,721
15,129
28,378
1,567
151
45,225
14,972
28,694
1,281
150
45,097
16,110
29,032
1,003
151
46,296
18,461
19,754
107
38,322
19,909
24,013
43,922
16,246
21,525
37,771
18,536
21,977
40,513
19,270
21,373
40,643
8,909
7,799
7,454
4,584
5,653
348
348
565
565
457
457
566
566
631
631
6,289
6,289
14,735
14,735
33,290
33,290
28,182
28,182
6,878
6,878
(5,941)
(14,170)
(32,833)
(27,616)
(6,247)
960
960
18,000
18,000
24,000
24,000
13,000
13,000
-
960
18,000
24,000
13,000
-
3,928
11,629
(1,379)
(10,032)
(594)
12,823
16,751
28,380
27,001
16,969
16,751
28,380
27,001
16,969
16,375
INVESTING ACTIVITIES
Cash received
Proceeds from sales of property,
plant and equipment
Total cash received
Cash used
Purchase of property, plant
and equipment
Total cash used
Net cash used by
investing activities
FINANCING ACTIVITIES
Cash received
Appropriations - contributed equity
Other
Total cash received
Net cash from
financing activities
Net increase or (decrease)
in cash held
Cash at the beginning of
the reporting period
Cash at the end of the
reporting period
Note
Prepared on Australian Accounting Standards basis.
60
Table 3.2.4: Statement of changes in equity — summary of movement (Budget year
2009-10)
Retained
Asset
earnings revaluation
reserve
$'000
$'000
Opening balance as at 1 July 2009
Balance carried forw ard from
previous period
Adjusted opening balance
Deficit for the period
Total expenses recognised
directly in equity
Total
equity
$'000
23,027
23,027
51,378
51,378
-
31,607
31,607
106,012
106,012
(1,986)
-
-
-
(1,986)
(1,986)
-
-
-
(1,986)
-
-
-
18,000
18,000
18,000
18,000
21,041
51,378
-
49,607
122,026
Forw ard
estimate
2012-13
$'000
Transactions w ith ow ners
Contribution by owners
Appropriation (equity injection)
Sub-total transactions with owners
Estim ated closing balance
as at 30 June 2010
Other Contributed
reserves
equity/
capital
$'000
$'000
Note
Prepared on Australian Accounting Standards basis.
Table 3.2.5: Capital Budget Statement
Actual
2008-09
$'000
Revised
budget
2009-10
$'000
Forw ard
estimate
2010-11
$'000
Forw ard
estimate
2011-12
$'000
CAPITAL APPROPRIATIONS
Total equity injections
Total capital appropriations
-
18,000
18,000
24,000
24,000
13,000
13,000
-
Represented by:
Purchase of non-financial assets
Total represented by
-
18,000
18,000
24,000
24,000
13,000
13,000
-
-
18,000
24,000
13,000
-
6,289
6,289
14,735
32,735
33,290
57,290
28,182
41,182
6,878
6,878
ACQUISITION OF NON-FINANCIAL
ASSETS
Funded by capital appropriations
Funded internally from
departmental resources 1
TOTAL
Notes
1. Includes the following sources of funding:
- annual and prior year appropriations
- donations and contributions
- gifts
- finance leases
- internally developed assets
- s31 relevant agency receipts
- proceeds from the sale of assets
Prepared on Australian Accounting Standards basis.
61
Table 3.2.6: Statement of Asset Movements (2009-10)
Buildings
Other
infrastructure,
plant and
equipment
$'000
$'000
As at 1 July 2009
Gross book value
Accumulated depreciation/amortisation
Opening net book balance
CAPITAL ASSET ADDITIONS
Estim ated expenditure on
new or replacem ent assets
By purchase or internally developed
Acquisition of entities or operations
(including restructuring) sub-total
Other m ovem ents
Depreciation/amortisation expense
Disposals 1
As at 30 June 2010
Gross book value
Accumulated depreciation/amortisation
Closing net book balance
Notes
1.
Intangibles
Total
$'000
$'000
52,490
667
51,823
39,050
1,311
37,739
256
51
205
91,796
2,029
89,767
5,028
8,567
1,140
14,735
5,028
8,567
1,140
14,735
1,962
-
5,924
565
135
-
8,021
565
0
57,518
2,629
54,889
47,052
7,235
39,817
1,396
186
1,210
105,966
10,050
95,916
Proceeds may be returned to the Official Public Account.
Prepared on Australian Accounting Standards basis.
62