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Note 1: Budgetary Reports and Variances

The following tables provide a comparison of the revised budget as presented in the 2020–21 Portfolio Budget Statements (PBS) to the 2020–21 final outcome as presented in accordance with the Australian Accounting Standards for the department. The budget is not audited. Explanations of major variances are provided below.

1.1A Departmental budgetary reports

Attorney-General's Department Statement of Comprehensive Income for the period ended 30 June 2021

Original 1

Budget

Actual

Variance

2021

2021

2021

$'000

$'000

$'000

NET COST OF SERVICES

EXPENSES

Employee benefits

226,481

245,019

18,538

Suppliers

98,324

71,556

(26,768)

Grants

610

610

Finance costs

4,904

5,096

192

Write-down and impairment of assets and other expenses

5,124

5,091

(33)

Depreciation and amortisation

21,134

20,227

(907)

Depreciation on right-of-use assets

31,030

28,548

(2,482)

Total expenses

386,997

376,147

(10,850)

OWN SOURCE INCOME

Own-source revenue

Revenue from contracts with customers

139,741

154,925

15,184

Other revenue

495

495

Total own-source revenue

139,741

155,420

15,679

Gains

Other gains

495

554

59

Total gains

495

554

59

Total own-source income

140,236

155,974

15,738

Net cost of services

246,761

220,173

(26,588)

Revenue from government - departmental appropriations

223,613

227,524

3,911

Surplus/(Deficit) before income tax on continuing operations

(23,148)

7,351

30,499

OTHER COMPREHENSIVE INCOME

Items not subject to subsequent reclassification to net cost of services

Changes in asset revaluation reserve

(1,970)

(1,970)

Total other comprehensive income/(loss)

(1,970)

(1,970)

Total comprehensive income/(loss) attributable to the Australian Government

(23,148)

5,381

28,529

1. The department's original budgeted financial statements that were first presented to Parliament in respect of the reporting period (i.e. from the department's 2020–21 PBS).

Attorney-General's Department Statement of Financial Position as at 30 June 2021

Original 1

Budget

Actual

Variance

2021

2021

2021

$'000

$'000

$'000

ASSETS

Financial assets

Cash and cash equivalents

25,303

10,463

(14,840)

Trade and other receivables

149,954

208,457

58,503

Total financial assets

175,257

218,920

43,663

Non-financial assets

Land and buildings

341,241

309,811

(31,430)

Heritage and cultural

3,774

2,840

(934)

Plant and equipment

35,171

21,278

(13,893)

Intangibles - computer software

29,036

26,515

(2,521)

Other non-financial assets

7,847

6,004

(1,843)

Total non-financial assets

417,069

366,448

(50,621)

Total assets

592,326

585,368

(6,958)

LIABILITIES

Payables

Suppliers

15,567

14,819

(748)

Other payables

33,718

21,468

(12,250)

Total payables

49,285

36,287

(12,998)

Interest bearing liabilities

Leases

338,334

295,812

(42,522)

Total interest bearing liabilities

338,334

295,812

(42,522)

Provisions

Employee provisions

79,559

94,908

15,349

Makegood provisions

720

720

Other provisions

649

(649)

Total provisions

80,208

95,628

15,420

Total liabilities

467,827

427,727

(40,100)

Net assets

124,499

157,641

33,142

1. The department's original budgeted financial statements that were first presented to Parliament in respect of the reporting period (i.e. from the department's 2020–21 PBS).

Attorney-General's Department Statement of Changes in Equity for the period ended 30 June 2021

Original 1

Budget

Actual

Variance

2021

2021

2021

$'000

$'000

$'000

CONTRIBUTED EQUITY

Opening balance

Balance carried forward from previous period

239,103

239,103

Transactions with owners

Contributions by owners

Departmental Capital Budget

14,819

14,819

Equity injection - Appropriations

2,851

2,851

Other

(11,824)

11,824

Total transactions with owners

5,846

17,670

11,824

Transfers between equity

(7,988)

7,988

Closing balance as at 30 June

236,961

256,773

19,812

RETAINED EARNINGS

Opening balance

Balance carried forward from previous period

(131,283)

(131,283)

Adjustment for prior period

181

181

Elimination adjustment

4,600

(4,600)

Adjusted opening balance

(126,683)

(131,102)

(4,419)

Comprehensive Income

Surplus/(Deficit) after income tax on continuing operations

(23,148)

7,351

30,499

Total comprehensive income/(loss)

(23,148)

7,351

30,499

Transactions with owners

Contributions by owners

Other

2,792

(2,792)

Total transactions with owners

2,792

(2,792)

Transfers between equity

7,988

(7,988)

Closing balance as at 30 June

(139,051)

(123,751)

15,300

ASSET REVALUATION RESERVE

Opening balance

Balance carried forward from previous period

26,589

26,589

Adjusted opening balance

26,589

26,589

Comprehensive Income

Other comprehensive income/(loss)

(1,970)

(1,970)

Total comprehensive income/(loss)

(1,970)

(1,970)

Closing balance as at 30 June

26,589

24,619

(1,970)

TOTAL EQUITY

Opening balance

Balance carried forward from previous period

134,409

134,409

Adjustment for prior period

181

181

Elimination adjustment

4,600

(4,600)

Adjusted opening balance

139,009

134,590

(4,419)

Comprehensive Income

Surplus/(Deficit) after income tax on continuing operations

(23,148)

7,351

30,499

Other comprehensive income

(1,970)

(1,970)

Total comprehensive income/(loss)

(23,148)

5,381

28,529

Transactions with owners

Contributions by owners

Departmental Capital Budget

14,819

14,819

Equity injection - Appropriations

2,851

2,851

Restructuring

(9,032)

9,032

Total transactions with owners

8,638

17,670

9,032

Closing balance as at 30 June

124,499

157,641

33,142

1. The department's original budgeted financial statements that were first presented to Parliament in respect of the reporting period (i.e. from the department's 2020–21 PBS).

Attorney-General's Department Cash Flow Statement for the period ended 30 June 2021

Original 1

Budget

Actual

Variance

2021

2021

2021

$'000

$'000

$'000

OPERATING ACTIVITIES

Cash received

Revenue from contracts with customers

159,776

157,207

(2,569)

Appropriations

247,292

391,878

144,586

GST received

8,726

8,726

Total cash received

407,068

557,811

150,743

Cash used

Employees

226,868

241,239

14,371

Suppliers

142,890

92,094

(50,796)

Grants

5,124

610

(4,514)

Interest payments on lease liabilities

4,904

5,098

194

Section 74 receipts transferred to Official Public Account

196,573

196,573

Total cash used

379,786

535,614

155,828

Net cash from operating activities

27,282

22,197

(5,085)

INVESTING ACTIVITIES

Cash used

Purchase of land and buildings

1,901

5,098

3,197

Purchase of plant and equipment

7,100

4,586

(2,514)

Purchase of intangibles - computer software

19,244

13,980

(5,264)

Total cash used

28,245

23,664

(4,581)

Net cash used by investing activities

(28,245)

(23,664)

4,581

FINANCING ACTIVITIES

Cash received

Contributed equity

27,630

17,670

(9,960)

Other

4,600

(4,600)

Total cash received

32,230

17,670

(14,560)

Cash used

Principal payments of lease liabilities

22,235

22,011

(224)

Total cash used

22,235

22,011

(224)

Net cash from/(used by) financing activities

9,995

(4,341)

(14,336)

Net increase/(decrease) in cash held

9,032

(5,808)

(14,840)

Cash and cash equivalents at the beginning of the reporting period

16,271

16,271

Cash and cash equivalents at the end of the reporting period

25,303

10,463

(14,840)

1. The department's original budgeted financial statements that were first presented to Parliament in respect of the reporting period (i.e. from the department's 2020–21 PBS).

Explanations of major variances are provided below.

Affected line items

Variance

Amount

$‘000

Explanation of major variance

Statement of Comprehensive Income

Total expenses

(10,850)

The variance in total expenses is primarily due to a movement between supplier expenses and employee benefits due to an increase in staffing levels during the financial year and lower demand for demand driven supplier expense activities funded from annual appropriations.

Total own-source revenue

15,679

The variance is due to increased demand for legal services provided by the Australian Government Solicitor.

Statement of Financial Position

Financial assets

43,663

The variance is primarily in appropriation receivables which reflects the actual surplus operating result.

Non-financial assets

(50,621)

The variance includes the transfer of a lease to another agency that occurred during the financial year and the downward revaluation of fixed assets undertaken as at 30 June 2021.

Payables

(12,998)

The variance is primarily due to the classification of certain superannuation provisions: in the Budget they were classified as other payables but in the financial statements they are classified as employee provisions.

Interest bearing liabilities

(42,522)

The variance includes the transfer of a lease to another agency. No significant new leases were entered into during the financial year.

Provisions

15,420

The variance is primarily due to the impact of the actuarial review of employee provisions undertaken for the prior financial year after the

2020-21 Budget was prepared, the classification of certain superannuation provisions as employee provisions in the financial statements instead of other payables in the Budget and the increase in staffing levels during the financial year.

1.1B: Administered budgetary reports

Attorney-General's Department Administered Schedule of Comprehensive Income for the period ended 30 June 2021

Original 1 Budget

Actual

Variance

2021

2021

2021

$'000

$'000

$'000

NET COST OF SERVICES

EXPENSES

Employee benefits

18,407

21,687

3,280

Suppliers

209,668

120,457

(89,211)

Subsidies

159,297

143,107

(16,190)

Personal benefits

474,072

106,388

(367,684)

Grants

290,554

289,294

(1,260)

Finance costs

191

198

7

Write-down and impairment of assets and other expenses

107

6

(101)

Payments to corporate Commonwealth entities

22,385

22,385

Depreciation and amortisation

5,416

6,135

719

Depreciation on right-of-use assets

3,413

3,833

420

Total expenses

1,183,510

713,490

(470,020)

INCOME

Revenue

Taxation revenue

Levies

155,800

139,610

(16,190)

Total taxation revenue

155,800

139,610

(16,190)

Non-taxation revenue

Revenue from contracts with customers

2,817

538

(2,279)

Interest

2

2

Recoveries - personal benefit recoveries

42,412

47,234

4,822

Other non-taxation revenue

4,259

162

(4,097)

Total non-taxation revenue

49,488

47,936

(1,552)

Total own-source revenue administered on behalf of Government

205,288

187,546

(17,742)

Net cost of services

978,222

525,944

(452,278)

Deficit on continuing operations

(978,222)

(525,944)

452,278

OTHER COMPREHENSIVE INCOME

Items not subject to subsequent reclassification to net cost of services

Changes in asset revaluation reserve

(42)

(42)

Actuarial gains on defined benefit plans - former Solicitor-Generals' pensions

257

257

Items subject to subsequent reclassification to net cost of services

Gains on financial assets through other comprehensive income

199,617

199,617

Gains on financial liabilities through other comprehensive income

56,007

44,342

(11,665)

Total other comprehensive income/(loss)

56,007

244,174

188,167

Total comprehensive loss attributable to the Australian Government

(922,215)

(281,770)

640,445

1. The department's original budgeted financial statements that were first presented to Parliament in respect of the reporting period (i.e. the department's 2020–21 PBS).

Attorney-General's Department Administered Schedule of Assets and Liabilities as at 30 June 2021

Original 1

Budget

Actual

Variance

2021

2021

2021

$'000

$'000

$'000

ASSETS

Financial assets

Cash and cash equivalents

21,421

1,643

(19,778)

Trade and other receivables

20,893

17,674

(3,219)

Equity accounted investments

569,641

769,258

199,617

Total financial assets

611,955

788,575

176,620

Non-financial assets

Land and buildings

15,652

13,717

(1,935)

Plant and equipment

847

624

(223)

Intangibles - computer software

239

158

(81)

Other non-financial assets

9,962

7,970

(1,992)

Total non-financial assets

26,700

22,469

(4,231)

Total assets administered on behalf of Government

638,655

811,044

172,389

LIABILITIES

Payables

Suppliers

8,948

12,554

3,606

Personal benefits

157

760

603

Grants

305

305

Subsidies

13,086

10,869

(2,217)

Other payables

2,038,020

2,049,685

11,665

Total payables

2,060,211

2,074,173

13,962

Interest bearing liabilities

Leases

10,652

9,765

(887)

Total interest bearing liabilities

10,652

9,765

(887)

Provisions

Superannuation provision - former Solicitor-Generals' pensions

4,802

4,344

(458)

Total provisions

4,802

4,344

(458)

Total liabilities administered on behalf of Government

2,075,665

2,088,282

12,617

Net liabilities

(1,437,010)

(1,277,238)

159,772

1. The department's original budgeted financial statements that were first presented to Parliament in respect of the reporting period (i.e. the department's 2020–21 PBS).

Explanations of major variances are provided below.

Affected line items

Variance

Amount

$‘000

Explanation of major variance

Administered Schedule of Comprehensive Income

Total expenses

(470,020)

The variance is primarily due to lower than anticipated personal benefits payments under the Fair Entitlements Guarantee scheme due to the introduction of COVID-19 assistance measures by the Australian Government and lower supplier expenditure for the Royal Commission into Violence, Abuse, Neglect and Exploitation of People with Disability due to changes in arrangements for holding hearings during the financial year.

Total own-source revenue administered on behalf of Government

(17,742)

The variance is due to lower than anticipated levies collected by the Coal Mining Industry (Long Service Leave Funding) Corporation.

Total other comprehensive income

188,167

The variance is due to increases in equity accounted investments, primarily the Coal Mining Industry (Long Service Leave Funding) Corporation.

Administered Schedule of Assets and Liabilities

Financial assets

176,620

The variance is due to increases in equity accounted investments, primarily the Coal Mining Industry (Long Service Leave Funding) Corporation.