5. Funding
This section identifies the funding structure of ACIAR.
5.1 Appropriations
5.1A Annual appropriations
Annual appropriation1 | Section 74 adjustments to appropriation | Total appropriation | Appropriation applied in 2020 (current and prior years) | Variance2 | |
|---|---|---|---|---|---|
$'000 | $'000 | $'000 | $'000 | $'000 | |
DEPARTMENTAL | |||||
Ordinary annual services | 9,312 | 2,230 | 11,542 | 11,313 | 229 |
Capital budget3 | 243 | - | 243 | 243 | - |
Total departmental | 9,555 | 2,230 | 11,785 | 11,556 | 229 |
ADMINISTERED | |||||
Ordinary annual services | |||||
Administered items | 92,151 | - | 92,151 | 91,625 | 526 |
Total administered | 92,151 | - | 92,151 | 91,625 | 526 |
1In 2019–20, there were no appropriations quarantined.
2In 2019–20, Departmental variance relates to the movement in appropriation receivable between the current and prior financial year, and Administered variance is not considered material.
3Departmental and Administered capital budgets are appropriated through Appropriation Acts (No.1,3). They form part of ordinary annual services, and are not separately identified in the Appropriation Acts.
Annual appropriation1 | Section 74 adjustments to appropriation | Total appropriation | Appropriation applied in 2019 (current and prior years) | Variance2 | |
|---|---|---|---|---|---|
$'000 | $'000 | $'000 | $'000 | $'000 | |
DEPARTMENTAL | |||||
Ordinary annual services | 9,302 | 2,650 | 11,952 | 12,266 | (314) |
Capital budget3 | 245 | - | 245 | 252 | (7) |
Total departmental | 9,547 | 2,650 | 12,197 | 12,518 | (321) |
ADMINISTERED | |||||
Ordinary annual services | |||||
Administered items | 97,965 | - | 97,965 | 97,612 | 353 |
Total administered | 97,965 | - | 97,965 | 97,612 | 353 |
1In 2018–19, there was an unspent 2015-16 equity injection ($131K) which expired on 1 July 2018.
2In 2018–19, the variances reflect:
- Ordinary annual services- ACIAR use of available appropriation for the upgrade of aged IT hardware.
- Capital budget - the overspend is offset by a corresponding underspend in 2017-18 financial years.
3Departmental and Administered capital budgets are appropriated through Appropriation Acts (No.1,3). They form part of ordinary annual services, and are not separately identified in the Appropriation Acts.
5.1B Unspent annual appropriations
Authority | 2020 | 2019 |
|---|---|---|
$’000 | $’000 | |
DEPARTMENTAL | ||
Appropriation Act (No 1) 2018–19 | - | 3,231 |
Appropriation Act (No 1) 2019–20 | 3,460 | - |
Cash on hand or on deposit | 12 | 12 |
Total | 3,472 | 3,243 |
ADMINISTERED | ||
Appropriation Act (No 1) 2017–18 | 416 | 416 |
Appropriation Act (No 1) 2018–19 | 141 | 2,360 |
Appropriation Act (No 1) 2019–20 | 2,745 | - |
Cash on hand or on deposit | 10 | 10 |
Total | 3,312 | 2,786 |
5.2 Special accounts
ACIAR Special Account1 | ||
|---|---|---|
2020 | 2019 | |
$’000 | $’000 | |
Balance brought forward from previous period | 8,851 | 13,171 |
Increases | ||
Other receipts | 11,460 | 13,257 |
Total increases | 11,460 | 13,257 |
Available for payments | 20,311 | 26,428 |
Decreases | ||
Administered | ||
Payments made to suppliers | (12,802) | (17,577) |
Total administered | (12,802) | (17,577) |
Total decreases | (12,802) | (17,577) |
Total balance carried to the next period | 7,509 | 8,851 |
Balance represented by: | ||
Cash held in the Official Public Account | 7,509 | 8,851 |
Total balance carried to the next period | 7,509 | 8,851 |
1Appropriation: Public Governance, Performance and Accountability Act 2013 section 80
Establishing Instrument: Australian Centre for International Agricultural Research Act 1982 section 33
Purpose: For crediting amounts received from time to time to cover the discharge of costs.
5.3 Net cash appropriation arrangements
2020 | 2019 | |
|---|---|---|
$’000 | $’000 | |
Total comprehensive loss as per statement of comprehensive income | (274) | (373) |
Plus: depreciation/amortisation expenses previously funded through revenue appropriation | 610 | 482 |
Plus: depreciation right-of-use assets | 800 | - |
Less: principal repayments - leased assets | (684) | - |
Total comprehensive income less expenses previously funded through revenue appropriations | 452 | 109 |
Change in asset revaluation reserve | (133) | 49 |
Surplus attributable to the Australian Government less expenses previously funded through revenue appropriation | 319 | 158 |
From 2010-11, the Government introduced net cash appropriation arrangements, where revenue appropriations for depreciation/amortisation expenses ceased. Entities now receive a separate capital budget provided through equity appropriations. Capital budgets are to be appropriated in the period when cash payment for capital expenditure is required.
The inclusion of depreciation/amortisation expenses related to ROU leased assets and the lease liability principle repayment amount reflects the cash impact on implementation of AASB 16 Leases, it does not directly reflect a change in appropriation arrangements.
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https://www.transparency.gov.au/annual-reports/australian-centre-international-agricultural-research/reporting-year/2019-20-26