Financial Statements
- Statement of Comprehensive Income
- Statement of Financial Position
- Statement of Changes in Equity
- Cash Flow Statement
Statement of Comprehensive Income
for the period ended 30 June 2019
|
Budget |
||||
|
2019 |
2019 |
2018 |
||
|
Notes |
$’000 |
$’000 |
$’000 |
|
|
NET COST OF SERVICES |
||||
|
Expenses |
||||
|
Employee benefits |
95,362 |
99,465 |
91,198 |
|
|
Suppliers |
117,013 |
104,957 |
104,677 |
|
|
Depreciation and amortisation |
14,440 |
19,582 |
15,702 |
|
|
Finance costs—unwinding of discount |
34 |
– |
29 |
|
|
Write-down and impairment of property, plant and equipment |
2,315 |
– |
13,303 |
|
|
Secondees and services provided by state, territory and other Commonwealth agencies |
6,098 |
4,770 |
4,127 |
|
|
Total expenses |
235,262 |
228,774 |
229,036 |
|
|
Own-source income |
||||
|
Own-source revenue |
||||
|
Rendering of services |
130,310 |
118,229 |
121,967 |
|
|
Other revenue |
2,677 |
1,670 |
2,298 |
|
|
Total own-source revenue |
132,987 |
119,899 |
124,265 |
|
|
Net cost of services |
(102,275) |
(108,875) |
(104,771) |
|
|
Revenue from Government—Departmental Appropriations |
99,970 |
103,592 |
88,446 |
|
|
(Deficit) attributable to the Australian Government |
(2,305) |
(5,283) |
(16,325) |
|
|
OTHER COMPREHENSIVE INCOME |
||||
|
Items not subject to subsequent reclassification to net cost of services |
||||
|
Changes in asset revaluation reserves— leasehold improvements and property, plant and equipment |
– |
– |
4,899 |
|
|
Changes in asset revaluation reserves— provision for restoration obligations |
(117) |
– |
(86) |
|
|
Total other comprehensive income |
(117) |
– |
4,813 |
|
|
Total comprehensive (loss) attributable to the Australian Government |
(2,422) |
(5,283) |
(11,512) |
The above statement should be read in conjunction with the accompanying notes.
Budget to actual variance commentary: see Note 7 for major variance explanations.
Statement of Financial Position
as at 30 June 2019
|
Budget |
||||
|
2019 |
2019 |
2018 |
||
|
Notes |
$’000 |
$’000 |
$’000 |
|
|
ASSETS |
||||
|
Financial assets |
||||
|
Cash and cash equivalents |
130,303 |
92,893 |
117,239 |
|
|
Trade and other receivables |
70,170 |
52,383 |
69,838 |
|
|
Other financial assets |
– |
3,427 |
– |
|
|
Total financial assets |
200,473 |
148,703 |
187,077 |
|
|
Non-financial assets |
||||
|
Leasehold improvements |
23,656 |
19,941 |
26,699 |
|
|
Property, plant and equipment |
17,235 |
32,279 |
14,709 |
|
|
Intangibles |
27,170 |
74,009 |
23,496 |
|
|
Prepayments |
9,180 |
6,691 |
9,409 |
|
|
Total non-financial assets |
77,241 |
132,920 |
74,313 |
|
|
Total assets |
277,714 |
281,623 |
261,390 |
|
|
LIABILITIES |
||||
|
Payables |
||||
|
Suppliers |
21,583 |
21,143 |
22,129 |
|
|
Other payables |
18,895 |
15,288 |
20,148 |
|
|
Total payables |
40,478 |
36,431 |
42,277 |
|
|
Provisions |
||||
|
Employee provisions |
29,698 |
25,698 |
27,295 |
|
|
Other provisions |
16,236 |
1,638 |
10,297 |
|
|
Total provisions |
45,934 |
27,336 |
37,592 |
|
|
Total liabilities |
86,412 |
63,767 |
79,869 |
|
|
Net assets |
191,302 |
217,856 |
181,521 |
|
|
EQUITY |
||||
|
Contributed equity |
58,680 |
71,075 |
46,477 |
|
|
Reserves |
16,411 |
11,713 |
16,528 |
|
|
Retained surplus |
116,211 |
135,068 |
118,516 |
|
|
Total equity |
191,302 |
217,856 |
181,521 |
The above statement should be read in conjunction with the accompanying notes.
Budget to actual variance commentary: see Note 7 for major variance explanations.
Statement of Changes in Equity
for the period ended 30 June 2019
|
Retained earnings |
Asset revaluation surplus |
Contributed equity/capital |
Total equity |
|||||||||
|
2019 |
Budget 2019 |
2018 |
2019 |
Budget 2019 |
2018 |
2019 |
Budget 2019 |
2018 |
2019 |
Budget 2019 |
2018 |
|
|
$’000 |
$’000 |
$’000 |
$’000 |
$’000 |
$’000 |
$’000 |
$’000 |
$’000 |
$’000 |
$’000 |
$’000 |
|
|
Balance carried forward from previous period |
118,516 |
139,324 |
134,841 |
16,528 |
11,713 |
11,715 |
46,477 |
46,477 |
43,257 |
181,521 |
197,514 |
189,813 |
|
Opening balance |
118,516 |
139,324 |
134,841 |
16,528 |
11,713 |
11,715 |
46,477 |
46,477 |
43,257 |
181,521 |
197,514 |
189,813 |
|
Comprehensive income |
||||||||||||
|
Deficit for the period |
(2,305) |
(5,283) |
(16,325) |
– |
– |
– |
– |
– |
– |
(2,305) |
(5,283) |
(16,325) |
|
Other comprehensive income |
– |
– |
– |
(117) |
– |
4,813 |
– |
– |
– |
(117) |
– |
4,813 |
|
Total comprehensive income |
(2,305) |
(5,283) |
(16,325) |
(117) |
– |
4,813 |
– |
– |
– |
(2,422) |
(5,283) |
(11,512) |
|
Transactions with owners |
||||||||||||
|
Distributions to owners |
||||||||||||
|
Restructuring |
– |
1,027 |
– |
– |
– |
– |
– |
– |
– |
– |
1,027 |
– |
|
Contributions by owners |
||||||||||||
|
Equity injection—Appropriations1 |
– |
– |
– |
– |
– |
– |
9,576 |
21,971 |
580 |
9,576 |
21,971 |
580 |
|
Departmental capital budget1 |
– |
– |
– |
– |
– |
– |
2,627 |
2,627 |
2,640 |
2,627 |
2,627 |
2,640 |
|
Total transactions with owners |
– |
1,027 |
– |
– |
– |
– |
12,203 |
24,598 |
3,220 |
12,203 |
25,625 |
3,220 |
|
Closing balance as at 30 June |
116,211 |
135,068 |
118,516 |
16,411 |
11,713 |
16,528 |
58,680 |
71,075 |
46,477 |
191,302 |
217,856 |
181,521 |
1. Amounts appropriated which are designated as ‘equity injections’ and ‘Departmental capital budgets’ are recognised directly in transactions with owners in that year.
The above statement should be read in conjunction with the accompanying notes.
Budget to actual variance commentary: see Note 7 for major variance explanations.
Cash Flow Statement
for the period ended 30 June 2019
|
Budget |
|||
|
2019 |
2019 |
2018 |
|
|
$’000 |
$’000 |
$’000 |
|
|
OPERATING ACTIVITIES |
|||
|
Cash received |
|||
|
Appropriations |
101,487 |
106,961 |
88,718 |
|
Rendering of services |
134,841 |
117,310 |
123,135 |
|
Net GST received |
10,491 |
– |
9,447 |
|
Total cash received |
246,819 |
224,271 |
221,300 |
|
Cash used |
|||
|
Employees |
92,958 |
99,603 |
90,425 |
|
Suppliers |
124,296 |
105,267 |
110,845 |
|
Section 74 receipts transferred to Official Public Account |
4,942 |
– |
5,966 |
|
Other |
3,850 |
5,102 |
2,881 |
|
Total cash used |
226,046 |
209,972 |
210,117 |
|
Net cash from operating activities |
20,773 |
14,299 |
11,183 |
|
INVESTING ACTIVITIES |
|||
|
Cash used |
|||
|
Purchase of property, plant and equipment and intangibles |
19,912 |
65,042 |
19,335 |
|
Total cash used |
19,912 |
65,042 |
19,335 |
|
Net cash used by investing activities |
(19,912) |
(65,042) |
(19,335) |
|
FINANCING ACTIVITIES |
|||
|
Cash received |
|||
|
Contributed equity |
12,203 |
24,598 |
3,220 |
|
Total cash received |
12,203 |
24,598 |
3,220 |
|
Net cash from financing activities |
12,203 |
24,598 |
3,220 |
|
Net increase (decrease) in cash held |
13,064 |
(26,145) |
(4,932) |
|
Cash and cash equivalents at the beginning of the reporting period |
117,239 |
119,038 |
122,171 |
|
Cash and cash equivalents at the end of the reporting period |
130,303 |
130,303 |
117,239 |
The above statement should be read in conjunction with the accompanying notes.
Budget to actual variance commentary: see Note 7 for major variance explanations.
Visit
https://www.transparency.gov.au/annual-reports/australian-criminal-intelligence-commission/reporting-year/2018-2019-43