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Financial overview

The AIC’s operating result for the year ended 30 June 2019 was a surplus of $0.467 million. Excluding depreciation expenses the operating surplus is $0.496 million for the 2018–19 financial year. The surplus is due to reductions in employee expenditure and increasing own source revenue from research activity. In addition, research services generated more own source income than anticipated, resulting in a surplus.

The AIC received an unmodified audit opinion from the Australian National Audit Office.

During 2018–19 there were no instances of significant non-compliance with the finance law.

The AIC’s revenue totalled $6.803 million in 2018–19 (2017–18: $6.349 million). Revenue included $4.590 million appropriation for operating budget and $2.213 million own source income. Own source income includes:

  • $0.282 million from conference registration fees;
  • $1.299 million from provision of research services (POCA);
  • $0.203 million from jurisdictions’ contribution for Criminology Research Grants and Australian Crime and Violence Prevention Awards;
  • $0.327 million from research activities; and
  • $0.102 million for other minor sources including royalties and audit services received free of charge.

This pie chart breaks down own source income for 2018-19, as described in the list above.

The AIC’s operating expenses totalled $6.336 million in 2018–19 (2017–18: $5.931 million).

Employee expenditure fell during the year, consistent with the fall in average staffing levels from 25 ASL in 2017–18 to 18 ASL in the current year.

The AIC’s net asset position has improved significantly to $2.003 million (2017–18: $1.496 million). This improvement is mainly due to the operating surplus.

The closing balance of the Criminology Research Special Account as at 30 June 2019 was $1.883 million (2017–18: $0.937 million).

The following tables report actual appropriation, payments, budgets and actual expenses against the outcome.

TABLE 27: AGENCY RESOURCE STATEMENT 2018–19

Actual available appropriations for 2018–19

Payments made

2018–19

Balance remaining

$'000

$'000

$'000

Ordinary annual services

Departmental appropriations1

4,630

4,630

0

Total

4,630

4,630

0

Opening balance

937

0

0

Receipts to special accounts

3,304

Payments made

2,358

Closing balance

1,883

Total

4,241

2,358

1,883

Total resourcing and payments

8,871

6,988

1,883

1 Includes an amount of $0.022m in 2018–19 for the Departmental Capital Budget, and an amount of $0.18m

of Departmental Capital Budget that was carried over from 2017–18. For accounting purposes this amount

has been designated as ‘contributions by owners’.

TABLE 28: EXPENDITURE AND STAFFING BY OUTCOME

Outcome 1: Informed crime and justice policy and practice in Australia by undertaking, funding and disseminating policy-relevant research of national significance; and through the generation of a crime and justice evidence base and national knowledge centre

Budget 2018–19

Actual Expenses 2018–19

Variation

$'000

$'000

$'000

Outcome 1: Departmental expenses

Departmental appropriations

4,975

4,590

385

Special accounts

1,520

1,678

(158)

Expenses not requiring appropriation in the Budget year

62

68

(6)

Total for Outcome

6,557

6,336

221

Total expenses for Outcome 1

6,557

6,336

221

Budget 2018–19

Actual 2018–19

Average staffing level (number)

46

18