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.
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 |
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|---|---|---|---|
|
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 |
|
Visit
https://www.transparency.gov.au/annual-reports/australian-institute-criminology/reporting-year/2018-2019-35