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Financial overview

The AIC’s operating result for the year ended 30 June 2020 was a surplus of $0.073 million. Excluding depreciation expenses, the operating surplus is $0.112 million for the 2019–20 financial year. The surplus is due to reductions in employee expenditure and project-related supplier expenses.

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

During 2019–20 there were no instances of significant non-compliance with the finance law.

The AIC’s revenue totalled $6.478 million in 2019–20 (2018–19: $6.803 million). Revenue included $4.595 million appropriation for operating budget and $1.883 million own source income. Own source income includes:

  • $1.401 million from the Proceeds of Crime Act 2002 (PoCA) to fund research activities;
  • $0.051 million from jurisdictions’ contribution for Criminology Research Grants (CRG) and Australian Crime and Violence Prevention Awards (ACVPA);
  • $0.303 million from research activities; and
  • $0.129 million for other minor sources including royalties and audit services received free of charge.

 Own source income, 2019-20. 74% of own source income relates to the Proceeds of Crime Act, 16% to research activities, 3% to jurisdictions' contribution to Criminology Research Grants and Australian Crime and Violence Prevention Awards, and 7% other sources.

The AIC’s operating expenses totalled $6.405 million in 2019–20 (2018–19: $6.336 million).

Employee expenditure rose during the year, consistent with the increase in average staffing levels from 18 ASL in 2018–19 to 22 ASL in the current year.

The AIC’s net asset position has improved to $2.098 million (2018–19: $2.003 million). This improvement is mainly due to the operating surplus.

The closing balance of the Criminology Research Special Account as at 30 June 2020 was $3.172 million (2018–19: $1.883 million).

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

Table 27: Agency resource statement 2019–20

Actual available appropriations
for 2019–20

$’000

Payments made
2019–20

$’000

Balance remaining

$’000

Ordinary annual services

Departmental appropriations1

4,617

4,598

19

Total

4,617

4,598

19

Opening balance

1,883

Receipts to special accounts

2,681

Payments made

1,392

Closing balance

3,172

Total

4,564

2,127

3,172

Total resourcing and payments

9,181

5,990

3,191

1: Includes an amount of $0.022m in 2019–20 for the Departmental Capital Budget. 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 2019–20

$’000

Actual expenses 2019–20

$’000

Variation

$’000

Outcome 1: Departmental expenses

Departmental Appropriations

4,595

4,595

0

Special Accounts

2,063

1,732

331

Expenses not requiring appropriation in the Budget year

101

78

23

Total for Outcome 1

6,759

6,405

354

Total expenses for Outcome 1

6,759

6,405

354

Budget 2019–20

Actual 2019–20

Average staffing level (number)

35

22