Report on performance – Financial activities
Operating results
In accordance with the Australian Government net cash appropriation arrangements, AIFS incurred a deficit for the financial year 2018/19 of $405,387. This deficit is primarily due to the depreciation expense for 2018/19 of $448,535. After adjusting for this item, AIFS would have reported a surplus of $43,148.
See Table 7 for a summary of budgeted and actual expenses for 2018/19.
Operating revenue
The total operating revenue was $14,096,672 and consisted of the following:
- government appropriations of $4,412,000
- sale of goods and rendering of services of $9,601,719
- other revenue of $$82,952.
Operating expenses
Total operating expenses were $14,502,058 and consisted of:
- employee costs of $9,823,638
- supplier expenses of $4,218,110
- depreciation and amortisation of $448,535
- loss on sale of assets of $11,777.
Table 7: Budgeted and actual expenses for Outcome 1, 2018/19, and budgeted expenses, 2019/20
|
Outcome 1: Increased understanding of factors affecting how families function by conducting research and communicating findings to policy makers, service providers, and the broader community |
Budget 2018/19 $’000 |
Actual 2018/19 $’000 |
Variation (column 2 – column 1) ($’000) |
Budget 2019/20 ($’000) |
|
Program 1.1: Australian Institute of Family Studies |
||||
|
Departmental expenses |
||||
|
Departmental appropriation |
14,708 |
14,021 |
687 |
15,428 |
|
Expenses not requiring appropriation in the Budget year |
379 |
481 |
(102) |
532 |
|
Total for Program 1.1 |
15,087 |
14,502 |
585 |
15,960 |
|
Outcome 1 totals by appropriation type |
||||
|
Departmental expenses |
||||
|
Departmental appropriation |
14,708 |
14,021 |
687 |
15,428 |
|
Expenses not requiring appropriation in the Budget year |
379 |
481 |
(102) |
532 |
|
Total expenses for Outcome 1 |
15,087 |
14,502 |
585 |
15,960 |
|
2018/19 |
2018/19 |
2018/19 |
2019/20 |
|
|
Average staffing level1 |
82 |
79 |
(3) |
82 |
Note: 1 The headcount and average staffing level are not the same measure. The headcount is the total number of employees at 30 June 2019. The average staffing level is an average over the financial year.
Visit
https://www.transparency.gov.au/annual-reports/australian-institute-family-studies/reporting-year/2018-2019-24