Note to and forming part of the financial statements
This section analyses the financial performance of ARPANSA for the year ended 2019.
Financial performance
This section analyses the financial performance of ARPANSA for the year ended 2019.
Note 1.1: Expenses
1.1A: Employee benefits
|
2019 |
2018 |
|
|
$ |
$ |
|
|
Wages and salaries |
12,201,502 |
11,788,021 |
|
Superannuation - defined contribution |
1,816,550 |
1,809,559 |
|
Superannuation - defined benefit |
525,762 |
484,235 |
|
Leave and other entitlements |
2,632,275 |
2,207,378 |
|
Separation and redundancies |
78,228 |
164,836 |
|
Total employee benefits |
17,254,317 |
16,454,029 |
Accounting policy
Accounting policies for employee-related expenses are contained in the people and relationships section.
1.1B: Suppliers
|
2019 |
2018 |
|||
|
$ |
$ |
|||
|
Goods and services supplied or rendered |
||||
|
Audit fees - ANAO |
54,000 |
54,000 |
||
|
Audit fees - outsourced |
14,657 |
93,196 |
||
|
Advisory council and committees |
114,396 |
118,960 |
||
|
Communications |
265,805 |
320,964 |
||
|
Construction and maintenance - Comprehensive Nuclear-Test-Ban Treaty |
621,172 |
655,133 |
||
|
Contractors/Consultants |
987,146 |
780,817 |
||
|
Demolition and remediation |
0 |
153,433 |
||
|
Information technology |
946,366 |
861,259 |
||
|
Postage and freight |
194,082 |
212,277 |
||
|
Reference material & subscriptions |
302,238 |
353,875 |
||
|
Repair and maintenance |
613,197 |
578,315 |
||
|
Training and conferences |
199,521 |
219,188 |
||
|
Travel |
1,148,884 |
1,070,486 |
||
|
Utilities |
488,416 |
544,539 |
||
|
Other goods and services |
892,439 |
862,770 |
||
|
Total goods and services supplied or rendered |
6,842,319 |
6,879,212 |
||
|
Goods supplied |
1,266,240 |
1,394,857 |
||
|
Services rendered |
5,576,079 |
5,484,356 |
||
|
Total goods and services supplied or rendered |
6,842,319 |
6,879,213 |
||
|
Other supplier expenses |
||||
|
Operating lease rentals |
252,974 |
250,721 |
||
|
Workers compensation premiums |
27,293 |
41,439 |
||
|
Total other supplier expenses |
280,267 |
292,160 |
||
|
Total supplier expenses |
7,122,586 |
7,171,373 |
||
|
Leasing commitments |
||||
|
ARPANSA in its capacity as lessee: |
||||
|
Lease for office accommodation |
||||
|
||||
|
Agreement for the provision of motor vehicle to senior executive officers. |
||||
|
||||
|
Commitments for minimum lease payments in relation to non-cancellable operating leases are payable as follows: |
||||
|
Within 1 year |
172,082 |
249,374 |
||
|
Between 1 to 5 years |
0 |
168,898 |
||
|
Total operating lease commitments |
172,082 |
418,272 |
||
Accounting policy
A distinction is made between finance leases and operating leases. Finance leases effectively transfer from the lessor to the lessee substantially all the risks and rewards incidental to ownership of leased assets. An operating lease is a lease that is not a finance lease. In operating leases, the lessor effectively retains substantially all such risks and benefits.
Operating lease payments are expensed on a straight-line basis which is representative of the pattern of benefits derived from the leased assets.
1.1C: Impairment Loss allowance on financial instruments
|
2019 |
2018 |
|
|
$ |
$ |
|
|
Impairment on trade and other receivables |
1,741 |
10,429 |
1.1D: Write-down and impairment of other assets
|
2019 |
2018 |
|
|
$ |
$ |
|
|
Property, plant and equipment - write-off |
31,949 |
30,710 |
|
Computer software - write-off |
1,663 |
112,472 |
|
Inventories - write-off |
0 |
22,941 |
|
Total write-down and impairment of assets |
33,612 |
166,123 |
1.1E: Foreign exchange losses
|
2019 |
2018 |
|
|
$ |
$ |
|
|
Non-speculative |
0 |
844 |
|
Total foreign exchange losses |
0 |
844 |
Accounting policy
Gains and losses from foreign currency are recognised when incurred.
1.1F: Losses from asset sales
|
2019 |
2018 |
|
|
$ |
$ |
|
|
Property, plant and equipment |
75 |
0 |
|
Total losses from asset sales |
75 |
0 |
Note 1.2: Own-source revenue and gains
Own-source revenue
1.2A: Sale of goods and rendering of services
|
2019 |
2018 |
|
|
$ |
$ |
|
|
Scientific services - Personal Radiation Monitoring Service |
2,550,653 |
2,428,366 |
|
Construction and maintenance - Comprehensive Nuclear-Test-Ban Treaty |
1,779,730 |
1,848,859 |
|
Australian Clinical Dosimetry Service |
1,895,632 |
1,290,003 |
|
Other scientific services |
1,402,359 |
1,542,096 |
|
Total sale of goods and rendering of services |
7,628,374 |
7,109,324 |
Revenue from the sale of goods is recognised when:
a) The risks and rewards of ownership have been transferred to the buyer
b) The entity retains no managerial involvement or effective control over the goods.
Revenue from rendering of services is recognised by reference to the stage of completion of contracts at the reporting date, and is determined by reference to:
a) the proportion that costs incurred to date bear to the estimated total costs of the transaction.
Receivables for goods and services, which have 30 day terms, are recognised at the nominal amounts due less any impairment allowance account. Collectability of debts is reviewed at end of reporting period.
Allowances are made when collectability of the debt is no longer probable.
1.2B: Licence fees
|
2019 |
2018 |
|
|
$ |
$ |
|
|
Application fees |
17,051 |
12,677 |
|
Annual charges |
4,370,869 |
4,287,842 |
|
Total licence fees |
4,387,920 |
4,300,519 |
Under paragraph 34(b) of the Australian Radiation Protection and Nuclear Safety Act 1998, an application for a licence must be accompanied by a fee prescribed in the regulations. Revenue for licence applications is recognised when an application for a licence is received.
1.2C: Other revenue
|
2019 |
2018 |
|
|
$ |
$ |
|
|
Resources received free of charge - ANAO |
54,000 |
54,000 |
|
Total other revenue |
54,000 |
54,000 |
Resources received free of charge are recognised as revenue when and only when a fair value can be reliably determined and the services would have been purchased if they had not been donated. Use of those resources is recognised as an expense.
Resources received free of charge are recorded as either revenue or gains depending on their nature.
Gains
1.2D: Foreign exchange gains
|
2019 |
2018 |
|
|
$ |
$ |
|
|
Non-speculative |
278 |
0 |
|
Total foreign exchange gains |
278 |
0 |
Gains and losses from foreign currency are recognised when incurred.
1.2E: Reversal of write-downs and impairment
|
2019 |
2018 |
|
|
$ |
$ |
|
|
Inventories - reversal write-off |
491 |
- |
|
Total reversals of previous asset write-down and impairments |
491 |
- |
Amounts appropriated for departmental appropriations for the year (adjusted for any formal additions and reductions) are recognised as revenue from Government when the entity gains control of the appropriation, except for certain amounts that relate to activities that are reciprocal in nature, in which case revenue is recognised only when it has been earned.
Section 56 (3) of the Australian Radiation Protection and Nuclear Safety Act 1998, requires that money appropriated by the Parliament be transferred to the special account (notes 2.1A and 3.2 refer).
Appropriations receivable are recognised at their nominal amounts.
1.2F: Revenue from Government
|
2019 |
2018 |
|
|
Appropriation: |
$ |
$ |
|
Departmental appropriation |
12,758,000 |
12,839,000 |
|
Total revenue from Government |
12,758,000 |
12,839,000 |
Visit
https://www.transparency.gov.au/annual-reports/australian-radiation-protection-and-nuclear-safety-agency/reporting-year/2018-2019-38