Note 3 - Funding
3.1 Appropriations | |||||
3.1A: Annual appropriations ('recoverable GST exclusive') | |||||
Annual Appropriations for 2021 | |||||
Annual appropriation | Adjustments to appropriation 1 | Total appropriation | Appropriation applied in 2021 (current and prior years) | Variance 2 | |
$'000 | $'000 | $'000 | $'000 | $'000 | |
Departmental | |||||
Ordinary annual services | 20,933 | 1,255 | 22,188 | 22,083 | 105 |
Capital Budget | 4,735 | - | 4,735 | 4,013 | 722 |
Total departmental | 25,668 | 1,255 | 26,923 | 26,096 | 827 |
1 PGPA Act Section 74 receipts. 2 The variance between appropriations and appropriations applied in 2020-21 is due to a combination of underspends within supplier expenses, accrued supplier invoices and a delay with the finalisation of capital projects . | |||||
Annual Appropriations for 2020 | |||||
Annual appropriation | Adjustments to appropriation 1 | Total appropriation | Appropriation applied in 2020 (current and prior years) | Variance 2 | |
$'000 | $'000 | $'000 | $'000 | $'000 | |
Departmental | |||||
Ordinary annual services | 20,205 | 1,459 | 21,664 | 20,761 | 903 |
Capital Budget | 590 | - | 590 | 441 | 149 |
Other services | - | ||||
Equity Injections | 68 | - | 68 | - | 68 |
Loans | - | - | - | - | - |
Assets and liabilities | - | - | - | - | - |
Total departmental | 20,863 | 1,459 | 22,322 | 21,202 | 1,120 |
1 PGPA Act Section 74 receipts 2 The variance between appropriations and appropriations applied in 2019-20 is due to a combination of underspends within supplier expenses, accrued supplier invoices and a delay with the finalisation of capital projects . | |||||
3.1B: Unspent annual appropriations ('recoverable GST exclusive') | |||||
2021 | 2020 | ||||
$’000 | $’000 | ||||
Appropriation Act (No. 1) 2018-19 1 | 14,000 | 14,000 | |||
Appropriation Act (No. 1) 2019-20 | 7,680 | ||||
Appropriation Act (No. 1) 2019-20 (DCB) | 563 | ||||
Appropriation Act (No. 2) 2019-20 (Equity Injection) | 68 | ||||
Appropriation Act (No. 1) 2019-20 (Cash at Bank - 30 June) | 145 | ||||
Appropriation Act (No. 1) 2020-21 | 7,677 | ||||
Appropriation Act (No. 1) 2020-21 (DCB) | 1,278 | ||||
Appropriation Act (No. 2) 2020-21 (Equity Injection) | - | ||||
Appropriation Act (No. 1) 2020-21 (Cash at Bank - 30 June) | 336 | ||||
Total departmental | 23,291 | 22,456 | |||
1 An unspent amount of $14.0m relating to missing Malaysia Airlines Flight 370 was quarantined under section 51 during 2019-20. | |||||
3.2 Net Cash Appropriation Arrangements | |||||
2021 | 2020 | ||||
$’000 | $’000 | ||||
Total comprehensive loss as per the Statement of Comprehensive Income | (362) | (843) | |||
Plus: depreciation/amortisation expenses previously funded through revenue appropriation | 703 | 643 | |||
Plus: depreciation right-of-use assets | 1,594 | 1,586 | |||
Less: principal repayments - leased assets | (1,474) | (1,424) | |||
Net Cash Operating Surplus/(Deficit) | 461 | (38) | |||
Changes in Asset Revaluation Reserve | 18 | (109) | |||
Operating Surplus/(Deficit) | 479 | (147) | |||
From 2010-11, the Government introduced net cash appropriation arrangements where revenue appropriations for depreciation/amortisation expenses ceased. Entities now receive a separate capital budget provided through equity appropriations. Capital budgets are to be appropriated in the period when cash payment for capital expenditure is required. The inclusion of depreciation/amortisation expenses related to ROU leased assets and the lease liability principal repayment amount reflects the cash impact on implementation of AASB 16 Leases, it does not directly reflect a change in appropriation arrangements. | |||||
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https://www.transparency.gov.au/annual-reports/australian-transport-safety-bureau/reporting-year/2020-21-27