Appendix 4 - Australian National Preventive Health Agency Financial Statements
Australian National Preventive Health Agency Financial Statements
Essential functions of the Australian National Preventive Health Agency (ANPHA) transferred to the Department of Health from 1 July 2014.
The Secretary of the Department of Health, pursuant to subsection 17A(3) of the Public Governance, Performance and Accountability Rule 2014, is responsible for producing the financial statements for ANPHA, as would have been required by the accountable authority under the Public Governance, Performance and Accountability Act 2013.
Contents
Independent Auditor’s Report
Statement by the Secretary and Chief Financial Officer
Statement of Comprehensive Income
Statement of Changes in Equity
Administered Schedule of Assets and Liabilities
Administered Reconciliation Schedule
Notes to and forming part of the financial statements
Independent Auditor’s Report
Statement by the Secretary and Chief Financial Officer
Statement of Comprehensive Income
for the period ended 30 June 2019
2019 $ |
2018 $ |
||
Net Cost of Services |
|||
Expenses |
|||
Expenses incurred1 |
14,133 |
12,205 |
|
Total expenses |
14,133 |
12,205 |
|
Revenue |
|||
Resources received free of charge1 |
14,133 |
12,205 |
|
Total own-source income |
14,133 |
12,205 |
|
Net cost of services |
- |
- |
|
Surplus attributable to the Australian Government |
- |
- |
1 Expenses incurred and revenue recognised relate to the costs associated with preparation and audit of the financial statements.
The above statement should be read in conjunction with the accompanying notes.
Statement of Changes in Equity
as at 30 June 2019
2019 $ |
2018 $ |
||
Opening balance |
|||
Retained earnings |
- |
1,364,169 |
|
Opening balance |
- |
1,364,169 |
|
Contributed equity |
|||
Reduction of annual appropriation2 |
- |
(1,364,169) |
|
Total transactions with owners |
- |
(1,364,169) |
|
Closing balance as at 30 June |
- |
- |
2 Appropriation Act (No. 1) 2013-14 - Repealed 28 March 2018.
The above statement should be read in conjunction with the accompanying notes.
Administered Schedule of Assets and Liabilities
as at 30 June 2019
2019 $ |
2018 $ |
||
Assets |
|||
Financial assets |
|||
Cash in special accounts |
12,382,827 |
12,382,827 |
|
Total assets administered on behalf of Government |
12,382,827 |
12,382,827 |
|
Net assets |
12,382,827 |
12,382,827 |
The above schedule should be read in conjunction with the accompanying notes.
Administered Reconciliation Schedule
as at 30 June 2019
2019 $ |
2018 $ |
||
Net Administered liabilities as at 30 June |
12,382,827 |
12,382,827 |
The above schedule should be read in conjunction with the accompanying notes.
Notes to and forming part of the financial statements
Note 1: Overview
Abolition of the Australian National Preventive Health Agency
In the 2014-15 Budget papers the Australian Government announced as part of its Smaller Government initiative that it would abolish the Australian National Preventive Health Agency (ANPHA) and integrate its ongoing functions into the Department of Health.
A Bill to abolish ANPHA was introduced to Parliament on 15 May 2014 by the Australian Government. The Bill was passed by the House of Representatives on 3 June 2014 but negatived by the Senate on its second reading on 25 November 2014. There is currently no bill before Parliament to abolish ANPHA.
As at 30 June 2019, ANPHA had no debts and no employees.
The Secretary of the Department of Finance, pursuant to subsection 17A(3) of the Public Governance, Performance and Accountability Rule 2014 instructed the Secretary of the Department of Health to produce the financial statements for ANPHA as would have been required by the accountable authority.
ANPHA is an Australian Government Agency and does not have a separate legal identity to the Australian Government.
Objectives of the Australian National Preventive Health Agency
ANPHA is listed as a non-corporate Commonwealth entity under the Public Governance, Performance and Accountability Act 2013 (PGPA Act), and its role and functions are set out in the Australian National Preventive Health Agency Act 2010.
The Australian Government established ANPHA on 1 January 2011 to provide a new national capacity to drive preventive health policy and programs.
ANPHA was structured to meet one outcome:
A reduction in the prevalence of preventable disease, including through research and evaluation to build the evidence base for future action, and by managing lifestyle education campaigns and developing partnerships with non-government sectors.
ANPHA activities that contributed toward this outcome are classified as either departmental or administered. Departmental activities involve the use of assets, liabilities, income and expenses controlled or incurred by ANPHA in its own right. Administered activities involve the management or oversight by ANPHA, on behalf of the Government, of items controlled or incurred by the Government.
Basis of Preparation of the Financial Statements
The financial statements are general purpose financial statements and are required by section 42 of the PGPA Act.
The financial statements have been prepared in accordance with:
a) Public Governance, Performance and Accountability (Financial Reporting) Rule 2015 (FRR); and
b) Australian Accounting Standards and Interpretations – Reduced Disclosure Requirements issued by the Australian Accounting Standards Board (AASB) that apply for the reporting period.
The financial statements have been prepared on an accrual basis and in accordance with the historical cost convention, except for certain assets and liabilities at fair value.
The financial statements are presented in Australian dollars and values are rounded to the nearest dollar unless otherwise specified.
Unless an alternative treatment is specifically required by an accounting standard or the FRR, assets and liabilities are recognised in the statement of financial position when and only when it is probable that future economic benefits will flow to the entity or a future sacrifice of economic benefits will be required and the amounts of the assets or liabilities can be reliably measured. ANPHA has no unrecognised departmental or administered liabilities or assets.
Unless alternative treatment is specifically required by an accounting standard, income and expenses are recognised in the Statement of Comprehensive Income when and only when the flow, consumption or loss of economic benefits has occurred and can be reliably measured.
Significant Accounting Judgements and Estimates
No accounting assumptions or estimates have been identified that have a significant risk of causing a material adjustment to carrying amounts of assets and liabilities within the next reporting period.
Cash
ANPHA no longer holds any cash independently. Cash holdings, recognised at its nominal amount are cash in special accounts, this balance is held in the Official Public Account.
Related Party Relationships
ANPHA is an Australian Government controlled entity. Related parties to ANPHA are the Portfolio Minister and Executive Government, and other Australian Government entities.
ANPHA had no related party transactions to report during 2018-19 or in the comparative year.
New Australian Accounting Standards
No accounting standard has been adopted earlier than the application date as stated in the standard. No new standards, revised standards, interpretations and amending standards that were issued by the Australian Accounting Standards Board prior to the sign-off date, are expected to have a material financial impact on the ANPHA for future reporting periods.
Taxation
ANPHA is exempt from all forms of taxation except Fringe Benefits Tax (FBT) and the Goods and Services Tax (GST).
Revenues, expenses and assets are recognised net of GST, except where the amount of GST incurred is not recoverable from the Australian Taxation Office.
Events after the Reporting Period
Departmental
There was no subsequent event that had the potential to significantly affect the ongoing structure and financial activities of the entity.
Administered There was no subsequent event that had the potential to significantly affect the ongoing structure and financial activities of the entity. Reporting of Administered Activities ANPHA had no Administered activities to report during the reporting year or in the comparative year. |
Note 2: Special accounts
The Australian National Preventive Health Agency special account (administered)1,2,3 |
|||
2019 $ |
2018 $ |
||
Special account balance |
12,382,827 |
12,382,827 |
|
No transactions were recorded against the ANPHA special account in the reporting period. |
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1 Appropriation: Public Governance, Performance and Accountability Act 2013, Section 80. |
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2 Establishing Instrument: Australian National Preventive Health Agency Act 2010, Section 50. |
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3 Purposes of the Account: |
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(a) paying or discharging the costs, expenses and other obligations incurred by the Commonwealth in the performance of the Chief Executive Officer's functions; |
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(b) paying any remuneration and allowances payable to any person under the Australian National Preventive Health Agency Act 2010; and |
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(c) meeting the expenses of administering the Account. |
Visit
https://www.transparency.gov.au/annual-reports/department-health/reporting-year/2018-2019-36