6.1 STATEMENT OF FINANCIAL PERFORMANCE
STATEMENT OF FINANCIAL PERFORMANCE
In 2017–18 the department administered approximately $173.4 billion in payments, or around 38 per cent of government outlays. The department reported an operating surplus of $174.9 million after adjustment for unfunded depreciation and amortisation expenses and the revaluation of assets. This represents a 4 per cent variance from the budgeted net cost of services of $4.8 billion.
|
2015–16 |
2016–17 |
2017–18 |
|
|
Income |
4 417.1 |
4 446.4 |
4 612.5 |
|
Expenses |
4 669.8 |
4 608.6 |
4 687.0 |
Figure 4: Departmental income and expenses
INCOME
The department is primarily funded through direct appropriation in the annual budget cycle. The department also receives service-related revenue from other Australian Government agencies and non-government entities under service arrangements (see Table 57).
In 2017–18 the department’s total income was $4 612.5 million, comprising $4 297.1 million in government appropriation and $315.4 million in own source revenue and gains (see Table 57).
|
Government agencies and other entities |
$ million |
|
Australian Bureau of Statistics |
2.9 |
|
Australian Digital Health Agency |
41.1 |
|
Australian National Audit Office |
1.0 |
|
Australian Taxation Office |
13.6 |
|
Department of Defence |
1.0 |
|
Department of Jobs and Small Business |
1.1 |
|
Department of Foreign Affairs and Trade |
5.8 |
|
Department of Health |
49.4 |
|
Department of Immigration and Border Protection |
1.0 |
|
Department of Social Services |
2.3 |
|
Department of Veterans’ Affairs |
52.2 |
|
National Disability Insurance Agency |
102.3 |
|
Other agencies (amounts of less than $1 million from other government agencies) |
4.7 |
|
Other entities |
29.7 |
|
Total—own source revenue |
308.1 |
|
Other gains |
7.3 |
|
Total |
315.4 |
(a) Financial and other data in this annual report is rounded to the nearest decimal point. This may lead to minor differences between numbers.
EXPENSES
The department’s expenses in 2017–18 totalled $4 687 million. These were primarily staff and supplier expenses.
REPORTING OF SIGNIFICANT NON-COMPLIANCE ISSUES
No matters were reported under section 19(1)(e) of the Public Governance, Performance and Accountability Act 2013 in relation to non-compliance with the finance law during the reporting period.
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https://www.transparency.gov.au/annual-reports/department-human-services/2018/part-6-financial-statements/61-statement-financial