Go to top of page

Notes to the financial statements - 1.1 Expenses

Departmental Financial Performance

This section analyses the financial performance of Geoscience Australia for the year ended 2019.

1.1 Expenses

2019

2018

$’000

$’000

1.1A: Employee benefits

Wages and salaries

57,614

56,772

Superannuation

Defined contribution plans

5,608

5,214

Defined benefit plans

4,961

4,669

Leave and other entitlements

8,316

7,066

Separation and redundancies

3,000

0

Total employee benefits

79,499

73,721

Accounting Policy

Accounting policies for employee related expenses are contained in 5.1A Employee Provisions.

1.1B: Suppliers

Goods and services supplied or rendered

Consultants

802

922

Contractors

33,856

43,434

Travel

5,011

4,663

IT services

27,209

24,171

Property operating

6,120

5,969

Office supplies

924

758

Direct operational costs

4,324

4,531

Research

14,182

7,966

Other

5,617

3,195

Total goods and services supplied or rendered

98,045

95,609

Goods supplied

4,239

4,094

Services rendered

93,806

91,515

Total goods and services supplied or rendered

98,045

95,609

Other suppliers

Operating lease rentals

26,300

26,318

Workers compensation expenses

335

367

Total other suppliers

26,635

26,685

Total suppliers

124,680

122,294

Leasing commitments

GA’s operating lease commitments are primarily for accommodation which are under operating lease agreements. The major lease is for the Symonston office in Canberra with a lease expiry date of 31 May 2032.

Commitments for minimum lease payments in relation to non-cancellable operating leases are payable as follows:

Within 1 year

25,329

26,557

Between 1 to 5 years

116,554

113,528

More than 5 years

275,360

305,784

Total operating lease commitments

417,243

445,869

Accounting Policy

All leases in GA are operating leases, as the risks and benefits are substantially retained with the lessor.

Operating lease payments are expensed on a straight line basis which is representative of the pattern of benefits derived from the leased assets. Lease incentives are recognised as other payables and amortised over the life of the lease on a straight line basis.

1.1C: Grants

Grants to overseas

690

0

Total grants

690

0