Departmental Financial Performance
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This section analyses the financial performance of the NCA for the year ended 2019. |
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Notes to and forming part of the Financial Statements |
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1.1 Expenses |
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2019 |
2018 |
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$'000 |
$'000 |
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1.1A: Employee Benefits |
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Wages and salaries |
4,770 |
3,801 |
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Superannuation: |
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Defined contribution plans |
615 |
545 |
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Defined benefit plans |
289 |
305 |
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Leave and other entitlements |
566 |
490 |
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615 |
545 |
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Total employee benefits |
6,240 |
5,141 |
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Accounting Policy |
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Accounting policies for employee related expenses are contained in the People and Relationships section. |
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1.1B: Suppliers |
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Goods and services supplied or rendered |
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Contractors |
6,838 |
10,972 |
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Property operating costs |
279 |
285 |
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Utilities |
2,124 |
2,192 |
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ICT services |
1,671 |
1,633 |
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Consultants |
999 |
470 |
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Associated employee costs |
261 |
365 |
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Legal services |
130 |
144 |
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Communications |
234 |
142 |
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Travel |
103 |
33 |
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Other |
130 |
141 |
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Total goods and services supplied or rendered |
12,769 |
16,377 |
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Goods supplied |
99 |
99 |
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Services rendered |
12,670 |
16,278 |
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Total goods and services supplied or rendered |
12,769 |
16,377 |
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Other suppliers |
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Operating lease rentals |
330 |
346 |
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Workers' compensation premiums |
319 |
222 |
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Total other suppliers |
649 |
568 |
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Total suppliers |
13,418 |
16,945 |
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Leasing Commitments |
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The NCA, in its capacity as lessee of an office tenancy, is committed to lease rental payments of a fixed amount subject to CPI review annually. The original term of the lease is from 1 July 2016 to 30 June 2021 with two options to renew for 5 years. The NCA is also committed to a number of minor building and vehicle leases. |
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Commitments for minimum lease payments in relation to non-cancellable operating leases are payable as follows: |
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Within 1 year |
377 |
336 |
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Between 1 to 5 years |
391 |
702 |
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Total operating lease commitments 1 |
768 |
1,038 |
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Notes: |
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1. Includes office lease commitments calculated to 30 June 2021 and motor vehicle leases. |
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Accounting Policy |
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Operating lease payments are expensed on a straight-line basis which is representative of the pattern of benefits derived from the leased assets. The NCA is only committed to operating leases. |
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Visit
https://www.transparency.gov.au/annual-reports/national-capital-authority/reporting-year/2018-2019-70