Note 1.1 Expenses
Financial Performance | ||
This section analyses the financial performance of the National Mental Health Commission for the year ended 30 June 2020 | ||
1.1 Expenses | ||
2020 | 2019 | |
$ | $ | |
1.1A: Employee Benefits | ||
Wages and salaries | 3,747,806 | 2,470,218 |
Superannuation: | ||
Defined contribution plans | 502,261 | 350,734 |
Defined benefit plans | 157,586 | 97,065 |
Leave and other entitlements | 671,906 | 496,727 |
Separations and redundancies | 130,839 | 32,238 |
Other employee benefits | 17,630 | 19,067 |
Total employee benefits | 5,228,028 | 3,466,049 |
Accounting Policy | ||
Accounting policies for employee related expenses are contained in the People and Relationships section. | ||
1.1B: Suppliers | ||
Goods and services supplied or rendered | ||
Contracted services | 1,702,818 | 1,786,642 |
Travel | 170,126 | 185,364 |
IT services | 9,436 | 37,506 |
Property operating expenses | 197,978 | 146,139 |
Audit fees | 33,000 | 33,000 |
Conferences and seminars | 7,459 | 11,821 |
Other | 134,605 | 158,908 |
Total goods and services supplied or rendered | 2,255,422 | 2,359,380 |
Goods supplied | 30,559 | 49,141 |
Services rendered | 2,224,863 | 2,310,239 |
Total goods and services supplied or rendered | 2,255,422 | 2,359,380 |
Other suppliers | ||
Workers compensation expenses | 13,705 | 18,816 |
Operating lease rentals1 | - | 642,829 |
Short-term leases | 31,887 | - |
Total other suppliers | 45,592 | 661,645 |
Total suppliers | 2,301,014 | 3,021,025 |
1The Commission has applied AASB 16 using the modified retrospective approach and therefore the comparative information has not been restated and continues to be reported under AASB 117. | ||
The above lease disclosures should be read in conjunction with the accompanying notes 3.2, 3.3B and 3.4. | ||
Accounting Policy | ||
Contracted services | ||
The contracted services include payments to the service providers of the Commission in delivery of the funded programs from the Department of Health and payments to the Department of Health under a shared services agreement. | ||
Short-term leases and leases of low-value assets | ||
The Commission has elected not to recognise right-of-use assets and lease liabilities for short-term leases of assets that have a lease term of 12 months or less and leases of low-value assets (less than $10,000). The Commission recognises the lease payments associated with these leases as an expense on a straight-line basis over the lease term. | ||
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