A.6 Financial Report

Health Directorate Audit Report

Health Directorate Audit Report

Health Directorate Statement of Responsibility

Health Directorate Statement of Responsibility

Health Directorate Statement by Chief Financial Officer

Health Directorate Statement by Chief Financial Officer

Health Directorate Controlled Financial Statements For the Year Ended 30 June 2013

Health Directorate Operating Statement For the Year Ended 30 June 2013

 

  Note No. Actual
2013
$’000
Original Budget 2013
$’000
Actual
2012
$’000
Income        
Revenue        
Government Payment for Outputs 4 364,256 365,860 904,281
User Charges – ACT Government 5 543,569 546,730 825
User Charges – Non-ACT Government 5 113,214 100,803 229,102
Interest 6 106 278 97
Distribution from Investments with the Territory Banking Account 7 144 157
Resources Received Free of Charge 8 1,010 758 954
Other Revenue 9 19,425 16,746 23,542
Total Revenue   1,041,724 1,031,175 1,158,958
         
Gains        
Gains on Investments 10 21
Other Gains 11 2,356 1,524 1,185
Total Gains   2,377 1,524 1,185
Total Income   1,044,101 1,032,699 1,160,143
         
Expenses        
Employee Expenses 12 556,505 553,280 527,932
Superannuation Expenses 13 72,276 69,116 66,067
Supplies and Services 14 301,333 301,234 285,428
Depreciation and Amortisation 15 53,014 35,882 28,929
Grants and Purchased Services 16 82,888 76,920 247,512
Borrowing Costs 17 375 401 415
Cost of Goods Sold 18 10,475 15,394 13,359
Other Expenses 19 6,924 11,060 8,120
Total Expenses   1,083,790 1,063,287 1,177,762
         
Operating (Deficit)   (39,689) (30,588) (17,619)
         
Other Comprehensive (Deficit)        
Items that will not be reclassified subsequently to profit or loss        
(Decrease) in the Asset Revaluation Surplus 37 (994)
         
Total Comprehensive (Deficit)   (39,689) (30,588) (18,613)
The above Operating Statement should be read in conjunction with the accompanying notes. The Directorate only has one output class and as such the above Operating Statement is also the Directorate’s Operating Statement for the Health and Community Care Output Class. A separate disaggregated disclosure note has therefore not been included
in these Financial Statements.

 

Health Directorate Balance Sheet As at 30 June 2013

 

  Note No. Actual
2013
$’000
Original Budget 2013
$’000
Actual
2012
$’000
Current Assets        
Cash and Cash Equivalents 23 9,562 1,522 69,379
Receivables 24 126,339 47,572 57,730
Inventories 25 8,113 8,066 7,553
Assets Held for Sale 26 34 127 169
Other Assets 31 2,675 2,516 2,515
Total Current Assets   146,723 59,803 137,347
         
Non-Current Assets        
Receivables 24 2,235
Investments 27 3,011 3,000 2,990
Property, Plant and Equipment 28 707,919 785,281 627,749
Intangible Assets 29 11,636 33,872 9,870
Capital Works in Progress 30 241,636 301,294 218,235
Total Non-Current Assets   964,202 1,125,682 858,844
Total Assets   1,110,925 1,185,485 996,190
         
Current Liabilities        
Payables 32 87,773 56,597 79,960
Finance Leases 33 2,315 3,099 3,288
Employee Benefits 34 180,522 159,114 164,307
Other Liabilities 36 2,224 5,462 656
Total Current Liabilities   272,834 224,272 248,211
         
Non-Current Liabilities        
Finance Leases 33 4,162 3,099 1,802
Employee Benefits 34 12,457 18,392 14,984
Other Provisions 35 1,503 1,503 1,503
Total Non-Current Liabilities   18,122 22,994 18,289
Total Liabilities   290,956 247,266 266,500
Net Assets   819,969 938,219 729,690
         
Equity        
Accumulated Funds   675,962 793,218 585,683
Asset Revaluation Surplus 37 144,007 145,001 144,007
Total Equity   819,969 938,219 729,690
The above Balance Sheet should be read in conjunction with the accompanying notes. The Directorate only has one output class and as such the above Balance Sheet is also the Directorate’s Balance Sheet for the Health and Community Care Output Class. A separate disaggregated disclosure note has therefore not been included in these Financial Statements.

 

Health Directorate Statement of Changes in Equity For the Year Ended 30 June 2013

 

  Note No. Accumulated Funds
Actual
2013
$’000
Asset Revaluation Surplus Actual
2013
$’000
Total
Equity Actual
2013
$’000
Original Budget 2013
$’000
Balance at the Beginning of the
Reporting Period
  585,683 144,007 729,690 730,925
           
Comprehensive Income          
Operating (Deficit)   (39,689) (39,689) (30,588)
Increase/(Decrease) in the Asset
Revaluation Surplus
37
Total Comprehensive (Deficit)   (39,689) (39,689) (30,588)
           
Transactions Involving Owners Affecting
Accumulated Funds
Capital Injections   129,968 129,968 237,882
Total Transactions Involving Owners Affecting Accumulated Funds   129,968 129,968 237,882
           
Balance at the End of the Reporting Period   675,962 144,007 819,969 938,219
The above Statement of Changes in Equity should be read in conjunction with the accompanying notes.

 

 

  Note No. Accumulated Funds
Actual
2012
$’000
Asset Revaluation Surplus Actual 2012
$’000
Total
Equity
Actual
2012
$’000
Balance at the Beginning of the Reporting Period   440,499 145,001 585,500
         
Comprehensive Income        
Operating (Deficit)   (17,619) (17,619)
(Decrease) in the Asset Revaluation Surplus 37 (994) (994)
Total Comprehensive (Deficit)   (17,619) (994) (18,613)
         
Transactions Involving Owners Affecting
Accumulated Funds
Capital Injections   162,803 162,803
Total Transactions Involving Owners
Affecting Accumulated Funds
  162,803 162,803
         
Balance at the End of the Reporting Period   585,683 144,007 729,690
The above Statement of Changes in Equity should be read in conjunction with the accompanying notes.

 

Health Directorate Cash Flow Statement For the Year ended 30 June 2013

 

  Note No. Actual 2013
$’000
Original Budget 2013
$’000
Actual 2012
$’000
Cash Flows from Operating Activities        
Receipts        
Government Payment for Outputs   364,256 365,860 904,170
User Charges – ACT Government   483,564 822
User Charges – Non-ACT Government   112,659 647,487 215,328
Interest Received   106 278 97
Distribution from Investments with the Territory Banking Account   145 151
Goods and Services Tax Input Tax Credits from the Australian Taxation Office   48,063 59,616
Goods and Services Tax Collected from Customers   5,952 5,028
Other   19,183 104,670 19,882
Total Receipts from Operating Activities   1,033,928 1,118,295 1,205,094
         
Payments        
Employee   542,570 551,238 497,483
Superannuation   72,068 69,116 65,740
Supplies and Services   296,813 296,432 254,897
Grants and Purchased Services   80,159 76,920 243,608
Goods and Services Tax Paid to Suppliers   53,131 63,973
Borrowing Costs   375 401 415
Other   30,344 112,660 25,789
Total Payments from Operating Activities   1,075,460 1,106,767 1,151,905
Net Cash (Outflows)/Inflows from Operating Activities 41 (41,532) 11,528 53,189
         
Cash Flows from Investing Activities        
Receipts        
Proceeds from Sale of Property, Plant and Equipment   2,438 1,397
Total Receipts from Investing Activities   2,438 1,397
Payments        
Purchase of Property, Plant and Equipment   128,584 247,996 64,548
Payments for Capital Works   18,200 111,634
Total Payments from Investing Activities   146,784 247,996 176,182
Net Cash (Outflows) from Investing Activities   (144,346) (247,996) (174,785)

 

 

  Note No. Actual 2013
$’000
Original Budget 2013
$’000
Actual 2012
$’000
Cash Flows from Financing Activities        
Receipts        
Capital Injections   129,968 237,882 162,803
Total Receipts from Financing Activities   129,968 237,882 162,803
Payments        
Repayment of Finance Leases   3,907 1,452 2,426
Total Payments from Financing Activities   3,907 1,452 2,426
Net Cash Inflows from Financing Activities   126,061 236,430 160,377
Net (Decrease)/Increase in Cash and Cash Equivalents   (59,817) (38) 38,781
Cash and Cash Equivalents at the Beginning of the
Reporting Period
  69,379 1,560 30,598
Cash and Cash Equivalents at the End of the Reporting Period 41 9,562 1,522 69,379
The above Cash Flow Statement should be read in conjunction with the accompanying notes.

 

Health Directorate Controlled Statement of Appropriation For the Year Ended 30 June 2013

 

  Original Budget
2013
$’000
Total Appropriated 2013
$’000
Appropriation Drawn
2013
$’000
Appropriation Drawn
2012
$’000
Controlled        
Government Payment for Outputs 365,860 377,387 364,256 904,170
Capital Injections 237,882 255,318 129,968 162,803
Total Controlled Appropriation 603,742 632,705 494,224 1,066,973
The above Controlled Statement of Appropriation should be read in conjunction with the accompanying notes.

 

Column Heading Explanations

The Original Budget column shows the amounts that appear in the Cash Flow Statement in the Budget Papers.

This amount also appears in the Cash Flow Statement.

The Total Appropriated column is inclusive of all appropriation variations occurring after the Original Budget.

The Appropriation Drawn is the total amount of appropriation received by the Directorate during the year.

This amount appears in the Cash Flow Statement.

Variances between ‘Original Budget’ and ‘Total Appropriated’

Government Payment for Outputs

The difference between the Original Budget and Total Appropriated to the Directorate is due to the re‑appropriation in 2012‑13 of unspent Commonwealth Government funding from 2011‑12 and increased Commonwealth Government funding for programs including Essential Vaccines, Long Stay Older Patients and Preventable Health.

Capital Injections

The difference between the Original Budget and Total Appropriated in 2012‑13 is due to the Section 16b capital injection reconciliation instrument of $17.436m from 2011‑12. The Section 16b instrument is used to move the balance of capital injection from the end of one year into the following financial year.

Variances between ‘Total Appropriated’ and ‘Appropriated Drawn’

Government Payment for Outputs

The difference between the Total Appropriated and Appropriated Drawn is due to the movement of funding from 2012‑13 into 2013‑14 mainly due to delays in the National Health Reform and Preventable Health programs. The deferrals in part relate to delays in refurbishment work before facilities could become operational.

Capital Injections

The difference between the Total Appropriated and Appropriation Drawn in 2012‑13 is due to the deferral of capital works projects from 2012‑13 to 2013‑14 and 2014‑15. The main reasons for the deferral of capital works projects from 2012‑13 into future years was prolonged lease negotiations for vacant space to be used as temporary accommodation, procurement delays due to structural and manufacturing issues, development application approval delays, delays in appointment of principal consultants, and operational commissioning delays.

Health Directorate Controlled Note Index

 

 

Health Directorate Territorial Financial Statements for the year ended 30 June 2013

Health Directorate Statement of Income and Expenses on Behalf of the Territory For the Year Ended 30 June 2013

 

  Note
No.
Actual
2013
$’000
Original Budget
2013
$’000
Actual
2012
$’000
Income        
Revenue        
Payments for Expenses on Behalf of the Territory 45 746 746 986
Fees 46 1,094 693 794
Total Revenue   1,840 1,439 1,780
Total Income   1,840 1,439 1,780
         
Expenses        
Grants and Purchased Services 47 746 746 727
Transfer to the ACT Government 48 1,094 693 794
Total Expenses   1,840 1,439 1,521
         
Operating Surplus   259
         
Total Comprehensive Surplus   259
         
The above Statement of Income and Expenses on Behalf of the Territory should be read in conjunction with the
accompanying notes.

 

Liabilities on behalf of the Territory As at 30 June 2013

 

  Note No. Actual
2013
$’000
Original Budget
2013
$’000
Actual
2012
$’000
Current Assets        
Cash and Cash Equivalents 49 295 294 300
Receivables 50 5 6
Total Current Assets   300 300 300
Total Assets   300 300 300
         
Non-Current Liabilities        
Advance from the Territory Banking Account 51 300 300 300
Total Liabilities   300 300 300
         
Net Assets  
         
Equity        
Accumulated Surplus/(Deficits)  
         
Total Equity  
         
The above Statement of Assets and Liabilities on Behalf of the Territory should be read in conjunction with the
accompanying notes.

 

Health Directorate Statement of Changes in Equity on Behalf of the Territory For the Year Ended 30 June 2013

 

  Accumulated Funds
2013
$’000
Total
Equity
2013
$’000
Original Budget
2013
$’000
Balance at the Beginning of the Reporting Period
       
Comprehensive Income      
Operating (Deficit)
Total Comprehensive Income
       
Transactions Involving Owners Affecting Accumulated Funds      
Total Transactions Involving Owners Affecting Accumulated Funds
Balance at the End of the Reporting Period
       
The above Statement of Changes in Equity on Behalf of the Territory should be read in conjunction with the accompanying notes.
    Accumulated
(Deficits)/Funds
2012
$’000
Total
Equity
2012
$’000
Balance at the Beginning of the
Reporting Period
  (259) (259)
       
Comprehensive Income      
Operating Surplus   259 259
Total Comprehensive Income   259 259
Balance at the End of the Reporting Period  
       
The above Statement of Changes in Equity on Behalf of the Territory should be read in conjunction with the accompanying notes.

 

Health Directorate Cash Flow Statement on Behalf of the Territory For the Year Ended 30 June 2013

 

  Note No. Actual
2013
$’000
Original Budget
2013
$’000
Actual
2012
$’000
Cash Flows from Operating Activities        
Receipts        
Cash from the ACT Government for Expenses on
Behalf of the Territory
  746 746 986
Fees   1,094 693 794
Other Receipts   69 75 78
Total Receipts from Operating Activities   1,909 1,514 1,858
         
Payments        
Grants and Purchased Services   746 746 727
Transfer of Territory Receipts to the ACT Government   1,094 693 794
Other   74 75 73
Total Payments from Operating Activities   1,914 1,514 1,594
Net Cash (Outflows)/Inflows From Operating Activities   (5) 264
         
Net (Decrease)/Increase in Cash 52 (5) 264
         
Cash and Cash Equivalents at the Beginning of the Reporting Period   300 294 36
         
Cash and Cash Equivalents at the End of the Reporting Period 52 295 294 300
         
The above Cash Flow Statement on Behalf of the Territory should be read in conjunction with the accompanying notes.

 

Health Directorate Territorial Statement of Appropriation For the Year Ended 30 June 2013

 

  Original Budget
2013
$’000
Total Appropriated
2013
$’000
Appropriation Drawn
2013
$’000
Appropriation Drawn
2012
$’000
Territorial        
Expenses on Behalf of the Territory 746 746 746 986
Total Territorial Appropriation 746 746 746 986
         
The above Territorial Statement of Appropriation should be read in conjunction with the accompanying notes.

 

Column Heading Explanations

The Original Budget column shows the amounts that appear in the Cash Flow Statement in the Budget Papers.

The amount also appears in the Cash Flow Statement on Behalf of the Territory.

The Total Appropriated column is inclusive of all appropriation variations occurring after the Original Budget.

The Appropriation Drawn is the total amount of appropriation received by the Directorate during the year.

The amount also appears in the Cash Flow Statement on Behalf of the Territory.

Health Directorate Notes to and Forming Part of the Financial Statements
For the Year Ended 30 June 2013

Health Directorate Territorial Note Index