Appropriation balances carried forward are retained to cover employee provisions and supplier payables, and for the management of the accounting treatment of the building lease. The increase in supplier payables reflects the rent payable liability increasing over the Budget and forward years due to the requirement for lease payments under an operating lease to be recognised as an expense on a straight-line basis over the lease term. Budgeted Departmental Statement of Cash Flows The cash flow is consistent with, and representative of, the transactions reported in the Comprehensive Income Statement (Table 3.1), adjusted for non-cash items and anticipated capital purchases. Departmental Capital Budget Statement The Departmental Capital Budget Statement (Table 3.5) shows the budgeted capital works program for the Budget and forward estimate years, including the purchase of new assets as well as replacement of existing assets. 3.2.1 Table 3.1: Comprehensive income statement (showing net cost of services) for the period ended 30 June From 2010-11, the Government introduced net cash appropriation arrangements Bill 1 revenue appropriations for the depreciation/amortisation expenses of non-corporate Commonwealth entities (and select corporate Commonwealth entities) were replaced with a separate capital budget (the Departmental Capital Budget, or DCB) provided through Bill 1 equity appropriations. For information regarding DCBs, please refer to Table 3.5 Departmental Capital Budget Statement. Prepared on Australian Accounting Standards basis. 3.2: Budgeted departmental balance sheet (as at 30 June) * is the residual interest in assets after deduction of liabilities. ‘Equity’ Prepared on Australian Accounting Standards basis. 3.3: Departmental statement of changes in equity summary of movement — (Budget year 2016-17) Prepared on Australian Accounting Standards Table 3.4: Budgeted departmental statement of cash flows (for the period ended 30 June) Prepared on Australian Accounting Standards basis.
Appropriation balances carried forward are retained to cover employee provisions and supplier payables, and for the management of the accounting treatment of the building lease. The increase in supplier payables reflects the rent payable liability increasing over the Budget and forward years due to the requirement for lease payments under an operating lease to be recognised as an expense on a straight-line basis over the lease term. Budgeted Departmental Statement of Cash Flows The cash flow is consistent with, and representative of, the transactions reported in the Comprehensive Income Statement (Table 3.1), adjusted for non-cash items and anticipated capital purchases. Departmental Capital Budget Statement The Departmental Capital Budget Statement (Table 3.5) shows the budgeted capital works program for the Budget and forward estimate years, including the purchase of new assets as well as replacement of existing assets. 3.2.1 Table 3.1: Comprehensive income statement (showing net cost of services) for the period ended 30 June From 2010-11, the Government introduced net cash appropriation arrangements Bill 1 revenue appropriations for the depreciation/amortisation expenses of non-corporate Commonwealth entities (and select corporate Commonwealth entities) were replaced with a separate capital budget (the Departmental Capital Budget, or DCB) provided through Bill 1 equity appropriations. For information regarding DCBs, please refer to Table 3.5 Departmental Capital Budget Statement. Prepared on Australian Accounting Standards basis. 3.2: Budgeted departmental balance sheet (as at 30 June) * ‘Equity’ is the residual interest in assets after deduction of liabilities. Prepared on Australian Accounting Standards basis. 3.3: Departmental statement of changes in equity — summary of movement (Budget year 2016-17) Prepared on Australian Accounting Standards Table 3.4: Budgeted departmental statement of cash flows (for the period ended 30 June) Prepared on Australian Accounting Standards basis.
2016-17-pmc-portfolio-budget-statements.docx