DTF operating statement estimates ($ million) Net result from continuing 2018-19 2019-20 2020-21 2021-22 operations Income from transactions Output appropriations 349.2 330.8 324.9 325.0 Sales of goods and services 14.8 14.8 14.8 14.8 Other income 34.9 35.1 34.2 34.2 Total income from 398.9 380.7 373.9 374.0 transactions Expenses from transactions Employee benefits 153.2 157.5 154.8 154.9 Depreciation and amortisation 25.0 22.8 22.9 23.1 Interest expense 0.2 0.2 0.2 0.2 Grants and other transfers 42.6 32.6 30.7 30.7 Capital asset charge 63.0 62.9 62.8 62.4 operating expenses 110.0 99.8 97.6 97.8 Total expenses from 394.0 375.8 369.0 369.1 transactions(a) Net result from transactions 4.9 4.9 4.9 4.9 (net operating balance) (a) Source: Department of Treasury and Finance, as at 25 May 2018. This table includes the financial estimates for the State Revenue Office and the Essential Services Commission. Assets DTF acts as the landlord, on behalf of the owner the Minister for Finance, for 17 office buildings across metropolitan Melbourne and regional Victoria. This office space provides 92 847m2 of net lettable area and is tenanted by a variety of departments and agencies. Rental income from these properties is deposited into the Government Accommodation Trust, which is used to fund costs associated with these buildings. DTF asset management strategies address ongoing maintenance and long-term investments in asset renewals, with the target of delivering fit-for-purpose accommodation for public servants in a cost-effective and sustainable manner.
DTF operating statement estimates ($ million) Net result from continuing operations 2018-19 2019-20 2020-21 2021-22 Income from transactions Output appropriations 349.2 330.8 324.9 325.0 Sales of goods and services 14.8 14.8 14.8 14.8 Other income 34.9 35.1 34.2 34.2 Total income from transactions 398.9 380.7 373.9 374.0 Expenses from transactions Employee benefits 153.2 157.5 154.8 154.9 Depreciation and amortisation 25.0 22.8 22.9 23.1 Interest expense 0.2 0.2 0.2 0.2 Grants and other transfers 42.6 32.6 30.7 30.7 Capital asset charge 63.0 62.9 62.8 62.4 operating expenses 110.0 99.8 97.6 97.8 Total expenses from transactions(a) 394.0 375.8 369.0 369.1 Net result from transactions (net operating balance) 4.9 4.9 4.9 4.9 (a) Source: Department of Treasury and Finance, as at 25 May 2018. This table includes the financial estimates for the State Revenue Office and the Essential Services Commission. Assets DTF acts as the landlord, on behalf of the owner the Minister for Finance, for 17 office buildings across metropolitan Melbourne and regional Victoria. This office space provides 92 847m2 of net lettable area and is tenanted by a variety of departments and agencies. Rental income from these properties is deposited into the Government Accommodation Trust, which is used to fund costs associated with these buildings. DTF asset management strategies address ongoing maintenance and long-term investments in asset renewals, with the target of delivering fit-for-purpose accommodation for public servants in a cost-effective and sustainable manner.
dtf_corporate_plan_2018-22.docx