Budget portfolio outcomes Comprehensive operating statement for the year ended 30 June 2017 201617 201617 Controlled actual budget Variation $m $m % Income from transactions 353.2 258.5 36.6 Output appropriations 1.3 1.7 (24.6) Interest 180.2 163.6 10.2 Sale of goods and services 3.3 n/a Grants – Fair value of assets and services received free of charge or for 0.2 n/a – nominal consideration 24.9 30.4 (18.1) Other income 563.1 454.2 24.0 income from transactions Expenses from transactions 206.4 200.5 2.9 Employee benefits 36.8 42.5 (13.4) Depreciation 0.2 (100.0) – Interest expense 10.9 5.5 98.6 Grants and other transfers 21.8 21.8 – Capital asset charge 274.1 171.8 59.6 Other operating expenses (a) 550.1 442.3 24.4 Total expenses from transactions 13.0 11.9 9.4 Net result from transactions Other economic flows included in net result 0.1 (7.1) (101.6) Net gain/(loss) on nonfinancial assets Net gain/(loss) on financial instruments and statutory (0.3) (100.0) – receivables/payables 1.5 n/a – Other gains/(losses) from other economic flows 1.6 (7.4) (122.1) Total other economic flows included in net result 14.7 4.5 225.6 Net result 251.9 29.7 747.1 Other economic flows other comprehensive income (b) – 266.5 34.2 678.6 Comprehensive result (a) increase is attributable to a provision to remediate a land site. (b) increase driven by completion of the fiveyear cyclical revaluation in 201617. Budget portfolio outcomes Balance sheet as at 30 June 2017 2017 2017 Controlled actual budget Variation $m $m % Financial assets 92.8 98.6 (5.9) Cash and deposits 297.2 224.0 32.7 Receivables 35.0 n/a Other financial assets – 425.0 322.6 31.7 financial assets Nonfinancial assets 8.9 n/a Inventories –
Budget portfolio outcomes Comprehensive operating statement for the year ended 30 June 2017 Controlled 201617 actual 201617 budget Variation $m $m % Income from transactions Output appropriations 353.2 258.5 36.6 Interest 1.3 1.7 (24.6) Sale of goods and services 180.2 163.6 10.2 Grants 3.3 – n/a Fair value of assets and services received free of charge or for nominal consideration 0.2 – n/a Other income 24.9 30.4 (18.1) income from transactions 563.1 454.2 24.0 Expenses from transactions Employee benefits 206.4 200.5 2.9 Depreciation 36.8 42.5 (13.4) Interest expense – 0.2 (100.0) Grants and other transfers 10.9 5.5 98.6 Capital asset charge 21.8 21.8 – Other operating expenses (a) 274.1 171.8 59.6 Total expenses from transactions 550.1 442.3 24.4 Net result from transactions 13.0 11.9 9.4 Other economic flows included in net result Net gain/(loss) on nonfinancial assets 0.1 (7.1) (101.6) Net gain/(loss) on financial instruments and statutory receivables/payables – (0.3) (100.0) Other gains/(losses) from other economic flows 1.5 – n/a Total other economic flows included in net result 1.6 (7.4) (122.1) Net result 14.7 4.5 225.6 Other economic flows – other comprehensive income (b) 251.9 29.7 747.1 Comprehensive result 266.5 34.2 678.6 (a) increase is attributable to a provision to remediate a land site. (b) increase driven by completion of the fiveyear cyclical revaluation in 201617. Budget portfolio outcomes Balance sheet as at 30 June 2017 Controlled 2017 actual 2017 budget Variation $m $m % Financial assets Cash and deposits 92.8 98.6 (5.9) Receivables 297.2 224.0 32.7 Other financial assets 35.0 – n/a financial assets 425.0 322.6 31.7 Nonfinancial assets Inventories 8.9 – n/a
DTF-Annual-Report-2016-17.docx