Publications archive - Budget statements
Key departmental publications, e.g. annual reports, budget papers and program guidelines are available in our online archive.
Much of the material listed on these archived web pages has been superseded, or served a particular purpose at a particular time. It may contain references to activities or policies that have no current application. Many archived documents may link to web pages that have moved or no longer exist, or may refer to other documents that are no longer available.
Environment and Heritage Portfolio
Budget Initiatives and Explanations of Appropriations 2003-2004
Budget Related Paper No. 1.7
© Commonwealth of Australia 2003
ISSN 1448 - 1219 (Online), 1448 - 1200 (Print)
The budgeted departmental financial statements for the Director of National Parks are presented in this section. Information from the budgeted financial statements forms part of the financial statements that will appear in the Director of National Parks 2003-2004 Annual Report, and is also required as input into the Whole of Government Accounts.
This statement provides a picture of the expected financial results for the Director of National Parks by identifying full accrual expenses and revenues and capital use charge (which ceases after 2002-2003), and highlights whether the Director of National Parks is operating at a sustainable level.
This statement shows the financial position of the Director of National Parks. It helps decision makers to track the management of the Director of National Parks' assets and liabilities.
Budgeted cash flows, as reflected in the statement of cash flows, provide important information on the extent and nature of cash flows by categorising them into expected cash flows from operating activities, investing activities and financing activities.
Shows all planned capital expenditure (capital expenditure on non-financial assets), whether funded either through capital appropriations for additional equity or borrowings, or from funds from internal sources.
Shows budgeted acquisitions and disposals of non-financial assets during the budget year.
|REVENUES FROM ORDINARY ACTIVITIES|
|Revenues from Government||2||45,916||34,267||35,293||36,617||37,954|
|Sales of goods and services||10,275||11,420||16,220||17,031||17,883|
|Total revenues from ordinary activities||60,569||50,015||55,841||57,976||60,165|
|EXPENSES FROM ORDINARY|
|ACTIVITIES (excluding borrowing costs expense)|
|Depreciation and amortisation||10,441||10,441||10,441||10,441||10,441|
|Total expenses from ordinary activities
(excluding borrowing costs expense)
|Net Surplus or (deficit) from ordinary activities||8,551||(2,830)||294||1,309||1,770|
|Capital Use Charge payable||1(c)||(11,516)||0||0||0||0|
|Net Surplus or (deficit)||(2,965)||(2,830)||294||1,309||1,770|
|Net Surplus or Deficit attributable to the
|Net credit (debit) to asset revaluation reserve||0||0||0||0||0|
|Total revenues, expenses and valuation
adjustments attributable to members of the
parent entity and recognised directly in equity
|Total financial assets||13,481||13,066||14,314||15,754||17,662|
|Land and buildings||51,362||50,162||47,262||47,362||44,462|
|Infrastructure, plant and equipment||44,806||43,619||45,749||45,708||48,667|
|Total Non-financial assets||96,473||94,086||93,316||93,375||93,434|
|Interest bearing liabilities|
|Parent entity Interest|
|Retained surpluses or accumulated deficits||67,232||64,402||64,696||66,005||67,775|
|Total parent entity interest||101,723||98,893||99,187||100,496||102,266|
|Total assets and liabilities by maturity|
|Appropriations for outputs||45,916||34,267||35,293||36,617||37,954|
|Sales of goods and services||10,790||11,420||16,220||17,031||17,883|
|Total cash received||58,006||46,937||52,763||54,898||57,087|
|Total cash used||42,237||39,648||42,344||43,458||45,179|
|Net cash from operating activities||15,769||7,289||10,419||11,440||11,908|
|Proceeds from sale of property, plant|
|Total Cash Received||500||500||500||500||500|
|Purchase of property, plant and equipment||8,275||8,054||9,671||10,500||10,500|
|Total cash used||8,458||8,204||9,671||10,500||10,500|
|NET CASH FROM INVESTING ACTIVITIES||(7,958)||(7,704)||(9,171)||(10,000)||(10,000)|
|Total Cash Received||0||0||0||0||0|
|Capital use charge paid||11,516||0||0||0||0|
|Total Cash Used||11,516||0||0||0||0|
|NET CASH FROM FINANCING ACTIVITIES||(11,516)||0||0||0||0|
|Net increase/decrease in cash held||(3,705)||(415)||1,248||1,440||1,908|
|Cash at the beginning of the reporting period||16,786||13,081||12,666||13,914||15,354|
|Cash at the end of the reporting period||13,081||12,666||13,914||15,354||17,262|
|Total equity injections|
|Purchase of non-current assets|
|Purchase of non-current assets|
|Funded by capital appropriations|
|Funded internally by departmental resources||8,275||8,054||9,671||10,500||10,500|
|Military||Plant and||and cultural||Computer||Other|
|Carrying amount at the start of the year||8,345||43,017||0||44,806||0||0||0||96,168|
|Recoverable Amount Write-Downs|
|Net Transfers free of Charge|
|Write-off of Assets|
|Carrying amount at the end of the year||8,345||41,817||0||43,619||0||0||0||93,781|
|* TOTAL ADDITIONS|
Under the Commonwealth's accrual budgeting framework, and consistent with Australian Accounting Standards, transactions that agencies control (departmental transactions) are separately budgeted for and reported on from transactions over which agencies do not have control (administered transactions). This ensures that agencies are only held fully accountable for the transactions over which they have control.
Under the Commonwealth's accrual budgeting framework, separate annual appropriations are provided for:
Special appropriations exist under the accrual appropriation framework, and fund the majority of payments from the Consolidated Revenue Fund.
The Government has agreed to discontinue the Capital Use Charge from 1 July 2003.
Each Commonwealth Department is required to show an administered investment in each Commonwealth Authority and Company Act entity within their portfolio. These administered investments should be valued at the Commonwealth's ownership interest in the net assets of those CAC entities, fixed at a notional acquisition date of 30 June 1997.
From 1 July 2002 Commonwealth agencies and authorities are required to use either the cost basis or the fair value basis to measure Property, Plant and Equipment. The shift from the deprival method of valuation to fair value should occur gradually over a three-year period. Fair value essentially reflects the current market value of an asset. See guidance from the Department of Finance and Administration on how to calculate fair value.
2. There is no direct appropriation from Government to the Director of National Parks. Funds will be appropriated directly to the Department of the Environment and Heritage and transferred to the Director of National Parks.