Australian Maritime Safety Authority
Section 3: Explanatory tables and budgeted financial statements
Estimates of special account flows and balances
AMSA does not maintain special accounts.
3.2.1: Analysis of budgeted financial statements
The 2017–18 budgeted operating loss of $14.7 million remains unchanged.
AMSA's budgeted financial statements over the forward estimates have been adjusted to include funding for the National System for Domestic Commercial Vessel Safety.
In addition, the forward estimates have been adjusted to take into account the effect of indexation adjustments and efficiency dividend. AMSA has absorbed the increase within those affected activities and has maintained budgeted financial statements over the forward estimates in accordance with the 2017–18 PB Statements.
There are further changes to AMSA's budgeted financial statements to reflect updated opening balance actuals.