Infrastructure and Project Financing Agency
Section 3: Budgeted financial statements
Section 3 presents budgeted financial statements which provide a comprehensive snapshot of IPFA's finances for the 2019–20 Budget year, including the impact of Budget measures and resourcing on financial statements.
3.1 Budgeted financial statements
3.1.1 Explanatory notes and analysis of budgeted financial statements
Budgeted departmental income statement
IPFA is budgeting for a break-even operating result, adjusted for depreciation expenses, over the budget and forward estimates period.
Budgeted departmental balance sheet
IPFA's primary liability is accrued employee entitlements.
3.2 Budgeted financial statements tables
Table 3.1: Comprehensive income statement (showing net cost of services) (for the period ended 30 June)
Table 3.5: Departmental capital budget statement (for the period ended 30 June)
This table is not provided as IPFA does not receive capital funds.