Department of Infrastructure, Transport, Regional Development and Communications

Table 3.2: Comprehensive income statement (showing net cost of services) (for the period ended 30 June)

2018–19
Actual

$'000
2019–20
Revised
budget
$'000
2020–21
Forward
estimate
$'000
2021–22
Forward
estimate
$'000
2022–23
Forward
estimate
$'000
EXPENSES
Employee benefits 196,115 198,491 206,158 206,076 205,574
Suppliers 139,899 115,583 80,377 58,661 53,633
Grants 4,983 43,191 - - -
Depreciation and amortisation 12,070 33,877 36,468 36,638 36,963
Finance costs 4 3,393 2,950 2,491 2,008
Write-down and impairment of assets 169 - - - -
Other 417 - - - -
Total expenses 353,657 394,535 325,953 303,866 298,178
LESS:
OWN-SOURCE INCOME
Own-source revenue
Sale of goods and rendering of services 9,615 3,600 3,670 3,740 3,814
Sublease income 1,991 1,954 1,954 1,954 1,954
Other revenue 2,437 7,012 6,666 5,754 5,216
Total own-source revenue 14,043 12,566 12,290 11,448 10,984
Gains
Other gains 905 415 415 415 415
Total gains 905 415 415 415 415
Total own-source income 14,948 12,981 12,705 11,863 11,399
Net (cost of)/contribution by services (338,709) (381,554) (313,248) (292,003) (286,779)
Revenue from Government 317,792 365,675 294,954 274,300 269,748
Surplus/(deficit) attributable to the Australian Government (20,917) (15,879) (18,294) (17,703) (17,031)
OTHER COMPREHENSIVE INCOME
Changes in asset revaluation reserves 66 - - - -
Total other comprehensive income 66 - - - -
Total comprehensive income/(loss) attributable to the Australian Government (20,851) (15,879) (18,294) (17,703) (17,031)
Note: Impact of net cash appropriation arrangements
2018–19
$'000
2019–20
$'000
2020–21
$'000
2021–22
$'000
2022–23
$'000
Total comprehensive income/(loss) less depreciation/amortisation expenses previously funded through revenue appropriations (8,781) 31 - - -
less depreciation/amortisation expenses previously funded through revenue appropriations (a) 12,070 12,649 16,092 16,411 16,795
less depreciation/amortisation expenses for Right Of Use (ROU) (b) - 21,228 20,376 20,227 20,168
add principal repayments on leased assets (b) - 17,967 18,174 18,935 19,932
Total comprehensive income/(loss)—as per statement of comprehensive income (20,851) (15,879) (18,294) (17,703) (17,031)

Prepared on Australian Accounting Standards basis.

Notes:

  1. From 2010–11, the Government introduced net cash appropriation arrangements where Appropriation Act No. 1 or Bill No. 3 revenue appropriations for the depreciation/amortisation expenses of non-corporate Commonwealth entities were replaced with a separate capital budget (the Departmental Capital Budget, or DCB) provided through Appropriation Act No. 1 or Bill No. 3 equity appropriations. For information regarding DCBs, please refer to Table 3.6 Departmental Capital Budget Statement.
  2. Applies to lease arrangements under AASB 16 Leases.

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