Part 3: Report on Performance - 3.6 Discussion and analysis of financial performance
Report on performance
For the financial year ending 30 June 2014, ARPANSA reported an operating deficit of $1.26m. This deficit is attributed to $2.27m depreciation and amortisation expense not requiring appropriation. The underlying result is therefore a surplus of $1.0m; which is a solid result for the Agency.
Revenue for the year remained unchanged from the previous year of $25.1m, 55% of which is appropriated by government. The remaining amounts related to regulatory licence fees and charges and from the sale of goods and services.
ARPANSA's expenses totalled $26.4m, which was a $1.0m reduction on the previous year. Approximately 65% of the Agency's expenses are attributable to Employee benefits. The component of Non-Employee benefits is the area where greatest reduction occurred; with an across the board decrease in discretionary expenditure.
The Agency will continue to implement initiatives it commenced during this financial year to ensure the ongoing efficiency and effectiveness by which it delivers its program, to ensure it operates within its financial resource base.
|Table 2: ARPANSA Expenses for Outcome 1|
Protection of people and the environment through radiation protection and nuclear safety research, policy, advice, codes, standards, services and regulation
|Program 1.1: (Radiation protection and nuclear safety)|
|Departmental appropriation²||13 813||13 813||-|
|Special Accounts||10 046||10 277||(231)|
|Expenses not requiring appropriation in the Budget year||2 171||2 273||(102)|
|Subtotal for Program 1.1||26 244||26 363||(119)|
|Total for Outcome||26 244||26 363||(119)|
|Average staffing level (FTE)||142||125|
|* Full year budget, including any subsequent adjustment made to the 2012–13 Budget.|
|Table 3: ARPANSA Resource Statement – 2013–14|
|Ordinary Annual Services1|
|Prior year departmental appropriation2||1 086||1 086||-|
|Departmental appropriation3||15 757||14 113||1 644|
|Total||16 843||15 199||1 644|
|Total ordinary annual services||16 843||15 199|
|Equity injections||2 500||1 275||1 225|
|Total||2 500||1 275||1 225|
|Total other services||2 500||1 275|
|Opening balance||1 000|
|Appropriation receipts6||16 474|
|Non-appropriation receipts to Special Accounts||11 126|
|Payments made||27 205|
|Total Special Account||28 600||27 205||1 395|
|Total resourcing||47 943||43 679|
| Less departmental appropriations and equity|
injections drawn from the above and
credited to special accounts
|(16 474)||(16 474)|
|Total net resourcing for ARPANSA||31 469||27 205|
|1Appropriation Bill (No.1) 2013–14 and Appropriation Bill (No.5) 2013–14.|
2 Balance carried from previous year for annual appropriations.
3Includes an amount of $1.944 million in 2013–14 for Departmental Capital Budget. For accounting purposes this amount has been designated as 'contributions by owner'.
4Appropriation Bill (No.2) 2013–14.
5Does not include 'Special Public Money' held in accounts like Other Trust Monies accounts. Services for other Government and Non-agency Bodies accounts, or Services for Other Entities and Trust Moneys Special accounts.
6Appropriation receipts from ARPANSA's annual and special appropriations for 2013–14 included above.