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2013-14 Annual Report - Discussions and analysis of financial performance

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
Outcome 1:
Protection of people and the environment through radiation protection and nuclear safety research, policy, advice, codes, standards, services and regulation
Budget¹

2013–14
$'000 (a)

Actual Expenses
2013–14
$'000 (b)
Variation

2013–14
$'000 (a)-(b)

Program 1.1: (Radiation protection and nuclear safety)      
Departmental Expense      
   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)
Operating Loss 214 - 214
Subtotal for Program 1.1 26 244 26 363 (119)
Total for Outcome 26 244 26 363 (119)
       
  2012–13 2013–14  
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
  Actual Available
Appropriation
for 2013–14
$'000
(a)
Payments
Made
2013–14
$'000
(b)
Balance
Remaining
2013–14
$'000
(a-b)
Ordinary Annual Services1
Department appropriation
     
   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  
Other services4
Departmental non-operating
     
   Equity injections 2 500 1 275 1 225
   Total 2 500 1 275 1 225
Total other services 2 500 1 275  
Special Accounts5      
   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.