2014-15 Annual Report - Part 3.6 Discussion on 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 2015, ARPANSA reported an operating deficit of $1.64m. This deficit is attributed to depreciation and amortisation expense not requiring appropriation.

Revenue for the year totalled $24.1m, of which 55% was 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 $25.8m. Approximately 61% of these expenses are attributed to employee benefits.

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 1: 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

2014–15
$'000 (a)

Actual Expenses
2014–15
$'000 (b)
Variation

2014–15
$'000 (a)-(b)

Program 1.1: (Radiation protection and nuclear safety)      
Departmental expenses      
   Ordinary annual services (Appropriation Bill No. 1) 13 258 11 967 1 291
   Special Accounts 10 046 11 489 (1 443)
   Expenses not requiring appropriation in the Budget year1 2 171 2 333 (162)
   Operating Loss 536 - 536
   Total for Program 1.1 26 011 25 789 222
Total for Outcome 26 011 25 789 222
       
  2013–14 2014–15  
Average staffing level (FTE) 125 128  
1 Appropriation Bill (No. 1) 2014-15

 

 

Table 2: ARPANSA Resource Statement – 2013–14
  Actual Available
Appropriation
for 2014–15
$'000
(a)
Payments
Made
2014–15
$'000
(b)
Balance
Remaining
2014–15
$'000
(a-b)
Ordinary Annual Services1
Department appropriation
     
   Prior year departmental appropriation2 1 644 1 644 -
   Departmental appropriation3 15 256 12 317 2 939
   Total 16 900 13 961 2 939
       
Total ordinary annual services 16 900 13 961  
Other services4
Departmental non-operating
     
   Equity injections - 1 225 (1 225)
   Total - 1 225 (1 225)
Total other services - 1 225  
Special Accounts5      
   Opening balance 1 395    
   Appropriation receipts6 15 186    
   Non-appropriation receipts to Special Accounts 12 314    
   Payments made   27 384  
Total Special Account 28 896 27 384 1 511
Total resourcing 45 795 42 570  
   Less departmental appropriations and equity
   injections drawn from the above and
   credited to special accounts
(15 186) (15 186)  
Total net resourcing for ARPANSA 30 609 27 384  
1Appropriation Bill (No.1) 2014-15.
2Balance carried forward from previous year for annual appropriations.
3Includes an amount of $1.644 million in 2014-15 for Departmental Capital Budget. For accounting purposes this amount has been designated as ‘contributions by owner’'.
4Appropriation Bill (No.2) 2014-15.
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 2014-15 included above.