Section 3 presents explanatory tables and budgeted financial statements, which provide a comprehensive snapshot of agency finances for the 2011–12 budget year. It explains how budget plans are incorporated into the financial statements and provides further details of the reconciliation between appropriations and program expenses, movements in administered funds, special accounts and government Indigenous expenditure.
3.1 Explanatory tables
EOWA does not have any administered expenses.
3.1.2 Special accounts
EOWA does not have any special accounts.
3.1.3 Australian Government Indigenous expenditure
EOWA does not have any Australian Government Indigenous expenditure.
3.2 Budgeted financial statements 3.2.1 Differences in agency resourcing and financial statements
EOWA has no differences in agency resourcing and financial statements.
3.2.2 Analysis of budgeted financial statements
EOWA’s income statement shows a balanced budget for 2011–12 after taking account of the net cash funding arrangements whereby asset replacement is funded through a capital appropriation rather than departmental operating appropriation.
The increase in appropriation received of $2.6 million is to fund the Government’s commitment to strengthen the EOWA Act and broaden the focus to gender equality, highlighting pay equity and caring and unpaid responsibilities as key dimensions in achieving equal outcomes in the workplace.
The increase in employee and supplier expenses similarly reflects the expenditure involved in transitioning the Agency to the new arrangements.
Balance sheet
The increase in intangible asset values reflects the investment in an online reporting system, which will make reporting easier and the construction of a new website which will act as central hub in providing information to a variety of stakeholders.
3.2.3 Budgeted financial statements tables
Table 3.2.1 comprehensive income statement (showing net cost of services)
(for the period ended 30 June)
Prepared on Australian Accounting Standards basis.
Table 3.2.2: Budgeted departmental balance sheet (as at 30 June)
* ‘Equity’ is the residual interest in assets after deduction of liabilities.
Prepared on Australian Accounting Standards basis.
Table 3.2.3: Departmental statement of changes in equity—summary of movement (Budget year 2011–12)
Prepared on Australian Accounting Standards basis.
Table 3.2.4: Budgeted departmental statement of cash flows
(for the period ended 30 June)
Prepared on Australian Accounting Standards basis.
Table 3.2.5: Departmental capital budget statement
Table 3.2.6: Statement of asset movements (2011–12)
Prepared on Australian Accounting Standards basis.
Notes to the financial statements Basis of accounting Accounting Policy
The Agency budget statements have been prepared on an accrual accounting basis, having regard to the Statement of Accounting Concepts, and in accordance with:
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the Finance Minister’s Orders
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Australian Accounting Standards and Interpretations issued by the Australian Accounting Standards Board (AASB).
Departmental Items
Departmental assets, liabilities, revenues and expenses are those items that are controlled by EOWA that are used by EOWA in producing its outputs and include:
-
intangible assets, plant and equipment used in providing goods and services
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liabilities for employee entitlements
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revenue and appropriations or independent sources in payments for outputs
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employee, supplier and depreciation expenses incurred in providing agency outputs.
Aboriginal Hostels Limited
Agency resources and planned performance
Aboriginal Hostels Limited
Section 1: Agency overview and resources 197
1.1 Strategic direction statement 197
1.2 Agency resource statement 198
1.3 Budget measures 200
Section 2: Outcomes and program performance 201
2.1 Outcomes and performance information 201
Section 3: Explanatory tables and budgeted financial statements 209
3.1 Explanatory tables 209
3.2 Budgeted financial statements 211
Aboriginal Hostels Limited Section 1: Agency overview and resources
Aboriginal Hostels Limited’s (AHL) outcome is improve access to education, employment, health, and other services for Aboriginal and Torres Strait Islander people travelling and relocating, through the operation of temporary hostel accommodation services.
1.1 Strategic direction statement
AHL’s accommodation services directly benefit Indigenous people who need to access education, employment, health, housing and other services that are vital to improving quality of life and opening up opportunities. The AHL national network of accommodation facilities provides 1,720 beds every night for Indigenous people and AHL also assists community organisations to provide a further 1,034 beds.
The Board of Directors of AHL and the Executive, with support from senior staff from the Department of Families, Housing, Community Services and Indigenous Affairs, have over the last year reviewed AHL’s strategic objectives and service provision. The results include a clear set of strategic objectives, a best-practice governance framework, enhanced research and development capability and the introduction of new performance reporting measures to improve AHL’s services.
Table 1.1 shows the total resources from all sources. The table summarises how resources will be applied by outcome and by administered and departmental classification.
Table 1.1: AHL resource statement—Budget estimates for 2011–12 as at Budget May 2011
1.3 Budget measures
Budget measures relating to Aboriginal Hostels Limited are detailed in Budget Paper No. 2 and are summarised below.
Table 1.2: AHL 2011–12 Budget measures
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