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7A. FINANCIAL PERFORMANCE


Table 4: Financial results 2010-11 to 2014-15




2011-12

$

2012-13

$

2013-14

$

2014-15

$

2015-16 $

Expenses = X

8,208,385

13,781,939

9,977,237

10,922,295

10,149,604

Revenue = Y

11,387,360

9,554,550

12,837,902

9,649,878

13,385,948

Balance = Y – X

3,178,975

-4,227,389

2,860,665

-1,272,417

3,236,344

Cumulative balance

1,848,868

-2,378,521

482,144

-790,273

2,446,072

Explain material variance

A number of factors have contributed to the financial results over the five year period:

Expenses have increased with increases in demand for cost recovered services

Administration of the legislation was strengthened over the period, particularly to manage the introduction (2011-12 and 2012-13) and repeal (2013-14 and 2014-15) of the equivalent carbon price

The majority of licences and permits issued are of two year duration which can skew the revenues and therefore accentuate annual balances from year to year



Explain impact on balance management strategy

The cumulative balance presented relates to the financial years 2010-11 to 2015-16 only. Surpluses and deficits are managed through the Ozone Protection and Synthetic Greenhouse Gas Special Account.







7B. NON-FINANCIAL PERFORMANCE


Outcome measures:

The import, export and manufacture licensing system has enabled Australian to comply with its Montreal Protocol obligations to phase out ozone depleting substances and to have in place a licensing and quota system. Australia’s obligations and outcomes are reported annually to the United Nations Environment Program.

The end use permit scheme in the refrigeration and air conditioning and fire protection industries has contributed to Australia meeting its Kyoto Protocol obligations by reducing direct emissions of synthetic greenhouse gases and reduced indirect emissions from electricity consumption by improving the energy performance of refrigeration and air conditioning equipment. A study by the Expert Group, commissioned by the Department in 2014 showed 24.67 Mt CO2e direct greenhouse gas emissions have been avoided as a result of the regulatory controls in the period 2003 to 2013.

Output Measures:

Outputs under this activity are generally not targets, rather a reflection of “demand” in accordance with the requirements of the ozone legislation, for example:



  1. Import, export and manufacturing licences

Number of and time taken for issue of licences required for the import/export/manufacture of ozone depleting substances or synthetic greenhouse gases

Number of and time taken for assessment and approval of quarterly reports – compulsory reporting of imports 4 times per annum for all holders of a licence

Number of and time taken for issue levy invoices

Disposal of seized and surrendered ODS and SGGs, including in equipment



  1. End Use licences and authorisations

Domestic licences required for handling or trading in ODS and SGGs

  1. Administration of OPSGG policy and legislation

Participation in national and international negotiations

Reporting of obligations under the Montreal Protocol and Kyoto Protocol



  1. Phase out and phase-down Programs

Development, implementation and monitoring of phase out and phase-down Programs

  1. Emission minimisation Programs

Development, implementation and monitoring of emission reduction Programs

  1. Research relating to ODS and SGGs

Research and activities supporting the Program

  1. Intelligence, monitoring, compliance and enforcement activities

Analysis and risk assessments

Responses to referrals and enquiries

Site inspections

Responses to detected breaches



Input Measures:

The Department has implemented a number of efficiencies related to import licensing including the automation of assessment of the majority of quarterly reports and related invoicing which will impact on resource level requirements. The Department will implement streamlining measures as a result of the Program Review. The implications of streamlining changes will be taken into account in a subsequent review of cost recovery arrangements.




8. KEY FORWARD DATES AND EVENTS


The key forward dates and events for the cost recovered activity are:

  • Forward estimates are next scheduled to be updated in December 2016

  • Implementation of measures from the Program Review by January 2018.






9. CRIS APPROVAL AND CHANGE REGISTER


Date of CRIS change

CRIS change

Approver

Basis for change

30/06/2015

Certification of the CRIS

Department of the Environment

Implementation of new cost recovery implementation statement template

30/06/2015

Agreement to the CRIS

Department of the Environment

Implementation of new cost recovery implementation statement template

8/12/2016

Approval

First Assistant Secretary, Environment Standards Division

Regular update, 2016-17














Attachment A



Attachment B



Attachment C




Attachment D





1 The CRGs are available on the Department of Finance website (www.finance.gov.au).

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