2014-15 Annual Report - Part 3.6 Discussion on financial performance

ARPANSA - Annual Report of the Chief Executive Officer - 2014-15 - Part 3.6: Discussion 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 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.