In 2014-15 the department administered an estimated $165.8 billion in payments or around 40% of government outlays.
Statement of financial performance
The department reported an operating surplus of $65.8 million after adjustment for unfunded depreciation and amortisation and the revaluation of assets and provisions. This compares with a surplus of $132.6 million in 2013-14.
See Appendix K on page 284 for resource statements and expenses for Outcome 1, including 3 programmes.
The department was primarily funded through direct appropriation in the annual budget cycle. The department received service related revenue from other Australian Government agencies and non-government entities under service arrangements—see Table 75 on page 175.
In 2014-15 the department received total income of $4,270.7 million, comprising $4,068.7 million in government appropriation and $202.0 million from other sources—see Table 76 on page 175.
Table 76 shows that in 2014-15 the department’s income increased slightly by $39.3 million or 0.9% compared to the previous year. This was the net result of an increase of $110.5 million in appropriation revenue and a reduction of $71.2 million in own source income. Figure 8 on page 176 shows a comparison of income and expenses over the past 3 years.
|Government agencies and other entities||$ million|
|Australian Electoral Commission||1.4|
|Australian Taxation Office||9.9|
|Department of Foreign Affairs and Trade||7.1|
|Department of Health||23.0|
|Department of Immigration and Border Protection||1.0|
|Department of the Prime Minister and Cabinet||2.9|
|Department of Social Services||62.0|
|Department of Veterans' Affairs||29.8|
|Other agencies (amounts less than $1.0 million from other government agencies)||3.9|
1. Financial and other data in this annual report has been rounded to the nearest decimal point. This may lead to minor differences between numbers.…
The department’s expenses in 2014-15 totalled $4,432.6 million compared to $4,341.3 million in 2013-14.
In 2014-15 staff expenses were $2,805.5 million and supplier expenses were $1,369.9 million.
|% change since
- 1. Financial and other data in this annual report has been rounded to the nearest decimal point. This may lead to minor differences between numbers.
- 2. Where relevant, comparative numbers have been restated to align with changes in accounting practices.
Figure 8: Income and expenses
Statement of financial position
The total equity of the department at 30 June 2015 was $671.4 million, representing contributed equity of $1,430.6 million, reserves of $95.4 million and accumulated deficit of $854.5 million.
The department’s total assets increased by 7.3% to $2,048.4 million at 30 June 2015.
The department’s total liabilities increased by 7.7% to $1,377.0 million at 30 June 2015.
|% change since
Figure 9: Equity, assets and liabilities
In 2014-15 the department collected and transferred $1.5 billion child support payments between separated parents for the support of their children. The department also administered the BasicsCard and the Community Innovation through Collaboration Programme and recognised $24.2 million dividends and competitive neutrality payments on behalf of the Australian Government from Australian Hearing.