Department of Corporate and Information Services annual report 2016-17
Annual report 2016-17
Northern Territory. Department of Corporate and Information Services
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Northern Territory. Department of Corporate and Information Services -- Periodical
Northern Territory Government
Department of Corporate and Information Services annual report; Annual report
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Northern Territory Government
Annual Report 2016-17 | Department of Corporate and Information Services110 D EPARTM EN T O F CO R PO RATE AN D IN FO R M ATIO N SERVICES - FIN AN CIAL R EPO RT Financial Statement Overview For the year ended 30 June 2017 The Department of Corporate and Information Services (DCIS) overall operating financial performance for the year showed a $12.2 million surplus, which was significantly higher than both the 2016-17 final budget estimated surplus ($0.4 million) and the 2015-16 operating financial performance result ($2.7 million). This result includes some timing mismatches where income was received in 2016-17 and the related expenses will be incurred in 2017-18, which is likely to lead to a substantially different result for next year. During 2016-17 multiple changes to DCIS income, expenses and assets have been required to address emerging and changed business needs. Key changes have included: investment in major ICT projects that are being project-managed by DCIS on behalf of agencies, such as CCSRP and replacing the core policing system timing changes for payment of costs relating to some major ICT projects, including CCSRP and ASNEX, requiring income to transfer between financial years transfer of functions to DCIS for Online Services and Print Management from the Department of the Chief Minister changes in demand for DCIS services from agencies, Government Business Divisions (GBDs), Government Owned Corporations (GOCs) and employees reduced CPI and market rental rates combined with changes in agency requirements, leading to lower than anticipated property leasing costs creation of the Office of Digital Government in 2017. The impacts of the above changes, along with annual parameters and efficiency savings, are reflected in the tables that follow. Tables 1 and 2 highlight the total income and expense movements, with more details provided in subsequent commentary and analysis in Tables 3 to 5. The impact of investment decisions and recognition of assets is outlined in the financial position analysis at Table 6 and related commentary. Table 1: 2016-17 and 2015-16 Actual and Final Budget Performance Actual $000 Final Budget $000 Variation $000 2017 2016 2017 2016 2017 2016 Income 209 031 195 646 204 869 193 180 4 162 2 466 Expenses 196 874 192 929 204 462 192 997 (7 588) (68) Surplus/(Deficit) 12 157 2 717 407 183 11 750 2 534 Other Comprehensive Income - - - - - Comprehensive Result 12 157 2 717 407 183 11 750 2 534 Financial Performance (Comprehensive Operating Statement) Where required, funds have been carried over to 2017-18 to ensure continuity of essential projects. Adjustments to DCIS 2017-18 budget, financial performance and financial position have been made to reflect the operational requirements.