Annual Report 2016-2017 Tourism NT
Tabled paper 571
Tabled Papers for 13th Assembly 2016 - 2020; Tabled Papers; ParliamentNT
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05 50 51Tourism NT Annual Report 2016-17 Tourism NT Annual Report 2016-17 Financial SnapshotS E C T I O N Tourism NT is a division within the Department of Tourism and Culture. We had a direct annual budget of $47.4 million in the 2016-17 financial year, largely funded through NT Government appropriation. The actual expenses incurred by us for 2016-17 totalled $47.3 million. REVENUE We received $0.7 million from the Australian Government to fund the National Partnership Agreement for the Tourism Demand-Driver Infrastructure program, and $0.5 million in own source revenue. The majority of the remaining income was provided by the Northern Territory Government as output appropriation. EXPENSES We incurred expenses of $47.3 million in 2016-17. This included $8.3 million for employee expenses and $7.3 million on grant programs such as the Australian Governments Tourism Demand-Driver Infrastructure program, the Tourism Infrastructure Development Fund and funding supplied to Regional Tourism Organisations. The majority of our expenditure relates to administrative expenses of $31.7 million used to position the Territory and its tourism products in key target markets to stimulate interest in, and desire to, travel to the Territory through consumer activity and partnerships with travel and trade distribution partners. An annual operating statement has been prepared to reflect the financial activity of Tourism NT (page 51). TOURISM NT OPERATING STATEMENT 2016-17 2016-17 $000 INCOME Grants and Subsidies Revenue Current Appropriation Output 45,685 Commonwealth 675 Sales of Goods and Services 476 Goods and Services Received Free of Charge 166 Interest Income Other Income 222 TOTAL INCOME 47,224 EXPENSES Employee Expenses (8,250) Administrative expenses Purchases of Goods and Services (31,373) Repairs and Maintenance (11) Depreciation and Amortisation (107) Other Administrative Expenses (181) Grants and Subsidies Expenses Current (2,979) Capital (4,367) TOTAL EXPENSES (47,268) NET SURPLUS/(DEFICIT) (44)