Annual report 2003 - 2004
Department of the Chief Minister
Dept. of the Chief Minister annual report; Department of the Chief Minister annual report; Reports; PublicationNT
2004
Made available via the Publications (Legal Deposit) Act 2004 (NT).
Date:2004
English
Northern Territory. Dept. of the Chief Minister -- Periodicals; Executive departments -- Northern Territory -- Periodicals
Dept. of the Chief Minister
Darwin
Check within Publication or with content Publisher.
https://hdl.handle.net/10070/231446
https://hdl.handle.net/10070/668403
76 DEPARTMENT OF THE CHIEF MINISTER FI N A N C IA L ST A TE M EN TS DEPARTMENT OF THE CHIEF MINISTER, NOTES TO FINANCIAL STATEMENTS - FOR THE YEAR ENDED 30 JUNE 2004 2 STATEMENT OF FINANCIAL PERFORMANCE BY OUTPUT GROUPS Operating Revenue Grants and Subsidies Current 3 118 9 18 148 Sales of Goods and Services Output Revenue 8 446 6 614 342 19 549 7 598 42 549 Other Agency Revenue 374 160 1 109 216 662 2 521 Miscellaneous Revenue 847 315 2 125 467 3 754 Profit/ Loss on Disposal of Assets 1 3 4 Total Operating Revenue 9 671 7 207 1 451 21 902 8 745 48 976 Operating Expenses Employee Expenses 5 334 2 110 680 13 264 3 030 24 418 Administrative Expenses Purchases of Goods and Services 3 084 3 500 172 6 946 1 787 15 489 Repairs and Maintenance 18 4 1 143 9 175 Depreciation and Amortisation 48 8 332 30 418 Other Administrative Expenses 773 309 2 118 464 3 664 Grants and Subsidies Current 1 237 847 3 114 5 198 Capital 145 145 Interest Expense 1 2 3 Total Operating Expenses 9 403 7 168 1 700 22 805 8 434 49 510 Net Operating Surplus / (Deficit) 268 39 (249) (903) 311 (534) It is important to note that Output Revenue does not fully fund the total cost of outputs and, in particular, depreciation and expenses funded through Use of Balances. Approved Use of Balances can be employed to cover certain output expenditure where residual funds exist within the Agency. Hence the Net Operating Surplus / Deficit for Outputs is not necessarily reflective of their performance against set budgets. Output Groups $000 Policy Advice and Coordination Territory Development NT Railway Government Business Support Community Engagement Total 2004 2003 $000 $000 Proceeds from the disposal of non-current assets 44 5 Recognition of assets not previously brought to account 15 Less Written down value of non-current assets 42 Net Revenue from Non Current Assets 2 20