Annual report 2003-2004, Department of Corporate and Information Services
Department of Corporate and Information Services annual report 2003 - 2004
Northern Territory. Department of Corporate and Information Services
E-Publications; E-Books; PublicationNT; Department of Corporate and Information Services annual report; Annual report
2004-10-14
Made available by the Library & Archives NT via the Publications (Legal Deposit) Act 2004 (NT).
English
Northern Territory. Department of Corporate and Information Services -- Periodical
Northern Territory Government
Darwin
Department of Corporate and Information Services annual report; Annual report
2003/2004
application/pdf
1835-2332
Attribution International 4.0 (CC BY 4.0)
Northern Territory Government
https://creativecommons.org/licenses/by/4.0
https://hdl.handle.net/10070/231111
https://hdl.handle.net/10070/669431
Data Centre Services Financial Statements 135 Data Centre Services Financial Statements FINANCIAL STATEMENT OVERVIEW For the Year Ended 30 June 2004 Data Centre Services (DCS) has continued to improve the method of delivery of services to clients. The cost savings achieved from this process will enable DCS to explore further avenues of efficiencies to ensure that the savings are passed on to clients. The surplus for 2003-04 has enabled DCS to return $2.327M in taxes and dividend to government. The savings have resulted in an increase in the cash balances ensuring it can confidently meet ongoing commitments. This graph shows the trend in DCSs operations over the past five years with major outsourcing projects occurring between June 2000 and June 2002 followed by a period of efficiencies resulting in cost reduction while maintaining a high level of service to client. This graph shows the allocation of the operating surplus between taxation, dividends and retained profit. Figure 1 Operating Results -10 0 10 20 30 40 50 60 70 1999/00 2000/01 2001/02 2002/03 2003/04 $M ill io ns Expenditure Sales Surplus Figure 2 Allocation of Surplus -2,500 -2,000 -1,500 -1,000 -500 0 500 1,000 1,500 2,000 1999/00 2000/01 2001/02 2002/03 2003/04 $0 00 Retained Earnings Tax Dividend