APPENDIX F

DISCONTINUED AGENCIES

ACT Planning and Land Authority 
Purpose
The principal purpose of the ACT Planning and Land Authority (ACTPLA) is to provide a planning and land system that contributes to the orderly and sustainable development of the ACT consistent with the social, environmental and economic aspirations of the people of the ACT.  In accordance with the Planning and Development Act 2007, ACTPLA is required to achieve this objective by:
•	administering and continually reviewing the Territory Plan and proposing amendments to it as necessary;
•	advising on planning and land policy, including the broad spatial planning framework for the ACT;
•	developing policies and plans for the supply of greenfields land and continued use and reuse of urban land;
•	providing opportunities for community consultation on, and participation in, planning decisions;
•	administering, granting, varying and ending leases on behalf of the Executive;
•	regulating the building industry;
•	assessing applications for approval to undertake development and regulating the use of land in accordance with development approvals and lease provisions; 
•	maintaining the ACT’s digital cadastral database and making land information available; and
•	promoting public education and understanding of the planning process, including the provision of easily accessible public information and documentation on planning and land use.
ACTPLA participates in, and contributes to, a broad range of national policy and regulatory bodies.
These functions will be transferred to the new Sustainable Development Directorate from 1 July 2011 as part of the One ACT Public Service administrative arrangement changes.
Estimated Employment Level
2009‑10
Actual Outcome		2010-11
Budget
	2010-11
Est. Outcome	2011-12
Budget
	
288	Staffing (FTE) 	287	2921	n/a2	
Notes:
1.	The increase of 5 FTE’s in the 2010-11 Estimated Outcome from the 2010‑11 Budget primarily reflects additional staff that have been required to meet increased levels of activity.
2.	The functions of the Authority will be transferred to the Sustainable Development Directorate from 1 July 2011.

Output Classes
	Total Cost1	Government Payment for Outputs	
	2010‑11
Est. Outcome
$’000	2011‑12
Budget
$’000	2010‑11
Est. Outcome
$’000	2011‑12
Budget
$’000	
Output Class 1: 
ACT Planning and Land Authority	54,401	n/a	38,511	n/a	
Output 1.1:  ACT Planning and Land Authority2	54,401	n/a	38,511	n/a	
Notes:
1.	Total cost includes depreciation of $1.136 million in 2010‑11.
2.	This output has been transferred to the Sustainable Development Directorate and is reported as Output Class 1.4 Sustainable Planning.
Output Description
ACTPLA provides:
•	high quality professional services in strategic and land planning;
•	development and building regulation, including leasehold management, with the overarching objective of promoting sustainable, attractive, safe and well-designed urban, residential and rural environments in the ACT; and
•	planning for land release.

Accountability Indicators
	2010-11
Targets	2010-11
Est. Outcome	2011-12
Targets	
Output Class 1:  ACT Planning and Land Authority				
Output 1.1:  ACT Planning and Land Authority				
Regulatory Services				
a.	Percentage of audits/investigations undertaken in respect to:
-	building applications lodged
-	new electrical installations
-	new commercial gas installations
-	new sewerage connections
-	new photovoltaic installations	

10%
100%
100%
100%
100%

10%
100%
100%
100%
100%

n/a
n/a
n/a
n/a
n/a
	
b.	Percentage of inspections undertaken in respect of Class 1 buildings within industry agreed service standards after lodgement of inspection request and payment of service fee to ACTPLA in respect of: 
-	new electrical installations
-	new sewerage connections
-	new gas installations	

90%
90%
90%	

90%
90%
90%	

n/a
n/a
n/a	
c.	Formal complaints received under the Planning and Development Act 2007 are acknowledged within 10 working days	90%
	90%	n/a
	
d.	Development application processing times
-	average processing time in working days
-	median processing time in working days	
40
35	
40
35	
n/a
n/a	
e.	Percentage of development application decisions made within statutory timeframe	
75%	
75%	
n/a	
f.	Percentage of development application appeals resolved by mediation in relation to development proposals	
35%	
35%	
n/a	
g.	Percentage of ACT Civil and Administrative Tribunal (ACAT) decisions which uphold ACTPLA’s original decision	
85%
	
85%	
n/a	
h.	Percentage of Development Services Assurance Program implemented	
90%	
90%	
n/a	
				
Planning and Strategic Deliverables				
a.	ACTPLA's key deliverable towards the Government's Affordable Housing Action Plan is:
-	investigate residential leases in greenfields developments where commenced and complete covenants are scheduled to expire after 1 July 2010	

100%	

100%	

n/a	
b.	ACTPLA’s Sustainable Futures Program contributes to Weathering the Change by the following deliverables:1
­	undertake a risk/vulnerability assessment for human settlement in regard to temperature increase
­	undertake detail testing of urban form changes to introduce adaptation/mitigation measures
­	prepare a discussion paper to inform the Canberra Spatial Plan evaluation	

1

1

1	

1

1

1	

n/a

n/a

n/a	
Customer Satisfaction				
a.	Level of satisfaction with ACTPLA’s services	80%	80%	n/a	
				
Land Supply				
a.	Provision of additional greenfields residential land, ready for Estate Development Plan preparation, responding to the requirements of the land release program	
8,400	
8,400	
n/a	
				
Fiscal Responsibility				
a.	Total cost of services is in accordance with Budget ($’000)2	48,524	54,401	n/a	
Notes:
1.	This indicator has been completed.
2.	Refer to the notes to the financial statements for an explanation of the variance between the 2010‑11 estimated outcome and 2010‑11 target. 

Changes to Appropriation
Changes to Appropriation - Controlled						
 	2010-11	2011-12	2012-13	2013-14	2014-15	
Government Payment for Outputs	Est. Out.	Budget	Estimate	Estimate	Estimate	
 	$'000	$'000	$'000	$'000	$'000	
						
2010-11 Budget	40,758 	35,807 	35,346 	35,721 	35,721 	
						
FMA Section 16B Rollovers from 2009-10						
East Lake Sustainable Urban Renewal	119 	- 	- 	- 	- 	
East Lake Environmental Site Assessment Phases 2 & 3	76 	- 	- 	- 	- 	
Future Water Management Options - Molonglo River	58 	- 	- 	- 	- 	
						
2011-12 Budget Policy Adjustment						
Revised Wage Parameters	- 	(21)	256 	260 	276 	
						
2011-12 Budget Technical Adjustments						
Revised Indexation Parameters	- 	76 	77 	79 	733 	
Revised Superannuation Contributions	- 	190 	229 	290 	188 	
A Seamless National Economy NP	- 	27 	27 	28 	- 	
Rollover - Woden Valley - Stormwater Retardation Basins 
(Feasibility)	(50)	50 	- 	- 	- 	
Rollover - Molonglo - East-West Arterial Road and
Extension of John Gorton Drive to Molonglo River
(Feasibility)	(230)	230 	- 	- 	- 	
Rollover - Molonglo - Future Stormwater Management
(Feasibility)	(200)	200 	- 	- 	- 	
Rollover - Lawson South - Relocation of Power Line	(150)	150 	- 	- 	- 	
Rollover - Symonston - Arterial Road (Feasibility)	(100)	100 	- 	- 	- 	
Rollover - Urban Development Sequence for Affordable
Housing - Environmental Impact Assessment Molonglo	(60)	60 	- 	- 	- 	
Rollover - East Lake Sustainable Urban Renewal	(150)	150 	- 	- 	- 	
Rollover - Bushfire Rebuilding Grant	(60)	60 	- 	- 	- 	
Rollover - Tune Up Canberra	(1,500)	1,500 	- 	- 	- 	
Transfer - Base Funding to Sustainable Development
Directorate	- 	(38,579)	(35,935)	(36,378)	(36,918)	
						
2011-12 Budget	38,511	  0	  0	  0	  0	

Changes to Appropriation cont. 
Changes to Appropriation - Territorial						
 	2010-11	2011-12	2012-13	2013-14	2014-15	
Payment for Expenses on Behalf of Territory	Est. Out.	Budget	Estimate	Estimate	Estimate	
 	$'000	$'000	$'000	$'000	$'000	
						
2010-11 Budget	 - 	 - 	 - 	 - 	 - 	
						
Technical Adjustments						
Treasurer's Advance - Compensation to Lessees on
Withdrawn Land	20 	- 	- 	- 	- 	
						
2011-12 Budget	20	 - 	 - 	 - 	 - 	

						
Changes to Appropriation - Controlled						
 	2010-11	2011-12	2012-13	2013-14	2014-15	
Capital Injections	Est. Out.	Budget	Estimate	Estimate	Estimate	
 	$'000	$'000	$'000	$'000	$'000	
						
2010-11 Budget	1,814	442	351	360	360	
						
2011-12 Budget Technical Adjustments						
Capital Upgrades Indexation	- 	- 	- 	- 	9 	
Rollover - Canberra Integrated Urban Water Program	(393)	393 	- 	- 	- 	
Reallocation - John Gorton Drive Extension to Molonglo
Stage 2 and Group Centre (Design)	280 	- 	- 	- 	- 	
Reallocation - Molonglo Stage 2 - Water Supply, Trunk 
Sewer and Stormwater Infrastructure (Design)	150 	- 	- 	- 	- 	
Cessation - Lawson South - Water Quality Control Pond  
(Design)	(200)	(100)	- 	- 	- 	
Transfer - Base Funding to Sustainable Development
Directorate	- 	(735)	(351)	(360)	(369)	
						
2011-12 Budget	1,651	 - 	 - 	 - 	 - 	

ACT Planning and Land Authority
Operating Statement
  2010-11			  2010-11	   2011-12		  2012-13	    2013-14	  2014-15		
    Budget			Est.Outcome	   Budget	     Var	  Estimate	    Estimate	  Estimate		
    $'000			    $'000	   $'000	      %	    $'000	     $'000	   $'000		
		Income								
		Revenue								
40,758		Government Payment for Outputs	38,511	0	-100	0	0	0		
4,110		User Charges - Non ACT Government	6,360	0	-100	0	0	0		
451		User Charges - ACT Government	601	0	-100	0	0	0		
53		Other Revenue	2,445	0	-100	0	0	0		
1,498		Resources Received Free of Charge	1,498	0	-100	0	0	0		
46,870		Total Revenue	49,415	0	-100	0	0	0		
		Gains								
0		Total Gains	0	0	-	0	0	0		
46,870		Total Income	49,415	0	-100	0	0	0		
		Expenses								
21,956		Employee Expenses	23,371	0	-100	0	0	0		
3,347		Superannuation Expenses	3,478	0	-100	0	0	0		
21,287		Supplies and Services	20,148	0	-100	0	0	0		
373		Depreciation and Amortisation	1,136	0	-100	0	0	0		
43		Borrowing Costs	43	0	-100	0	0	0		
60		Grants and Purchased Services	500	0	-100	0	0	0		
133		Other Expenses	5,725	0	-100	0	0	0		
47,199		Total Ordinary Expenses	54,401	0	-100	0	0	0		
-329		Operating Result	-4,986	0	-100	0	0	0		
-329		Total Comprehensive Income	-4,986	0	-100	0	0	0		

ACT Planning and Land Authority
Balance Sheet
    Budget			Est.Outcome	    Planned		   Planned	   Planned	   Planned		
as at 30/6/11			as at 30/6/11	as at 30/6/12	   Var	as at 30/6/13	as at 30/6/14	as at 30/6/15		
   $'000			   $'000	     $'000	    %	    $'000	    $'000	    $'000		
		Current Assets								
3,143		Cash and Cash Equivalents	4,589	0	-100	0	0	0		
1,544		Receivables	1,372	0	-100	0	0	0		
0		Assets Held for Sale	43	0	-100	0	0	0		
711		Other	771	0	-100	0	0	0		
5,398		Total Current Assets	6,775	0	-100	0	0	0		
		Non Current Assets								
623		Property, Plant and Equipment	1,092	0	-100	0	0	0		
541		Intangibles	1,835	0	-100	0	0	0		
15,697		Capital Works in Progress	3,526	0	-100	0	0	0		
16,861		Total Non Current Assets	6,453	0	-100	0	0	0		
22,259		TOTAL ASSETS	13,228	0	-100	0	0	0		
		Current Liabilities								
2,564		Payables	3,006	0	-100	0	0	0		
369		Finance Leases	339	0	-100	0	0	0		
7,217		Employee Benefits	7,911	0	-100	0	0	0		
70		Other	0	0	-	0	0	0		
10,220		Total Current Liabilities	11,256	0	-100	0	0	0		
		Non Current Liabilities								
314		Finance Leases	230	0	-100	0	0	0		
468		Employee Benefits	425	0	-100	0	0	0		
782		Total Non Current Liabilities	655	0	-100	0	0	0		
11,002		TOTAL LIABILITIES	11,911	0	-100	0	0	0		
11,257		NET ASSETS	1,317	0	-100	0	0	0		
		REPRESENTED BY FUNDS EMPLOYED								
11,257		Accumulated Funds	1,317	0	-100	0	0	0		
11,257		TOTAL FUNDS EMPLOYED	1,317	0	-100	0	0	0		

ACT Planning and Land Authority
Cash Flow Statement
  2010-11			  2010-11	   2011-12		  2012-13	    2013-14	  2014-15		
    Budget			Est.Outcome	   Budget	     Var	  Estimate	    Estimate	  Estimate		
    $'000			    $'000	   $'000	      %	    $'000	     $'000	   $'000		
		CASH FLOWS FROM OPERATING ACTIVITIES								
		Receipts								
40,758		Cash from Government for Outputs	38,511	0	-100	0	0	0		
4,898		User Charges	5,798	0	-100	0	0	0		
1,506		Other Revenue	3,898	0	-100	0	0	0		
47,162		Operating Receipts	48,207	0	-100	0	0	0		
		Payments								
21,833		Related to Employees	23,533	0	-100	0	0	0		
3,253		Related to Superannuation	3,384	0	-100	0	0	0		
19,884		Related to Supplies and Services	19,019	0	-100	0	0	0		
43		Borrowing Costs	43	0	-100	0	0	0		
360		Grants and Purchased Services	525	0	-100	0	0	0		
1,484		Other	1,822	0	-100	0	0	0		
46,857		Operating Payments	48,326	0	-100	0	0	0		
305		NET CASH INFLOW/ (OUTFLOW) FROM OPERATING ACTIVITIES	-119	0	-100	0	0	0		
		CASH FLOWS FROM INVESTING ACTIVITIES								
		Payments								
1,814		Purchase of Property, Plant and Equipment and Capital Works	1,651	0	-100	0	0	0		
1,814		Investing Payments	1,651	0	-100	0	0	0		
-1,814		NET CASH INFLOW/ (OUTFLOW) FROM INVESTING ACTIVITIES	-1,651	0	-100	0	0	0		
		CASH FLOWS FROM FINANCING ACTIVITIES								
		Receipts								
1,814		Capital Injection from Government	1,651	0	-100	0	0	0		
1,814		Financing Receipts	1,651	0	-100	0	0	0		
		Payments								
0		Payments of Transferred Cash Balances	0	4,589	-	0	0	0		
0		Financing Payments	0	4,589	-	0	0	0		
1,814		NET CASH INFLOW/ (OUTFLOW) FROM FINANCING ACTIVITIES	1,651	-4,589	-378	0	0	0		
305		NET INCREASE/ (DECREASE) IN CASH HELD	-119	-4,589	#	0	0	0		
2,838		CASH AT BEGINNING OF REPORTING PERIOD	4,708	4,589	-3	0	0	0		
3,143		CASH AT THE END OF THE REPORTING PERIOD	4,589	0	-100	0	0	0		

ACT Planning and Land Authority
Statement of Changes in Equity
Budget			Est.Outcome	Planned		Planned	Planned	Planned		
as at 30/6/11			as at 30/6/11	as at 30/6/12	   Var	as at 30/6/13	as at 30/6/14	as at 30/6/15		
   $'000			   $'000	     $'000		    $'000	    $'000	    $'000		
		Opening Equity								
9,772		Opening Accumulated Funds	4,652	1,317	-72	0	0	0		
9,772		Balance at the Start of the Reporting Period	4,652	1,317	-72	0	0	0		
		Comprehensive Income								
-329		Operating Result for the Period	-4,986	0	-100	0	0	0		
-329		Total Comprehensive Income	-4,986	0	-100	0	0	0		
0		Total Movement In Reserves	0	0	-	0	0	0		
		Transactions Involving Owners Affecting Accumulated Funds								
1,814		Capital Injections	1,651	0	-100	0	0	0		
0		Inc/Dec in Net Assets due to Admin Restructure	0	-1,317	-	0	0	0		
1,814		Total Transactions Involving Owners Affecting Accumulated Funds	1,651	-1,317	-180	0	0	0		
		Closing Equity								
11,257		Closing Accumulated Funds	1,317	0	-100	0	0	0		
11,257		Balance at the End of the Reporting Period	1,317	0	-100	0	0	0		
Notes to the Budget Statements
Significant variations are as follows:
Operating Statement
•	government payment for outputs:  the decrease of $2.247 million in the 2010‑11 estimated outcome from the original budget reflects the rollover of funding from 2010‑11 to 2011‑12 ($2.5 million) primarily for the Tune Up Canberra Program and various feasibility studies associated with land planning and release, partially offset by the rollover of funding from 2009‑10 to 2010‑11 ($0.253 million).
•	user charges - non ACT Government:  the increase of $2.250 million in the 2010‑11 estimated outcome from the original budget primarily reflects a revised estimate of fee collection levels, consistent with higher than anticipated levels of activity for extension of time to build fees and public notifications.
•	other revenue:  the increase of $2.392 million in the 2010‑11 estimated outcome from the original budget primarily reflects funding received to deliver the Government’s 2010‑11 Accelerated Land Release program. 
•	
employee expenses:  the increase of $1.415 million in the 2010‑11 estimated outcome from the original budget primarily reflects increased staffing levels over the budgeted staff profile.  These additional staff have been required to meet increased levels of activity, and have been funded from own source revenue.
•	supplies and services:  the decrease of $1.139 million in the 2010‑11 estimated outcome from the original budget is primarily due to the rollover of funding from 2010‑11 to 2011‑12 for feasibility studies ($0.960 million) and the reclassification of expenses for the Tune Up Canberra program to Grants and Purchased Services ($2 million), partially offset by expenditure for the delivery of the Government’s Accelerated Land Release program ($1.497 million).
•	depreciation and amortisation:  the increase of $0.763 million in the 2010‑11 estimated from the original budget reflects flow-on effects of the 2009-10 audited outcome.
•	other expenses:  the increase of $5.592 million in the 2010‑11 estimated outcome from the original budget is primarily due to the transfer of completed capital works to the Department of Territory and Municipal Services and ACTEW Corporation ($3.754 million) and extension of time fees waived under the Government’s moratorium on fees for extension of time to commence and complete developments ($1.5 million).
Balance Sheet
•	cash and cash equivalents:  the increase of $1.446 million for the 2010‑11 estimated outcome from the original budget reflects a reassessment of the balance required to be held to meet ACTPLA’s short-term financial obligations.
•	intangibles:  the increase of $1.294 million in the 2010‑11 estimated outcome from the original budget reflects a 2009‑10 audited outcome adjustment capitalising software associated with the Business Systems Integration Project.
•	capital works in progress:  the decrease of $12.171 million in the 2010‑11 estimated outcome from the original budget is due to the transfer of completed capital works to the Department of Territory and Municipal Services and ACTEW Corporation in 2009‑10 and 2010‑11.
Cash Flow Statement
•	capital injections:  the decrease of $0.163 million from the 2010‑11 estimated outcome and the original budget mainly reflects the rollover of funding for Canberra Integrated Urban Water Program.
•	Other variances in the statement are explained in the notes above.
Statement of Changes in Equity
Variances in the statement are explained in the notes above.

ACT Planning and Land Authority
Statement of Income and Expenses on Behalf of the Territory
  2010-11			  2010-11	   2011-12		  2012-13	    2013-14	  2014-15		
    Budget			Est.Outcome	   Budget	     Var	  Estimate	    Estimate	  Estimate		
    $'000			    $'000	   $'000	      %	    $'000	     $'000	   $'000		
		Income								
		Revenue								
0		Payment for Expenses on behalf of Territory	20	0	-100	0	0	0		
28,198		Taxes Fees and Fines	28,507	0	-100	0	0	0		
0		Interest	40	0	-100	0	0	0		
3,700		Land Revenue	3,878	0	-100	0	0	0		
31,898		Total Revenue	32,445	0	-100	0	0	0		
		Gains								
0		Total Gains	0	0	-	0	0	0		
31,898		Total Income	32,445	0	-100	0	0	0		
		Expenses								
0		Supplies and Services	20	0	-100	0	0	0		
0		Other Expenses	225	0	-100	0	0	0		
31,898		Transfer Expenses	32,200	0	-100	0	0	0		
31,898		Total Ordinary Expenses	32,445	0	-100	0	0	0		
0		Operating Result	0	0	-	0	0	0		
0		Inc/Dec in Asset Revaluation Reserve Surpluses	0	-10,238	-	0	0	0		
0		Total Other Comprehensive Income	0	-10,238	-	0	0	0		
0		Total Comprehensive Income	0	-10,238	-	0	0	0		

ACT Planning and Land Authority
Statement of Assets and Liabilities on Behalf of the Territory
    Budget			Est.Outcome	    Planned		   Planned	   Planned	   Planned		
as at 30/6/11			as at 30/6/11	as at 30/6/12	   Var	as at 30/6/13	as at 30/6/14	as at 30/6/15		
   $'000			   $'000	     $'000	    %	    $'000	    $'000	    $'000		
		Current Assets								
1,420		Cash and Cash Equivalents	508	0	-100	0	0	0		
293		Receivables	1,148	0	-100	0	0	0		
1,713		Total Current Assets	1,656	0	-100	0	0	0		
		Non Current Assets								
4,210		Receivables	3,408	0	-100	0	0	0		
38,060		Property, Plant and Equipment	42,303	0	-100	0	0	0		
42,270		Total Non Current Assets	45,711	0	-100	0	0	0		
43,983		TOTAL ASSETS	47,367	0	-100	0	0	0		
		Current Liabilities								
1,184		Payables	1,313	0	-100	0	0	0		
525		Other	336	0	-100	0	0	0		
1,709		Total Current Liabilities	1,649	0	-100	0	0	0		
		Non Current Liabilities								
4,214		Payables	3,415	0	-100	0	0	0		
4,214		Total Non Current Liabilities	3,415	0	-100	0	0	0		
5,923		TOTAL LIABILITIES	5,064	0	-100	0	0	0		
38,060		NET ASSETS	42,303	0	-100	0	0	0		
		REPRESENTED BY FUNDS EMPLOYED								
32,064		Accumulated Funds	32,065	0	-100	0	0	0		
5,996		Reserves	10,238	0	-100	0	0	0		
38,060		TOTAL FUNDS EMPLOYED	42,303	0	-100	0	0	0		

ACT Planning and Land Authority
Budgeted Statement of Cash Flows on Behalf of the Territory
  2010-11			  2010-11	   2011-12		  2012-13	    2013-14	  2014-15		
    Budget			Est.Outcome	   Budget	     Var	  Estimate	    Estimate	  Estimate		
    $'000			    $'000	   $'000	      %	    $'000	     $'000	   $'000		
		CASH FLOWS FROM OPERATING ACTIVITIES								
		Receipts								
0		Cash from Government for EBT	20	0	-100	0	0	0		
28,198		Taxes, Fees and Fines	28,507	0	-100	0	0	0		
0		Interest Received	40	0	-100	0	0	0		
3,705		Other Revenue	4,052	0	-100	0	0	0		
31,903		Operating Receipts	32,619	0	-100	0	0	0		
		Payments								
0		Related to Supplies and Services	20	0	-100	0	0	0		
5		Other	5	0	-100	0	0	0		
32,098		Territory Receipts to Government	32,625	0	-100	0	0	0		
32,103		Operating Payments	32,650	0	-100	0	0	0		
-200		NET CASH INFLOW/ (OUTFLOW) FROM OPERATING ACTIVITIES	-31	0	-100	0	0	0		
		CASH FLOWS FROM FINANCING ACTIVITIES								
		Payments								
0		Payments of Transferred Cash Balances	0	508	#	0	0	0		
0		Financing Payments	0	508	#	0	0	0		
0		NET CASH INFLOW/ (OUTFLOW) FROM FINANCING ACTIVITIES	0	-508	#	0	0	0		
-200		NET INCREASE/ (DECREASE) IN CASH HELD	-31	-508	#	0	0	0		
1,620		CASH AT BEGINNING OF REPORTING PERIOD	539	508	-6	0	0	0		
1,420		CASH AT THE END OF THE REPORTING PERIOD	508	0	-100	0	0	0		

ACT Planning and Land Authority 
Statement of Changes in Equity on Behalf of the Territory
    Budget			Est.Outcome	    Planned		   Planned	   Planned	   Planned		
as at 30/6/11			as at 30/6/11	as at 30/6/12	   Var	as at 30/6/13	as at 30/6/14	as at 30/6/15		
   $'000			   $'000	     $'000	    %	    $'000	    $'000	    $'000		
		Opening Equity								
32,064		Opening Accumulated Funds	32,065	32,065	-	0	0	0		
5,996		Opening Asset Revaluation Reserve	10,238	10,238	-	0	0	0		
38,060		Balance at the Start of the Reporting Period	42,303	42,303	-	0	0	0		
		Comprehensive Income								
0		Operating Result for the Period	0	0	-	0	0	0		
0		Increase/(Decrease) in Asset Revaluation Reserve Surpluses	0	-10,238	#	0	0	0		
0		Total Comprehensive Income	0	-10,238	#	0	0	0		
0		Total Movement In Reserves	0	0	-	0	0	0		
		Transactions Involving Owners Affecting Accumulated Funds								
0		Inc/Dec in Net Assets due to Admin Restructure	0	-32,065	#	0	0	0		
0		Total Transactions Involving Owners Affecting Accumulated Funds	0	-32,065	#	0	0	0		
		Closing Equity								
32,064		Closing Accumulated Funds	32,065	0	-100	0	0	0		
5,996		Closing Asset Revaluation Reserve	10,238	0	-100	0	0	0		
38,060		Balance at the End of the Reporting Period	42,303	0	-100	0	0	0		

Notes to the Budget Statements
Significant variations are as follows:
Statement of Income and Expenses on Behalf of the Territory
•	payment for expenses on behalf of the territory:  the increase of $0.020 million in the 2010‑11 estimated outcome from the original budget is due to compensation paid to lessees on withdrawn land. 
•	taxes, fees and fines:  the increase of $0.309 million in the 2010‑11 estimated outcome from the original budget primarily reflects a revised estimate of fee collection levels, consistent with higher than anticipated levels of activity for inspection fees and the building levy.
•	other expenses:  the increase of $0.225 million in the 2010‑11 estimated outcome from the original budget reflects the waiver of change of use charges ($0.225 million) by the Treasurer in 2010‑11.
•	transfer expenses:  the increase of $0.302 million in the 2010‑11 estimated outcome from the original budget primarily reflects additional revenues from land rents and energy efficiency assessments to be returned to the Territory Bank Account.
Statement of Assets and Liabilities on Behalf of the Territory
•	cash and cash equivalents:  the decrease of $0.912 million in the 2010‑11 estimated outcome from the original budget reflects a more timely return of funds to the Territory Banking Account.
•	current receivables:  the increase of $0.855 million in the 2010‑11 estimated outcome from the original budget primarily reflects the apportionment of receivables for 30‑year property loans made by the Territory, between current and non‑current assets. 
•	non current receivables:  the decrease of $0.802 million in the 2010‑11 estimated outcome from the original budget is explained under current receivables.
•	property, plant and equipment:  the increase of $4.243 million in the 2010‑11 estimated outcome from the original budget reflects the flow-on effects of the 2009‑10 audited outcome.
•	current and non current payables:  the decrease of $0.670 million in the 2010‑11 estimated outcome from the original budget reflects a more timely return of funds to the Territory Banking Account.
Statement of Cash Flows on Behalf of the Territory
Variances in the statement are explained in the notes above.
Statement of Changes in Equity on Behalf of the Territory
Variances in the statement are explained in the notes above.

Department of the Environment, Climate Change, Energy and Water 
Purpose
The Department of the Environment, Climate Change, Energy and Water plays a key role in delivering the Government’s commitment to a sustainable future, complemented by the regulation and enforcement capacity provided through the statutory functions of the Conservator for Flora and Fauna, the Environment Protection Authority and the Clinical Waste Controller.
These functions will form part of the core of the new Sustainable Development Directorate from 1 July 2011 as part of the One ACT Public Service administrative arrangement changes. 
 Estimated Employment Level
2009‑10
Actual Outcome 		2010-11
Budget
	2010-11
Est. Outcome	2011-12
Budget 
	
99	Staffing (FTE)1	109	110	n/a2	
Notes:
1.	Includes the Office of the Commissioner for Sustainability and the Environment.
2.	The functions of the Department have been transferred to the Sustainable Development Directorate.

Output Classes 
	Total Cost1	Government Payment for Outputs	
	2010-11
Est. Outcome
$’000	2011-12
Budget
$’000 	2010-11
Est. Outcome
$’000 	2011-12
Budget
$’000 	
Output Class 1:
Environment, Climate Change, Energy and Water	28,238	n/a	26,481	n/a	
Output 1.1:  Environment Protection and Water2	5,708	n/a	5,032	n/a	
Notes:
1.	Total cost includes depreciation of $0.054 million in 2010-11.
2.	This output has been transferred to the Sustainable Development Directorate.

	Total Cost	Government Payment for Outputs	
	2010-11
Est. Outcome
$’000	2011-12
Budget
$’000 	2010-11
Est. Outcome
$’000 	2011-12
Budget
$’000 	
Output 1.2:  Water, Energy and Waste1	3,423	n/a	3,052	n/a	
Note:
1.	This output has been transferred to the Sustainable Development Directorate.

	Total Cost	Government Payment for Outputs	
	2010-11
Est. Outcome
$’000	2011-12
Budget
$’000 	2010-11
Est. Outcome
$’000 	2011-12
Budget
$’000 	
Output 1.3:  Climate Change and Natural Environment1	19,107	n/a	18,397	n/a	
Note:
1.	This output has been transferred to the Sustainable Development Directorate.

	Total Cost1	EBT Payment for Outputs	
	2010-11
Est. Outcome
$’000	2011-12
Budget
$’000 	2010-11
Est. Outcome
$’000 	2011-12
Budget
$’000 	
EBT Office of the Commissioner for Sustainability and the Environment2	1,939	n/a	1,936	n/a	
Note:
1.	Total cost includes depreciation of $0.006 million in 2010-11.
2.	This output has been transferred to the Sustainable Development Directorate.

Accountability Indicators
	2010-11
Targets	2010-11
Est. Outcome	2011-12
Targets	
Output Class 1:  Environment, Climate Change, Energy and Water	
Output 1.1:  Environment Protection and Water	
a.	Administer environment protection authorisations within statutory timeframes	100%	100%	n/a	
b.	Administer water resources within statutory timeframes	100%	100%	n/a	
c.	Assess and report on water quality in the ACT1	Oct 2010	Mar 2011	n/a	
d.	Assess and report on air quality in the ACT	June 2011	June 2011	n/a	
Note:  1. The report is currently awaiting publication.

	2010-11
Targets	2010-11
Est. Outcome	2011-12
Targets	
Output 1.2:  Water, Energy and Waste	
a.	Implementation of National Reforms in energy and water	2	2	n/a	
b.	Coordinate the implementation of the Commercial Waste Scheme1	1	1	n/a	
c.	ACT Sustainable Energy Policy2	1	1	n/a	
d.	Review of Think water, act water3	1	1	n/a	
e.	Review of NoWaste Policy4	1	0	n/a	
f.	Advise on options for Energy Efficiency Legislation5	1	1	n/a	
Notes: 
1.	The draft ACT waste strategy was released for public comment in December 2010. 
2.	The draft policy was released in December 2009.
3.	The review is expected to be completed by mid 2011.
4.	This work was subsumed by work that has been undertaken on the draft ACT Waste Strategy 2010-2025, which is now reported under accountability indicator 1.2 (b)in the Sustainable Development Directorate. 
5.	The Government will be provided with advice by mid 2011. 

	2010-11
Targets	2010-11
Est. Outcome	2011-12
Targets	
Output 1.3:  Climate Change and Natural Environment	
a.	Delivery of joint ACT/Commonwealth funded sustainability programs	2	2	n/a	
b.	Review of the Nature Conservation Act1	1	1	n/a	
c.	Development of Weathering the Change Action Plan 22	1	0	n/a	
Notes: 
1.	A discussion paper was released in December 2010.
2.	Consultants have been engaged and Action Plan 2 is currently under development. 

	2010-11
Targets	2010-11
Est. Outcome	2011-12
Targets	
EBT:  Office of the Commissioner for Sustainability and the Environment	
EBT 1:  Office of the Commissioner for Sustainability and the Environment	
a.	Report on the uptake of recommendations on the ACT State of the Environment and special reports1	Sep 2010	Sep 2010	n/a	
b.	Completion of Ministerial initiated investigations in accordance with the Minister’s direction1	100%	100%	n/a	
c.	Completion of Commissioner initiated investigations in accordance with the Terms of Reference1	100%	100%	n/a	
d.	Completion of complaints generated investigations in accordance with the Terms of Reference1	100%	100%	n/a	
e.	Report on complaints about management of the environment by the Territory or a Territory agency1	Sep 2010	Sep 2010	n/a	
Note:   1. These measures have been transferred to the Sustainable Development Directorate.
Changes to Appropriation
Changes to Appropriation - Controlled						
 	2010-11	2011-12	2012-13	2013-14	2014-15	
Government Payment for Outputs	Est. Out.	Budget	Estimate	Estimate	Estimate	
 	$'000	$'000	$'000	$'000	$'000	
						
2010-11 Budget	23,470	22,898	23,078	22,025	22,025	
						
FMA Section 16B Rollovers from 2009-10						
ACTSmart Programs	1,401 	- 	- 	- 	- 	
Progressing Actions on Climate Change	605 	- 	- 	- 	- 	
Environment Protection Projects	369 	- 	- 	- 	- 	
Feed-in Tariff	210 	- 	- 	- 	- 	
Solar Power Facility	100 	- 	- 	- 	- 	
Plastic Bag Community Consultation	82 	- 	- 	- 	- 	
Food Waste Management	75 	- 	- 	- 	- 	
Commercial Waste Scheme	71 	- 	- 	- 	- 	
Improving the Effectiveness of the Conservator's Role	35 	- 	- 	- 	- 	
						
2011-12 Budget Policy Adjustment						
Revised Wage Parameters	- 	(10)	129 	130 	130 	
						
2011-12 Budget Technical Adjustments						
Revised Indexation Parameters	- 	30 	31 	31 	453 	
Commonwealth Government - Water for the Future NP - National Framework for Compliance and Enforcement	63 	187 	251 	259 	201 	
Revised Superannuation Contributions	- 	79 	75 	71 	29 	
Transfer - Base Funding to the Sustainable Development Directorate	- 	(23,184)	(23,564)	(22,516)	(22,838)	
						
2011-12 Budget	26,481	 - 	 - 	 - 	 - 	

Changes to Appropriation - Territorial						
 	2010-11	2011-12	2012-13	2013-14	2014-15	
Payment for Expenses on Behalf of Territory	Est. Out.	Budget	Estimate	Estimate	Estimate	
 	$'000	$'000	$'000	$'000	$'000	
						
2010-11 Budget	1,350	1,398	1,441	1,465	1,465	
						
FMA Section 16B Rollovers from 2009-10						
State of the Environment Report	328 	- 	- 	- 	- 	
Investigation of Trees and Canberra Nature Reserves	101 					
Office of the Commissioner for Sustainability and the Environment (Operations)	318 	- 	- 	- 	- 	
						
2011-12 Budget Policy Adjustment						
Revised Wage Parameters	- 	(1)	8 	9 	9 	
						
2011-12 Budget Technical Adjustments						
Revised Indexation Parameters	- 	- 	- 	- 	28 	
Transfer - Base Funding to the Sustainable Development Directorate	- 	(1,397)	(1,449)	(1,474)	(1,502)	
						
2011-12 Budget	2,097	 - 	 - 	 - 	 - 	
						
Changes to Appropriation - Controlled						
 	2010-11	2011-12	2012-13	2013-14	2014-15	
Capital Injections	Est. Out.	Budget	Estimate	Estimate	Estimate	
 	$'000	$'000	$'000	$'000	$'000	
						
2010-11 Budget	15,137	9,500	 - 	 - 	 - 	
						
FMA Section 16B Rollovers from 2009-10						
Renewable Energy Technology Showcase	417 	- 	- 	- 	- 	
Accelerating Replacing of Stormwater Drains with Wetlands	18 	- 	- 	- 	- 	
						
2011-12 Budget Technical Adjustments						
Rollover - North Weston/Molonglo Stormwater 
Harvesting Scheme	(1,000)	1,000 	- 	- 	- 	
Rollover - The Valley Ponds and Stormwater Harvesting Scheme	(1,000)	1,000 	- 	- 	- 	
Rollover - Accelerating Replacing of Stormwater Drains with Wetlands	(3,703)	3,703 	- 	- 	- 	
Transfer - Base Funding to the Sustainable Development Directorate	- 	(15,203)	- 	- 	- 	
						
2011-12 Budget	9,869	 - 	 - 	 - 	 - 	

Department of the Environment, Climate Change, Energy and Water
Operating Statement
  2010-11			  2010-11	   2011-12		  2012-13	    2013-14	  2014-15		
    Budget			Est.Outcome	   Budget	     Var	  Estimate	    Estimate	  Estimate		
    $'000			    $'000	   $'000	      %	    $'000	     $'000	   $'000		
		Income								
		Revenue								
23,470		Government Payment for Outputs	26,481	0	-100	0	0	0		
4,350		User Charges - Non ACT Government	4,740	0	-100	0	0	0		
150		Interest	188	0	-100	0	0	0		
696		Other Revenue	696	0	-100	0	0	0		
28,666		Total Revenue	32,105	0	-100	0	0	0		
		Gains								
0		Total Gains	0	0	-	0	0	0		
28,666		Total Income	32,105	0	-100	0	0	0		
		Expenses								
9,689		Employee Expenses	9,723	0	-100	0	0	0		
1,232		Superannuation Expenses	1,307	0	-100	0	0	0		
11,064		Supplies and Services	12,061	0	-100	0	0	0		
192		Depreciation and Amortisation	54	0	-100	0	0	0		
19		Borrowing Costs	19	0	-100	0	0	0		
1,589		Grants and Purchased Services	1,835	0	-100	0	0	0		
1,138		Other Expenses	3,239	0	-100	0	0	0		
24,923		Total Ordinary Expenses	28,238	0	-100	0	0	0		
3,743		Operating Result	3,867	0	-100	0	0	0		
3,743		Total Comprehensive Income	3,867	0	-100	0	0	0		

Department of the Environment, Climate Change, Energy and Water
Balance Sheet
    Budget			Est.Outcome	    Planned		   Planned	   Planned	   Planned		
as at 30/6/11			as at 30/6/11	as at 30/6/12	   Var	as at 30/6/13	as at 30/6/14	as at 30/6/15		
   $'000			   $'000	     $'000	    %	    $'000	    $'000	    $'000		
		Current Assets								
4,549		Cash and Cash Equivalents	3,467	0	-100	0	0	0		
1,331		Receivables	550	0	-100	0	0	0		
5,880		Total Current Assets	4,017	0	-100	0	0	0		
		Non Current Assets								
0		Receivables	750	0	-100	0	0	0		
4,032		Property, Plant and Equipment	582	0	-100	0	0	0		
22,836		Capital Works in Progress	20,373	0	-100	0	0	0		
26,868		Total Non Current Assets	21,705	0	-100	0	0	0		
32,748		TOTAL ASSETS	25,722	0	-100	0	0	0		
		Current Liabilities								
1,144		Payables	399	0	-100	0	0	0		
120		Finance Leases	119	0	-100	0	0	0		
2,800		Employee Benefits	2,818	0	-100	0	0	0		
1,760		Other	827	0	-100	0	0	0		
5,824		Total Current Liabilities	4,163	0	-100	0	0	0		
		Non Current Liabilities								
219		Finance Leases	203	0	-100	0	0	0		
171		Employee Benefits	183	0	-100	0	0	0		
390		Total Non Current Liabilities	386	0	-100	0	0	0		
6,214		TOTAL LIABILITIES	4,549	0	-100	0	0	0		
26,534		NET ASSETS	21,173	0	-100	0	0	0		
		REPRESENTED BY FUNDS EMPLOYED								
26,534		Accumulated Funds	21,173	0	-100	0	0	0		
26,534		TOTAL FUNDS EMPLOYED	21,173	0	-100	0	0	0		

Department of the Environment, Climate Change, Energy and Water
Cash Flow Statement
  2010-11			  2010-11	   2011-12		  2012-13	    2013-14	  2014-15		
    Budget			Est.Outcome	   Budget	     Var	  Estimate	    Estimate	  Estimate		
    $'000			    $'000	   $'000	      %	    $'000	     $'000	   $'000		
		CASH FLOWS FROM OPERATING ACTIVITIES								
		Receipts								
23,470		Cash from Government for Outputs	26,481	0	-100	0	0	0		
84		User Charges	84	0	-100	0	0	0		
150		Interest Received	188	0	-100	0	0	0		
2,271		Other Revenue	2,661	0	-100	0	0	0		
25,975		Operating Receipts	29,414	0	-100	0	0	0		
		Payments								
9,355		Related to Employees	9,381	0	-100	0	0	0		
1,232		Related to Superannuation	1,307	0	-100	0	0	0		
11,067		Related to Supplies and Services	12,149	0	-100	0	0	0		
19		Borrowing Costs	19	0	-100	0	0	0		
1,589		Grants and Purchased Services	1,589	0	-100	0	0	0		
1,138		Other	3,485	0	-100	0	0	0		
24,400		Operating Payments	27,930	0	-100	0	0	0		
1,575		NET CASH INFLOW/ (OUTFLOW) FROM OPERATING ACTIVITIES	1,484	0	-100	0	0	0		
		CASH FLOWS FROM INVESTING ACTIVITIES								
		Payments								
19,403		Purchase of Property, Plant and Equipment and Capital Works	14,135	0	-100	0	0	0		
911		Other Payments	911	0	-100	0	0	0		
20,314		Investing Payments	15,046	0	-100	0	0	0		
-20,314		NET CASH INFLOW/ (OUTFLOW) FROM INVESTING ACTIVITIES	-15,046	0	-100	0	0	0		
		CASH FLOWS FROM FINANCING ACTIVITIES								
		Receipts								
15,137		Capital Injection from Government	9,869	0	-100	0	0	0		
15,137		Financing Receipts	9,869	0	-100	0	0	0		
		Payments								
0		Payments of Transferred Cash Balances	0	3,467	#	0	0	0		
0		Financing Payments	0	3,467	#	0	0	0		
15,137		NET CASH INFLOW/ (OUTFLOW) FROM FINANCING ACTIVITIES	9,869	-3,467	-135	0	0	0		
-3,602		NET INCREASE/ (DECREASE) IN CASH HELD	-3,693	-3,467	-6	0	0	0		
8,151		CASH AT BEGINNING OF REPORTING PERIOD	7,160	3,467	-52	0	0	0		
4,549		CASH AT THE END OF THE REPORTING PERIOD	3,467	0	-100	0	0	0		

Department of the Environment, Climate Change, Energy and Water
Statement of Changes in Equity
Budget			Est.Outcome	Planned		Planned	Planned	Planned	
 as at 30/6/11  
$'000			as at 30/6/11   
$'000	as at 30/6/12     
$'000	Var
%	as at 30/6/13    
$'000	as at 30/6/14    
$'000	as at 30/6/15   
 $'000	
		Opening Equity							
7,654		Opening Accumulated Funds	7,437	0	-100	0	0	0	
7,654		Balance at the Start of the Reporting Period	7,437	0	-100	0	0	0	
		Comprehensive Income							
3,743		Operating Result for the Period	3,867	0	-100	0	0	0	
3,743		Total Comprehensive Income	3,867	0	-100	0	0	0	
0		Total Movement In Reserves	0	0	-100	0	0	0	
		Transactions Involving Owners Affecting Accumulated Funds							
15,137		Capital Injections	9,869	0	-100	0	0	0	
15,137		Total Transactions Involving Owners Affecting Accumulated Funds	9,869	0	-100	0	0	0	
		Closing Equity							
26,534		Closing Accumulated Funds	21,173	0	-100	0	0	0	
26,534		Balance at the End of the Reporting Period	21,173	0	-100	0	0	0	
Notes to the Budget Statements
Significant variations are as follows:
Operating Statement
•	government payment for outputs:  the increase of $3.011 million in the 2010-11 estimated outcome from the original budget is due to the rollover of funding from 2009‑10 to 2010‑11 ($2.948 million) and new Commonwealth funding ($0.063 million) for the National Partnership – Water for the Future.
•	user charges – non ACT Government:  the increase of $0.390 million in the 2010‑11 estimated outcome from the original budget is due to the receipt of Commonwealth funding for the Caring for the Cotter project ($0.246 million) and the Landcare Facilitator ($0.144 million).
•	interest:  the increase of $0.038 million in the 2010‑11 estimated outcome from the original budget reflects the retention of higher cash balances due to timing issues surrounding the Canberra Integrated Urban Waterways Program.
•	employee and superannuation expenses:  the increase of $0.109 million in the 2010‑11 estimated outcome from the original budget is due to increased staffing costs associated with the Landcare Facilitator and the Caring for the Cotter project, the costs of which have been met from additional grant revenue.
•	supplies and services:  the increase of $0.997 million in the 2010-11 estimated outcome from the original budget is largely due to the rollover of funding from 2009‑10 ($1.547 million) and costs associated with new Commonwealth funding ($0.112 million), offset by a payment to the Department of Disability, Housing and Community Services (DHCS) for the Outreach Program ($0.7 million).
•	depreciation:  the decrease of $0.138 million in the 2010‑11 estimated outcome from the original budget is due to the expected completion date for the Dickson and Lyneham Urban Ponds being deferred from 2010-11 to 2011-12.
•	grants and purchased services:  the increase of $0.246 million in the 2010-11 estimated outcome from the original budget is due to costs associated with the Caring for the Cotter project. 
•	other expenses:  the increase of $2.101 million in the 2010‑11 estimated outcome from the original budget is due to provision of rebates and energy and water efficiency programs under the ACTSmart program ($1.401 million) and the payment of ($0.7 million) to DHCS for the Outreach Program.
Balance Sheet
•	cash and cash equivalents:  the decrease of $1.082 million in the 2010‑11 estimated outcome from the original budget is primarily due to the flow-on effects of the 2009‑10 audited outcome.
•	current receivables:  the decrease of $0.781 million in the 2010-11 estimated outcome from the original budget reflects the transfer of funds to non-current receivables to reflect the funding agreements of the Resource Management Fund.
•	property, plant and equipment:  the decrease of $3.450 million in the 2010-11 estimated outcome from the original budget is due to the change in the estimated completion date for the Dickson and Lyneham Ponds.
•	capital works in progress:  the decrease of $2.463 million in the 2010-11 estimated outcome from the original budget is due to delays in capital projects, primarily in the Dickson and Lyneham Ponds project. 
•	current payables:  the decrease of $0.745 million in the 2010-11 estimated outcome from the original budget is primarily due to the flow-on effects of the 2009‑10 audited outcome. 
•	other current liabilities:  the decrease of $0.933 million in the 2010‑11 estimated outcome from the original budget is primarily due to the flow-on effects of the 2009‑10 audited outcome and the completion of Commonwealth projects related to the Canberra Integrated Urban Waterways.
Cash Flow Statement
Variances in the statement are explained in the notes above.
Statement of Changes in Equity
Variances in the statement are explained in the notes above.
Department of the Environment, Climate Change, Energy and Water
Statement of Income and Expenses on Behalf of the Territory
  2010-11			  2010-11	   2011-12		  2012-13	    2013-14	  2014-15		
    Budget			Est.Outcome	   Budget	     Var	  Estimate	    Estimate	  Estimate		
    $'000			    $'000	   $'000	      %	    $'000	     $'000	   $'000		
		Income								
		Revenue								
1,350		Payment for Expenses on behalf of Territory	2,097	0	-100	0	0	0		
25,271		Taxes Fees and Fines	22,397	0	-100	0	0	0		
26,621		Total Revenue	24,494	0	-100	0	0	0		
		Gains								
0		Total Gains	0	0	-	0	0	0		
26,621		Total Income	24,494	0	-100	0	0	0		
		Expenses								
588		Employee Expenses	584	0	-100	0	0	0		
99		Superannuation Expenses	98	0	-100	0	0	0		
502		Supplies and Services	1,249	0	-100	0	0	0		
6		Depreciation and Amortisation	6	0	-100	0	0	0		
2		Borrowing Costs	2	0	-100	0	0	0		
161		Grants and Purchased Services	161	0	-100	0	0	0		
25,271		Transfer Expenses	22,397	0	-100	0	0	0		
26,629		Total Ordinary Expenses	24,497	0	-100	0	0	0		
-8		Operating Result	-3	0	-100	0	0	0		
-8		Total Comprehensive Income	-3	0	-100	0	0	0		

Department of the Environment, Climate Change, Energy and Water
Statement of Assets and Liabilities on Behalf of the Territory
    Budget			Est.Outcome	    Planned		   Planned	   Planned	   Planned		
as at 30/6/11			as at 30/6/11	as at 30/6/12	   Var	as at 30/6/13	as at 30/6/14	as at 30/6/15		
   $'000			   $'000	     $'000	    %	    $'000	    $'000	    $'000		
		Current Assets								
1,236		Cash and Cash Equivalents	531	0	-100	0	0	0		
8,233		Receivables	7,339	0	-100	0	0	0		
0		Assets Held for Sale	16	0	-100	0	0	0		
9,469		Total Current Assets	7,886	0	-100	0	0	0		
		Non Current Assets								
10		Property, Plant and Equipment	23	0	-100	0	0	0		
10		Total Non Current Assets	23	0	-100	0	0	0		
9,479		TOTAL ASSETS	7,909	0	-100	0	0	0		
		Current Liabilities								
8,549		Payables	7,401	0	-100	0	0	0		
20		Finance Leases	7	0	-100	0	0	0		
236		Employee Benefits	350	0	-100	0	0	0		
366		Other	275	0	-100	0	0	0		
9,171		Total Current Liabilities	8,033	0	-100	0	0	0		
		Non Current Liabilities								
0		Finance Leases	24	0	-100	0	0	0		
15		Employee Benefits	25	0	-100	0	0	0		
15		Total Non Current Liabilities	49	0	-100	0	0	0		
9,186		TOTAL LIABILITIES	8,082	0	-100	0	0	0		
293		NET ASSETS	-173	0	-100	0	0	0		
		REPRESENTED BY FUNDS EMPLOYED								
293		Accumulated Funds	-173	0	-100	0	0	0		
293		TOTAL FUNDS EMPLOYED	-173	0	-100	0	0	0		

Department of the Environment, Climate Change, Energy and Water
Budgeted Statement of Cash Flows on Behalf of the Territory
  2010-11			  2010-11	   2011-12		  2012-13	    2013-14	  2014-15		
    Budget			Est.Outcome	   Budget	     Var	  Estimate	    Estimate	  Estimate		
    $'000			    $'000	   $'000	      %	    $'000	     $'000	   $'000		
		CASH FLOWS FROM OPERATING ACTIVITIES								
		Receipts								
1,350		Cash from Government for EBT	2,097	0	-100	0	0	0		
25,271		Taxes, Fees and Fines	22,397	0	-100	0	0	0		
26,621		Operating Receipts	24,494	0	-100	0	0	0		
		Payments								
586		Related to Employees	584	0	-100	0	0	0		
99		Related to Superannuation	98	0	-100	0	0	0		
502		Related to Supplies and Services	1,249	0	-100	0	0	0		
2		Borrowing Costs	2	0	-100	0	0	0		
161		Grants and Purchased Services	161	0	-100	0	0	0		
25,271		Territory Receipts to Government	22,397	0	-100	0	0	0		
26,621		Operating Payments	24,491	0	-100	0	0	0		
0		NET CASH INFLOW/ (OUTFLOW) FROM OPERATING ACTIVITIES	3	0	-100	0	0	0		
		CASH FLOWS FROM FINANCING ACTIVITIES								
		Receipts								
0		Receipt of Transferred Cash Balances	-354	0	-100	0	0	0		
0		Financing Receipts	-354	0	-100	0	0	0		
		Payments								
0		Payments of Transferred Cash Balances	0	531	#	0	0	0		
0		Financing Payments	0	531	#	0	0	0		
0		NET CASH INFLOW/ (OUTFLOW) FROM FINANCING ACTIVITIES	-354	-531	-50	0	0	0		
0		NET INCREASE/ (DECREASE) IN CASH HELD	-351	-531	-51	0	0	0		
1,236		CASH AT BEGINNING OF REPORTING PERIOD	882	531	-40	0	0	0		
1,236		CASH AT THE END OF THE REPORTING PERIOD	531	0	-100	0	0	0		

Department of the Environment, Climate Change, Energy and Water
Statement of Changes in Equity on Behalf of the Territory
Budget			Est.Outcome	Planned		Planned	Planned	Planned		
 as at 30/6/11  
$'000			as at 30/6/11   
$'000	as at 30/6/12     
$'000	Var
%	as at 30/6/13    
$'000	as at 30/6/14    
$'000	as at 30/6/15   
 $'000		
		Opening Equity								
301		Opening Accumulated Funds	(170)	0	-100	0	0	0		
301		Balance at the Start of the Reporting Period	-170	0	-100	0	0	0		
		Comprehensive Income								
-8		Operating Result for the Period	-3	0	-100	0	0	0		
-8		Total Comprehensive Income	-3	0	-100	0	0	0		
0		Total Movement In Reserves	0	0	-100	0	0	0		
		Transactions Involving Owners Affecting Accumulated Funds								
		Closing Equity								
293		Closing Accumulated Funds	-173	0	-100	0	0	0		
293		Balance at the End of the Reporting Period	-173	0	-100	0	0	0		
Notes to the Budget Statements
Significant variations are as follows:
Statement of Income and Expenses on Behalf of the Territory
•	payment for expenses on behalf of Territory:  the increase of $0.747 million in the 2010‑11 estimated outcome from the original budget is largely due to rollovers from 2009‑10 to 2010‑11 for the Office of the Commissioner for Sustainability and the Environment primarily for the State of the Environment Report and investigations requested by the Minister.
•	taxes, fees and fines:  the decrease of $2.874 million in the 2010‑11 estimated outcome from the original budget is due to a reduction in water abstraction charges received from ACTEW as a result of higher than expected rainfall.
•	supplies and services:  the increase of $0.747 million in the 2010‑11 estimated outcome from the original budget largely reflects funds rolled over from 2009-10 for the Office of the Commissioner for Sustainability and the Environment for the State of the Environment Report and investigations into trees and Canberra nature reserves.
•	transfer expenses:  the decrease of $2.874 million in the 2010‑11 estimated outcome from the original budget is due to a decrease in the revenue received from the water abstraction charge.
Statement of Assets and Liabilities on Behalf of the Territory
•	the variances in the assets and liabilities between the 2010-11 estimated outcome from the original budget are due to the flow-on effects of the 2009‑10 audited outcome.
Statement of Cash Flows on Behalf of the Territory
Variances in the statement are explained in the notes above.
Statement of Changes in Equity on Behalf of the Territory
Variances in the statement are explained in the notes above.

department of land and property services
Purpose
The primary objectives of the Department of Land and Property Services are to address the demand for land for the affordable and sustainable development of the ACT, to facilitate strategic projects and to improve the use and management of government owned and leased properties.
These functions will form part of the core of the new Economic Development Directorate from 1 July 2011 as part of the One ACT Public Service Administrative Arrangement changes. 

Estimated Employment Level
2009-10
Actual Outcome		2010-11
Budget	2010-11
Est. Outcome	2011‑12
Budget	
141	  Staffing  (FTE)	141	141	n/a2	
Note: 
1.	The functions of the Department will be transferred to the Economic Development Directorate and the Territory and Municipal Services Directorate from 1 July 2011.

 Output Classes
	Total Cost1	Government Payment for Outputs	
	2010‑11
Est. Outcome
$’000	2011-12
Budget
$’000	2010‑11
Est. Outcome
$’000	2011‑12
Budget
$’000	
Output Class 1: 
Land and Property Services	106,145	n/a	8,621	n/a	
Output 1.1:  Major Project Facilitation2	7,825	n/a	7,159	n/a	
Notes:
1.	Total cost includes depreciation of $12.514 million in 2010‑11.
2.	This output has been transferred to the Economic Development Directorate and is reported as Output Class 1.

	Total Cost	Government Payment for Outputs	
	2010‑11
Est. Outcome
$’000	2011‑12
Budget
$’000	2010‑11
Est. Outcome
$’000	2011‑12
Budget
$’000	
Output 1.2:  Property Services1	98,320	n/a	1,462	n/a	
Note:
1.	This output has been transferred to the Territory and Municipal Services Directorate and is reported as Output Class 2.

Accountability Indicators
	2010-11
Targets	2010-11
Est. Outcome	2011-12
Targets	
Output Class 1:  Land and Property Services				
Output 1.1:  Major Project Facilitation1				
a.	Implement The Affordable Housing Action Plan	1	1	n/a	
b.	Progress (in partnership with the Australian National University) the development of key sites in the City West Precinct	1	1	n/a	
c.	Implement Building for Our Ageing Community Strategy	1	1	n/a	
d.	Continuing to develop a new government office building proposal	1	1	n/a	
e.	Develop and implement a land supply strategy	1	1	n/a	
f.	Progress implementation of the National Arboretum Canberra	1	1	n/a	
Note:
1.	These indicators have been transferred to the Economic Development Directorate.

	2010‑11
Targets	2010‑11
Est. Outcome	2011‑12
Targets	
Output 1.2:  Property Services1,2,3				
a.	Accommodation utilisation rate (m2 per employee)	17.0	16.8	n/a	
b.	Occupancy rate of ACT Government office buildings	98%	99%	n/a	
c.	Use of Greenpower	32.5%	32.5%	n/a	
d.	Accommodation cost per employee	$7,000	$7,700	n/a	
e.	Occupancy rate for properties designated  for use by non government tenants	96%	97%	n/a	
Notes:
1.	Indicators a. and b. have been transferred to the Economic Development Directorate.
2.	Indicators c., d., and e. have been transferred to the Territory and Municipal Services Directorate.
3.	Indicator d. estimated outcome has increased compared to the target as a result of lower staff numbers being counted at the time of recording and fixed costs remaining constant.

Changes to Appropriation
Changes to Appropriation - Controlled						
 	2010-11	2011-12	2012-13	2013-14	2014-15	
Government Payment for Outputs	Est. Out.	Budget	Estimate	Estimate	Estimate	
 	$'000	$'000	$'000	$'000	$'000	
						
2010-11 Budget	8,610	8,577	9,502	10,469	10,469	
						
2011-12 Budget Policy Adjustments						
Revised Wage Parameters	1 	(58)	(60)	(61)	(61)	
Savings Initiative	- 	(16)	43 	46 	46 	
						
2011-12 Budget Technical Adjustments						
Revised Indexation Parameters	- 	22 	23 	23 	241 	
Revised Superannuation Contributions	- 	82 	50 	20 	8 	
City Centre Improvement Levy	10 	2,018 	1,948 	1,881 	1,881 	
Transfer - Surplus Schools to Community Services	- 	(91)	(91)	(92)	(92)	
Transfer - ACT Property Group to TAMS	- 	(738)	(818)	(818)	(818)	
Transfer - Land and Property Services to Economic 
Development	- 	(10,864)	(11,691)	(12,590)	(12,824)	
						
2011-12 Budget	8,621	 - 	 - 	 - 	 - 	

Changes to Appropriation cont. 
Changes to Appropriation - Controlled						
 	2010-11	2011-12	2012-13	2013-14	2014-15	
Capital Injections	Est. Out.	Budget	Estimate	Estimate	Estimate	
 	$'000	$'000	$'000	$'000	$'000	
						
2010-11 Budget	24,708	15,955	5,204	2,464	2,464	
						
FMA Section 16B Rollovers from 2009-10						
Rollover - Upgrade of Callum Offices	159 	- 	- 	- 	- 	
Rollover - National Arboretum Canberra	1,918 	- 	- 	- 	- 	
Rollover - Arts Organisation	29 	- 	- 	- 	- 	
Rollover - Capital Upgrades	934 	- 	- 	- 	- 	
Rollover - Refurbishment of Albert Hall	957 	- 	- 	- 	- 	
Rollover - Upgrade and Expand the Woden Gymnastics 
Club	92 	- 	- 	- 	- 	
Rollover - Fitters Workshop	191 	- 	- 	- 	- 	
						
2011-12 Budget Technical Adjustments						
Capital Upgrades Indexation	- 	- 	- 	- 	62 	
Transfer - Land Release Capital Works Projects from TAMS	51,464 	44,800 	3,800 	3,200 	- 	
Rollover - Coombs - Water Quality Control Ponds	(400)	400 	- 	- 	- 	
Rollover - Fyshwick Intersection Upgrades - Gladstone 
Street, Section 26	(2,200)	2,200 	- 	- 	- 	
Rollover - Barton Intersection Upgrades - Darling Street, 
Section 22	(350)	350 	- 	- 	- 	
Rollover - Mitchell - Sandford Street Extension to the 
Federal Highway	(6,600)	6,600 	- 	- 	- 	
Rollover - Casey - Clarrie Hermes Drive Extension to the 
Barton Highway	(1,175)	1,175 	- 	- 	- 	
Rollover - Government Office Accommodation and 
Relocation Fitout	(6,700)	6,700 				
Rollover  - North Weston Road Intersection	(2,000)	2,000 	- 	- 	- 	
Rollover  - Ford - Horse Park and Gundaroo Drives 
Intersection Upgrade	(1,150)	1,150 	- 	- 	- 	
Rollover - Watson Stormwater Upgrade - Aspinall Street, 
Block 2, Section 95	(520)	520 	- 	- 	- 	
Transfer - ACT Property Group to TAMS	- 	(3,245)	(2,404)	(2,464)	(2,526)	
Rollover - Temporary Surface Car Park Southern Loop 
Commonwealth Avenue	(900)	900 	- 	- 	- 	
Transfer - Land and Property Services to Economic 
Development	- 	(79,505)	(6,600)	(3,200)	- 	
						
2011-12 Budget	58,457	 - 	 - 	 - 	 - 	

Department of Land and Property Services
Operating Statement
  2010-11			  2010-11	   2011-12		  2012-13	    2013-14	  2014-15		
    Budget			Est.Outcome	   Budget	     Var	  Estimate	    Estimate	  Estimate		
    $'000			    $'000	   $'000	      %	    $'000	     $'000	   $'000		
		Income								
		Revenue								
8,610		Government Payment for Outputs	8,621	0	-100	0	0	0		
5,790		User Charges - Non ACT Government	5,790	0	-100	0	0	0		
91,728		User Charges - ACT Government	91,730	0	-100	0	0	0		
106,128		Total Revenue	106,141	0	-100	0	0	0		
		Gains								
0		Total Gains	0	0	-	0	0	0		
106,128		Total Income	106,141	0	-100	0	0	0		
		Expenses								
11,275		Employee Expenses	11,305	0	-100	0	0	0		
1,467		Superannuation Expenses	1,453	0	-100	0	0	0		
80,286		Supplies and Services	80,286	0	-100	0	0	0		
12,514		Depreciation and Amortisation	12,514	0	-100	0	0	0		
587		Borrowing Costs	587	0	-100	0	0	0		
106,129		Total Ordinary Expenses	106,145	0	-100	0	0	0		
-1		Operating Result	-4	0	-100	0	0	0		
0		Inc/Dec in Asset Revaluation Reserve Surpluses	0	0	-	0	0	0		
0		Total Other Comprehensive Income	0	0	-	0	0	0		
-1		Total Comprehensive Income	-4	0	-100	0	0	0		

Department of Land and Property Services
Balance Sheet
    Budget			Est.Outcome	    Planned		   Planned	   Planned	   Planned		
as at 30/6/11			as at 30/6/11	as at 30/6/12	   Var	as at 30/6/13	as at 30/6/14	as at 30/6/15		
   $'000			   $'000	     $'000	    %	    $'000	    $'000	    $'000		
		Current Assets								
8,032		Cash and Cash Equivalents	14,283	0	-100	0	0	0		
11,973		Receivables	8,663	0	-100	0	0	0		
166		Inventories	123	0	-100	0	0	0		
2,271		Capital Work in Progress	34,288	0	-100	0	0	0		
0		Assets Held for Sale	39	0	-100	0	0	0		
0		Other	1,854	0	-100	0	0	0		
22,442		Total Current Assets	59,250	0	-100	0	0	0		
		Non Current Assets								
323,047		Property, Plant and Equipment	296,345	0	-100	0	0	0		
125,295		Investment Property	124,955	0	-100	0	0	0		
17,434		Capital Works in Progress	28,312	0	-100	0	0	0		
465,776		Total Non Current Assets	449,612	0	-100	0	0	0		
488,218		TOTAL ASSETS	508,862	0	-100	0	0	0		
		Current Liabilities								
3,475		Payables	9,596	0	-100	0	0	0		
3,444		Interest Bearing Liabilities	3,444	0	-100	0	0	0		
410		Finance Leases	297	0	-100	0	0	0		
3,809		Employee Benefits	4,631	0	-100	0	0	0		
4,192		Other	2,024	0	-100	0	0	0		
15,330		Total Current Liabilities	20,082	0	-100	0	0	0		
		Non Current Liabilities								
173		Employee Benefits	228	0	-100	0	0	0		
173		Total Non Current Liabilities	138	0	-100	0	0	0		
15,503		TOTAL LIABILITIES	20,220	0	-100	0	0	0		
472,715		NET ASSETS	488,642	0	-100	0	0	0		
		REPRESENTED BY FUNDS EMPLOYED								
352,802		Accumulated Funds	370,532	0	-100	0	0	0		
119,913		Reserves	118,110	0	-100	0	0	0		
472,715		TOTAL FUNDS EMPLOYED	488,642	0	-100	0	0	0		

Department of Land and Property Services
Cash Flow Statement
  2010-11			  2010-11	   2011-12		  2012-13	    2013-14	  2014-15		
    Budget			Est.Outcome	   Budget	     Var	  Estimate	    Estimate	  Estimate		
    $'000			    $'000	   $'000	      %	    $'000	     $'000	   $'000		
		CASH FLOWS FROM OPERATING ACTIVITIES								
		Receipts								
8,610		Cash from Government for Outputs	8,621	0	-100	0	0	0		
97,518		User Charges	97,520	0	-100	0	0	0		
106,128		Operating Receipts	106,141	0	-100	0	0	0		
		Payments								
11,262		Related to Employees	11,289	0	-100	0	0	0		
1,441		Related to Superannuation	1,427	0	-100	0	0	0		
80,287		Related to Supplies and Services	80,287	0	-100	0	0	0		
587		Borrowing Costs	587	0	-100	0	0	0		
500		Other	500	0	-100	0	0	0		
94,077		Operating Payments	94,090	0	-100	0	0	0		
12,051		NET CASH INFLOW/ (OUTFLOW) FROM OPERATING ACTIVITIES	12,051	0	-100	0	0	0		
		CASH FLOWS FROM INVESTING ACTIVITIES								
		Payments								
24,208		Purchase of Property, Plant and Equipment and Capital Works	57,957	0	-100	0	0	0		
24,208		Investing Payments	57,957	0	-100	0	0	0		
-24,208		NET CASH INFLOW/ (OUTFLOW) FROM INVESTING ACTIVITIES	-57,957	0	-100	0	0	0		
		CASH FLOWS FROM FINANCING ACTIVITIES								
		Receipts								
24,708		Capital Injection from Government	58,457	0	-100	0	0	0		
24,708		Financing Receipts	58,457	0	-100	0	0	0		
		Payments								
3,665		Dividends to Government	3,665	0	-100	0	0	0		
3,452		Repayment of Advance	3,452	0	-100	0	0	0		
211		Repayment of Finance Lease	211	0	-100	0	0	0		
0		Payments of Transferred Cash Balances	0	0	-	0	0	0		
7,328		Financing Payments	7,328	0	-100	0	0	0		
17,380		NET CASH INFLOW/ (OUTFLOW) FROM FINANCING ACTIVITIES	51,129	0	-100	0	0	0		
5,223		NET INCREASE/ (DECREASE) IN CASH HELD	5,223	0	-100	0	0	0		
2,809		CASH AT BEGINNING OF REPORTING PERIOD	9,060	0	-100	0	0	0		
8,032		CASH AT THE END OF THE REPORTING PERIOD	14,283	0	-100	0	0	0		

Department of Land and Property Services
Statement of Changes in Equity
    Budget			Est.Outcome	    Planned		   Planned	   Planned	   Planned		
as at 30/6/11			as at 30/6/11	as at 30/6/12	   Var	as at 30/6/13	as at 30/6/14	as at 30/6/15		
   $'000			   $'000	     $'000	    %	    $'000	    $'000	    $'000		
		Opening Equity								
329,196		Opening Accumulated Funds	313,180	0	-100	0	0	0		
119,913		Opening Asset Revaluation Reserve	118,110	0	-100	0	0	0		
449,109		Balance at the Start of the Reporting Period	431,290	0	-100	0	0	0		
		Comprehensive Income								
-1		Operating Result for the Period	-4	0	-100	0	0	0		
0		Increase/(Decrease) in Asset Revaluation Reserve Surpluses	0	0	-	0	0	0		
-1		Total Comprehensive Income	-4	0	-100	0	0	0		
0		Total Movement In Reserves	0	0	-	0	0	0		
		Transactions Involving Owners Affecting Accumulated Funds								
24,708		Capital Injections	58,457	0	-100	0	0	0		
2,564		Inc/Dec in Net Assets due to Admin Restructure	2,564	0	-100	0	0	0		
-3,665		Dividend Approved	-3,665	0	-100	0	0	0		
23,607		Total Transactions Involving Owners Affecting Accumulated Funds	57,356	0	-100	0	0	0		
		Closing Equity								
352,802		Closing Accumulated Funds	370,532	0	-100	0	0	0		
119,913		Closing Asset Revaluation Reserve	118,110	0	-100	0	0	0		
472,715		Balance at the End of the Reporting Period	488,642	0	-100	0	0	0		

Notes to the Budget Statements
Significant variations are as follows:
Operating Statement
•	No significant variations
Balance Sheet
•	cash and cash equivalents:  the increase of $6.251 million in the 2010‑11 estimated outcome from the original budget is mainly due to the transfer of various land related capital works projects from the Department of Territory and Municipal Services (TAMS).
•	receivables:  the decrease of $3.310 million in the estimated outcome from the original budget relates to improved collection processes and activity in relation to rental receipt revenue relating to the ACT Property Group.
•	capital works in progress:  the increase of $32.017 million in the 2010‑11 estimated outcome from the original budget is due mainly to the transfer of various land related capital works projects from TAMS.
•	other assets:  the increase of $1.854 million in the 2010-11 estimated outcome from the original budget is due to prepayment of rental lease charges within the Property Group portfolio as a result of the timing of various rental arrangements.
•	property, plant and equipment:  the decrease of $26.702 million in the 2010‑11 estimated outcome from the 2010-11 Budget is mainly due to reprofiling the completion of capital works projects into future years.
•	capital works in progress (non current):  the increase of $10.878 million in the 2010‑11 estimated outcome from the original budget is due mainly to the transfer of various land related capital works projects from TAMS.
•	payables:  the increase of $6.121 million in the 2010-11 estimated outcome from the original budget is due to higher accrued expenses relating to capital works projects.
•	other current liabilities:  the decrease of $2.168 million in the 2010-11 estimated outcome from the original budget is due to forecast less rental revenue received in advance within the Property Group portfolio as a result of the timing of various rental arrangements.
Cash Flow Statement
•	capital injections:  the increase of $33.749 million in the 2010‑11 estimated outcome from the original  budget mainly relates to the transfer of funding for various land release related capital works projects from TAMS.
Statement of Changes in Equity
Variances in the statement are explained in the notes above.

RHODIUM ASSET SOLUTIONS
Purpose 
Rhodium Asset Solutions Limited (Rhodium) provided fleet management and leasing services to the ACT Government, a number of Commonwealth Government agencies and various private sector organisations.
In recent years Rhodium has progressively disposed of its main undertakings in order for the company to be wound down.
Rhodium completed the disposal of the remaining business undertakings on 30 September 2010.  It was then necessary to retain the company shell until residual legal matters, including outstanding debtor legal actions, were completed. 
The outstanding legal matters have now been finalised, with any residual items transferred to the Territory to manage.
An application for the deregistration of the company was lodged with the Australian Securities and Investment Commission (ASIC) on 13 April 2011.  The formal deregistration process by ASIC is expected to be completed by 30 June 2011. 
Estimated Employment Level
2009‑10 
Actual Outcome		2010-11
Budget
	2010-11
Est. Outcome1	2011-12
Budget
	
15  	Staffing (FTE)	0	0	0	
Note:
1.	The employment of the few remaining Rhodium staff ceased on 30 October 2010 upon finalisation of the completion audit.

Rhodium Asset Solutions
Operating Statement
  2010-11			  2010-11	   2011-12		  2012-13	    2013-14	  2014-15		
    Budget			Est.Outcome	   Budget	     Var	  Estimate	    Estimate	  Estimate		
    $'000			    $'000	   $'000	      %	    $'000	     $'000	   $'000		
		Income								
		Revenue								
0		User Charges - Non ACT Government	74	0	-100	0	0	0		
0		Interest	29	0	-100	0	0	0		
0		Other Revenue	59	0	-100	0	0	0		
0		Total Revenue	162	0	-100	0	0	0		
		Gains								
0		Total Gains	0	0	-	0	0	0		
0		Total Income	162	0	-100	0	0	0		
		Expenses								
0		Depreciation and Amortisation	10	0	-100	0	0	0		
0		Borrowing Costs	15	0	-100	0	0	0		
0		Cost of Goods Sold	74	0	-100	0	0	0		
0		Other Expenses	55	0	-100	0	0	0		
0		Total Ordinary Expenses	154	0	-100	0	0	0		
0		Operating Result	8	0	-100	0	0	0		
0		Total Comprehensive Income	8	0	-100	0	0	0		

Rhodium Asset Solutions
Balance Sheet
    Budget			Est.Outcome	    Planned		   Planned	   Planned	   Planned		
as at 30/6/11			as at 30/6/11	as at 30/6/12	   Var	as at 30/6/13	as at 30/6/14	as at 30/6/15		
   $'000			   $'000	     $'000	    %	    $'000	    $'000	    $'000		
		Current Assets								
0		Cash and Cash Equivalents	0	0	-	0	0	0		
0		Total Current Assets	0	0	-	0	0	0		
0		TOTAL ASSETS	0	0	-	0	0	0		
		Current Liabilities								
0		Other Provisions	0	0	-	0	0	0		
0		Total Current Liabilities	0	0	-	0	0	0		
0		TOTAL LIABILITIES	0	0	-	0	0	0		
0		NET ASSETS	0	0	-	0	0	0		
		REPRESENTED BY FUNDS EMPLOYED								
0		TOTAL FUNDS EMPLOYED	0	0	-	0	0	0		

Rhodium Asset Solutions
Cash Flow Statement
  2010-11			  2010-11	   2011-12		  2012-13	    2013-14	  2014-15		
    Budget			Est.Outcome	   Budget	     Var	  Estimate	    Estimate	  Estimate		
    $'000			    $'000	   $'000	      %	    $'000	     $'000	   $'000		
		CASH FLOWS FROM OPERATING ACTIVITIES								
		Receipts								
306		User Charges	13,458	0	-100	0	0	0		
0		Interest Received	29	0	-100	0	0	0		
306		Operating Receipts	13,487	0	-100	0	0	0		
		Payments								
664		Related to Supplies and Services and Employees	2,725	0	-100	0	0	0		
0		Borrowing Costs	15	0	-100	0	0	0		
0		Other	1,903	0	-100	0	0	0		
664		Operating Payments	4,643	0	-100	0	0	0		
-358		NET CASH INFLOW/ (OUTFLOW) FROM OPERATING ACTIVITIES	8,844	0	-100	0	0	0		
		CASH FLOWS FROM INVESTING ACTIVITIES								
		Receipts								
0		Proceeds from Sale of Property, Plant & Equipment	749	0	-100	0	0	0		
0		Investing Receipts	749	0	-100	0	0	0		
0		NET CASH INFLOW/ (OUTFLOW) FROM INVESTING ACTIVITIES	749	0	-100	0	0	0		
		CASH FLOWS FROM FINANCING ACTIVITIES								
		Payments								
457		Distributions to Government	48	0	-100	0	0	0		
457		Financing Payments	48	0	-100	0	0	0		
-457		NET CASH INFLOW/ (OUTFLOW) FROM FINANCING ACTIVITIES	-48	0	-100	0	0	0		
-815		NET INCREASE/ (DECREASE) IN CASH HELD	9,545	0	-100	0	0	0		
815		CASH AT BEGINNING OF REPORTING PERIOD	-9,545	0	-100	0	0	0		
0		CASH AT THE END OF THE REPORTING PERIOD	0	0	-	0	0	0		

Rhodium Asset Solutions
Statement of Changes in Equity
    Budget			Est.Outcome	    Planned		   Planned	   Planned	   Planned		
as at 30/6/11			as at 30/6/11	as at 30/6/12	   Var	as at 30/6/13	as at 30/6/14	as at 30/6/15		
   $'000			   $'000	     $'000	    %	    $'000	    $'000	    $'000		
		Opening Equity								
457		Opening Accumulated Funds	10	0	-100	0	0	0		
457		Balance at the Start of the Reporting Period	10	0	-100	0	0	0		
		Comprehensive Income								
0		Operating Result for the Period	38	0	-100	0	0	0		
0		Total Comprehensive Income	38	0	-100	0	0	0		
0		Total Movement In Reserves	0	0		0	0	0		
		Transactions Involving Owners Affecting Accumulated Funds								
-457		Capital Distributions	-48	0	-100	0	0	0		
-457		Total Transactions Involving Owners Affecting Accumulated Funds	-48	0	-100	0	0	0		
		Closing Equity								
0		Balance at the End of the Reporting Period	0	0		0	0	0		

Notes to the Budget Statements
The 2010‑11 Budget was prepared on the basis that all leases would be disposed of by 30 June 2010 and the company wound up by 30 September 2010.  This process took longer than previously anticipated and the disposal of the remaining business undertakings was completed on 30 September 2010. 
It was then necessary to retain the company shell until residual matters, predominantly outstanding debtor legal actions were completed. 
The company is expected to be deregistered by 30 June 2011. 
The variances between the 2010‑11 estimated outcome and the original budget is due to this extended period of activity by the company.  

TOTALCARE INDUSTRIES LIMITED
Purpose
Totalcare Industries Limited (Totalcare) previously provided a range of services to the Government and non-government sectors.  The Government decided in 2003 to wind up the business and transferred Totalcare’s separate business units to other areas of Government throughout 2004 and 2005.  Whilst Totalcare is no longer active as a business unit, its existence will continue until all residual liabilities are assessed and acquitted.
Totalcare will complete the discharge of residual superannuation liabilities in 2010‑11.  Once these liabilities are fully and properly acquitted the company will be wound up in 2011-12 in accordance with the Corporations Act 2001.
2011‑12 Priorities
Strategic and operational issues to be pursued in 2011‑12 include: 
•	completing the winding up of the company.
Estimated Employment Level
2009‑10
Actual Outcome		2010-11
Budget
	2010-11
Est. Outcome	2011-12
Budget
	
-	Staffing (FTE)	-	-	-	

Totalcare
Operating Statement
  2010-11			  2010-11	   2011-12		  2012-13	    2013-14	  2014-15		
    Budget			Est.Outcome	   Budget	     Var	  Estimate	    Estimate	  Estimate		
    $'000			    $'000	   $'000	      %	    $'000	     $'000	   $'000		
		Income								
		Revenue								
21		Interest	54	0	-100	0	0	0		
70		Other Revenue	251	0	-100	0	0	0		
91		Total Revenue	305	0	-100	0	0	0		
		Gains								
0		Total Gains	0	0	-	0	0	0		
91		Total Income	305	0	-100	0	0	0		
		Expenses								
109		Supplies and Services	310	0	-100	0	0	0		
0		Other Expenses	200	0	-100	0	0	0		
109		Total Ordinary Expenses	510	0	-100	0	0	0		
-18		Operating Result	-205	0	-100	0	0	0		
-18		Total Comprehensive Income	-205	0	-100	0	0	0		

Totalcare
Balance Sheet
    Budget			Est.Outcome	    Planned		   Planned	   Planned	   Planned		
as at 30/6/11			as at 30/6/11	as at 30/6/12	   Var	as at 30/6/13	as at 30/6/14	as at 30/6/15		
   $'000			   $'000	     $'000	    %	    $'000	    $'000	    $'000		
		Current Assets								
0		Cash and Cash Equivalents	200	0	-100	0	0	0		
0		Total Current Assets	200	0	-100	0	0	0		
0		TOTAL ASSETS	200	0	-100	0	0	0		
		Current Liabilities								
0		Other Provisions	200	0	-100	0	0	0		
0		Total Current Liabilities	200	0	-100	0	0	0		
0		TOTAL LIABILITIES	200	0	-100	0	0	0		
0		NET ASSETS	0	0	-	0	0	0		
		REPRESENTED BY FUNDS EMPLOYED								
0		TOTAL FUNDS EMPLOYED	0	0	-	0	0	0		

Totalcare
Cash Flow Statement
  2010-11			  2010-11	   2011-12		  2012-13	    2013-14	  2014-15		
    Budget			Est.Outcome	   Budget	     Var	  Estimate	    Estimate	  Estimate		
    $'000			    $'000	   $'000	      %	    $'000	     $'000	   $'000		
		CASH FLOWS FROM OPERATING ACTIVITIES								
		Receipts								
21		Interest Received	54	0	-100	0	0	0		
5,829		Other Revenue	5,010	0	-100	0	0	0		
5,850		Operating Receipts	5,064	0	-100	0	0	0		
		Payments								
5,272		Related to Superannuation	3,897	0	-100	0	0	0		
83		Related to Supplies and Services	461	200	-57	0	0	0		
557		Other	662	0	-100	0	0	0		
5,912		Operating Payments	5,020	200	-96	0	0	0		
-62		NET CASH INFLOW/ (OUTFLOW) FROM OPERATING ACTIVITIES	44	-200	-555	0	0	0		
		CASH FLOWS FROM FINANCING ACTIVITIES								
		Payments								
337		Distributions to Government	219	0	-100	0	0	0		
337		Financing Payments	219	0	-100	0	0	0		
-337		NET CASH INFLOW/ (OUTFLOW) FROM FINANCING ACTIVITIES	-219	0	-100	0	0	0		
-399		NET INCREASE/ (DECREASE) IN CASH HELD	-175	-200	14	0	0	0		
399		CASH AT BEGINNING OF REPORTING PERIOD	375	200	-47	0	0	0		
0		CASH AT THE END OF THE REPORTING PERIOD	200	0	-100	0	0	0		

Totalcare
Statement of Changes in Equity
Budget			Est.Outcome	Planned		Planned	Planned	Planned		
as at 30/6/11			as at 30/6/11	as at 30/6/12		as at 30/6/13	as at 30/6/14	as at 30/6/15		
   $'000			   $'000	     $'000	    %	    $'000	    $'000	    $'000		
		Opening Equity								
355		Opening Accumulated Funds	424	0	-100	0	0	0		
355		Balance at the Start of the Reporting Period	424	0	-100	0	0	0		
		Comprehensive Income								
-18		Operating Result for the Period	-205	0	-100	0	0	0		
-18		Total Comprehensive Income	-205	0	-100	0	0	0		
0		Total Movement In Reserves	0	0	-	0	0	0		
		Transactions Involving Owners Affecting Accumulated Funds								
-337		Capital Distributions	-219	0	-100	0	0	0		
-337		Total Transactions Involving Owners Affecting Accumulated Funds	-219	0	-100	0	0	0		
		Closing Equity								
0		Balance at the End of the Reporting Period	0	0	-	0	0	0		
Notes to the Budget Statements
The ongoing work surrounding the acquittal of Totalcare’s superannuation liabilities will be finalised by the end of the 2010‑11 financial year.  This will allow the company to be wound up in accordance with the Corporations Act 2001 in 2011‑12. 
Significant variations are as follows:
Operating Statement
•	total revenue:  the increase of $0.214 million in the 2010‑11 estimated outcome from the original budget is primarily due to higher than expected receipts from superannuation providers with respect to the finalisation of the superannuation settlement payments.
•	total expenses:  the increase of $0.401 million in the 2010‑11 estimated outcome from the original budget is primarily due to higher than forecast costs involved in the completion of the superannuation liabilities and associated winding up of the company.
Balance Sheet
Due to the expectation that Totalcare would be wound up by 30 June 2010 no budget was reflected for the Balance Sheet in the 2010‑11 Budget Papers.
Significant variations are as follows:
•	total assets:  the increase of $0.2 million in the 2010‑11 estimated outcome from the original budget reflects the required money to complete the wind-up of the company.
•	total liabilities:  the increase of $0.2 million in the 2010‑11 estimated outcome from the original budget reflects the anticipated completion of the superannuation liabilities and associated costs to wind-up the company. 
Cash Flow Statement
•	distributions to government:  the decrease of $0.118 million in the 2010‑11 estimated outcome from the original budget is primarily due to the delays with respect to finalising superannuation settlements and transfers.