ACT Public Cemeteries Authority
Objectives
The ACT Public Cemeteries Authority (the Authority) is an independent statutory authority established under the Cemeteries and Crematoria Act 2003, to effectively and efficiently manage public cemeteries and crematoria in the ACT.  The Authority currently manages and operates three public cemeteries at Gungahlin, Woden and Hall.
Key corporate objectives of the Authority include:
•	operating as an efficient Government business with a strong customer service focus;
•	adopting operating practices that safeguard the environment and the health and safety of staff and visitors; and
•	ensuring the equitable availability of interment options for the entire ACT community.
2010-11 Priorities
Strategic and operational priorities to be pursued in 2010‑11 include:
•	progressing the establishment of the new Southern Cemetery to maintain burial capacity in the medium to long term in the ACT;
•	developing and refining the range of services and options available for interment in the ACT, in accordance with contemporary community needs;
•	employing innovative solutions to reduce the cost of maintenance, with a view to enhancing perpetual care arrangements and the long term financial viability of the Authority;
•	continuing to develop staff skills, with an emphasis on improving the efficiency of the Authority and maintaining excellence in customer service; and
•	reviewing the existing business and strategic plans to ensure that the Authority remains a sustainable business.  
Estimated Employment Level
2008‑09
Actual Outcome
		2009-10
Budget	2009-10
Est. Outcome
	2010-11
Budget
	
13	Staffing (FTE)1, 2	13	14	15	
Notes:
1.	The increase of one FTE in the 2009-10 estimated outcome from the original budget is related to the significantly increased workload of the Authority, particularly in relation to the planning and assessment requirements for the proposed new Southern Cemetery.
2.	The increase of one FTE in the 2010-11 Budget from the 2009-10 estimated outcome is related to the backfilling of a position currently held by a member of staff who will be taking maternity leave.

Australian Capital Territory Public Cemeteries Authority
Operating Statement
  2009-10			  2009-10	   2010-11		  2011-12	    2012-13	  2013-14		
    Budget			Est.Outcome	   Budget	     Var	  Estimate	    Estimate	  Estimate		
    $'000			    $'000	   $'000	      %	    $'000	     $'000	   $'000		
		Income								
		Revenue								
2,304		User Charges - Non ACT Government	2,304	2,316	1	2,412	2,512	2,616		
394		Interest	334	410	23	332	357	383		
1,209		Other Revenue	1,294	1,441	11	1,481	1,522	1,556		
3,907		Total Revenue	3,932	4,167	6	4,225	4,391	4,555		
		Gains								
0		Other Gains	0	55	#	55	55	55		
0		Total Gains	0	55	#	55	55	55		
3,907		Total Income	3,932	4,222	7	4,280	4,446	4,610		
		Expenses								
718		Employee Expenses	724	938	30	915	930	945		
90		Superannuation Expenses	90	108	20	109	114	117		
919		Supplies and Services	1,019	1,007	-1	1,018	1,043	1,069		
288		Depreciation and Amortisation	298	344	15	386	373	359		
1,613		Other Expenses	1,513	1,613	7	1,680	1,750	1,796		
3,628		Total Ordinary Expenses	3,644	4,010	10	4,108	4,210	4,286		
279		Operating Result	288	212	-26	172	236	324		
279		Total Comprehensive Income	288	212	-26	172	236	324		

Australian Capital Territory Public Cemeteries Authority
Balance Sheet
    Budget			Est.Outcome	    Planned		   Planned	   Planned	   Planned		
as at 30/6/10			as at 30/6/10	as at 30/6/11	   Var	as at 30/6/12	as at 30/6/13	as at 30/6/14		
   $'000			   $'000	     $'000	    %	    $'000	    $'000	    $'000		
		Current Assets								
6,082		Cash and Cash Equivalents	6,478	6,269	-3	6,760	7,302	7,918		
504		Receivables	560	565	1	570	576	582		
9		Other	12	13	8	14	15	16		
6,595		Total Current Assets	7,050	6,847	-3	7,344	7,893	8,516		
		Non Current Assets								
685		Investments	718	733	2	748	763	778		
6,939		Property, Plant and Equipment	6,840	7,378	8	7,172	6,979	6,800		
7,624		Total Non Current Assets	7,558	8,111	7	7,920	7,742	7,578		
14,219		TOTAL ASSETS	14,608	14,958	2	15,264	15,635	16,094		
		Current Liabilities								
284		Payables	254	262	3	271	280	289		
315		Employee Benefits	345	365	6	381	397	413		
600		Other Provisions	0	0	-	0	0	0		
0		Other	544	554	2	564	574	584		
1,199		Total Current Liabilities	1,143	1,181	3	1,216	1,251	1,286		
		Non Current Liabilities								
23		Employee Benefits	11	17	55	23	29	35		
4,756		Other Provisions	0	0	-	0	0	0		
0		Other	2,849	2,943	3	3,036	3,130	3,224		
4,779		Total Non Current Liabilities	2,860	2,960	3	3,059	3,159	3,259		
5,978		TOTAL LIABILITIES	4,003	4,141	3	4,275	4,410	4,545		
8,241		NET ASSETS	10,605	10,817	2	10,989	11,225	11,549		
		REPRESENTED BY FUNDS EMPLOYED								
2,694		Accumulated Funds	8,129	8,341	3	8,513	8,749	9,073		
5,547		Reserves	2,476	2,476	-	2,476	2,476	2,476		
8,241		TOTAL FUNDS EMPLOYED	10,605	10,817	2	10,989	11,225	11,549		

Australian Capital Territory Public Cemeteries Authority
Cash Flow Statement
  2009-10			  2009-10	   2010-11		  2011-12	    2012-13	  2013-14		
    Budget			Est.Outcome	   Budget	     Var	  Estimate	    Estimate	  Estimate		
    $'000			    $'000	   $'000	      %	    $'000	     $'000	   $'000		
		CASH FLOWS FROM OPERATING ACTIVITIES								
		Receipts								
3,623		User Charges	3,708	3,867	4	4,003	4,144	4,282		
394		Interest Received	334	410	23	332	357	383		
228		Other Revenue	228	268	18	268	268	268		
4,245		Operating Receipts	4,270	4,545	6	4,603	4,769	4,933		
		Payments								
698		Related to Employees	700	914	31	895	910	925		
90		Related to Superannuation	90	108	20	109	114	117		
919		Related to Supplies and Services	1,019	1,008	-1	1,019	1,044	1,070		
1,842		Other	1,742	1,842	6	1,909	1,979	2,025		
3,549		Operating Payments	3,551	3,872	9	3,932	4,047	4,137		
696		NET CASH INFLOW/ (OUTFLOW) FROM OPERATING ACTIVITIES	719	673	-6	671	722	796		
		CASH FLOWS FROM INVESTING ACTIVITIES								
		Payments								
611		Purchase of Property, Plant and Equipment and Capital Works	611	882	44	180	180	180		
611		Investing Payments	611	882	44	180	180	180		
-611		NET CASH INFLOW/ (OUTFLOW) FROM INVESTING ACTIVITIES	-611	-882	-44	-180	-180	-180		
85		NET INCREASE/ (DECREASE) IN CASH HELD	108	-209	-294	491	542	616		
5,997		CASH AT BEGINNING OF REPORTING PERIOD	6,370	6,478	2	6,269	6,760	7,302		
6,082		CASH AT THE END OF THE REPORTING PERIOD	6,478	6,269	-3	6,760	7,302	7,918		

Australian Capital Territory Public Cemeteries Authority
Statement of Changes in Equity
    Budget			Est.Outcome	    Planned		   Planned	   Planned	   Planned		
as at 30/6/10			as at 30/6/10	as at 30/6/11	   Var	as at 30/6/12	as at 30/6/13	as at 30/6/14		
   $'000			   $'000	     $'000	    %	    $'000	    $'000	    $'000		
		Opening Equity								
2,415		Opening Accumulated Funds	7,841	8,129	4	8,341	8,513	8,749		
2,475		Opening Asset Revaluation Reserve	2,476	2,476	-	2,476	2,476	2,476		
3,072		Opening Other Reserve	0	0	-	0	0	0		
7,962		Balance at the Start of the Reporting Period	10,317	10,605	3	10,817	10,989	11,225		
		Comprehensive Income								
279		Operating Result for the Period	288	212	-26	172	236	324		
279		Total Comprehensive Income	288	212	-26	172	236	324		
0		Total Movement in Reserves	0	0	-	0	0	0		
		Transactions Involving Owners Affecting Accumulated Funds								
		Closing Equity								
2,694		Closing Accumulated Funds	8,129	8,341	3	8,513	8,749	9,073		
2,475		Closing Asset Revaluation Reserve	2,476	2,476	-	2,476	2,476	2,476		
3,072		Closing Other Reserve	0	0	-	0	0	0		
8,241		Balance at the End of the Reporting Period	10,605	10,817	2	10,989	11,225	11,549		
Notes to Budget Statements
Significant variations are as follows: 
Operating Statement
•	interest: 
–	the decrease of $0.060 million in the 2009‑10 estimated outcome from the original budget is due to lower than expected returns on investments; and
–	the increase of $0.076 million in the 2010‑11 Budget from the 2009‑10 estimated outcome is due to higher expected returns from investments.
•	other revenue:  the increase of $0.147 million in the 2010‑11 Budget from the 2009‑10 estimated outcome is due to an increase in payments from the Perpetual Care Trusts as a result of an expected increase in direct and indirect cemetery maintenance expenditure associated with the employment of an additional FTE.
•	other gains:  the increase of $0.055 million in the 2010‑11 Budget from the 2009‑10 estimated outcome is due to the disposal of plant and equipment ($0.040 million) and gains on investments ($0.015 million).
•	employee expenses:  the increase of $0.214 million in the 2010‑11 Budget from the 2009‑10 estimated outcome is due to the employment of 1.16 additional FTE’s due to the increased work load and replacement of a member of staff whilst on maternity leave.
•	supplies and services:  the increase of $0.1 million in the 2009‑10 estimated outcome from the original budget is due to one-off unbudgeted expenditure on public consultations for the proposed new Southern Cemetery.
•	depreciation:  the increase of $0.046 million in the 2010‑11 Budget from the 2009‑10 estimated outcome is due to the purchase of plant and equipment and off‑budget capital works to enhance the public cemeteries.
Balance Sheet
•	cash and cash equivalents:
–	the increase of $0.396 million in the 2009‑10 estimated outcome from the original budget is due to an increase in net cash flows from operating activities and lower than expected capital works expenditure; and
–	the decrease of $0.209 million in the 2010‑11 Budget from the 2009‑10 estimated outcome is due to an expected increase in capital works expenditure.
•	receivables:  the increase of $0.056 million in the 2009‑10 estimated outcome from the original budget is due to an increase in receivables from Gungahlin Perpetual Care Trust.
•	property, plant and equipment:  the increase of $0.538 million in the 2010‑11 Budget from the 2009‑10 estimated outcome is due to the purchase of plant and equipment and off-budget capital works to enhance the public cemeteries.
•	payables:  the decrease in payables of $0.030 million in the 2009‑10 estimated outcome from the original budget is due to lower than expected contributions to the Perpetual Care Trusts resulting from lower than budgeted high value sales at the Woden Cemetery.
•	other current provisions:  the decrease of $0.6 million in the 2009‑10 estimated outcome from the original budget is due to a change in the accounting treatment as a result of the 2008‑09 audit.  The liability is now classified as ‘other current liabilities’.
•	other current liabilities:  the increase of $0.544 million in the 2009‑10 estimated outcome from the original budget is due to a change in the accounting treatment as noted above.
•	other non current provisions:  the decrease of $4.756 million in the 2009‑10 estimated outcome from the original budget is due to changed accounting treatment as a result of the 2008‑09 audit.  The liability is now classified as ‘other non current liabilities’.
•	other non current liabilities:  the increase of $2.849 million in the 2009‑10 estimated outcome from the original budget is due to changed accounting treatment as noted above.
•	accumulated funds:  the increase of $5.435 million in the 2009‑10 estimated outcome from the original budget is due to the correction of prior period errors discussed above and the transfer of capital reserves to accumulated funds resulting from the 2008‑09 audit.
•	reserves:  the decrease of $3.071 million in the 2009‑10 estimated outcome from the original budget is due to the transfer of capital reserves to accumulated funds.
Cash Flow Statement
Variations in the statement are explained in the notes above.
Statement of Changes in Equity
Variations in the statement are explained in the notes above.