ACT Public Cemeteries Authority
Objectives
The ACT Public Cemeteries Authority (the Authority) operates under the Cemeteries and Crematoria Act 2003.  It manages and operates public cemeteries at Gungahlin, Woden and Hall.  The Authority aims to operate these cemeteries on a sustainable basis to minimise the cost to Government and the community.
The Authority will continue to provide a wide range of burial options across all cemeteries to meet the diverse needs of the community and other groups that use cemetery services.
2008‑09 Priorities
Strategic and operational issues to be pursued in 2008‑09 include:
•	continuing to develop and refine the range of services and options for burial and memorialisation;
•	continuing to employ innovative solutions to reduce the cost of maintenance, with a view to enhancing perpetual care arrangements;
•	continuing to work towards environmentally sustainable maintenance practices;
•	continuing to actively promote the pre-purchase of cemetery services; and
•	providing high quality landscape presentation within cemetery grounds.

Estimated Employment Level
2007‑08
Budget			2007-08
Est. Outcome	2008-09
Budget	
13		Staffing  (FTE)	13	13	

Australian Capital Territory Public Cemeteries Authority	
Operating Statement	
  2007-08			  2007-08	   2008-09		  2009-10	  2010-11	  2011-12		
    Budget			Est.Outcome	   Budget	   Var	  Estimate	   Estimate	  Estimate		
    $'000			   $'000	   $'000	    %	   $'000	    $'000	   $'000		
		Income								
		Revenue								
2,042		User Charges - Non ACT Government	2,042	2,182	7	2,269	2,360	2,454		
218		Interest	433	504	16	517	529	541		
0		Other Revenue	1,023	1,087	6	1,114	1,142	1,170		
2,260		Total Revenue	3,498	3,773	8	3,900	4,031	4,165		
		Gains								
0		Total Gains	0	0	-	0	0	0		
2,260		Total Income	3,498	3,773	8	3,900	4,031	4,165		
		Expenses								
663		Employee Expenses	663	688	4	707	735	764		
116		Superannuation Expenses	116	122	5	124	125	126		
821		Supplies and Services	821	839	2	857	875	896		
171		Depreciation and Amortisation	214	262	22	262	262	262		
0		Other Expenses	1,153	1,331	15	1,364	1,398	1,433		
1,771		Total Ordinary Expenses	2,967	3,242	9	3,314	3,395	3,481		
489		Operating Result	531	531	-	586	636	684		

Australian Capital Territory Public Cemeteries Authority	
Balance Sheet	
    Budget			Est.Outcome	   Planned		   Planned	   Planned	   Planned		
as at 30/6/08			as at 30/6/08	as at 30/6/09	   Var	as at 30/6/10	as at 30/6/11	as at 30/6/12		
   $'000			   $'000	    $'000	    %	    $'000	    $'000	    $'000		
		Current Assets								
5,557		Cash and Cash Equivalents	5,444	6,193	14	6,990	7,836	8,730		
271		Receivables	346	348	1	350	352	354		
11		Other	12	12	-	12	12	12		
5,839		Total Current Assets	5,802	6,553	13	7,352	8,200	9,096		
		Non Current Assets								
692		Investments	683	683	-	683	683	683		
5,205		Property, Plant and Equipment	5,495	5,413	-1	5,331	5,249	5,167		
5,897		Total Non Current Assets	6,178	6,096	-1	6,014	5,932	5,850		
11,736		TOTAL ASSETS	11,980	12,649	6	13,366	14,132	14,946		
		Current Liabilities								
134		Payables	159	160	1	161	162	163		
297		Employee Benefits	296	316	7	329	342	355		
643		Other Provisions	626	636	2	646	656	666		
1,074		Total Current Liabilities	1,081	1,112	3	1,136	1,160	1,184		
		Non Current Liabilities								
20		Employee Benefits	15	22	47	29	35	41		
4,259		Other Provisions	4,427	4,527	2	4,627	4,727	4,827		
4,279		Total Non Current Liabilities	4,442	4,549	2	4,656	4,762	4,868		
5,353		TOTAL LIABILITIES	5,523	5,661	2	5,792	5,922	6,052		
6,383		NET ASSETS	6,457	6,988	8	7,574	8,210	8,894		
		REPRESENTED BY FUNDS EMPLOYED								
1,871		Accumulated Funds	1,945	2,476	27	3,062	3,698	4,382		
4,512		Reserves	4,512	4,512	-	4,512	4,512	4,512		
6,383		TOTAL FUNDS EMPLOYED	6,457	6,988	8	7,574	8,210	8,894		

Australian Capital Territory Public Cemeteries Authority	
Cash Flow Statement	
  2007-08			  2007-08	   2008-09		  2009-10	  2010-11	  2011-12		
    Budget			Est.Outcome	   Budget	   Var	  Estimate	   Estimate	  Estimate		
    $'000			   $'000	   $'000	    %	   $'000	    $'000	   $'000		
		CASH FLOWS FROM OPERATING ACTIVITIES								
		Receipts								
2,152		User Charges	2,152	2,292	7	2,379	2,470	2,564		
218		Interest Received	433	504	16	517	529	541		
228		Other Revenue	1,251	1,315	5	1,342	1,370	1,398		
2,598		Operating Receipts	3,836	4,111	7	4,238	4,369	4,503		
		Payments								
751		Related to Employees	751	783	4	811	840	870		
821		Related to Supplies and Services	821	839	2	857	876	897		
229		Other	1,382	1,560	13	1,593	1,627	1,662		
1,801		Operating Payments	2,954	3,182	8	3,261	3,343	3,429		
797		NET CASH INFLOW/(OUTFLOW) FROM OPERATING ACTIVITIES	882	929	5	977	1,026	1,074		
		CASH FLOWS FROM INVESTING ACTIVITIES								
		Payments								
180		Purchase of Property, Plant and Equipment	457	180	-61	180	180	180		
180		Investing Payments	457	180	-61	180	180	180		
-180		NET CASH INFLOW/(OUTFLOW) FROM INVESTING ACTIVITIES	-457	-180	61	-180	-180	-180		
617		NET INCREASE/(DECREASE) IN CASH HELD	425	749	76	797	846	894		
4,940		CASH AT BEGINNING OF REPORTING PERIOD	5,019	5,444	8	6,193	6,990	7,836		
5,557		CASH AT THE END OF THE REPORTING PERIOD	5,444	6,193	14	6,990	7,836	8,730		

Australian Capital Territory Public Cemeteries Authority	
Statement of Changes in Equity	
    Budget			Est.Outcome	   Planned		   Planned	   Planned	   Planned		
as at 30/6/08			as at 30/6/08	as at 30/6/09	   Var	as at 30/6/10	as at 30/6/11	as at 30/6/12		
   $'000			   $'000	    $'000	    %	    $'000	    $'000	    $'000		
5,894		Opening Balance	5,926	6,457	9	6,988	7,574	8,210		
		Accumulated Funds								
489		Operating Result for the Period	531	531	-	586	636	684		
		Reserves								
489		Total Income And Expense For The Period	531	531	-	586	636	684		
		Transactions Involving Equity Holders Affecting Accumulated Funds								
6,383		Closing Balance	6,457	6,988	8	7,574	8,210	8,894		
Notes to Budget Statements
Significant variations are as follows:
Operating Statement
•	user charges non ACT Government:  the increase of $0.140 million in the 2008‑09 Budget from the 2007‑08 estimated outcome is due to an annual increase in fees and charges to address the Perpetual Care Trusts’ (PCT) contribution requirements.
•	interest:  the increase of $0.215 million in the 2007‑08 estimated outcome from the original budget and the increase of $0.071 million in the 2008‑09 Budget from the 2007‑08 estimated outcome is due to higher returns resulting from higher rates.  
•	other revenue:  the increase of $1.023 million in the 2007‑08 estimated outcome from the original budget and the increase of $0.064 million in the 2008‑09 Budget from the 2007‑08 estimated outcome is due to a reclassification off transactions, in 2006‑07, and from the PCT.  These had previously been netted of against user change revenue, and now will be recognised as ‘Other Revenue’ and ‘Other Expense’.  
•	Depreciation and amortisation:  the increase of $0.043 million in the 2007‑08 estimated outcome from the original budget and the increase of $0.048 million in the 2008-09 Budget from the 2007‑08 estimated outcome is primarily due to additional asset purchases in 2007‑08.
•	other expense:  the increase of $1.153 million in the 2007‑08 estimated outcome from the original budget and the increase of $0.178 million in the 2008-09 Budget from the 2007‑08 estimated outcome is due to a reclassification of payments as noted above.
Balance Sheet
•	cash:  the increase of $0.749 million in the 2008‑09 Budget from the 2007‑08 estimated outcome is due to price rises relating to the application of the PCT regime.
•	receivables:  the increase of $0.075 million in the 2007‑08 estimated outcome from the original budget is due to the flow-on effect of the 2006‑07 audited outcome, and relates to higher levels of estimated annual payments from the PCT for maintenance.
•	property, plant and equipment:  the increase of $0.290 million in the 2007‑08 estimated outcome from the original budget is largely due to capital purchases during 2007‑08 to update the office and administration area ($0.131 million), other areas of the Gungahlin Cemetery ($0.103 million) and the Woden Cemetery ($0.052 million).
•	payables:  the increase of $0.025 million in the 2007‑08 estimated outcome from the original budget has resulted from the flow-on effect of the 2006‑07 audited outcome, which identified increased sales at Woden, resulting in larger PCT contributions. 
•	other provisions - non-current:   an increase of $0.168 million in the 2007‑08 estimated outcome from the original budget is due to flow-on effects of the 2006‑07 audited outcome.
Cash Flow Statement
•	purchase of property, plant and equipment:  an increase of $0.277 million in the 2007‑08 estimated outcome from the original budget is due to the issues noted above in ‘property, plant and equipment’.