Auditor-General
Objectives
Consistent with its responsibilities under the Auditor‑General Act 1996, the objectives of the Auditor-General’s Office (the Office) are to:
•	inform the ACT Legislative Assembly and the community of the performance of the public sector; and
•	contribute to improving the performance of public sector agencies.
The Office performs its role mainly through conducting financial statement and performance audits and reporting the results to the ACT Legislative Assembly.
The Office also performs other activities such as reporting requirements under the Government Procurement Act 2001 and investigations carried out under the Public Interest Disclosure Act 1994.
2005-06 Highlights
Strategic and operational issues to be pursued in 2005‑06 include:
•	completing the financial audit program in accordance with the whole of government timetable;
•	assisting agencies with the smooth transition to reporting under the international accounting standards framework;
•	improving the Office’s capacity to deliver timely performance audits and other investigations;
•	improving the Office’s capacity to provide advice to agencies on a range of matters including relevant legislative reviews and good governance; 
•	improving staff training and development; and
•	continuing to implement the Office’s 2004‑2007 Strategic Plan.

Changes to Appropriation
Changes to Appropriation - Departmental						
 	2004-05	2005-06	2006-07	2007-08	2008-09	
Government Payment for Outputs	Est. Outc.	Budget	Estimate	Estimate	Estimate	
 	$'000	$'000	$'000	$'000	$'000	
						
2004-05 Budget	  1  279	  1  305	  1  331	  1  357	  1  357	
						
2005-06 Budget Policy Adjustments						
Accommodation Costs	    0	    75	    115	    124	    133	
2005-06 Budget Technical Adjustments						
Revised Indexation Parameters	    0	    0	    0	    0	    41	
						
2005-06 Budget 	  1  279	  1  380	  1  446	  1  481	  1  531	

Changes to Appropriation - Departmental						
 	2004-05	2005-06	2006-07	2007-08	2008-09	
Capital Injections	Est. Outc.	Budget	Estimate	Estimate	Estimate	
 	$'000	$'000	$'000	$'000	$'000	
						
2004-05 Budget	    0	    0	    0	    0	    0	
						
2nd Appropriation						
Audit Office Accommodation	    650	    0	    0	    0	    0	
						
2005-06 Budget 	    650	    0	    0	    0	    0	

Auditor-General	
Operating Statement	
  2004-05			  2004-05	   2005-06		  2006-07	  2007-08	  2008-09		
    Budget			Est.Outcome	   Budget	   Var	  Estimate	   Estimate	  Estimate		
    $'000			   $'000	   $'000	    %	   $'000	    $'000	   $'000		
		Income								
		Revenue								
1  279		Government Payment for Outputs	1  279	1  380	8	1  446	1  481	1  531		
253		User Charges - Non ACT Government	253	260	3	268	276	285		
2  112		User Charges - ACT Government	2  112	2  176	3	2  240	2  308	2  377		
23		Interest	23	25	9	25	25	25		
3  667		Total Revenue	3  667	3  841	5	3  979	4  090	4  218		
		Gains								
0		Total Gains	0	0	-	0	0	0		
3  667		Total Income	3  667	3  841	5	3  979	4  090	4  218		
		Expenses								
2  126		Employee Expenses	2  120	2  208	4	2  283	2  361	2  432		
232		Superannuation Expenses	300	280	-7	291	302	302		
1  202		Supplies and Services	1  255	1  309	4	1  358	1  412	1  458		
25		Depreciation and Amortisation	25	54	116	38	35	30		
3  585		Total Ordinary Expenses	3  700	3  851	4	3  970	4  110	4  222		
82		Operating Result	-33	-10	70	9	-20	-4		

Auditor-General	
Balance Sheet	
    Budget			Est.Outcome	   Planned		   Planned	   Planned	   Planned		
as at 30/6/05			as at 30/6/05	as at 30/6/06	   Var	as at 30/6/07	as at 30/6/08	as at 30/6/09		
   $'000			   $'000	    $'000	    %	    $'000	    $'000	    $'000		
		Current Assets								
127		Cash	211	323	53	408	463	532		
555		Receivables	852	852	-	852	852	852		
300		Investments	400	400	-	400	400	400		
9		Other	0	0	-	0	0	0		
991		Total Current Assets	1  463	1  575	8	1  660	1  715	1  784		
		Non Current Assets								
22		Property, Plant and Equipment	664	610	-8	572	537	507		
22		Total Non Current Assets	664	610	-8	572	537	507		
1  013		TOTAL ASSETS	2  127	2  185	3	2  232	2  252	2  291		
		Current Liabilities								
100		Payables	157	157	-	157	157	157		
130		Employee Benefits	220	251	14	283	317	352		
13		Other	16	16	-	16	16	16		
243		Total Current Liabilities	393	424	8	456	490	525		
		Non Current Liabilities								
254		Employee Benefits	431	452	5	474	496	519		
5		Other	36	52	44	36	20	5		
259		Total Non Current Liabilities	467	504	8	510	516	524		
502		TOTAL LIABILITIES	860	928	8	966	1  006	1  049		
511		NET ASSETS	1  267	1  257	-1	1  266	1  246	1  242		
		REPRESENTED BY FUNDS EMPLOYED								
511		Accumulated Funds	1  267	1  257	-1	1  266	1  246	1  242		
511		TOTAL FUNDS EMPLOYED	1  267	1  257	-1	1  266	1  246	1  242		

Auditor-General	
Cash Flow Statement	
  2004-05			  2004-05	   2005-06		  2006-07	  2007-08	  2008-09		
    Budget			Est.Outcome	   Budget	   Var	  Estimate	   Estimate	  Estimate		
    $'000			   $'000	   $'000	    %	   $'000	    $'000	   $'000		
		CASH FLOWS FROM OPERATING ACTIVITIES								
		Receipts								
1  279		Cash from Government for Outputs	1  279	1  380	8	1  446	1  481	1  531		
2  365		User Charges	2  370	2  436	3	2  508	2  584	2  662		
23		Interest Received	23	25	9	25	25	25		
346		Other Revenue	218	215	-1	215	215	215		
4  013		Operating Receipts	3  890	4  056	4	4  194	4  305	4  433		
		Payments								
2  311		Related to Employees	2  305	2  436	6	2  520	2  607	2  676		
1  215		Related to Supplies and Services	1  254	1  293	3	1  374	1  428	1  473		
347		Other	215	215	-	215	215	215		
3  873		Operating Payments	3  774	3  944	5	4  109	4  250	4  364		
140		NET CASH INFLOW/(OUTFLOW) FROM OPERATING ACTIVITIES	116	112	-3	85	55	69		
		CASH FLOWS FROM INVESTING ACTIVITIES								
		Payments								
0		Purchase of Property, Plant and Equipment	650	0	-100	0	0	0		
0		Investing Payments	650	0	-100	0	0	0		
0		NET CASH INFLOW/(OUTFLOW) FROM INVESTING ACTIVITIES	-650	0	100	0	0	0		
		CASH FLOWS FROM FINANCING ACTIVITIES								
		Receipts								
0		Capital Injection from Government	650	0	-100	0	0	0		
0		Financing Receipts	650	0	-100	0	0	0		
0		NET CASH INFLOW/(OUTFLOW) FROM FINANCING ACTIVITIES	650	0	-100	0	0	0		
140		NET INCREASE/(DECREASE) IN CASH HELD	116	112	-3	85	55	69		
287		CASH AT BEGINNING OF REPORTING PERIOD	495	611	23	723	808	863		
427		CASH AT THE END OF THE REPORTING PERIOD	611	723	18	808	863	932		

Auditor-General	
Statement of Changes in Equity	
    Budget			Est.Outcome	   Planned		   Planned	   Planned	   Planned		
as at 30/6/05			as at 30/6/05	as at 30/6/06	   Var	as at 30/6/07	as at 30/6/08	as at 30/6/09		
   $'000			   $'000	    $'000	    %	    $'000	    $'000	    $'000		
429		Opening Balance	650	1  267	95	1  257	1  266	1  246		
		Accumulated Funds								
82		Operating Result for the Period	-33	-10	70	9	-20	-4		
		Reserves								
82		Total Income And Expense For The Period	-33	-10	70	9	-20	-4		
		Transactions Involving Equity Holders Affecting Accumulated Funds								
0		Capital Injections	650	0	-100	0	0	0		
511		Closing Balance	1  267	1  257	-1	1  266	1  246	1  242		
Notes to the Budget Statements
The Auditor-General’s budget each year is determined by a procedure set in legislation.  After consultation with the Auditor-General, the Standing Committee on Public Accounts advises the Treasurer of the level of funding which the Committee considers appropriate for the Auditor-General’s Office.
Significant variations are as follows:
Operating Statement
•	government payment for outputs:  the increase of $0.101m in the 2005‑06 Budget from the 2004‑05 estimated outcome is due to the funding for additional rental and overhead costs associated with the Office’s new accommodation ($0.075m) and indexation ($0.026m); and 
•	depreciation and amortisation:  the increase of $0.029m in the 2005‑06 Budget from the 2004‑05 estimated outcome is due to the capitalised office fit-out for the new accommodation. 
Balance Sheet
•	current assets:  the increase of $0.472m in the 2004‑05 estimated outcome from the original budget reflects the greater cash balances brought over from 2003‑04 due largely to less than budgeted employee-related expenditure ($0.184m), and a projected higher level of debtors associated with audit work ($0.297m);
•	non current assets:  the increase of $0.642m in the 2004‑05 estimated outcome from the original budget is due to the capitalised office fit-out for the new accommodation; and
•	total liabilities:  the increase of $0.358m in the 2004‑05 estimated outcome from the original budget is primarily due to the prior service entitlements brought by new appointments and additional liabilities arising from the recent wage increases.
Cash Flow Statement
The major variances within the Cash Flow Statement are explained within the Operating Statement and Balance Sheet.
Other significant variations are as follows:
•	purchase of property, plant and equipment and capital injection:  the increase of $0.650m in the 2004‑05 estimated outcome from the original budget relates to the fit‑out of the new office accommodation at 11 Moore Street.