ACT Public Cemeteries Authority 
Purpose
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.
The key purpose of the Authority is to:
•	operate as an efficient Government business with a strong customer service focus;
•	adopt operating practices that safeguard the environment and the health and safety of staff and visitors; and
•	ensure the equitable availability of interment options for the entire ACT community.
2011-12 Priorities
Strategic and operational priorities to be pursued in 2011-12 include:
•	progressing the establishment of a new southern cemetery and crematorium to maintain burial capacity in the medium to long term in the ACT;
•	continuing to develop and refine 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.  
Business and Corporate Strategy
In seeking to achieve these objectives, the Authority undertakes to develop the following strategies in 2011-12:  
•	benchmarking the Authority against alternative service providers for quality and value for money in respect to all aspects of the Authority’s operations; 
•	upholding model financial practices and maintaining accounts and records that comply with the requirements of the Financial Management Act 1996, and which fairly present the Authority’s financial position, operations and cash flow results; and 
•	working to improve the investment strategy for the Perpetual Care Trust Funds and other cash investments in accordance with the Cemeteries and Crematoria Act 2003.  

Estimated Employment Level
2009‑10
Actual Outcome		2010-11
Budget
	2010-11
Est. Outcome	2011-12
Budget
	
14	Staffing (FTE) 	151	15	162	
Notes:
1.	The increase of 1 FTE in 2010-11 Budget from the 2009‑10 Actual Outcome was due to the backfill of staff on maternity leave.
2.	The increase of 1 FTE in the 2011‑12 Budget from the 2010-11 Estimated Outcome is the result of an expected increase in workload.  

Changes to Appropriation
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	 - 	 - 	 - 	 - 	 - 	
						
2011-12 Budget Policy Adjustment						
New Southern Cemetery (Design)	 - 	727	 - 	 - 	 - 	
						
2011-12 Budget	 - 	727	 - 	 - 	 - 	

2011-12 Capital Works Program 
 	Estimated	Estimated	2011-12	2012-13	2013-14	Physical 	
	Total	Expenditure	Financing	Financing	Financing	Completion 	
	Cost	Pre 2011‑12				Date  	
 	$’000	$’000	$’000	$’000	$’000	 	
							
New Capital Works							
New Southern Cemetery (Design)	727	-	727				
							
Total New Works	727	-	727				
							
Total Capital Works Program	727	-	727				

Australian Capital Territory Public Cemeteries 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								
2,316		User Charges - Non ACT Government	2,316	2,409	4	2,475	2,543	2,613		
410		Interest	410	484	18	507	531	556		
1,441		Other Revenue	1,441	1,448	..	1,488	1,529	1,571		
4,167		Total Revenue	4,167	4,341	4	4,470	4,603	4,740		
		Gains								
55		Other Gains	55	40	-27	40	40	40		
55		Total Gains	55	40	-27	40	40	40		
4,222		Total Income	4,222	4,381	4	4,510	4,643	4,780		
		Expenses								
938		Employee Expenses	1,038	1,142	10	1,167	1,188	1,208		
108		Superannuation Expenses	108	122	13	128	132	137		
1,007		Supplies and Services	886	797	-10	819	841	865		
344		Depreciation and Amortisation	344	385	12	376	367	359		
1,613		Other Expenses	1,634	1,628	..	1,673	1,719	1,766		
4,010		Total Ordinary Expenses	4,010	4,074	2	4,163	4,247	4,335		
212		Operating Result	212	307	45	347	396	445		
212		Total Comprehensive Income	212	307	45	347	396	445		

Australian Capital Territory Public Cemeteries 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								
6,269		Cash and Cash Equivalents	6,784	7,415	9	8,064	8,752	9,489		
565		Receivables	185	190	3	196	202	208		
13		Other	13	14	8	15	16	17		
6,847		Total Current Assets	6,982	7,619	9	8,275	8,970	9,714		
		Non Current Assets								
0		Receivables	561	561	-	561	561	561		
733		Investments	745	760	2	775	790	805		
7,378		Property, Plant and Equipment	7,126	6,920	-3	6,727	6,548	6,369		
0		Capital Works in Progress	0	727	#	727	727	727		
8,111		Total Non Current Assets	8,432	8,968	6	8,790	8,626	8,462		
14,958		TOTAL ASSETS	15,414	16,587	8	17,065	17,596	18,176		
		Current Liabilities								
262		Payables	206	215	4	224	233	242		
365		Employee Benefits	381	402	6	414	430	446		
554		Other	706	716	1	726	736	746		
1,181		Total Current Liabilities	1,293	1,333	3	1,364	1,399	1,434		
		Non Current Liabilities								
17		Employee Benefits	18	24	33	30	36	42		
2,943		Other	3,148	3,241	3	3,335	3,429	3,523		
2,960		Total Non Current Liabilities	3,166	3,265	3	3,365	3,465	3,565		
4,141		TOTAL LIABILITIES	4,459	4,598	3	4,729	4,864	4,999		
10,817		NET ASSETS	10,955	11,989	9	12,336	12,732	13,177		
		REPRESENTED BY FUNDS EMPLOYED								
8,341		Accumulated Funds	8,479	9,513	12	9,860	10,256	10,701		
2,476		Reserves	2,476	2,476	-	2,476	2,476	2,476		
10,817		TOTAL FUNDS EMPLOYED	10,955	11,989	9	12,336	12,732	13,177		

Australian Capital Territory Public Cemeteries 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								
3,867		User Charges	3,867	4,003	4	4,144	4,230	4,383		
410		Interest Received	410	485	18	505	530	500		
268		Other Revenue	268	268	-	268	268	268		
4,545		Operating Receipts	4,545	4,756	5	4,917	5,028	5,151		
		Payments								
914		Related to Employees	914	906	-1	937	963	961		
108		Related to Superannuation	108	111	3	128	132	133		
1,008		Related to Supplies and Services	1,008	1,019	1	1,044	1,060	1,070		
1,842		Other	1,842	1,909	4	1,979	2,005	2,070		
3,872		Operating Payments	3,872	3,945	2	4,088	4,160	4,234		
673		NET CASH INFLOW/ (OUTFLOW) FROM OPERATING ACTIVITIES	673	811	21	829	868	917		
		CASH FLOWS FROM INVESTING ACTIVITIES								
		Payments								
882		Purchase of Property, Plant and Equipment and Capital Works	882	907	3	180	180	180		
882		Investing Payments	882	907	3	180	180	180		
-882		NET CASH INFLOW/ (OUTFLOW) FROM INVESTING ACTIVITIES	-882	-907	-3	-180	-180	-180		
		CASH FLOWS FROM FINANCING ACTIVITIES								
		Receipts								
0		Capital Injection from Government	0	727	#	0	0	0		
0		Financing Receipts	0	727	#	0	0	0		
0		NET CASH INFLOW/ (OUTFLOW) FROM FINANCING ACTIVITIES	0	727	#	0	0	0		
-209		NET INCREASE/ (DECREASE) IN CASH HELD	-209	631	402	649	688	737		
6,478		CASH AT BEGINNING OF REPORTING PERIOD	6,993	6,784	-3	7,415	8,064	8,752		
6,269		CASH AT THE END OF THE REPORTING PERIOD	6,784	7,415	9	8,064	8,752	9,489		

Australian Capital Territory Public Cemeteries 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								
8,129		Opening Accumulated Funds	8,267	8,479	3	9,513	9,860	10,256		
2,476		Opening Asset Revaluation Reserve	2,476	2,476	-	2,476	2,476	2,476		
10,605		Balance at the Start of the Reporting Period	10,743	10,955	2	11,989	12,336	12,732		
		Comprehensive Income								
212		Operating Result for the Period	212	307	45	347	396	445		
212		Total Comprehensive Income	212	307	45	347	396	445		
0		Total Movement In Reserves	0	0	-	0	0	0		
		Transactions Involving Owners Affecting Accumulated Funds								
0		Capital Injections	0	727	#	0	0	0		
0		Total Transactions Involving Owners Affecting Accumulated Funds	0	727	#	0	0	0		
		Closing Equity								
8,341		Closing Accumulated Funds	8,479	9,513	12	9,860	10,256	10,701		
2,476		Closing Asset Revaluation Reserve	2,476	2,476	-	2,476	2,476	2,476		
10,817		Balance at the End of the Reporting Period	10,955	11,989	9	12,336	12,732	13,177		

Notes to Budget Statements
Significant variations are as follows:
Operating Statement
•	user charges non‑ACT Government:  the increase of $0.093 million in the 2011‑12 Budget from the 2010-11 estimated outcome is due to the CPI increase in fees and charges.
•	interest:  the increase of $0.074 million in the 2011‑12 Budget from the 2010‑11 estimated outcome is due to growth in cash reserves.
•	other gains:  the decrease of $0.015 million in the 2011‑12 Budget from the 2010‑11 estimated outcome is due to a lower than expected value in the disposal of plant and equipment.
•	employee expenses:  
–	the increase of $0.1 million in the 2010‑11 estimated outcome from the original budget reflects an increase of one FTE to fill a position held by a member of staff who was on maternity leave; and
–	the increase of $0.104 million in the 2011‑12 Budget from the 2010‑11 estimated outcome is due to the employment of one additional FTE as a result of increased work load due to the general expansion of cemetery grounds.
•	supplies and services:  
–	the decrease of $0.121 million in the 2010‑11 estimated outcome from the original budget reflects lower than expected expenditure for water and grounds maintenance; and
–	the decrease of $0.089 million in the 2011‑12 Budget from the 2010‑11 estimated outcome is due to a range of savings, including reduced utilities expenses from lower water requirements, a reduction in consultant expenses as a result of completion of community consultation for the southern cemetery and crematorium, and lower repairs and maintenance expenses.
•	depreciation and amortisation:  the increase of $0.041 million in the 2011‑12 Budget from the 2010‑11 estimated outcome is due to the completion of existing capital works.
Balance Sheet
•	cash and cash equivalents:  
–	the increase of $0.515 million in the 2010‑11 estimated outcome from the original budget reflects higher cash balances at the beginning of the reporting period resulting from higher than expected interest revenue and lower than expected deposits to Perpetual Care Trusts (PCT); and
–	the increase of $0.631 million in the 2011‑12 Budget over the 2010‑11 estimated outcome is due to an increase in net cash flows from sales activities and interest on investments.  

•	current receivables:  the decrease of $0.380 million in the 2010‑11 estimated outcome from the original budget is due to the re-classification of the Gungahlin PCT as a non‑current receivable which caused a reduction in current receivables of ($0.561 million). This was partially offset by an increase in other receivables ($0.181 million).
•	non-current receivables:  the increase of $0.561 million in the 2010‑11 estimated outcome from the original budget reflects the re-classification of the Gungahlin PCT as a non‑current receivable.
•	property, plant and equipment:  
–	the decrease of $0.252 million in the 2010‑11 estimated outcome from the original budget reflects lower than expected capital acquisitions and depreciation on completed capital works; and
–	the decrease of $0.206 million in the 2011‑12 Budget from the 2010‑11 estimated outcome is due to higher levels of depreciation and lower levels of the acquisition of property, plant and equipment.  
•	capital works in progress:  the increase of $0.727 million in the 2011‑12 Budget from the 2010-11 estimated outcome is due to design work for a new southern cemetery and crematorium.  
•	payables:  the decrease of $0.056 million in the 2010‑11 estimated outcome from the original budget reflects reduced supplies and services expenses.
•	current and non-current other liabilities:  an increase of $0.357 million in the 2010‑11 estimated outcome from the original budget reflects an increased level of mausoleum payments, plaque fees and pre-payments for reservation of allotments.
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.