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 Note 1: Budgetary Reports and Variances

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The following tables provide a comparison of the budget as presented in the 2017-18 Portfolio Budget Statements (PBS) to the 2017-18 final outcome as presented in accordance with the Australian Accounting Standards for the department. The budget is not audited. Explanations of major variances are provided below.

 1.1A Departmental budgetary reports

ATTORNEY-GENERAL'S DEPARTMENT
STATEMENT OF COMPREHENSIVE INCOME
for the period ended 30 June 2018
  Original Budget Actual Variance1
  2018
$'000
2018
$'000
2018
$'000
NET COST OF SERVICES      
EXPENSES      
Employee benefits 221,762 205,747 (16,015)
Suppliers 157,443 92,129 (65,314)
Grants - 896 896
Write-down and impairment of assets and other expenses - 117 117
Resources provided free of charge - 6,041 6,041
Depreciation and amortisation 22,698 18,587 (4,111)
Total expenses 401,903 323,517 (78,386)
       
OWN SOURCE INCOME      
Own-source revenue 181,898 160,323 (21,575)
Sale of goods and rendering of services 100 65 (35)
Interest - deposits 2,073 - (2,073)
Total own-source revenue 184,071 160,388 (23,683)
       
Gains      
Other gains 495 495 -
Total gains 495 495 -
Total own-source income 184,566 160,883 (23,683)
Net cost of services 217,337 162,634 (54,703)
Revenue from government - departmental appropriations 203,970 181,822 (22,148)
Surplus before income tax on continuing operations (13,367) 19,188 32,555
Income tax expense - 4,667 4,667
Surplus after income tax on continuing operations (13,367) 14,521 27,888
       
OTHER COMPREHENSIVE INCOME      
Items not subject to subsequent reclassification to 'net cost of service'      
Changes in asset revaluation surplus - 5,985 5,985
Total other comprehensive income - 5,985 5,985
Total comprehensive income attributable to the Australian Government   (13,367) 20,506 33,873

1. Between the actual and original budgeted amounts for 2018. Explanations of major variances are provided further below.

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ATTORNEY-GENERAL'S DEPARTMENT
STATEMENT OF FINANCIAL POSITION
for the period ended 30 June 2018
  Original Budget Actual Variance1
  2018
$'000
2018
$'000
2018
$'000
ASSETS      
Financial assets      
Cash and cash equivalents 39,021 55,735 16,714
Trade and other receivables 98,691 104,892 6,201
Total financial assets 137,712 160,627 22,915
       
Non-financial assets      
Land and buildings 47,232 53,370 6,138
Heritage and cultural 4,204 3,774 (430)
Property, plant and equipment 35,012 9,968 (25,044)
Intangibles – computer software 23,318 9,271 (14,047)
Other non-financial assets 23,318 8,047 2,386
Total non-financial assets 115,427 84,430 (30,997)
Total assets 253,139 245,057 (8,082)
       
LIABILITIES      
Payables      
Suppliers 35,290 40,247 4,957
Other payables 14,894 29,579 14,685
Total payables 50,184 69,826 19,642
       
Provisions      
Employee provisions 57,873 53,571 (4,302)
Makegood provisions - 316 316
Other provisions 67 13 (54)
Total provisions 57,940 53,900 (4,040)
Total liabilities 108,124 123,726 15,602
Net assets 145,015 121,331 (23,684)

1. Between the actual and original budgeted amounts for 2018. Explanations of major variances are provided further below.

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ATTORNEY-GENERAL'S DEPARTMENT
STATEMENT OF CHANGES IN EQUITY
for the period ended 30 June 2018
  Original Budget Actual Variance1
  2018
$'000
2018
$'000
2018
$'000
CONTRIBUTED EQUITY      
Opening balance    
Balance carried forward from previous period 262,043 250,345 (11,698)
Adjusted opening balance 262,043 250,345 (11,698)
       
Transactions with owners      
Distributions to owners      
Distribution of equity 4,942 - (4,942)
Contributions by owners      
Departmental Capital Budget 18,369 11,156 (7,213)
Equity injection - Appropriations 8,383 17,723 9,340
Other (1,079) (44,289) (43,210)
Total transactions with owners 30,615 (15,410) (46,025)
Closing balance as at 30 June 292,658 234,935 (57,723)
       
RETAINED EARNINGS      
Opening balance      
Balance carried forward from previous period (152,839) (136,821) 16,018
Adjusted opening balance (152,839) (136,821) 16,018
       
Comprehensive Income      
Surplus/(Deficit) for the period (13,367) 14,521 27,888
Total comprehensive income (13,367) 14,521 27,888
Transactions with owners      
Distributions to owners      
Dividends (2,147) (17,894) (15,747)
Closing balance as at 30 June (168,353) (140,193) 28,160

1. Between the actual and original budgeted amounts for 2018. Explanations of major variances are provided further below.

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Original Budget Actual Variance1
2018
$'000
2018
$'000
2018
$'000
ASSET REVALUATION RESERVE      
Opening balance      
Balance carried forward from previous period 20,710 20,604 (106)
Adjusted opening balance 20,710 20,604 (106)
       
Comprehensive Income      
Other comprehensive income - 5,985 5,985
Total comprehensive income - 5,985 5,985
Closing balance as at 30 June 20,710 26,589 5,879
       
TOTAL EQUITY      
Opening balance      
Balance carried forward from previous period 129,914 134,128 4,214
Adjusted opening balance 129,914 134,128 4,214
       
Comprehensive Income      
Surplus/(Deficit) for the period (13,367) 14,521 27,888
Other comprehensive income - 5,985 5,985
Total comprehensive income (13,367) 20,506 33,873
Transactions with owners      
Distributions to owners      
Dividends (2,147) (17,894) (15,747)
Distribution of equity 4,942 - (4,942)
Contributions by owners      
Departmental Capital Budget 18,369 11,156 (7,213)
Equity injection - Appropriations 8,383 17,723 9,340
Other (1,079) (44,289) (43,210)
Total transactions with owners 28,468 (33,304) (61,772)
Closing balance as at 30 June 145,015 121,331 (23,684)

1Between the actual and original budgeted amounts for 2018. Explanations of major variances are provided further below.

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ATTORNEY-GENERAL'S DEPARTMENT
CASH FLOW STATEMENT
for the period ended 30 June 2018
  Original Budget Actual Variance1
  2018
$'000
2018
$'000
2018
$'000
OPERATING ACTIVITIES      
Cash received    
Sale of goods and rendering of services 180,433 171,043 (9,390)
Appropriations 204,218 207,306 3,088
GST received - 4,427 4,427
Interest 100 65 (35)
Total cash received 384,751 382,841 (1,910)
       
Cash used      
Employees 221,178 212,558 (8,620)
Suppliers 156,581 106,241 (50,340)
Grants - 1,196 1,196
Income taxes paid - 4,667 4,667
Section 74 receipts transferred to Official Public Account - 31,622 31,622
Total cash used 377,759 356,284 (21,475)
Net cash from operating activities 6,992 26,557 19,565
       
INVESTING ACTIVITIES      
Cash used      
Purchase of land and buildings 6,178 15,291 9,113
Purchase of property, plant and equipment 19,172 4,187 (14,985)
Purchase of intangibles and internally developed intangibles 6,344 6,909 565
Total cash used 31,694 26,387 (5,307)
Net cash used by investing activities (31,694) (26,387) 5,307
       
FINANCING ACTIVITIES      
Cash received      
Contributed equity 30,140 20,682 (9,458)
Total cash received 30,140 20,682 (9,458)
       
Cash used      
Dividends paid 2,147 9,040 6,893
Total cash used 2,147 9,040 6,893
Net cash from financing activities 27,993 11,642 (16,351)
Net increase/(decrease) in cash held 3,291 11,812 8,521
Cash and cash equivalents at the beginning of the reporting period 35,730 43,923 8,193
Cash and cash equivalents at the end of the reporting period 39,021 55,735 16,714

1. Between the actual and original budgeted amounts for 2018. Explanations of major variances are provided further below.

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The following tables provide a comparison of the budget as presented in the 2017-18 Portfolio Budget Statements (PBS) to the 2017-18 final outcome as presented in accordance with the Australian Accounting Standards for the department. The budget is not audited.

Explanations of major variances are provided below.

Affected line items Variance Amount
$'000
Explanation of major variance
Statement of Comprehensive Income
   
Employee benefits  (16,015) The variance is due to the transfer of national security functions to the Department of Home Affairs following the Administrative Arrangements Order (AAO) of 20 December 2017 and 10 May 2018. 
Suppliers (65,314) The variance is primarily due to the inclusion of AGS disbursement expenses of $30m in the budget which is offset by disbursement revenue in the actuals.

In addition, a number of programs had underspends against budget, including the Cyber Security NPP - $10m; AGS - $11m; and national security programs transferred to the Department of Home Affairs - $6m.
Resources provided free of charge 6,041 The variance is due to the recognition of resources provided free of charge (including employee payments) to the Department of Home Affairs following the AAO discussed above. The total value of this resource was $6.041m and covered the period of 20 December 2017 to 8 February 2018.
Depreciation and amortisation (4,111) The variance is primarily due to the transfer of national security assets to the Department of Home Affairs following the AAO of 20 December 2017 and 10 May 2018.
Sales of goods and rendering of services (21,575) The variance is primarily due to the inclusion of AGS disbursement revenues of $30m in the budget which is offset by disbursement expenses in the actuals.
Statement of Financial Position
Cash and cash equivalents 16,714 The variance reflects a better than expected operating outcome for the AGS.
Property, plant and equipment (25,044) The variance is due to the transfer of national security assets to the Department of Home Affairs following the AAO of 20 December 2017 and 10 May 2018.
Intangibles (14,047) As above.
Other payables 14,685 The budgeted estimate for other payables is made on a rolling three-year historical trend, which has resulted in an estimate being less than the 2017-18 actual.
Employee provisions (4,302) The variance is due to the transfer of national security functions to the Department of Home Affairs following the AAOs of 20 December 2017 and 10 May 2018.

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1.1B: Administered budgetary reports

ATTORNEY-GENERAL'S DEPARTMENT
ADMINISTERED SCHEDULE OF COMPREHENSIVE INCOME
for the period ended 30 June 2018
  Original Budget Actual Variance1
  2018
$'000
2018
$'000
2018
$'000
NET COST OF SERVICES
     
EXPENSES      
Employee benefits 11,654 16,574  4,920 
Suppliers 69,916 76,744 6,828
Subsidy to Law Courts Limited 3,492 3,246 (246)
Personal benefits - direct 4,076 3,802 (274)
Grants 318,183 294,887 (23,296)
Write-down and impairment of assets and other expenses 7,213 14,125 6,912
Payments to corporate Commonwealth entities 14,439 14,391 (48)
Depreciation and amortisation 4,368 2,397 (1,971)
Total expenses 433,341 426,166 (7,175)
       
INCOME      
Revenue      
Non-taxation revenue      
Sale of goods and rendering of services 2,458 11,825 9,367
Interest from loans to state and territory governments 7,327 2,327 (5,000)
Competitive neutrality - Australian Government Solicitor - 3,657 3,657
Recoveries - personal benefit recoveries - 222 222
Other non-taxation revenue 24,748 8,170 (16,578)
Total non-taxation revenue 34,533 26,201 (8,332)
       
Total Income 34,533 26,201 (8,332)
Net cost of services 398,808 399,965 1,157
Deficit on continuing operations (398,808) (399,965) 1,157
       
OTHER COMPREHENSIVE INCOME      
Items not subject to subsequent reclassification to net cost of services      
Changes in asset revaluation surplus - 49,980 49,980
Actuarial (losses) on defined benefit plans - former Solicitor-Generals' pensions - (501) (501)
Total other comprehensive income - 49,479 49,479
Total comprehensive loss attributable to the Australian Government (398,808) (350,486) 48,322

1. Between the actual and original budgeted amounts for 2018. Explanations of major variances are provided further below.

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ATTORNEY-GENERAL'S DEPARTMENT
ADMINISTERED SCHEDULE OF ASSETS AND LIABILITIES
for the period ended 30 June 2018
  Original Budget Actual Variance1
  2018
$'000
2018
$'000
2018
$'000
ASSETS      
Financial assets      
Cash and cash equivalents - 8,705 8,705
Loans and receivables 96,839 868 (95,971)
Investments 348,926 401,216 52,290
Other financial assets 844 - (844)
Total financial assets 446,609 410,789 (35,820)
       
Non-financial assets      
Land and buildings - 1,291 1,291
Property, plant and equipment 2,449 70 (2,379)
Intangibles 246 - (246)
Total non-financial assets 2,695 1,361 (1,334)
Total assets administered on behalf of Government 449,304 412,150 (37,154)
       
LIABILITIES      
Payables      
Suppliers 9,592 4,417 (5,175)
Grants 5,781 3,185 (2,596)
Other payables 162 95 (67)
Total payables 15,535 7,697 (7,838)
       

Provisions

     
Superannuation provision - former Solicitor-Generals' pensions 5,869 5,912 43
Total provisions 5,869 5,912 43
Total liabilities administered on behalf of Government 21,404 13,609 (7,795)
Net assets 427,900 398,541 (29,359)

1. Between the actual and original budgeted amounts for 2018. Explanations of major variances are provided further below.

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The following tables provide a comparison of the budget as presented in the 2017-18 Portfolio Budget Statements (PBS) to the 2017-18 final outcome as presented in accordance with the Australian Accounting Standards for the department. The budget is not audited.

Explanations of major variances are provided below. 

Affected line items Variance Amount
$'000
Explanation of major variance
Administered Schedule of Comprehensive Income
Employee benefits  4,920  The variance is due to the establishment of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (RCBSFS) in December 2017 and the extension of the Royal Commission into the Protection and Detention of Children in the Northern Territory (RCDCNT) till November 2017. 
Suppliers 6,828  Refer above. 
Grants (23,296) The variance is due to the transfer of national security functions to the Department of Home Affairs following the AAO of 20 December 2017.
Write-down and impairment of assets and other expenses 6,912 The variance is due to the revision of the amount owing by the Northern Territory Government for their contribution to the operations of the Royal Commission into the Protection and Detention of Children in the Northern Territory (RCDCNT) in 2016-17.
Sales of goods and rendering of services 9,367 The variance is due to the Northern Territory Government's contribution for funding of the RCDCNT for 2017-18.
Interest from loans to state and territory governments (5,000) The variance is due to the transfer of national security functions to the Department of Home Affairs following the AAO of 20 December 2017.
Other non-taxation revenue (16,578) Proceeds of Crime Act 2002 receipts were less than budget.
Administered Schedule of Assets and Liabilities
Cash and cash equivalents 8,705 The variance is due to the initial recognition of the cash held in the Services for Other Entities and Trust Money special account in 2017-18.
Loans and receivables (95,971) The variance is due to the transfer of national security functions to the Department of Home Affairs following the AAO of 20 December 2017.
Investments 52,290 The variance is primarily due to an increase in Commonwealth's investment in Law Courts Limited following a revaluation of Law Courts Limited's land and building assets.
Property, plant and equipment (2,379) The variance is due to the transfer of national security assets to the Department of Home Affairs following the AAO of 20 December 2017.
Suppliers payables (5,175) The budgeted estimate for supplier payables is made on a rolling three-year historical trend, which has resulted in an estimate being more than the 2017-18 actual.
Grants payables (2,596) The budgeted estimate for grant payables is made on a rolling three-year historical trend, which has resulted in an estimate being more than the 2017-18 actual.

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