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#casa budget estimates 2009 – 2017 show failure to manage

Attached below is [in reverse order] the budget of #casa from 2009 to 2018.


 Aviation Fuel Excise:

Old rate: 2.854 c/litre [Funds #casa]

New rate: 3.556 c/litre [4-year increase to specifically fund #casa requirements of an increase for 4-years of 0.702 c/litre]

Excise cpi adjustments on a bi-annual basis from 2014/2015.

Basis of increase:


In looking at the appended data, shows that #casa is running in such a way that it is essentially bankrupt.

Question is, can #casa manage it’s finances at all??


Table 3.1: Comprehensive income statement (showing net cost of services) (for the period ended 30 June 2017)

2016–17
Estimated
actual
$’000
2017–18
Budget
$’000
2018–19
Forward
estimate
$’000
2019–20
Forward
estimate
$’000
2020–21
Forward
estimate
$’000
EXPENSES
Employee benefits 139,504 141,344 143,090 145,228 147,206
Suppliers 119,406 139,352 64,853 64,643 53,555
Depreciation and amortisation 9,530 10,049 9,716 9,165 8,514
Finance costs 174 20 12 5
Total expenses 268,614 290,765 217,671 219,041 209,275
LESS:
OWN-SOURCE INCOME
Own-source revenue
Sale of goods and rendering of services 3,596 3,243 3,269 3,002 3,029
Other revenue 976 730 730 730 730
Total own-source revenue 4,572 3,973 3,999 3,732 3,759
Gains
Other gains 1,055 243 182 186 186
Total gains 1,055 243 182 186 186
Total own-source income 5,627 4,216 4,181 3,918 3,945
Net (cost of)/contribution by services (262,987) (286,549) (213,490) (215,123) (205,330)
Revenue from Government 253,457 276,500 203,774 205,958 196,816
Surplus/(deficit) attributable to the Australian Government (9,530) (10,049) (9,716) (9,165) (8,514)
Total comprehensive income/(loss) attributable to the Australian Government (9,530) (10,049) (9,716) (9,165) (8,514)
Note: Impact of net cash appropriation arrangements
  2016–17
$’000
2017–18
$’000
2018–19
$’000
2019–20
$’000
2020–21
$’000
Total comprehensive income/(loss) less depreciation/amortisation expenses previously funded through revenue appropriations
plus depreciation/amortisation expenses previously funded through revenue appropriations (a) 9,530 10,049 9,716 9,165 8,514
Total comprehensive income/(loss)—as per Statement of Comprehensive Income (9,530) (10,049) (9,716) (9,165) (8,514)

Prepared on Australian Accounting Standards basis.

Notes:

  1. From 2010–11, the Government introduced net cash appropriation arrangements where Bill 1 revenue appropriations for the depreciation/amortisation expenses of non-corporate Commonwealth entities (and select corporate Commonwealth entities) were replaced with a separate capital budget (the Departmental Capital Budget, or DCB) provided through Bill 1 equity appropriations. For information regarding DCBs, please refer to Table 3.5 Departmental Capital Budget Statement.

Table 3.1: Comprehensive income statement (showing net cost of services) (for the period ended 30 June 2016)

2015–16
Estimated
actual
$’000
2016–17
Budget$’000
2017–18
Forward
estimate
$’000
2018–19
Forward
estimate
$’000
2019–20
Forward
estimate
$’000
EXPENSES
Employee benefits 119,803 119,978 123,145 125,589 128,081
Suppliers 54,777 49,922 50,653 50,185 51,803
Depreciation and amortisation 12,587 13,328 13,196 15,224 15,103
Total expenses 187,167 183,228 186,994 190,998 194,987
LESS:
OWN-SOURCE INCOME
Own-source revenue
Sale of goods and rendering of services 15,647 16,500 16,500 16,500 16,500
Interest 1,582 1,600 1,600 1,700 1,750
Other 1,464 1,000 1,000 1,000 1,000
Total own-source revenue 18,693 19,100 19,100 19,200 19,250
Total own-source income 18,693 19,100 19,100 19,200 19,250
Net (cost of) / contribution by services (168,474) (164,128) (167,894) (171,798) (175,737)
Revenue from Government 159,661 164,150 167,911 171,811 175,747
Surplus / (Deficit) attributable to the Australian Government (8,813) 22 17 13 10
Total comprehensive income / (loss) attributable to the Australian Government (8,813) 22 17 13 10

Prepared on Australian Accounting Standards basis.


Table 3.2.1: Comprehensive income statement (showing net cost of services) (for the period ended 30 June 2015)

Estimated
actual
2014–15
$’000
Budget
estimate
2015–16
$’000
Forward
estimate
2016–17
$’000
Forward
estimate
2017–18
$’000
Forward
estimate
2018–19
$’000
EXPENSES
Employee benefits 115,946 123,511 126,270 129,092 131,976
Suppliers 53,893 53,241 44,354 45,659 46,833
Depreciation and amortisation 12,900 13,907 14,086 14,350 14,891
Write-down and impairment of assets 788
Total expenses 183,527 190,659 184,710 189,101 193,700
LESS:
OWN-SOURCE INCOME
Own-source revenue
Sale of goods and rendering of services 14,696 16,500 16,500 16,500 16,500
Interest 1,946 1,531 1,618 1,819 1,862
Other 910 1,567 1,567 1,567 1,567
Total own-source revenue 17,552 19,598 19,685 19,886 19,929
Total own-source income 17,552 19,598 19,685 19,886 19,929
Net cost of (contribution by) services 165,975 171,061 165,025 169,215 173,771
Revenue from Government 157,803 161,061 165,051 169,274 173,795
Surplus (Deficit) attributable to the Australian Government (8,172) (10,000) 26 59 24
Total comprehensive income (loss) attributable to the Australian Government (8,172) (10,000) 26 59 24

Prepared on Australian Accounting Standards basis.


Table 3.2.1: Comprehensive income statement (showing net cost of services) (for the period ended 30 June 2014)

Estimated
actual
2013–14
$’000
Budget
estimate
2014–15
$’000
Forward
estimate
2015–16
$’000
Forward
estimate
2016–17
$’000
Forward
estimate
2017–18
$’000
EXPENSES
Employee benefits 126,183 120,690 124,610 130,036 135,876
Suppliers 51,309 53,524 55,133 56,528 59,243
Depreciation and amortisation 12,600 13,244 14,357 13,451 11,588
Finance costs 440
Write-down and impairment of assets 1,797
Total expenses 192,329 187,458 194,100 200,015 206,707
LESS:
OWN-SOURCE INCOME
Own-source revenue
Sale of goods and rendering of services 14,289 16,500 16,500 16,500 16,500
Interest 2,272 1,334 1,410 1,411 1,386
Other 1,761 1,567 1,567 1,567 1,567
Total own-source revenue 18,322 19,401 19,477 19,478 19,453
Gains
Sale of assets 440
Total gains 440
Total own-source income 18,762 19,401 19,477 19,478 19,453
Net cost of (contribution by) services 173,567 168,057 174,623 180,537 187,254
Revenue from Government 163,960 168,080 174,670 181,564 188,891
Surplus (Deficit) attributable to the Australian Government (9,607) 23 47 1,027 1,637
Total comprehensive income (loss) attributable to the Australian Government (9,607) 23 47 1,027 1,637

Prepared on Australian Accounting Standards basis.

 


 Table 3.2.1: Comprehensive income statement (showing net cost of services) (for the period ended 30 June 2013)

Estimated
actual
2012–13
$’000
Budget
estimate
2013–14
$’000
Forward
estimate
2014–15
$’000
Forward
estimate
2015–16
$’000
Forward
estimate
2016–17
$’000
EXPENSES
Employee benefits 109,391 118,814 122,884 127,087 130,900
Suppliers 51,065 53,104 53,606 54,413 54,724
Depreciation and amortisation 11,076 11,565 8,406 7,108 7,442
Total expenses 171,532 183,483 184,896 188,608 193,066
LESS:
OWN-SOURCE INCOME
Own-source revenue
Sale of goods and rendering of services 14,160 13,500 13,500 13,500 14,040
Interest 2,643 3,000 3,000 3,000 3,000
Other 1,001 800 800 800 800
Total own-source revenue 17,804 17,300 17,300 17,300 17,840
Total own-source income 17,804 17,300 17,300 17,300 17,840
Net cost of (contribution by) services 153,728 166,183 167,596 171,308 175,226
Revenue from Government 160,721 166,416 167,808 171,570 175,444
Surplus (Deficit) attributable to the Australian Government 6,993 233 212 262 218
Total comprehensive income (loss) attributable to the Australian Government 6,993 233 212 262 218

Prepared on Australian Accounting Standards basis.


 Table 3.2.1: Comprehensive income statement (showing net cost of services) (for the period ended 30 June 2012)

Estimated
actual
2011–12
$’000
Budget
estimate
2012–13
$’000
Forward
estimate
2013–14
$’000
Forward
estimate
2014–15
$’000
Forward
estimate
2015–16
$’000
EXPENSES
Employee benefits 105,583 112,977 117,063 120,575 124,192
Suppliers 60,970 49,485 50,051 52,592 54,734
Depreciation and amortisation 11,569 11,780 13,186 9,411 8,225
Finance costs 57 132 102 107 113
Total expenses 178,179 174,374 180,402 182,685 187,264
LESS:
OWN-SOURCE INCOME
Own-source revenue
Sale of goods and rendering of services 15,513 17,300 17,750 18,214 18,691
Interest 2,732 1,725 1,750 1,687 1,409
Other 800 800 800 800 800
Total own-source revenue 19,045 19,825 20,300 20,701 20,900
Total own-source income 19,045 19,825 20,300 20,701 20,900
Net cost of (contribution by) services 159,134 158,357 160,102 161,984 166,364
Revenue from Government 154,598 154,549 160,567 162,476 166,856
Surplus (Deficit) attributable to the Australian Government (4,536) 465 492 492
Total comprehensive income (loss) attributable to the Australian Government (4,536) 465 492 492

Prepared on Australian Accounting Standards basis.

 


 Table 3.2.1: Comprehensive income statement (showing net cost of services) (for the period ended 30 June 2011)

Estimated
actual
2010-11
$’000
Budget
estimate
2011-12
$’000
Forward
estimate
2012-13
$’000
Forward
estimate
2013-14
$’000
Forward
estimate
2014-15
$’000
EXPENSES
Employee benefits 92 772 105 583 114 695 119 813 125 162
Supplier expenses 61 997 63 037 52 567 57 758 59 233
Depreciation and amortisation 10 107 11 569 12 325 10 627 10 672
Finance costs 60 57 59 63 63
Write-down and impairment of assets 1 900 0 0 0 0
Total expenses 166 836 180 246 179 646 188 261 195 130
LESS:
OWN-SOURCE INCOME
Own-source revenue
Sale of goods and rendering of services 15 524 18 326 17 636 18 348 18 360
Interest 3 263 1 986 2 418 2 531 2 654
Other 900 800 800 800 800
Total own-source revenue 19 687 21 112 20 854 21 679 21 814
Total own-source income 19 687 21 112 20 854 21 679 21 814
Net cost of (contribution by) services  147 149  159 134  158 792  166 582  173 316
Revenue from Government 147 708 154 598 159 584 167 047 173 808
Surplus (Deficit) 559 ( 4 536) 792 465 492
Surplus (Deficit) attributable to the Australian Government 559 ( 4 536) 792 465 492
Total comprehensive income attributable to the Australian Government 559 ( 4 536) 792 465 492

Prepared on Australian Accounting Standards basis.


Table 3.2.1: Comprehensive income statement (showing net cost of services) (for the period ended 30 June 2010)

Estimated
actual
2009-10
$’000
Budget
estimate
2010-11
$’000
Forward
estimate
2011-12
$’000
Forward
estimate
2012-13
$’000
Forward
estimate
2013-14
$’000
EXPENSES
Employee benefits 85 081 96 802 101 461 105 950 110 728
Suppliers 59 299 63 105 60 288 59 572 62 441
Depreciation and amortisation 9 507 10 159 12 893 12 825 12 613
Total expenses 153 887 170 066 174 642 178 347 185 782
LESS:
OWN-SOURCE INCOME
Revenue
Sale of goods and rendering of services 19 231 17 537 18 084 17 383 18 084
Interest 2 225 1 871 1 986 2 100 2 100
Other 955 800 800 800 800
Total revenue 22 411 20 208 20 870 20 283 20 984
Total own-source income 22 411 20 208 20 870 20 283 20 984
Net cost of (contribution by) services ( 131 476) ( 149 858) ( 153 772) ( 158 064) ( 164 798)
Revenue from Government 129 893 147 425 152 948 158 856 167 263
Surplus (Deficit) ( 1 583) ( 2 433) ( 824) 792 2 465
Surplus (Deficit) attributable to the Australian Government ( 1 583) ( 2 433) ( 824) 792 2 465
Total comprehensive income attributable to the Australian Government ( 1 583) ( 2 433) ( 824) 792 2 465

Prepared on Australian Accounting Standards basis.


Table 3.2.1: Budgeted departmental comprehensive income statement (for the period ended 30 June 2009)

Estimated
actual
2008-09
$’000
Budget
estimate
2009-10
$’000
Forward
estimate
2010-11
$’000
Forward
estimate
2011-12
$’000
Forward
estimate
2012-13
$’000
EXPENSE
Employees  79 282  83 284  83 668  87 199  90 635
Suppliers  58 457  58 868  57 954  59 367  60 817
Depreciation and amortisation  7 658  10 622  10 609  11 093  11 584
Total operating expenses  145 397  152 774  152 231  157 659  163 036
Borrowing Costs   246   0   0   0   0
Total expenses  145 643  152 774  152 231  157 659  163 036
LESS:
OWN-SOURCE INCOME
Revenue
Goods and services  19 967  22 502  21 038  21 739  22 090
Interest  2 974  1 757  1 871  1 986  2 100
Other  1 060   800   800   800   800
Total revenue  24 001  25 059  23 709  24 525  24 990
Total own-source income  24 001  25 059  23 709  24 525  24 990
Net cost of (contribution by) services  121 642  127 715  128 522  133 134  138 046
Revenue from Government  123 993  127 715  128 522  133 134  138 046
Surplus (Deficit)  2 351   0   0   0   0
Surplus (Deficit) attributable to the
Australian Government
 2 351   0   0   0   0
Total comprehensive income   0   0   0   0   0
Total comprehensive income attributable
to the Australian Government
 2 351   0   0   0   0

Prepared on Australian Accounting Standards basis.


2.1: Budgeted departmental comprehensive income statement (for the period ended 30 June 2009)

Estimated
actual
2008-09
$’000
Budget
estimate
2009-10
$’000
Forward
estimate
2010-11
$’000
Forward
estimate
2011-12
$’000
Forward
estimate
2012-13
$’000
EXPENSE
Employees  79 282  83 284  83 668  87 199  90 635
Suppliers  58 457  58 868  57 954  59 367  60 817
Depreciation and amortisation  7 658  10 622  10 609  11 093  11 584
Total operating expenses  145 397  152 774  152 231  157 659  163 036
Borrowing Costs   246   0   0   0   0
Total expenses  145 643  152 774  152 231  157 659  163 036
LESS:
OWN-SOURCE INCOME
Revenue
Goods and services  19 967  22 502  21 038  21 739  22 090
Interest  2 974  1 757  1 871  1 986  2 100
Other  1 060   800   800   800   800
Total revenue  24 001  25 059  23 709  24 525  24 990
Total own-source income  24 001  25 059  23 709  24 525  24 990
Net cost of (contribution by) services  121 642  127 715  128 522  133 134  138 046
Revenue from Government  123 993  127 715  128 522  133 134  138 046
Surplus (Deficit)  2 351   0   0   0   0
Surplus (Deficit) attributable to the
Australian Government
 2 351   0   0   0   0
Total comprehensive income   0   0   0   0   0
Total comprehensive income attributable
to the Australian Government
 2 351   0   0   0   0

Prepared on Australian Accounting Standards basis.


Table 3.2.2: Budgeted departmental balance sheet (as at 30 June 2009)

Estimated
actual
2008-09
$’000
Budget
estimate
2009-10
$’000
Forward
estimate
2010-11
$’000
Forward
estimate
2011-12
$’000
Forward
estimate
2012-13
$’000
ASSETS
Financial assets
Cash  3 521  3 521  3 521  3 521  3 521
Receivables  1 594  1 594  1 594  1 594  1 594
Investments  48 701  56 496  62 750  65 946  73 247
Accrued revenues   533   533   533   533   533
Total financial assets  54 349  62 144  68 398  71 594  78 895
Non-financial assets
Land & buildings  1 653  1 551  1 449  1 347  1 245
Infrastructure, plant and equipment  17 132  15 412  13 975  11 330  10 089
Intangibles  26 438  22 419  18 642  19 420  14 873
Inventories   331   331   331   331   331
Other  1 164  1 186  1 209  1 232  1 257
Total non-financial assets  46 718  40 899  35 606  33 660  27 795
Total assets  101 067  103 043  104 004  105 254  106 690
LIABILITIES
Provisions and payables
Employee  21 603  23 623  24 653  25 974  27 360
Suppliers  11 550  12 012  12 492  12 992  13 512
Other  5 903  5 297  4 748  4 177  3 707
Total provisions and payables  39 056  40 932  41 893  43 143  44 579
Total liabilities  39 056  40 932  41 893  43 143  44 579
EQUITY
Retained surpluses  54 948  54 948  54 948  54 948  54 948
Reserves  3 868  3 868  3 868  3 868  3 868
Contributed equity  3 195  3 295  3 295  3 295  3 295
Total equity  62 011  62 111  62 111  62 111  62 111
Total Liability and Equity  101 067  103 043  104 004  105 254  106 690
Current assets  55 844  63 661  69 938  73 157  80 483
Non-current assets  45 223  39 382  34 066  32 097  26 207
Current liabilities  29 373  30 784  31 507  32 447  33 527
Non-current liabilities  9 683  10 148  10 386  10 696  11 052

‘Equity’ is the residual interest in assets after deduction of liabilities.
Prepared on Australian Accounting Standards basis.

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