Industry, science and resources portfolio

Table 3.1: Budgeted Departmental Statement of Financial Performance

	Estimated Budget	Forward	Forward	Forward
	actual estimate	estimate	estimate	estimate
	2000-01 2001-02	2002-03	2003-04	2004-05
	$'000 $'000	$'000	$'000	$'000
Revenues from ordinary activities
Revenue from government1	611,042 (K1) 614,713	627,472	636,528	645,929
Sales of goods and services2	269,564 284,575	293,104	298,115	303,011
Interest	6,605 2,967	3,098	3,569	4,465
Dividends
Net gains from sales of assets
Other
Total revenues from
ordinary activities	887,211 902,255	923,674	938,212	953,405

Expenses from ordinary activities (excluding borrowing costs expense) Employees3 Suppliers4 Grants Depreciation and amortisation Write down of assets Net losses from sales of assets Other5 Total expenses from ordinary activities (excluding borrowing costs expense) Borrowing cost expense6 Net surplus or deficit from ordinary activities Gain or loss on extraordinary items Net surplus or deficit Capital use charge/ Dividend1,7 Net surplus or deficit after Capital use charge/Dividend	453,113 246,681 77,379 1,130 778,303	462,844 247,404 81,316 1,150 4,800 797,514	470,643 250,379 87,320 1,170 8,600 818,112	476,133 253,089 91,419 1,170 10,700 832,511	482,700 256,353 96,630 1,170 10,700 847,553
	5,324 103,584 103,584 155,984 -52,400	4,796 99,945 99,945 137,945 -38,000	5,916 99,646 99,646 120,646 -21,000	6,055 99,646 99,646 99,646 0	6,206 99,646 99,646 99,646 0

Note: CUC line also includes dividends paid to the Commonwealth.

Estimated		Budget	Forward	Forward	Forward
actual		estimate	estimate	estimate	estimate
2000-01		2001-02	2002-03	2003-04	2004-05
$'000		$'000	$'000	$'000	$'000
ASSETS
Financial assets
Cash	19,464	19,464	19,464	19,464	19,464
Receivables	40,412	42,515	43,747	44,494	45,199
Investments	62,920	28,733	47,997	56,020	92,352
Accrued revenues
Other
Total financial assets	122,796	90,712	111,208	119,978	157,015

Non-financial assets
Land and buildings8,12,13	884,688	877,171	838,948	809,767	806,988
Infrastucture,plant and equipment13	237,620	236,983	236,983	248,576	256,576
Inventories	549	549	549	549	549
Intangibles	31,325	64,125	81,078	80,337	78,854
Other	19,108	20,071	20,573	20,818	21,107
Total non-financial assets	1,173,290	1,198,899 1,178,131 1,160,047 1,164,074
Total assets	1,296,086	1,289,611	1,289,339	1,280,025	1,321,089
LIABILITIES
Debt
Loans	28,000	63,332	84,075	87,422	90,375
Leases8	64,076	61,749	59,018	57,108	55,198
Deposits	9,464	9,464	9,464	9,464	9,464
Overdrafts
Other

Total debt	101,540	134,545	152,557	153,994	155,037
Provisions and payables
Employees3	150,602	152,791	157,127	145,327	149,986
Suppliers4	29,024	32,054	29,544	29,889	30,301
Grants
Other9,10	68,330	43,350	44,240	44,944	45,617
Total provisions and payables	247,956	228,195	230,911	220,160	225,904
Total liabilities	349,496	362,740	383,468	374,154	380,941
EQUITY
Capital
Reserves11	443,946	462,227	462,227	462,227	496,504
Accumulated surpluses or deficits	502,644	464,644	443,644	443,644	443,644
Total equity	946,590	926,871	905,871	905,871	940,148
Current liabilities	157,599	128,854	127,421	131,307	118,902
Non-current liabilities	191,897	233,886	256,047	242,847	262,039
Current assets	141,269	110,148	131,146	140,161	177,487
Non-current assets	1,154,817	1,179,463	1,158,193	1,139,864	1,143,602

Estimated		Budget	Forward	Forward	Forward
actual		estimate	estimate	estimate	estimate
2000-01		2001-02	2002-03	2003-04	2004-05
$'000		$'000	$'000	$'000	$'000
OPERATING ACTIVITIES
Cash received
Appropriations for outputs1	611,042	614,713	627,472	636,528	645,929
Sales of goods and services2	272,781	283,394	292,383	297,648	302,565
Interest	6,605	2,967	3,098	3,569	4,465
Other16	24,052	28,296	29,220	29,763	30,256
Total cash received	914,480	929,370	952,173	967,508	983,215
Cash used
Employees3	459,063	460,655	466,307	487,933	478,041
Suppliers4	245,979	248,985	261,296	263,247	266,508
Grants
Interest6,8	5,324	4,796	5,916	6,055	6,206
Other16	25,474	29,335	30,706	30,951	31,434
Total cash used	735,840	743,771	764,225	788,186	782,189
Net cash from operating
activities	178,640	185,599	187,948	179,322	201,026
INVESTING ACTIVITIES
Cash received
Proceeds from sales of property,	70,152	55,505	36,954	5,000	5,000
plant and equipment12
Repayments of loans made
Other
Total cash received	70,152	55,505	36,954	5,000	5,000
Cash used
Purchase of property, plant	164,926	143,186	103,004	78,090	71,091
and equipment8
Loans made
Other
Total cash used	164,926	143,186	103,004	78,090	71,091
Net cash from investing
activities	-94,774	-87,681	-66,050	-73,090	-66,091
FINANCIAL ACTIVITIES
Cash received
Proceeds from issuing
equity instruments
Proceeds from debt	71,679	35,332	20,946	3,956	4,171
Other
Total cash received	71,679	35,332	20,946	3,956	4,171

Table 3.3: Budgeted Departmental Statement of Cash Flows (continued)

Estimated		Budget	Forward	Forward	Forward
actual		estimate	estimate	estimate	estimate
2000-01		2001-02	2002-03	2003-04	2003-04
$'000		$'000	$'000	$'000	$'000
Cash used
Repayments of debt8		2,327	2,934	2,519	3,128
Capital use and dividends paid1,7	155,984	137,945	120,646	99,646	99,646
Other9	62,575	27,165
Total cash used	218,559	167,437	123,580	102,165	102,774
Net cash from financing
activities	-146,880	-132,105	-102,634	-98,209	-98,603
Net increase in cash held	-63,014	-34,187	19,264	8,023	36,332
Cash at the beginning of	144,214	81,200	47,013	66,277	74,300
the reporting period14
Cash at the end of the	81,200	47,013	66,277	74,300	110,632
reporting period14

Table 3.4: Departmental Capital Budget Statement

CAPITAL BUDGET15	Estimated actual 2000-01 $'000		Budget estimate 2001-02 $'000	Forward estimate 2002-03 $'000	Forward estimate 2003-04 $'000	Forward estimate 2004-05 $'000
CAPITAL APPROPRIATIONS
Total equity injections Total loans9		(K2) 32,800		17,200
Represented by: Purchase of non-current assets9 Other		32,800		17,200
Total		32,800		17,200
PURCHASE OF NON-CURRENT ASSETS Funded by capital appropriations9 Funded internally by 164,926 Departmental resources		32,800 110,386		17,200 85,804	78,090	71,091

Part C: Agency Budget Statements - CSIRO Table 3.5: Departmental Non-financial Assets — Summary of Movement (Budget Year 2001-02)

Land					Buildings	Total Land	Specialist		Other	Total	Intangibles	Total
						and Buidings	Military		Infrastructure	Infrastructure
							Equipment		Plant and	Plant and
									Equipment	Equipment
$'000					$'000	$'000	$'000		$'000	$'000	$'000	$'000
GROSS VALUE
As at 1 July 2001 (opening)			179,657		1,408,569	1,588,226			619,445	619,445	41,812	2,249,483
Additions					69,330	69,330			39,724	39,724	34,132	143,186
Disposals			20,005		31,500	51,505			6,250	6,250		57,755
Other movements					66,564	66,564			10,000	10,000		76,564
As at 30 June 2002 (closing)			159,652		1,512,963	1,672,615		0	662,919	662,919	75,944	2,411,478
ACCUMULATED DEPRECIATION
As at 1 July 2001 (opening)					703,538	703,538			381,825	381,825	10,487	1,095,850
Disposals					1,000	1,000			1,250	1,250		2,250
Charge for the reporting period					36,623	36,623			43,361	43,361	1,332	81,316
Other movements					56,283	56,283			2,000	2,000		58,283
As at 30 June 2002 (closing)				0	795,444	795,444		0	425,936	425,936	11,819	1,233,199
Net book value
As at 30 June 2002		159,652			717,519	877,171		0	236,983	236,983	64,125	1,178,279
(closing book value)
Net book value
as at 1 July 2001	179,657				705,031	884,688		0	237,620	237,620	31,325	1,153,633
opening book value)
TOTAL ADDITIONS			0		69,330	69,330		0	39,724	39,724	34,132	143,186
Self funded			0		69,330	69,330		0	39,724	39,724	34,132	110,386
Appropriations												32,800
Total			0		69,330	69,330		0	39,724	39,724	34,132	143,186
Note: There are no Tables 3.6 to 3.10
						219

Notes to the Financial Statements

Note 1: Revenues from Government

Includes Capital-Use Charge (CUC), which is received as appropriation revenue and paid to the Commonwealth. Note 2: Sales of Goods and Services 2000-2001 and 2001-02 figures are as per CSIRO Strategic Research Plan and

anticipated growth in revenues. Note 3: Employees Expenses Estimated salaries and wages are based on a reduction in staffing levels in 2001-02, and

anticipated salary increases. Note 4: Suppliers Expenses Increase in anticipated supplier costs reflects anticipated increases in external

revenues. Note 5: Supplementation for commercial rents and sales costs Following an independent review of CSIRO’s property holdings based on the

Commonwealth Property Principles, six properties (in Canberra, Sydney, Brisbane and Perth) will be sold and leased back over the next two years. To ensure these sales have no adverse financial impact on CSIRO’s research activities, CSIRO will receive funding for additional sale and rental costs.

Note 6: Interest

Interest on debt increases in 2001-02 to reflect the first full year’s costs associated with increases in finance leases (refer Note 8). Note 7: Dividend Payment of dividend to Government under CSIRO asset realisation measures is as

announced in the 2000-01 Federal Budget. Note 8: Leases Finance lease expenditure of $22.5m for stage 2 of the Centre for Advanced

Technologies (Queensland) and $37.5m for the National Centre for Petroleum and Minerals Resources Research in Western Australia increases land and buildings by $60m in 2000-01.

Note 9: Loan

CSIRO has been granted a loan amounting to $50.0 million from the Commonwealth Government as support for Commercialisation of Production Technology in Light Metals. This loan is being drawn down over two years, $32.8 million in 2001-02 and $17.2 million in 2002-03, and is being repaid as per agreement with the Department of Finance and Administration.

Note 10: Provisions and Payables - Other

This category includes contract revenue received in advance, estimated at $30m per year.

Note 11: Reserves

Increased reserves are expected as a result of the cyclical revaluation of land and buildings and plant and equipment in 2001-02.

Note 12: Land and Buildings

Changes in the value of land and building reflect the sale of assets as part of CSIRO efficiency gains and asset realisation measure, cyclical revaluation and finance leases (refer note 8).

Note 13: Property, Plant and Equipment

Changes in the value of property, plant and equipment are expected as a result of the cyclical revaluation of property, plant and equipment in 2001-02.

Note 14: Cash Held

Includes other investments.

Note 15: Capital Budget/Investment

During the years 2001-02 to 2003-04, CSIRO intends to maintain the standard of its capital infrastructure at a level similar to the current level through repair, replacement and refurbishment of existing assets. CSIRO employs an internal leasing scheme to cover the cost of repairs, replacement and refurbishment of land and buildings (approximately $37m per annum for the next triennium) and will spend approximately $48m per annum for the triennium on research plant and equipment. This expenditure is essential to maintain CSIRO’s position as a world-class research organisation. CSIRO is not seeking any capital injection to fund this expenditure.

The major projects currently in varying stages of progress include the replacement of the Life Sciences facility in conjunction with the University of Queensland (total project cost $100m, CSIRO share $50m), replacement of Food Science and Technology/ Molecular Science facilities in Sydney (project cost $49m) the Clayton East End development (project cost $28m) Building Construction and Engineering North Ryde (projects cost $14m) and the transfer of the Energy Technology facility from Sydney to Newcastle (a joint development with the NSW Government - estimated cost $28m).

Note 16: Cash Received and Cash Used - Other

Includes GST receipts and payments.

Appendix 1

Non-Appropriation Departmental Revenue

Revenue from research and services Other external revenue	Estimated Revenue 2000-01$’000 269,564 6,605	Estimated Revenue 2001-02 $’000 284,575 2,967
Total estimated revenue	276,169	287,542

This Appendix is cross-referenced to Table 1.1 note 4 and to Table 2.1.

Australian Geological Survey Organisation

Australian Geological Survey Organisation......................................................227 Section 1: Overview, appropriations and budget measures summary......................227

Overview.................................................................................................................................227 Appropriations.......................................................................................................................227 Budget measures — Summary.............................................................................................229 Administered capital and departmental equity injections and loans.............................229

Section 2: Outcome and output information..................................................................230

Outcome and output.............................................................................................................230 Changes to outcome and output .........................................................................................231 Trends in resourcing outcome .............................................................................................231 Outcome 1 — Description ....................................................................................................232 Measures affecting outcome.................................................................................................233 Outcome 1 — Resourcing.....................................................................................................233 Outcome — Contribution of output....................................................................................234 Evaluations .............................................................................................................................236 Competitive tendering and contracting..............................................................................236

Section 3: Budgeted Financial Statements......................................................................237

Australian Geological Survey Organisation

Australian Geological Survey Organisation......................................................227 Section 1: Overview, appropriations and budget measures summary......................227

Overview.................................................................................................................................227 Appropriations.......................................................................................................................227 Budget measures — Summary.............................................................................................229 Administered capital and departmental equity injections and loans.............................229

Section 2: Outcome and output information..................................................................230

Outcome and output.............................................................................................................230 Changes to outcome and output .........................................................................................231 Trends in resourcing outcome .............................................................................................231 Outcome 1 — Description ....................................................................................................232 Measures affecting outcome.................................................................................................233 Outcome 1 — Resourcing.....................................................................................................233 Outcome — Contribution of output....................................................................................234 Evaluations .............................................................................................................................236 Competitive tendering and contracting..............................................................................236

Section 3: Budgeted Financial Statements......................................................................237

AUSTRALIAN GEOLOGICAL SURVEY ORGANISATION

Section 1: Overview, appropriations and budget measures summary

OVERVIEW

The Australian Geological Survey Organisation (AGSO) is Australia’s national geoscience research and information agency. It aims to enhance the potential for the Australian community to obtain economic, social and environmental benefits through the application of first-class geoscientific research and information.

It helps the government and the community it serves to make appropriate and informed decisions about the exploitation of resources, the management of the environment and the safety and wellbeing of its citizens.

AGSO’s scientific activities can be grouped into geoscience for urban centres, for oceans and coasts, and for regional and rural areas.

AGSO acts in partnership with other Commonwealth agencies and other levels of government, including with the State and Northern Territory Geological Surveys through the National Geoscience Agreement. It also works with the exploration industry and other partners on particular projects.

APPROPRIATIONS

The total appropriation for AGSO in the 2001-02 Budget is $63.401m.

Table 1.1, on the following page, shows the total appropriation for AGSO for 2001-02 by outcome, administered expenses and price of output appropriation.