Industry, tourism and resources portfolio
Average staffing level (number)
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- Bu səhifədəki naviqasiya:
- Patent
- Public Information and Awareness
- Table 2.2.1: Performance information for outcome 1
- Performance information for departmental outputs
- Price
- Quantity
- Program Development Quality
- Statement of Financial Performance
- Statement of Financial Position
- Statement of Cash Flows
- Revenues From Ordinary Activities
- Revenues From Ordinary Activities 89,611 91,711
- Expenses From Ordinary Activities
- (Excluding Borrowing Costs
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2003-04 2004-05 Average staffing level (number) 807 809 Note 1: All receipts are credited to IP Australia’s special account. See Table 1.6 at page 94. OUTCOME 1 — CONTRIBUTION OF OUTPUTS IP Australia’s output structure reflects the Government’s desire to provide an effective intellectual property system in Australia and internationally, resulting in enhanced industrial development and improved living standards for all Australians. Patent rights stimulate investment and trade by providing incentives to invent and to transfer technology. Design rights provide an incentive to individuals and industry to create and innovate. Trade Marks allow traders to build and protect business reputations, and this can increase their sales and the value of their investments. At the same time, consumers benefit from the trade mark system through confidence in the origin and quality of goods and services. Public Information and Awareness is concerned with ensuring all Australians are aware of the benefits of intellectual property protection and how to manage it as an important element of their business assets. Program Development represents the conduct of intellectual property research, the development of intellectual property policy and influence on the international development of the IP system. PERFORMANCE INFORMATION FOR OUTCOME 1 The outputs chosen to achieve IP Australia’s outcome are described in Table 2.2.1 (below), which also provides information on the key indicators developed to deliver outcome 1, and the performance measures against which the delivery of the outcome will be measured. IP Australia reports on overall performance against this framework in its 2004-05 Annual Report. Table 2.2.1: Performance information for outcome 1 Effectiveness - Overall achievement of the outcome – (Measures, indicators and targets used as appropriate) Customer and stakeholder satisfaction • Customer satisfaction with products and services measured through surveys and feedback • Ministerial and stakeholder feedback Australians benefit from IP initiatives and • Analysis of benefit through periodic research studies programs and independent reviews Recognised as best practice in administration • Compliance with quality management framework
Ongoing financial viability and cost effective • Achievement of cost recovery on an accrual basis operations over time
Performance information for departmental outputs Output 1 - Patents Output 2 - Designs - Output 4 - Public Information & Awareness Quality • Compliance with IP Australia customer service charter and quality standards Quantity • 5,800 complete applications, 16,200 national phase entries, 16,000 examinations, 70 hearings, 85,000 renewals and 3,860 international searches are expected for 2004-05 Price • Cost per unit $441 Quality • Compliance with IP Australia customer service charter and quality standards Quantity • 4,500 applications and 7,200 registrations are expected for 2004-05 Price • Cost per unit $1,052 Quality • Compliance with IP Australia customer service charter and quality standards Quantity • 82,500 applications, 39,316 registrations, 185 hearings and 12,500 renewals are expected in 2004-05 Price • Cost per unit $273 Quality
Quantity
Price • Cost of output $1.487m Output 5 - Program Development Quality • Influential presence and outcomes achieved in the development of the global IP system including: bilateral agreements and international fora, World Intellectual Property Organisation (WIPO) and the Asia-Pacific Region, and changes/improvements to the system to meet Australian needs and interests Quantity
Price • Cost of output $4.268m EVALUATIONS Evaluations and review activities planned for 2004-05 include reviewing:
• other ongoing activities and projects as part of the internal audit and evaluation plans. Section 3: Budgeted financial statements The budgeted financial statements for IP Australia are presented in this section. An overview of the financial statements is provided in Part A: User Guide at pages 4 - 7 of these PB Statements. ANALYSIS OF BUDGETED FINANCIAL STATEMENTS IP Australia’s budget position is expected to remain steady in 2004-05 with a small surplus anticipated as a result of revenue growth and continued cost management. A review of fee levels will be completed in 2004-05 in conjunction with the cost recovery review. This will see ongoing updates to revenue and expense estimates as information from the review is incorporated. Trends in international IP rights administration and innovation in e-commerce continue to influence the longer-term budget position for IP Australia. Long term revenue movements are difficult to estimate based on global/domestic economic trends. Innovation in emerging technology fields and growth in Asia-Pacific markets also complicate estimating growth in IP rights activity in Australia. IP Australia's revenue modelling is continually updated to ensure estimates are as accurate as possible in this climate of continual change. Depreciation costs are being revised as new capital modelling data is incorporated as part of IP Australia’s longer term capital replacement/enhancement planning. Continued progress on revenue planning, workforce planning and cost/capital planning ensures that the estimates provided continue to reflect the best prediction possible of the future financial position for 2004-05 and beyond. Statement of Financial Performance Revenue growth has been estimated to continue at a rate consistent with the past five years. The growth in 2004-05 is largely volume based with changes in fees expected for the new Designs legislation only. Further fee changes (with a likely impact on revenue) will be addressed following the cost recovery review for 2005-06. The anticipated growth in employee expenses for 2004-05 reflects historical rates based on salary increases as part of the certified agreement process and a steady level of superannuation and entitlement costs. IP Australia is committed to retaining the skilled workforce required to operate at an optimal level and provides competitive remuneration for public service employees. The 2004-05 increase is largely price-based combined with a small increase in staff numbers planned for 2004-05. Suppliers expense is budgeted to grow at a rate smaller in 2004-05 than it has historically which reflects ongoing cost containment measures within IP Australia. The issue of sustainable budget growth to match increasing cost levels will be addressed as part of the cost recovery review. Depreciation expenses are budgeted to remain steady in 2004-05 consistent with asset replacement plans for the new financial year. This budget will be updated as work on long-term capital planning is completed early in the new financial year. This is expected to have little impact in 2004-05 with the estimates for the out-years reflecting the longer term strategy. Statement of Financial Position The increase in cash and receivables levels reflects the continued strengthening of IP Australia's solvency position for 2004-05. IP Australia’s “current assets ratio” will continue to improve in 2004-05 (following growth in 2003-04) reflecting continued increases in current assets levels while current liabilities (mainly employee provisions and suppliers provisions) remain relatively constant. Non-current asset levels will fall in 2004-05 as activity on the replacement of key assets (primarily software intangibles) extends through to 2005-06. Longer-term estimates for non-current asset levels will be revised as work is completed on reviewing the multi-year capital replacement/enhancement plan. The overall movement in total employee provisions liability reflects growth in entitlement balances as salaries are expected to increase as part of the certified agreement process. The budget is continually updated as these increases, and any changes in superannuation contribution rates become known. IP Australia is looking at ways to better manage the overall balance sheet position, including strategies for influencing trends in liabilities, and this will be addressed specifically following completion of the capital review. Statement of Cash Flows IP Australia’s cash-flow position is not significantly varied for 2004-05 from that in 2003-04. The reason for the continual budget at zero net cash-flow from 2004-05 onwards is the requirement to keep a working cash balance in the operating account of $1.500m with all balances above this to be regularly returned via the OPA receivable.
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