Industry, tourism and resources portfolio

Carrying amount at the start of year - 4,476 - 6,813 - 20,190 - 31,479 Additions - 95 - 1,096 - 5,809 - 7,000 Disposals ­Net revaluation increments / decrements ­Recoverable amount write-downs -------­Depreciation / amortisation expense 1,789 2,373 3,914 8,076 Recoverable amount write-downs ­Other movements (give details below) ­

Carrying amount at the end of year - 2,782 - 5,536 - 22,085 - 30,403

Total additions Represented By: Self funded Appropriations Total Represented By:	---	(1,694) (1,694) (1,694)	---	(1,277) (1,277) (1,277)	---	1,895 1,895 1,895	---	(1,076) (1,076) (1,076)
Note: There are no Tables 3.6 to 3.10.

111

NOTES TO THE FINANCIAL STATEMENTS

The Analysis of Financial Statements at pages 102 -103 provides an overview of the key elements of IP Australia’s financial statements.

An overview of the key features of the Australian Government’s accrual budgeting framework is provided in Part A: User Guide at pages 4 - 7 of these PB Statements.

Section 4: Purchaser-provider and cost recovery arrangements

PURCHASER-PROVIDER ARRANGEMENTS

IP Australia has not entered into any purchaser-provider arrangements with other agencies.

COST RECOVERY ARRANGEMENTS

IP Australia has operated on a full cost recovery basis for over 10 years. Current policy as outlined in Chief Executive Instructions requires that, in setting prices, IP Australia attempts to:

• 
  keep prices as low as possible within cost recovery guidelines, whilst striving to improve service quality;
  
• 
  keep price structures as simple as possible;
  
• 
  take into account prices for similar services offered in Australia and overseas;
  
• 
  recognise the importance of meeting customers’ business needs and convenience;
  
• 
  ensure customers benefit from cost savings flowing from process improvements;
  
• 
  have a single set of prices applying to all applicants and IP rights holders; and
  
• 
  minimise the frequency of price changes or changes to price structures.
  

IP Australia has scheduled a review of cost recovery arrangements in 2004-05 and a summary of a Cost Recovery Impact Statement will be published in Portfolio Budget Statements following completion of this review.

Any minor fee changes put in place prior to the finalisation of the cost recovery review will be explained on cost recovery grounds as part of associated Regulation Impact Statements. Fee changes associated with the new Designs legislation which comes into effect in July 2004, although not significant in cost recovery terms at less than $5m in associated revenue, will be addressed via a separate cost recovery statement to be considered with the new regulations.

GEOSCIENCE AUSTRALIA

SECTION 1: OVERVIEW, APPROPRIATIONS AND BUDGET MEASURES SUMMARY............................................................................................. 117

Agency overview...................................................................................................................117 Appropriations and resourcing...........................................................................................117 Measures — Agency summary............................................................................................119 Revenue from independent sources....................................................................................120 Movement of administered funds from 2003-04 to 2004-05.............................................120 Special appropriations ..........................................................................................................120 Special accounts.....................................................................................................................121 Administered capital and departmental equity injections and loans.............................121

SECTION 2: OUTCOMES AND OUTPUTS INFORMATION .............................. 122

Outcomes and outputs..........................................................................................................122 Outcome 1 — Description ....................................................................................................124 Measures affecting outcome 1..............................................................................................125 Outcome 1 — Resourcing.....................................................................................................127 Outcome 1 — Contribution of outputs...............................................................................128 Performance information for outcome 1 ............................................................................128 Evaluations .............................................................................................................................130

SECTION 3: BUDGETED FINANCIAL STATEMENTS .................................... 131

Analysis of budgeted financial statements ........................................................................131 Notes to the financial statements.........................................................................................145

SECTION 4: PURCHASER-PROVIDER AND COST RECOVERY ARRANGEMENTS ................................................................................... 146

Purchaser-provider arrangements ......................................................................................146 Cost recovery arrangements ................................................................................................147

GEOSCIENCE AUSTRALIA

Section 1: Overview, appropriations and budget measures summary

AGENCY OVERVIEW

Within the portfolio of Industry Tourism and Resources, Geoscience Australia plays a critical role by producing first-class geoscientific information and knowledge. This can enable the Government and the community to make informed decisions about the exploitation of resources, the management of the environment, the safety of critical infrastructure and the resultant wellbeing of all Australians.

Geoscience Australia works in partnership with other Australian Government agencies and State and Territory governments through the National Geoscience Agreement and the Australian and New Zealand Land Information Council (ANZLIC). It also encompasses the Office of Spatial Data Management (OSDM) which is responsible for coordinating the implementation of the Australian Government’s Policy on Spatial Data Access and Pricing

APPROPRIATIONS AND RESOURCING

The total appropriation for Geoscience Australia in the 2004-05 Budget is $101.075m.

Table 1.1 (on the following page) shows the total 2004-05 Budget appropriation and other revenue for Geoscience Australia.

Table 2.1.1 (on page 127) shows how the 2004-05 Budget appropriation and other revenue translate to total resourcing for Geoscience Australia.

Geoscience Australia — appropriations 2004-05 Table 1.1: Appropriations and other revenue ($‘000)

Outcome

Departmental (price of outputs) ('$000)

Administered ($'000)

($'000)

Revenue from Government

Revenue

Price of

Annual

Special

Total

Total

(appropriations)

from other sources(4)

outputs(3)

appropriations ($'000)

appropriations(5)

administered appropriations

appropriations

Bill No. 1

Special

Total

Bill No. 1

Bill No. 2

approps

(SPPs &

NAOs)(2)

(A)

(B)

(C = A+B)

(D) (E = C+D)

(F)

(G)

(H)

(I = F+G+H)

(J=C+I)

(C1)(1)

(E1)(1)

(I1)(1)

Outcome 1 - Enhanced

101,055

-

101,055

9,797

110,852

20

20

101,075

potential for the Australian

*91%

community to obtain economic,

social and environmental

benefits through the application

of first class geoscientific

research and information

Total

101,055

-(K1)(1) 101,055

9,797

110,852

20

(K2)(1) 20

101,075

Departmental capital (equity injections and loans)

-

Administered assets and liabilities

-

Total appropriations

101,075

1. 
   Cells C1, E1 and I1 refer to information provided in Table 2.1.1 (Total resources for outcome 1). Amount K1 refers to Table 3.1 (Budgeted Statement of Financial Performance), and amount K2 refers to Table 3.6 (Schedule of Budgeted Revenues and Expenses Administered on behalf of Government).
   
2. 
   Under the appropriation structure, Bill No. 2 includes specific purpose payments (SPPs), new agency outcomes (NAOs), administered capital and departmental capital via departmental injections and loans.
   
3. 
   Refer to Budgeted Statement of Financial Performance for application of agency revenue.
   
4. 
   Revenue from other sources includes other revenue from government (for example, resources free of charge) and revenue from other sources (for example, sales
   

of goods and services). Non-appropriated departmental and administered revenues are detailed in Table 1.3 (Revenue from independent sources). *Note: Percentage figure indicates the percentage contribution of Revenue from Government (Departmental Appropriations) to the Total Price of Outputs.

118

Section 1: Overview, appropriations and budget measures summary

MEASURES — AGENCY SUMMARY

Table 1.2 (below) summarises the measures in the 2004-05 Budget with resource implications for Geoscience Australia.

Measure Outcome Investing in Australia's Security - critical infrastructure protection 1 Budget estimates - enhanced quality and timeliness 1 1

Output affected 1 1

Admin Dept expenses outputs Total -200 200 2004-05 ($'000) Appropriations budget ­35 35

Admin Dept expenses outputs Total -200 200 Appropriations 2005-06 ($'000) forward estimate ­37 37

Admin Dept expenses outputs Total -200 2002006-07 ($'000) Appropriations forward estimate ­39 39

Admin Dept expenses outputs Total ­200 200 Appropriations 2007-08 ($'000) forward estimate ­­­

1. This measure was incorporated in Geoscience Australia’s estimates at the 2003-04 Mid-Year Economic and Fiscal Outlook (MYEFO) update and reflected in the 2003-04 ITR Portfolio Additional Estimates Statements.

119

REVENUE FROM INDEPENDENT SOURCES

Table 1.3 (below) summarises estimated revenue from independent sources in 2003-04 and 2004-05.

Estimated		Estimated
revenue		revenue
2003-04		2004-05
$’000		$’000
Sales of Goods and Services	12,341	9,797
Total estimated revenue	12,341	9,797

Revenue from independent sources is included in Table 2.1.1 (Total resources for outcome 1) on page 127.

Geoscience Australia’s revenue from independent sources includes cost recovery revenues of $0.580m, or 5.9% of the total for 2004-05. Cost recovery revenues relate to sales of publications and data outside the scope of the Government’s Spatial Information Pricing Policy. Other major sources of independent revenue include fees for services provided to other government agencies, and Cooperative Research Centres (CRCs). Refer to page 147 for additional information on cost recovery activities.

MOVEMENT OF ADMINISTERED FUNDS FROM 2003-04 TO 2004-05

Geoscience Australia has no movement in administered funds between 2003-04 and 2004-05.

SPECIAL APPROPRIATIONS

Geoscience Australia has no special appropriations for 2004-05.

SPECIAL ACCOUNTS

Special Accounts operated by Geoscience Australia are listed in Table 1.6 (below).

Table 1.6: Estimates of special account flows and balances

Estimate - 2004-05, Heavy Figures

2004-05 (1)	2004-05	2004-05	2004-05
2003-04	2003-04	2003-04	2003-04
$'000	$'000	$'000	$'000