AUSTRALIAN FISHERIES MANAGEMENT AUTHORITY
Section 1: Entity overview and resources .............................................................. 172
1.1
Strategic direction ......................................................................................... 172
1.2
Entity resource statement ............................................................................. 175
1.3
Budget measures .......................................................................................... 175
Section 2: Outcomes and planned performance ................................................... 176
2.1
Outcomes and performance information ...................................................... 176
Section 3: Explanatory tables and budgeted financial statements ..................... 182
3.1
Explanatory tables ........................................................................................ 182
3.2
Budgeted financial statements...................................................................... 183
171
AUSTRALIAN FISHERIES MANAGEMENT AUTHORITY
Section 1: Entity overview and resources
1.1
STRATEGIC DIRECTION
The Australian Fisheries Management Authority (AFMA) was established under the
Fisheries Administration Act 1991 (FAA) to manage Australia’s Commonwealth fisheries
on behalf of the Australian community using the provisions of the Fisheries
Management Act 1991 (FMA).
The AFMA Commission is responsible for exercising AFMA’s domestic fisheries
management functions and powers under the FAA and FMA. The Chief Executive
Officer is responsible for assisting the Commission, including giving effect to its
decisions and is also a Commissioner. The Chief Executive Officer is also responsible
for exercising AFMA’s foreign compliance functions and powers and for AFMA’s
financial and human resources management under the Public Governance, Performance
and Accountability Act 2013 (PGPA Act) and the Public Service Act 1999.
AFMA’s legislated functions and objectives provide for the implementation of efficient
and cost effective fisheries management consistent with the principles of ecologically
sustainable development, including the precautionary principle, and maximising the
net economic returns to the Australian community from the management of
Commonwealth fisheries. AFMA is to have regard to the impact of fishing on nontarget species and the long-term sustainability of the marine environment.
In support of the objectives, AFMA’s work concentrates on providing fisheries
management arrangements, compliance programmes, licensing services and
developing operational policies and regulations based on understanding and
monitoring Australian marine living resources potentially affected by Commonwealth
fisheries.
AFMA undertakes its foreign compliance functions through participation in the
Australian Government’s civil maritime surveillance and response programme and
outreach activities providing advice and training in neighbouring countries. AFMA’s
role includes fisheries enforcement, planning, training and vessel disposal activities.
The activities protect Commonwealth and state-managed fisheries from illegal foreign
fishing and contribute to managing wider border security issues.
AFMA also provides fisheries management services for the Protected Zone Joint
Authority (PZJA) under the Torres Strait Fisheries Act 1984 (TSFA). Decisions under this
legislation are made by the PZJA which comprises of the Commonwealth as Chair and
the Torres Strait Regional Authority and Queensland Government as other members.
The key objectives of the TSFA are to acknowledge and protect the traditional way of
172
AFMA Budget Statements
life and livelihood of traditional inhabitants, including their rights in relation to
traditional fishing and to protect and preserve the marine environment and
Indigenous fauna and flora in and in the vicinity of the Protected Zone.
When developing and implementing fisheries management arrangements, AFMA
works in partnership with the public and key stakeholders, including commercial
fishing operators, Indigenous interests, the prescribed peak industry body, sectoral
industry associations, recreational and charter fishing representatives, researchers,
environment/conservation organisations and others with an interest in
Commonwealth fisheries management. AFMA engages with stakeholder groups
through management advisory committees, resource assessment groups, working
groups, liaison meetings, port visits, electronic newsletters and direct mail to
concession holders in Commonwealth fisheries. These partnerships are especially
important as AFMA continues to engage stakeholders so they can more actively
manage fisheries to ensure their ecological sustainability and to assume more
responsibility for managing fisheries to ensure their sustainability. In accordance with
legislation AFMA consults the public on the development of and amendments to
fishery management plans, and is expanding its communications with stakeholders
through contemporary digital, web and social media.
In managing Commonwealth fisheries, AFMA applies the Australian Government’s
cost recovery policy through its Cost Recovery Impact Statement (CRIS). The
commercial fishing industry pays for costs directly attributed to and recoverable from
the fishing industry while the Government pays for foreign compliance and activities
that benefit the broader community. The cost recovery framework is under review in
accordance with the Government’s cost recovery guidelines and is expected to apply
across all relevant industry and other users of AFMA services from 2016–17.
To fulfil its functions, AFMA commissions and places a high importance on scientific
and economic research and risk assessments to inform its decision-making.
AFMA’s focus over the current and forecast period is on:
• Managing Commonwealth fisheries in-line with the Commonwealth Harvest
Strategy Policy and Guidelines that facilitate sustainable and profitable fisheries;
• Preventing unacceptable impacts of Commonwealth fisheries on marine ecosystems
and organisms by assessing risk and applying ecological risk assessment and
ecological risk management frameworks and managing all fisheries in line with
Commonwealth policy on fisheries bycatch;
• Improving the efficiency and cost effectiveness of fisheries administration by
streamlining business processes, and reducing red tape and unnecessary regulatory
requirements;
• Increasing opportunities for co-management1 of fisheries;
173
AFMA Budget Statements
• Deterring illegal fishing in Commonwealth fisheries through targeted enforcement
based on compliance risk assessments and available resources;
• Deterring and preventing illegal foreign fishing in the Australian Fishing Zone and
adjoining regions by providing the fisheries focus in the Australian Government
border protection arrangements, prosecuting offences, disposing of forfeited boats,
gear and catches, and engaging in capacity building programmes and cooperative
monitoring, control and surveillance activities with regional countries; and
• Effective engagement with the community and other stakeholders to improve
communications and increase public awareness and accessibility of fishery
management information.
1. Fisheries co-management is an arrangement in which responsibilities and obligations for sustainable
fisheries management are negotiated, shared and potentially delegated between Government, fishers
and other stakeholders where appropriate.
174
AFMA Budget Statements
1.2
ENTITY RESOURCE STATEMENT
Table 1.1 shows the total resources from all sources. The table summarises how
resources will be applied by outcome and by administered and departmental
classification.
Table 1.1: Australian Fisheries Management Authority resource statement
— Budget estimates for 2015–16 as at Budget May 2015
Estimate
Proposed
Total
available
of prior
appropriation year amounts
available in
2014–15
2015–16
$'000
$'000
Actual
at Budget
estimate
2015–16
$'000
2015–16
$'000
Ordinary annual services
Departm ental appropriation
Departmental appropriation1
-
20,955
20,955
s. 74 Retained revenue receipts 2
Total
21,199
3,104
24,303
-
3,115
24,070
3,115
24,070
Adm inistered expenses
Outcome 1
Total
Total ordinary annual services
5,309
5,309
29,612
-
5,375
5,375
29,445
5,375
5,375
29,445
Opening balance3
15,256
15,256
-
15,256
Appropriation receipts
Non-appropriation receipts to
20,725
-
21,104
21,104
17,104
53,085
82,697
15,256
15,256
18,831
39,935
69,380
18,831
55,191
84,636
A
Special Accounts
Special accounts
Total Special Accounts
Total resourcing (A+B)
B
Less appropriations draw n from
annual or special appropriations above
and credited to special accounts
and/or payments to corporate
entities through annual
appropriations
(20,725)
(21,104)
(21,104)
Total net resourcing for AFMA
61,972
15,256
48,276
63,532
1. Appropriation Bill (No.1) 2015–16 includes an amount of $0.470 million in 2015–16 for the
Departmental Capital Budget (refer to table 3.2.5 for further details). For accounting purposes this
amount has been designated as 'contributions by owners'.
2. Estimated retained revenue receipts under section 74 of the PGPA Act.
3. Estimated opening balance for Special Accounts (less ‘Special Public Money’ held in Services for
Other Entities and Trust Monies Special Accounts (SOETM)). For further information on Special
Accounts see Table 3.1.2.
Reader note: All figures are GST exclusive.
1.3
BUDGET MEASURES
AFMA does not have any 2015–16 Budget measures.
175
Section 2: Outcomes and planned performance
2.1
OUTCOMES AND PERFORMANCE INFORMATION
Government outcomes are the intended results, impacts or consequences of actions by
the Government on the Australian community. Commonwealth programmes are the
primary vehicle by which Government entities achieve the intended results of their
outcome statements. Entities are required to identify the programmes which contribute
to Government outcomes over the Budget and forward years.
Each outcome is described below together with its related programmes, specifying the
performance indicators and targets used to assess and monitor AFMA’s performance
in achieving Government outcomes.
Outcome
1:
Ecologically sustainable
and
economically
efficient
Commonwealth fisheries, through understanding and monitoring Australia’s
marine living resources and regulating and monitoring commercial fishing,
including domestic licensing and deterrence of illegal foreign fishing.
Outcome 1 strategy
Contributions to achieving this outcome during 2015–16 will include:
• Managing Commonwealth fisheries in-line with the Commonwealth Harvest
Strategy Policy and Guidelines that facilitate sustainable and profitable fisheries;
• Preventing unacceptable impacts of Commonwealth fisheries on marine ecosystems
and organisms by assessing risk and applying ecological risk assessment and
ecological risk management frameworks and managing all fisheries in line with
Commonwealth policy on fisheries bycatch;
• Improving the efficiency and cost effectiveness of fisheries administration by
streamlining business processes, and reducing red tape and unnecessary regulatory
requirements;
• Increasing opportunities for co-management1 of fisheries;
• Deterring illegal fishing in Commonwealth fisheries through targeted enforcement
based on compliance risk assessments and available resources;
• Deterring and preventing illegal foreign fishing in the Australian Fishing Zone and
adjoining regions by providing the fisheries focus in the Australian Government
border protection arrangements, prosecuting offences, disposing of forfeited boats,
gear and catches, and engaging in capacity building programmes and cooperative
monitoring, control and surveillance activities with regional countries; and
176
AFMA Budget Statements
• Effective engagement with the community and other stakeholders to improve
communications and increase public awareness and accessibility of fishery
management information.
1. Fisheries co-management is an arrangement in which responsibilities and obligations for sustainable
fisheries management are negotiated, shared and potentially delegated between Government, fishers
and other stakeholders where appropriate.
Outcome 1 expense statement
Table 2.1 provides an overview of the total expenses for Outcome 1, by programme.
Table 2.1: Budgeted expenses for Outcome 1
Outcom e 1: Ecologically sustainable and econom ically
efficient Com m onw ealth fisheries, through understanding
and m onitoring Australia’s m arine living resources and
regulating and m onitoring com m ercial fishing, including
dom estic licensing and deterrence of illegal foreign fishing.
Program m e 1.1: Australian Fisheries Managem ent
Administered expenses
Ordinary annual services (Appropriation Bill No. 1)
Departmental expenses
Departmental appropriation 1
Special accounts
Expenses not requiring appropriation in the budget year 2
Total for Program m e 1.1
Outcom e 1 Totals by appropriation type
Administered expenses
Ordinary annual services (Appropriation Bill No. 1)
Departmental expenses
Departmental appropriation 1
Special accounts
Expenses not requiring appropriation in the budget year
Total expenses for Outcom e 1
2
2014–15
Estimated
actual
expenses
$'000
2015–16
Estimated
expenses
$'000
5,309
5,392
23,829
14,000
1,895
23,600
14,420
1,895
45,033
45,307
5,309
5,392
23,829
14,000
1,895
23,600
14,420
1,895
45,033
45,307
2014–15
2015–16
Average staffing level (num ber)
182.0
185.0
1. Departmental appropriation combines ‘Ordinary annual services (Appropriation Bill No. 1)’ and ‘Retained
Revenue Receipts’ under section 74 of the PGPA Act.
2. ‘Expenses not requiring appropriation in the Budget year’ is made up of depreciation expense and
amortisation expense for both departmental and administered items.
Note: Departmental appropriation splits and totals are indicative estimates and may change in the course of
the Budget year as Government priorities change.
177
AFMA Budget Statements
Contributions to Outcome 1
Programme 1.1: Australian Fisheries Management Authority
Programme objective
To sustainably manage Commonwealth fisheries and deter illegal fishing.
Programme expenses

AFMA’s expenditure on domestic fisheries management is a combination of cost
recovered and Government funded activities. This expenditure, including the
departmental appropriation, is managed through the AFMA Special Account.

Administered expenditure is for the caretaking and disposal of illegal foreign fishing
vessels. Expenses not requiring appropriation represent the depreciation of disposal
facilities (administered assets).
2014–15
Estimated
actual
$'000
Annual administered expenses:
Ordinary Annual Services
(Appropriation Bill No. 1)
2015–16 2016–17 2017–18
Budget Forw ard Forw ard
estimate estimate
$'000
$'000
$'000
2018–19
Forw ard
estimate
$'000
5,309
5,392
5,365
5,456
5,550
23,829
23,600
23,552
23,764
23,927
14,000
14,420
14,853
15,299
15,758
Annual departmental expenses:
Departmental appropriation1
Special account expenses:
AFMA Special account
Expenses not requiring appropriation in
the budget year 2
1,895
1,895
1,895
1,895
1,895
Total Program m e expenses
45,033
45,307
45,665
46,414
47,130
1. Departmental appropriation combines ‘Ordinary annual services (Appropriation Bill No. 1)’ and ‘Retained
Revenue Receipts’ under section 74 of the PGPA Act.
2. ‘Expenses not requiring appropriation in the Budget year’ is made up of depreciation expense and
amortisation expense for both departmental and administered items.
178
AFMA Budget Statements
Programme 1.1 Deliverables
AFMA aims to improve the long term sustainable catch of target species through:

regularly assessing the status of target species; and

applying Commonwealth Harvest Strategy Policy, which defines targets for pursuing
precautionary and economically efficient catch levels.
AFMA pursues ecological sustainability by:

applying the Commonwealth Bycatch Policy, which seeks to reduce or minimise
interactions with non-target species;

conducting risk based compliance programmes to deter illegal fishing in AFMA managed
fisheries;

conducting ecological risk assessments and putting in place management responses for
species considered at risk from fishing activity; and

supporting the fishing industry to meet the requirements of the Environment Protection
and Biodiversity Conservation Act 1999.
AFMA seeks to maximise the net economic returns to the Australian community from
Commonwealth fisheries by:

increasing the number of fisheries and/or species with specific targets for maximum
economic yield, where it is cost effective to do so.
AFMA aims to deter and prevent illegal foreign fishing in the Australian Fishing Zone
and thereby minimise its impact on Australian fisheries resources by:

providing the fisheries focus within the Australian Government Civil Maritime
Surveillance and Response Programme; and

carrying out capacity building projects and cooperative enforcement operations to
improve the sustainability of fish resources in neighbouring countries.
Continued on following page
179
AFMA Budget Statements
Programme 1.1 Deliverables (continued)
Deliverables
Minimum
of 10.
10
2016–17
Forw ard
estimate
Minimum
of 10.
10
2017–18
Forw ard
estimate
Minimum
of 5.
5
2018–19
Forw ard
estimate
Minimum
of 5.
5
12
13
13
13
13
11
11
11
11
11
400
2500
Greater
than 99%
of levies
collected.
Note2
200
2700
Greater
than 99%
of levies
collected.
Note2
200
2700
Greater
than 99%
of levies
collected.
Note2
200
2700
Greater
than 99%
of levies
collected.
Note2
200
2700
Greater
than 99%
of levies
collected.
Note2
Dispose of illegal foreign fishing
Note2
Note2
Note2
Note2
vessels.
Capacity building programmes in
4
4
4
4
regional countries.
Evidence of suspected illegal
100% of
100% of
100% of
100% of
foreign fishing vessels forw arded
cases.
cases.
cases.
cases.
to regional organisation and/or
Adm inistered: Illegal foreign fishing vessel caretaking and disposal
Forfeited vessels disposed of. 3
100%
100%
100%
100%
Note2
Complete research projects
including Torres Strait Fisheries. 1
Complete fishery independent
surveys.
Number of fisheries regulated
under plans of management,
including Torres Strait Fisheries.
Number of harvest strategies
applied to regulated fisheries.
Complete licensing transactions:
a. manual
b. automated
Amount of levies collected.
Prosecute illegal foreign fishers.
2014–15
Estimated
actual
Minimum
of 10.
10
2015–16
Budget
4
100% of
cases.
100%
Review annual domestic
100%
100%
100%
100%
100%
compliance risk assessment.
1. Includes only research projects that AFMA contracts with the research provider. It does not include
research projects administered by other agencies in which AFMA co-invests.
2. Performance cannot be forecast reliably. Actual results will be included in the AFMA Annual Report.
3. Expressed as a proportion of forfeited vessels brought to AFMA-commissioned caretaking and disposal
facilities. The actual numbers depend on the number apprehended and brought to the disposal facilities
through the Civil Maritime Surveillance and Response Programme and cannot be forecast reliably.
180
AFMA Budget Statements
Programme 1.1 Performance measures
The Commonwealth Harvest Strategy Policy and associated guidelines provide a framework
to maintain key commercial fishery stocks at ecologically sustainable levels and maximise net
economic returns through fisheries management and applying a precautionary approach.
Performance measures
2014–15
Estimated
actual
For econom ically significant stocks:1
2015–16
Budget
2016–17
Forw ard
estimate
2017–18
Forw ard
estimate
2018–19
Forw ard
estimate
a. Maximise the number of key
19
19
20
20
20
commercial stocks w ith
harvest strategy targets
based on maximum economic
yield (MEY) or the best
available proxy.2,3
b. Improve the number of stocks
13
13
16
17
18
in (a) assessed as being on
target.3
c. For those stocks in (a) that
6
6
4
3
2
are assessed as not on
target, improve the number
that are heading tow ards
their target reference point. 3
Number of fish stocks subject to
0
0
0
0
0
overfishing.4
Minimise the number of species
69
72
64
50
40
assessed as remaining at high risk
after mitigation.5
Maximise the disposal of
100%
100%
100%
100%
100%
apprehended foreign illegal,
unregulated and unreported (IUU)
vessels and suspected illegal
entry vessels (SIEVs).
Treatments targets for all priority
90%
90%
90%
90%
90%
domestic compliance risks met.
1. Please note that not all Commonwealth fish stocks can be managed by MEY, for example, those
managed under international regional bodies.
2. Where higher and lower value species are caught together, different targets for the lower value species
may maximise net economic returns overall.
3. Assessment methodologies are being reviewed. This may mean projections may vary.
4. In AFMA managed fisheries, not including jointly and internationally managed fisheries.
5. Ecological Risk Assessments for Commonwealth managed fisheries and sub-fisheries have been
completed covering almost 1,200 species. Species considered to be potentially at high risk are the
subject of mitigation measures and further assessment. This may mean that projections of numbers of
high risk species may vary from year to year.
181
AFMA Budget Statements
Section 3: Explanatory tables and budgeted financial
statements
Section 3 presents explanatory tables and budgeted financial statements which provide
a comprehensive snapshot of entity finances for the 2015–16 budget year. It explains
how budget plans are incorporated into the financial statements and provides further
details of the reconciliation between appropriations and programme expenses,
movements in administered funds, special accounts and Government Indigenous
expenditure.
3.1
EXPLANATORY TABLES
3.1.1 Movement of administered funds between years
AFMA does not have any movement of administered funds.
3.1.2 Special accounts
Special accounts provide a means to set aside and record amounts used for specified
purposes. Special accounts can be created by a Finance Minister’s determination under
section 78 of the PGPA Act or under separate enabling legislation (section 80 of the
PGPA Act refers). Table 3.1.2 shows the expected additions (receipts) and reductions
(payments) for each account used by AFMA.
Table 3.1.1: Estimates of special account flows and balances
AFMA Special Account (D) 1
Opening
Closing
balance Receipts Payments Adjustments balance
2015–16 2015–16 2015–16
2015–16 2015–16
2014–15 2014–15 2014–15
2014–15 2014–15
Outcome
$'000
$'000
$'000
$'000
$'000
1
15,256
39,935
39,935
15,256
15,256
37,829
37,829
15,256
AFMA Services for Other Entities
and Trust Monies Special
Account (A)
1
135
135
-
-
-
135
135
Total special accounts
2015–16 Budget estim ate
15,391
39,935
39,935
15,391
Total special accounts
2014–15 estimated actual
15,391
37,829
37,829
15,391
1. The AFMA Special Account was established under section 94B of the FAA. The FAA also includes a
crediting right provision to provide an equivalent amount to AFMA for its management levies and license
fees that are banked to consolidated revenue.
(D) = Departmental
(A) = Administered
3.1.3 Australian Government Indigenous expenditure
AFMA has no Indigenous specific expenditure.
182
AFMA Budget Statements
3.2 BUDGETED FINANCIAL STATEMENTS
3.2.1 Analysis of budgeted financial statements
AFMA expects to maintain a balanced Budget position over the forward years.
AFMA collects levies via regulations under the Fishing Levy Act 1991, in accordance
with the FMA, FAA, Australian Government cost recovery policy and AFMA’s CRIS.
AFMA is reviewing its CRIS in line with the Government’s cost recovery guidelines
and this may result in changes to future year estimates from 2016–17.
AFMA is also reviewing its legislative provisions relating to the application of
penalties, which may result in changes to future year estimates from 2016–17.
Funding for depreciation and amortisation expenses have been attributed between
Government and cost recovered activities in accordance with AFMA’s CRIS.
From 2010–11 the Government introduced net cash appropriation arrangements. The
cumulative effect of these arrangements will lead to AFMA’s accumulated results
equity declining over the forward years as depreciation and amortisation expenses are
greater than equity appropriations.
From 2013–14, AFMA changed its internal process regarding levy collections. Levy
revenue no longer flows through AFMA’s Administered Special Account and now is
receipted directly into the Departmental Special Account.
Administered income reflects the fines imposed by AFMA for domestic and
international illegal fishing activities and the receipt of administered revenue for
expenditure incurred.
Administered expenditure reflects payments to the providers of illegal foreign fishing
vessel caretaking and disposal services.
183
AFMA Budget Statements
3.2.2 Budgeted financial statements tables
Table 3.2.1 Comprehensive income statement (showing net cost of services)
(for the period ended 30 June)
2014–15
Estimated
actual
$'000
EXPENSES
Employee benefits
Supplier expenses
Depreciation and amortisation
Total expenses
LESS:
OWN-SOURCE INCOME
Ow n-source revenue
Sale of goods and rendering of services
Rental income
Levies and license fees provided via
crediting right to special account
Total ow n-source revenue
Gains
Other
Total gains
Total ow n-source incom e
Net cost of (contribution by)
services
Revenue from Government
Surplus (Deficit) attributable to
the Australian Governm ent
OTHER COMPREHENSIVE INCOME
Total com prehensive incom e (loss)
Total com prehensive incom e (loss)
attributable to the Australian
Governm ent
Note: Im pact of net cash appropriation
2015–16
Budget
$'000
2016–17
Forw ard
estimate
$'000
2017–18
Forw ard
estimate
$'000
2018–19
Forw ard
estimate
$'000
22,937
14,926
1,798
39,661
23,657
14,397
1,798
39,852
24,400
14,039
1,798
40,237
24,473
14,624
1,798
40,895
24,600
15,119
1,798
41,517
2,527
577
2,527
588
2,527
600
2,527
612
2,527
624
14,000
17,104
14,420
17,535
14,853
17,980
15,299
18,438
15,758
18,909
34
34
17,138
34
34
17,569
34
34
18,014
34
34
18,472
34
34
18,943
22,523
20,725
22,283
20,485
22,223
20,425
22,423
20,625
22,574
20,776
(1,798)
(1,798)
(1,798)
(1,798)
(1,798)
(1,798)
(1,798)
(1,798)
(1,798)
(1,798)
(1,798)
(1,798)
arrangem ents
2014–15 2015–16
$'000
$'000
(1,798)
(1,798)
(1,798)
2016–17
$'000
2017–18
$'000
2018–19
$'000
Total com prehensive incom e
(loss) excluding depreciation/
am ortisation expenses previously
funded through revenue
appropriations.
less depreciation/amortisation expenses
previously funded through revenue
appropriations 1
1,798
1,798
1,798
1,798
1,798
Total com prehensive incom e
(loss) – as per the statem ent of
com prehensive incom e
(1,798)
(1,798)
(1,798)
(1,798)
(1,798)
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 3.2.5 Departmental Capital Budget Statement.
Prepared on Australian Accounting Standards basis.
184
AFMA Budget Statements
Table 3.2.2: Budgeted departmental balance sheet (as at 30 June)
2014–15
Estimated
actual
$'000
2015–16
Budget
2016–17
Forw ard
estimate
$'000
2017–18
Forw ard
estimate
$'000
2018–19
Forw ard
estimate
$'000
ASSETS
Financial assets
Cash and cash equivalents
Trade and other receivables
Total financial assets
475
16,509
16,984
475
16,509
16,984
475
16,509
16,984
475
16,127
16,602
475
15,745
16,220
Non-financial assets
Land and buildings
Property, plant and equipment
Intangibles
Other
Total non-financial assets
Total assets
5,053
1,594
1,811
149
8,607
25,591
4,449
1,695
1,347
149
7,640
24,624
3,940
1,542
1,035
149
6,666
23,650
3,256
1,496
816
149
5,717
22,319
2,572
1,899
151
149
4,771
20,991
LIABILITIES
Payables
Suppliers
Accrued expenses
Total payables
876
5,436
6,312
519
5,338
5,857
259
5,338
5,597
259
5,338
5,597
259
5,338
5,597
Provisions
Employee provisions
Total provisions
6,239
6,239
6,377
6,377
6,319
6,319
6,319
6,319
6,319
6,319
12,551
12,234
11,916
11,916
11,916
11,734
10,403
9,075
11,583
4,644
12,050
4,644
12,520
4,644
(4,493)
11,734
(6,291)
10,403
(8,089)
9,075
Total liabilities
$'000
Net assets
13,040
12,390
EQUITY*
Parent entity interest
Contributed equity
10,651
11,120
Reserves
4,644
4,644
Retained surplus
(accumulated deficit)
(2,255)
(3,374)
Total equity
13,040
12,390
* 'Equity' is the residual interest in assets after deduction of liabilities.
Prepared on Australian Accounting Standards basis.
185
AFMA Budget Statements
Table 3.2.3: Departmental statement of changes in equity — summary of
movement (Budget year 2015–16)
Retained
earnings
$'000
Opening balance as at 1 July 2015
Balance carried forw ard from
previous period
Adjusted opening balance
Com prehensive incom e
Surplus (deficit) for the period
Total comprehensive income
of w hich:
Attributable to the Australian Government
Total
equity
$'000
(2,255)
(2,255)
4,644
4,644
10,651
10,651
(1,798)
(1,798)
-
-
(1,798)
(1,798)
(1,798)
-
-
(1,798)
Transactions w ith ow ners
Contributions by owners
Departmental Capital Budget (DCBs)
Other
Sub-total transactions w ith ow ners
679
679
Estim ated closing balance
as at 30 June 2016
Closing balance attributable to the
Australian Governm ent
Prepared on Australian Accounting Standards basis.
Asset Contributed
revaluation
equity/
reserve
capital
$'000
$'000
-
470
(1)
469
13,040
13,040
470
678
1,148
(3,374)
4,644
11,120
12,390
(3,374)
4,644
11,120
12,390
186
AFMA Budget Statements
Table 3.2.4: Budgeted departmental statement of cash flows (for the period
ended 30 June)
OPERATING ACTIVITIES
Cash received
Sale of goods and rendering of
services
Appropriations
Net GST received
Other
Total cash received
Cash used
Employees
Suppliers
Total cash used
Net cash from (used by)
operating activities
INVESTING ACTIVITIES
Cash used
Purchase of property, plant,
equipment and intangibles
Total cash used
Net cash from (used by)
investing activities
2014–15
Estimated
actual
$'000
2015–16
Budget
2016–17
Forw ard
estimate
$'000
2017–18
Forw ard
estimate
$'000
2018–19
Forw ard
estimate
$'000
3,104
20,603
310
14,000
38,017
3,115
20,403
312
14,420
38,250
3,127
20,423
313
14,853
38,716
3,510
20,623
350
15,264
39,747
3,151
20,895
315
15,443
39,804
23,071
14,591
37,662
23,795
14,094
37,889
24,542
13,813
38,355
25,070
14,295
39,365
24,600
14,822
39,422
355
361
361
382
382
825
825
831
831
824
824
849
849
852
852
(825)
(831)
(824)
(849)
(852)
470
470
463
463
467
467
470
470
470
463
467
470
-
-
-
-
475
475
475
475
475
475
475
475
FINANCING ACTIVITIES
Cash received
Contributed equity
470
Total cash received
470
Net cash from (used by)
financing activities
470
Net increase (decrease)
in cash held
Cash and cash equivalents at the
beginning of the reporting period
475
Cash and cash equivalents at the
end of the reporting period
475
Prepared on Australian Accounting Standards basis.
187
$'000
AFMA Budget Statements
Table 3.2.5: Departmental capital budget statement
2014–15
Estimated
actual
$'000
2015–16
Budget
$'000
2016–17
Forw ard
estimate
$'000
2017–18
Forw ard
estimate
$'000
2018–19
Forw ard
estimate
$'000
CAPITAL APPROPRIATIONS
Capital budget – Bill 1 (DCB)
Total capital appropriations
470
470
470
470
463
463
467
467
470
470
Total new capital appropriations
represented by:
Purchase of non-financial assets
Total item s
470
470
470
470
463
463
467
467
470
470
470
470
463
467
470
355
361
361
382
382
825
831
824
849
852
824
849
852
824
849
852
PURCHASE OF NON-FINANCIAL
ASSETS
Funded by capital appropriation – DCB1
Funded internally from
departmental resources 2
TOTAL
RECONCILIATION OF CASH
USED TO ACQUIRE ASSETS
TO ASSET MOVEMENT TABLE
Total purchases
825
831
Total cash used to
acquire assets
825
831
1. Includes the following sources of funding:
– annual and prior year appropriations;
– internally developed assets;
– section 74 Retained revenue receipts;
– proceeds from the sale of assets; and
– the AFMA Special Account under section 94B of the FAA.
Consistent with information contained in the Statement of Asset Movements and the Budgeted Statement of
Cash Flows.
188
AFMA Budget Statements
Table 3.2.6: Statement of asset movements (Budget year 2015–16)
Land Buildings
Other Intangibles
property,
plant and
equipment
$'000
$'000
$'000
$'000
As at 1 July 2015
Gross book value
Accumulated
depreciation/amortisation
and impairment
Opening net book balance
L&B
IP&E
held
for sale
$'000
Total
$'000
1,075
7,066
4,193
6,043
2
18,379
1,075
(3,088)
3,978
(2,599)
1,594
(4,232)
1,811
(2)
-
(9,921)
8,458
CAPITAL ASSET ADDITIONS
Estim ated expenditure on
new or replacem ent assets
By purchase – appropriation
ordinary annual services 1
Total additions
-
Other m ovem ents
Depreciation/amortisation
Total other m ovem ents
-
80
80
(684)
(684)
550
550
201
201
-
(449)
(449)
(665)
(665)
-
831
831
(1,798)
(1,798)
As at 30 June 2016
Gross book value
1,075
7,146
4,743
6,244
2
19,210
Accumulated
depreciation/amortisation
and impairment
(3,772)
(3,048)
(4,897)
(2) (11,719)
Closing net book balance
1,075
3,374
1,695
1,347
7,491
1. ‘Appropriation ordinary annual services’ refers to funding provided through Appropriation Bill (No. 1)
2015–16 for depreciation/amortisation expenses, DCBs or other operational expenses.
Prepared on Australian Accounting Standards basis.
189
AFMA Budget Statements
Table 3.2.7: Schedule of budgeted income and expenses administered on behalf
of Government (for the period ended 30 June)
2014–15
Estimated
actual
$'000
EXPENSES ADMINISTERED ON
BEHALF OF GOVERNMENT
Supplier expenses
Depreciation and amortisation
Total expenses adm inistered
on behalf of Governm ent
LESS:
OWN-SOURCE INCOME
Ow n-source revenue
Non-taxation revenue
Sale of goods and rendering
of services 1
$'000
2016–17
Forw ard
estimate
$'000
2017–18
Forw ard
estimate
$'000
2018–19
Forw ard
estimate
$'000
5,309
63
5,392
63
5,365
63
5,456
63
5,550
63
5,372
5,455
5,428
5,519
5,613
721
721
742
742
764
764
786
786
786
786
721
742
764
786
786
721
742
764
786
786
Total non-taxation revenue
Total ow n-source revenues
adm inistered on behalf of
Governm ent
Total ow n-source incom e
adm inistered on behalf of
Governm ent
Net Cost of (contribution by)
services
Surplus (Deficit)
2015–16
Budget
4,651
(4,651)
4,713
(4,713)
4,664
(4,664)
4,733
(4,733)
4,827
(4,827)
Total com prehensive incom e (loss)
(4,651)
(4,713)
(4,664)
(4,733)
(4,827)
1. This includes an estimated $0.700 million per annum collected on behalf of the Fisheries Research and
Development Corporation, which is not claimed by AFMA through the crediting right.
Prepared on Australian Accounting Standards basis.
190
AFMA Budget Statements
Table 3.2.8: Schedule of budgeted assets and liabilities administered on behalf
of Government (as at 30 June)
2014–15
Estimated
actual
$'000
2015–16
Budget
$'000
2016–17
Forw ard
estimate
$'000
2017–18
Forw ard
estimate
$'000
2018–19
Forw ard
estimate
$'000
ASSETS
Financial assets
Cash and cash equivalents
Receivables
Total financial assets
17
256
273
256
256
256
256
256
256
256
256
Non-financial assets
Land and buildings
Total non-financial assets
530
530
467
467
404
404
341
341
278
278
Total assets adm inistered
on behalf of Governm ent
803
723
660
597
534
LIABILITIES
Payables
Suppliers
Total payables
487
487
487
487
487
487
487
487
487
487
Total liabilities adm inistered
on behalf of Governm ent
487
Net assets/(liabilities)
316
Prepared on Australian Accounting Standards basis.
487
236
487
173
487
110
487
47
191
AFMA Budget Statements
Table 3.2.9: Schedule of budgeted administered cash flows (for the period ended
30 June)
2014–15
Estimated
actual
$'000
OPERATING ACTIVITIES
Cash received
Sales of goods and rendering
of services
Total cash received
Cash used
Suppliers
Total cash used
Net cash from (used by)
operating activities
Net increase (decrease) in
cash held
Cash and cash equivalents at
beginning of reporting period
Cash from Official Public Account for:
– Appropriations
Cash to Official Public Account for:
– Special accounts
Cash and cash equivalents at end
of reporting period
2015–16
Budget
$'000
2016–17
Forw ard
estimate
$'000
2017–18
Forw ard
estimate
$'000
2018–19
Forw ard
estimate
$'000
721
721
742
742
764
764
786
786
786
786
5,309
5,309
5,392
5,392
5,365
5,365
5,456
5,456
5,550
5,550
(4,588)
(4,650)
(4,601)
(4,670)
(4,764)
(4,588)
(4,650)
(4,601)
(4,670)
(4,764)
17
17
-
-
-
5,309
5,375
5,365
5,456
5,550
721
742
764
786
786
17
-
-
-
-
Table 3.2.10: Statement of administered asset movements (2015–16)
As at 1 July 2015
Gross book value
Accumulated depreciation/amortisation and impairment
Opening net book balance
Other m ovem ents
Depreciation/amortisation expense
Total other m ovem ents
As at 30 June 2016
Gross book value
Accumulated depreciation/amortisation and impairment
Closing net book balance
Prepared on Australian Accounting Standards basis.
192
Buildings
$'000
Total
$'000
837
(307)
530
837
(307)
530
(63)
(63)
(63)
(63)
837
(370)
467
837
(370)
467