Annual Report 2006-2007 - Forensicare

Financial Statements for the year ended 30 June 2007Notes To and Forming Part of the Financial Statements for the year Ended 30 June 2007Note 2Statement of Understanding and Service AgreementA Statement of Understanding (1 July 1998 to 30 June 1999) between the Department of Human Services and the Institutespecifically provides for the following –The Department of Human Services acknowledge their liability for the accrued long service leave entitlements for allemployees with service up to 1 July 1998 transferred from the Department to the Institute under the provisions of section 97of the Mental Health Act 1986.Note 2007 2006$’000 $’000Note 3Note 4Revenue from Operating ActivitiesGovernment Grants1(p)Service Agreement – (Department of Human Services) 31,027 28,844Other Government Revenue 214 222Corrections Victoria – (Service Agreement) 3,250 3,104Other RevenuesInterest 284 292Professional Fees 85 105WorkCover Recoveries 278 283Gain on Disposal of Assets 5 - 52Other Income 219 381Sub Total Revenue from Operating Activities 35,357 33,283Revenue from Capital Purpose IncomeGovernment GrantGeneral Purpose (DHS) 1,788 -Security System Upgrade 600 -Sub Total Revenue from Capital Purpose Income 2,386 -Total Revenue 37,743 33,283Expenses From Ordinary ActivitiesEmployee Benefits1(n)Salaries & Wages 19,449 17,163Employee Entitlements 2,392 2,246Superannuation 19 1,737 1,502WorkCover 791 506Non Salary Labour CostsAgency Staff 798 1,135Medical Salaries 1,094 2,496Medicines, Drugs & DiagnosticsMedicines, Drugs 947 927Diagnostics 163 158Property Maintenance & ContractsProperty Expenses 419 396Maintenance Expenses 829 746Contracts 2,163 2,075Security 1,715 1,601Other ExpensesInformation Technology 339 388Supplies & Consumables 1,611 1,302Patient Stores & Provisions 189 168Financial Expenses 89 17Internal Audit Fees 52 95Loss on disposal of Assets 5 45 -Other 527 33235,349 33,253116Victorian Institute of Forensic Mental Health Annual Report 2006-2007