Department of Education

Output
group
Capital
Investment
Program
2011
Budget
$’000
2011
Actual
$’000
2010
Actual
$’000
Continuing operations
Revenue and other income from transactions
Appropriation revenue – recurrent
Other revenue 14,318 11,810 7,359
Grants – – 1,345
Total revenue and other income from transactions 14,318 11,810 8,704
Expenses from transactions
Expenditure program* 977 20,659 30,663
Total expenses from transactions 977 20,659 30,663
Net operating result from continuing transactions 13,341 (8,849) (21,959)
Non-operational capital funding
Revenue from government
Appropriation revenue – works and services 212,926 188,618 221,036
Other revenue from government 12,206 14,737 –
Total non-operating capital funding 225,132 203,355 221,036
Net result from transactions (net operating balance)
Net result 238,473 194,506 199,077
Other economic flows – – –
Comprehensive result 238,473 194,506 199,077
Net assets
Total liabilities incurred for Capital Investment Program (11,510) (14,731)
Net assets deployed for Capital Investment Program (11,510) (14,731)
* Expenditure program relates to maintenance programs, Building the Education Revolution program administration costs and capital
expenditure which falls under the department’s capitalisation threshold.
3.2
Reconciliation
of total
output groups
comprehensive
result to
Statement of
Comprehensive
Income
2011
Budget
$’000
2011
Actual
$’000
2010
Actual
$’000
Total comprehensive result of output groups 208,274 225,985 267,305
Comprehensive result 208,274 225,985 267,305
3.3
Reconciliation
of total output
groups net
assets to
Statement
of Financial
Position
2011
Actual
$’000
2010
Actual
$’000
Total net assets deployed for output groups 1,512,160 1,035,215
Reconciliation to net assets
Assets unallocated to output groups 13,465 23,067
Net assets 1,525,625 1,058,282
Financial Statements – Notes 105