Royal Botanic Gardens Victoria Annual Report 2018-19
Royal Botanic Gardens Victoria Annual Report 2018-19
Royal Botanic Gardens Victoria Annual Report 2018-19
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3. THE COST OF DELIVERING SERVICES<br />
3.1.3 Superannuation contributions<br />
Employees of the Board are entitled to receive superannuation benefits and the Board contributes to both defined benefit and defined<br />
contribution plans. The defined benefit plan(s) provides benefits based on years of service and final average salary. As noted before, the<br />
defined benefit liability is recognised by DTF as an administered liability.<br />
However, superannuation contributions paid or payable for the reporting period are included as part of employee benefits in the<br />
comprehensive operating statement of the Board.<br />
The contribution amounts paid to employee superannuation funds by the Board are as follows:<br />
Defined benefit plans (a)<br />
State Superannuation Fund 28,827<br />
Defined contribution plans<br />
VicSuper 756,046<br />
Other 1,046,417<br />
Total (b) 1,831,290<br />
20<strong>19</strong><br />
$<br />
<strong>2018</strong><br />
$<br />
28,000<br />
757,253<br />
844,320<br />
1,629,573<br />
Notes:<br />
(a)<br />
(b)<br />
The basis for determining the level of contributions is determined by the various actuaries of the defined benefit superannuation plans.<br />
Total contributions outstanding at 30 June 20<strong>19</strong> are $0 (<strong>2018</strong> - $0).<br />
3.2 Other operating expenses<br />
20<strong>19</strong><br />
$<br />
Supplies and services<br />
Contract costs 2,951,883<br />
Garden and office equipment and supplies 861,128<br />
Non-financial assets hire, maintenance and operational costs 1,164,867<br />
Consultancies and professional services 1,471,9<strong>19</strong><br />
Cleaning and waste disposal costs 501,543<br />
Water charges 504,572<br />
Advertising and promotion 440,259<br />
Motor vehicle expenses 114,622<br />
Computer expenses 423,328<br />
Travel expenses 215,537<br />
Staff training and development 150,704<br />
Insurance costs 175,695<br />
Postage and communication expenses 95,908<br />
Books, periodicals and subscriptions 140,109<br />
Legal costs 16,577<br />
Security 175,794<br />
Catering costs 89,536<br />
Other 317,903<br />
Subtotal 9,811,884<br />
Cost of goods sold 678,280<br />
Operating lease rental expenses <strong>19</strong>,069<br />
Total other operating expenses 10,509,233<br />
<strong>2018</strong><br />
$<br />
1,512,252<br />
673,351<br />
1,026,539<br />
866,535<br />
548,220<br />
474,578<br />
353,958<br />
111,730<br />
298,690<br />
148,369<br />
129,640<br />
183,342<br />
112,644<br />
96,851<br />
35,078<br />
89,532<br />
61,202<br />
210,156<br />
6,932,667<br />
612,310<br />
16,584<br />
7,561,561<br />
90<br />
<strong>Royal</strong> <strong>Botanic</strong> <strong>Gardens</strong> Board <strong>Victoria</strong> <strong>2018</strong>-<strong>19</strong> Financial <strong>Report</strong> Page 13
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