1001.0 - Annual Report - ABS Annual Report, 2005-06  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 11/10/2006   
   Page tools: Print Print Page RSS Feed RSS Bookmark and Share Search this Product  

Financial overview

Within the context of the Portfolio Budget Statements, the ABS has two outputs: (i) Economic Statistics; and (ii) Population and Social Statistics. Table 2.1 below provides, for 2005–06, a financial summary of ABS outputs and price of outputs against the budgeted figures, and also provides budgeted figures for 2006–07. The full financial statements are provided in chapter 25. The ABS budget is prepared under an accrual framework, consistent with the Australian Government Budget requirements.

The operating surplus of $0.023 million in 2005–06 was in line with the balanced operating result projected at Additional Estimates. Revenue from other sources and total expenditure were both around $3 million below budget, and primarily relate to incomplete user funded surveys.

TABLE 2.1 FINANCIAL RESOURCES SUMMARY ($'000)

Budget
2005–06
(a)
Actual
2005–06
Variance
Budget
2006–07
(b)

Price of Departmental Outputs
Output group 1.1 – National Statistical Service
Output group 1.1.1 – Economic statistics
137,878
133,709
4,169
139,257
Output group 1.1.2 – Population and social statistics
204,235
205,221
-986
292,207
Total output
342,113
338,930
3,183
431,464
Revenue from Government appropriation
318,622
318,622
0
413,823
Revenue from other sources
23,491
20,217
3,274
17,641
Total Price of Outputs
342,113
338,839
3,274
431,464
Total for Outcome 1
342,113
338,839
3,274
431,464
Staff years (number)
2,832
2,987
-155
3,300

(a) Budget 2005–06 – full year budget, including additional estimates.
(b) Budget 2006–07 – budget prior to additional estimates.

The ABS does not administer any discretionary grants. It conducts a scholarship program in conjunction with four Australian universities (see chapter 19 for more information).

The breakdown of revenue raised from other sources is shown in Table 2.2 below.

TABLE 2.2 REVENUE RAISED FROM OTHER SOURCES ($'000)

2003–04
2004–05
2005–06

Revenue raised from statistics
Publications
1,071
776
270
Other standard products
4,603
4,293
1,781
Information consultancy
4,432
4,814
4,491
Statistical consultancy
833
784
1,207
User funded surveys
3,083
4,465
8,159
Other products and services
4,738
4,100
3,693
Total revenue raised from statistics
18,760
19,232
19,600
Other revenue
680
1,587
617
Total
19,440
20,819
20,217


Total revenue declined slightly in 2005–06 compared to 2004–05, despite a 2 per cent increase in revenue raised from statistics. Other revenue fell relative to the previous year largely because of the one-off International Statistical Institute conference hosted by the ABS in 2004–05.

Substantial increases in revenue were recorded against statistical consultancy and user funded surveys, reflecting ABS' commitment to increasing its engagement with statistical users. Revenue from user funded surveys was budgeted to be approximately $3 million higher in 2005–06 and, although additional cash of this magnitude was received in 2005–06, it remained as unearned at 30 June 2006.

The ABS recorded significant declines in revenue from publications and other standard products. This was directly attributable to the Australian Government decision to provide free access to all publications and other statistical products on the ABS web site during 2005–06 and the cessation, as a result, of the subscription service for hardcopy publications.

Previous PageNext Page