Department of Defence
Notes To And Forming Part Of The Financial Statements
for the year ended 30 June 2003
|
2002-03 |
2001-02 |
|
$'000 |
$'000 |
| Note 3: |
Operating Revenues |
|
| Note 3A: |
Revenues from Government |
| Appropriation for outputs |
18,230,325 |
17,843,477 |
| Resources received free of charge |
2,113 |
2,057 |
| Total revenues from Government |
18,232,438 |
17,845,534 |
|
| Note 3B: |
Goods and Services |
|
| Goods |
51,661 |
54,198 |
| Services |
178,884 |
182,180 |
| Total sales of goods and services |
230,545 |
236,378 |
|
| Provision of goods to: |
| Related entities |
12 |
46 |
| External entities |
51,649 |
54,152 |
| Total sales of goods |
51,661 |
54,198 |
|
| Rendering of services to: |
| Related entities |
4,186 |
5,131 |
| External entities |
174,698 |
177,049 |
| Total rendering of services |
178,884 |
182,180 |
|
| Goods and services are represented by: |
| Sale of surplus inventory |
3,540 |
1,570 |
| Fuel sales to foreign governments |
40,441 |
44,129 |
| Other goods |
7,680 |
8,500 |
| Housing rentals |
95,584 |
97,868 |
| Operational exercises, training and facilities |
9,708 |
10,903 |
| Rations and quarters |
37,112 |
37,676 |
| Rental of Defence property (non housing) |
4,389 |
5,916 |
| Other services |
32,091 |
29,816 |
| |
230,545 |
236,378 |
|
| Note 3C: |
Interest Revenue |
| Interest on deposits |
19,332 |
15,246 |
| Total interest revenue |
19,332 |
15,246 |
|
| Note 3D: |
Net Gains from Sales of Assets |
|
| Land and buildings: |
| Proceeds from disposal |
608,529 |
120,031 |
| Net book value of assets disposed |
(537,084) |
(107,472) |
| Net gain from disposal of land and buildings |
71,445 |
12,559 |
|
| Specialist military equipment: |
| Proceeds from disposal |
29,690 |
553 |
| Net book value of assets disposed |
(56,678) |
(92) |
| Net gain/(loss) from disposal of specialist military equipment |
(26,988) |
461 |
|
| Other infrastructure, plant and equipment: |
| Proceeds from disposal |
47,318 |
57,306 |
| Net book value of assets disposed |
(46,787) |
(52,399) |
| Net gain from disposal of other infrastructure, plant and
equipment |
531 |
4,909 |
|
| Total proceeds from disposals |
685,537 |
177,890 |
| Net book value of assets disposed |
(640,549) |
(159,963) |
| Total net gain from disposal of assets |
44,988 |
17,930 |
|
| Note 3E: |
Net Foreign Exchange Gains |
|
| Foreign exchange gains |
| Non-speculative |
47,586 |
25,191 |
|
| Less Foreign exchange losses |
| Non-speculative |
(30,485) |
(21,662) |
| Total net foreign exchange gains |
17,101 |
3,529 |
|
| Note 3F: |
Assets Now Recognised |
|
| Property, Plant and Equipment |
| Specialist military equipment |
586,049 |
567,829 |
| Land and buildings |
9,059 |
731 |
| Other infrastructure, plant and equipment |
67,389 |
6,462 |
| Software and intangibles |
756 |
8,078 |
| Total property, plant and equipment |
663,253 |
583,100 |
|
| Inventory |
| Inventory |
203,042 |
110,950 |
| Total inventory |
203,042 |
110,950 |
|
| Total assets now recognised |
866,295 |
694,050 |
|
| Note 3G: |
Other Revenues |
|
| Revenue now earned * |
- |
58,668 |
| Sales of materials and services |
6,610 |
8,658 |
| Foreign Military Sales refunds |
11,886 |
15,163 |
| Excise refunds |
42,575 |
12,461 |
| Settlement of damages |
18,086 |
9,631 |
| Other minor revenues** |
39,233 |
68,253 |
| Total other revenues |
118,390 |
172,833 |
|
| *
The amount for 2002 includes $56.953m which was initially provided to
Defence for Federation Fund activities. Subsequent legislative changes
have altered the nature of the original funding. Accordingly, the criteria
for amortising money received in advance for the Federation Fund projects
is no longer applicable. |
| **
Other minor revenues include miscellaneous revenues. |
