2015-16 2015-16
ANNUAL REPORT ANNUAL REPORT
Department of Economic Development, Jobs, Transport and Resources DEDJTR Authorised and published by the Victorian Government. Department of Economic Development, Jobs, Transport and Resources 1 Spring Street, Melbourne, VIC 3000 Telephone (03) 9208 3333
October 2016
ISSN 2205-6513 (print) ISSN 2205-6521 (online)
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SECTION 1: OVERVIEW 3 Secretary’s foreword 4 SECTION 2: FINANCIAL PERFORMANCE 17 SECTION 3: NON-FINANCIAL PERFORMANCE 193 SECTION 4: APPENDICES 247 Appendix 1: Budget portfolio outcomes 248 Appendix 2:Capital projects/asset investment programs 254 Appendix 3: International Victorian Government Business Offices network 257 Appendix 4: People and workplace 257 Appendix 5: Office-based environmental performance 272 Appendix 6: Implementation of the Victorian Industry Participation Policy 278 Appendix 7: Government advertising expenditure 278 Appendix 8: Consultancy expenditure 280 Appendix 9: Disclosure of major contracts 280 Appendix 10: Information and Communication Technology expenditure 281 Appendix 11: Freedom of Information 282 Appendix 12: Feed-in tariffs 282 Appendix 13: Advanced Metering Infrastructure (AMI) 286 Appendix 14: Better Roads Victoria Trust Account 287 Appendix 15: Compliance and attestations 288 Appendix 16: Grants and related assistance 291 Appendix 17: Ministerial Statements of Expectations 320 Appendix 18: Additional departmental information on request 320 Appendix 19: Acronyms in this report 321 Appendix 20: Disclosure index 322
DEDJTR Annual Report 2015-16 1 2 DEDJTR Annual Report 2015-16 01 OVERVIEW
DEDJTR Annual Report 2015-16 3 01 OVERVIEW
SECRETARY’S FOREWORD
I am pleased to report on the progress made • Organising the launch of Target One Million, in 2015-16 by the Department of Economic a $20 million investment in recreational Development, Jobs, Transport and Resources fishing in Victoria to get families outdoors (DEDJTR), towards our goal of improving the living and fishing together, contributing to local standards and wellbeing of Victorians. economies and jobs. Various initiatives will achieve this, including more fish stocking, The department has been operating for 18 months. new recreational fishing reefs and improved In the first six months, we began implementing many boat launching facilities. of the Victorian Government’s policy and election commitments. We established our new department • Research, development and extension services and developed possible initiatives for the government were delivered to improve productivity growth to consider later in the parliamentary term. in our $13.1 billion agricultural industries while safeguarding biosecurity. Developments 2015-16 saw an acceleration of delivery, planning in plant phenomics underpinned new grain for the future, responses to major contingencies, varieties, and our scientists successfully and a consolidation of our new organisational completed Australia’s first horticultural trial design. For example, we responded to drought, of medicinal cannabis. fire recovery, blue-green algae outbreaks, • The first round of funding from the $15 million the downturn in dairy prices and an unexpected Target minerals exploration program was rate of wheel wear on V/Line trains. We advised awarded, with a continued focus on developing on our expectations of economic and industry low-emission resources technologies, and reforms transformation, population growth, technological were made to the Earth Resources Regulator to disruption and workforce changes. better protect the community, provide certainty for industry and promote transparency. Our key achievements included: • The $20 million New Energy Jobs Fund opened • Designing and delivering the commitment and the first recipient has been announced. of $37 million for Victoria’s drought-affected Reduced emission and new jobs were set in train farmers, small businesses and communities. through an auction of energy certificates under • Supporting the launch of the $200 million the Renewable Energy Target. The Saving Energy, Future Industries Fund to stimulate investment Growing Jobs initiative was funded, including and job creation in high potential sectors, $10 million to retrofit public housing stock following extensive consultation and analysis. and the homes of Victorians with complex health conditions, to make them more energy efficient • Advising on the Victorian Regional Statement, and to help reduce energy bills. which was released in response to the Regional Economic Development and Services Review. • In transport, the $1.3 billion CityLink Tulla The centrepiece is the establishment of nine Widening Project – jointly funded by the Victorian new Regional Partnerships, with representatives Government, Commonwealth Government drawn from the three tiers of government, and CityLink operator Transurban – commenced business and the community, to identify regional works. It will reduce travel times, improve safety priorities and direct these into the government’s on the two freeways and create more than budget and policy deliberations. 1400 jobs during construction. • Supporting the establishment of LaunchVic to strengthen Victoria’s entrepreneurial and start-up environment, and laying the foundations for Visit Victoria – the new body to increase tourism, major events and conventions in Victoria.
4 DEDJTR Annual Report 2015-16 • Works began on the $5.5 billion Western DEDJTR Connects is our strategy for developing Distributor Project that will reduce congestion our people and the organisation as a whole. along the M1 corridor from Geelong to Pakenham Reflecting the suggestions and feedback from by providing an alternative to the West Gate staff across the department, it plans to develop Bridge. The project will deliver a second river our people, culture, processes and systems. It is crossing, provide extra lanes on the West Gate the internal complement to our externally-facing and Monash Freeways, and remove thousands strategic plan. The two strategies together create a of trucks from inner-west suburban streets. It will strong foundation for a productive and collaborative create more than 5600 jobs during construction. organisation which serves its communities well.
• There has been significant progress on a number The dedicated and skilled staff in our young of projects to ease congestion on our roads department and its portfolio agencies achieved and add capacity to our rail network. Four level a great deal for Victorians through their hard and crossings were removed and construction started purposeful work. Their achievements are outlined on another 15. In addition, the Melbourne Metro in this report. It is a pleasure to work with them Rail Project business case was released, an and I would like to thank them publicly for their Environment Effects Statement was prepared professionalism and dedication to improving the and the early works contract awarded. lives of all Victorians. • Victoria’s first creative industries strategy, Creative State, was launched. It delivers more Our 2840 staff – located at five CBD and 14 outer- than $115 million in new funding to create jobs and metropolitan sites, as well as 77 regional sites employment opportunities as well as economic, across Victoria and 18 international offices – have social and cultural benefits to Victorians. delivered through a period of major change and high workload; this has been difficult for some and All this was done while the delivery of core services challenging for most. continued: enabling people and freight to move across the state; facilitating investment, trade Accountable Officer’s declaration and development; supporting our agriculture, In accordance with the Financial Management energy and resources sectors; and developing Act 1994, I am pleased to present the Department our creative industries. of Economic Development, Jobs, Transport and Our advice to government and the implementation Resources Annual Report for the year ended of its programs is underpinned by a sound 30 June 2016. understanding of the state’s economy: its drivers, opportunities and risks. Our DEDJTR Delivers – Strategic Plan 2016 describes how we will deliver a stronger and more inclusive economy. The strategic plan strengthens our understanding and management of the differences in economic Richard Bolt health across the state and among the cohorts of Secretary its population. This annual report reflects how well we have performed against the plan and a new Outcomes Framework will improve our understanding of the impact of our work.
DEDJTR Annual Report 2015-16 5 01 OVERVIEW
ABOUT THE DEPARTMENT
The Department of Economic Our vision Development, Jobs, Transport and Resources seeks to improve the lives A productive, competitive and sustainable and prosperity of all Victorians. Victorian economy that contributes to a prosperous and inclusive society. The department was formed in January 2015 and brings together many of the functions that drive economic development and job creation Our mission across Victoria. These include transport and ports, investment attraction and facilitation, trade, To lift the living standards and wellbeing of all innovation, regional development and small Victorians by sustainably growing Victoria’s business, together with key services to sectors economy and employment and by working with such as agriculture, the creative industries, the private and public sectors to foster innovation, resources and tourism. creativity, productivity, investment and trade.
DEDJTR supports nine ministers and spans 13 ministerial portfolios. It operates from 96 sites Major departmental changes across the Melbourne CBD, greater metropolitan during 2015-16 Melbourne and regional Victoria, and 18 There were a number of ministerial changes during international offices. The department oversees the reporting period. the operations of a variety of public entities, including public corporations, infrastructure The Hon. Philip Dalidakis MP was appointed by the development entities, asset management agencies, Premier of Victoria, the Hon. Daniel Andrews MP as regulatory authorities and specialist boards. Minister for Small Business, Innovation and Trade on 31 July 2015, replacing Mr Adem Somyürek following The department collaborates and engages his resignation on 28 July 2015. with a variety of government and community stakeholders, to help shape our future On 23 May 2016, the Premier announced projects, policies and strategies for growing the following: Victoria’s economy. • The Hon. Wade Noonan MP was appointed Minister for Industry and Employment, and Minister for Resources • The Hon. Jacinta Allan MP added Major Projects to her portfolio • The Hon. Steve Herbert MLC added International Education to his existing responsibilities • The Hon. Lily D’Ambrosio MP became the Minister for Energy, Environment and Climate Change.
6 DEDJTR Annual Report 2015-16 Ministers DEDJTR supports nine ministers across 13 portfolios. Ministers at 30 June 2016 were:
The Hon. Jacinta Allan MP Minister for Public Transport Minister for Major Projects The Hon. Philip Dalidakis MLC Minister for Small Business, Innovation and Trade The Hon. Lily D’Ambrosio MP Minister for Energy, Environment and Climate Change The Hon. Luke Donnellan MP Minister for Roads and Road Safety Minister for Ports The Hon. John Eren MP Minister for Tourism and Major Events The Hon. Martin Foley MP Minister for Creative Industries The Hon. Steve Herbert MLC Minister for International Education The Hon. Natalie Hutchins MP Minister for Industrial Relations The Hon. Wade Noonan MP Minister for Industry and Employment Minister for Resources The Hon. Jaala Pulford MLC Minister for Agriculture Minister for Regional Development
DEDJTR also provides advice and support to:
Ms Danielle Green MP Parliamentary Secretary for Tourism, Major Events and Regional Victoria Mr Shaun Leane MLC Parliamentary Secretary for Transport Mr Hong Lim MP Parliamentary Secretary for Multicultural Affairs and Asia Engagement
Executive Board DEDJTR’s leadership team, the Executive Board, at 30 June 2016 were: Richard Bolt Secretary Andrew Abbott Deputy Secretary, Creative Victoria Sue Eddy Lead Deputy Secretary, Corporate Services Corey Hannett Coordinator-General, Major Transport Infrastructure Program Justin Hanney Lead Deputy Secretary, Economic Development, Employment and Innovation Anthea Harris Lead Deputy Secretary, Strategy and Planning Gillian Miles Lead Deputy Secretary, Transport Luke Wilson Lead Deputy Secretary, Agriculture and Resources
DEDJTR Annual Report 2015-16 7 01 OVERVIEW
Departmental groups Audit and Risk Committee Agriculture, Energy and Resources Group – works Standing directions 2.2 and 2.5 of the Minister with industry, primary producers, energy consumers for Finance under section 8 of the Financial and rural communities across Victoria to drive Management Act 1994 require the department sustainable economic growth in the food and fibre, to appoint an Audit and Risk Committee and to natural resources and energy sectors. maintain an internal audit function as part of its governance arrangements. Coordinator-General – oversees the delivery of major transport infrastructure projects including The purpose of the Audit and Risk Committee is the Melbourne Metro Tunnel and the Level Crossing to assist the Secretary in fulfilling his oversight Removal Project. responsibilities in respect of the department’s risk management practices, internal controls and Corporate Services – provides key corporate governance processes and the department’s services to the department, its ministers process for monitoring compliance with laws, and agencies. regulations, ministerial directions as issued by the Minister for Finance and the Victorian Public Service Creative Victoria – develops and promotes Code of Conduct. the creative and cultural industries to enable them to grow their contribution to the state’s Membership of the department’s Audit and Risk economic and social wellbeing. Committee during 2015-16 were: Economic Development, Employment Michael Perry Chair and independent member and Innovation Group – enables economic development, by facilitating investment, trade Peter Lewinsky independent member and regional development; enabling the growth of industry sectors; attracting visitors and major events; Peter Moloney independent member stimulating innovation; developing urban precincts and delivering major projects; providing employment Pam Mitchell independent member services; supporting small businesses; and advising Kylie White DEDJTR on industrial relations. Sue Jacquinot DEDJTR Strategy and Planning Group – leads and coordinates strategic planning, policy research, analysis, strategic communications, emergency management, interdepartmental collaboration Legislation administered and engagement with Commonwealth, state by the department and local governments. Legislation administered by the department between 1 July 2015 and 30 June 2016 is detailed Transport Group – plans and coordinates at economicdevelopment.vic.gov.au the state’s transport system, leads strategic policy and program development and transport system reform, integrates network planning, oversees transport regulation and safety, and coordinates the delivery of service reforms and capital projects.
8 DEDJTR Annual Report 2015-16 Entities* Economic development, employment and innovation Agriculture, energy and resources Companies companies and other entities include: • Agriculture Victoria Services • Australian Grand Prix Corporation • Biosciences Research Centre Joint Venture Board • Emerald Tourist Railway Board Regulatory authorities: • Federation Square • Dairy Food Safety Victoria • MCG Trust • Energy Safe Victoria • Melbourne and Olympic Parks Trust • Game Management Authority • Melbourne Convention and Exhibition Trust • Office of the Mining Warden • Tourism Victoria • PrimeSafe • Regional Development Victoria • Veterinary Practitioners Registration Board • Major Projects Victoria of Victoria • LaunchVic • VicForests Regulatory authorities:
Creative Victoria • Office of the Small Business Commissioner Companies and other entities include:
• Australian Centre for the Moving Image Transport and infrastructure • Gippsland Ports • Arts Centre Melbourne • Port of Hastings Development Authority • Docklands Studios Melbourne • Port of Melbourne Corporation • Film Victoria • Public Transport Victoria • Geelong Performing Arts Centre • V/Line • Melbourne Recital Centre • VicRoads • Museum Victoria • VicTrack • National Gallery of Victoria • Victorian Regional Channels Authority • State Library of Victoria Administrative Offices:
• Level Crossing Removal Authority • Melbourne Metro Rail Authority
Regulatory Authorities:
• Office of the Chief Investigator, Transport Safety • Public Transport Ombudsman • Taxi Services Commission • Transport Safety Victoria
* As at 30 June 2016
DEDJTR Annual Report 2015-16 9 01 OVERVIEW
ORGANISATIONAL CHART As at 30 June 2016
DEPARTMENT OF ECONOMIC DEVELOPMENT, JOBS, TRANSPORT AND RESOURCES RICHARD BOLT Secretary
ECONOMIC DEVELOPMENT, AGRICULTURE, CREATIVE EMPLOYMENT AND ENERGY AND VICTORIA INNOVATION RESOURCES
JUSTIN HANNEY ANDREW ABBOTT LUKE WILSON Lead Deputy Secretary Deputy Secretary Lead Deputy Secretary
INDUSTRIAL RELATIONS AGENCIES AND AGRICULTURE VICTORIA INFRASTRUCTURE AND RURAL
MATT O’CONNOR MICHAEL O’LEARY EMILY PHILLIPS Deputy Secretary Director Deputy Secretary
INVESTMENT AND ARTS SECTOR AGRICULTURE SERVICES ECONOMIC PROJECTS INVESTMENT AND BIOSECURITY OPERATIONS MATT CARRICK GREG ANDREWS Deputy Secretary Director BETH JONES Executive Director
MAJOR PROJECTS DESIGN AND SCREEN ENERGY AND EARTH VICTORIA INDUSTRY DEVELOPMENT RESOURCES
TIM BAMFORD GONUL SERBEST NATALIA SOUTHERN Executive Director Acting Director Deputy Secretary
REGIONAL DEVELOPMENT STRATEGY AND MARKET ACCESS VICTORIA INTERNATIONAL AND REGULATION ENGAGEMENT JAMES FLINTOFT VACANT Deputy Secretary DEBBIE KIPER Chief Executive Director
SECTOR DEVELOPMENT STRATEGIC MARKETING AND PROGRAMS AND COMMUNICATIONS
AMANDA CAPLES LINDA FLEET Deputy Secretary Director
TRADE VICTORIA
JAY MEEK Deputy Secretary
VISIT VICTORIA
TIM ADA Interim Chief Executive Officer
10 DEDJTR Annual Report 2015-16 OFFICE OF THE SECRETARY SHARN ENZINGER Director
COORDINATOR-GENERAL, STRATEGY CORPORATE TRANSPORT MAJOR TRANSPORT AND PLANNING SERVICES INFRASTRUCTURE PROGRAM
GILLIAN MILES COREY HANNETT ANTHEA HARRIS SUE EDDY Lead Deputy Secretary Coordinator-General Lead Deputy Secretary Lead Deputy Secretary
INTERGOVERNMENTAL OFFICE OF THE ECONOMIC DEVELOPMENT FINANCIAL RELATIONS COORDINATOR-GENERAL STRATEGIC PROJECTS MANAGEMENT
LACHLAN MCDONALD ANNE TAYLOR GRAEME MADDERN GREG FORCK Executive Director Strategic Safety Adviser Executive Director Chief Financial Officer
JOSHUA MILLER NETWORK PERFORMANCE Director, Commercial and EMERGENCY LEGAL AND AND INVESTMENT Legal Program MANAGEMENT LEGISLATION
DEAN TIGHE RUSSELL MCMURRAY LOUISE JOHNSON Executive Director MATT PHELAN Acting Executive Director Executive Director Director, Strategic General Counsel Stakeholder Management
ROLLING STOCK POLICY, PLANNING MINISTERIAL AND DEVELOPMENT MAX COFFMAN AND PERFORMANCE PORTFOLIO SERVICES Assistant Director, WENDY MCMILLAN Central Agencies PETER BETSON JAMES KELLY Chief Executive Officer Executive Director Executive Director
TRANSPORT NETWORK ADMINISTRATIVE OFFICES STRATEGIC OFFICE OF THE CHIEF DEVELOPMENT COMMUNICATIONS OPERATING OFFICER
ROBERT ABBOUD LEVEL CROSSING MICHAEL HOPKINS JAMES FLORENT Deputy Secretary REMOVAL AUTHORITY Executive Director Chief Operating Officer KEVIN DEVLIN Chief Executive Officer PEOPLE AND TRANSPORT POLICY WORKPLACE SERVICES AND PLANNING MELBOURNE METRO VICKI LAHEY RAIL AUTHORITY MEGAN BOURKE-O’NEIL Executive Director Deputy Secretary EVAN TATTERSALL Chief Executive Officer PROCUREMENT GOVERNANCE AND SUPPORT
LISA WILLIAMS Chief Procurement Officer
TECHNOLOGY SERVICES
ALEX JONES Chief Information Officer
DEDJTR Annual Report 2015-16 11 01 OVERVIEW
ACHIEVEMENTS 2015-16
Agriculture, Energy Coordinator-General and Resources Group • Removed four level crossings with 15 other • Led immediate response to an outbreak level crossing removals commenced at 30 June of blue-green algae along the Murray River area, • Released the Metro Tunnel business case an outbreak of Giant Pine Scale near Tyabb • Submitted and publicly exhibited the Metro Tunnel and a report of suspected foot-and-mouth Environment Effects Statement disease near Echuca • Awarded the Metro Tunnel early works contract • Delivered drought support programs for farmers (managing contractor), with the Tunnel and local communities in north-west Victoria and Stations Public Private Partnership and Rail • Commissioned the Next Generation Systems package procurements underway Sequencing Facility at AgriBio to support • Commenced procurement of the Mernda Rail the continuation of world-class research, Extension Project and the Hurstbridge Line Upgrade. development and extension work • Oversaw the discontinuation of net fishing practices in Port Phillip Bay Corporate Services Group • Launched the Target One Million fishing initiative • Launched DEDJTR Connects, the department’s to encourage recreational fishing organisational development strategy • Developed medicinal cannabis legislation • Launched Bullarto-Buluk, the department’s Aboriginal Inclusion Action Plan • Launched the Agriculture Infrastructure and Jobs Fund • Undertook departmental funding sustainability reviews, and achieved significant savings in fees • Coordinated response to sudden farm payable to external suppliers gate price reductions in the dairy industry • Provided strategic analysis and support • Contributed significantly to the Hazelwood Mine for the 2016-17 State Budget process Fire Inquiry and subsequent government response to the inquiry, with a focus on mine rehabilitation • Provided commercial support and analysis for major portfolio re-contracting activities, • Developed the state’s Renewable Energy Roadmap and legal advice relating to the legal risks • Released the state’s Energy Efficiency and and operational impact to the department Productivity Statement, and the Guide relating to the Port of Melbourne sale to Community-Owned Renewable Energy • Provided license conditions for the Hazelwood for Victorians Mine in response to the recommendations • Reviewed and expanded the Victorian Energy of the Hazelwood Mine Fire Inquiry Efficiency Target Scheme • Created the legal framework to support the • Completed regulatory and policy work creation of Transport for Victoria, Visit Victoria, on Victoria’s quarrying resources to support LaunchVic and the Small Business Commissioner the state’s construction sector • Created the energy policy, Earth Resources • Reformed Victoria’s earth resources regulator Regulation, and executed the sale of the Iona and improved the community and stakeholder gas storage facility engagement approach • Prepared 42 Bills for Parliament and made • Launched round one Target grants 30 Regulations for mineral exploration • Developed DEDJTR’s Risk Management • Developed the New Energy Technologies Sector Framework, Integrity Framework, Procurement Strategy to outline the Victorian Government’s Framework, Governance of Portfolio Performance energy sector transformation priorities Framework, Information and Communications Technology (ICT) Project Management Framework; • Launched the Renewable Certificate Purchasing and initiated implementation of the whole-of- Initiative to support the development of renewable government Asset Management Framework energy projects in Victoria.
12 DEDJTR Annual Report 2015-16 • Consolidated systems from predecessor Economic Development, departments including a ministerial correspondence system, payroll system Employment and (from five to one), contract management Innovation Group system (with interface to the finance system) • Facilitated 105 investment projects across and ICT systems (including HR systems and regional Victoria and metropolitan Melbourne new internet and intranet sites) creating $2.46 billion in capital expenditure • Completed the first phase of the CBD and more than 5500 jobs accommodation consolidation project • Opened the Melbourne Wholesale Fruit, Vegetable • Implemented new learning and development and Flower Market housing 4000 businesses programs, and established an online that buy and sell fresh produce for distribution induction program throughout Victoria and the nation • Delivered department-wide procurement • Supported the Victorian Inquiry into Insecure reform, including consultation and delivery Work and Labour Hire Arrangements of face-to-face training across the state, • Established the Central Bargaining Unit and introduced a department-wide forward in Industrial Relations Victoria to oversee procurement activity plan the enterprise bargaining framework for the • Developed the department’s ICT Strategy Victorian public sector, including more than and three-year work plan 150 agreements and affecting more than 278,000 Victorian public sector employees • Delivered ICT improvements, including reduced sign-ons, mobile device management, VIP • Released the Victorian Regional Statement service and Microsoft Home Use Program featuring the $34 million Regional Skills Fund for staff at no cost. and a pipeline of the 10 most significant regional tourism projects Creative Victoria • Created nine regional partnerships to facilitate the direction of localised priorities directly • Launched Creative State, Victoria’s first creative to government decision-makers industries strategy • Led economic recovery in support of businesses • Commenced the redevelopment of the and local economies including the 2015-16 Geelong Performing Arts Centre and the Barnawartha and Scotsburn bushfire, the 2015 State Library of Victoria Wye River-Separation Creek fire and Gippsland’s • Supported cultural agencies to present major blue-green algae outbreak exhibitions including the record-breaking • Contributed to the delivery of the $27 million Andy Warhol | Ai Weiwei exhibition at the Drought Response Package National Gallery of Victoria and the David Bowie is exhibition at the Australian • Launched eight Future Industries Sector Centre for the Moving Image Strategies covering food and fibre, medical technology and pharmaceuticals, new energy • Staged the first Melbourne International technology, defence, transport technologies, Games Week construction technologies, professional services • Achieved recognition and success internationally, and international education including through Malthouse Theatre’s • Launched the $20 million Sector Growth Program, presentation of King Lear at London’s Barbican the $20 million New Energy Jobs Fund and the Centre, The Australian Ballet’s tour of China and $5 million Future Industries Manufacturing Program the release of the film The Dressmaker • Launched Towards Future Industries: Victoria’s • Increased the capacity to attract international Automotive Transition Plan talent, exhibitions and screen productions to Victoria. • Established LaunchVic and released the first round of the program’s grants funding
DEDJTR Annual Report 2015-16 13 01 OVERVIEW
Economic Development, Strategy and Planning Group Employment and • Developed DEDJTR Delivers, the department’s Innovation Group (continued) updated strategic plan • Facilitated the establishment of the Grand Final • Developed an economic narrative and integrated Friday and Easter Sunday public holidays evidence base to support the government’s communication of Victoria’s economic • Established the Major Project Skills Guarantee performance, key trends and outlook, and to encourage an increased use of local economic priorities apprentices, trainees and engineering cadets on publicly-funded projects • Completed a review of Victorian Government employment programs and contributed to the • Secured 10-year agreements to stage both development of the Jobs Victoria initiative the Australian Motorcycle Grand Prix (MotoGP) announced in the 2016-17 Budget and the Australian round of the FIM Superbike World Championship at Phillip Island • Developed an Outcomes Framework to articulate the department’s 10-year outcomes and help • Delivered a program of 14 inbound and 20 measure progress outbound trade missions involving more than 1650 companies and generating more than • Published the department’s guide to making $90 million in immediate sales and estimated regulation and contributed to the department’s projected sales totalling $440 million regulatory model project • Established the Asia Capabilities • Launched the department’s new website and Scholarships Program to build the skills and staff intranet of Victorian public servants directly involved • Developed the department’s new corporate in trade promotion, investment attraction branding in alignment with the government’s and engagement with Asian markets new Brand Victoria • Commenced upgrade works on the Palais • Coordinated the department’s emergency Theatre and the Flinders Street Station management response and recovery, administration building including the Wye River – Separation • Nominated 1786 skilled migrants and 1790 investor Creek fires and blue green algae outbreak and business migrants who have a stated • Provided emergency management support intention to invest at least $2 billion into Victoria. for critical infrastructure (eight transport and seven energy) as designated under the Emergency Management Act 2013 • Launched the online Emergency Management Summary reporting system and the department’s Emergency Management Capacity Guidelines.
14 DEDJTR Annual Report 2015-16 Transport Group • Reviewed the Multi-Purpose Taxi Program which will inform further work to improve the • Facilitated the lease of the Port of Melbourne quality and availability of transport services • Coordinated DEDJTR’s input into the Victorian for Victorians with a disability Government’s 2015 submission to Infrastructure • Completed planning for a future freight corridor Australia’s National Infrastructure Plan and through Fishermans Bend priority list • Commenced works at Flinders Street Station • Supported ministers and senior officials as part of a $100 million government commitment in progressing national reforms through the Council of Australian Governments (COAG) • Developed the Frankston Station Precinct including the harmonisation of rolling stock Redevelopment Master Plan, allocated funding standards to support the domestic and commenced works manufacturing industry • Established Active Transport Victoria • Delivered 50 small-scale, high-value transport • Released Connecting Regional Victoria projects in regional Victoria in partnership with (Victoria’s Regional Network Development Plan) local government through the Transport Investing that will deliver more tracks, more trains, in Regions initiative better facilities and more services to the people • Achieved government endorsement of the of regional Victoria over the next 20 years department’s approach to transport planning • Completed stage one of the Murray Basin Rail through the Network Development Strategy Project, which included laying more than 175,000 • Led the Ticketing Compliance and Enforcement sleepers, the replacement of 3400 metres of rail Review which made recommendations leading and the refurbishment of almost 10 kilometres to a range of reforms including the removal of of track across the Murray Basin region in penalty fares and improvements to infringement north-western Victoria. management procedures • Established the Taxi and Hire Car Ministerial Forum, a key stakeholder group responsible for progressing the development of ride-share reforms • Established and implemented the Taxi Reform Hardship Fund which distributed hardship payments to 32 members of the industry facing difficulty in response to recent taxi industry changes
DEDJTR Annual Report 2015-16 15
02 FINANCIAL PERFORMANCE
DEDJTR Annual Report 2015-16 17 02 FINANCIAL PERFORMANCE
INTRODUCTION
The attached financial statements for the year ended 30 June 2016 include the Department of Economic Development, Jobs, Transport and Resources (DEDJTR) and the following statutory appointments and administrative offices:
• Chief Investigator, Transport Safety (statutory appointment) • Director, Transport Safety (Safety Director) (statutory appointment) • Level Crossing Removal Authority (administrative office) • Linking Melbourne Authority (statutory body) • Major Projects Victoria (statutory body) • Melbourne Metro Rail Authority (administrative office) • Office of the Small Business Commissioner (statutory appointment) • Regional Development Victoria (statutory body) • Regional Rail Link Authority (administrative office - abolished 31 May 2016) • Victoria Trade and Investment Office Pty Ltd (statutory body) • Victorian Mining Warden (statutory appointment).
The Department of Economic Development, Jobs, Transport and Resources is a government department of the State of Victoria.
A description of the nature of DEDJTR’s operations and its principal activities are included in the report of operations.
For queries in relation to these financial statements please call (03) 9208 3333 or visit ecodev.vic.gov.au
CONTENTS
Accountable officer’s and chief finance and accounting officer’s declaration...... 21
Comprehensive operating statement for the financial year ended 30 June 2016...... 22
Balance sheet as at 30 June 2016...... 23
Statement of changes in equity for the financial year ended 30 June 2016...... 24
Cash flow statement for the financial year ended 30 June 2016...... 25
Notes to the financial statements for the financial year ended 30 June 2016...... 26
18 DEDJTR Annual Report 2015-16
INDEPENDENT AUDITOR’S REPORT
To the Secretary, Department of Economic Development, Jobs, Transport & Resources The Financial Report I have audited the accompanying financial report for the year ended 30 June 2016 of the Department of Economic Development, Jobs, Transport & Resources which comprises the comprehensive operating statement, balance sheet, statement of changes in equity, cash flow statement, notes comprising a summary of significant accounting policies and other explanatory information, and the accountable officer’s and chief finance and accounting officer’s declaration. The Secretary’s Responsibility for the Financial Report The Secretary of the Department of Economic Development, Jobs, Transport & Resources is responsible for the preparation and fair presentation of the financial report in accordance with Australian Accounting Standards, and the financial reporting requirements of the Financial Management Act 1994, and for such internal control as the Secretary determines is necessary to enable the preparation and fair presentation of the financial report that is free from material misstatement, whether due to fraud or error. Auditor’s Responsibility As required by the Audit Act 1994, my responsibility is to express an opinion on the financial report based on the audit, which has been conducted in accordance with Australian Auditing Standards. Those standards require compliance with relevant ethical requirements relating to audit engagements and that the audit be planned and performed to obtain reasonable assurance about whether the financial report is free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial report. The audit procedures selected depend on judgement, including the assessment of the risks of material misstatement of the financial report, whether due to fraud or error. In making those risk assessments, consideration is given to the internal control relevant to the entity’s preparation and fair presentation of the financial report in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. An audit also includes evaluating the appropriateness of the accounting policies used and the reasonableness of accounting estimates made by the Secretary, as well as evaluating the overall presentation of the financial report.
I believe that the audit evidence I have obtained is sufficient and appropriate to provide a basis for my audit opinion.
Auditing in the Public Interest
DEDJTR Annual Report 2015-16 19 02 FINANCIAL PERFORMANCE
Independent Auditor’s Report (continued)
Independence The Auditor-General’s independence is established by the Constitution Act 1975. The Auditor-General is not subject to direction by any person about the way in which his powers and responsibilities are to be exercised. In conducting the audit, I and my staff and delegates have complied with the applicable independence requirements of the Australian Auditing Standards and relevant ethical pronouncements. Opinion In my opinion, the financial report presents fairly, in all material respects, the financial position of the Department of Economic Development, Jobs, Transport & Resources as at 30 June 2016 and its financial performance and its cash flows for the year then ended in accordance with applicable Australian Accounting Standards, and the financial reporting requirements of the Financial Management Act 1994.
MELBOURNE Dr. Peter Frost 2 September 2016 Acting Auditor-General
2 Auditing in the Public Interest
20 DEDJTR Annual Report 2015-16 Accountable Officer’s and Chief Finance and Accounting Officer’s declaration
The attached financial statements for the Department of Economic Development, Jobs, Transport, and Resources have been prepared in accordance with Standing Direction 4.2 of the Financial Management Act 1994, applicable Financial Reporting Directions, Australian Accounting Standards including interpretations and other mandatory professional reporting requirements.
We further state that, in our opinion, the information set out in the comprehensive operating statement, balance sheet, statement of changes in equity, cash flow statement and accompanying notes, presents fairly the financial transactions during the year ended 30 June 2016 and the financial position of the Department of Economic Development, Jobs, Transport, and Resources as at 30 June 2016.
At the time of signing, we are not aware of any circumstance which would render any particulars included in the financial statements to be misleading or inaccurate.
We authorise the attached financial statements for issue.
Richard Bolt Greg Forck Secretary Chief Finance and Accounting Officer Department of Economic Development, Department of Economic Development, Jobs, Transport and Resources Jobs, Transport and Resources 30 August 2016 30 August 2016 Melbourne Melbourne
DEDJTR Annual Report 2015-16 21 02 FINANCIAL PERFORMANCE
Comprehensive operating statement for the financial year ended 30 June 2016
($ thousand)
Note 2016 2015 (i)
Income from transactions
Output appropriations 4(A) 6,628,394 3,615,363
Regional Growth Fund appropriations 4(A) 125,000 121,377
Special appropriations 4(B) 778 908
Grants 5(C) 123,636 105,527
Sale of services 5(A) 17,243 20,962
Interest 5(B) 6,345 6,179
Fair value of assets and services received free of charge 3,585 1,798
Other income 5(D) 40,419 169,021
Total income from transactions 6,945,400 4,041,135
Expenses from transactions
Grants and other transfers 6(D) (5,963,298) (3,147,719)
Employee expenses 6(A) (350,208) (236,291)
Capital asset charge (71,587) (43,240)
Depreciation and amortisation 6(B) (46,071) (29,592)
Interest expense 6(C) (21,460) (12,043)
Fair value of assets and services provided free of charge (1,757) (1,597)
Other operating expenses 6(E) (428,723) (378,573)
Total expenses from transactions (6,883,104) (3,849,055)
Net result from transactions 62,296 192,080
Other economic flows included in net result
Net losses on non-financial assets 7(A) (9,480) (42,433)
Net losses on financial instruments 7(B) (551) (2)
Other gains/(losses) from other economic flows 7(C) 19,263 (244)
Total other economic flows included in net result 9,232 (42,679)
Net result 71,528 149,401
Other economic flows - other comprehensive income
Items that will not be classified to net result
Transfer of asset revaluation surplus to accumulated surplus 24(C) 4 2,997
Changes in physical asset revaluation reserve 24(C) 96,618 (17,451)
Composite reporting of Linking Melbourne Authority 24(B) (126,999) -
Total other economic flows - other comprehensive income (30,377) (14,454)
Comprehensive result 41,151 134,947
The above comprehensive operating statement should be read in conjunction with the notes to the financial statements. (i) Consistent with the Order abolishing and renaming departments under section 10 of the Public Administration Act 2004, (Victoria Government Gazette No. S 432), the 2015 amounts are for the former Department of State Development, Business and Innovation (for 12 months) which was renamed to the Department of Economic Development, Jobs, Transport and Resources on 1 January 2016 and for the former Transport, Agriculture and Creative Victoria Groups (for the six months from 1 January 2015).
22 DEDJTR Annual Report 2015-16
Balance sheet as at 30 June 2016
($ thousand)
Note 2016 2015 (i)
Assets
Financial assets
Cash and cash equivalents 23(A) 1,608,690 1,485,724
Receivables 8 1,363,478 1,311,570
Investments 9(A) 71 94
Total financial assets 2,972,239 2,797,388
Non-financial assets
Inventories 14 203 412
Non-financial physical assets classified as held for sale including disposal 13 41,732 17,046 group assets
Property, plant and equipment 10 1,525,895 1,372,196
Intangible assets 12 55,425 62,143
Biological assets 11 1,989 1,730
Other non-financial assets 4,308 4,709
Total non-financial assets 1,629,552 1,458,236
Total assets 4,601,791 4,255,624
Liabilities
Payables 15 1,223,854 1,090,205
Borrowings 16 391,706 283,354
Provisions 17(B) 153,190 172,155
Other liabilities 2,479 5,061
Liabilities directly associated with assets classified as held for sale including 13 201 33 disposal groups
Total liabilities 1,771,430 1,550,808
Net assets 2,830,361 2,704,816
Equity
Contributed capital 24(A) 2,382,511 2,298,113
Accumulated surplus 24(B) 346,034 401,501
Physical asset revaluation surplus 24(C) 101,816 5,202
Net worth 2,830,361 2,704,816
Commitments for expenditure 20
Contingent assets and contingent liabilities 21
The above balance sheet should be read in conjunction with the notes to the financial statements.
DEDJTR Annual Report 2015-16 23 02 FINANCIAL PERFORMANCE
Statement of changes in equity for the financial year ended 30 June 2016
($ thousand)
Physical asset Contributed Accumulated revaluation Note capital surplus surplus Total
Balance at 1 July 2014 780,721 249,103 25,650 1,055,474
Net result for the year - 149,401 - 149,401
Revaluation decrement 24(C) - - (17,451) (17,451)
Capital appropriations 24(A) 958,313 - - 958,313
Capital contributions to agencies 24(A) (850,886) - - (850,886) within the portfolio
Administrative restructure and other transfers 1,905,798 - - 1,905,798 - net assets received
Administrative restructure and other transfers (17,274) - - (17,274) - net assets transferred
Net assets transferred to other 24(A) (478,559) - - (478,559) government entities
Transfers to accumulated surplus - 2,997 (2,997) -
Balance at 30 June 2015 (i) 2,298,113 401,501 5,202 2,704,816
Net result for the year - 71,528 - 71,528
Transfer to contributed capital (ii) 3 162,089 (126,999) - 35,090
Revaluation increment 24(C) - - 96,618 96,618
Capital appropriations 24(A) 2,140,839 - - 2,140,839
Capital contributions to agencies 24(A) (1,457,855) - - (1,457,855) within the portfolio
Net assets transferred to other 24(A) (781,793) - - (781,793) government entities
Net assets transferred from other 24(A) 21,118 - - 21,118 government entities
Transfers to accumulated surplus - 4 (4) -
Balance at 30 June 2016 2,382,511 346,034 101,816 2,830,361
The above statement of changes in equity should be read in conjunction with the notes to the financial statements. (i) Consistent with the Order abolishing and renaming departments under section 10 of the Public Administration Act 2004, (Victoria Government Gazette No. S 432), the 2015 amounts are for the former Department of State Development, Business and Innovation (for 12 months) which was renamed to the Department of Economic Development, Jobs, Transport and Resources, and for the former Transport, Agriculture and Creative Victoria Groups (for the six months from 1 January 2015). (ii) Linking Melbourne Authority net assets for 30 June 2016 are consolidated within DEDJTR financial statements.
24 DEDJTR Annual Report 2015-16 Cash flow statement for the financial year ended 30 June 2016
($ thousand)
Note 2016 2015 (i)
Cash flows from operating activities
Receipts
Receipts from Victorian Government 6,631,759 3,526,118
Receipts from other entities 288,277 228,040
Goods and Services Tax recovered from the ATO (ii) 124,215 55,698
Sale of services 15,383 20,962
Interest received 6,345 6,179
Total receipts 7,065,979 3,836,997
Payments
Payments of grants and other transfers (6,166,689) (3,254,537)
Payments to suppliers and employees (527,545) (418,115)
Capital asset charge payments (71,587) (43,240)
Interest and other costs of finance paid (21,460) (12,043)
Total payments (6,787,281) (3,727,935)
Net cash flows from operating activities 23(B) 278,698 109,062
Cash flows from investing activities
Payments for property, plant and equipment (873,877) (129,521)
Payments for intangible assets (326) (4,201)
Sale of biological assets 680 800
(Purchases)/sales of non-financial assets (3,950) 1,668
Cash proceeds from consolidation of statutory authority 5,880 -
Net cash flows used in investing activities (871,593) (131,254)
Cash flows from financing activities
Owner contributions by Victorian Government 2,140,839 958,313
Payments of capital contribution funding to portfolio entities (1,457,855) (850,886)
Receipts/(payments) of loans and advances 32,877 20,487
Cash received from activity transferred in - MOG changes - 1,000,491
Cash transferred on activity transferred out - MOG changes - (17,249)
Net cash flows from/(used in) financing activities 715,861 1,111,156
Net increase in cash and cash equivalents 122,966 1,088,964
Cash and cash equivalents at the beginning of the financial year 1,485,724 396,760
Cash and cash equivalents at the end of the financial year 23(A) 1,608,690 1,485,724
The above cash flow statement should be read in conjunction with the accompanying notes. (i) Consistent with the Order abolishing and renaming departments under section 10 of the Public Administration Act 2004, (Victoria Government Gazette No. S 432), the 2015 amounts are for the former Department of State Development, Business and Innovation (for 12 months) which was renamed to the Department of Economic Development, Jobs, Transport and Resources, and for the former Transport, Agriculture and Creative Victoria Groups (for the six months from 1 January 2015). (ii) Goods and Services Tax (GST) recovered/(paid) to the ATO is presented on a net basis.
DEDJTR Annual Report 2015-16 25 02 FINANCIAL PERFORMANCE
Notes to the financial statements for the financial year ended 30 June 2016
Note 1 Summary of significant accounting policies
2 Departmental (controlled) outputs
3 Composite reporting of Linking Melbourne Authority
4 Summary of compliance with annual parliamentary and special appropriations
5 Income from transactions
6 Expenses from transactions
7 Other economic flows included in net result
8 Receivables
9 Investments
10 Property, plant and equipment
11 Biological assets
12 Intangible assets
13 Non-financial physical assets classified as held for sale including disposal group assets and directly associated liabilities
14 Inventories
15 Payables
16 Borrowings
17 Provisions
18 Superannuation
19 Leases
20 Commitments for expenditure
21 Contingent assets and liabilities
22 Financial instruments
23 Cash flow information
24 Equity
25 Administered (non-controlled) items
26 Ex gratia expenses
27 Annotated income agreements
28 Trust account balances
29 Responsible persons
30 Remuneration of executives and payments to other personnel
31 Remuneration of auditors
32 Subsequent events
33 Glossary of terms
26 DEDJTR Annual Report 2015-16 Note 1. Summary of significant The estimates and associated assumptions are reviewed on an ongoing basis. accounting policies These annual financial statements represent the Revisions to accounting estimates are recognised audited general purpose financial statements for in the period in which the estimate is revised the Department of Economic Development, Jobs, and also future periods that are affected by the Transport and Resources (DEDJTR) for the financial revision. Judgements and assumptions made by year ended 30 June 2016. management in the application of AAS that have significant effects on the financial statements and The purpose of the report is to provide users with estimates relate to: information about DEDJTR’s stewardship of resources entrusted to it. • the fair value of land, buildings, infrastructure, plant and equipment and biological assets (refer to Note 1(L)) (A) Statement of compliance • superannuation expense (refer to Note 1(G)) These general purpose financial statements have • assumptions for employee benefit provisions been prepared in accordance with the Financial based on likely tenure of existing staff, patterns of Management Act 1994 (FMA) and applicable leave claims, future salary movements and future Australian Accounting Standards (AAS), which discount rates (refer to Note 1(M)). include interpretations issued by the Australian Accounting Standards Board (AASB). In particular, These financial statements are presented in they are presented in a manner consistent with Australian dollars, and prepared in accordance the requirements of AASB 1049 Whole-of-Goverment with the historical cost convention except for and General Government Sector Financial Reporting. non-current physical assets which, subsequent to Where appropriate, those AAS paragraphs applicable acquisition, are measured at a revalued amount to not-for-profit entities have been applied. being their fair value at the date of the revaluation less any subsequent accumulated depreciation and Accounting policies are selected and applied in a subsequent impairment losses. Revaluations are manner which ensures that the resulting financial made with sufficient regularity to ensure that the information satisfies the concepts of relevance and carrying amounts do not materially differ from their reliability, thereby ensuring that the substance of the fair value. The fair value of non-current physical underlying transactions or other events is reported. assets, other than land, is generally based on its To gain a better understanding of the terminology depreciated replacement value. used in this report, please see the glossary of terms Consistent with AASB 13 Fair Value Measurement, at the end of this report. DEDJTR determines the policies and procedures The financial statements were authorised for issue for both recurring fair value measurements such by the Secretary of DEDJTR on 30 August 2016. as property, plant and equipment, biological assets and financial instruments in accordance with the requirements of AASB 13 and the relevant Financial (B) Basis of accounting preparation Reporting Directions. and measurement All assets and liabilities for which fair value is The accrual basis of accounting has been applied measured or disclosed in the financial statements in the preparation of these financial statements are categorised within the fair value hierarchy, whereby assets, liabilities, equity, income and described as follows, based on the lowest level expenses are recognised in the reporting period input that is significant to the fair value to which they relate, regardless of when cash is measurement as a whole: received or paid. • Level 1 — quoted (unadjusted) market prices in Judgements, estimates and assumptions are active markets for identical assets or liabilities required to be made about the carrying values of assets and liabilities that are not readily apparent • Level 2 — valuation techniques for which from other sources. The estimates and associated the lowest level input that is significant assumptions are based on professional judgements to the fair value measurement is directly derived from historical experience and various or indirectly observable other factors that are believed to be reasonable • Level 3 — valuation techniques for which the under the circumstances. Actual results may differ lowest level input that is significant to the fair from these estimates. value measurement is unobservable.
DEDJTR Annual Report 2015-16 27 02 FINANCIAL PERFORMANCE
Note 1. (continued) (C) Reporting entity For the purpose of fair value disclosures, DEDJTR The financial statements cover DEDJTR as an has determined classes of assets and liabilities individual reporting entity. on the basis of the nature, characteristics and risks DEDJTR is a government department of the State of the asset or liability and the level of the fair value of Victoria, established pursuant to an order hierarchy as explained above. made by the Premier under the Administrative In addition, DEDJTR determines whether transfers Arrangements Act 1983. have occurred between levels in the hierarchy DEDJTR’s principal address is: by re-assessing categorisation (based on the lowest level input that is significant to the fair Department of Economic Development, value measurement as a whole) at the end of each Jobs, Transport and Resources reporting period. 1 Spring Street Melbourne VIC 3000
The Valuer-General Victoria (VGV) is DEDJTR’s The financial statements include all controlled independent valuation agency. activities of DEDJTR for the financial year ending 30 June 2016. AASB 116 requires that revaluations be made with sufficient regularity to ensure that the carrying The following statutory appointments and amount of an asset does not differ materially from administrative offices are included in DEDJTR’s that which would be determined using fair value, reporting entity: at the reporting date. • Regional Rail Link Authority (RRLA) is an To ensure that regular revaluations of asset values administrative office established under section can be undertaken in an effective and practicable 11 of the Public Administration Act 2004. RRLA manner, they occur according to the five-year cycle, was established to deliver the Regional Rail Link whereby assets in a ‘Purpose Group’ are revalued Project (abolished 31 May 2016) within the relevant year over the life of the cycle, as • Melbourne Metro Rail Authority is an provided in Financial Reporting Direction 103F Non- administrative office established under section Financial Physical Assets. 11 of the Public Administration Act 2004, which Valuations must be made as at a specific date, will oversee the delivery of the Melbourne Metro even if reviews/preparation are undertaken over Tunnel public works program a longer time. • Level Crossing Removal Authority is an administrative office established under section 11 DEDJTR is allocated to three purpose groups. These of the Public Administration Act 2004, which will are Transport and Communications – independent oversee the removal of identified level crossings revaluation was performed during 2015; Public Safety across Victoria and Environment – performed in 2016 and Public Administration to be performed in 2017. • The Director, Transport Safety is a position established under section 171 of the Transport DEDJTR, in conjunction with VGV, monitors changes Integration Act 2010. The primary objective of the in the fair value of each asset and liability through Director, Transport Safety is to independently seek relevant data sources to determine whether the highest transport safety standards that are revaluation is required. reasonably practicable, consistent with the vision statement and the transport system objectives In accordance with Financial Reporting Direction 103F, Non-Financial Physical Assets, DEDJTR • The Chief Investigator, Transport Safety is a revalued its Public Safety and Environment purpose position established under section 179 of the group assets for the financial year ending 30 June Transport Integration Act 2010. The objective 2016. The revaluation is recorded in the accounts of of the Chief Investigator, Transport Safety is to DEDJTR for the financial year ended 30 June 2016. seek to improve transport safety by providing for the independent no-blame investigation of transport safety matters, consistent with the vision statement and the transport system objectives
28 DEDJTR Annual Report 2015-16 • Victoria Trade and Investment Office Pty Ltd, (D) Basis of consolidation a wholly owned subsidiary (statutory body) In accordance with AASB 10 Consolidated operating in China, was acquired on 1 July 2005 Financial Statements: to enable the department to engage in trade and investment promotion activities in the South-East • the consolidated financial statements of DEDJTR Asian region incorporate assets and liabilities of all reporting • Office of the Small Business Commissioner entities controlled by DEDJTR as at 30 June 2016, was established under the Small Business and their income and expenses for that part of Commissioner Act 2003, to provide the reporting period in which control existed, and businesses with independent guidance • the consolidated financial statements exclude about business disputes bodies within the portfolio that are not controlled • Major Projects Victoria (MPV) is part of the by DEDJTR and therefore are not consolidated department but derives its powers through into DEDJTR’s financial statements. Bodies and delegation to the Executive Director MPV and activities that are administered (refer explanation other senior officers from the Secretary to the under ‘administered items’ below) are also not Department of Economic Development, Jobs, controlled and not consolidated into DEDJTR’s Transport and Resources, body corporate under financial statements. the Project Development Construction and Where control of an entity is obtained during the Management Act 1994 (Vic) financial period, its results are included in the • Regional Development Victoria was established comprehensive operating statement from the date under the Regional Development Victoria Act on which control commenced. Where control ceases 2002, to develop rural and regional Victoria during a financial period, the entity’s results are included • Red Tape Commissioner’s role is to be a for that part of the period in which control existed. bridge between the business community and Where dissimilar accounting policies are adopted government and to recommend to government by entities and their effect is considered material, what red tape should be removed adjustments are made to ensure consistent policies • Victorian Mining Warden is an independent are adopted in these financial statements. statutory office holder appointed under section 96 of the Mineral Resources (Sustainable In the process of preparing consolidated financial Development) Act 1990 by the Governor in Council, statements for DEDJTR, all material transactions to investigate and attempt to settle disputes, and balances between consolidated entities investigate matters referred by the minister, and are eliminated. to consider applications to waiver an exploration Administered items licence holder’s consent Certain resources are administered by DEDJTR on • Linking Melbourne Authority was created under behalf of the state. While DEDJTR is accountable the Transport Integration Act 2010. The entity only for the transactions involving administered items, exists as a shell and has been consolidated into it does not have the discretion to deploy the the financial statements of DEDJTR. resources for its own benefit or the achievement of A description of the nature of DEDJTR’s operations objectives. Accordingly transactions and balances and its principal activities are included in the relating to administered items are not recognised as appendices to this report, which do not form part departmental income, expenses, assets or liabilities of the financial statements. within the body of the financial statements, but are disclosed in Note 25. Objectives, funding and outputs of the department Administered income includes fees and fines and Information about the department’s output the proceeds from the sale of administered surplus activities and the expenses, income, assets and land and buildings. Administered assets include liabilities which are reliably attributable to those government income earned but not yet collected. output activities, is set out in the output activities Administered liabilities include government expenses schedule (refer Note 2). Information about expenses, incurred but yet to be paid. income, assets and liabilities administered by the department are given in the schedule of Except as otherwise disclosed, administered resources administered expenses and income and the are accounted for on an accrual basis using the same schedule of administered assets and liabilities accounting policies adopted for the recognition of the (refer Note 25). departmental items in the financial statements. Both controlled and administered items of DEDJTR are consolidated into the financial statements of the state.
DEDJTR Annual Report 2015-16 29 02 FINANCIAL PERFORMANCE
Note 1. (continued) Cash flow statement Cash flows are classified according to whether Disclosures related to administered items can or not they arise from operating activities, investing be found in Note 25. activities, or financing activities. This classification Funds held in trust is consistent with requirements under AASB 107 DEDJTR does not have any balances relating to third Statement of Cash Flows. For cash flow statement parties external to the Victorian Government. presentation purposes, cash and cash equivalents include bank overdrafts, which are included as current borrowings on the balance sheet. (E) Scope and presentation of financial statements Statement of changes in equity The statement of changes in equity presents Comprehensive operating statement reconciliations of non-owner and owner changes The comprehensive operating statement in equity from opening balance at the beginning comprises three components, being ‘net result from of the reporting period to the closing balance transactions’ (or termed as ‘net operating balance’), at the end of the reporting period. It also shows ‘other economic flows included in net result’, as well separately changes due to amounts recognised in as ‘other economic flows – other comprehensive the ‘comprehensive result’ and amounts related to income’. The sum of the former two represents ‘transactions with owner in its capacity as owner’. the net result. Rounding The net result is equivalent to profit or loss derived Amounts in the financial statements have been in accordance with AASs. rounded to the nearest $1,000 unless otherwise ‘Other economic flows’ are changes arising from stated. Figures in the financial statements may not market remeasurements. They include: equate due to rounding.
• gains and losses from disposals of non-financial assets (F) Income from transactions • revaluations and impairments of non-financial Income is recognised to the extent that it is deemed physical and intangible assets probable that the economic benefits will flow to the entity and the income can be reliably measured at • fair value changes of financial instruments fair value. Where applicable, amounts disclosed as and agricultural assets and income are net of returns, allowances, duties and • depletion of natural assets (non produced) taxes. All amounts of income over which DEDJTR from their use or removal. does not have control are disclosed as administered income in the schedule of administered income and This classification is consistent with the expenses. Income recognised for each of DEDJTR’s whole-of-Victorian Government reporting format major activities is: and is allowed under AASB 101 Presentation of Financial Statements. Appropriation income Appropriated income becomes controlled and is Balance sheet recognised by DEDJTR when it is appropriated Assets and liabilities are presented in liquidity from the consolidated fund by the Victorian order with assets aggregated into financial assets Parliament and applied to the purposes defined and non-financial assets. Current and non-current under the relevant appropriations Act. Additionally, assets and liabilities (non-current generally being DEDJTR is permitted under section 29 of the FMA those assets or liabilities expected to be recovered to have certain income annotated to the annual or wholly settled more than 12 months after the appropriation. The income which forms part of a reporting date) are disclosed in the notes, section 29 agreement is recognised by DEDJTR where relevant. and the receipts paid into the consolidated fund as an administered item. At the point of income recognition, section 29 provides for an equivalent amount to be added to the annual appropriation. Examples of receipts which can form part of a section 29 agreement are Commonwealth specific purpose grants, municipal council special purpose grants, the proceeds from the sale of assets and income from the sale of products and services. The section 29 appropriation is shown in Note 4.
30 DEDJTR Annual Report 2015-16 Output appropriations Net realised and unrealised gains and losses on Income from the outputs that DEDJTR provides the revaluation of investments do not form part of to government is recognised when those outputs income from transactions, but are reported either as have been delivered and the relevant minister has part of income from other economic flows in the net certified delivery of those outputs in accordance result or as unrealised gains or losses taken directly with specified performance criteria. to equity, forming part of the total change in net worth in the comprehensive result. Regional Growth Fund (RGF) appropriations Grants RGF appropriations income becomes controlled and is recognised by DEDJTR when it is appropriated Income from grants (other than contribution by from the consolidated fund by the Victorian owners) is recognised when DEDJTR obtains control Parliament and applied to the purposes defined over the contribution. under the relevant appropriations Act. Established Where such grants are payable into the consolidated under the Regional Growth Fund Act 2011 (as fund, they are reported as administered income amended by the Regional Development Victoria (refer to Note 1(D) and 1(J)). For reciprocal grants (i.e. Amendment Jobs and Infrastructure Act 2015) to equal value is given back by DEDJTR to the provider), receive money that is appropriated by parliament DEDJTR is deemed to have assumed control when for the purposes of the fund, money from the DEDJTR has satisfied its performance obligations investments and money received from any other under the terms of the grant. For non-reciprocal source for the purposes of the fund to be used for grants, DEDJTR is deemed to have assumed control expenses incurred in administering, monitoring when the grant is receivable or received. Conditional and reporting on the fund, to provide for better grants may be reciprocal or non-reciprocal infrastructure, facilities and services, strengthen depending on the terms of the grant. the economic, social and environmental bases of communities, create jobs and improve career Sale of goods opportunities, support the development and Income from the sale of goods is recognised when: planning of local projects in rural and regional Victoria and to support the economic or community • the department no longer has any of the development of rural and regional Victoria. significant risks and rewards of ownership of the goods transferred to the buyer Special appropriations • the department no longer has continuing Under section 213A(4) of the Transport (Compliance managerial involvement to the degree usually and Miscellaneous) Act 1983, income related associated with ownership, nor effective control to administrative costs associated with ticket over the goods sold infringements, and under section 201VC of the Planning and Environment Act 1987 income related • the amount of income, and the costs incurred to the Growth Areas Public Transport Fund (GAPTF) or to be incurred in respect of the transactions, and the Building New Communities Fund (BNCF) are can be reliably measured and recognised when the amount that is appropriated • it is probable that the economic benefits for that purpose is due and payable by DEDJTR. associated with the transaction will flow to the department. Sale of services Income from the supply of services is recognised by Fair value of assets and services received free reference to the stage of completion of the services of charge or for nominal consideration being performed. The income is recognised when Contributions of resources received free of charge the amount of income, stage of completion and or for nominal consideration are recognised at transaction costs incurred can be reliably measured fair value when control is obtained over them, and it is probable that the economic benefits irrespective of whether these contributions are associated with the transaction will flow to DEDJTR. subject to restrictions or conditions over their use. Contributions in the form of services are Sales of goods and services includes regulatory only recognised when a fair value can be reliably fees which are recognised at the time the regulatory determined and the services would have been fee is billed. purchased if not received as a donation. Interest Other income Interest income includes interest received on bank Other income includes land development proceeds, term deposits and other investments. Interest trust income, fines and fees. income is recognised using the effective interest method of accounting which allocates the interest over the relevant period.
DEDJTR Annual Report 2015-16 31 02 FINANCIAL PERFORMANCE
Note 1. (continued) The estimated useful lives, residual values and depreciation methods are reviewed at the end (G) Expenses from transactions of each annual reporting period and adjustments made where appropriate. Expenses from transactions are recognised as they are incurred and reported in the financial The following are the estimated useful lives for the year to which they relate. different asset classes for current and prior years:
Grants and other transfers Useful life
Grants and other transfers to third parties (other Asset class 2016 2015 than distribution to owners) are recognised as an Buildings 25 to 100 years 25 to 100 years expense in the reporting period in which they are paid or payable. They include transactions such Buildings leasehold 7 to 150 years 7 to 150 years as grants, subsidies and other transfer payments Infrastructure 4 to 90 years 4 to 90 years made to state-owned agencies, local government and community groups. Refer to the glossary Cultural assets 5 to 100 years 5 to 100 years of terms at the end of this report for an explanation Leasehold 8 to 15 years 8 to 15 years of grants and other transfers. improvements
Employee expenses Plant and equipment 3 to 42 years 3 to 42 years Refer to the section in Note 1(M) regarding Leased plant and 1 to 3 years 1 to 3 years employee benefits. equipment
These expenses include all costs related to Intangible produced 1 to 5 years 1 to 5 years assets – software employment including wages and salaries, fringe development benefits tax, leave entitlements, redundancy payments and WorkCover premiums. Cultural assets, which are considered to have an indefinite life, are not depreciated. Depreciation is Superannuation not recognised in respect of these assets because The amount recognised in the comprehensive their service potential has not, in any material sense, operating statement is the employer contributions been consumed during the reporting period. for members of both defined benefit and defined contribution superannuation plans that are paid Amortisation or payable during the reporting period. Intangible produced and non-produced assets with finite useful lives are amortised as an expense from The Department of Treasury and Finance (DTF) in transactions on a systematic (typically straight line) its annual financial statements, discloses on behalf basis over the asset’s useful life. Amortisation begins of the state as the sponsoring employer, the net when the asset is available for use, that is, when defined benefit liability related to the members of it is in the location and condition necessary these plans as an administered liability. Refer to for it to be capable of operating in the manner DTF’s Annual Financial Statements for more detailed intended by management. disclosures in relation to these plans. On the other hand, the consumption of intangible Capital asset charge non-produced assets with finite useful lives is not The capital asset charge is calculated classified as a transaction, but as amortisation. on the budgeted carrying amount of applicable Consequently, the amortisation is included as an non-financial physical assets. other economic flow in the net result.
Depreciation and amortisation All intangible assets with indefinite useful lives are All infrastructure assets, buildings, plant and not depreciated or amortised, but are tested for equipment and other non-financial physical assets impairment by comparing its recoverable amount (excluding items under operating leases, assets with its carrying amount annually and whenever held for sale and those that have finite useful lives) there is an indication that the intangible asset are depreciated. may be impaired (refer to Note 1(H)).
Depreciation is generally calculated on a straight- Interest expense line basis, at rates that allocate the asset’s value, Interest expense represents costs incurred in less any estimated residual value, over its estimated connection with borrowings. It includes interest useful life. on components of finance lease repayments and amortisation of discounts or premiums in relation to borrowings.
32 DEDJTR Annual Report 2015-16 Interest expense is recognised as an expense in the If there is an indication of impairment, the assets period in which it is incurred. Refer to the glossary concerned are tested as to whether their carrying of terms at the end of this report for an explanation value exceeds their recoverable amount. Where of interest expense items. an asset’s carrying value exceeds its recoverable amount, the difference is written off as an other Fair value of assets and services provided free economic flow, except to the extent that the write of charge or for nominal consideration down can be debited to an asset revaluation surplus Contributions of resources provided free of charge or amount applicable to that class of asset. for nominal consideration are recognised at their fair value when the transferee obtains control over them, If there is indication that there has been a reversal irrespective of whether restrictions or conditions are in the estimate of an asset’s recoverable amount imposed over the use of the contributions, unless since the last impairment loss was recognised, received from another government department the carrying amount shall be increased to its or agency as a consequence of a restructuring of recoverable amount. This impairment loss is administrative arrangements. In the latter case, such reversed only to the extent that the asset’s carrying a transfer will be recognised at its carrying value. amount does not exceed the carrying amount that would have been determined, net of depreciation Contributions in the form of services are only or amortisation, if no impairment loss had been recognised when a fair value can be reliably recognised in prior years. determined and the services would have been sold if not donated. It is deemed that, in the event of the loss or destruction of an asset, the future economic benefits Other operating expenses arising from the use of the asset will be replaced Other operating expenses include supplies and unless a specific decision to the contrary has been services costs which are recognised as an expense made. The recoverable amount for most assets is in the reporting period in which they are incurred. measured at the higher of depreciated replacement The carrying amounts of any inventories held for cost and fair value less costs to sell. distribution are expensed when distributed. Net gain/(loss) on financial instruments Bad and doubtful debts Net gain/(loss) on financial instruments includes: Refer to Note 1(K) Impairment of financial assets. • realised and unrealised gains and losses from revaluations of financial instruments at fair value (H) Other economic flows included • impairment and reversal of impairment for in the net result financial instruments at amortised cost Other economic flows are changes in the volume (refer to Note 1(J)) or value of an asset or liability that does not result • disposals of financial assets and derecognition from transactions. of financial liabilities.
Net gain/(loss) on non-financial assets Revaluations of financial instruments at fair value Net gain/(loss) on non-financial assets and liabilities Refer to Note 1(J) Financial instruments. includes realised and unrealised gains and losses: Other gains/(losses) from other economic flows • Net gain/(loss) on disposal of non-financial assets Other gains/(losses) from other economic flows Any gain or loss on the disposal of non-financial include the gains or losses from: assets is recognised at the date of disposal and is determined after deducting the proceeds from • transfer of amounts from the reserves and/or the carrying value of the asset at that time. accumulated surplus to net result due to disposal • Impairment of non-financial assets Intangible or derecognition or reclassification; and assets with indefinite useful lives (and intangible • the revaluation of the present value of the long assets not yet available for use) are tested service leave liability due to changes in the bond annually for impairment (as described below) interest rates. and whenever there is an indication that the asset may be impaired. All other assets are assessed annually for indications of impairment, except for inventories, non-financial physical assets held for sale and certain biological assets related to agricultural activity.
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Note 1. (continued) Subsequent to initial measurement, loans and receivables are measured at amortised cost using (I) Administered income the weight average interest method. Taxes, fines and regulatory fees Loans and receivables category includes cash DEDJTR does not gain control over assets arising and deposits (refer to Note 1(K)), term deposits from taxes, fines, licence and regulatory fees and with maturity greater than three months, trade royalties, consequently no income is recognised receivables, loans and other receivables, but not in DEDJTR’s financial statements. statutory receivables.
DEDJTR collects these amounts on behalf of the Held-to-maturity financial assets If DEDJTR has state. Accordingly, the amounts are disclosed as the positive intent and ability to hold nominated income in Note 25. investments to maturity, then such financial assets may be classified as held-to-maturity. Held-to- Grants from the Commonwealth Government maturity financial assets are recognised initially at and other jurisdictions fair value plus any directly attributable transaction DEDJTR’s administered grants mainly comprise costs. Subsequent to initial recognition held-to- funds provided by the Commonwealth to assist the maturity financial assets are measured at amortised State Government in meeting general or specific cost using the weighted average interest method. delivery obligations, primarily for the purpose of DEDJTR makes limited use of this classification aiding in the financing of the operations of the because any sale or reclassification of more than an recipient, capital purposes and/or for on-passing insignificant amount of held-to-maturity investments to other recipients. DEDJTR also receives grants for not close to their maturity, would result in the whole on-passing from other jurisdictions. DEDJTR does not category being reclassified as available-for-sale. have control over these grants and is not recognised DEDJTR would also be prevented from classifying as income in DEDJTR’s financial statements. investment securities as held-to-maturity for the Administered grants are disclosed in Note 25. current and the following two financial years.
(J) Financial instruments The held-to-maturity category includes certain term deposits for which DEDJTR intends to hold Financial instruments arise out of contractual to maturity. agreements that give rise to a financial asset of one entity and a financial liability or equity instrument Financial assets and liabilities at fair value through of another entity. Due to the nature of DEDJTR’s profit and loss Financial assets are categorised as activities, certain financial assets and financial fair value through profit or loss at trade date if they liabilities arise under statute rather than a contract. are classified as held for trading or designated as Such financial assets and financial liabilities do not such upon initial recognition. Financial instrument meet the definition of financial instruments in AASB assets are designated at fair value through profit 132 Financial Instruments: Presentation. For example, or loss on the basis that the financial assets form statutory receivables arising from taxes, fines and part of a group of financial assets that are managed penalties do not meet the definition of financial by the entity concerned based on their fair instruments as they do not arise under contract. values, and have their performance evaluated in accordance with documented risk management Where relevant, for note disclosure purposes, a and investment strategies. distinction is made between those financial assets and financial liabilities that meet the definition of Financial instruments at fair value through profit financial instruments in accordance with AASB 132 or loss are initially measured at fair value and and those that do not. attributable transaction costs are expensed as incurred. Subsequently, any changes in fair value The following refers to financial instruments unless are recognised in the net result as other economic otherwise stated. flows. Any interest on a financial asset is recognised Categories of non-derivative financial instruments in the net result from transactions. Loans and receivables Loans and receivables Financial assets and liabilities at fair value through are financial instrument assets with fixed and profit or loss include the majority of DEDJTR’s equity determinable payments that are not quoted investments, debt securities, and borrowings. on an active market. These assets are initially recognised at fair value plus any directly attributable transaction costs.
34 DEDJTR Annual Report 2015-16 Financial liabilities at amortised cost Financial (K) Financial assets instrument liabilities are initially recognised on Cash and cash equivalents the date they are originated. They are initially recognised at fair value plus any directly attributable Cash and deposits recognised on the balance sheet transaction costs. Subsequent to initial recognition, comprise cash on hand and cash at bank, deposits these financial instruments are measured at at call and those highly liquid investments (with an amortised cost with any difference between the original maturity of three months or less), which are initial recognised amount and the redemption value held for the purpose of meeting short-term cash being recognised in profit and loss over the period commitments rather than for investment purposes, of the interest-bearing liability, using the weighted and are readily convertible to known amounts of average interest rate method. cash with an insignificant risk of changes in value.
Financial instrument liabilities measured at For cash flow statement presentation purposes, cash amortised cost include DEDJTR’s leased motor and cash equivalents include bank overdrafts, which vehicles, contractual payables, deposits held are included as borrowings on the balance sheet. and advances received, and interest-bearing Receivables arrangements other than those designated at fair value through profit or loss. Receivables consist of contractual receivables, such as debtors in relation to goods and services and Offsetting financial instruments loans to third parties and statutory receivables, Financial instrument assets and liabilities are offset such as amounts owing from the Victorian and the net amount presented in the consolidated Government and GST input tax credits recoverable. balance sheet when, and only when, the department Contractual receivables are classified as financial concerned has a legal right to offset the amounts instruments and categorised as loans and and intends either to settle on a net basis or to receivables (refer to Note 1 (J) for recognition and realise the asset and settle the liability simultaneously. measurement). Statutory receivables, are recognised Reclassification of financial instruments and measured similarly to contractual receivables, but are not classified as financial instruments Subsequent to initial recognition and under rare because they do not arise from a contract. circumstances, non derivative financial instruments assets that have not been designated at fair value Receivables are subject to impairment testing through profit or loss upon recognition, may be as described below. A provision for doubtful reclassified out of the fair value through profit or loss receivables is recognised when there is objective category, if they are no longer held for the purpose evidence that the debts may not be collected of selling or repurchasing in the near term. and bad debts are written off when identified.
Financial instrument assets that meet the definition For measurement principles of receivables, of loans and receivables may be reclassified out of refer to Note 1 (J). the fair value through profit and loss category into the loans and receivables category, where they would Other financial assets have met the definition of loans and receivables had Investments are classified in the following categories: they not been required to be classified as fair value through profit and loss. In these cases, the financial • financial assets at fair value through profit or loss instrument assets may be reclassified out of the fair • loans and receivables value through profit and loss category, if there is the • held-to-maturity intention and ability to hold them for the foreseeable future or until maturity. • available-for-sale financial assets.
Available-for-sale financial instrument assets that Any dividend or interest earned on the financial meet the definition of loans and receivables may be asset is recognised in the comprehensive operating reclassified into the loans and receivables category statement as a transaction. if there is the intention and ability to hold them for the foreseeable future or until maturity.
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Note 1. (continued) (L) Non-financial assets Derecognition of financial assets Inventories A financial asset (or, where applicable, a part of a Inventories include goods and other property held financial asset or part of a group of similar financial either for sale, or for distribution at zero or nominal assets) is derecognised when: cost, or for consumption in the ordinary course of business operations. • the rights to receive cash flows from the asset have expired; or Inventories held for distribution are measured at cost, adjusted for any loss of service potential. • DEDJTR retains the right to receive cash flows All other inventories, including land held for sale, from the asset, but has assumed an obligation are measured at the lower of cost and net realisable to pay them in full without material delay to a third value. Where inventories are acquired for no cost or party under a ‘pass through’ arrangement; or nominal consideration, they are measured at current • DEDJTR has transferred its rights to receive cash replacement cost at the date of acquisition. flows from the asset and either: Cost, includes an appropriate portion of fixed and (a) has transferred substantially all the risks and variable overhead expenses. Cost is assigned to rewards of the asset; or land held for sale (undeveloped, under development (b) has neither transferred nor retained and developed) and to other high value, low volume substantially all the risks and rewards of the inventory items on a specific identification of cost asset, but has transferred control of the asset. basis. Cost for all other inventory is measured on the basis of weighted average cost. Where DEDJTR has neither transferred nor retained substantially all the risks and rewards or transferred Bases used in assessing loss of service potential control, the asset is recognised to the extent of for inventories held for distribution include current DEDJTR’s continuing involvement in the asset. replacement cost and technical or functional obsolescence. Technical obsolescence occurs when Impairment of financial assets an item still functions for some or all of the tasks it At the end of each reporting period, DEDJTR was originally acquired to do, but no longer matches assesses whether there is objective evidence that existing technologies. Functional obsolescence a financial asset or group of financial assets is occurs when an item no longer functions the way impaired. All financial instrument assets, except it did when it was first acquired. those measured at fair value through profit or loss, Non-financial physical assets classified as held for are subject to annual review for impairment. sale, including disposal group assets Receivables are assessed for bad and doubtful debts Non-financial physical assets (including disposal on a regular basis. Those bad debts considered group assets) are treated as current and classified as written off by mutual consent are classified as as held for sale if their carrying amount will be a transaction expense. Bad debts not written off recovered through a sale transaction rather than by mutual consent and the allowance for doubtful through continuing use. receivables are classified as ‘other economic flows’ in the net result. This condition is regarded as met only when:
The amount of the allowance is the difference • the asset is available for immediate use in the between the financial asset’s carrying amount and current condition; the present value of estimated future cash flows, • the sale is highly probable and the asset’s sale is discounted at the effective interest rate. expected to be completed in 12 months from the date of classification. In assessing impairment of statutory (non- contractual) financial assets which are not financial These non-financial physical assets, related liabilities instruments, professional judgement is applied in and financial assets are measured at the lower of assessing materiality and using estimates, averages carrying amount and fair value less costs of disposal, and computational shortcuts in accordance with and are not subject to depreciation or amortisation. AASB 136 Impairment of Assets.
36 DEDJTR Annual Report 2015-16 Property, plant and equipment Investments in joint operations All non-financial physical assets are measured Joint ventures are joint arrangements whereby initially at cost and subsequently revalued at DEDJTR, via its control of the arrangement, has fair value less accumulated depreciation and rights to the net assets of the arrangements. impairment. Where an asset is acquired for no or nominal cost, the cost is its fair value at the date In respect of any joint operations, DEDJTR of acquisition. Assets transferred as part of a recognises in the financial statements: its assets, machinery-of-government change are transferred including its share of any assets held jointly; its at their carrying amount. More details about the liabilities, including its share of any liabilities that it valuation techniques and inputs used in determining had incurred; its revenue from the sale of its share of the fair value of non-financial physical assets are the output from the joint operation and its expenses, provided in Note 10 Property, plant and equipment. including its share of any expenses incurred jointly.
The initial cost for non-financial physical assets Leasehold improvements under a finance lease (refer to Note 1(N)) is measured The costs of leasehold improvements are capitalised at amounts equal to the fair value of the leased as assets and depreciated over the shorter of the asset or, if lower, the present value of the minimum remaining term of the leases or the estimated useful lease payments, each determined at the inception life of the improvements. of the lease. Restrictive nature of cultural and heritage assets, Non-financial physical assets such as national parks, Crown land and infrastructure assets other Crown land and cultural assets are measured DEDJTR holds cultural assets, heritage assets, and at fair value with regard to the property’s highest other non-financial physical assets (including Crown and best use after due consideration is made for land and infrastructure assets) that DEDJTR intends any legal or physical restrictions imposed on the to preserve because of their unique historical, asset, public announcements or commitments cultural or environmental attributes. made in relation to the intended use of the asset. Theoretical opportunities that may be available In general, the fair value of those assets is measured in relation to the asset are not taken into account at the depreciated replacement cost. However, the until it is virtually certain that the restrictions will cost of some heritage and iconic assets may be no longer apply. Therefore, unless otherwise the reproduction cost rather than the replacement disclosed, the current use of these non-financial cost if those assets’ service potential could only physical assets will be their highest and best use. be replaced by reproducing them with the same materials. In addition, as there are limitations and Property, plant and equipment are measured at restrictions imposed on those assets use and/or fair value, determined by reference to the asset’s disposal, they may impact the fair value of those depreciated replacement cost. assets, and should be taken into account when the fair value is determined. The fair value of infrastructure systems and plant, equipment and vehicles, is normally determined by Revaluations of non-financial physical assets reference to the asset’s depreciated replacement cost. Non-financial physical assets are measured at fair Certain assets are acquired under finance leases, value on a cyclical basis, in accordance with the which may form part of a service concession relevant FRDs. A full revaluation normally occurs arrangement (i.e. public private partnership). every five years, based upon the asset’s government Refer to Notes 1(N) Leases and 1(P) Commitments purpose classification but may occur more for more information. frequently if fair value assessments indicate material changes in values. Independent valuers are generally The cost of constructed non-financial physical used to conduct these scheduled revaluations. assets includes the cost of all materials used Certain infrastructure assets are revalued using in construction, direct labour on the project, specialised advisors. Any interim revaluations are and an appropriate proportion of variable determined in accordance with the requirements and fixed overheads. of the FRDs.
More details about the valuation techniques Revaluation increases or decreases arise from and inputs used in determining the fair value differences between an asset’s carrying amount of non-financial physical assets are discussed and fair value. in Note 10 Property, plant and equipment.
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Note 1. (continued) Intangible assets Intangible assets are initially recognised at cost. An independent valuation of the Agriculture and Subsequently, intangible assets with finite useful lives Fisheries land and buildings was performed by the are carried at cost less accumulated amortisation Valuer-General Victoria to determine the fair value and accumulated impairment losses. Costs incurred of land and buildings. The fair value is determined subsequent to initial acquisition are capitalised by direct reference to recent market transactions when it is expected that additional future economic on arm’s length terms for land at comparable benefits will flow to DEDJTR. size and location to that held by the department, with the fair value of buildings generally based When the recognition criteria in AASB 138 Intangible on depreciable replacement cost. Assets are met, internally generated intangible assets are recognised and measured at cost less The effective date of the revaluation was accumulated amortisation and impairment. 30 June 2016. Land was revalued on an active and liquid market basis taking into account Refer to Note 1(G) Amortisation and Note 1(H) zoning restrictions, highest and best use and Impairment of non-financial assets. Community Service Obligation. Expenditure on research activities is recognised Buildings and other improvements were revalued as an expense in the period in which it is incurred. on depreciated replacement cost. Depreciated replacement cost is the current replacement cost An internally generated intangible asset arising from of an asset less where applicable, accumulated development (or from the development phase of an depreciation calculated on the basis such costs internal project) is recognised if, and only if, all of the to reflect age and the already consumed following are demonstrated: or expired future use. (a) the technical feasibility of completing the Net revaluation increases (where the carrying intangible asset so that it will be available amount of a class of assets is increased as a result for use or sale of a revaluation) are recognised in ‘Other economic (b) an intention to complete the intangible asset flows – other movements in equity’, and accumulated and use or sell it in equity under the asset revaluation surplus. However, the net revaluation increase is recognised (c) the ability to use or sell the intangible asset in the net result to the extent that it reverses a net (d) the intangible asset will most likely generate revaluation decrease in respect of the same class future economic benefits of property, plant and equipment previously (e) the availability of adequate technical, recognised as an expense (other economic flows) financial and other resources to complete the in the net result. development and to use or sell the intangible Net revaluation decrease is recognised in ‘Other asset economic flows – other movements in equity’ to (f) the ability to measure reliably the expenditure the extent that a credit balance exists in the asset attributable to the intangible asset during revaluation surplus in respect of the same class of its development. property, plant and equipment. Otherwise, the net revaluation decreases are recognised immediately Prepayments as other economic flows in the net result. The net Other non-financial assets include prepayments revaluation decrease recognised in ‘Other economic which represent payments in advance of receipt flows – other movements in equity’ reduces the of goods or services or that part of expenditure amount accumulated in equity under the asset made in one accounting period covering a term revaluation surplus. extending beyond that period.
Revaluation increases and decreases relating to individual assets in a class of property, plant and equipment, are offset against one another in that class but are not offset in respect of assets in different classes. Any asset revaluation surplus is not normally transferred to accumulated funds on derecognition of the relevant asset.
38 DEDJTR Annual Report 2015-16 (M) Liabilities In the determination of fair value, consideration is given to factors including the overall capital Payables management/prudential supervision framework Payables consist of: in operation, the protection provided by the State Government by way of funding should the • contractual payables such as accounts payable probability of default increase, probability of default and unearned income including deferred by the guaranteed party and the likely loss to the income from concession notes. Accounts department in the event of default. payable represents liabilities for goods and services provided to DEDJTR prior to the end The value of loans and other amounts guaranteed of the financial year that are unpaid and arise by the Treasurer is disclosed in Note 21 Contingent when DEDJTR becomes obliged to make future assets and liabilities. payments in respect of the purchase of those goods and services Derecognition of financial liabilities • statutory payables, such as goods and services A financial liability is derecognised when the tax (GST) and fringe benefits tax (FBT) payables. obligation under the liability is discharged, cancelled or expires. Contractual payables are classified as financial instruments and categorised as financial liabilities When an existing financial liability is replaced by at amortised cost (refer to Note 1(J)). Statutory another from the same lender on substantially payables are recognised and measured similarly different terms, or the terms of an existing liability to contractual payables, but are not classified are substantially modified, such an exchange as financial instruments and not included in the or modification is treated as a derecognition of category of financial liabilities at amortised cost, the original liability and the recognition of a new because they do not arise from a contract. liability. The difference in the respective carrying amounts is recognised as an other economic flow Borrowings in the estimated consolidated comprehensive All interest bearing liabilities are initially recognised operating statement. at the fair value of the consideration received, less directly attributable transaction costs (refer Provisions also to Note 1(N) Leases). The measurement basis Provisions are recognised when DEDJTR has a subsequent to initial recognition depends on present obligation, the future sacrifice of economic whether DEDJTR has categorised its interest bearing benefits is probable and the amount of the provision liabilities as either financial liabilities designated can be measured reliably. at fair value through profit or loss, or financial The amount recognised as a provision is the best liabilities at amortised cost. Any difference between estimate of the consideration required to wholly the initial recognised amount and the redemption settle the present obligation at the end of the value is recognised in the net result over the period reporting date, taking into account the risks and of the borrowing using the effective interest method. uncertainties surrounding the obligation. Where a The above classification depends on the nature and provision is measured using the cashflows estimated purpose of the interest bearing liabilities. DEDJTR to wholly settle the present obligation, its carrying determines the classification of its interest bearing amount is the present value of those cashflows, liabilities at initial recognition. using a discount rate that reflects the time value of money and risks specific to the provision. Financial guarantees When some or all of the economic benefits Payments for financial guarantee contracts are required to wholly settle a provision are expected recognised as a liability at the time the guarantee to be received from a third party, the receivable is issued. The liability is initially measured at fair is recognised as an asset if it is virtually certain that value, and if there is a material increase in the recovery will be received and the amount of the likelihood that the guarantee may have to be receivable can be measured reliably. exercised, then it is measured at the higher of the amount determined in accordance with AASB 137 Employee benefits Provisions, Contingent Liabilities and Contingent Provision is made for benefits accruing to employees Assets and the amount initially recognised less in respect of wages and salaries, annual leave and cumulative amortisation, where appropriate. long service leave (LSL) for services rendered to the reporting date.
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Note 1. (continued) Employee benefits on-costs Employee benefits on-costs such as payroll tax and Salaries and wages, annual leave Liabilities for workers compensation are recognised separately salaries and wages, including non-monetary from the provision for employee benefits. benefits, such as annual leave, are all recognised in the provision for employee benefits as current liabilities, as DEDJTR does not have an unconditional (N) Leases right to defer settlements of these liabilities. A lease is a right to use an asset for an agreed period Depending on the expectation of the timing of time in exchange for payment. of settlement, liabilities for wages and salaries Leases are classified at their inception as either and annual leave are measured at nominal value operating or finance leases based on the economic if DEDJTR expects to wholly settle within 12 months substance of the agreement so as to reflect the or present value if DEDJTR does not expect to wholly risks and rewards incidental to ownership. Leases settle within 12 months. of infrastructure, property, plant and equipment are Long service leave Liability for long service classified as finance infrastructure leases whenever leave (LSL) is recognised in the provision for the terms of the lease transfer substantially all the employee benefits. risks and rewards of ownership from the lessor to the lessee. For service concession arrangements Unconditional LSL is disclosed in the notes to the (see below), the commencement of the lease term financial statements as a current liability even where is deemed to be the date the asset is commissioned. DEDJTR does not expect to wholly settle the liability All other leases are classified as operating leases. within 12 months because it will not have an unconditional right to defer the settlement of the entitlement should Finance leases - DEDJTR as lessee an employee take leave within 12 months. At the commencement of the lease term, finance leases are initially recognised as assets and liabilities The components of the current LSL liability are at amounts equal to the fair value of the lease measured at nominal value if DEDJTR expects property or, if lower, the present value of the minimum to wholly settle within 12 months or present value lease payment, each determined at the inception if DEDJTR does not expect to wholly settle of the lease. The lease asset is accounted for as within 12 months. a non-financial physical asset. If there is certainty that DEDJTR will obtain ownership of the lease Conditional LSL is disclosed as a non-current asset by the end of the lease term, the asset shall be liability. There is an unconditional right to defer depreciated over the useful life of the asset. If there the settlement of the entitlement until the employee is no reasonable certainty that DEDJTR, as lessee, has completed the requisite years of service. will obtain ownership by the end of the lease term, This non-current LSL liability is measured at present the asset shall be fully depreciated over the shorter value. Any gain or loss following revaluation of the of the lease term and its useful life. present value of non-current LSL liability is recognised Minimum finance lease payments are apportioned in the ‘net result from transactions’, except to the extent between reduction of the outstanding lease liability that a gain or loss arises due to changes in bond and periodic finance expense which is calculated interest rates for which it is then recognised in the net using the interest rate implicit in the lease and result as an other economic flow (refer to Note 1(H)). charged directly to the comprehensive operating Termination benefits Termination benefits statement. Contingent rentals associated with are payable when employment is terminated finance leases are recognised as an expense in before the normal retirement date, or when an the period in which they are incurred. employee decides to accept an offer of benefits Operating leases – DEDJTR as lessee in exchange for the termination of employment. DEDJTR recognises termination benefits when it is Operating lease payments, including any contingent demonstrably committed to either terminating the rentals, are recognised as an expense in the employment of current employees according to a comprehensive operating statement on a straight detailed formal plan without possibility of withdrawal line basis over the lease term, except where another or providing termination benefits as a result of an systematic basis is more representative of the time offer made to encourage voluntary redundancy. pattern of the benefits derived from the use of the Benefits falling due more than 12 months after leased asset. The leased asset is not recognised the end of the reporting period are discounted in the balance sheet. to present value.
40 DEDJTR Annual Report 2015-16 All incentives for the agreement of a new or renewed There is currently no authoritative accounting operating lease are recognised as an integral part guidance applicable to grantors (DEDJTR) of the net consideration agreed for the use of the on the recognition and measurement of the right leased asset, irrespective of the incentive’s nature of DEDJTR to receive assets from such concession or form or the timing of payments. arrangements. Due to the lack of such guidance, there has been no change to existing policy and In the event that lease incentives are received those assets are not currently recognised. to enter into operating leases, the aggregate cost of incentives are recognised as a reduction of rental expense over the lease term on a straight (O) Equity line basis, unless another systematic basis is more Contributed capital representative of the time pattern in which economic Consistent with the requirements of AASB 1004 benefits from the leased asset are consumed. Contributions, contributions by owners Service concession arrangements (i.e. contributed capital and its repayment) are treated as equity transactions and, therefore, DEDJTR sometimes enters into certain do not form part of the income and expenses arrangements with private sector participants of DEDJTR. to design and construct or upgrade assets used to provide public services. These arrangements Additions to net assets which have been designated are usually include the provision of operational as contributions by owners are recognised as and maintenance services for a specified period contributed capital. Other transfers that are in of time. These arrangements are often referred the nature of contributions or distributions have to as either public private partnerships (PPPs) also been designated as contributions by owners. or service concession arrangements (SCAs). Transfers of net assets arising from administrative These SCAs usually take one of two main forms. restructurings are treated as distributions to, or In the more common form, the DEDJTR pays the contributions by owners. operator over the period of the arrangement, subject to specified performance criteria being met. At the Transfers of net liabilities arising from administrative date of commitment to the principal provisions restructurings are treated as distributions by owners. of the arrangement, these estimated periodic payments are allocated between a component (P) Commitments related to the design and construction or upgrading of the asset and components related to the ongoing Commitments for future expenditure include operation and maintenance of the asset. The former operating and capital commitments arising from component is accounted for as a lease payment contracts. These commitments are disclosed by in accordance with the lease policy. The remaining way of a note (refer to Note 20 Commitments for components are accounted for as commitments expenditure) at their nominal value and inclusive (see Note 1(P)) for operating costs which are of the GST payable. expensed in the comprehensive operating statement In addition, where it is considered appropriate and as they are incurred. provides additional relevant information to users, The other, less common form of SCA, is one in which the net present values of significant individual DEDJTR grants to an operator, for a specified period projects are stated. These future expenditures cease of time, the right to collect fees from users of the SCA to be disclosed as commitments once the related asset, in return for which the operator constructs liabilities are recognised in the balance sheet. the asset and has the obligation to supply agreed upon services, including maintenance of the asset for the period of the concession. These private sector entities typically lease land, and sometimes state works, from DEDJTR and construct infrastructure. At the end of the concession period, the land and state works, together with the constructed facilities, will be returned to DEDJTR (the grantor).
DEDJTR Annual Report 2015-16 41 02 FINANCIAL PERFORMANCE
Note 1. (continued) (T) Events after the reporting period Assets, liabilities, income or expenses arise from (Q) Contingent assets and contingent past transactions or other past events. Where the liabilities transactions result from an agreement between DEDJTR and other parties, the transactions are only Contingent assets and contingent liabilities are not recognised when the agreement is irrevocable at or recognised in the balance sheet, but are disclosed before the end of the reporting period. Adjustments by way of a note (refer to Note 21) and, if quantifiable, are made to amounts recognised in the financial are measured at nominal value. Contingent assets statements for events which occur after the and liabilities are presented inclusive of GST reporting period and before the date the financial receivable or payable respectively. statements are authorised for issue, where those events provide information about conditions which (R) Accounting for the goods and existed in the reporting period. Note disclosure is services tax (GST) made about events between the end of the reporting period and the date the financial statements are Income, expenses and assets are recognised net authorised for issue where the events relate to of the amount of associated GST, except where conditions which arose after the end of the reporting GST incurred is not recoverable from the taxation period that are considered to be of material interest. authority. In this case, the GST payable is recognised as part of the cost of acquisition of the asset or as part of the expense. (U) Australian Accounting Standards
Receivables and payables are stated inclusive of issued that are not yet effective the amount of GST receivable or payable. The net Certain new AAS’s have been published that are amount of GST recoverable from or payable to the not mandatory for the reporting period. DTF Australian Taxation Office (ATO) is included with assesses the impact of these new standards and other receivables or payables in the balance sheet. advises DEDJTR of their applicability and early adoption where applicable. Cash flows are presented on a gross basis. The GST components of cash flows arising from investing The state early adopted AASB 2015 7 Fair Value or financing activities which are recoverable from Disclosures of Not-for-Profit Public Sector Entities, or payable to the ATO are presented as operating which was operative from 1 July 2016 provided an cash flow on a net basis. exemption for not-for-profit public sector entities from disclosing the quantitative information of Commitments, contingent assets and liabilities ‘significant unobservable inputs’ and the ‘sensitivity are also stated inclusive of GST (refer to Note 1(P) analysis’ if the assets are held primarily for their and Note 1(Q)). current service potential rather than to generate net cash inflows.
(S) Foreign currency For the financial year ended 30 June 2016, DEDJTR All foreign currency transactions are brought to has assessed the new standards and has decided account using the exchange rate in effect at the date not to early adopt these standards, as they will have of the transaction. Foreign monetary items existing no impact on DEDJTR. at the date of the end of the reporting period are translated at the closing rate at the date of the end of the reporting period. Non-monetary assets carried at fair value that are denominated in foreign currencies are translated to the functional currency at the rates prevailing at the date when the fair value was determined.
Foreign currency translation differences are recognised in other economic flows.
42 DEDJTR Annual Report 2015-16 Applicable for annual reporting Standard/ periods Impact on public sector Interpretation Summary beginning on entity financial statements
AASB 9 Financial The key changes include the simplified 1 Jan 2018 The assessment has identified that Instruments requirements for the classification the financial impact of available for and measurement of financial assets, sale (AFS) assets will now be reported a new hedging accounting model and through other comprehensive income a revised impairment loss model to (OCI) and no longer recycled to the recognise impairment losses earlier, profit and loss. as opposed to the current approach While the preliminary assessment has that recognises impairment only not identified any material impact when incurred. arising from AASB 9, it will continue to be monitored and assessed.
AASB 2010-7 The requirements for classifying 1 Jan 2018 The assessment has identified that Amendments and measuring financial liabilities the amendments are likely to result to Australian were added to AASB 9. The existing in earlier recognition of impairment Accounting requirements for the classification of losses and at more regular intervals. Standards arising financial liabilities and the ability to Changes in own credit risk in respect from AASB 9 use the fair value option have been of liabilities designated at fair value (December 2010) retained. However, where the fair value through profit and loss will now be option is used for financial liabilities the presented within other comprehensive change in fair value is accounted as: income (OCI). • the change in fair value attributable Hedge accounting will be more to changes in credit risk is closely aligned with common risk presented in other comprehensive management practices making it income (OCI) easier to have an effective hedge. • other fair value changes are presented in profit and loss. If this For entities with significant lending approach creates or enlarges an activities, an overhaul of related accounting mismatch in the profit systems and processes may or loss, the effect of the changes be needed. in credit risk are also presented in profit or loss.
AASB 15 Revenue The core principle of AASB 15 requires 1 Jan 2018 The changes in revenue recognition from Contracts with an entity to recognise revenue when requirements in AASB 15 may result Customers the entity satisfies a performance in changes to the timing and obligation by transferring a promised amount of revenue recorded in the good or service to a customer. financial statements. The Standard will also require additional disclosures on service revenue and contract modifications.
A potential impact will be the upfront recognition of revenue from licenses that cover multiple reporting periods.
Revenue that was deferred and amortised over a period may now need to be recognised immediately as a transitional adjustment against the opening returned earnings if there are no former performance obligations outstanding.
DEDJTR Annual Report 2015-16 43 02 FINANCIAL PERFORMANCE
Note 1. (continued)
Applicable for annual reporting Standard/ periods Impact on public sector Interpretation Summary beginning on entity financial statements
AASB 16 Leases The key changes introduced by AASB 1 Jan 2019 The assessment has indicated that 16 include the recognition of most as most operating leases will come on operating leases (which are current balance sheet, recognition of lease not recognised) on balance sheet. assets and lease liabilities will cause net debt to increase.
Depreciation of lease assets and interest on lease liabilities will be recognised in the income statement with marginal impact on the operating surplus.
The amounts of cash paid for the principal portion of the lease liability will be presented within financing activities and the amounts paid for the interest portion will be presented within operating activities in the cash flow statement.
No change for lessors.
AASB 2015 6 The amendments extend the scope of 1 Jan 2019 The amending standard will result in Amendments AASB 124 Related Party Disclosures to extended disclosures on the entity's to Australian not-for-profit public sector entities. A key management personnel (KMP), Accounting guidance has been included to assist and the related party transactions. Standards – the application of the Standard by Extending Related not-for-profit public sector entities. Party Disclosures to Not-for-Profit Public Sector Entities
[AASB 10, AASB 124 & AASB 1049]
AASB 2016-4 The standard amends AASB 136 1 Jan 2017 The assessment has indicated that Amendments Impairment of Assets to remove there is minimal impact. Given the to Australian references to using depreciated specialised nature and restrictions Accounting replacement cost (DRC) as of public sector assets, the existing Standards – a measure of value in use for use is presumed to be the highest Recoverable not-for-profit entities. and best use (HBU), hence current Amount of Non- replacement cost under AASB 13 Fair Cash-Generating Value Measurement is the same as Specialised Assets the depreciated replacement cost of Not-for-Profit concept under AASB 136. Entities
44 DEDJTR Annual Report 2015-16 Note 2. Departmental Employment, industry and growth (controlled) outputs Objectives A description of departmental outputs performed This output group delivers initiatives and activities during the financial year ended 30 June 2016 to foster investment, growth and employment and the objectives of these outputs are opportunities to support workers, industries summarised below. and regions. These outputs contribute to the departmental objective to increase sustainable employment opportunities for Victorians and build Creative industries investment, trade and tourism prospects for the Objectives state through working with priority industry sectors, This output group contributes to the development delivering major projects, investing in regional of Victorian creative industries through the provision Victoria, providing innovation opportunities of industry assistance programs, infrastructure for businesses, and building resilience development and policy advice. Together these in the state’s workforce. outputs contribute to the departmental objective to increase the economic, social and cultural value Employment and investment and impact of the creative industries. Output description This output provides programs to link business Access, industry development and innovation and workforce needs with training, retraining Output description and support for skills required in the economy. This output supports the creative industries to It also provides investment attraction and facilitation deliver economic, social and cultural benefit through: services to attract new investment and encourage talent and leadership; the creative and business additional investment by companies already ecology; innovation and social impact; participation operating in Victoria. and place making; and international engagement. Industrial relations Creative industries portfolio agencies Output description Output description This output provides public and private sector This output promotes, presents and preserves industrial relations advice and strategic workforce our heritage and the creative industries through management counsel to ministers and departmental Victoria’s cultural agencies: Arts Centre Melbourne, and agency reviews. Australian Centre for the Moving Image (ACMI), Docklands Studios Melbourne, Film Victoria, Geelong Industry and enterprise innovation Performing Arts Centre, Melbourne Recital Centre, Output description Museum Victoria, National Gallery of Victoria This output provides access to information and and the State Library of Victoria. connections, and builds the capacity of businesses and industry to develop and effectively use new Cultural infrastructure and facilities practices and technologies to increase productivity Output description and competitiveness in Victoria. It also helps This output supports Victorian cultural venues and businesses overcome barriers to competitiveness. state-owned facilities through strategic assessment and provision of advice on portfolio infrastructure Major projects proposals and projects. The output includes Output description consolidation of portfolio asset management This output facilitates investment in the Victorian plans and management of funding programs economy through the development, delivery and for maintenance and minor capital works. management of economic assets. This output represents activities undertaken by Major Projects Victoria (MPV) within DEDJTR. Output costs include the cost of projects for which MPV has financial responsibility.
DEDJTR Annual Report 2015-16 45 02 FINANCIAL PERFORMANCE
Note 2. (continued) Energy and resources Output description Regional development This output influences and advocates for the Output description provision of efficient, reliable and safe energy This output guides the development and services through national forums and delivers implementation of regional plans and strategies state-based energy programs. It supports the to manage growth and change in regional and rural development of renewable energy, improving energy Victoria. It provides better services to encourage efficiency and productivity outcomes for households innovation in order to create jobs and improve and businesses and facilitating new investment career opportunities for regional Victorians. opportunities. The output also provides efficient and effective regulatory services to industry, Tourism, major events promotes a sustainable resources sector and and international education provides information to households and businesses Output description and undertakes community engagement. This output maximises employment and the \long-term economic benefits of tourism, Sustainably manage fish, game and forest international education and major events resources to Victoria by developing and marketing the Output description state as a competitive destination. The output This output creates the conditions to grow the incorporates the major sporting events function natural resources economy by ensuring forestry, fish introduced into the department as a result and game resources are sustainably allocated and of machinery-of-government changes. used for both recreational and commercial purposes.
Trade Transport network safety, operation Output description and development This output promotes business growth opportunities by connecting organisations to global business Objectives opportunities in priority markets and supporting This output group delivers a safe, cost-effective the establishment and deepening of strategic and efficient transport network. This output group commercial partnerships. supports the department’s objective to sustainably grow Victoria’s economy and employment. These outputs contribute to the departmental objective Resources and primary industries to create more productive and liveable cities Objectives and regions through improved transport services This output group creates the conditions for and better infrastructure. productive, competitive and sustainable food, fibre, energy and natural resources industries. These Bus services outputs contribute to the departmental objective to Output description create more productive, competitive and sustainable This output delivers reliable and cost-effective food, fibre, energy and resource industries. statewide bus services and infrastructure investments, including services delivered through Agriculture contractual arrangements with private operators. Output description This output creates conditions for increased jobs, Integrated transport productivity and access to markets for Victoria’s Output description food and fibre industries. The department works This output delivers strategic transport with research and industry partners, primary infrastructure activity to improve the transport producers and rural communities across Victoria system. The output contributes to the department’s to address major and emerging challenges objective to create more productive and liveable in productivity, biosecurity and competitiveness cities and regions through improved transport in food and fibre industries. services and better infrastructure.
46 DEDJTR Annual Report 2015-16 Port and freight network access Train services Output description Output description This output delivers capital initiatives and programs This output delivers reliable and cost-effective to increase the capacity, efficiency and safety of the train services and infrastructure investments ports, freight and logistics network. across the Victorian rail network, including services delivered through contractual Road asset management arrangements with private operators. Output description Tram services This output delivers programs and initiatives to maintain Victoria’s freeways and arterial road Output description network. Activities support the safety and reliability This output delivers reliable and cost-effective of the network. tram services and infrastructure investments, including public transport services delivered through Road operations and network improvements contractual arrangements with private operators. Output description Transport safety, security and emergency This output delivers network improvement initiatives to enhance and develop Victoria’s freeways, arterial management road network and strategic local road connections. Output description Activities support improvements to the safety This output delivers initiatives and regulatory and reliability of the network. activities that will improve safety and security and strengthen resilience on Victoria’s transport network. Taxi and hire vehicle services Output description This output delivers safe and accessible taxi and hire vehicle services in metropolitan and regional Victoria through the regulation of drivers and operators and promoting choices available to customers.
DEDJTR Annual Report 2015-16 47 02 FINANCIAL PERFORMANCE
Note 2. (continued) Schedule A – Controlled income and expenses for the financial year ended 30 June
($ thousand) ($ thousand)
2016(i) 2016(i)
Tourism, Creative major events Industry industries and international Employment Regional Energy Major and enterprise portfolio Trade education and investment development and resources projects innovation agencies
Continuing operations
Income from transactions
Output appropriations 17,043 54,835 142,356 29,342 106,610 9,575 86,365 206,962
Regional Growth Fund appropriations - - - 125,000 - - - -
Special appropriations
Grants - 104,396 1,000 14,255 - - - 1,343
Sale of services - 1 2 1,037 2,473 - 3 -
Interest - - - 4,061 - 114 - -
Fair value of assets & services received free of charge - 1 2 2 1 3,475 3 -
Other income - 11 - - 8,108 11,799 - 11
Total income from transactions 17,043 159,244 143,360 173,697 117,192 24,963 86,371 208,316
Expenses from transactions
Grants and other transfers (1,600) (144,225) (83,301) (128,057) (13,376) - (42,120) (209,745)
Employee expenses (8,250) (7,150) (34,621) (27,043) (27,470) (9,434) (24,922) (854)
Capital asset charge (490) - (1,713) - (4,360) (1,926) (1,887) (145)
Depreciation and amortisation (436) (118) (1,960) (304) (1,419) (1,211) (375) (147)
Interest expense (3) (3) (21) (47) (26) (8) (12) (1)
Fair value of assets & services received free of charge (4) (41) (39) (43) (28) (2) (22) (54)
Other operating expenses (6,489) (7,646) (32,492) (12,835) (62,033) (6,274) (17,078) (1,219)
Total expenses from transactions (17,272) (159,183) (154,147) (168,329) (108,712) (18,855) (86,416) (212,165)
Net result from transactions (net operating balance) (229) 61 (10,787) 5,368 8,480 6,108 (45) (3,849)
48 DEDJTR Annual Report 2015-16 ($ thousand) ($ thousand)
2016(i) 2016(i)
Tourism, Creative major events Industry industries and international Employment Regional Energy Major and enterprise portfolio Trade education and investment development and resources projects innovation agencies
Continuing operations
Income from transactions
Output appropriations 17,043 54,835 142,356 29,342 106,610 9,575 86,365 206,962
Regional Growth Fund appropriations - - - 125,000 - - - -
Special appropriations
Grants - 104,396 1,000 14,255 - - - 1,343
Sale of services - 1 2 1,037 2,473 - 3 -
Interest - - - 4,061 - 114 - -
Fair value of assets & services received free of charge - 1 2 2 1 3,475 3 -
Other income - 11 - - 8,108 11,799 - 11
Total income from transactions 17,043 159,244 143,360 173,697 117,192 24,963 86,371 208,316
Expenses from transactions
Grants and other transfers (1,600) (144,225) (83,301) (128,057) (13,376) - (42,120) (209,745)
Employee expenses (8,250) (7,150) (34,621) (27,043) (27,470) (9,434) (24,922) (854)
Capital asset charge (490) - (1,713) - (4,360) (1,926) (1,887) (145)
Depreciation and amortisation (436) (118) (1,960) (304) (1,419) (1,211) (375) (147)
Interest expense (3) (3) (21) (47) (26) (8) (12) (1)
Fair value of assets & services received free of charge (4) (41) (39) (43) (28) (2) (22) (54)
Other operating expenses (6,489) (7,646) (32,492) (12,835) (62,033) (6,274) (17,078) (1,219)
Total expenses from transactions (17,272) (159,183) (154,147) (168,329) (108,712) (18,855) (86,416) (212,165)
Net result from transactions (net operating balance) (229) 61 (10,787) 5,368 8,480 6,108 (45) (3,849)
DEDJTR Annual Report 2015-16 49 02 FINANCIAL PERFORMANCE
Note 2. (continued) Schedule A – Controlled income and expenses for the financial year ended 30 June (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Tourism, Creative major events Industry industries and international Employment Regional Energy Major and enterprise portfolio Trade education and investment development and resources projects innovation agencies
Other economic flows included in net result
Net gain/(loss) on non-financial assets 20 48 21 303 16 (29) 105 12
Net gain/(loss) on financial instruments (13) (564) ------
Other gains/(losses) from other economic flows 16 37 98 97 (7) 14 119 8
Total other economic flows included in net result 23 (479) 119 400 9 (15) 224 20
Net result (206) (418) (10,668) 5,768 8,489 6,093 179 (3,829)
Other economic flows - other comprehensive income
Items that will not be reclassified to net result
Transfer of asset revaluation to accumulated surplus - - - - - 4 - -
Changes in physical asset revaluation surplus 226 2,831 1,399 1,385 - 9,699 1,710 -
Composite reporting of Linking Melbourne Authority ------
Total other economic flows – 226 2,831 1,399 1,385 - 9,703 1,710 - other comprehensive income
Comprehensive result 20 2,413 (9,269) 7,153 8,489 15,796 1,889 (3,829)
50 DEDJTR Annual Report 2015-16 Note 2. (continued) Schedule A – Controlled income and expenses for the financial year ended 30 June (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Tourism, Creative major events Industry industries and international Employment Regional Energy Major and enterprise portfolio Trade education and investment development and resources projects innovation agencies
Other economic flows included in net result
Net gain/(loss) on non-financial assets 20 48 21 303 16 (29) 105 12
Net gain/(loss) on financial instruments (13) (564) ------
Other gains/(losses) from other economic flows 16 37 98 97 (7) 14 119 8
Total other economic flows included in net result 23 (479) 119 400 9 (15) 224 20
Net result (206) (418) (10,668) 5,768 8,489 6,093 179 (3,829)
Other economic flows - other comprehensive income
Items that will not be reclassified to net result
Transfer of asset revaluation to accumulated surplus - - - - - 4 - -
Changes in physical asset revaluation surplus 226 2,831 1,399 1,385 - 9,699 1,710 -
Composite reporting of Linking Melbourne Authority ------
Total other economic flows – 226 2,831 1,399 1,385 - 9,703 1,710 - other comprehensive income
Comprehensive result 20 2,413 (9,269) 7,153 8,489 15,796 1,889 (3,829)
DEDJTR Annual Report 2015-16 51 02 FINANCIAL PERFORMANCE
Note 2. (continued) Schedule A – Controlled income and expenses for the financial year ended 30 June (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Transport safety, security and Road operations emergency Taxi and hire and network Road asset Integrated management vehicle services Train services Tram services Bus services improvements management transport
Continuing operations
Income from transactions
Output appropriations 123,478 84,526 2,495,025 555,374 915,278 647,971 470,348 14,490
Regional Growth Fund appropriations ------
Special appropriations - - 778 - - - - -
Grants ------
Sale of services 7,900 - 4 1 1 1 - -
Interest - - - - - 84 - -
Fair value of assets & services received free of charge 1 - 9 2 3 4 2 60
Other income - - 442 - - - - 62
Total income from transactions 131,379 84,526 2,496,258 555,377 915,282 648,060 470,350 14,612
Expenses from transactions
Grants and other transfers (90,904) (83,564) (2,468,694) (551,471) (908,425) (544,503) (413,514) (6,279)
Employee expenses (19,779) (477) (10,262) (2,132) (3,522) (5,862) (3,404) (5,614)
Capital asset charge (1,195) (72) (2,391) (543) (888) (11,976) (344) (2,480)
Depreciation and amortisation (1,074) (73) (2,437) (548) (895) (2,481) (347) (175)
Interest expense (19) - (16) (2) (4) - (1) (5)
Fair value of assets & services received free of charge (30) (22) (639) (142) (234) (146) (107) (4)
Other operating expenses (11,532) (319) (12,272) (608) (1,320) (5,893) (1,468) 4
Total expenses from transactions (124,533) (84,527) (2,496,711) (555,446) (915,288) (570,861) (419,185) (14,553)
Net result from transactions (net operating balance) 6,846 (1) (453) (69) (6) 77,199 51,165 59
52 DEDJTR Annual Report 2015-16 Note 2. (continued) Schedule A – Controlled income and expenses for the financial year ended 30 June (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Transport safety, security and Road operations emergency Taxi and hire and network Road asset Integrated management vehicle services Train services Tram services Bus services improvements management transport
Continuing operations
Income from transactions
Output appropriations 123,478 84,526 2,495,025 555,374 915,278 647,971 470,348 14,490
Regional Growth Fund appropriations ------
Special appropriations - - 778 - - - - -
Grants ------
Sale of services 7,900 - 4 1 1 1 - -
Interest - - - - - 84 - -
Fair value of assets & services received free of charge 1 - 9 2 3 4 2 60
Other income - - 442 - - - - 62
Total income from transactions 131,379 84,526 2,496,258 555,377 915,282 648,060 470,350 14,612
Expenses from transactions
Grants and other transfers (90,904) (83,564) (2,468,694) (551,471) (908,425) (544,503) (413,514) (6,279)
Employee expenses (19,779) (477) (10,262) (2,132) (3,522) (5,862) (3,404) (5,614)
Capital asset charge (1,195) (72) (2,391) (543) (888) (11,976) (344) (2,480)
Depreciation and amortisation (1,074) (73) (2,437) (548) (895) (2,481) (347) (175)
Interest expense (19) - (16) (2) (4) - (1) (5)
Fair value of assets & services received free of charge (30) (22) (639) (142) (234) (146) (107) (4)
Other operating expenses (11,532) (319) (12,272) (608) (1,320) (5,893) (1,468) 4
Total expenses from transactions (124,533) (84,527) (2,496,711) (555,446) (915,288) (570,861) (419,185) (14,553)
Net result from transactions (net operating balance) 6,846 (1) (453) (69) (6) 77,199 51,165 59
DEDJTR Annual Report 2015-16 53 02 FINANCIAL PERFORMANCE
Note 2. (continued) Schedule A – Controlled income and expenses for the financial year ended 30 June (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Transport safety, security and Road operations emergency Taxi and hire and network Road asset Integrated management vehicle services Train services Tram services Bus services improvements management transport
Other economic flows included in net result
Net gain/(loss) on non-financial assets 29 5 (1,874) - 60 (8,699) 23 (4)
Net gain/(loss) on financial instruments - - (49) 37 - - - -
Other gains/(losses) from other economic flows 9 4 (1,995) 29 48 21,702 19 (126)
Total other economic flows included in net result 38 9 (3,918) 66 108 13,003 42 (130)
Net result 6,884 8 (4,371) (3) 102 90,202 51,207 (71)
Other economic flows - other comprehensive income
Items that will not be reclassified to net result
Transfer of asset revaluation to accumulated surplus ------
Changes in physical asset revaluation surplus 520 376 11,110 2,472 4,073 2,517 1,843 66
Composite reporting of Linking Melbourne Authority - - - - - (126,999) - -
Total other economic flows - 520 376 11,110 2,472 4,073 (124,482) 1,843 66 other comprehensive income
Comprehensive result 7,404 384 6,739 2,469 4,175 (34,280) 53,050 (5)
54 DEDJTR Annual Report 2015-16 Note 2. (continued) Schedule A – Controlled income and expenses for the financial year ended 30 June (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Transport safety, security and Road operations emergency Taxi and hire and network Road asset Integrated management vehicle services Train services Tram services Bus services improvements management transport
Other economic flows included in net result
Net gain/(loss) on non-financial assets 29 5 (1,874) - 60 (8,699) 23 (4)
Net gain/(loss) on financial instruments - - (49) 37 - - - -
Other gains/(losses) from other economic flows 9 4 (1,995) 29 48 21,702 19 (126)
Total other economic flows included in net result 38 9 (3,918) 66 108 13,003 42 (130)
Net result 6,884 8 (4,371) (3) 102 90,202 51,207 (71)
Other economic flows - other comprehensive income
Items that will not be reclassified to net result
Transfer of asset revaluation to accumulated surplus ------
Changes in physical asset revaluation surplus 520 376 11,110 2,472 4,073 2,517 1,843 66
Composite reporting of Linking Melbourne Authority - - - - - (126,999) - -
Total other economic flows - 520 376 11,110 2,472 4,073 (124,482) 1,843 66 other comprehensive income
Comprehensive result 7,404 384 6,739 2,469 4,175 (34,280) 53,050 (5)
DEDJTR Annual Report 2015-16 55 02 FINANCIAL PERFORMANCE
Note 2. (continued) Schedule A – Controlled income and expenses for the financial year ended 30 June (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Port and Sustainably freight Access, industry Cultural manage fish, network development infrastructure game and Industrial Departmental access and innovation and facilities Agriculture forest resources relations total
Continuing operations
Income from transactions
Output appropriations 104,412 60,691 101,638 300,186 97,102 4,787 6,628,394
Regional Growth Fund appropriations ------125,000
Special appropriations ------778
Grants - 1,304 1,304 34 - - 123,636
Sale of services - - - 3,445 2,375 - 17,243
Interest - - - 2,038 48 - 6,345
Fair value of assets & services received free of charge 10 - - 5 5 - 3,585
Other income 426 28 33 11,712 7,787 - 40,419
Total income from transactions 104,848 62,023 102,975 317,420 107,317 4,787 6,945,400
Expenses from transactions
Grants and other transfers (90,350) (48,118) (86,978) (15,594) (32,480) - (5,963,298)
Employee expenses (5,020) (7,632) (896) (119,341) (22,710) (3,813) (350,208)
Capital asset charge (1,024) (36) (5,979) (29,546) (4,592) - (71,587)
Depreciation and amortisation (526) (37) (6,422) (17,336) (7,750) - (46,071)
Interest expense - (2) - (21,234) (55) (1) (21,460)
Fair value of assets & services received free of charge (27) (16) (26) (101) (29) (1) (1,757)
Other operating expenses (7,967) (5,283) (2,803) (192,506) (39,720) (970) (428,723)
Total expenses from transactions (104,914) (61,124) (103,104) (395,658) (107,336) (4,785) (6,883,104)
Net result from transactions (net operating balance) (66) 899 (129) (78,238) (19) 2 62,296
56 DEDJTR Annual Report 2015-16 Note 2. (continued) Schedule A – Controlled income and expenses for the financial year ended 30 June (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Port and Sustainably freight Access, industry Cultural manage fish, network development infrastructure game and Industrial Departmental access and innovation and facilities Agriculture forest resources relations total
Continuing operations
Income from transactions
Output appropriations 104,412 60,691 101,638 300,186 97,102 4,787 6,628,394
Regional Growth Fund appropriations ------125,000
Special appropriations ------778
Grants - 1,304 1,304 34 - - 123,636
Sale of services - - - 3,445 2,375 - 17,243
Interest - - - 2,038 48 - 6,345
Fair value of assets & services received free of charge 10 - - 5 5 - 3,585
Other income 426 28 33 11,712 7,787 - 40,419
Total income from transactions 104,848 62,023 102,975 317,420 107,317 4,787 6,945,400
Expenses from transactions
Grants and other transfers (90,350) (48,118) (86,978) (15,594) (32,480) - (5,963,298)
Employee expenses (5,020) (7,632) (896) (119,341) (22,710) (3,813) (350,208)
Capital asset charge (1,024) (36) (5,979) (29,546) (4,592) - (71,587)
Depreciation and amortisation (526) (37) (6,422) (17,336) (7,750) - (46,071)
Interest expense - (2) - (21,234) (55) (1) (21,460)
Fair value of assets & services received free of charge (27) (16) (26) (101) (29) (1) (1,757)
Other operating expenses (7,967) (5,283) (2,803) (192,506) (39,720) (970) (428,723)
Total expenses from transactions (104,914) (61,124) (103,104) (395,658) (107,336) (4,785) (6,883,104)
Net result from transactions (net operating balance) (66) 899 (129) (78,238) (19) 2 62,296
DEDJTR Annual Report 2015-16 57 02 FINANCIAL PERFORMANCE
Note 2. (continued) Schedule A – Controlled income and expenses for the financial year ended 30 June (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Port and freight Access, industry Cultural network development infrastructure Regional Energy and Departmental access and innovation and facilities Agriculture development resources total
Other economic flows included in net result
Net gain/(loss) on non-financial assets 5 29 3 (591) 1,038 - (9,480)
Net gain/(loss) on financial instruments - - - 36 2 - (551)
Other gains/(losses) from other economic flows 3 2 - (897) 83 - 19,263
Total other economic flows included in net result 8 31 3 (1,452) 1,123 - 9,232
Net result (58) 930 (126) (79,690) 1,104 2 71,528
Other economic flows - other comprehensive income
Items that will not be reclassified to net result
Transfer of asset revaluation to accumulated surplus ------4
Changes in physical asset revaluation surplus 510 18,786 - 37,095 - - 96,618
Composite reporting of Linking Melbourne Authority ------(126,999)
Total other economic flows - other comprehensive 510 18,786 - 37,095 - - (30,377) income
Comprehensive result 452 19,716 (126) (42,595) 1,104 2 41,151
58 DEDJTR Annual Report 2015-16 Note 2. (continued) Schedule A – Controlled income and expenses for the financial year ended 30 June (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Port and freight Access, industry Cultural network development infrastructure Regional Energy and Departmental access and innovation and facilities Agriculture development resources total
Other economic flows included in net result
Net gain/(loss) on non-financial assets 5 29 3 (591) 1,038 - (9,480)
Net gain/(loss) on financial instruments - - - 36 2 - (551)
Other gains/(losses) from other economic flows 3 2 - (897) 83 - 19,263
Total other economic flows included in net result 8 31 3 (1,452) 1,123 - 9,232
Net result (58) 930 (126) (79,690) 1,104 2 71,528
Other economic flows - other comprehensive income
Items that will not be reclassified to net result
Transfer of asset revaluation to accumulated surplus ------4
Changes in physical asset revaluation surplus 510 18,786 - 37,095 - - 96,618
Composite reporting of Linking Melbourne Authority ------(126,999)
Total other economic flows - other comprehensive 510 18,786 - 37,095 - - (30,377) income
Comprehensive result 452 19,716 (126) (42,595) 1,104 2 41,151
DEDJTR Annual Report 2015-16 59 02 FINANCIAL PERFORMANCE
Note 2. (continued) Schedule A – Controlled income and expenses for the financial year ended 30 June (continued)
($ thousand) ($ thousand)
2015(i) 2015(i)
Tourism, Investment Trade and marketing Regional attraction, export Innovation and and major development and Energy and facilitation and Small business facilitation technology sports Employment regional cities resources major projects assistance
Continuing operations
Income from transactions
Output appropriations 30,747 124,754 91,063 10,364 59,149 101,262 111,278 28,122
Regional Growth Fund appropriations - - - - 121,377 - - -
Special appropriations ------
Grants 159 - 75,261 - 12,256 - - 3
Sale of services ------
Interest - - - - 4,796 - 213 -
Fair value of assets & services received free of charge ------
Other income 1,528 2,335 237 1 9,510 34,815 96,778 566
Total income from transactions 32,434 127,089 166,561 10,365 207,088 136,077 208,269 28,691
Expenses from transactions
Grants and other transfers (9,558) (80,305) (146,701) (3,661) (143,928) (18,726) (58,876) (3,071)
Employee expenses (8,510) (19,080) (9,326) (3,121) (25,810) (27,051) (29,226) (10,737)
Capital asset charge (222) (3,170) (1,528) (59) (527) (809) (3,930) (299)
Depreciation and amortisation (530) (1,675) (676) (141) (1,267) (2,155) (2,806) (716)
Interest expense (8) (25) (10) (2) (21) (17) (22) (10)
Fair value of assets & services received free of charge ------
Other operating expenses (11,610) (27,066) (10,143) (3,512) (15,306) (54,324) (126,441) (14,391)
Total expenses from transactions (30,438) (131,321) (168,384) (10,496) (186,859) (103,082) (221,301) (29,224)
Net result from transactions (net operating balance) 1,996 (4,232) (1,823) (131) 20,229 32,995 (13,032) (533)
60 DEDJTR Annual Report 2015-16 Note 2. (continued) Schedule A – Controlled income and expenses for the financial year ended 30 June (continued)
($ thousand) ($ thousand)
2015(i) 2015(i)
Tourism, Investment Trade and marketing Regional attraction, export Innovation and and major development and Energy and facilitation and Small business facilitation technology sports Employment regional cities resources major projects assistance
Continuing operations
Income from transactions
Output appropriations 30,747 124,754 91,063 10,364 59,149 101,262 111,278 28,122
Regional Growth Fund appropriations - - - - 121,377 - - -
Special appropriations ------
Grants 159 - 75,261 - 12,256 - - 3
Sale of services ------
Interest - - - - 4,796 - 213 -
Fair value of assets & services received free of charge ------
Other income 1,528 2,335 237 1 9,510 34,815 96,778 566
Total income from transactions 32,434 127,089 166,561 10,365 207,088 136,077 208,269 28,691
Expenses from transactions
Grants and other transfers (9,558) (80,305) (146,701) (3,661) (143,928) (18,726) (58,876) (3,071)
Employee expenses (8,510) (19,080) (9,326) (3,121) (25,810) (27,051) (29,226) (10,737)
Capital asset charge (222) (3,170) (1,528) (59) (527) (809) (3,930) (299)
Depreciation and amortisation (530) (1,675) (676) (141) (1,267) (2,155) (2,806) (716)
Interest expense (8) (25) (10) (2) (21) (17) (22) (10)
Fair value of assets & services received free of charge ------
Other operating expenses (11,610) (27,066) (10,143) (3,512) (15,306) (54,324) (126,441) (14,391)
Total expenses from transactions (30,438) (131,321) (168,384) (10,496) (186,859) (103,082) (221,301) (29,224)
Net result from transactions (net operating balance) 1,996 (4,232) (1,823) (131) 20,229 32,995 (13,032) (533)
DEDJTR Annual Report 2015-16 61 02 FINANCIAL PERFORMANCE
Note 2. (continued) Schedule A – Controlled income and expenses for the financial year ended 30 June (continued)
($ thousand) ($ thousand)
2015(i) 2015(i)
Investment Trade and Tourism, Regional attraction, export Innovation and marketing and development and Energy and facilitation and Small business facilitation technology major sports Employment regional cities resources major projects assistance
Other economic flows included in net result
Net gain/(loss) on non-financial assets 17 53 21 4 40 (11,002) (432) 22
Net gain/(loss) on financial instruments ------
Other gains/(losses) from other economic flows (21) (67) (27) (6) (51) (78) (60) (29)
Total other economic flows included in net result (4) (14) (6) (2) (11) (11,080) (492) (7)
Net result 1,992 (4,246) (1,829) (133) 20,218 21,915 (13,524) (540)
Other economic flows - other comprehensive income
Items that will not be reclassified to net result
Transfer of asset revaluation to accumulated surplus ------2,997 -
Changes in physical asset revaluation surplus 60 191 77 16 143 220 169 81
Composite reporting of Linking Melbourne Authority ------
Total other economic flows - 60 191 77 16 143 220 3,166 81 other comprehensive income
Comprehensive result 2,052 (4,055) (1,752) (117) 20,361 22,135 (10,358) (459)
62 DEDJTR Annual Report 2015-16 Note 2. (continued) Schedule A – Controlled income and expenses for the financial year ended 30 June (continued)
($ thousand) ($ thousand)
2015(i) 2015(i)
Investment Trade and Tourism, Regional attraction, export Innovation and marketing and development and Energy and facilitation and Small business facilitation technology major sports Employment regional cities resources major projects assistance
Other economic flows included in net result
Net gain/(loss) on non-financial assets 17 53 21 4 40 (11,002) (432) 22
Net gain/(loss) on financial instruments ------
Other gains/(losses) from other economic flows (21) (67) (27) (6) (51) (78) (60) (29)
Total other economic flows included in net result (4) (14) (6) (2) (11) (11,080) (492) (7)
Net result 1,992 (4,246) (1,829) (133) 20,218 21,915 (13,524) (540)
Other economic flows - other comprehensive income
Items that will not be reclassified to net result
Transfer of asset revaluation to accumulated surplus ------2,997 -
Changes in physical asset revaluation surplus 60 191 77 16 143 220 169 81
Composite reporting of Linking Melbourne Authority ------
Total other economic flows - 60 191 77 16 143 220 3,166 81 other comprehensive income
Comprehensive result 2,052 (4,055) (1,752) (117) 20,361 22,135 (10,358) (459)
DEDJTR Annual Report 2015-16 63 02 FINANCIAL PERFORMANCE
Note 2. (continued) Schedule A – Controlled income and expenses for the financial year ended 30 June (continued)
($ thousand) ($ thousand)
2015(i) 2015(i)
Transport Access, Transport Integrated system Arts industry Cultural safety and transport development portfolio development infrastructure security services and maintenance agencies and innovation and facilities Agriculture Biosecurity
Continuing operations
Income from transactions
Output appropriations 206,277 1,841,640 646,383 127,322 15,552 24,561 125,751 41,032
Regional Growth Fund appropriations ------
Special appropriations - 908 ------
Grants 15 (165) 15,605 - - - 2,299 -
Sale of services 4,002 8,249 12 - - - 7,515 1,067
Interest ------1,143 -
Fair value of assets & services received free of charge 3 1,772 23 - - - - -
Other income 42 299 1,878 89 86 86 14,503 2,732
Total income from transactions 210,339 1,852,703 663,901 127,411 15,638 24,647 151,211 44,831
Expenses from transactions
Grants and other transfers (76,804) (1,829,312) (595,273) (123,679) (12,639) (20,671) (8,831) (1,791)
Employee expenses (8,640) (9,461) (12,177) (1,223) (1,187) (1,187) (40,422) (18,389)
Capital asset charge (666) (5,017) (5,087) (678) (658) (1,654) (17,816) (481)
Depreciation and amortisation (580) (689) (948) (749) (727) (727) (12,933) (408)
Interest expense (14) (12) - (2) (2) (2) (11,856) (22)
Fair value of assets & services received free of charge (919) (230) (448) - - - - -
Other operating expenses (6,965) (7,094) (33,229) (612) (780) (759) (40,575) (19,205)
Total expenses from transactions (94,588) (1,851,815) (647,162) (126,943) (15,993) (25,000) (132,433) (40,296)
Net result from transactions (net operating balance) 115,751 888 16,739 468 (355) (353) 18,778 4,535
64 DEDJTR Annual Report 2015-16 Note 2. (continued) Schedule A – Controlled income and expenses for the financial year ended 30 June (continued)
($ thousand) ($ thousand)
2015(i) 2015(i)
Transport Access, Transport Integrated system Arts industry Cultural safety and transport development portfolio development infrastructure security services and maintenance agencies and innovation and facilities Agriculture Biosecurity
Continuing operations
Income from transactions
Output appropriations 206,277 1,841,640 646,383 127,322 15,552 24,561 125,751 41,032
Regional Growth Fund appropriations ------
Special appropriations - 908 ------
Grants 15 (165) 15,605 - - - 2,299 -
Sale of services 4,002 8,249 12 - - - 7,515 1,067
Interest ------1,143 -
Fair value of assets & services received free of charge 3 1,772 23 - - - - -
Other income 42 299 1,878 89 86 86 14,503 2,732
Total income from transactions 210,339 1,852,703 663,901 127,411 15,638 24,647 151,211 44,831
Expenses from transactions
Grants and other transfers (76,804) (1,829,312) (595,273) (123,679) (12,639) (20,671) (8,831) (1,791)
Employee expenses (8,640) (9,461) (12,177) (1,223) (1,187) (1,187) (40,422) (18,389)
Capital asset charge (666) (5,017) (5,087) (678) (658) (1,654) (17,816) (481)
Depreciation and amortisation (580) (689) (948) (749) (727) (727) (12,933) (408)
Interest expense (14) (12) - (2) (2) (2) (11,856) (22)
Fair value of assets & services received free of charge (919) (230) (448) - - - - -
Other operating expenses (6,965) (7,094) (33,229) (612) (780) (759) (40,575) (19,205)
Total expenses from transactions (94,588) (1,851,815) (647,162) (126,943) (15,993) (25,000) (132,433) (40,296)
Net result from transactions (net operating balance) 115,751 888 16,739 468 (355) (353) 18,778 4,535
DEDJTR Annual Report 2015-16 65 02 FINANCIAL PERFORMANCE
Note 2. (continued) Schedule A – Controlled income and expenses for the financial year ended 30 June (continued)
($ thousand) ($ thousand)
2015(i) 2015(i)
Transport Access, Transport Integrated system Arts industry Cultural safety and transport development portfolio development infrastructure security services and maintenance agencies and innovation and facilities Agriculture Biosecurity
Other economic flows included in net result
Net gain/(loss) on non-financial assets (285) (2,028) (29,407) 4 3 3 192 176
Net gain/(loss) on financial instruments ------(2) -
Other gains/(losses) from other economic flows 18 43 36 (1) (1) (1) 1 -
Total other economic flows included in net result (267) (1,985) (29,371) 3 2 2 191 176
Net result 115,484 (1,097) (12,632) 471 (353) (351) 18,969 4,711
Other economic flows - other comprehensive income
Items that will not be reclassified to net result
Transfer of asset revaluation to accumulated surplus ------
Changes in physical asset revaluation surplus (1,086) (7,706) (8,778) - - - (838) -
Composite reporting of Linking Melbourne Authority ------
Total other economic flows - (1,086) (7,706) (8,778) - - - (838) - other comprehensive income
Comprehensive result 114,398 (8,803) (21,410) 471 (353) (351) 18,131 4,711
66 DEDJTR Annual Report 2015-16 Note 2. (continued) Schedule A – Controlled income and expenses for the financial year ended 30 June (continued)
($ thousand) ($ thousand)
2015(i) 2015(i)
Transport Access, Transport Integrated system Arts industry Cultural safety and transport development portfolio development infrastructure security services and maintenance agencies and innovation and facilities Agriculture Biosecurity
Other economic flows included in net result
Net gain/(loss) on non-financial assets (285) (2,028) (29,407) 4 3 3 192 176
Net gain/(loss) on financial instruments ------(2) -
Other gains/(losses) from other economic flows 18 43 36 (1) (1) (1) 1 -
Total other economic flows included in net result (267) (1,985) (29,371) 3 2 2 191 176
Net result 115,484 (1,097) (12,632) 471 (353) (351) 18,969 4,711
Other economic flows - other comprehensive income
Items that will not be reclassified to net result
Transfer of asset revaluation to accumulated surplus ------
Changes in physical asset revaluation surplus (1,086) (7,706) (8,778) - - - (838) -
Composite reporting of Linking Melbourne Authority ------
Total other economic flows - (1,086) (7,706) (8,778) - - - (838) - other comprehensive income
Comprehensive result 114,398 (8,803) (21,410) 471 (353) (351) 18,131 4,711
DEDJTR Annual Report 2015-16 67 02 FINANCIAL PERFORMANCE
Note 2. (continued) Schedule A – Controlled income and expenses for the financial year ended 30 June (continued)
($ thousand)
2015(i)
Sustainably manage fish and Industrial Departmental forest resources relations total
Continuing operations
Income from transactions
Output appropriations 28,847 1,259 3,615,363
Regional Growth Fund appropriations - - 121,377
Special appropriations - - 908
Grants 94 - 105,527
Sale of services 117 - 20,962
Interest 27 - 6,179
Fair value of assets & services received free of charge - - 1,798
Other income 3,536 - 169,021
Total income from transactions 32,621 1,259 4,041,135
Expenses from transactions
Grants and other transfers (13,893) - (3,147,719)
Employee expenses (9,782) (962) (236,291)
Capital asset charge (639) - (43,240)
Depreciation and amortisation (1,862) (3) (29,592)
Interest expense (20) 2 (12,043)
Fair value of assets & services received free of charge - - (1,597)
Other operating expenses (6,265) (296) (378,573)
Total expenses from transactions (32,461) (1,259) (3,849,055)
Net result from transactions (net operating balance) 160 - 192,080
68 DEDJTR Annual Report 2015-16 ($ thousand)
2015(i)
Sustainably manage fish and Industrial Departmental forest resources relations total
Other economic flows included in net result
Net gain/(loss) on non-financial assets 186 - (42,433)
Net gain/(loss) on financial instruments - - (2)
Other gains/(losses) from other economic flows - - (244)
Total other economic flows included in net result 186 - (42,679)
Net result 346 - 149,401
Other economic flows - other comprehensive income
Items that will not be reclassified to net result
Transfer of asset revaluation to accumulated surplus - - 2,997
Changes in physical asset revaluation surplus - - (17,451)
Composite reporting of Linking Melbourne Authority - - -
Total other economic flows - - - (14,454) other comprehensive income
Comprehensive result 346 - 134,947
DEDJTR Annual Report 2015-16 69 02 FINANCIAL PERFORMANCE
Note 2. (continued) Schedule B – Controlled assets and liabilities as at 30 June
($ thousand) ($ thousand)
2016(i) 2016(i)
Tourism, major Creative events and Industry and industries international Employment and Regional Energy and Major enterprise portfolio Trade education investment development resources projects innovation agencies
Assets
Financial assets 7,848 37,001 50,452 211,102 35,163 150,656 69,823 4,168
Non-financial assets 8,554 46,638 32,969 46,552 36,985 127,037 33,018 33,808
Total assets 16,402 83,639 83,421 257,654 72,148 277,693 102,841 37,976
Total liabilities (5,919) (21,622) (45,371) (46,193) (16,391) (68,065) (30,053) (2,103)
Net assets 10,483 62,017 38,050 211,461 55,757 209,628 72,788 35,873
($ thousand) ($ thousand)
2016(i) 2016(i)
Transport safety, security and Taxi and Road operations emergency hire vehicle and network Road asset Integrated management services Train services Tram services Bus services improvements management transport
Assets
Financial assets 22,291 3 558,680 6,580 10,764 813,911 144,277 282,232
Non-financial assets 21,353 710 34,966 7,875 12,864 272,276 4,989 53,728
Total assets 43,644 713 593,646 14,455 23,628 1,086,187 149,266 335,960
Total liabilities (17,143) (481) (482,607) (5,541) (9,068) (177,369) (147,578) (238,803)
Net assets 26,501 232 111,039 8,914 14,560 908,818 1,688 97,157
70 DEDJTR Annual Report 2015-16 Note 2. (continued) Schedule B – Controlled assets and liabilities as at 30 June
($ thousand) ($ thousand)
2016(i) 2016(i)
Tourism, major Creative events and Industry and industries international Employment and Regional Energy and Major enterprise portfolio Trade education investment development resources projects innovation agencies
Assets
Financial assets 7,848 37,001 50,452 211,102 35,163 150,656 69,823 4,168
Non-financial assets 8,554 46,638 32,969 46,552 36,985 127,037 33,018 33,808
Total assets 16,402 83,639 83,421 257,654 72,148 277,693 102,841 37,976
Total liabilities (5,919) (21,622) (45,371) (46,193) (16,391) (68,065) (30,053) (2,103)
Net assets 10,483 62,017 38,050 211,461 55,757 209,628 72,788 35,873
($ thousand) ($ thousand)
2016(i) 2016(i)
Transport safety, security and Taxi and Road operations emergency hire vehicle and network Road asset Integrated management services Train services Tram services Bus services improvements management transport
Assets
Financial assets 22,291 3 558,680 6,580 10,764 813,911 144,277 282,232
Non-financial assets 21,353 710 34,966 7,875 12,864 272,276 4,989 53,728
Total assets 43,644 713 593,646 14,455 23,628 1,086,187 149,266 335,960
Total liabilities (17,143) (481) (482,607) (5,541) (9,068) (177,369) (147,578) (238,803)
Net assets 26,501 232 111,039 8,914 14,560 908,818 1,688 97,157
DEDJTR Annual Report 2015-16 71 02 FINANCIAL PERFORMANCE
Note 2. (continued) Schedule B – Controlled assets and liabilities as at 30 June
($ thousand) ($ thousand)
2016(i) 2016(i)
Port and Access, Sustainably freight industry Cultural manage fish, network development infrastructure game and Industrial Departmental access and innovation and facilities Agriculture forest resources relations total
Assets
Financial assets 12,791 15,658 3,629 484,911 49,642 657 2,972,239
Non-financial assets 24,544 200,698 27,257 473,631 129,063 37 1,629,552
Total assets 37,335 216,356 30,886 958,542 178,705 694 4,601,791
Total liabilities (8,034) (9,152) (1,445) (409,731) (28,086) (675) (1,771,430)
Net assets 29,301 207,204 29,441 548,811 150,619 19 2,830,361
($ thousand) ($ thousand)
2015(i) 2015(i)
Tourism, Investment Trade and marketing Regional attraction, export Innovation and and major development and Energy and facilitation and Small business facilitation technology sports Employment regional cities resources major projects assistance
Assets
Financial assets 19,111 64,977 3,979 8,530 292,938 88,378 111,322 17,907
Non-financial assets 2,104 25,210 29,599 562 5,005 7,689 122,526 2,842
Total assets 21,215 90,187 33,578 9,092 297,943 96,067 233,848 20,749
Total liabilities (6,632) (17,771) (12,062) (2,094) (31,367) (24,911) (70,021) (8,482)
Net assets 14,583 72,416 21,516 6,998 266,576 71,156 163,827 12,267
72 DEDJTR Annual Report 2015-16 Note 2. (continued) Schedule B – Controlled assets and liabilities as at 30 June
($ thousand) ($ thousand)
2016(i) 2016(i)
Port and Access, Sustainably freight industry Cultural manage fish, network development infrastructure game and Industrial Departmental access and innovation and facilities Agriculture forest resources relations total
Assets
Financial assets 12,791 15,658 3,629 484,911 49,642 657 2,972,239
Non-financial assets 24,544 200,698 27,257 473,631 129,063 37 1,629,552
Total assets 37,335 216,356 30,886 958,542 178,705 694 4,601,791
Total liabilities (8,034) (9,152) (1,445) (409,731) (28,086) (675) (1,771,430)
Net assets 29,301 207,204 29,441 548,811 150,619 19 2,830,361
($ thousand) ($ thousand)
2015(i) 2015(i)
Tourism, Investment Trade and marketing Regional attraction, export Innovation and and major development and Energy and facilitation and Small business facilitation technology sports Employment regional cities resources major projects assistance
Assets
Financial assets 19,111 64,977 3,979 8,530 292,938 88,378 111,322 17,907
Non-financial assets 2,104 25,210 29,599 562 5,005 7,689 122,526 2,842
Total assets 21,215 90,187 33,578 9,092 297,943 96,067 233,848 20,749
Total liabilities (6,632) (17,771) (12,062) (2,094) (31,367) (24,911) (70,021) (8,482)
Net assets 14,583 72,416 21,516 6,998 266,576 71,156 163,827 12,267
DEDJTR Annual Report 2015-16 73 02 FINANCIAL PERFORMANCE
Note 2. (continued) Schedule B – Controlled assets and liabilities as at 30 June
($ thousand) ($ thousand)
2015(i) 2015(i)
Transport system Arts Access, industry Cultural Transport safety Integrated transport development and portfolio development infrastructure and security services maintenance agencies and innovation and facilities Agriculture Biosecurity
Assets
Financial assets 105,505 1,056,172 700,846 123,951 10,504 8,317 159,730 10,640
Non-financial assets 22,059 34,755 286,256 74,195 72,013 72,421 681,306 1,809
Total assets 127,564 1,090,927 987,102 198,146 82,517 80,738 841,036 12,449
Total liabilities (147,134) (531,627) (308,365) (102) (99) (99) (361,562) (15,924)
Net assets (19,570) 559,300 678,737 198,044 82,418 80,639 479,474 (3,475)
($ thousand)
2015(i)
Sustainably manage fish and Industrial Departmental forest resources relations total
Assets
Financial assets 13,324 1,257 2,797,388
Non-financial assets 17,885 - 1,458,236
Total assets 31,209 1,257 4,255,624
Total liabilities (11,918) (638) (1,550,808)
Net assets 19,291 619 2,704,816
(i) The 2015-16 Budget included changes to the department’s output structure that are reflected in this note for the 2015-16 financial year. The 2014-15 figures relate to the previous output structure.
74 DEDJTR Annual Report 2015-16 Note 2. (continued) Schedule B – Controlled assets and liabilities as at 30 June
($ thousand) ($ thousand)
2015(i) 2015(i)
Transport system Arts Access, industry Cultural Transport safety Integrated transport development and portfolio development infrastructure and security services maintenance agencies and innovation and facilities Agriculture Biosecurity
Assets
Financial assets 105,505 1,056,172 700,846 123,951 10,504 8,317 159,730 10,640
Non-financial assets 22,059 34,755 286,256 74,195 72,013 72,421 681,306 1,809
Total assets 127,564 1,090,927 987,102 198,146 82,517 80,738 841,036 12,449
Total liabilities (147,134) (531,627) (308,365) (102) (99) (99) (361,562) (15,924)
Net assets (19,570) 559,300 678,737 198,044 82,418 80,639 479,474 (3,475)
($ thousand)
2015(i)
Sustainably manage fish and Industrial Departmental forest resources relations total
Assets
Financial assets 13,324 1,257 2,797,388
Non-financial assets 17,885 - 1,458,236
Total assets 31,209 1,257 4,255,624
Total liabilities (11,918) (638) (1,550,808)
Net assets 19,291 619 2,704,816
(i) The 2015-16 Budget included changes to the department’s output structure that are reflected in this note for the 2015-16 financial year. The 2014-15 figures relate to the previous output structure.
DEDJTR Annual Report 2015-16 75 02 FINANCIAL PERFORMANCE
Note 3. Composite reporting of Linking Melbourne Authority
On 7 January 2015, the Acting Minister for Roads and Road Safety announced that the operations of Linking Melbourne Authority (LMA) was to cease. On 9 June 2016, the Minister for Roads and Road Safety wrote to the Minister for Finance requesting approval for the composite reporting of LMA’s annual report of operations and financial statements with DEDJTR for the 2015-16 financial year and subsequent financial years in accordance with section 53 of Financial Management Act 1994.
Approval was granted by the minister on 23 June 2016.
Consequently, for the year ended 30 June 2016, LMA’s financial statements were consolidated with DEDJTR.
Note 4. Summary of compliance with annual parliamentary and special appropriations
(A) Summary of compliance with annual parliamentary appropriations The following table discloses the details of parliamentary appropriations received by the department for the year. In accordance with accrual output-based management procedures ‘provision of outputs’ and ‘additions to net assets’ are disclosed as ‘controlled’ activities of the department. Administered transactions are those that are undertaken on behalf of the State of Victoria over which the department has no control or discretion.
($ thousand)
Appropriation Act
Annual Appropriation Advance from Treasurer
2016 2015 (i) 2016 2015
Controlled
Provision of outputs 6,479,734 616,662 77,163 85,772
Regional Growth Fund 125,000 121,377 - -
Additions to net assets 1,808,39 98,486 297,212 32,579
Administered
Payments made on behalf of the State 66,767 63,688 - -
Total 8,479,892 900,213 374,375 118,351
(A) Summary of compliance with annual parliamentary appropriations (continued)
($ thousand) ($ thousand)
Financial Management Act 1994 Financial Management Act 1994
Section 29 Section 30 Section 32 Section 35 Advances
2016 2015 2016 2015 2016 2015 2016 2015
Controlled
Provision of outputs 331,932 256,528 (18,574) 63,500 134,122 96,136 27,973 -
Regional Growth Fund ------
Additions to net assets 34,500 139,825 18,574 (63,500) 84,200 87,591 156,562 -
Administered
Payments made on behalf of the State - - - - 2,736 656 - -
Total 366,432 396,353 - - 221,058 184,383 184,535 -
76 DEDJTR Annual Report 2015-16 Note 3. Composite reporting of Linking Melbourne Authority
On 7 January 2015, the Acting Minister for Roads and Road Safety announced that the operations of Linking Melbourne Authority (LMA) was to cease. On 9 June 2016, the Minister for Roads and Road Safety wrote to the Minister for Finance requesting approval for the composite reporting of LMA’s annual report of operations and financial statements with DEDJTR for the 2015-16 financial year and subsequent financial years in accordance with section 53 of Financial Management Act 1994.
Approval was granted by the minister on 23 June 2016.
Consequently, for the year ended 30 June 2016, LMA’s financial statements were consolidated with DEDJTR.
Note 4. Summary of compliance with annual parliamentary and special appropriations
(A) Summary of compliance with annual parliamentary appropriations The following table discloses the details of parliamentary appropriations received by the department for the year. In accordance with accrual output-based management procedures ‘provision of outputs’ and ‘additions to net assets’ are disclosed as ‘controlled’ activities of the department. Administered transactions are those that are undertaken on behalf of the State of Victoria over which the department has no control or discretion.
($ thousand)
Appropriation Act
Annual Appropriation Advance from Treasurer
2016 2015 (i) 2016 2015
Controlled
Provision of outputs 6,479,734 616,662 77,163 85,772
Regional Growth Fund 125,000 121,377 - -
Additions to net assets 1,808,39 98,486 297,212 32,579
Administered
Payments made on behalf of the State 66,767 63,688 - -
Total 8,479,892 900,213 374,375 118,351
(A) Summary of compliance with annual parliamentary appropriations (continued)
($ thousand) ($ thousand)
Financial Management Act 1994 Financial Management Act 1994
Section 29 Section 30 Section 32 Section 35 Advances
2016 2015 2016 2015 2016 2015 2016 2015
Controlled
Provision of outputs 331,932 256,528 (18,574) 63,500 134,122 96,136 27,973 -
Regional Growth Fund ------
Additions to net assets 34,500 139,825 18,574 (63,500) 84,200 87,591 156,562 -
Administered
Payments made on behalf of the State - - - - 2,736 656 - -
Total 366,432 396,353 - - 221,058 184,383 184,535 -
DEDJTR Annual Report 2015-16 77 02 FINANCIAL PERFORMANCE
Note 4. (continued)
(A) Summary of compliance with annual parliamentary appropriations (continued)
($ thousand) ($ thousand)
Administrative Arrangements Act 1983 Total Parliamentary Appropriations Machinery-of-government change (ii) Authority applied Variance (iii) (iv)
2016 2015 2016 2015 2016 2015 2016 2015
Controlled
Provision of outputs - 2,754,262 7,032,350 3,872,860 6,628,394 3,615,363 403,956 257,497
Regional Growth Fund - - 125,000 121,377 125,000 121,377 - -
Additions to net assets - 796,531 2,399,439 1,091,512 2,137,060 958,313 262,379 133,199
Administered
Payments made on behalf of the State - 850 69,503 65,194 65,827 61,799 3,676 3,395
Total - 3,551,643 9,626,292 5,150,943 8,956,281 4,756,852 670,011 394,091
(i) As published in Victorian Budget 2015-16 Statement of Finances (incorporating Quarterly Financial Report No.3) Budget Paper No.5 Appendix A Table A.5: Consolidated Fund payments: total annual appropriations. (ii) Reflects the transfer of functions and Parliamentary authorities forming the Department of Economic Development, Jobs, Transport and Resources effective from 1 January 2015. (iii) A number of the department’s output programs have been rescheduled to the next financial year due to timing differences in commencements, completion of milestones, and/or contract finalisation. As a result the department has obtained approval to re- phase a component of this unspent funding into future years and has also applied for the relevant output budget to be carried over into the next financial year. (iv) The Department has unapplied Parliamentary authority arising from timing differences and re-phasing of projects and initiatives. As a result the department has obtained approval to rephase a component of this unspent funding into future years and has also applied for the relevant budget to be carried over into the next financial year.
(B) Summary of compliance with special appropriations
($ thousand)
2016 2015
Authority Purpose Appropriations applied
Operating
Section 213A (4) of the Transport (Compliance and Miscellaneous) Act 1983 Refund to public transport operators for administrative costs associated 778 908 with ticket infringements
Total operating 778 908
Capital
Section 46QB of the Planning and Environment Act No. 45 of 1987 Purchase of land at Cranbourne East Station. 3,779 -
Total capital 3,779 -
78 DEDJTR Annual Report 2015-16 Note 4. (continued)
(A) Summary of compliance with annual parliamentary appropriations (continued)
($ thousand) ($ thousand)
Administrative Arrangements Act 1983 Total Parliamentary Appropriations Machinery-of-government change (ii) Authority applied Variance (iii) (iv)
2016 2015 2016 2015 2016 2015 2016 2015
Controlled
Provision of outputs - 2,754,262 7,032,350 3,872,860 6,628,394 3,615,363 403,956 257,497
Regional Growth Fund - - 125,000 121,377 125,000 121,377 - -
Additions to net assets - 796,531 2,399,439 1,091,512 2,137,060 958,313 262,379 133,199
Administered
Payments made on behalf of the State - 850 69,503 65,194 65,827 61,799 3,676 3,395
Total - 3,551,643 9,626,292 5,150,943 8,956,281 4,756,852 670,011 394,091
(i) As published in Victorian Budget 2015-16 Statement of Finances (incorporating Quarterly Financial Report No.3) Budget Paper No.5 Appendix A Table A.5: Consolidated Fund payments: total annual appropriations. (ii) Reflects the transfer of functions and Parliamentary authorities forming the Department of Economic Development, Jobs, Transport and Resources effective from 1 January 2015. (iii) A number of the department’s output programs have been rescheduled to the next financial year due to timing differences in commencements, completion of milestones, and/or contract finalisation. As a result the department has obtained approval to re- phase a component of this unspent funding into future years and has also applied for the relevant output budget to be carried over into the next financial year. (iv) The Department has unapplied Parliamentary authority arising from timing differences and re-phasing of projects and initiatives. As a result the department has obtained approval to rephase a component of this unspent funding into future years and has also applied for the relevant budget to be carried over into the next financial year.
(B) Summary of compliance with special appropriations
($ thousand)
2016 2015
Authority Purpose Appropriations applied
Operating
Section 213A (4) of the Transport (Compliance and Miscellaneous) Act 1983 Refund to public transport operators for administrative costs associated 778 908 with ticket infringements
Total operating 778 908
Capital
Section 46QB of the Planning and Environment Act No. 45 of 1987 Purchase of land at Cranbourne East Station. 3,779 -
Total capital 3,779 -
DEDJTR Annual Report 2015-16 79 02 FINANCIAL PERFORMANCE
Note 5. Income from transactions
(A) Sale of services
($ thousand)
2016 2015
Sale of services 17,243 20,962
Total sale of services 17,243 20,962
(B) Interest
($ thousand)
2016 2015
Interest from financial assets not at fair value through P/L 6,345 6,179 - Interest on bank deposits
Total interest 6,345 6,179
(C) Grants
($ thousand)
2016 2015
Grants from government and others 123,636 105,527
Total grants 123,636 105,527
(D) Other income
($ thousand)
2016 2015
Regulatory charges, fees and fines 15,592 6,828
Trust income 13,166 49,259
Project Management Fees 8,155 8,594
Miscellaneous income 3,506 1,373
Land development (Kew residential services redevelopment) - 88,684
Sale proceeds - land - 14,283
Total other income 40,419 169,021
80 DEDJTR Annual Report 2015-16 Note 6. Expenses from transactions
(A) Employee expenses
($ thousand)
2016 2015
Salaries, wages, annual leave, long service leave and on-costs (350,208) (236,291)
Total employee expenses (350,208) (236,291)
(B) Depreciation and amortisation
($ thousand)
2016 2015
Property, plant and equipment depreciation (42,989) (24,009)
Intangible assets amortisation (3,082) (5,583)
Total depreciation and amortisation (46,071) (29,592)
(C) Interest expense
($ thousand)
2016 2015
Interest on finance leases (21,460) (12,043)
Total interest expense (21,460) (12,043)
DEDJTR Annual Report 2015-16 81 02 FINANCIAL PERFORMANCE
Note 6. (continued) (D) Grants and other transfers
($ thousand)
2016 2015
Grants to portfolio agencies
Public Transport Victoria (3,918,040) (1,859,312)
VicRoads (1,089,986) (494,981)
Creative Victoria agencies (273,370) (120,487)
Taxi Services Commission (88,016) (42,966)
Tourism Victoria (53,400) (73,570)
Linking Melbourne Authority - (58,503)
Film Victoria (25,373) (19,871)
Other grants to portfolio agencies (97,127) (90,917)
Total grants to portfolio agencies (5,545,312) (2,760,607)
Grants to local government and local ports
Local government (73,685) (79,559)
Local ports (10,836) (4,168)
Total grants to local government and local ports (84,521) (83,727)
Grants and other transfers to State Government departments and associated entities outside portfolio
Other State Government departments (71,664) (37,064)
Total grants and other transfers to State Government departments and associated entities (71,664) (37,064) outside portfolio
Grants to external organisations and individuals
Other non-government agencies (261,801) (266,321)
Total grants to external organisations and individuals (261,801) (266,321)
Total grants and other transfers (5,963,298) (3,147,719)
(E) Other operating expenses
($ thousand)
2016 2015
Supplies and services
Contracts and services (178,266) (165,922)
Recognition of joint venture funding obligation (74,992) -
Computer services and equipment (49,509) (23,354)
Accommodation (26,668) (14,088)
Administrative expenses (81,317) (53,143)
Total supplies and services (410,752) (256,507)
Operating lease rental expenses
- Minimum lease payments (17,971) (23,198)
Total operating lease rental expenses (17,971) (23,198)
Cost of goods sold/distributed (a) - (98,868)
Total other operating expenses (428,723) (378,573)
(a) Costs relate primarily to Kew residential services redevelopment.
82 DEDJTR Annual Report 2015-16 Note 7. Other economic flows included in net result (A) Net gain/(loss) on non-financial assets
($ thousand)
Note 2016 2015
Gross proceeds from sale of property, plant and equipment
Leased vehicles 5,567 1,668
Total proceeds 5,567 1,668
Write down of inventory - (29)
Disposal of leased vehicles (1,310) (972)
Recognition of non-financial assets(i) 76 2,221
Derecognition of property, plant and equipment 10 - (2,280)
Gain/(loss) on disposal of property, plant and equipment (9,701) (790)
Impairment of infrastructure 10 - (26,385)
Gain arising from changes in fair value of biological assets 11 575 525
Decrease attributable to demise of biological assets 11 (80) (97)
Decrease attributable to sales 11 (645) (800)
Loss on disposal of intangible assets 12 (3,962) (1,083)
Impairment of intangible assets 12 - (14,411)
Total net loss on non-financial assets (excluding proceeds) (15,047) (44,101)
Net loss on non-financial assets (9,480) (42,433)
(B) Net gains/(losses) on financial instruments
($ thousand)
2016 2015
Impairment of loans and receivable 37 -
Impairment of listed securities (ii) (24) (2)
Unrealised loss on foreign exchange hedge (564) -
Total net gains/(losses) on financial instruments (551) (2)
(C) Other gains/(losses) from other economic flows
($ thousand)
2016 2015
Net loss arising from revaluation of long service leave liability(iii) (262) (244)
Unwinding of other provision 19,525 -
Total other gains/(losses) from other economic flows 19,263 (244)
Total 9,232 (42,679)
(i) Adjusted for prior year figure to account for sale of livestock (ii) Fair value adjustment to listed securities (iii) Revaluation gain/(loss) due to changes in bond rates
DEDJTR Annual Report 2015-16 83 02 FINANCIAL PERFORMANCE
Note 8. Receivables Current receivables
($ thousand)
2016 2015
Contractual
Other receivables - government (i) 40,007 5,730
Other receivables - non-government 29,091 53,775
69,098 59,505
Statutory
Amounts owing from Victorian Government (ii) 1,186,151 1,201,483
GST input tax credit recoverable from the ATO 57,081 18,022
1,243,232 1,219,505
Total current receivables 1,312,330 1,279,010
Non-current receivables
($ thousand)
2016 2015
Contractual
Receivables - government (i) 27,232 3,319
Other receivables - non-government 20,876 20,404
48,108 23,723
Statutory
Amounts owing from Victorian Government (ii) 3,040 8,837
3,040 8,837
Total non-current receivables 51,148 32,560
Total receivables 1,363,478 1,311,570
(i) The average credit period on sales of goods is 30 days. No interest is charged on receivables. A provision has been made for estimated irrecoverable amounts from the sale of goods when there is objective evidence that an individual receivable is impaired. The increase was recognised in the net result for the current financial year. (ii) The amounts recognised from the Victorian Government represent funding for all commitments incurred through the appropriations and are drawn from the Consolidated Fund as the commitments fall due.
Ageing analysis of contractual receivables Please refer to Table 22.4 in Note 22 for the ageing analysis of contractual receivables.
Nature and extent of risk from contractual receivables Please refer to Note 22 for the nature and extent of risks arising from contractual receivables.
84 DEDJTR Annual Report 2015-16 Note 9. Investments
(A) Equity investments Current Investments Term deposits: the department had no current investments with maturities greater than three months.
($ thousand)
2016 2015
Current investments
Equity and management investments
Listed securities 71 94
Total current and non-current investments and other financial assets 71 94
(B) Investments accounted for using the proportionate consolidation method On 1 January 2015, the department assumed responsibility for the Royal Melbourne Showgrounds and Biosciences Research Centre joint operations transferred from the former Department of Environment and Primary Industries (DEPI).
Royal Melbourne Showgrounds
In October 2003, the state, represented by the former Department of Primary Industries entered into a joint operations agreement with the Royal Agricultural Society of Victoria Limited (RASV) to redevelop the Royal Melbourne Showgrounds. The agreement came into effect on 30 June 2005.
Two joint operations structures were established, an unincorporated joint operation to carry out and deliver the joint operations project, and an incorporated joint operation entity, Showgrounds Nominees Pty Ltd, to hold the assets of the joint operation and to enter into agreements on behalf of the state and RASV.
The state’s contribution to the joint operation is $100.7 million (expressed in 2004 dollars) while RASV has contributed its freehold title to the showgrounds land valued at $51 million in June 2005. In June 2006, Showgrounds Nominees Pty Ltd entered into a Development and Operations Agreement (on behalf of the state and RASV) with the concessionaire, PPP Solutions (Showgrounds) Nominee Pty Ltd, to design, construct, finance and maintain the new facilities at the showgrounds.
The project operation term is 25 years from the date of commercial acceptance of completed works which occurred in August 2006. The joint operation project is being delivered under the Partnerships Victoria Policy framework.
Biosciences Research Centre
In April 2008, the state, represented by the former Department of Environment and Primary Industries (DEPI) entered into a joint operations agreement with La Trobe University (La Trobe) to establish a world-class research facility at the University’s Melbourne campus in Bundoora, AgriBio, Centre for AgriBioscience. A similar structure to the RASV joint operation has been adopted comprising an unincorporated joint operation to carry out and deliver the joint operation project, and an incorporated joint operation entity, Biosciences Research Centre Pty Ltd to hold the assets of the joint operation and to enter into agreements on behalf of the state and La Trobe.
The state’s contribution to the joint operations is $227.3 million (expressed in May 2009 dollars).
On 30 April 2009, Biosciences Research Centre Pty Ltd entered into a project agreement (on behalf of the state and La Trobe) with Plenary Research Pty Ltd (the Concessionaire) to design, construct, finance and maintain the facility over the project’s operating term. The project’s operating term is 25 years from the date of commercial acceptance which occurred 18 July 2012. The joint operation project is being delivered under the Partnerships Victoria Policy framework.
The department pays quarterly service payments in full each quarter as they fall due.
In December 2015, La Trobe exercised the right to pay its remaining service payments in full.
DEDJTR Annual Report 2015-16 85 02 FINANCIAL PERFORMANCE
Note 9. (continued) (B) Investments accounted for using the proportionate consolidation method (cont.) In addition, La Trobe contributes on a quarterly basis, 25 per cent of the general facilities management, maintenance and minor work costs associated with the services.
In accordance with the joint operation agreement, the participants are required to fund the administration expenses of the joint operation in equal shares of 50 per cent each.
Ownership interest
2016 2015 % %
Name of entity Principal activity Country of incorporation
Royal Melbourne To carry out the Australia 50.0 50.0 Showgrounds redevelopment of the Royal Melbourne Showgrounds
Biosciences To establish a world-class Australia 75.0 75.0 Research Centre research facility
Joint operations accounted for using the proportionate consolidation method
The department’s interest in assets, liabilities, income, and expenses in the above joint operations is detailed below. The amounts are included in the financial statements under their respective categories.
($ thousand)
2016 2015
Royal Melbourne Showgrounds
Current assets
Cash and deposits 515 287
Receivables – contributions receivable 6,247 4,700
Receivables – accrued income 176 181
Total current assets 6,938 5,168
Non-current assets
Receivables – contributions receivable 14,629 20,404
Property, plant and equipment 128,706 90,930
Total non-current assets 143,335 111,334
Total assets 150,273 116,502
Current liabilities
Payables 1,707 1,660
Borrowings 1,347 1,213
Other liabilities - -
Total current liabilities 3,054 2,873
Non-current liabilities
Borrowings 43,247 44,517
Other liabilities 2,367 2,422
Total non-current liabilities 45,614 46,939
86 DEDJTR Annual Report 2015-16 ($ thousand)
2016 2015
Total liabilities 48,668 49,812
Net assets 101,605 66,690
Income 2,517 1,418
Expenses 6,691 3,356
Biosciences Research Centre
Current assets
Accrued income 5,670 6,164
Total current assets 5,670 6,164
Non-current assets
Property, plant and equipment 133,144 139,773
Intangible assets 32,517 32,620
Total non-current assets 165,661 172,393
Total assets 171,331 178,557
Current liabilities
Accrued expenses 5,670 6,164
Borrowings - 1,761
Total current liabilities 5,670 7,925
Non-current liabilities
Borrowings 193,865 199,052
Total non-current liabilities 193,865 199,052
Total liabilities 199,535 206,977
Net deficiency (28,204) (28,420)
Income 25,503 14,684
Expenses 31,147 14,684
Contingent liabilities and commitments Contingent liabilities and commitments arising from department’s interests in joint operations are disclosed in Note 20 Commitments for expenditure and Note 21 Contingent assets and contingent liabilities.
DEDJTR Annual Report 2015-16 87 02 FINANCIAL PERFORMANCE
Note 10. Property, plant and equipment Classification by ‘Purpose Groups’(i) – carrying amounts
($ thousand) ($ thousand)
Public Transportation and Public safety administration communications and environment Total
2016 2015 2016 2015 2016 2015 2016 2015
Land
Land – fair value 95,321 83,339 234,009 163,877 384,864 328,231 714,194 575,447
95,321 83,339 234,009 163,877 384,864 328,231 714,194 575,447
Buildings and structures
Buildings and structures at fair value 6,973 6,459 73,283 73,258 529,150 518,298 609,406 598,015
Less: accumulated depreciation (727) (594) (1,466) - (62,212) (77,652) (64,405) (78,246)
6,246 5,865 71,817 73,258 466,938 440,646 545,001 519,769
Building leasehold
Building leasehold – at fair value 12,477 6,869 - - 11,573 11,804 24,050 18,673
Less: accumulated amortisation (253) - - - (7,744) (7,259) (7,997) (7,259)
12,224 6,869 - - 3,829 4,545 16,053 11,414
Leasehold improvements
Leasehold improvements – at fair value 33,453 33,422 19,361 19,165 5,302 993 58,116 53,580
Less: accumulated amortisation (21,044) (18,264) (7,596) (6,092) (1,208) (953) (29,848) (25,309)
12,409 15,158 11,765 13,073 4,094 40 28,268 28,271
Total land, buildings and structures, building leasehold 126,200 111,231 317,591 250,208 859,725 773,462 1,303,516 1,134,901 and leasehold improvements
(i) Property, plant and equipment are classified primarily by the ‘purpose’ for which the assets are used, according to one of six purpose groups based upon government purpose classifications. All assets within a purpose group are further sub-categorised according to the asset’s ‘nature’ (i.e. buildings, plant and equipment, etc.), with each sub-category being classified as a separate class of asset for financial reporting purposes.
88 DEDJTR Annual Report 2015-16 Note 10. Property, plant and equipment Classification by ‘Purpose Groups’(i) – carrying amounts
($ thousand) ($ thousand)
Public Transportation and Public safety administration communications and environment Total
2016 2015 2016 2015 2016 2015 2016 2015
Land
Land – fair value 95,321 83,339 234,009 163,877 384,864 328,231 714,194 575,447
95,321 83,339 234,009 163,877 384,864 328,231 714,194 575,447
Buildings and structures
Buildings and structures at fair value 6,973 6,459 73,283 73,258 529,150 518,298 609,406 598,015
Less: accumulated depreciation (727) (594) (1,466) - (62,212) (77,652) (64,405) (78,246)
6,246 5,865 71,817 73,258 466,938 440,646 545,001 519,769
Building leasehold
Building leasehold – at fair value 12,477 6,869 - - 11,573 11,804 24,050 18,673
Less: accumulated amortisation (253) - - - (7,744) (7,259) (7,997) (7,259)
12,224 6,869 - - 3,829 4,545 16,053 11,414
Leasehold improvements
Leasehold improvements – at fair value 33,453 33,422 19,361 19,165 5,302 993 58,116 53,580
Less: accumulated amortisation (21,044) (18,264) (7,596) (6,092) (1,208) (953) (29,848) (25,309)
12,409 15,158 11,765 13,073 4,094 40 28,268 28,271
Total land, buildings and structures, building leasehold 126,200 111,231 317,591 250,208 859,725 773,462 1,303,516 1,134,901 and leasehold improvements
(i) Property, plant and equipment are classified primarily by the ‘purpose’ for which the assets are used, according to one of six purpose groups based upon government purpose classifications. All assets within a purpose group are further sub-categorised according to the asset’s ‘nature’ (i.e. buildings, plant and equipment, etc.), with each sub-category being classified as a separate class of asset for financial reporting purposes.
DEDJTR Annual Report 2015-16 89 02 FINANCIAL PERFORMANCE
Note 10. (continued) Classification by ‘Purpose Groups’(i) – carrying amounts (continued)
($ thousand) ($ thousand)
Public Transportation and Public safety administration communications and environment Total
2016 2015 2016 2015 2016 2015 2016 2015
Plant and equipment
Plant and equipment at fair value 5,183 5,012 2,687 1,900 107,054 103,973 114,924 110,885
Less: accumulated depreciation (4,299) (3,988) (540) (377) (83,980) (77,853) (88,819) (82,218)
884 1,024 2,147 1,523 23,074 26,120 26,105 28,667
Leased plant and equipment 10,071 4,715 2,140 2,032 11,326 17,479 23,537 24,226
Less: accumulated depreciation (3,088) (1,491) (554) (543) (3,849) (6,062) (7,491) (8,096)
6,983 3,224 1,586 1,489 7,477 11,417 16,046 16,130
Total plant and equipment 7,867 4,248 3,733 3,012 30,551 37,537 42,151 44,797
Property, plant and equipment in the course of construction – 42,009 29,791 37,942 55,325 35,349 45,815 115,300 130,931 at fair value
Total property, plant and equipment 176,076 145,270 359,266 308,545 925,625 856,814 1,460,967 1,310,629
Infrastructure
Infrastructure at fair value 28,903 28,508 29,746 25,272 - - 58,649 53,780
Less: accumulated depreciation (2,832) (2,097) (508) - - - (3,340) (2,097)
Total infrastructure 26,071 26,411 29,238 25,272 - - 55,309 51,683
Cultural assets
Cultural assets at fair value - - 256 256 12,150 11,981 12,406 12,237
Less: accumulated depreciation - - - - (2,787) (2,353) (2,787) (2,353)
Total cultural assets - - 256 256 9,363 9,628 9,619 9,884
Net carrying amount of property, plant, equipment, 202,147 171,681 388,760 334,073 934,988 866,442 1,525,895 1,372,196 infrastructure and cultural assets
(i) Property, plant and equipment are classified primarily by the ‘purpose’ for which the assets are used, according to one of six purpose groups based upon government purpose classifications. All assets within a purpose group are further sub-categorised according to the asset’s ‘nature’ (i.e. buildings, plant and equipment, etc) with each sub-category being classified as a separate class of asset for financial reporting purposes.
90 DEDJTR Annual Report 2015-16 Note 10. (continued) Classification by ‘Purpose Groups’(i) – carrying amounts (continued)
($ thousand) ($ thousand)
Public Transportation and Public safety administration communications and environment Total
2016 2015 2016 2015 2016 2015 2016 2015
Plant and equipment
Plant and equipment at fair value 5,183 5,012 2,687 1,900 107,054 103,973 114,924 110,885
Less: accumulated depreciation (4,299) (3,988) (540) (377) (83,980) (77,853) (88,819) (82,218)
884 1,024 2,147 1,523 23,074 26,120 26,105 28,667
Leased plant and equipment 10,071 4,715 2,140 2,032 11,326 17,479 23,537 24,226
Less: accumulated depreciation (3,088) (1,491) (554) (543) (3,849) (6,062) (7,491) (8,096)
6,983 3,224 1,586 1,489 7,477 11,417 16,046 16,130
Total plant and equipment 7,867 4,248 3,733 3,012 30,551 37,537 42,151 44,797
Property, plant and equipment in the course of construction – 42,009 29,791 37,942 55,325 35,349 45,815 115,300 130,931 at fair value
Total property, plant and equipment 176,076 145,270 359,266 308,545 925,625 856,814 1,460,967 1,310,629
Infrastructure
Infrastructure at fair value 28,903 28,508 29,746 25,272 - - 58,649 53,780
Less: accumulated depreciation (2,832) (2,097) (508) - - - (3,340) (2,097)
Total infrastructure 26,071 26,411 29,238 25,272 - - 55,309 51,683
Cultural assets
Cultural assets at fair value - - 256 256 12,150 11,981 12,406 12,237
Less: accumulated depreciation - - - - (2,787) (2,353) (2,787) (2,353)
Total cultural assets - - 256 256 9,363 9,628 9,619 9,884
Net carrying amount of property, plant, equipment, 202,147 171,681 388,760 334,073 934,988 866,442 1,525,895 1,372,196 infrastructure and cultural assets
(i) Property, plant and equipment are classified primarily by the ‘purpose’ for which the assets are used, according to one of six purpose groups based upon government purpose classifications. All assets within a purpose group are further sub-categorised according to the asset’s ‘nature’ (i.e. buildings, plant and equipment, etc) with each sub-category being classified as a separate class of asset for financial reporting purposes.
DEDJTR Annual Report 2015-16 91 02 FINANCIAL PERFORMANCE
Note 10. (continued) Classification by ‘public administration’ purpose group – movements in carrying amounts
($ thousand) ($ thousand)
Land at Buildings and structures Buildings Leasehold fair value at fair value leasehold improvements
2016 2015 2016 2015 2016 2015 2016 2015
Opening balance 83,338 107,650 5,865 5,989 6,868 5,972 15,158 15,946
Additions - - 514 - 5,430 - - 1,702
Disposals (140) ------
Net revaluation increments/decrements 12,123 - - - - 957 - -
Transfers via contributed capital - (21,677) ------
Impairment of assets ------
Transfers to classified as held for sale ------
Net machinery-of-government transfers ------
Depreciation/amortisation expense - - (123) (124) (74) (61) (2,851) (2,490)
Received or given free of charge ------
Transfers to administered entity for disposal - (2,635) ------
Transfers between classes - - (9) - - - 102 -
Recognition/(derecognition) ------
Closing balance 95,321 83,338 6,247 5,865 12,224 6,868 12,409 15,158
Classification by ‘public administration’ purpose group – movements in carrying amounts
($ thousand)
Plant and Leased plant PP&E in course equipment and equipment of construction
2016 2015 2016 2015 2016 2015
Opening balance 1,024 1,024 3,225 3,173 29,791 355,236
Additions 323 523 2,004 2,159 12,715 40,487
Disposals - (2) (628) (803) - -
Net revaluation increments/decrements ------
Transfers via contributed capital - - (296) - - (364,964)
Impairment of assets ------
Transfers to classified as held for sale - - (58) (47) - -
Net machinery-of-government transfers - - - (82) - -
Depreciation/amortisation expense (457) (468) (1,117) (1,105) - -
Received or given free of charge (6) - - (70) - -
Transfers to administered entity for disposal ------
Transfers between classes - - 3,854 - (497) (968)
Recognition/(derecognition) - (53) - - - -
Closing balance 884 1,024 6,984 3,225 42,009 29,791
92 DEDJTR Annual Report 2015-16 Note 10. (continued) Classification by ‘public administration’ purpose group – movements in carrying amounts
($ thousand) ($ thousand)
Land at Buildings and structures Buildings Leasehold fair value at fair value leasehold improvements
2016 2015 2016 2015 2016 2015 2016 2015
Opening balance 83,338 107,650 5,865 5,989 6,868 5,972 15,158 15,946
Additions - - 514 - 5,430 - - 1,702
Disposals (140) ------
Net revaluation increments/decrements 12,123 - - - - 957 - -
Transfers via contributed capital - (21,677) ------
Impairment of assets ------
Transfers to classified as held for sale ------
Net machinery-of-government transfers ------
Depreciation/amortisation expense - - (123) (124) (74) (61) (2,851) (2,490)
Received or given free of charge ------
Transfers to administered entity for disposal - (2,635) ------
Transfers between classes - - (9) - - - 102 -
Recognition/(derecognition) ------
Closing balance 95,321 83,338 6,247 5,865 12,224 6,868 12,409 15,158
Classification by ‘public administration’ purpose group – movements in carrying amounts
($ thousand)
Plant and Leased plant PP&E in course equipment and equipment of construction
2016 2015 2016 2015 2016 2015
Opening balance 1,024 1,024 3,225 3,173 29,791 355,236
Additions 323 523 2,004 2,159 12,715 40,487
Disposals - (2) (628) (803) - -
Net revaluation increments/decrements ------
Transfers via contributed capital - - (296) - - (364,964)
Impairment of assets ------
Transfers to classified as held for sale - - (58) (47) - -
Net machinery-of-government transfers - - - (82) - -
Depreciation/amortisation expense (457) (468) (1,117) (1,105) - -
Received or given free of charge (6) - - (70) - -
Transfers to administered entity for disposal ------
Transfers between classes - - 3,854 - (497) (968)
Recognition/(derecognition) - (53) - - - -
Closing balance 884 1,024 6,984 3,225 42,009 29,791
DEDJTR Annual Report 2015-16 93 02 FINANCIAL PERFORMANCE
Note 10. (continued) Classification by ‘public administration’ purpose group – movements in carrying amounts
($ thousand)
Infrastructure Cultural assets Total
2016 2015 2016 2015 2016 2015
Opening balance 26,411 64,036 - - 171,680 559,026
Additions - - - - 20,986 44,871
Disposals - - - - (768) (805)
Net revaluation increments/decrements - - - - 12,123 957
Transfers via contributed capital - (37,459) - - (296) (424,100)
Impairment of assets ------
Transfers to classified as held for sale - - - - (58) (47)
Net machinery-of-government transfers - - - - - (82)
Depreciation/amortisation expense (735) (1,134) - - (5,357) (5,382)
Received or given free of charge - - - - (6) (70)
Transfers to administered entity for disposal - - - - - (2,635)
Transfers between classes 395 968 - - 3,845 -
Recognition/(derecognition) - - - - - (53)
Closing balance 26,071 26,411 - - 202,149 171,680
Classification by ‘transportation and communications’ purpose group – movements in carrying amounts
($ thousand) ($ thousand)
Land at Buildings and structures Buildings Leasehold fair value at fair value leasehold improvements
2016 2015 2016 2015 2016 2015 2016 2015
Opening balance 163,877 - 73,258 - - - 13,073 -
Additions 42,632 5,617 25 - - - 928 27
Disposals (8,775) ------
Net revaluation increments/decrements 23,487 (38,076) - 5,521 - - - -
Transfers via contributed capital 12,788 166,409 - 67,737 - - (3,477) -
Impairment of assets ------
Transfers to classified as held for sale ------
Net machinery-of-government transfers - 28,177 - - - - - 9,978
Depreciation/amortisation expense - - (1,466) - - - (1,503) (659)
Received or given free of charge - 1,750 ------
Transfers to administered entity for disposal ------
Transfers between classes ------2,744 3,727
Recognition/(derecognition) ------
Closing balance 234,009 163,877 71,817 73,258 - - 11,765 13,073
94 DEDJTR Annual Report 2015-16 Note 10. (continued) Classification by ‘public administration’ purpose group – movements in carrying amounts
($ thousand)
Infrastructure Cultural assets Total
2016 2015 2016 2015 2016 2015
Opening balance 26,411 64,036 - - 171,680 559,026
Additions - - - - 20,986 44,871
Disposals - - - - (768) (805)
Net revaluation increments/decrements - - - - 12,123 957
Transfers via contributed capital - (37,459) - - (296) (424,100)
Impairment of assets ------
Transfers to classified as held for sale - - - - (58) (47)
Net machinery-of-government transfers - - - - - (82)
Depreciation/amortisation expense (735) (1,134) - - (5,357) (5,382)
Received or given free of charge - - - - (6) (70)
Transfers to administered entity for disposal - - - - - (2,635)
Transfers between classes 395 968 - - 3,845 -
Recognition/(derecognition) - - - - - (53)
Closing balance 26,071 26,411 - - 202,149 171,680
Classification by ‘transportation and communications’ purpose group – movements in carrying amounts
($ thousand) ($ thousand)
Land at Buildings and structures Buildings Leasehold fair value at fair value leasehold improvements
2016 2015 2016 2015 2016 2015 2016 2015
Opening balance 163,877 - 73,258 - - - 13,073 -
Additions 42,632 5,617 25 - - - 928 27
Disposals (8,775) ------
Net revaluation increments/decrements 23,487 (38,076) - 5,521 - - - -
Transfers via contributed capital 12,788 166,409 - 67,737 - - (3,477) -
Impairment of assets ------
Transfers to classified as held for sale ------
Net machinery-of-government transfers - 28,177 - - - - - 9,978
Depreciation/amortisation expense - - (1,466) - - - (1,503) (659)
Received or given free of charge - 1,750 ------
Transfers to administered entity for disposal ------
Transfers between classes ------2,744 3,727
Recognition/(derecognition) ------
Closing balance 234,009 163,877 71,817 73,258 - - 11,765 13,073
DEDJTR Annual Report 2015-16 95 02 FINANCIAL PERFORMANCE
Note 10. (continued) Classification by ‘transportation and communications’ purpose group – movements in carrying amounts
($ thousand)
Plant and Leased plant PP&E in course equipment and equipment of construction
2016 2015 2016 2015 2016 2015
Opening balance 1,523 - 1,490 - 55,326 -
Additions 798 21 861 210 802,296 58,163
Disposals - (43) (387) (169) - -
Net revaluation increments/decrements - 323 - - - -
Transfers via contributed capital - 220 - - (816,936) -
Impairment of assets - - - - - (26,385)
Transfers to classified as held for sale - - (64) (8) - -
Net machinery-of-government transfers - 1,323 - 1,637 - 27,275
Depreciation/amortisation expense (174) (101) (402) (191) - -
Received or given free of charge - - 88 11 - -
Transfers to administered entity for disposal ------
Transfers between classes - (220) - - (2,744) (3,727)
Recognition/(derecognition) ------
Closing balance 2,147 1,523 1,586 1,490 37,942 55,326
96 DEDJTR Annual Report 2015-16 Classification by ‘transportation and communications’ purpose group – movements in carrying amounts
($ thousand)
Cultural Infrastructure assets Total
2016 2015 2016 2015 2016 2015
Opening balance 25,272 - 256 - 334,075 -
Additions - - - - 847,540 64,038
Disposals - - - - (9,162) (212)
Net revaluation increments/decrements - 14,406 - 256 23,487 (17,570)
Transfers via contributed capital 285 - - - (807,340) 234,366
Impairment of assets - - - - - (26,385)
Transfers to classified as held for sale - - - - (64) (8)
Net government transfers 4,161 10,997 - - 4,161 79,387
Depreciation/amortisation expense (488) (131) - - (4,033) (1,082)
Received or given free of charge - - - - 88 1,761
Transfers to administered entity for disposal ------
Transfers between classes - - - - - (220)
Recognition/(derecognition) 8 - - - 8 -
Closing balance 29,238 25,272 256 256 388,760 334,075
DEDJTR Annual Report 2015-16 97 02 FINANCIAL PERFORMANCE
Note 10. (continued) Classification by ‘public safety and environment’ purpose group – movements in carrying amounts
($ thousand) ($ thousand)
Land at Buildings and structures Buildings Leasehold fair value at fair value leasehold improvements
2016 2015 2016 2015 2016 2015 2016 2015
Opening balance 328,231 - 440,647 - 4,545 - 40 -
Additions - - 70 29 - - 436 -
Disposals (704) - (134) - - - - -
Net revaluation increments/decrements 57,855 (851) 3,153 13 - - - -
Transfers via contributed capital 20,618 ------
Impairment of assets ------
Transfers to classified as held for sale (21,211) (16,819) ------
Net machinery-of-government transfers - 360,905 - 445,844 - 4,853 - 175
Depreciation/amortisation expense - - (21,840) (10,538) (529) (308) (172) (135)
Received or given free of charge 75 - (250) (208) - - - -
Transfers to administered entity for disposal - (15,004) - (804) - - - -
Transfers between classes - - 45,292 6,311 (187) - 3,790 -
Recognition/(derecognition) ------
Closing balance 384,864 328,231 466,938 440,647 3,829 4,545 4,094 40
Classification by ‘public safety and environment’ purpose group – movements in carrying amounts
($ thousand)
Plant and Leased plant PP&E in course equipment and equipment of construction
2016 2015 2016 2015 2016 2015
Opening balance 26,120 - 11,417 - 45,813 -
Additions 5,474 6,711 3,782 3,280 38,433 11,069
Disposals (60) (119) (955) (69) - -
Net revaluation increments/decrements ------
Transfers via contributed capital - - (161) - (1,739) -
Impairment of assets - 2 - - - -
Transfers to classified as held for sale - - (157) (296) - -
Net machinery-of-government transfers - 23,840 - 11,796 - 42,027
Depreciation/amortisation expense (6,679) (4,059) (3,945) (2,219) - -
Received or given free of charge ------
Transfers to administered entity for disposal - (267) - - - (1)
Transfers between classes (1,737) 10 (3,854) (1,075) (47,160) (6,474)
Recognition/(derecognition) (44) 2 1,350 - - (808)
Closing balance 23,074 26,120 7,477 11,417 35,347 45,813
98 DEDJTR Annual Report 2015-16 Note 10. (continued) Classification by ‘public safety and environment’ purpose group – movements in carrying amounts
($ thousand) ($ thousand)
Land at Buildings and structures Buildings Leasehold fair value at fair value leasehold improvements
2016 2015 2016 2015 2016 2015 2016 2015
Opening balance 328,231 - 440,647 - 4,545 - 40 -
Additions - - 70 29 - - 436 -
Disposals (704) - (134) - - - - -
Net revaluation increments/decrements 57,855 (851) 3,153 13 - - - -
Transfers via contributed capital 20,618 ------
Impairment of assets ------
Transfers to classified as held for sale (21,211) (16,819) ------
Net machinery-of-government transfers - 360,905 - 445,844 - 4,853 - 175
Depreciation/amortisation expense - - (21,840) (10,538) (529) (308) (172) (135)
Received or given free of charge 75 - (250) (208) - - - -
Transfers to administered entity for disposal - (15,004) - (804) - - - -
Transfers between classes - - 45,292 6,311 (187) - 3,790 -
Recognition/(derecognition) ------
Closing balance 384,864 328,231 466,938 440,647 3,829 4,545 4,094 40
Classification by ‘public safety and environment’ purpose group – movements in carrying amounts
($ thousand)
Plant and Leased plant PP&E in course equipment and equipment of construction
2016 2015 2016 2015 2016 2015
Opening balance 26,120 - 11,417 - 45,813 -
Additions 5,474 6,711 3,782 3,280 38,433 11,069
Disposals (60) (119) (955) (69) - -
Net revaluation increments/decrements ------
Transfers via contributed capital - - (161) - (1,739) -
Impairment of assets - 2 - - - -
Transfers to classified as held for sale - - (157) (296) - -
Net machinery-of-government transfers - 23,840 - 11,796 - 42,027
Depreciation/amortisation expense (6,679) (4,059) (3,945) (2,219) - -
Received or given free of charge ------
Transfers to administered entity for disposal - (267) - - - (1)
Transfers between classes (1,737) 10 (3,854) (1,075) (47,160) (6,474)
Recognition/(derecognition) (44) 2 1,350 - - (808)
Closing balance 23,074 26,120 7,477 11,417 35,347 45,813
DEDJTR Annual Report 2015-16 99 02 FINANCIAL PERFORMANCE
Note 10. (continued) Classification by ‘public safety and environment’ purpose group – movements in carrying amounts
($ thousand)
Infrastructure Cultural assets Total
2016 2015 2016 2015 2016 2015
Opening balance - - 9,628 - 866,441 -
Additions - - 169 - 48,364 21,089
Disposals - - - - (1,853) (188)
Net revaluation increments/decrements - - - - 61,008 (838)
Transfers via contributed capital - - - - 18,718 -
Impairment of assets - - - - - 2
Transfers to classified as held for sale - - - - (21,368) (17,115)
Net machinery-of-government transfers - - 9,896 - 899,336
Depreciation/amortisation expense - - (434) (286) (33,599) (17,545)
Received or given free of charge - - - (175) (208)
Transfers to administered entity for disposal - - - - (16,076)
Transfers between classes - - 18 (3,856) (1,210)
Recognition/(derecognition) - - - - 1,306 (806)
Closing balance - - 9,363 9,628 934,986 866,441
Classification by purpose groups – movements in carrying amounts
($ thousand) ($ thousand)
Public Transportation and Public safety Note administration communications and environment Total
2016 2015 2016 2015 2016 2015 2016 2015
Opening balance 171,680 559,026 334,075 - 866,441 - 1,372,196 559,026
Additions 20,986 44,871 847,540 64,038 48,364 21,089 916,890 129,998
Disposals (768) (805) (9,162) (212) (1,853) (188) (11,783) (1,205)
Net revaluation increments/decrements 12,123 957 23,487 (17,570) 61,008 (838) 96,618 (17,451)
Transfers via contributed capital (296) (424,100) (807,340) 234,366 18,718 - (788,918) (189,734)
Impairment of infrastructure - - - (26,385) - 2 - (26,383)
Transfers to classified as held for sale (58) (47) (64) (8) (21,368) (17,115) (21,490) (17,170)
Net transfers (to)/from government entities - (82) 4,161 79,387 - 899,336 4,161 978,641
Depreciation/amortisation expense 6(B) (5,357) (5,382) (4,033) (1,082) (33,599) (17,545) (42,989) (24,009)
Received or given free of charge (6) (70) 88 1,761 (175) (208) (93) 1,483
Transfers to administered entity for disposal - (2,635) - - - (16,076) - (18,711)
Transfers between classes 3,845 - - (220) (3,856) (1,210) (11) (1,430)
Recognition/(derecognition) - (53) 8 - 1,306 (806) 1,314 (859)
Closing balance 202,149 171,680 388,760 334,075 934,986 866,441 1,525,895 1,372,196
100 DEDJTR Annual Report 2015-16 Note 10. (continued) Classification by ‘public safety and environment’ purpose group – movements in carrying amounts
($ thousand)
Infrastructure Cultural assets Total
2016 2015 2016 2015 2016 2015
Opening balance - - 9,628 - 866,441 -
Additions - - 169 - 48,364 21,089
Disposals - - - - (1,853) (188)
Net revaluation increments/decrements - - - - 61,008 (838)
Transfers via contributed capital - - - - 18,718 -
Impairment of assets - - - - - 2
Transfers to classified as held for sale - - - - (21,368) (17,115)
Net machinery-of-government transfers - - 9,896 - 899,336
Depreciation/amortisation expense - - (434) (286) (33,599) (17,545)
Received or given free of charge - - - (175) (208)
Transfers to administered entity for disposal - - - - (16,076)
Transfers between classes - - 18 (3,856) (1,210)
Recognition/(derecognition) - - - - 1,306 (806)
Closing balance - - 9,363 9,628 934,986 866,441
Classification by purpose groups – movements in carrying amounts
($ thousand) ($ thousand)
Public Transportation and Public safety Note administration communications and environment Total
2016 2015 2016 2015 2016 2015 2016 2015
Opening balance 171,680 559,026 334,075 - 866,441 - 1,372,196 559,026
Additions 20,986 44,871 847,540 64,038 48,364 21,089 916,890 129,998
Disposals (768) (805) (9,162) (212) (1,853) (188) (11,783) (1,205)
Net revaluation increments/decrements 12,123 957 23,487 (17,570) 61,008 (838) 96,618 (17,451)
Transfers via contributed capital (296) (424,100) (807,340) 234,366 18,718 - (788,918) (189,734)
Impairment of infrastructure - - - (26,385) - 2 - (26,383)
Transfers to classified as held for sale (58) (47) (64) (8) (21,368) (17,115) (21,490) (17,170)
Net transfers (to)/from government entities - (82) 4,161 79,387 - 899,336 4,161 978,641
Depreciation/amortisation expense 6(B) (5,357) (5,382) (4,033) (1,082) (33,599) (17,545) (42,989) (24,009)
Received or given free of charge (6) (70) 88 1,761 (175) (208) (93) 1,483
Transfers to administered entity for disposal - (2,635) - - - (16,076) - (18,711)
Transfers between classes 3,845 - - (220) (3,856) (1,210) (11) (1,430)
Recognition/(derecognition) - (53) 8 - 1,306 (806) 1,314 (859)
Closing balance 202,149 171,680 388,760 334,075 934,986 866,441 1,525,895 1,372,196
DEDJTR Annual Report 2015-16 101 02 FINANCIAL PERFORMANCE
Note 10. (continued) The following useful lives of assets are used in the calculation of depreciation and amortisation: Aggregate depreciation and amortisation allocated and recognised as an expense(i):
Useful life Useful life Useful life Useful life
2016 2015 2016 2015
Asset class Asset class
Buildings and structures 25 to 100 years 25 to 100 years Buildings and structures 23,429 10,661
Buildings leasehold 7 to 150 years 7 to 150 years Buildings leasehold 603 504
Infrastructure 20 to 50 years 4 to 90 years Infrastructure 1,223 1,266
Cultural assets 100 years 5 to 100 years Cultural assets 434 286
Leasehold improvements 4 to 19 years 8 to 15 years Leasehold improvements 4,526 3,149
Plant and equipment 3 to 25 years 3 to 42 years Plant and equipment 7,310 4,628
Leased plant and equipment 1 to 3 years 1 to 3 years Leased plant and equipment 5,464 3,515
Intangible produced assets - software development 4 years 1 to 5 years Total 42,989 24,009
(i) Amortisation of $3 million relating to intangible produced assets is disclosed in Note 12.
Fair value measurement hierarchy for assets as at 30 June
($ thousand) ($ thousand)
Fair value measurement at end of reporting period using: Carrying Carrying Level 1(i) Level 2(i) Level 3(i) amount as at amount as at 30 June 2016 30 June 2015 2016 2015 2016 2015 2016 2015 Land at fair value Non-specialised land 272,245 242,648 - - 272,245 242,648 - - Specialised land 441,949 332,798 - - - - 441,949 332,798 Total of land at fair value 714,194 575,446 - - 272,245 242,648 441,949 332,798 Buildings at fair value Specialised/heritage buildings 445,317 420,085 - - - - 445,317 420,085 Non-specialised buildings 99,685 99,685 - - 99,685 99,685 - - Total of buildings at fair value 545,002 519,770 - - 99,685 99,685 445,317 420,085 Plant, equipment and vehicles at fair value Vehicles(ii) 16,046 16,130 - - - - 16,046 16,130 Plant and equipment 26,105 28,667 - - 91 91 26,014 28,576 Total plant, equipment and vehicles at fair value 42,151 44,797 - - 91 91 42,060 44,706 Infrastructure at fair value Infrastructure 55,309 51,683 - - - - 55,309 51,683 Total of infrastructure at fair value 55,309 51,683 - - - - 55,309 51,683 Cultural assets at fair value Cultural assets 9,619 9,885 - - 24 24 9,595 9,861 Total cultural assets at fair value 9,619 9,885 - - 24 24 9,595 9,861 Building leasehold improvements at fair value Leasehold improvements 28,268 28,270 - - - - 28,268 28,270 Total leasehold improvements at fair value 28,268 28,270 - - - - 28,268 28,270 Building leasehold at fair value Building leasehold 16,053 11,414 - - 16,053 11,414 - - Total building leasehold at fair value 16,053 11,414 - - 16,053 11,414 - - Total property, plant, equipment and infrastructure at fair value 1,410,596 1,241,265 - - 388,098 353,862 1,022,498 887,403
(i) Classified in accordance with the fair value hierarchy. (ii) Vehicles are categorised to Level 3 assets as depreciated replacement cost is used in estimating fair value. 102 DEDJTR Annual Report 2015-16 Note 10. (continued) The following useful lives of assets are used in the calculation of depreciation and amortisation: Aggregate depreciation and amortisation allocated and recognised as an expense(i):
Useful life Useful life Useful life Useful life
2016 2015 2016 2015
Asset class Asset class
Buildings and structures 25 to 100 years 25 to 100 years Buildings and structures 23,429 10,661
Buildings leasehold 7 to 150 years 7 to 150 years Buildings leasehold 603 504
Infrastructure 20 to 50 years 4 to 90 years Infrastructure 1,223 1,266
Cultural assets 100 years 5 to 100 years Cultural assets 434 286
Leasehold improvements 4 to 19 years 8 to 15 years Leasehold improvements 4,526 3,149
Plant and equipment 3 to 25 years 3 to 42 years Plant and equipment 7,310 4,628
Leased plant and equipment 1 to 3 years 1 to 3 years Leased plant and equipment 5,464 3,515
Intangible produced assets - software development 4 years 1 to 5 years Total 42,989 24,009
(i) Amortisation of $3 million relating to intangible produced assets is disclosed in Note 12.
Fair value measurement hierarchy for assets as at 30 June
($ thousand) ($ thousand)
Fair value measurement at end of reporting period using: Carrying Carrying Level 1(i) Level 2(i) Level 3(i) amount as at amount as at 30 June 2016 30 June 2015 2016 2015 2016 2015 2016 2015 Land at fair value Non-specialised land 272,245 242,648 - - 272,245 242,648 - - Specialised land 441,949 332,798 - - - - 441,949 332,798 Total of land at fair value 714,194 575,446 - - 272,245 242,648 441,949 332,798 Buildings at fair value Specialised/heritage buildings 445,317 420,085 - - - - 445,317 420,085 Non-specialised buildings 99,685 99,685 - - 99,685 99,685 - - Total of buildings at fair value 545,002 519,770 - - 99,685 99,685 445,317 420,085 Plant, equipment and vehicles at fair value Vehicles(ii) 16,046 16,130 - - - - 16,046 16,130 Plant and equipment 26,105 28,667 - - 91 91 26,014 28,576 Total plant, equipment and vehicles at fair value 42,151 44,797 - - 91 91 42,060 44,706 Infrastructure at fair value Infrastructure 55,309 51,683 - - - - 55,309 51,683 Total of infrastructure at fair value 55,309 51,683 - - - - 55,309 51,683 Cultural assets at fair value Cultural assets 9,619 9,885 - - 24 24 9,595 9,861 Total cultural assets at fair value 9,619 9,885 - - 24 24 9,595 9,861 Building leasehold improvements at fair value Leasehold improvements 28,268 28,270 - - - - 28,268 28,270 Total leasehold improvements at fair value 28,268 28,270 - - - - 28,268 28,270 Building leasehold at fair value Building leasehold 16,053 11,414 - - 16,053 11,414 - - Total building leasehold at fair value 16,053 11,414 - - 16,053 11,414 - - Total property, plant, equipment and infrastructure at fair value 1,410,596 1,241,265 - - 388,098 353,862 1,022,498 887,403
(i) Classified in accordance with the fair value hierarchy. (ii) Vehicles are categorised to Level 3 assets as depreciated replacement cost is used in estimating fair value. DEDJTR Annual Report 2015-16 103 02 FINANCIAL PERFORMANCE
Note 10. (continued) Specialised land and specialised buildings Non-specialised land The market approach is also used for specialised and non-specialised buildings land, although it is adjusted for the community service obligation (CSO) to reflect the specialised Non-specialised land and non-specialised buildings nature of the land being valued. are valued using fair value. Under this valuation The CSO adjustment is a reflection of the valuer’s method, the assets are compared to recent assessment of the impact of restrictions associated comparable sales or sales of comparable assets with an asset to the extent that is also equally which are considered to have nominal or no added applicable to market participants. This approach improvement value. is in light of the highest and best use consideration For non-specialised land and non-specialised required for fair value measurement, and takes buildings, an independent valuation was performed into account the use of the asset that is physically by the Valuer-General Victoria (VGV) at 30 June possible, legally permissible, and financially feasible. 2016 of the agriculture assets (Public Safety and As adjustments of CSO are considered as significant Environment sector) to determine the fair value using unobservable inputs, specialised land would be the market approach. Valuation of the assets was classified as Level 3 assets. determined by analysing comparable sales The income approach is also used for land and and allowing for share, size, topography, location, buildings as a valuation technique that converts and other relevant factors specific to the asset future amounts (e.g. cash flows or income and being valued. From the sales analysed, an expenses) to a single current (i.e. discounted) appropriate rate per square metre has been amount. The fair value measurement is determined applied to the subject asset. The effective date on the basis of the value indicated by current of the valuation for Public Administration sector market expectations about those future amounts was 30 June 2012. For the Transport and Communications sector the effective date For the public administration output group, of the valuation was 30 June 2015. the majority of specialised buildings are valued using the depreciated replacement cost method. To the extent that non-specialised land and non- As the depreciation adjustments are considered specialised buildings do not contain significant, as significant, unobservable inputs in nature, unobservable adjustments, these assets are specialised buildings are classified as Level 3 fair classified as Level 2 under the market approach. value measurements. For the Transport sector The next General Public Services independent asset output group, the majority of specialised buildings revaluation will be performed in 2017. are valued using the market approach, adjusted for the associated depreciation and allowance for the buildings restricted use. As restricted use adjustments are considered as significant, unobservable inputs in nature, specialised buildings are classified as Level 3 fair value measurements.
An independent valuation of agriculture specialised land and specialised buildings was performed by the VGV. The valuation was performed using the market approach adjusted for CSO. The effective date of the valuation was 30 June 2016.
Plant and equipment Plant and equipment is held at fair value. When plant and equipment is specialised in use, such that it is rarely sold other than as part of a going concern, fair value is determined using the depreciated replacement cost method. There were no changes in valuation techniques throughout the period to 30 June 2016. For all assets measured at fair value, the current use is considered the highest and best use.
104 DEDJTR Annual Report 2015-16 Heritage, structures Historic and cultural assets and infrastructure assets Cultural assets (artworks) are valued using the Heritage, structures and infrastructure assets depreciated replacement method in the Public are valued using the depreciated replacement Administration and Transport sectors where cost method. This cost represents the replacement research of similar examples in existence in cost of the asset after applying depreciation rates Australia was conducted and an estimated cost on a useful life basis. Replacement costs relate for replacement was established. Depreciation to costs to replace the current service capacity from this value was then attributed to the asset. of the asset. Economic obsolescence has also For the Public Safety and Environment sector, been factored into the depreciated replacement cultural and historic assets are valued using the cost calculation. market approach. Under this valuation method, the historic and cultural assets are determined Where it has not been possible to examine hidden by a comparison to similar examples of the artist’s works such as structural frames and floors, the use work in existence throughout Australia and research of reasonable materials and methods of construction on prices paid for similar examples offered at have been assumed bearing in mind the age auction or through art galleries in recent years. and nature of the building. The estimated cost of reconstruction including structure services To the extent that public safety and environment and finishes, also factors in any heritage artwork and historic assets do not contain classifications as applicable. significant, unobservable adjustments, these assets An independent valuation of Public Administration are classified as Level 2 under the market approach. sector’s heritage assets and infrastructure was For Transport and Public Administration sector performed by the VGV. The valuation was performed as depreciated replacement cost is considered based on the depreciated replacement cost as significant, unobservable inputs in nature, of the assets. The effective date of the valuation specialised buildings are classified as Level 3 fair was 30 June 2012. An independent valuation value measurements. of Transport sector’s infrastructure was performed An independent valuation of the Public Safety by the VGV. The valuation was performed based and Environment’s sector artwork and historic on the depreciated replacement cost of the assets. assets was performed by the VGV. The effective The effective date of the valuation is 30 June 2015. date of the valuation is 30 June 2011. An independent An independent valuation of Public Safety and valuation of Transport sector’s artwork and historic Environment sector’s structures was performed assets was performed by the VGV. The valuation by the VGV. The valuation was performed based was performed based on the depreciated on the depreciated replacement cost of the assets. replacement cost of the assets. The effective date The effective date of the valuation was 30 June 2016. of the valuation is 30 June 2015. An independent Motor vehicles under finance lease valuation of the Public Administration sector’s heritage assets was performed by the VGV Vehicles are valued using the depreciated cost as at 30 June 2012. The valuation was performed method. The department acquires new vehicles based on the depreciated replacement cost and at times disposes of them before the end of their of the assets. economic life. The process of acquisition, use and disposal in the market is managed by experienced fleet managers who set relevant depreciation rates during use to reflect the utilisation of the vehicles. As depreciated replacement cost is considered as significant, unobservable inputs in nature, motor vehicles under finance lease are classified as Level 3 fair value measurements.
DEDJTR Annual Report 2015-16 105 02 FINANCIAL PERFORMANCE
Note 10. (continued) Reconciliation of Level 3 fair value
($ thousand) ($ thousand)
Specialised Plant and Specialised buildings and equipment and Cultural Leasehold land structures vehicles Infrastructure assets improvements Total
2016
Opening balance 332,798 420,085 44,707 51,681 9,860 28,272 887,403
Purchases 42,632 609 13,241 - 169 1,364 58,015
Disposals (9,619) (134) (2,030) - - - (11,783)
Transfers in/(out) of Level 3 - assets classified as held for sale (20,694) - (277) - - - (20,971)
Transfers in/(out) - free of charge 75 (250) 83 - - - (92)
Transfers in/(out) - government transfers - - - 4,162 - - 4,162
Transfer between classes - 45,283 (433) 396 - 6,635 51,881
Transfers in/(out) via contributed capital 33,406 - (457) 285 - (3,477) 29,757
Subtotal 45,800 45,508 10,127 4,843 169 4,522 110,969
Gains or losses recognised in net result
Depreciation - (23,429) (12,774) (1,215) (434) (4,526) (42,378)
Impairment ------
Recognition/(derecognition), (write-down) of assets ------
Subtotal - (23,429) (12,774) (1,215) (434) (4,526) (42,378)
Gains or losses recognised in other economic flows – other comprehensive income
Revaluation 63,351 3,153 - - - - 66,504
Sub-total 63,351 3,153 - - - - 66,504
Closing balance 30 June 2016 441,949 445,317 42,060 55,309 9,595 28,268 1,022,498
106 DEDJTR Annual Report 2015-16 Note 10. (continued) Reconciliation of Level 3 fair value
($ thousand) ($ thousand)
Specialised Plant and Specialised buildings and equipment and Cultural Leasehold land structures vehicles Infrastructure assets improvements Total
2016
Opening balance 332,798 420,085 44,707 51,681 9,860 28,272 887,403
Purchases 42,632 609 13,241 - 169 1,364 58,015
Disposals (9,619) (134) (2,030) - - - (11,783)
Transfers in/(out) of Level 3 - assets classified as held for sale (20,694) - (277) - - - (20,971)
Transfers in/(out) - free of charge 75 (250) 83 - - - (92)
Transfers in/(out) - government transfers - - - 4,162 - - 4,162
Transfer between classes - 45,283 (433) 396 - 6,635 51,881
Transfers in/(out) via contributed capital 33,406 - (457) 285 - (3,477) 29,757
Subtotal 45,800 45,508 10,127 4,843 169 4,522 110,969
Gains or losses recognised in net result
Depreciation - (23,429) (12,774) (1,215) (434) (4,526) (42,378)
Impairment ------
Recognition/(derecognition), (write-down) of assets ------
Subtotal - (23,429) (12,774) (1,215) (434) (4,526) (42,378)
Gains or losses recognised in other economic flows – other comprehensive income
Revaluation 63,351 3,153 - - - - 66,504
Sub-total 63,351 3,153 - - - - 66,504
Closing balance 30 June 2016 441,949 445,317 42,060 55,309 9,595 28,268 1,022,498
DEDJTR Annual Report 2015-16 107 02 FINANCIAL PERFORMANCE
Note 10. (continued) Reconciliation of Level 3 fair value (continued)
($ thousand) ($ thousand)
Specialised Plant and Specialised buildings and equipment and Cultural Leasehold land structures vehicles Infrastructure assets improvements Total
Opening balance 7,800 5,989 4,197 64,036 - 15,947 97,969
Purchases 5,617 30 12,884 - - 1,729 20,260
Disposals - - (1,185) - - - (1,185)
Transfers in/(out) of Level 3 – assets classified as held for sale (16,819) - (352) - - - (17,171)
Transfers in/(out) – free of charge 1,750 - (59) - - - 1,691
Transfers in/(out) – government transfers 330,772 417,728 38,398 10,997 9,874 10,153 817,922
Transfer between classes - 9,938 (1,065) 967 16 3,727 13,583
Transfers in/(out) via contributed capital (12,079) - (252) (37,459) - - (49,790)
Subtotal 309,241 427,696 48,369 (25,495) 9,890 15,609 785,310
Gains or losses recognised in net result
Depreciation - (13,613) (8,118) (1,266) (286) (3,284) (26,567)
Impairment - - 2 - - - 2
Recognition/(derecognition), (write-down) of assets - - (66) - - - (66)
Subtotal - (13,613) (8,182) (1,266) (286) (3,284) (26,631)
Gains or losses recognised in other economic flows – other comprehensive income
Revaluation 15,757 13 323 14,406 256 - 30,755
Sub-total 15,757 13 323 14,406 256 - 30,755
Closing balance 30 June 2015 332,798 420,085 44,707 51,681 9,860 28,272 887,403
108 DEDJTR Annual Report 2015-16 Note 10. (continued) Reconciliation of Level 3 fair value (continued)
($ thousand) ($ thousand)
Specialised Plant and Specialised buildings and equipment and Cultural Leasehold land structures vehicles Infrastructure assets improvements Total
Opening balance 7,800 5,989 4,197 64,036 - 15,947 97,969
Purchases 5,617 30 12,884 - - 1,729 20,260
Disposals - - (1,185) - - - (1,185)
Transfers in/(out) of Level 3 – assets classified as held for sale (16,819) - (352) - - - (17,171)
Transfers in/(out) – free of charge 1,750 - (59) - - - 1,691
Transfers in/(out) – government transfers 330,772 417,728 38,398 10,997 9,874 10,153 817,922
Transfer between classes - 9,938 (1,065) 967 16 3,727 13,583
Transfers in/(out) via contributed capital (12,079) - (252) (37,459) - - (49,790)
Subtotal 309,241 427,696 48,369 (25,495) 9,890 15,609 785,310
Gains or losses recognised in net result
Depreciation - (13,613) (8,118) (1,266) (286) (3,284) (26,567)
Impairment - - 2 - - - 2
Recognition/(derecognition), (write-down) of assets - - (66) - - - (66)
Subtotal - (13,613) (8,182) (1,266) (286) (3,284) (26,631)
Gains or losses recognised in other economic flows – other comprehensive income
Revaluation 15,757 13 323 14,406 256 - 30,755
Sub-total 15,757 13 323 14,406 256 - 30,755
Closing balance 30 June 2015 332,798 420,085 44,707 51,681 9,860 28,272 887,403
DEDJTR Annual Report 2015-16 109 02 FINANCIAL PERFORMANCE
Note 10. (continued) Description of significant unobservable inputs to Level 3 valuations for 2016 and 2015
2016 and 2015
Valuation Significant Asset class technique (i) unobservable inputs (i)
Specialised land Market approach Community service obligation (CSO) adjustment
Income cash flow Present value discount rate of 4.5%
Specialised/heritage buildings Depreciated Direct cost replacement cost per square metre
Useful life of specialised buildings
Vehicles Depreciated Cost replacement cost per unit
Useful life of vehicle
Plant & equipment Depreciated Cost replacement cost per unit
Useful life of plant and equipment
Infrastructure Depreciated Cost replacement cost per unit
Useful life of infrastructure
Cultural assets Depreciated Cost replacement cost per unit
Useful life of infrastructure
Specialised structures Depreciated Cost replacement cost per unit
Useful life of infrastructure
Leasehold improvements Depreciated Cost replacement cost per unit
Useful life of leasehold improvements
(i) Illustrations on the valuation techniques, significant unobservable inputs and related quantitative range of those inputs are indicative and should not be directly used without consultation with the department’s independent valuer.
110 DEDJTR Annual Report 2015-16 Note 11. Biological assets The department recognises breeding livestock as biological assets.
By head count
2016 2015
Breeding livestock: pigs, sheep and cattle 10,538 6,984
Reconciliation of carrying amount
($ thousand)
Note 2016 2015
Movements in carrying amounts of breeding livestock
Balance at 1 July 1,730 -
Transfer from the Department of Justice and Regulation 364 1,845
Decrease attributable to sales 7(A) (645) (800)
Increase due to purchases 45 257
Gain arising from changes in fair value 7(A) 575 525 of biological assets
Decrease attributable to demise 7(A) (80) (97)
Balance at 30 June 1,989 1,730
Fair value measurement
($ thousand)
Level 2 Carrying fair value Carrying amount measurement amount 30 June 2016 30 June 2016 30 June 2015
Breeding livestock: pigs, sheep and cattle 1,989 1,989 1,730
Total biological assets 1,989 1,989 1,730
Breeding livestock are carried at fair value. Fair value is based on relevant market indicators which include store cattle prices, abattoir market prices, and cattle prices received/quoted for the department’s cattle at the reporting date. Prices for cattle generally reflect the shorter term spot prices available in the market place and vary depending on the weight and condition of the animal.
To the extent that livestock do not contain significant, unobservable adjustments, these biological assets are classified as Level 2 under the market approach. Refer to Note 1(B) for the fair value hierarchy.
There have been no transfers between levels and no changes to valuation techniques throughout the reporting period.
DEDJTR Annual Report 2015-16 111 02 FINANCIAL PERFORMANCE
Note 12. Intangible assets
($ thousand)
Computer software Other Total
Note 2016 2015 2016 2015 2016 2015
Gross carrying amount
Opening balance 24,526 18,324 53,848 20,598 78,374 38,922
Additions - 3,018 341 327 341 3,345
Machinery-of-government transfers - 33,254 - 32,923 - 66,177
Disposals 7(A) - (8,434) (3,962) - (3,962) (8,434)
Impairment 7(A) - (22,053) - - - (22,053)
Transfers between classes - 417 - - - 417
Closing balance 24,526 24,526 50,227 53,848 74,753 78,374
Accumulated amortisation
Opening balance (15,928) (2,690) (303) - (16,231) (2,690)
Amortisation 6(B) (3,082) (5,519) - (64) (3,082) (5,583)
Machinery-of-government transfers - (22,686) - (239) - (22,925)
Disposals 7(A) - 7,351 - - - 7,351
Impairment 7(A) - 7,642 - - - 7,642
Transfers between classes 91 (26) (106) - (15) (26)
Closing balance (18,919) (15,928) (409) (303) (19,328) (16,231)
Net book value at end of financial year 5,607 8,598 49,818 53,545 55,425 62,143
Other intangible assets Other intangible assets include deferred expenditure of $17.301 million at 30 June 2016 (2015: $20.977 million) for the development of Parkville Gardens by Major Projects Victoria. The value for the development of Parkville Gardens is progressively expensed in line with the sale of properties. Parkville Gardens Development was tested for impairment at 30 June 2016 (2015: nil) and no write-down was charged to the net result.
Other intangibles also include $32.7 million which represents the difference between the state’s payment to La Trobe University for a 25 year lease term for the Biosciences Research Centre and the market value of that rental.
112 DEDJTR Annual Report 2015-16 Note 12. Intangible assets
($ thousand)
Computer software Other Total
Note 2016 2015 2016 2015 2016 2015
Gross carrying amount
Opening balance 24,526 18,324 53,848 20,598 78,374 38,922
Additions - 3,018 341 327 341 3,345
Machinery-of-government transfers - 33,254 - 32,923 - 66,177
Disposals 7(A) - (8,434) (3,962) - (3,962) (8,434)
Impairment 7(A) - (22,053) - - - (22,053)
Transfers between classes - 417 - - - 417
Closing balance 24,526 24,526 50,227 53,848 74,753 78,374
Accumulated amortisation
Opening balance (15,928) (2,690) (303) - (16,231) (2,690)
Amortisation 6(B) (3,082) (5,519) - (64) (3,082) (5,583)
Machinery-of-government transfers - (22,686) - (239) - (22,925)
Disposals 7(A) - 7,351 - - - 7,351
Impairment 7(A) - 7,642 - - - 7,642
Transfers between classes 91 (26) (106) - (15) (26)
Closing balance (18,919) (15,928) (409) (303) (19,328) (16,231)
Net book value at end of financial year 5,607 8,598 49,818 53,545 55,425 62,143
Other intangible assets Other intangible assets include deferred expenditure of $17.301 million at 30 June 2016 (2015: $20.977 million) for the development of Parkville Gardens by Major Projects Victoria. The value for the development of Parkville Gardens is progressively expensed in line with the sale of properties. Parkville Gardens Development was tested for impairment at 30 June 2016 (2015: nil) and no write-down was charged to the net result.
Other intangibles also include $32.7 million which represents the difference between the state’s payment to La Trobe University for a 25 year lease term for the Biosciences Research Centre and the market value of that rental.
DEDJTR Annual Report 2015-16 113 02 FINANCIAL PERFORMANCE
Note 13. Non-financial physical assets classified as held for sale including disposal group assets and directly associated liabilities
(a) Non-financial physical assets including disposal group assets classified as held for sale ($ thousand)
2016 2015
Current assets
Land held for sale 41,455 16,819
Plant, equipment and other assets held for sale - 186
Leased motor vehicles held for sale 277 41
Total 41,732 17,046
(b) Liabilities directly associated with assets classified as held for sale including disposal groups ($ thousand)
2016 2015
Current liabilities
Finance lease liabilities – motor vehicles 201 33
Total 201 33
(c) Fair value measurement of non-financial physical assets held for sale(1)
($ thousand) ($ thousand)
Fair value measurement at end of reporting period using:
Carrying Carrying amount as at amount as at Level 1 Level 2 Level 3
30 June 2016 30 June 2015 2016 2015 2016 2015 2016 2015
Current assets
Land held for sale 41,455 16,819 - - - - 41,455 16,819
Plant, equipment and other assets held for sale - 186 - - - - - 186
Leased motor vehicles held for sale 277 41 - - - - 277 41
Total 41,732 17,046 - - - - 41,732 17,046
1 Classified in accordance with the fair value hierarchy, refer Note 1(M).
114 DEDJTR Annual Report 2015-16 (c) Fair value measurement of non-financial physical assets held for sale(1)
($ thousand) ($ thousand)
Fair value measurement at end of reporting period using:
Carrying Carrying amount as at amount as at Level 1 Level 2 Level 3
30 June 2016 30 June 2015 2016 2015 2016 2015 2016 2015
Current assets
Land held for sale 41,455 16,819 - - - - 41,455 16,819
Plant, equipment and other assets held for sale - 186 - - - - - 186
Leased motor vehicles held for sale 277 41 - - - - 277 41
Total 41,732 17,046 - - - - 41,732 17,046
1 Classified in accordance with the fair value hierarchy, refer Note 1(M).
DEDJTR Annual Report 2015-16 115 02 FINANCIAL PERFORMANCE
Note 14. Inventories ($ thousand)
Note 2016 (i) 2015
Current inventories
Consumables and farm produce 1(L) 203 412
Total inventories 203 412
(i) Balance refers to consumable stores relating to the agriculture division.
Note 15. Payables ($ thousand)
Note 2016 (i) 2015
Current payables
Contractual
Amounts payable to other government agencies (i) 22 899,609 846,458
Other payables (ii) 22 319,249 182,142
1,218,858 1,028,600
Statutory
Other payables 3,916 8,622
Total current payables 1,222,774 1,037,222
Non-current payables
Contractual
Other payables 22 1,080 52,983
Total non-current payables 1,080 52,983
Total payables 1,223,854 1,090,205
(i) Terms and conditions of amounts payable to other government agencies vary according to a particular agreement with that agency. (ii) The average credit period is 30 days. Interest is not charged on late payments.
Maturity analysis of contractual payables Refer to Note 22 for the ageing analysis of contractual payables.
Nature and extent of risk arising from contractual payables Refer to Note 22 for the nature and extent of risks arising from contractual payables.
116 DEDJTR Annual Report 2015-16 Note 16. Borrowings ($ thousand)
Note 2016 (i) 2015
Current borrowings
Finance lease liabilities (i) 19 8,878 10,368
Advances from government (ii) 71,897 20,585
Derivative financial instrument(iii) 564 -
Total current borrowings 81,339 30,953
Non-current borrowings
Finance lease liabilities (i) 19 310,367 252,401
Total non-current borrowings 310,367 252,401
Total borrowings 22 391,706 283,354
(i) Secured by the leased assets predominately commissioned PPS (refer Note 19). (ii) Advances from government are unsecured loans which bear no interest. The terms of the loans are generally agreed by the minister at the time the advance is provided. (iii) Movement in foreign exchange rate from December 2015 to June 2016; payable to Treasury Corporation of Victoria (TCV).
Maturity analysis of interest borrowings Refer to Note 22 for the ageing analysis of borrowings.
Nature and extent of risk arising from borrowings Refer to Note 22 for the nature and extent of risks arising from borrowings.
Defaults and breaches During the current and prior year, there were no defaults and breaches of loans.
DEDJTR Annual Report 2015-16 117 02 FINANCIAL PERFORMANCE
Note 17. Provisions
(A) Employee provisions ($ thousand)
2016 2015
Current provisions
Employee benefits(i)
Annual leave
- Unconditional and expected to wholly settle within 12 months(ii) 17,541 26,451
- Unconditional and expected to wholly settle after 12 months(iii) 11,641 4,010
Long service leave
- Unconditional and expected to wholly settle within 12 months(ii) 2,856 25,102
- Unconditional and expected to wholly settle after 12 months(iii) 52,352 32,511
84,390 88,074
Provisions related to employee benefit on-costs
– Unconditional and expected to wholly settle within 12 months(ii) 6,260 8,524
– Unconditional and expected to wholly settle after 12 months(iii) 11,211 6,554
Other employee provisions 2,412 1,551
19,883 16,629
Total current provisions 104,273 104,703
Non-current provisions
Employee benefits (i) 14,583 8,033
Provisions related to employee benefit on-costs 2,404 804
Total non-current provisions 16,987 8,837
Total provisions 121,260 113,540
Employee benefits and related on-costs
Current employee benefits
Annual leave entitlements 29,182 30,461
Unconditional long service leave entitlements 55,208 57,613
Performance incentive schemes 2,412 1,551
Non-current employee benefits
Conditional long service leave entitlements 14,583 8,033
Total employee benefits 101,385 97,658
Non-current provisions
Current on-costs 17,471 15,078
Non-current on-costs 2,404 804
Total on-costs 19,875 15,882
Total employee benefits and related on-costs 121,260 113,540
(i) Provisions for employee benefits consist of amounts for annual leave and long service leave accrued by employees, not including on-costs. (ii) Nominal amounts are disclosed. (iii) The amounts disclosed are discounted to present value.
118 DEDJTR Annual Report 2015-16 (B) Other provisions ($ thousand)
2016 2015
Land acquisition 31,588 58,113
Other 342 502
Total other provisions 31,930 58,615
Total provisions 153,190 172,155
(C) Movement in other provisions ($ thousand)
Land acquisition Other Total
2016 2016 2016
Opening balance 58,113 502 58,615
Acquisition of land and buildings (26,525) - (26,525)
Reduction in other provisions - (160) (160)
Closing balance 31,588 342 31,930
Current 31,588 342 31,930
Non-current - - -
Closing balance 31,588 342 31,930
2015 2015 2015
Opening balance - - -
Additions due to machinery-of-government changes 58,113 502 58,615
Closing balance 58,113 502 58,615
Current 58,113 502 58,615
Non-current - - -
Closing balance 58,113 502 58,615
DEDJTR Annual Report 2015-16 119 02 FINANCIAL PERFORMANCE
Note 18. Superannuation Employees of DEDJTR are entitled to receive superannuation benefits and DEDJTR contributes to both defined benefit and defined contribution plans. The defined benefit plans provide benefits based on years of service and final average salary.
DEDJTR does not recognise any defined benefit liability in respect of the plans because the entity has no legal or constructive obligation to pay future benefits relating to its employees; its only obligation is to pay superannuation contributions as they fall due. DTF recognises and discloses the state’s defined benefit liabilities in its financial statements.
However, superannuation contributions paid or payable for the reporting period are included as part of employee benefits in the comprehensive operating statement of DEDJTR.
The name, details and amounts expensed in relation to the major employee superannuation funds and contributions made by DEDJTR are:
($ thousand)
Paid contribution Contributions outstanding for the year at year end(ii)
2016 2015 2016 2015
Fund
Defined benefit plans(i) (ii)
State Superannuation Fund – 4,322 4,499 - - revised and new
Defined contribution plans
VicSuper 17,608 13,904 - -
Other 7,757 5,049 - -
Total 29,687 23,452 - -
(i) The basis for determining the level of contributions is determined by the various actuaries of the defined benefit superannuation plans. (ii) The above amounts were measured as at 30 June of each year, or in the case of employer contributions they relate to the years ended 30 June.
120 DEDJTR Annual Report 2015-16 Note 19. Leases Leasing arrangements – Finance leases
Commissioned public private partnerships (PPPs) Royal Melbourne Showgrounds The state, represented by the former Department of Primary Industries has entered into a joint operation agreement with the Royal Agricultural Society of Victoria Limited (RASV) to redevelop the Royal Melbourne Showgrounds. The agreement came into effect on 30 June 2005. Two joint operation structures were established, an unincorporated joint operation to carry out and deliver the joint operation project, and an incorporated joint operation entity, Showgrounds Nominees Pty Ltd to hold the assets of the joint operation and to enter into agreements on behalf of the state and RASV.
In June 2006, Showgrounds Nominees Pty Ltd entered into a Development and Operations Agreement (on behalf of the state and RASV) with the Concessionaire, PPP Solutions (Showgrounds) Nominee Pty Ltd to design, construct, finance and maintain the new facilities at the showgrounds. The project operation term is 25 years from the date of commercial acceptance of completed works, which occurred in August 2006. The showgrounds buildings will revert to the joint operation on the conclusion of the lease arrangement.
The payments that relate to the redevelopment of the showgrounds are accounted for as a finance lease as disclosed in the table below. In addition, the department also pays operating and maintenance costs.
Biosciences Research Centre In April 2008, the state, represented by the former Department of Primary Industries entered into a joint operation agreement with La Trobe University (La Trobe) to establish a world class research facility known as AgriBio, Centre for AgriBioscience.
On 30 April 2009, Biosciences Research Centre Pty Ltd entered into a Project Agreement (on behalf of the state and La Trobe) with Plenary Research Pty Ltd (the Concessionaire) to design, construct, finance and maintain a facility over the project’s operating term. The project’s operating term is 25 years from the date of commercial acceptance, which occurred on 18 July 2012.
The service fee payments that relate to the project facility are accounted for as a finance lease as disclosed in the following table. In addition, the department also pays operating and maintenance costs.
Commissioned PPPs related finance lease liabilities payable
($ thousand)
Minimum future Present value of minimum lease payments(i) future lease payments
2016 2015 2016 2015
Royal Melbourne Showgrounds
Not longer than one year 5,724 5,724 1,347 1,213
Longer than one year but no later than 22,897 22,897 6,927 6,241 five years
Longer than five years 58,028 63,752 36,320 38,276
Biosciences Research Centre
Not longer than one year 23,033 19,423 367 1,761
Longer than one year but no later than 98,039 80,721 8,440 12,380 five years
Longer than five years 472,028 353,779 249,680 186,671
679,749 546,296 303,081 246,542
DEDJTR Annual Report 2015-16 121 02 FINANCIAL PERFORMANCE
Note 19. (continued) Leasing arrangements - finance leases (continued) Finance leases entered into by DEDJTR include Royal Melbourne Showgrounds, Biosciences Research Centre and motor vehicles.
($ thousand)
Minimum future Present value of minimum lease payments(i) future lease payments
Note 2016 2015 2016 2015
Finance lease liabilities payable (including PPPs)
Not longer than one year 36,171 33,028 8,904 10,368
Longer than one year and not longer 130,435 112,539 24,341 27,453 than five years
Longer than five years 530,056 416,136 286,000 224,948
Minimum lease payments(i) 696,662 561,703 319,245 262,769
Less future finance charges (377,417) (298,934) - -
Present value of minimum lease 319,245 262,769 319,245 262,769 payments
Included in the financial statements as:
Current borrowings 16 - - 8,878 10,368
Non-current borrowings 16 - - 310,367 252,401
Total interest bearing liabilities - - 319,245 262,769
(i) Minimum future lease payments include the aggregate of all lease payments and any guaranteed residual, including 100 per cent of the joint venture (Biosciences Research Centre) finance lease liability, as La Trobe University extinguished its financial obligation during 2015-16.
Lessee – Operating leases Leasing arrangements Operating leases mainly relate to accommodation with lease terms of between two and 20 years. All operating lease contracts contain market review clauses in the event the department exercises its option to renew. The department does not have an option to purchase the leased asset at the expiry of the lease period.
($ thousand)
2016 2015
Non-cancellable operating leases
Not longer than one year 36,160 35,739
Longer than one year but not longer than five years 111,786 127,350
Longer than five years 30,055 63,463
Non-cancellable operating leases (inclusive of GST) 178,001 226,552 less GST recoverable from the ATO(i) (16,182) (20,144)
Non-cancellable operating leases (exclusive of GST) 161,819 206,408
(i) GST is not applicable to leases relating to overseas offices, which are included in this note.
122 DEDJTR Annual Report 2015-16 Note 20. Commitments for expenditure The following commitments have not been recognised as liabilities in the financial statements.
Controlled commitments are payable as follows:
(A) Commitments other than public private partnerships (PPPs) Finance lease liabilities and non-cancellable operating lease commitments are disclosed in Note 19 to the financial statements.
Capital expenditure commitments ($ thousand)
2016 2015
Capital expenditure commitments include contracts for capital projects relating to infrastructure:
Not longer than one year 1,916,101 55,810
Longer than one year but not longer than five years 1,599,366 51,543
Longer than five years 46,311 22
Capital expenditure commitments (inclusive of GST) 3,561,778 107,375 less GST recoverable from the ATO (323,798) (9,761)
Capital expenditure commitments (exclusive of GST) 3,237,980 97,614
Other operating commitments ($ thousand)
2016 2015
Commitments under outsourcing contracts for information technology and internal audit services at the reporting date but not recognised as liabilities, and other agriculture commitments for operating maintenance and life cycle costs are payable:
Not longer than one year 24,527 8,428
Longer than one year but not longer than five years 19,247 9,206
Longer than five years 637 -
Other operating commitments (inclusive of GST) 44,411 17,634 less GST recoverable from the ATO (4,037) (1,603)
Other operating commitments (exclusive of GST) 40,374 16,031
Grant commitments ($ thousand)
2016 2015
Commitments for the payment of grants under long-term contracts in existence at the reporting date but not recognised as liabilities and are payable:
Not longer than one year 331,950 321,691
Long than one year but not longer than five years 227,706 303,497
Longer than five years 20,519 14,003
Grant commitments (inclusive of GST) 580,175 639,191 less GST recoverable from the ATO (52,743) (58,108)
Grant commitments (exclusive of GST) 527,432 581,083
DEDJTR Annual Report 2015-16 123 02 FINANCIAL PERFORMANCE
Note 20. (continued)
(A) Commitments other than PPPs (continued) Major Projects Victoria
($ thousand)
2016 2015
Commitments for payments under contract in relation to projects in existence at the reporting date but not recognised as liabilities and are payable:
Not longer than one year 121,509 68,306
Long than one year but not longer than five years 156,444 5,994
Longer than five years - 1,597
Major Projects Victoria (inclusive of GST) 277,953 75,897 less GST recoverable from the ATO (25,268) (6,900)
Major Projects Victoria (exclusive of GST) 252,685 68,997
(B) Public private partnerships (PPPs) commitments Commissioned PPPs – other operating commitments (i)
($ thousand)
Nominal value Net present value
2016 2015 2016 2015
Royal Melbourne Showgrounds (ii) 19,709 20,649 11,613 11,703
Biosciences Research Centre (iii) (iv) 298,254 310,518 120,674 123,562
Total 317,963 331,167 132,287 135,265 less GST recoverable from the ATO (28,906) (30,106) (12,026) (12,297)
Operating expenditure commitments 289,057 301,061 120,261 122,968 (exclusive of GST)
(i) Other commitments relate to operating maintenance and life cycle costs. (ii) The figures represent 50 per cent of the total commitment under the terms of the joint arrangement with Royal Melbourne Showgrounds. (iii) The figures represent 100 per cent of the operating commitment, and 25 per cent of the general operating costs recouped from La Trobe University. (iv) Other operating commitments for the Biosciences Research Centre exclude pass through costs related to utilities, waste management and insurance on the basis that they are variable in nature and cannot be reliably estimated.
Commissioned PPPs – commitments aging
($ thousand)
2016 2015
Public private partnership commitments
Not later than one year 8,683 9,334
Later than one year but no later than five years 45,676 38,012
Later than five years 263,604 283,821
Total public private partnership commitments 317,963 331,167 less GST recoverable from the ATO (28,906) (30,106)
Operating expenditure commitments (exclusive of GST) 289,057 301,061
124 DEDJTR Annual Report 2015-16 Note 21. Contingent assets and liabilities Contingent liabilities ($ thousand)
2016 2015
Legal disputes 656 350
Personal injury 480 430
Financial guarantee 307 307
Mining rehabilitation - 152
Total 1,443 1,239
Non-quantifiable contingent liabilities voluntary Public acquisition overlays for the future purchase scheme development of rail and road infrastructure The state has introduced a voluntary purchase Public acquisition overlays are in place in order to scheme for residential properties directly impacted reserve certain areas of land for future development by the Caulfield-Dandenong level crossing removal of rail and road infrastructure. Under section 98 project. The scheme commenced on 29 March 2016. of the Planning and Environment Act 1987, the state The Level Crossing Removal Authority is anticipating has a legislative responsibility to compensate eligible future claims by property owners for either outright land and property owners who face either: purchase and associated costs or costs related to landscaping if property owners choose to stay. • loss on sale – an eligible landowner is entitled Due to the uncertainty of the take-up of the offer, to compensation for the incremental loss on sale it is not feasible to quantify the value of the liability when a property affected by a public acquisition at this stage. overlay is sold for less than its market value, or
Compulsory property acquisition • financial loss – the entitlement to financial loss compensation is triggered when a development The state has compulsorily acquired a number permit is refused because the property is required of properties (residential and commercial) through for a public purpose. the Land Acquisition and Compensation Act 1986 Compensation and purchase claims occur to facilitate delivery of various transport projects. as a result of claims by land owners. The future Possible future claims for compensation arising liability depends on factors including the number from the compulsory acquisition of these properties of claims received and the prevailing value of land cannot be quantified at this stage. at the time the claim is made, which cannot be reliably quantified.
DEDJTR Annual Report 2015-16 125 02 FINANCIAL PERFORMANCE
Note 21. (continued) Note 22. Financial instruments Non-quantifiable contingent liabilities – joint arrangements (A) Financial risk management Royal Melbourne Showgrounds objectives and policies DEDJTR’s activities expose it primarily to the Under the State Support Deed – Core Land, the state financial risk of changes in interest rates. DEDJTR has undertaken to ensure the performance of the does not enter into derivative financial instruments payment obligations in favour of the Concessionaire to manage its exposure to interest rate. and the performance of the joint operation financial obligations in favour of the security trustee. DEDJTR does not enter into or trade financial instruments, including derivative financial Under the state’s commitment to Royal Agricultural instruments, for speculative purposes. Society of Victoria (RASV), the state has agreed to support certain obligations of RASV that may arise DEDJTR’s principal financial instruments comprise: out of the Joint Operation Agreement. In accordance with the terms set out in the state commitment • cash assets to RASV, the state will pay (in the form of a loan), the • term deposits amount requested by RASV. If any outstanding loan • receivables (excluding statutory receivables) amount remains unpaid at the date which is 25 years after the commencement of the operation term • payables (excluding statutory payables) under the Development and Operation Agreement, • borrowings RASV will be obliged to satisfy and discharge each • finance lease liabilities payable. such outstanding loan amount. This may take the form of a transfer to the state, of the whole of the Details of the significant accounting policies RASV participating interest in the joint operation. and methods adopted, including the criteria for recognition, the basis of measurement, and the basis The state has also entered into an agreement on which income and expenses are recognised, with through the State Support Deed – Non-Core Land respect to each class of financial asset, financial with Showgrounds Retail Developments Pty Ltd liability and equity instrument above are disclosed and the RASV whereby the state agrees to support in Note 1 to the financial statements. certain payment obligations of RASV that may arise under the Non-Core Development Agreement. The main purpose in holding financial instruments is to prudentially manage DEDJTR’s financial risks Biosciences Research Centre within the government policy parameters. The service fee payment obligations of Biosciences DEDJTR uses different methods to measure and Research Centre Pty Ltd (on behalf of the joint manage the different risks to which it is exposed. operation participants) are supported by the State of Victoria via a State Support Deed. Under this The carrying amounts of DEDJTR’s contractual deed, the state ensures that the joint operation financial assets and financial liabilities by category participants have (severally) the financial are disclosed in Table 22.1. capacity to meet their payment obligations to the company, thereby enabling the company In December 2015, DEDJTR entered into a foreign to meet its obligations to pay the service fee to the exchange contract to hedge exposures to USD Concessionaire pursuant to the Project Agreement. payments to a third party, for the hosting The state underwrites the risk of any default by the of an international event in Melbourne. Biosciences Research Centre Pty Ltd.
126 DEDJTR Annual Report 2015-16 Table 22.1: Categorisation of financial instruments
($ thousand)
Contractual Contractual financial assets financial - loans and liabilities at receivables amortised cost Total
2016
Contractual financial assets
Cash and deposits 1,608,690 - 1,608,690
Receivables (i) 117,206 - 117,206
Investments 71 - 71
Total contractual financial assets 1,725,967 - 1,725,967
Contractual financial liabilities
Payables (i)
Supplies and services - 1,219,938 1,219,938
Borrowings - 319,245 319,245
Total contractual financial liabilities - 1,539,183 1,539,183
2015
Contractual financial assets
Cash and deposits 1,485,724 - 1,485,724
Receivables (i) 83,228 - 83,228
Investments 94 - 94
Total 1,569,046 - 1,569,046
Contractual financial liabilities
Payables (i)
Supplies and services - 1,081,583 1,081,583
Borrowings - 283,354 283,354
Total contractual financial liabilities - 1,364,937 1,364,937
(i) Receivables and payables disclosed above exclude statutory receivables (i.e. GST recoverable) and statutory payables (i.e. taxes payable).
DEDJTR Annual Report 2015-16 127 02 FINANCIAL PERFORMANCE
Note 22. (continued) Table 22.2: Net holding gain/(loss) on financial instruments by category
($ thousand)
Net holding Total interest gain/(loss) income/(expense) Total
2016
Contractual financial assets
Financial assets designated at fair value - 6,345 6,345
Total contractual financial assets - 6,345 6,345
Contractual financial liabilities
Financial liabilities at amortised cost - (21,460) (21,460)
Total contractual financial liabilities - (21,460) (21,460)
2015
Contractual financial assets
Financial assets designated at fair value - 6,179 6,179
Total contractual financial assets - 6,179 6,179
Contractual financial liabilities
Financial liabilities at amortised cost - (12,043) (12,043)
Total contractual financial liabilities - (12,043) (12,043)
The net holding gains or losses disclosed above are determined as follows:
• For cash and cash equivalents, loans • For financial liabilities measured at amortised or receivables, and available-for-sale financial cost, the net gain or loss is calculated by taking assets, the net gain or loss is calculated by taking the interest expense, and plus or minus foreign the movement in the fair value of the asset, exchange gains or losses arising from the the interest income, plus or minus foreign revaluation of financial liabilities measured exchange gains or losses arising from revaluation at amortised cost. of the financial assets, and minus any impairment recognised in the net result.
128 DEDJTR Annual Report 2015-16 (B) Credit risk DEDJTR mainly holds financial assets that are on fixed interest except for cash assets which Credit risk arises from the contractual financial are mainly cash at bank. As with the policy for assets of DEDJTR, which comprise cash and debtors, DEDJTR’s policy is to only deal with deposits, non-statutory receivables and available- domestic banks with high credit ratings. for-sale contractual financial assets. DEDJTR’s exposure to credit risk arises from the potential Provision for impairment for contractual financial default of the counter party on their contractual assets is recognised when there is objective evidence obligations resulting in financial loss to DEDJTR. that DEDJTR will not be able to collect a receivable. Credit risk is measured at fair value and is monitored Objective evidence includes financial difficulties on a regular basis. of the debtor, default payments, debts which are more than 60 days overdue, and changes in debtor Credit risk associated with DEDJTR’s financial assets credit ratings. is minimal because its main debtor is the Victorian Government. For debtors other than government, Except as otherwise detailed in the following table, it is DEDJTR’s policy to obtain sufficient collateral the carrying amount of financial assets recorded or credit enhancements where appropriate. in the financial statements, net of any allowances for losses, represents DEDJTR’s maximum exposure to credit risk without taking account of the value of any collateral obtained.
Table 22.3: Credit quality of contractual financial assets that are neither past due nor impaired.
($ thousand)
Government agencies Other (minimum BBB Internally rated (AAA credit rating) credit rating) bank deposits Other Total
2016
Cash and deposits 1,539,533 65,883 3,274 - 1,608,690
Receivables(i) 91,183 - - 26,023 117,206
Investments-equities - - - 71 71
Total contractual 1,630,716 65,883 3,274 26,094 1,725,967 financial assets
2015
Cash and deposits 1,421,626 61,996 2,102 - 1,485,724
Receivables(i) 39,611 - - 43,617 83,228
Investments-equities - - - 94 94
Total contractual 1,461,237 61,996 2,102 43,711 1,569,046 financial assets
(i) The carrying amounts disclosed exclude statutory receivables (e.g. amounts owing from the State of Victoria and GST recoverable)
Contractual financial assets that are either past There are no financial assets that have had their due or impaired terms renegotiated so as to prevent them from There are no material financial assets which are being past due or impaired, and they are stated individually determined to be impaired. Currently at the carrying amounts as indicated. DEDJTR does not hold any collateral as security Table 22.4 discloses the ageing of financial assets nor credit enhancements relating to any of its that are past due but not impaired. financial assets.
DEDJTR Annual Report 2015-16 129 02 FINANCIAL PERFORMANCE
Note 22. (continued) (D) Market risk DEDJTR’s exposures to market risk are primarily (C) Liquidity risk through interest rate risk with only insignificant Liquidity risk is the risk that DEDJTR would be unable exposure to foreign currency and other price risks. to meet its financial obligations as and when they Objectives, policies and processes used to manage fall due. DEDJTR operates under the government each of these risks are: fair payments policy of settling financial obligations Foreign currency risk within 30 days and in the event of a dispute, making payments within 30 days from the date of resolution. DEDJTR is exposed to minimal foreign currency risk through its payables relating to purchases DEDJTR’s maximum exposure to liquidity risk is the of supplies and consumables from overseas. carrying amounts of financial liabilities as disclosed in This is because of a limited amount of purchases the balance sheet. DEDJTR manages its liquidity risk by: denominated in foreign currencies and a short timeframe between commitment and settlement. • maintaining an adequate level of uncommitted funds that can be drawn at short notice to meet DEDJTR manages its risk through continuous its short term obligations monitoring of movements in exchange rates and ensures availability of funds through rigorous cash • holding investments and other contractual flow planning and monitoring. In December 2015, financial assets that are readily tradeable DEDJTR entered into hedging arrangements with in the financial markets TCV to manage its risk. • careful maturity planning of its financial obligations based on forecasts of future Interest rate risk cash flows Exposure to interest rate risk is insignificant and • a high credit rating for the State of Victoria might arise primarily through DEDJTR’s interest (Moody’s Investor Services & Standard & Poor’s bearing liabilities and assets. triple-A), which assists in accessing debt market at a lower interest rate. The only interest bearing liabilities and assets are the finance lease liabilities and term deposits. DEDJTR’s exposure to liquidity risk is deemed DEDJTR’s interest bearing assets are managed insignificant based on prior period’s data and by Treasury Corporation Victoria and any movement current assessment of risk. Maximum exposure in interest rates are monitored on a daily basis. to liquidity risk is the carrying amounts of financial liabilities as disclosed in the balance sheet. The carrying amounts of financial assets and financial liabilities that are exposed to interest Table 22.5 discloses the contractual maturity analysis rates are set out in Table 22.6. In addition, DEDJTR’s for DEDJTR’s contractual financial liabilities. sensitivity to interest rate risk is set out in Table 22.7.
130 DEDJTR Annual Report 2015-16 Sensitivity analysis disclosure A shift of +100 basis points (1%) per cent and – DEDJTR’s sensitivity to market risk is determined 100 basis points (1%) per cent in market interest based on the observed range of actual historical rates (AUD) from year-end rates. data for the preceding five year period, with all Table 22.7 discloses the impact on DEDJTR’s net variables other than the primary risk variable held result and equity for each category of financial constant. DEDJTR’s fund managers cannot be instrument held by DEDJTR at the end of the expected to predict movements in market rates reporting period as presented to key management and prices; sensitivity analyses are shown for personnel if the above movements were to occur. illustrative purposes only. The following movements are “reasonably possible” over the next 12 months:
Table 22.4: Ageing analysis of contractual financial assets
($ thousand)
Not past due and Less than Carrying amount not impaired 1 month 1-3 months 3-12 months 1-5 years
2016
Cash and deposits 1,608,690 1,608,690 - - - -
Receivables (i) 117,206 103,928 5,354 1,483 1,335 5,106
Investments 71 71 - - - -
Total 1,725,967 1,712,689 5,354 1,483 1,335 5,106
2015
Cash and deposits 1,485,724 1,485,724 - - - -
Receivables (i) 82,228 52,191 1,668 2,712 574 26,083
Investments 94 94 - - - -
Total 1,569,046 1,538,009 1,668 2,712 574 26,083
(i) The carrying amounts disclosed here exclude statutory receivables (e.g. amounts owing from Victorian Government and GST input tax credit recoverable).
Table 22.5: Maturity analysis of contractual financial liabilities(ii)
($ thousand)
Less than Carrying amount Nominal amount 1 month 1-3 months 3-12 months 1-5 years
2016
Payables (i) 1,219,938 1,219,938 1,213,738 5 4,791 1,404
Borrowings 319,245 696,662 2,997 5,993 27,181 660,491
Total 1,539,183 1,916,600 1,216,735 5,998 31,972 661,895
2015
Payables (i) 1,081,583 1,081,583 1,081,583 - - -
Borrowings 283,354 582,288 28,246 6,947 18,531 528,564
Total 1,364,937 1,663,871 1,109,829 6,947 18,531 528,564
(i) The carrying amounts disclosed exclude statutory payables (e.g. GST payables). (ii) Maturity analysis is presented using the contractual and discounted cash flow.
DEDJTR Annual Report 2015-16 131 02 FINANCIAL PERFORMANCE
Note 22. (continued) Table 22.6: Interest rate exposure of financial instruments
($ thousand)
Interest rate exposure
Weighted average Carrying Fixed Variable Non-interest interest rate amount interest rate interest rate bearing
2016
Financial assets
Cash and deposits 1.66% 1,608,690 16,007 285,826 1,306,857
Receivables (i) 117,206 - - 117,206
Investments 71 - - 71
Total financial assets 1,725,967 16,007 285,826 1,424,134
Financial liabilities
Payables 1,219,938 - - 1,219,938
Borrowings 8.57% 319,245 303,081 16,164 -
Total financial liabilities 1,539,183 303,081 16,164 1,219,938
2015
Financial assets
Cash and deposits 2.25% 1,485,724 15,720 275,515 1,194,489
Receivables (i) 83,228 - - 83,228
Investments 94 - - 94
Total financial assets 1,569,046 15,720 275,515 1,277,811
Financial liabilities
Payables 1,081,583 - - 1,081,583
Borrowings 7.47% 283,354 283,354 - -
Total financial liabilities 1,364,937 283,354 - 1,081,583
(i) The carrying amounts disclosed exclude statutory receivables and payables (e.g. amounts owing from Victorian Government, GST recoverable and GST payable).
132 DEDJTR Annual Report 2015-16 Table 22.7: Interest rate risk sensitivity
($ thousand)
Interest rate
-100 basis points +100 basis points
Available-for-sale Available-for-sale Carrying revaluation revaluation amount Net Result surplus Net result surplus
2016
Contractual financial assets
Cash and deposits 1,608,690 (2,858) - 2,858 -
Receivables 117,206 - - - -
Investments 71 - - - -
Total impact (2,858) - 2,858 -
Contractual financial liabilities
Payables 1,219,938 - - - -
Borrowings 319,245 162 - (162) -
Total impact 162 - (162) -
2015
Contractual financial assets
Cash and deposits 1,485,724 (2,755) - 2,755 -
Receivables 83,228 - - - -
Investments 94 - - - -
Total impact (2,755) - 2,755 -
Contractual financial liabilities
Payables 1,081,583 - - - -
Borrowings 283,354 - - - -
Total impact - - - -
(E) Fair value • Level 3 – the fair value is determined in accordance with generally accepted pricing The fair values and net fair values of financial models based on discounted cash flow analysis instrument assets and liabilities are determined using unobservable market inputs. as follows: DEDJTR considers that the carrying amount of • Level 1 – the fair value of financial instruments financial instrument assets and liabilities recorded in with standard terms and conditions and traded the financial statements to be a fair approximation in active liquid markets are determined with of their fair values, because of the short-term nature reference to quoted market prices of the financial instruments and the expectation that • Level 2 – the fair value is determined using they will be paid in full. inputs other than quoted prices that are observable for the financial asset or liability, either directly or indirectly
DEDJTR Annual Report 2015-16 133 02 FINANCIAL PERFORMANCE
Note 22. (continued) Table 22.8: Comparison between carrying amount and fair value
($ thousand)
Carrying Carrying amount Fair Value amount Fair Value
2016 2016 2015 2015
Contractual financial assets
Cash and deposits 1,608,690 1,608,690 1,485,724 1,485,724
Receivables (i) 117,206 117,206 83,228 83,228
Investments 71 71 94 94
Total contractual financial assets 1,725,967 1,725,967 1,569,046 1,569,046
Contractual financial liabilities
Payables (i)
- Supplies and services 1,219,938 1,219,938 1,081,583 1,081,583
Borrowings 319,245 319,245 283,354 283,354
Total contractual financial liabilities 1,539,183 1,539,183 1,364,937 1,364,937
(i) The carrying amounts exclude statutory amounts (e.g. amounts owing from government, GST input tax credit recoverable, and GST payable.
Table 22.9: Financial assets measured at fair value (ii)
($ thousand)
Carrying Fair value measurement at end amount of reporting period using:
Level 1 (i) Level 2(i) Level 3
2016
Financial assets at fair value
Cash and deposits 1,608,690 1,608,690 - -
Receivables 117,206 117,206 - -
Investments 71 71 - -
Total 1,725,967 1,725,967 - -
2015
Financial assets at fair value
Cash and deposits 1,485,724 1,485,724 - -
Receivables 83,228 83,228 - -
Investments 94 94 - -
Total 1,569,046 1,569,046 - -
(i) There is no difference between Level 1 and Level 2. (ii) The fair value hierarchies are disclosed by class of financial instrument.
There have been no transfers between levels during the period.
The fair value of the financial assets and liabilities is included at the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale.
134 DEDJTR Annual Report 2015-16 Note 23. Cash flow information
(A) Reconciliation of cash and cash equivalents For the purpose of the cash flow statement, cash includes cash-on-hand and in bank (including funds held in trust), net of outstanding bank overdrafts. Cash at the end of the financial year as shown in the cash flow statement is reconciled to the related items in the balance sheet as follows:
($ thousand)
Note 2016 2015
Cash and short term deposits(i) 69,157 61,114
Funds held in trust 28 1,539,533 1,424,610 (some trusts also have short term deposits
Balance as per cash flow statement 1,608,690 1,485,724
(i) Due to the State of Victoria’s investment policy and government funding arrangements, the department does not hold a large cash reserve in it bank accounts. Cash received by the department from the generation of income is generally paid into the state’s bank account, known as the Public Account. Similarly, any departmental expenditure, including those in the form of cheques drawn by the department for the payment of goods and services to its suppliers and creditors are made via the Public Account. The process is such that, the Public Account would remit to the department the cash required for the amount drawn on the cheques. This remittance by the Public Account occurs upon the presentation of the cheques by the department’s suppliers or creditors. The above funding arrangements often result in the department having a notional shortfall in the cash at bank required for payment of un-presented cheques at the reporting period. At 30 June 2016, cash at bank included the amount of a notional shortfall for the payment of un-presented cheques of $116,253 (2015: $984,125).
(B) Reconciliation of net result for the period
($ thousand)
2016 2015
Net result for the period 71,528 149,401
Non-cash movements
Loss on sale of disposal of non-current assets 9,330 42,433
Depreciation & amortisation of non-financial assets and intangible assets 46,071 29,592
Revaluation of biological assets (575) -
Impairment of non-current assets 24 -
Revaluation of forward FX contract 564 -
Resources provided free of charge or for nominal consideration (3,585) 1,597
Resources received free of charge or for nominal consideration 1,757 (1,798)
Extinguish joint venture obligations 74,992 -
Revaluation of long service leave liability 262 246
Unwinding of other provision (19,525) -
Movements in assets and liabilities
(Increase)/decrease in receivables (38,632) (283,442)
(Increase)/decrease in inventories 209 -
(Increase)/decrease in prepayments 793 6,708
Increase/(decrease) in payables 130,789 45,339
Increase/(decrease) in provisions 4,696 118,986
Net cash flows from/(used) in operating activities 278,698 109,062
DEDJTR Annual Report 2015-16 135 02 FINANCIAL PERFORMANCE
Note 24. Equity
(A) Contributed capital
($ thousand)
Note 2016 2015
Balance at beginning of financial year 2,298,113 780,721
Capital transactions with the state in its capacity as owner arising from:
Capital appropriations 4 2,140,839 958,313
Capital funding to agencies within portfolio (i) (1,457,855) (850,886)
Administrative restructure and other transfers – - 1,905,798 net assets received
Administrative restructure and other transfers – - (17,274) net assets transferred
Net assets transferred to other government entities (ii) (781,793) (478,559)
Net assets transferred from other government entities 21,118 -
Composite reporting of Linking Melbourne Authority 162,089 -
Balance at end of financial year 2,382,511 2,298,113
(i) Capital funding to agencies within portfolio
($ thousand)
2016 2015
Public Transport Victoria (873,461) (573,346)
VicRoads (246,647) (160,412)
VicTrack (270,609) (88,063)
Linking Melbourne Authority - (10,298)
Port of Hastings - (7,600)
Federation Square (4,109) (3,678)
Melbourne Olympic Park Trust (47,000) (3,390)
Victorian Arts Centre (9,453) (2,300)
State Sport Centres Trust - (1,320)
State Library of Victoria (1,950) (300)
Geelong Performing Arts (100) (100)
Taxi Services Commission (526) (79)
Museum Victoria (4,000) -
Total capital funding to agencies within portfolio (1,457,855) (850,886)
136 DEDJTR Annual Report 2015-16 (ii) Net assets transferred to other government entities
($ thousand)
2016 2015
VicTrack (777,453) (37,460)
Taxi Services Commission (3,476) -
Department of Treasury and Finance (864) (19,229)
Melbourne Market Authority - (386,642)
Department of Health and Human Services - (35,000)
Dockland Studios Melbourne - (228)
(781,793) (478,559)
(B) Accumulated surplus/(deficit) ($ thousand)
2016 2015
Balance at beginning of financial year 401,501 249,103
Net result for the year 71,528 149,401
Net transfer from physical asset revaluation surplus 4 2,997
Composite reporting of Linking Melbourne Authority (126,999) -
Balance at end of financial year 346,034 401,501
(C) Physical asset revaluation surplus ($ thousand)
2016 2015
Physical asset revaluation surplus (i)
Balance at beginning of financial year 5,202 25,650
Revaluation increment/(decrements) 96,618 (17,451)
Transfers to accumulated surplus (4) (2,997)
Balance at end of financial year 101,816 5,202
Net change in reserve 96,614 (20,448)
(i) The physical asset revaluation surplus arises from the revaluation of land, buildings, plant, equipment and cultural assets.
DEDJTR Annual Report 2015-16 137 02 FINANCIAL PERFORMANCE
Note 25. Administered (non-controlled) items In addition to the specific departmental operations which are included in the financial statements (comprehensive operating statement, balance sheet, statement of changes in equity and cash flow statement), the department administers or manages other activities and resources on behalf of the state. The transactions relating to these activities are reported as administered items (refer to Note 1(D)).
(A) Administered income and expenses
($ thousand) ($ thousand)
2016(i) 2016(i)
Tourism, major Creative events and Industry and industries international Employment Regional Energy and Major enterprise portfolio Note Trade education and investment development resources projects innovation agencies
Administered income from transactions
Vehicle registration fees ------
Stamp duty on vehicles and vehicle transfers ------
Sale of goods and services - 2,239 - - 304 665 363 -
Driver licence fees ------
Port of Melbourne Corporation licence fee ------
Appropriations – payments made on behalf - 65,827 ------of the state
Royalties - - - - 48,832 - - -
Other income 60 144 374 370 5,091 53 457 30
CityLink concession deed income 25(C) ------
Statutory fines ------
Regulatory fees, fines, leases and licences ------
Transfer and permit fees ------
Asset sale proceeds - 4,599 ------
Interest - 10,393 - - 79 - - -
Commonwealth grants ------
Total administered income from transactions 60 83,202 374 370 54,306 718 820 30
138 DEDJTR Annual Report 2015-16 Note 25. Administered (non-controlled) items In addition to the specific departmental operations which are included in the financial statements (comprehensive operating statement, balance sheet, statement of changes in equity and cash flow statement), the department administers or manages other activities and resources on behalf of the state. The transactions relating to these activities are reported as administered items (refer to Note 1(D)).
(A) Administered income and expenses
($ thousand) ($ thousand)
2016(i) 2016(i)
Tourism, major Creative events and Industry and industries international Employment Regional Energy and Major enterprise portfolio Note Trade education and investment development resources projects innovation agencies
Administered income from transactions
Vehicle registration fees ------
Stamp duty on vehicles and vehicle transfers ------
Sale of goods and services - 2,239 - - 304 665 363 -
Driver licence fees ------
Port of Melbourne Corporation licence fee ------
Appropriations – payments made on behalf - 65,827 ------of the state
Royalties - - - - 48,832 - - -
Other income 60 144 374 370 5,091 53 457 30
CityLink concession deed income 25(C) ------
Statutory fines ------
Regulatory fees, fines, leases and licences ------
Transfer and permit fees ------
Asset sale proceeds - 4,599 ------
Interest - 10,393 - - 79 - - -
Commonwealth grants ------
Total administered income from transactions 60 83,202 374 370 54,306 718 820 30
DEDJTR Annual Report 2015-16 139 02 FINANCIAL PERFORMANCE
Note 25. (continued)
(A) Administered income and expenses (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Transport safety, security and Taxi and Road operations emergency hire vehicle Train Tram Bus and network Road asset Integrated Note management services services services services improvements management transport
Administered income from transactions
Vehicle registration fees 1,439,478 ------
Stamp duty on vehicles and vehicle transfers 776,968 ------
Sale of goods and services 50,890 2,857 ------
Driver licence fees 133,260 ------
Port of Melbourne Corporation licence fee ------
Appropriations – payments made on behalf ------of the state
Royalties ------
Other income 26,441 15 1,041 113 185 2,710 72 20
CityLink concession deed income 25(C) - - - - - 33,128 - -
Statutory fines - - 25,816 - 4,708 - - -
Regulatory fees, fines, leases and licences - - 1,334 - - - - -
Transfer and permit fees 28,291 ------
Asset sale proceeds 4,592 - - - - 5,388 - -
Interest ------
Commonwealth grants ------
Total administered income from transactions 2,459,920 2,872 28,191 113 4,893 41,226 72 20
140 DEDJTR Annual Report 2015-16 Note 25. (continued)
(A) Administered income and expenses (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Transport safety, security and Taxi and Road operations emergency hire vehicle Train Tram Bus and network Road asset Integrated Note management services services services services improvements management transport
Administered income from transactions
Vehicle registration fees 1,439,478 ------
Stamp duty on vehicles and vehicle transfers 776,968 ------
Sale of goods and services 50,890 2,857 ------
Driver licence fees 133,260 ------
Port of Melbourne Corporation licence fee ------
Appropriations – payments made on behalf ------of the state
Royalties ------
Other income 26,441 15 1,041 113 185 2,710 72 20
CityLink concession deed income 25(C) - - - - - 33,128 - -
Statutory fines - - 25,816 - 4,708 - - -
Regulatory fees, fines, leases and licences - - 1,334 - - - - -
Transfer and permit fees 28,291 ------
Asset sale proceeds 4,592 - - - - 5,388 - -
Interest ------
Commonwealth grants ------
Total administered income from transactions 2,459,920 2,872 28,191 113 4,893 41,226 72 20
DEDJTR Annual Report 2015-16 141 02 FINANCIAL PERFORMANCE
Note 25. (continued)
(A) Administered income and expenses (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Port and Sustainably freight Access, industry Cultural manage fish, network development infrastructure game and Industrial Departmental Note access and innovation and facilities Agriculture forest resources relations total
Administered income from transactions
Vehicle registration fees ------1,439,478
Stamp duty on vehicles and vehicle transfers ------776,968
Sale of goods and services 58 - - 56,947 355 - 114,678
Driver licence fees ------133,260
Port of Melbourne Corporation licence fee 80,222 - - - - - 80,222
Appropriations – payments made on behalf ------65,827 of the state
Royalties ------48,832
Other income 15 8 - 77,712 2,758 - 117,669
CityLink concession deed income 25(C) ------33,128
Statutory fines - - - 2 - - 30,526
Regulatory fees, fines, leases and licences - - - 2,738 25,920 - 29,992
Transfer and permit fees ------28,291
Asset sale proceeds ------14,579
Interest - - - 2 - - 10,474
Commonwealth grants - - - 162 142 - 304
Total administered income from transactions 80,295 8 - 137,563 29,175 - 2,924,228
142 DEDJTR Annual Report 2015-16 Note 25. (continued)
(A) Administered income and expenses (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Port and Sustainably freight Access, industry Cultural manage fish, network development infrastructure game and Industrial Departmental Note access and innovation and facilities Agriculture forest resources relations total
Administered income from transactions
Vehicle registration fees ------1,439,478
Stamp duty on vehicles and vehicle transfers ------776,968
Sale of goods and services 58 - - 56,947 355 - 114,678
Driver licence fees ------133,260
Port of Melbourne Corporation licence fee 80,222 - - - - - 80,222
Appropriations – payments made on behalf ------65,827 of the state
Royalties ------48,832
Other income 15 8 - 77,712 2,758 - 117,669
CityLink concession deed income 25(C) ------33,128
Statutory fines - - - 2 - - 30,526
Regulatory fees, fines, leases and licences - - - 2,738 25,920 - 29,992
Transfer and permit fees ------28,291
Asset sale proceeds ------14,579
Interest - - - 2 - - 10,474
Commonwealth grants - - - 162 142 - 304
Total administered income from transactions 80,295 8 - 137,563 29,175 - 2,924,228
DEDJTR Annual Report 2015-16 143 02 FINANCIAL PERFORMANCE
Note 25. (continued)
(A) Administered income and expenses (continued)
($ thousand) ($ thousand)
2015(i) 2015(i)
Regional Investment Trade and Tourism, development attraction, export Innovation and marketing and and regional Energy and facilitation and Small business Note facilitation technology major sports Employment cities resources major projects assistance
Administered income from transactions
Vehicle registration fees ------
Stamp duty on vehicles and vehicle transfers ------
Sale of goods and services (2) 390 2,090 - 736 656 (5) (2)
Driver licence fees ------
Port of Melbourne Corporation licence fee ------
Appropriations – payments made on behalf - - 61,608 - - - - - of the state
Royalties - - - - - 43,355 - -
Other income ------
CityLink concession deed income 25(C) ------
Statutory fines ------
Regulatory fees, fines, leases and licences - - - - - 4,272 - -
Transfer and permit fees ------
Asset sale proceeds ------
Interest - - 10,420 - - 86 - -
Commonwealth grants ------
Total administered income from transactions (2) 390 74,118 - 736 48,369 (5) (2)
144 DEDJTR Annual Report 2015-16 Note 25. (continued)
(A) Administered income and expenses (continued)
($ thousand) ($ thousand)
2015(i) 2015(i)
Regional Investment Trade and Tourism, development attraction, export Innovation and marketing and and regional Energy and facilitation and Small business Note facilitation technology major sports Employment cities resources major projects assistance
Administered income from transactions
Vehicle registration fees ------
Stamp duty on vehicles and vehicle transfers ------
Sale of goods and services (2) 390 2,090 - 736 656 (5) (2)
Driver licence fees ------
Port of Melbourne Corporation licence fee ------
Appropriations – payments made on behalf - - 61,608 - - - - - of the state
Royalties - - - - - 43,355 - -
Other income ------
CityLink concession deed income 25(C) ------
Statutory fines ------
Regulatory fees, fines, leases and licences - - - - - 4,272 - -
Transfer and permit fees ------
Asset sale proceeds ------
Interest - - 10,420 - - 86 - -
Commonwealth grants ------
Total administered income from transactions (2) 390 74,118 - 736 48,369 (5) (2)
DEDJTR Annual Report 2015-16 145 02 FINANCIAL PERFORMANCE
Note 25. (continued)
(A) Administered income and expenses (continued)
($ thousand) ($ thousand)
2015(i) 2015(i)
Transport Access, Transport Integrated system industry Cultural safety and transport development Arts portfolio development infrastructure Note security services and maintenance agencies and innovation and facilities Agriculture Biosecurity
Administered income from transactions
Vehicle registration fees 688,425 ------
Stamp duty on vehicles and vehicle transfers 359,712 ------
Sale of goods and services 1,231 1,160 3,243 - - - 36,015 3,316
Driver licence fees 64,421 ------
Port of Melbourne Corporation licence fee 39,183 ------
Appropriations – payments made on behalf - 191 ------of the state
Royalties ------
Other income 3,986 211 - - - - 3,013 63
CityLink concession deed income 25(C) - - 15,557 - - - - -
Statutory fines - 15,471 ------
Regulatory fees, fines, leases and licences 12,392 743 - - - - 54 119
Transfer and permit fees 13,190 ------
Asset sale proceeds 219 - - - - - 41,609 -
Interest ------1 -
Commonwealth grants 200 ------
Total administered income from transactions 1,182,959 17,776 18,800 - - - 80,692 3,498
146 DEDJTR Annual Report 2015-16 Note 25. (continued)
(A) Administered income and expenses (continued)
($ thousand) ($ thousand)
2015(i) 2015(i)
Transport Access, Transport Integrated system industry Cultural safety and transport development Arts portfolio development infrastructure Note security services and maintenance agencies and innovation and facilities Agriculture Biosecurity
Administered income from transactions
Vehicle registration fees 688,425 ------
Stamp duty on vehicles and vehicle transfers 359,712 ------
Sale of goods and services 1,231 1,160 3,243 - - - 36,015 3,316
Driver licence fees 64,421 ------
Port of Melbourne Corporation licence fee 39,183 ------
Appropriations – payments made on behalf - 191 ------of the state
Royalties ------
Other income 3,986 211 - - - - 3,013 63
CityLink concession deed income 25(C) - - 15,557 - - - - -
Statutory fines - 15,471 ------
Regulatory fees, fines, leases and licences 12,392 743 - - - - 54 119
Transfer and permit fees 13,190 ------
Asset sale proceeds 219 - - - - - 41,609 -
Interest ------1 -
Commonwealth grants 200 ------
Total administered income from transactions 1,182,959 17,776 18,800 - - - 80,692 3,498
DEDJTR Annual Report 2015-16 147 02 FINANCIAL PERFORMANCE
Note 25. (continued)
(A) Administered income and expenses (continued)
($ thousand)
2015(i)
Sustainably manage fish and forest Industrial Departmental Note resources relations total
Administered income from transactions
Vehicle registration fees - - 688,425
Stamp duty on vehicles and vehicle transfers - - 359,712
Sale of goods and services 440 - 49,268
Driver licence fees - - 64,421
Port of Melbourne Corporation licence fee - - 39,183
Appropriations – payments made on behalf of the state - - 61,799
Royalties - - 43,355
Other income - - 7,273
CityLink concession deed income 25(C) - - 15,557
Statutory fines - - 15,471
Regulatory fees, fines, leases and licences 16,811 - 34,391
Transfer and permit fees - - 13,190
Asset sale proceeds 2 - 41,830
Interest - - 10,507
Commonwealth grants - - 200
Total administered income from transactions 17,253 - 1,444,582
148 DEDJTR Annual Report 2015-16 Note 25. (continued)
(A) Administered income and expenses (continued)
($ thousand)
2015(i)
Sustainably manage fish and forest Industrial Departmental Note resources relations total
Administered income from transactions
Vehicle registration fees - - 688,425
Stamp duty on vehicles and vehicle transfers - - 359,712
Sale of goods and services 440 - 49,268
Driver licence fees - - 64,421
Port of Melbourne Corporation licence fee - - 39,183
Appropriations – payments made on behalf of the state - - 61,799
Royalties - - 43,355
Other income - - 7,273
CityLink concession deed income 25(C) - - 15,557
Statutory fines - - 15,471
Regulatory fees, fines, leases and licences 16,811 - 34,391
Transfer and permit fees - - 13,190
Asset sale proceeds 2 - 41,830
Interest - - 10,507
Commonwealth grants - - 200
Total administered income from transactions 17,253 - 1,444,582
DEDJTR Annual Report 2015-16 149 02 FINANCIAL PERFORMANCE
Note 25. (continued)
(A) Administered income and expenses (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Tourism, major Creative events and Industry and industries international Employment Regional Energy and Major enterprise portfolio Note Trade education and investment development resources projects innovation agencies
Administered income from transactions
Payments into Consolidated Fund (17) (16,660) (108) (382) (51,940) (15) (1,690) (9)
Interest expense - (40,584) ------
CityLink concession deed expense 25(C) ------
Other expenses - (22,971) (1) (1) - - (1) -
Assets transferred to local government ------
Total administered expenses from transactions (17) (80,215) (109) (383) (51,940) (15) (1,691) (9)
Total administered net result from transactions 43 2,987 265 (13) 2,366 703 (871) 21
Administered other economic flows included in administered net result
Net gain/(loss) on non-financial assets ------(26) -
Net gain/(loss) on financial instruments ------
Total administered other economic flows ------(26) -
Total administered comprehensive result 43 2,987 265 (13) 2,366 703 (897) 21
150 DEDJTR Annual Report 2015-16 Note 25. (continued)
(A) Administered income and expenses (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Tourism, major Creative events and Industry and industries international Employment Regional Energy and Major enterprise portfolio Note Trade education and investment development resources projects innovation agencies
Administered income from transactions
Payments into Consolidated Fund (17) (16,660) (108) (382) (51,940) (15) (1,690) (9)
Interest expense - (40,584) ------
CityLink concession deed expense 25(C) ------
Other expenses - (22,971) (1) (1) - - (1) -
Assets transferred to local government ------
Total administered expenses from transactions (17) (80,215) (109) (383) (51,940) (15) (1,691) (9)
Total administered net result from transactions 43 2,987 265 (13) 2,366 703 (871) 21
Administered other economic flows included in administered net result
Net gain/(loss) on non-financial assets ------(26) -
Net gain/(loss) on financial instruments ------
Total administered other economic flows ------(26) -
Total administered comprehensive result 43 2,987 265 (13) 2,366 703 (897) 21
DEDJTR Annual Report 2015-16 151 02 FINANCIAL PERFORMANCE
Note 25. (continued)
(A) Administered income and expenses (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Transport safety, security and Taxi and Road operations emergency hire vehicle Train Tram Bus and network Road asset Integrated Note management services services services services improvements management transport
Administered income from transactions
Payments into Consolidated Fund (2,437,791) (2,862) (58,310) (33) (4,154) (36,302) (21) (17)
Interest expense ------
CityLink concession deed expense 25(C) - - - - - (32,213) - -
Other expenses (50) ------
Assets transferred to local government - - - - - (469) - -
Total administered expenses from transactions (2,437,841) (2,862) (58,310) (33) (4,154) (68,984) (21) (17)
Total administered net result from transactions 22,079 10 (30,119) 80 739 (27,758) 51 3
Administered other economic flows included in administered net result
Net gain/(loss) on non-financial assets (7,195) - (15,065) - - - - -
Net gain/(loss) on financial instruments ------
Total administered other economic flows (7,195) - (15,065) - - - - -
Total administered comprehensive result 14,884 10 (45,184) 80 739 (27,758) 51 3
152 DEDJTR Annual Report 2015-16 Note 25. (continued)
(A) Administered income and expenses (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Transport safety, security and Taxi and Road operations emergency hire vehicle Train Tram Bus and network Road asset Integrated Note management services services services services improvements management transport
Administered income from transactions
Payments into Consolidated Fund (2,437,791) (2,862) (58,310) (33) (4,154) (36,302) (21) (17)
Interest expense ------
CityLink concession deed expense 25(C) - - - - - (32,213) - -
Other expenses (50) ------
Assets transferred to local government - - - - - (469) - -
Total administered expenses from transactions (2,437,841) (2,862) (58,310) (33) (4,154) (68,984) (21) (17)
Total administered net result from transactions 22,079 10 (30,119) 80 739 (27,758) 51 3
Administered other economic flows included in administered net result
Net gain/(loss) on non-financial assets (7,195) - (15,065) - - - - -
Net gain/(loss) on financial instruments ------
Total administered other economic flows (7,195) - (15,065) - - - - -
Total administered comprehensive result 14,884 10 (45,184) 80 739 (27,758) 51 3
DEDJTR Annual Report 2015-16 153 02 FINANCIAL PERFORMANCE
Note 25. (continued)
(A) Administered income and expenses (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Port and Sustainably freight Access, industry Cultural manage fish, network development infrastructure game and Industrial Departmental Note access and innovation and facilities Agriculture forest resources relations total
Administered income from transactions
Payments into Consolidated Fund (59,133) (2) - (141,879) (2,741) - (2,814,066)
Interest expense ------(40,584)
CityLink concession deed expense 25(C) ------(32,213)
Other expenses - - - (1) - - (23,025)
Assets transferred to local government ------(469)
Total administered expenses from transactions (59,133) (2) - (141,880) (2,741) - (2,910,357)
Total administered net result from transactions 21,162 6 - (4,317) 26,434 - 13,871
Administered other economic flows included in administered net result
Net gain/(loss) on non-financial assets ------(22,286)
Net gain/(loss) on financial instruments ------
Total administered other economic flows ------(22,286)
Total administered comprehensive result 21,162 6 - (4,317) 26,434 - (8,415)
154 DEDJTR Annual Report 2015-16 Note 25. (continued)
(A) Administered income and expenses (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Port and Sustainably freight Access, industry Cultural manage fish, network development infrastructure game and Industrial Departmental Note access and innovation and facilities Agriculture forest resources relations total
Administered income from transactions
Payments into Consolidated Fund (59,133) (2) - (141,879) (2,741) - (2,814,066)
Interest expense ------(40,584)
CityLink concession deed expense 25(C) ------(32,213)
Other expenses - - - (1) - - (23,025)
Assets transferred to local government ------(469)
Total administered expenses from transactions (59,133) (2) - (141,880) (2,741) - (2,910,357)
Total administered net result from transactions 21,162 6 - (4,317) 26,434 - 13,871
Administered other economic flows included in administered net result
Net gain/(loss) on non-financial assets ------(22,286)
Net gain/(loss) on financial instruments ------
Total administered other economic flows ------(22,286)
Total administered comprehensive result 21,162 6 - (4,317) 26,434 - (8,415)
DEDJTR Annual Report 2015-16 155 02 FINANCIAL PERFORMANCE
Note 25. (continued)
(A) Administered income and expenses (continued)
($ thousand) ($ thousand)
2015(i) 2015(i)
Regional Investment Trade and Tourism, development attraction, export Innovation and marketing and and regional Energy and facilitation and Small business Note facilitation technology major sports Employment cities resources major projects assistance
Administered income from transactions
Payments into Consolidated Fund - (1,827) (10,518) - (1,689) (50,817) (11,986) -
Interest expense - - (40,652) - - - - -
CityLink concession deed expense 25(C) ------
Other expenses - (1) (20,957) - (1) (1) (1) (1)
Assets transferred to local government ------
Total administered expenses from transactions - (1,828) (72,127) - (1,690) (50,818) (11,987) (1)
Total administered net result from transactions (2) (1,438) 1,991 - (954) (2,449) (11,992) (3)
Administered other economic flows included in administered net result
Net gain/(loss) on non-financial assets - - - - (1,428) - 11,986 -
Net gain/(loss) on financial instruments - (196) ------
Total administered other economic flows - (196) - - (1,428) - 11,986 -
Total administered comprehensive result (2) (1,634) 1,991 - (2,382) (2,449) (6) (3)
156 DEDJTR Annual Report 2015-16 Note 25. (continued)
(A) Administered income and expenses (continued)
($ thousand) ($ thousand)
2015(i) 2015(i)
Regional Investment Trade and Tourism, development attraction, export Innovation and marketing and and regional Energy and facilitation and Small business Note facilitation technology major sports Employment cities resources major projects assistance
Administered income from transactions
Payments into Consolidated Fund - (1,827) (10,518) - (1,689) (50,817) (11,986) -
Interest expense - - (40,652) - - - - -
CityLink concession deed expense 25(C) ------
Other expenses - (1) (20,957) - (1) (1) (1) (1)
Assets transferred to local government ------
Total administered expenses from transactions - (1,828) (72,127) - (1,690) (50,818) (11,987) (1)
Total administered net result from transactions (2) (1,438) 1,991 - (954) (2,449) (11,992) (3)
Administered other economic flows included in administered net result
Net gain/(loss) on non-financial assets - - - - (1,428) - 11,986 -
Net gain/(loss) on financial instruments - (196) ------
Total administered other economic flows - (196) - - (1,428) - 11,986 -
Total administered comprehensive result (2) (1,634) 1,991 - (2,382) (2,449) (6) (3)
DEDJTR Annual Report 2015-16 157 02 FINANCIAL PERFORMANCE
Note 25. (continued)
(A) Administered income and expenses (continued)
($ thousand) ($ thousand) 2015(i) 2015(i)
Transport Access, Transport Integrated system industry Cultural safety and transport development Arts portfolio development infrastructure Note security services and maintenance agencies and innovation and facilities Agriculture Biosecurity
Administered income from transactions
Payments into Consolidated Fund (1,182,538) (9,120) (7,321) - - (4,950) (73,442) (3,895)
Interest expense ------
CityLink concession deed expense 25(C) - - (14,699) - - - - -
Other expenses (3) ------
Assets transferred to local government (5,700) ------
Total administered expenses from transactions (1,188,241) (9,120) (22,020) - - (4,950) (73,442) (3,895)
Total administered net result from transactions (5,282) 8,656 (3,220) - - (4,950) 7,250 (397)
Administered other economic flows included in administered net result
Net gain/(loss) on non-financial assets - - (4,900) (1,268) (1,231) 3,719 (12,773) -
Net gain/(loss) on financial instruments ------
Total administered other economic flows - - (4,900) (1,268) (1,231) 3,719 (12,773) -
Total administered comprehensive result (5,282) 8,656 (8,120) (1,268) (1,231) (1,231) (5,523) (397)
($ thousand) 2015(i)
Sustainably manage fish and forest Industrial Departmental Note resources relations total
Administered income from transactions
Payments into Consolidated Fund (18,996) - (1,377,099)
Interest expense - - (40,652)
CityLink concession deed expense 25(C) - - (14,699)
Other expenses - - (20,965)
Assets transferred to local government - - (5,700)
Total administered expenses from transactions (18,996) - (1,459,115)
Total administered net result from transactions (1,743) - (14,533)
158 DEDJTR Annual Report 2015-16 Note 25. (continued)
(A) Administered income and expenses (continued)
($ thousand) ($ thousand) 2015(i) 2015(i)
Transport Access, Transport Integrated system industry Cultural safety and transport development Arts portfolio development infrastructure Note security services and maintenance agencies and innovation and facilities Agriculture Biosecurity
Administered income from transactions
Payments into Consolidated Fund (1,182,538) (9,120) (7,321) - - (4,950) (73,442) (3,895)
Interest expense ------
CityLink concession deed expense 25(C) - - (14,699) - - - - -
Other expenses (3) ------
Assets transferred to local government (5,700) ------
Total administered expenses from transactions (1,188,241) (9,120) (22,020) - - (4,950) (73,442) (3,895)
Total administered net result from transactions (5,282) 8,656 (3,220) - - (4,950) 7,250 (397)
Administered other economic flows included in administered net result
Net gain/(loss) on non-financial assets - - (4,900) (1,268) (1,231) 3,719 (12,773) -
Net gain/(loss) on financial instruments ------
Total administered other economic flows - - (4,900) (1,268) (1,231) 3,719 (12,773) -
Total administered comprehensive result (5,282) 8,656 (8,120) (1,268) (1,231) (1,231) (5,523) (397)
($ thousand) ($ thousand)
2015(i) 2015(i)
Sustainably Sustainably manage fish manage fish and forest Industrial Departmental and forest Industrial Departmental Note resources relations total Note resources relations total
Administered income from transactions Administered other economic flows included - Payments into Consolidated Fund (18,996) - (1,377,099) in administered net result
Interest expense - - (40,652) Net gain/(loss) on non-financial assets - - (5,895)
CityLink concession deed expense 25(C) - - (14,699) Net gain/(loss) on financial instruments - - (196)
Other expenses - - (20,965) Total administered other economic flows - - (6,091)
Assets transferred to local government - - (5,700)
Total administered expenses from transactions (18,996) - (1,459,115) Total administered comprehensive result (1,743) - (20,624)
Total administered net result from transactions (1,743) - (14,533)
DEDJTR Annual Report 2015-16 159 02 FINANCIAL PERFORMANCE
Note 25. (continued)
(B) Administered assets and liabilities
($ thousand) ($ thousand)
2016(i) 2016(i)
Tourism, major Creative events and Industry and industries international Employment Regional Energy and Major enterprise portfolio Note Trade education and investment development resources projects innovation agencies
Administered financial assets
Cash and receivables - 856 3 3 53,781 - 5,121 -
Trust funds 6 13 34 33 19 5 41 3
Loans - 278,598 ------
Total administered financial assets 6 279,467 37 36 53,800 5 5,162 3
Administered non-financial assets ------
Total administered non-financial assets ------
Total administered assets 6 279,467 37 36 53,800 5 5,162 3
Administered liabilities
Creditors and accruals 318 (36,422) 1,968 1,948 1,860 278 2,396 158
Unearned income - (66,757) ------
Deferred CityLink redevelopment income 25(C) ------
Interest bearing liabilities - (452,778) ------
Total administered liabilities 318 (555,957) 1,968 1,948 1,860 278 2,396 158
Total administered net assets 324 (276,490) 2,005 1,984 55,660 283 7,558 161
160 DEDJTR Annual Report 2015-16 Note 25. (continued)
(B) Administered assets and liabilities
($ thousand) ($ thousand)
2016(i) 2016(i)
Tourism, major Creative events and Industry and industries international Employment Regional Energy and Major enterprise portfolio Note Trade education and investment development resources projects innovation agencies
Administered financial assets
Cash and receivables - 856 3 3 53,781 - 5,121 -
Trust funds 6 13 34 33 19 5 41 3
Loans - 278,598 ------
Total administered financial assets 6 279,467 37 36 53,800 5 5,162 3
Administered non-financial assets ------
Total administered non-financial assets ------
Total administered assets 6 279,467 37 36 53,800 5 5,162 3
Administered liabilities
Creditors and accruals 318 (36,422) 1,968 1,948 1,860 278 2,396 158
Unearned income - (66,757) ------
Deferred CityLink redevelopment income 25(C) ------
Interest bearing liabilities - (452,778) ------
Total administered liabilities 318 (555,957) 1,968 1,948 1,860 278 2,396 158
Total administered net assets 324 (276,490) 2,005 1,984 55,660 283 7,558 161
DEDJTR Annual Report 2015-16 161 02 FINANCIAL PERFORMANCE
Note 25. (continued)
(B) Administered assets and liabilities (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Transport safety, security and Taxi and Road operations emergency hire vehicle Train Tram Bus and network Road asset Integrated Note management services services services services improvements management transport
Administered financial assets
Cash and receivables 9,507 - 22,865 1 1 7,357 - -
Trust funds 11,296 1 5,991 10 16 16 6 -
Loans ------
Total administered financial assets 20,803 1 28,856 11 17 7,373 6 -
Administered non-financial assets - - - - - 16,160 - -
Total administered non-financial assets - - - - - 16,160 - -
Total administered assets 20,803 1 28,856 11 17 23,533 6 -
Administered liabilities
Creditors and accruals (10,973) 80 (2,159) 597 975 646 379 20
Unearned income ------
Deferred CityLink redevelopment income 25(C) - - - - - (394,324) - -
Interest bearing liabilities ------
Total administered liabilities (10,973) 80 (2,159) 597 975 (393,678) 379 20
Total administered net assets 9,830 81 26,697 608 992 (370,145) 385 20
162 DEDJTR Annual Report 2015-16 Note 25. (continued)
(B) Administered assets and liabilities (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Transport safety, security and Taxi and Road operations emergency hire vehicle Train Tram Bus and network Road asset Integrated Note management services services services services improvements management transport
Administered financial assets
Cash and receivables 9,507 - 22,865 1 1 7,357 - -
Trust funds 11,296 1 5,991 10 16 16 6 -
Loans ------
Total administered financial assets 20,803 1 28,856 11 17 7,373 6 -
Administered non-financial assets - - - - - 16,160 - -
Total administered non-financial assets - - - - - 16,160 - -
Total administered assets 20,803 1 28,856 11 17 23,533 6 -
Administered liabilities
Creditors and accruals (10,973) 80 (2,159) 597 975 646 379 20
Unearned income ------
Deferred CityLink redevelopment income 25(C) - - - - - (394,324) - -
Interest bearing liabilities ------
Total administered liabilities (10,973) 80 (2,159) 597 975 (393,678) 379 20
Total administered net assets 9,830 81 26,697 608 992 (370,145) 385 20
DEDJTR Annual Report 2015-16 163 02 FINANCIAL PERFORMANCE
Note 25. (continued)
(B) Administered assets and liabilities (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Port and Sustainably freight Access, industry Cultural manage fish, network development infrastructure game and Industrial Departmental Note access and innovation and facilities Agriculture forest resources relations total
Administered financial assets
Cash and receivables 20,056 - - 8,083 2,170 - 129,804
Trust funds 1 1 - 45 31 - 17,568
Loans ------278,598
Total administered financial assets 20,057 1 - 8,128 2,201 - 425,970
Administered non-financial assets ------16,160
Total administered non-financial assets ------16,160
Total administered assets 20,057 1 - 8,128 2,201 - 442,130
Administered liabilities
Creditors and accruals - 40 - 2,849 1,669 - (33,373)
Unearned income ------(66,757)
Deferred CityLink redevelopment income 25(C) ------(394,324)
Interest bearing liabilities ------(452,778)
Total administered liabilities - 40 - 2,849 1,669 - (947,232)
Total administered net assets 20,057 41 - 10,977 3,870 - (505,102)
164 DEDJTR Annual Report 2015-16 Note 25. (continued)
(B) Administered assets and liabilities (continued)
($ thousand) ($ thousand)
2016(i) 2016(i)
Port and Sustainably freight Access, industry Cultural manage fish, network development infrastructure game and Industrial Departmental Note access and innovation and facilities Agriculture forest resources relations total
Administered financial assets
Cash and receivables 20,056 - - 8,083 2,170 - 129,804
Trust funds 1 1 - 45 31 - 17,568
Loans ------278,598
Total administered financial assets 20,057 1 - 8,128 2,201 - 425,970
Administered non-financial assets ------16,160
Total administered non-financial assets ------16,160
Total administered assets 20,057 1 - 8,128 2,201 - 442,130
Administered liabilities
Creditors and accruals - 40 - 2,849 1,669 - (33,373)
Unearned income ------(66,757)
Deferred CityLink redevelopment income 25(C) ------(394,324)
Interest bearing liabilities ------(452,778)
Total administered liabilities - 40 - 2,849 1,669 - (947,232)
Total administered net assets 20,057 41 - 10,977 3,870 - (505,102)
DEDJTR Annual Report 2015-16 165 02 FINANCIAL PERFORMANCE
Note 25. (continued)
(B) Administered assets and liabilities (continued)
($ thousand) ($ thousand)
2015(i) 2015(i)
Regional Investment Trade and Tourism, development attraction, export Innovation and marketing and and regional Energy and facilitation and Small business Note facilitation technology major sports Employment cities resources major projects assistance
Administered financial assets
Cash and receivables - 7,088 3,274 - 275 48,655 - -
Trust funds (16) (43) (23) (5) (8) 4,160 (35) (10)
Loans - (798) 279,652 - - - - -
Total administered financial assets (16) 6,247 282,903 (5) 267 52,815 (35) (10)
Administered non-financial assets ------
Total administered non-financial assets ------
Total administered assets (16) 6,247 282,903 (5) 267 52,815 (35) (10)
Administered liabilities
Creditors and accruals - - (16,741) - - (147) - -
Unearned income - - (67,789) - 6 (1,200) - -
Deferred CityLink redevelopment income 25(C) ------
Interest bearing liabilities - - (458,341) - - - - -
Total administered liabilities - - (542,871) - 6 (1,347) - -
Total administered net assets (16) 6,247 (259,968) (5) 273 51,468 (35) (10)
166 DEDJTR Annual Report 2015-16 Note 25. (continued)
(B) Administered assets and liabilities (continued)
($ thousand) ($ thousand)
2015(i) 2015(i)
Regional Investment Trade and Tourism, development attraction, export Innovation and marketing and and regional Energy and facilitation and Small business Note facilitation technology major sports Employment cities resources major projects assistance
Administered financial assets
Cash and receivables - 7,088 3,274 - 275 48,655 - -
Trust funds (16) (43) (23) (5) (8) 4,160 (35) (10)
Loans - (798) 279,652 - - - - -
Total administered financial assets (16) 6,247 282,903 (5) 267 52,815 (35) (10)
Administered non-financial assets ------
Total administered non-financial assets ------
Total administered assets (16) 6,247 282,903 (5) 267 52,815 (35) (10)
Administered liabilities
Creditors and accruals - - (16,741) - - (147) - -
Unearned income - - (67,789) - 6 (1,200) - -
Deferred CityLink redevelopment income 25(C) ------
Interest bearing liabilities - - (458,341) - - - - -
Total administered liabilities - - (542,871) - 6 (1,347) - -
Total administered net assets (16) 6,247 (259,968) (5) 273 51,468 (35) (10)
DEDJTR Annual Report 2015-16 167 02 FINANCIAL PERFORMANCE
Note 25. (continued)
(B) Administered assets and liabilities (continued)
($ thousand) ($ thousand)
2015(i) 2015(i)
Transport Access, Transport Integrated system industry Cultural safety and transport development Arts portfolio development infrastructure Note security services and maintenance agencies and innovation and facilities Agriculture Biosecurity
Administered financial assets
Cash and receivables 10,540 23,996 18,957 - - - 9,046 458
Trust funds - 2,845 9,473 - - - 288 81
Loans ------
Total administered financial assets 10,540 26,841 28,430 9,334 539
Administered non-financial assets ------
Total administered non-financial assets ------
Total administered assets 10,540 26,841 28,430 - - - 9,334 539
Administered liabilities
Creditors and accruals (9,530) (1,807) (40) - - - (719) (91)
Unearned income - - (36) - - - (20,048) (34)
Deferred CityLink redevelopment income 25(C) - - (341,155) - - - - -
Interest bearing liabilities ------
Total administered liabilities (9,530) (1,807) (341,231) - - - (20,767) (125)
Total administered net assets 1,010 25,034 (312,801) - - - (11,433) 414
168 DEDJTR Annual Report 2015-16 Note 25. (continued)
(B) Administered assets and liabilities (continued)
($ thousand) ($ thousand)
2015(i) 2015(i)
Transport Access, Transport Integrated system industry Cultural safety and transport development Arts portfolio development infrastructure Note security services and maintenance agencies and innovation and facilities Agriculture Biosecurity
Administered financial assets
Cash and receivables 10,540 23,996 18,957 - - - 9,046 458
Trust funds - 2,845 9,473 - - - 288 81
Loans ------
Total administered financial assets 10,540 26,841 28,430 9,334 539
Administered non-financial assets ------
Total administered non-financial assets ------
Total administered assets 10,540 26,841 28,430 - - - 9,334 539
Administered liabilities
Creditors and accruals (9,530) (1,807) (40) - - - (719) (91)
Unearned income - - (36) - - - (20,048) (34)
Deferred CityLink redevelopment income 25(C) - - (341,155) - - - - -
Interest bearing liabilities ------
Total administered liabilities (9,530) (1,807) (341,231) - - - (20,767) (125)
Total administered net assets 1,010 25,034 (312,801) - - - (11,433) 414
DEDJTR Annual Report 2015-16 169 02 FINANCIAL PERFORMANCE
Note 25. (continued)
(B) Administered assets and liabilities (continued)
($ thousand)
2015(i)
Sustainably manage fish and forest Industrial Departmental Note resources relations total
Administered financial assets
Cash and receivables 365 - 122,654
Trust funds 78 - 16,785
Loans - - 278,854
Total administered financial assets 443 - 418,293
Administered non-financial assets - - -
Total administered non-financial assets - - -
Total administered assets 443 - 418,293
Administered liabilities
Creditors and accruals (204) - (29,279)
Unearned income - - (89,101)
Deferred CityLink redevelopment income 25(C) - - (341,155)
Interest bearing liabilities - - (458,341)
Total administered liabilities (204) - (917,876)
Total administered net assets 239 - (499,583)
(i) The 2015-16 Budget included changes to the department’s output structure that are reflected in this note for the 2015-16 financial year. The 2014-15 figures relate to the previous output structure.
170 DEDJTR Annual Report 2015-16 (C) CityLink Concession Deed Summary of Melbourne CityLink Concession Deed income, expenses, assets and liabilities:
($ thousand)
2016 2015
CityLink concession notes income
Concession notes revenue 30,526 15,557
Total CityLink concession notes income 30,526 15,557
CityLink expense
CityLink concession notes deferred revenue revaluation increment (32,213) (14,699)
Total CityLink expense (32,213) (14,699)
Net income (1,687) 858
CityLink liabilities
Present value of deferred CityLink revenue(i) 340,240 341,155
CityLink Tullamarine widening unearned revenue (ii) 54,084 -
Total CityLink liabilities 394,324 341,155
($ thousand)
2016 2015
Cash flows relating to concession notes:
Goods and services tax collected 9,560 4,780
Goods and services tax paid to the ATO (9,560) (4,780)
Net cash flow - -
($ thousand)
2016 2015
Reconciliation of the present value of deferred CityLink revenue:
Present value at the beginning of the period 341,155 342,013
CityLink Tullamarine widening unearned revenue 54,084 -
Concession notes revenue (30,526) (15,557)
Revaluation increment 32,213 14,699
Present value at the end of the period 396,926 341,155
(i) The present value of deferred CityLink revenue is the value of the concession notes revenue due to be received by the Victorian Government in future periods in accordance with the Melbourne CityLink Concession Deed. (Refer also to the next page.) (ii) Payments received from Transurban for Ramp M works, to be recognised as income in accordance with the Melbourne CityLink Concession Deed.
DEDJTR Annual Report 2015-16 171 02 FINANCIAL PERFORMANCE
Note 25. (continued) Peninsula Link compensable enhancement claim The EastLink Concession Deed contains (D) Administered contingencies compensable enhancement provisions that enable the state to claim 50 per cent of any CityLink contingent assets additional revenue derived by ConnectEast Pty Ltd CityLink compensable enhancement claims (ConnectEast) as a result of certain events The Melbourne CityLink Concession Deed contains that particularly benefit EastLink, including compensable enhancement provisions that enable changes to the adjoining road network. the state to claim 50 per cent of additional revenue On 2 January 2014, the state lodged derived by CityLink Melbourne Limited (CML) a compensable enhancement claim arising as a result of certain events that particularly as a result of the opening of Peninsula Link. benefit CityLink, including changes to the adjoining The claim remains outstanding. road network. Melbourne Park unquantified contingent liability Compensable enhancement claims have previously In 2010, the state entered into an agreement with been lodged in respect of works for improving Tennis Australia and the Melbourne and Olympic traffic flows on the West Gate Freeway (between Park Trust for the Australian Open to remain Lorimer and Montague Streets), and in the vicinity at Melbourne Park until 2036. The agreement of the intersection of Bulla Road and the Tullamarine contains a number of conditions including that the Freeway. The claims were lodged on 20 May 2005 government will invest in further improvements and 29 September 2006 respectively, and are to Melbourne Park in three stages or pay a rights still outstanding. fee (if an agreed investment threshold is reached) to retain the Australian Open at Melbourne Park until 2036. The government announced stage 1 of the Melbourne Park redevelopment with a total estimated investment of $366 million in the 2010-11 budget. In January 2014 the government announced a further $338 million total estimated investment to stage 2 of the redevelopment.
172 DEDJTR Annual Report 2015-16 (E) Administered commitments Melbourne Convention Centre Development Project
Finance lease commitments in relation to the MCC development project for construction of the new facility:
Nominal value Net present value(i) ($ thousand) ($ thousand)
2016 2015 2016 2015
Not longer than one year 44,515 43,396 42,074 41,000
Longer than one year but not longer than five years 209,744 185,068 157,380 139,689
Longer than five years 806,753 801,986 293,358 277,652
Total value of expected future commitments 1,061,012 1,030,450 492,812 458,341
(i) The net present value is calculated using a discount rate of 9.44 per cent per annum.
Operating lease commitments in relation to the MCC development project for services, maintenance and refurbishments:
Nominal value Net present value(i) ($ thousand) ($ thousand)
2016 2015 2016 2015
Not longer than one year 19,379 18,924 18,453 16,662
Longer than one year but not longer than five years 79,508 80,342 62,587 58,254
Longer than five years 394,004 341,321 166,835 125,757
Total value of expected future commitments 492,891 440,587 247,875 200,673
(i) The net present value is calculated using a discount rate of 8.14 per cent per annum.
In May 2006, the State of Victoria entered into an It is estimated as at 30 June 2016 that future lease agreement under its Partnerships Victoria policy for payments relating to the new facility constructed in the development and maintenance of the Melbourne 2009 including the recent stage 2 expansion amount to Convention and Exhibition Centre (MCEC) facility by $492.8 million (2015: $458.3 million) in net present value a private sector consortium (the lessor). terms, or $1,061 million (2015: $1,030.4 million) in nominal dollars, to be paid to the lessor over a 25 year period The lessor was responsible for construction of the new which commenced 1 January 2009 over the respective facility convention centre which commenced in June 2006 lease period till 2034. At the initial construction of the and commercial acceptance was achieved on 31 March convention centre in 2009, the department on behalf of 2009. Upon its completion, the department on behalf of the State of Victoria has entered into a loan agreement the State of Victoria was granted a 25 year finance lease with MCET under which MCET undertakes to repay the by the lessor, and entered into an agreement under State of Victoria 50 per cent ($227.5 million) of the value which the new facility will be operated by the Melbourne of the asset ($455 million) over a 25 year period. Convention and Exhibition Trust (MCET). As part of the 25 year lease arrangement, the lessor will The Melbourne Convention and Exhibition Centre provide services, maintenance, and refurbishments in Stage 2 (MCEC) expansion project was announced in return for a fixed (inflation adjusted) quarterly service the 2015-16 Budget. This project involves construction payment from the State of Victoria for both the existing of a 9000 square metre expansion of the exhibition facility and new expansion. It is estimated that as at centre, associated concourse and ancillary spaces 30 June 2016, these future service payments amount on a purpose-built deck. This is being delivered via to $247.8 million (2015: $200.7 million) in net present a modification to the existing PPP arrangement with value terms, or $492.8 million (2015: $440.6 million) the existing lessor. Contracts for the modification in nominal dollars, over the 25 year lease term. were finalised in May 2016, and the MCEC expansion is expected to be operational in 2018, with a 16 year Ownership of the MCEC facility will transfer to the finance lease with the existing lessor commencing State of Victoria at the end of the 25 year lease from this date for the build cost. period at no cost.
DEDJTR Annual Report 2015-16 173 02 FINANCIAL PERFORMANCE
Note 26. Ex gratia expenses There were no ex gratia payments for the twelve months ended 30 June 2016 (30 June 2015: $0).
Note 27. Annotated income agreements The following is a listing of the Financial Management Act 1994 section 29 annotated income agreements approved by the Treasurer:
Actual
($ thousand)
2016 2015
User charges, sale of goods and services
Agriculture and veterinary chemical permits - 347
BRC – La Trobe contribution to quarterly services payments 2,768 4,119
Commercial forest - 346
Cultivating and processing of poppies - 80
Grants from Catchment Management Authorities 3 3,379
Paper Australia Pulpwood Agreement 24,160 12,208
Port Phillip Bay scallop fisheries auction - 637
Fisheries Cost Recoveries 639 -
Research and experimental projects: industry contributions 17,394 20,501
Seafood Industry Victoria levy 718 503
Marysville Convention Centre - 740
Regional Victoria Living Expo - 1,202
Global Carbon Capture Storage Institute (GCCSI) agreement 277 -
45,959 44,062
Asset sales
Proceeds from the sale of the former Circus Oz site in Port Melbourne - 2,475
- 2,475
174 DEDJTR Annual Report 2015-16 Actual
($ thousand)
2016 2015
Commonwealth payments
Gardiner Foundation contributions from Commonwealth-funded bodies 66 396
Cooperative Research Centre contributions 5,242 7,607
Research development corporations contributions 15,835 14,903
Coal seam gas and large coal mining development - 245
Plant and exotic disease preparedness and eradication 88 76
Roadside Weeds and Pest Program 500 -
National Partnership on developing demand-driver infrastructure for the tourism industry 1,660 -
Infrastructure Investment Programme/Building Australia Fund – rail projects 50 -
Nation Building – road projects 154,829 150,331
Nation Building – land transport research facilities - 200
Black spot projects (including Asset Recycling Fund) 31,490 13,344
Managed motorways 2,725 6,400
Interstate road transport 18,873 8,880
National Highway Upgrade Programme (Asset Recycling Fund) 1,720 -
Bridge Renewal Programme 2,332 -
Heavy Vehicle Safety and Productivity 1,760 -
Road maintenance 58,749 -
Nation Building/Building Australia – rail projects - 143,883
Clean Energy Future: Regional Structural Adjustment Assistance Program - 1,300
295,919 347,565
Municipal payments
Domestic Animals Act 1,249 2,251
1,249 2,251
Total annotated income agreements 343,127 396,353
DEDJTR Annual Report 2015-16 175 02 FINANCIAL PERFORMANCE
Note 28. Trust account balances
(A) Trust account balances relating to trust accounts controlled by the department The following list of controlled trust account balances, is based on accrual accounting principles.
($ thousand)
2015 MOG(i) Revenue Expense 2016
CONTROLLED TRUSTS
State trusts
Better Roads Victoria Trust Account
Established under the Business Franchise 830,969 - 398,747 (266,230) 963,486 (Petroleum Products) Act 1979 to provide funding for road improvements across Victoria.
Regional Growth Fund
Established under the Regional Growth Fund 242,137 - 147,076 (143,899) 245,314 Act 2011 to support regional cities and country communities in infrastructure, facilities, services, job creation, career opportunities and to increase investment.
State Development Special Projects Trust Account * 96,452 - 110,774 (124,032) 83,194 Established under section 19 of the Financial Management Act 1994, to assist in facilitating, encouraging, promoting and carrying out activities leading to a balanced economic development of the State of Victoria.
Agriculture Projects Trust Account (ii)
Established under section 19 of the Financial 265,010 - 14,381 (27,554) 251,837 Management Act 1994, to assist in facilitating, encouraging, promoting and carrying out activities leading to a balanced economic development of the State of Victoria.
Disease Compensation Funds
Established under section 5 of the Livestock 19,077 - 6,924 (3,061) 22,940 Disease Control Act 1994 to support the control and eradication of any outbreak and to provide compensation for livestock destroyed due to suffering or suspected of suffering from diseases.
Plant, Equipment and Machinery Trust Accounts 17,988 - 3,933 (1,980) 19,941 Operate under section 23 of the Conservation Forests and Lands Act 1987 and s.141 of the Fisheries Act 1995 to enable the purchase of plant, equipment or machinery required for the purposes of the Acts, and for the operation, maintenance and repair of that plant, equipment or machinery, and to enable the payment of any other expenses in relation thereto.
176 DEDJTR Annual Report 2015-16 ($ thousand)
2015 MOG(i) Revenue Expense 2016
Recreational Fishing Licences Trust Account
Operates under section 151B of the Fisheries 2,914 - 13,864 (11,485) 5,293 Act 1995 to disburse revenue derived from the sale of recreational fishing licenses to projects that will further improve recreational fishing opportunities in Victoria, and to fund costs incurred in the administration of recreational fishing licences and the account.
Arts Fund
Established under the Arts Victoria Act 1972 3,780 - 6,373 (6,391) 3,762 to provide funds to develop and improve knowledge, understanding, appreciation and practice of the arts in Victoria.
State Treasury Trust Fund **
Established under the Financial Management 3,609 - 3,392 (3,291) 3,710 Act 1994 to record the receipt and disbursement of unclaimed monies and other funds held in trust.
VicFleet Vehicle Lease Trust Account
Established under section 19(2) of the 1,802 - 2,100 (938) 2,964 Financial Management Act 1994 as a specific purpose operating account. It receives funding and makes payments in relation to the government motor vehicle pool.
Commonwealth trusts
Commonwealth Treasury Trust Fund
Established under section 19 of the 63,167 - 11,616 (4,494) 70,289 Financial Management Act 1994, for the purpose of holding funds from the Commonwealth Government.
Total controlled trusts 1,546,905 - 719,180 (593,355) 1,672,730
(i) MOG refers to the machinery-of-government change which occurred on 1 January 2015. (ii) This trust account has been renamed, in 2015 it was reported as ‘Departmental Projects Trust Account’.
DEDJTR Annual Report 2015-16 177 02 FINANCIAL PERFORMANCE
Note 28. (continued)
(A) Trust account balances relating to trust accounts controlled by the department (continued) The following list of controlled trust account balances, is based on accrual accounting principles.
($ thousand)
2014 MOG(i) Revenue Expense 2015
CONTROLLED TRUSTS
State trusts
Better Roads Victoria Trust Account
Established under the Business Franchise - 644,611 455,201 (268,843) 830,969 (Petroleum Products) Act 1979 to provide funding for road improvements across Victoria.
Regional Growth Fund
Established under the Regional Growth Fund 225,993 - 136,579 (120,435) 242,137 Act 2011 to support regional cities and country communities in infrastructure, facilities, services, job creation, career opportunities and to increase investment.
State Development Special Projects Trust Account *
Established under section 19 of the Financial 88,137 4,763 120,402 (116,850) 96,452 Management Act 1994, to assist in facilitating, encouraging, promoting and carrying out activities leading to a balanced economic development of the State of Victoria.
Agriculture Projects Trust Account(ii)
Established under section 19 of the Financial - 240,721 31,444 (7,155) 265,010 Management Act 1994, to assist in facilitating, encouraging, promoting and carrying out activities leading to a balanced economic development of the State of Victoria.
Disease Compensation Funds
Established under section 5 of the Livestock - 18,133 3,526 (2,582) 19,077 Disease Control Act 1994 to support the control and eradication of any outbreak and to provide compensation for livestock destroyed due to suffering or suspected of suffering from diseases.
Plant, Equipment and Machinery Trust Accounts
Operate under section 23 of the Conservation, - 16,786 2,393 (1,191) 17,988 Forests and Lands Act 1987 and section 141 of the Fisheries Act 1995 to enable the purchase of plant, equipment or machinery required for the purposes of the Acts, and for the operation, maintenance and repair of that plant, equipment or machinery, and to enable the payment of any other expenses in relation thereto.
178 DEDJTR Annual Report 2015-16 ($ thousand)
2014 MOG(i) Revenue Expense 2015
Recreational Fishing Licences Trust Account
Operates under section 151B of the Fisheries - 2,553 6,076 (5,715) 2,914 Act 1995 to disburse revenue derived from the sale of recreational fishing licenses to projects that will further improve recreational fishing opportunities in Victoria, and to fund costs incurred in the administration of recreational fishing licences and the account.
Arts Fund
Established under the Arts Victoria Act 1972 - 3,820 1,095 (1,135) 3,780 to provide funds to develop and improve knowledge, understanding, appreciation and practice of the arts in Victoria.
State Treasury Trust Fund **
Established under the Financial Management 1,648 1,667 2,991 (2,697) 3,609 Act 1994 to record the receipt and disbursement of unclaimed monies and other funds held in trust.
VicFleet Vehicle Lease Trust Account
Established under section 19(2) of the 438 1,015 574 (225) 1,802 Financial Management Act 1994 as a specific purpose operating account. It receives funding and makes payments in relation to the government motor vehicle pool.
Commonwealth trusts
Commonwealth Treasury Trust Fund
Established under section 19 of the 26,404 - 40,929 (4,166) 63,167 Financial Management Act 1994, for the purpose of holding funds from the Commonwealth Government.
Total controlled trusts 342,620 934,069 801,210 (530,994) 1,546,905
(i) MOG refers to the machinery-of-government change which occurred as at 1 January 2015. * In the previous financial year the department reported funds associated with the ‘Energy Earth Resources Trust Account’ as a separate trust account. These funds are a segment within the State Development Special Projects Trust Account and as such do not constitute a different trust account. The comparative amounts are now incorporated in the State Development Special Projects Trust Account and were reported in 2015 as follows:
Earth and Energy Resources Trust Account 6,434 - 17 (128) 6,323
** ‘The State Treasury Trust Fund’ comparative incorporates the 2015 amounts for ‘Natural Disaster Relief Trust’ which were reported as a separate line in this note. The department does not operate a separate trust fund for natural disaster relief funds and as such the comparative amounts are now incorporated in the State Treasury Trust Fund and were as follows:
Natural Disasters Relief Trust Fund 1,209 - 2,624 (2,665) 1,168
DEDJTR Annual Report 2015-16 179 02 FINANCIAL PERFORMANCE
Note 28. (continued)
(B) Trust account balances relating to trust accounts administered by the department The following list of controlled trust account balances, is based on accrual accounting principles.
($ thousand)
2014 MOG(i) Revenue Expense 2015
ADMINISTERED TRUSTS
State trusts
State Treasury Trust Fund 1,755
Established under the Financial Management 1,351 - 409 (5) Act 1994 to record the receipt and disbursement of unclaimed monies and other funds held in trust.
Lysterfield Reclamation Levy Trust Fund
Established under section 7 of the Extractive 4,103 - 79 - 4,182 Industries (Lysterfield) Act 1986for the purposes of applying monies received in the trust to the reclamation of certain lands in accordance with the Act.
ANZAC Day Proceeds Trust Fund
Established under the ANZAC Day Act 1958 231 - 177 (288) 120 to receive funds as required to be paid by the ANZAC Day Act 1958 and the Racing Act 1958 and to be credited to the Victorian Veterans Fund.
Public Service Commuters Club
Established under the Financial Management (199) - - (278) (477) Act 1994 to record the receipt of amounts associated with the scheme and deductions from club members salaries as well as recording payment to the Public Transport Corporation.
Total administered trusts 5,486 - 665 (571) 5,580
State Treasury Trust Fund
Established under the Financial Management (9) 1,229 1,750 (1,619) 1,351 Act 1994 to record the receipt and disbursement of unclaimed monies and other funds held in trust.
Lysterfield Reclamation Levy Trust Fund
Established under section 7 of the Extractive 3,717 - 386 - 4,103 Industries (Lysterfield) Act 1986for the purposes of applying monies received in the trust to the reclamation of certain lands in accordance with the Act.
180 DEDJTR Annual Report 2015-16 ($ thousand)
2014 MOG(i) Revenue Expense 2015
ANZAC Day Proceeds Trust Fund
Established under the ANZAC Day Act 1958 - 40 191 - 231 to receive funds as required to be paid by the ANZAC Day Act 1958 and the Racing Act 1958 and to be credited to the Victorian Veterans Fund.
Public Service Commuters Club
Established under the Financial Management (122) (48) - (29) (199) Act 1994 to record the receipt of amounts associated with the scheme and deductions from club members salaries as well as recording payment to the Public Transport Corporation.
Total controlled trusts 3,586 1,221 2,327 (1,648) 5,486
(i) MOG refers to the machinery-of-government change which occurred on 1 January 2015.
(C) Trust account cash balances The following is a list of cash held in trust account balances relating to trusts controlled and administered by the department.
($ thousand)
2016 2015
CONTROLLED TRUSTS
State trusts
Better Roads Victoria Trust Account 1,022,316 925,028
Regional Growth Fund 264,784 258,014
State Development Special Projects Trust Account * 89,461 97,715
Agriculture Projects Trust Account ** 47,320 61,733
Disease Compensation fund 23,029 19,168
State Treasury Fund 3,813 10,439
Recreational Fishing Licences Trust 5,355 5,073
Arts Fund 4,246 3,566
Plant and Equipment Trust Account 9,188 3,142
VicFleet Vehicle Lease Trust Account 2,666 1,432
Commonwealth trusts
Commonwealth Treasury Trust Accounts 67,355 39,300
Total controlled trusts 1,539,533 1,424,610
(i) MOG refers to themachinery-of-government change which occurred on 1 January 2015.
DEDJTR Annual Report 2015-16 181 02 FINANCIAL PERFORMANCE
Note 28. (continued)
(C) Trust account cash balances (continued)
($ thousand)
2016 2015
ADMINISTERED TRUSTS
State trusts
Treasury Trust Fund 13,825 12,883
Lysterfield Levy Trust Fund 4,178 4,032
ANZAC Day Proceeds Trust Fund 120 231
Public Service Commuter Club Trust (477) (361)
Total administered trusts 17,646 16,785 The department’s Public Service Commuters Club Trust sits in deficit due to the timing between the purchase of travel tickets and reimbursement from employees. The trust’s working capital is funded by the Department of Treasury and Finance, and the overall trust balance is in surplus.
* Last financial year the department reported the Energy and Earth Resources Trust Account (balance of $6.308M in 2015) as a separate trust account. It is not a separate trust but a segment within the State Development Special Projects Trust Account and as such does not constitute a separate trust account.
** This trust account has been renamed, in 2015 it was reported as ‘Departmental Projects Trust Account.
(D) Trust accounts opened and closed by the department During the 2016 financial year no new trust accounts were opened or closed by the department.
182 DEDJTR Annual Report 2015-16 Note 29. Responsible persons In accordance with the directions issued by the Minister for Finance under the Financial Management Act 1994, the following disclosures are made regarding responsible persons for the reporting period.
The persons who held the positions of ministers and accountable officer in DEDJTR were:
Secretary, Department of Economic Development, Mr Richard Bolt 1 July 2015 to 30 June 2016 Jobs,Transport and Resources
Minister for Public Transport The Hon. Jacinta Allan MP 1 July 2015 to 30 June 2016
Minister for Major Projects The Hon. Jacinta Allan MP 23 May 2016 to 30 June 2016
Minister for Employment The Hon. Jacinta Allan MP 1 July 2015 to 23 May 2016
Minister for Industry The Hon. Lily D’Ambrosio MP 1 July 2015 to 23 May 2016
Minister for Industry and Employment The Hon. Wade Noonan MP 23 May 2016 to 30 June 2016
Minister for Energy and Resources The Hon. Lily D’Ambrosio MP 1 July 2015 to 23 May 2016
Minister for Energy, Environment and Climate Change The Hon. Lily D’Ambrosio MP 23 May 2016 to 30 June 2016
Minister for Resources The Hon. Wade Noonan MP 23 May 2016 to 30 June 2016
Minister for Roads & Road Safety The Hon. Luke Donnellan MP 1 July 2015 to 30 June 2016
Minister for Ports The Hon. Luke Donnellan MP 1 July 2015 to 30 June 2016
Minister for Creative Industries The Hon. Martin Foley MP 1 July 2015 to 30 June 2016
Minister for International Education The Hon. Steve Herbert MLC 23 May 2016 to 30 June 2016
Minister for Industrial Relations The Hon. Natalie Hutchins MP 1 July 2015 to 30 June 2016
Minister for Agriculture The Hon. Jaala Pulford MLC 1 July 2015 to 30 June 2016
Minister for Regional Development The Hon. Jaala Pulford MLC 1 July 2015 to 30 June 2016
Minister for Tourism and Major Events The Hon. John Eren MP 1 July 2015 to 30 June 2016
Minister for Small Business, Innovation and Trade The Hon. Adem Somyürek 1 July 2015 to 28 July 2015
The Hon. Jacinta Allan MP 28 July 2015 to 31 July 2015
The Hon. Philip Dalidakis MLC 31 July 2015 to 30 June 2016
Accountable officers’ remuneration Total remuneration received or receivable by the accountable officers in connection with the management of the department during the reporting period was:
Total remuneration
2016 2015
Income band No. No.
$200,000 - $209,999 - 1 $240,000 - $249,999 - 1 $510,000 - $519,999 1 -
Total numbers 1 2
Other related transactions and loans requiring disclosure under the directions of the Minister for Finance have been considered and there are no matters to report.
Amounts relating to ministers are reported in the financial statements of the Department of Premier and Cabinet. For information regarding related party transactions of ministers, the register of members’ interests is publicly available from: www.parliament.vic.gov.au/publications/regster-of-interests.
DEDJTR Annual Report 2015-16 183 02 FINANCIAL PERFORMANCE
Note 30. Remuneration of executives and payments to other personnel
(A) Remuneration of executives The base remuneration of executive officers is shown in the third and fourth columns. Base The number of executive officers, other than remuneration is exclusive of bonus payments, ministers and accountable officers, and their total long service leave payments, redundancy payments remuneration during the reporting period are shown and retirement benefits. in the first two columns in the table below in their relevant income bands. The total annualised employee equivalent provides a measure of full time equivalent executive officers
over the reporting period.
Total remuneration Base remuneration
2016 2015 2016 2015
Income band No. No. No. No.
Less than $100,000 24 49 28 58
$100,000 - $109,999 8 18 9 13
$110,000 - $119,999 3 9 5 8
$120,000 - $129,999 3 7 3 6
$130,000 - $139,999 6 4 5 4
$140,000 - $149,999 - 6 - 6
$150,000 - $159,999 4 2 6 2
$160,000 - $169,999 5 4 4 4
$170,000 - $179,999 7 6 8 7
$180,000 - $189,999 7 4 9 5
$190,000 - $199,999 7 8 9 6
$200,000 - $209,999 12 3 14 5
$210,000 - $219,999 12 2 6 1
$220,000 - $229,999 5 - 6 4
$230,000 - $239,999 6 3 6 2
$240,000 - $249,999 8 4 6 3
$250,000 - $259,999 6 4 8 1
$260,000 - $269,999 8 - 7 -
$270,000 - $279,999 2 1 1 1
$280,000 - $289,999 1 - 2 2
$290,000 - $299,999 9 2 6 2
$300,000 - $309,999 2 3 1 -
$310,000 - $319,999 1 - 2 -
$320,000 - $329,999 4 - 2 -
$330,000 - $339,999 2 - 1 -
$340,000 - $349,999 2 - 3 1
$350,000 - $359,999 2 1 2 -
184 DEDJTR Annual Report 2015-16 Total remuneration Base remuneration
2016 2015 2016 2015
Income band No. No. No. No.
$360,000 - $369,999 3 - 1 -
$370,000 - $379,999 2 - 2 1
$390,000 - $399,999 1 1 - -
$410,000 - $419,999 - 1 - -
$450,000 - $459,999 - - 1 -
$480,000 - $489,999 1 - - -
Total numbers (b) 163 142 163 142
Total annualised employee equivalent (AEE) (a) (b) 126.5 83.6 126.5 83.6
Total amount ($ thousand) 32,844 19,269 30,677 18,290
(a) Annualised employee equivalent is based on working 38 ordinary hours per week over the reporting period. (b) The 2015 amounts are for the former Department of State Development, Business and Innovation (for 12 months) which was renamed to the Department of Economic Development, Jobs, Transport and Resources on 1 January 2016 and for the former Transport, Agriculture and Creative Victoria Groups (for the six months from 1 January 2015). 2015-16 executive numbers and remuneration reflects resources required to support the delivery of major transport infrastructure projects.
DEDJTR Annual Report 2015-16 185 02 FINANCIAL PERFORMANCE
Note 30. (continued)
(B) Payments to other personnel Payments have been made to a number (contractors with significant of contractors with significant management management responsibilities) responsibilities, which are disclosed in the $10,000 expense band. These contractors are responsible for planning, directing or controlling, directly The following disclosures are made in relation or indirectly, the department’s activities. to other personnel of the department, i.e. contractors charged with significant management responsibilities.
Total other personnel
2016 2015
Income band No. No.
Less than $100,000 1 -
$100,000 - $109,999 - 1
$140,000 - $149,999 1 1
$150,000 - $159,999 - 1
$170,000 - $179,999 1 -
$210,000 - $219,999 - 1
$220,000 - $229,999 - 1
$250,000 - $259,999 1 -
$270,000 - $279,999 2 1
$290,000 - $299,999 1 -
$300,000 - $309,999 1 -
$310,000 - $319,999 1 1
$320,000 - $329,999 - 3
$340,000 - $349,999 - 1
$360,000 - $369,999 1 -
$390,000 - $399,999 - 1
$450,000 - $459,999 1 -
$480,000 - $489,999 3 -
$590,000 - $599,999 1 -
$680,000 - $689,999 1 -
Total numbers (a) 16 12
Total amount (exclusive of GST) ($ thousand) (a) 5,673 3,158
(a) Numbers and remuneration reflects resources required to support the delivery of major transport and infrastructure projects.
186 DEDJTR Annual Report 2015-16 Note 31. Remuneration of auditors
($ thousand)
2016 2015
Victorian Auditor-General's Office
Audit of the financial statements 535 525
Total 535 525
Note 32. Subsequent events Borrowings The premier issued a General Order on 23 May 2016 Borrowings refers to interest bearing liabilities to transfer the Energy division to the Department mainly from public borrowings raised through of Environment, Land, Water and Planning (DELWP). the TCV, finance leases and other interest bearing The effective financial date of the General Order arrangements. Borrowings also include non-interest was 1 July 2016. bearing advances from government that are acquired for policy purposes. The premier issued a General Order on 27 June 2016 to establish Transport for Victoria (TFV), Comprehensive result a new central transport agency to coordinate The net result of all items of income and expense Victoria’s growing transport system and plan for recognised for the period. It is the aggregate of the its future. Legislation will be introduced to establish operating result and other comprehensive income. the new body after 1 July 2016. Capital asset charge Note 33. Glossary of terms A charge levied on the written down value of controlled non-current physical assets in a Actuarial gains or losses on superannuation department’s balance sheet which aims to attribute defined benefit plans to agency outputs the opportunity cost of capital Actuarial gains or losses are changes in the present used in service delivery and provide incentives to value of the superannuation defined benefit liability departments to identify and dispose of underutilised resulting from experience adjustments (the effects or surplus assets in a timely manner. of differences between the previous actuarial Commitments assumptions and what has actually occurred) and the effects of changes in actuarial assumptions. Commitments include those operating, capital and other outsourcing commitments arising from non- Administered item cancellable contractual or statutory sources. Administered item generally refers to a department Controlled item lacking the capacity to benefit from that item in the pursuit of the entity’s objectives and to deny Controlled item generally refers to the capacity of a or regulate the access of others to that benefit. department to benefit from that item in the pursuit of the entity’s objectives and to deny or regulate the Amortisation access of others to that benefit. Amortisation is the expense which results from the Current grants consumption, extraction or use over time of a non- produced physical or intangible asset. This expense Amounts payable or receivable for current purposes is classified as an ‘other economic flow’. for which no economic benefits of equal value are receivable or payable in return. Associates Depreciation Associates are all entities over which an entity has significant influence but not control, generally Depreciation is an expense that arises from accompanying a shareholding and voting rights the consumption through wear or time of between 20 per cent and 50 per cent. of a produced physical asset. This expense is classified as a ‘transaction’ and so reduces the ‘net result from transaction’.
DEDJTR Annual Report 2015-16 187 02 FINANCIAL PERFORMANCE
Note 33. (continued) Financial instrument A financial instrument is any contract that gives Effective interest method rise to a financial asset of one entity and a financial The effective interest method is used to calculate liability or equity instrument of another entity. the amortised cost of a financial asset or liability Financial assets or liabilities that are not contractual and of allocating interest income over the relevant (such as statutory receivables or payables that arise period. The effective interest rate is the rate that as a result of statutory requirements imposed exactly discounts estimated future cash receipts by governments) are not financial instruments. through the expected life of the financial instrument, or, where appropriate, a shorter period. Financial liability A financial liability is any liability that is: Employee expenses Employee benefits expenses include all costs related (a) A contractual or statutory obligation: to employment including wages and salaries, fringe benefits tax, leave entitlements, redundancy • to deliver cash or another financial asset payments, defined benefits superannuation plans, to another entity; or and defined contribution superannuation plans. • to exchange financial assets or financial liabilities with another entity under conditions Ex gratia expenses that are potentially unfavourable to the entity; or Ex gratia expenses means the voluntary payment of money or other non-monetary benefit (e.g. a (b) A contract that will or may be settled in the write off) that is not made either to acquire goods, entity’s own equity instruments and is: services or other benefits for the entity or to meet • a non-derivative for which the entity is or may a legal liability, or to settle or resolve a possible legal be obliged to deliver a variable number of the liability or claim against the entity. entity’s own equity instruments; or Financial asset • a derivative that will or may be settled other A financial asset is any asset that is: than by the exchange of a fixed amount of cash or another financial asset for a fixed (a) cash number of the entity’s own equity instruments
(b) an equity instrument of another entity For this purpose the entity’s own equity instruments do not include instruments that are themselves (c) a contractual right or statutory right: contracts for the future receipt or delivery of the • to receive cash or another financial asset from entity’s own equity instruments. another entity; or Financial statements • to exchange financial assets or financial A complete set of financial statements comprises: liabilities with another entity under conditions that are potentially favourable to the entity; or • a balance sheet as at the end of the period
(d) a contract that will or may be settled in the • a comprehensive operating statement entity’s own equity instruments and is: for the period • a statement of changes in equity for the period • a non-derivative for which the entity is or may be obliged to receive a variable number of the • a cash flow statement for the period entity’s own equity instruments; or • notes, comprising a summary of significant • a derivative that will or may be settled other accounting policies and other than by the exchange of a fixed amount of explanatory information cash or another financial asset for a fixed • comprehensive information in respect of the number of the entity’s own equity instruments. preceding period as specified in paragraphs 38 of AASB 101 Presentation of Financial Statements • a statement of financial position as at the beginning of the preceding period when an entity applies an accounting policy retrospectively or makes a retrospective restatement of items in its financial statements, or when it reclassifies items in its financial statements in accordance with paragraphs 41 of AASB 101.
188 DEDJTR Annual Report 2015-16 Grants and other transfers Intangible produced assets Transactions in which one unit provides goods, Refer to produced assets in this glossary. services, assets (or extinguishes a liability) or labour to another unit without receiving approximately Intangible non-produced assets equal value in return. Grants can either be operating Refer to non-produced asset in this glossary. or capital in nature. Interest expense While grants to governments may result in the Costs incurred in connection with the borrowing provision of some goods or services to the transferor, of funds. Interest expenses include interest on bank they do not give the transferor a claim to receive overdrafts and short-term and long-term borrowings, directly benefits of approximately equal value. amortisation of discounts or premiums relating For this reason, grants are referred to by the AASB to borrowings, interest component of finance lease as involuntary transfers and are termed non repayments and the increase in financial liabilities reciprocal transfers. Receipt and sacrifice of and non-employee provisions due to the unwinding approximately equal value may occur, but only of discounts to reflect the passage of time. by coincidence. For example, governments are not obliged to provide commensurate benefits in the Interest income form of goods or services to particular taxpayers Interest income includes unwinding over time in return for their taxes. of discounts on financial assets and interest received on bank term deposits and other investments. Grants can be paid as general purpose grants which refer to grants that are not subject to conditions Investment properties regarding their use. Alternatively, they may be paid Investment properties represent properties held as specific purpose grants which are paid for to earn rentals or for capital appreciation or both. a particular purpose and/or have conditions Investment properties exclude properties held attached regarding their use. to meet service delivery objectives of the State General government sector of Victoria. The general government sector comprises all Joint ventures government departments, offices and other bodies Joint ventures are contractual arrangements engaged in providing services free of charge or at between the department and one or more other a price significantly below their cost of production. parties to undertake an economic activity that General government services include those which is subject to joint control and have rights to the net are mainly non-market in nature, those which are assets of the arrangement. Joint control only exists largely for collective consumption by the community when the strategic financial and operating decisions and those which involve the transfer or redistribution relating to the activity require the unanimous of income. These services are financed mainly consent of the parties sharing control (the venturers). through taxes, or other compulsory levies and user charges. Net acquisition of non-financial assets (from transactions) Grants for on-passing Purchases (and other acquisitions) of non-financial All grants paid to one institutional sector (e.g. a state assets less sales (or disposals) of non-financial general government) to be passed on to another assets less depreciation plus changes in inventories institutional sector (e.g. local government or a private and other movements in non-financial assets. non-profit institution). Includes only those increases or decreases in Infrastructure systems non-financial assets resulting from transactions and therefore excludes write offs, impairment Infrastructure systems provide essential services write-downs and revaluations. used in the delivery of final services or products. They are generally a complex interconnected Net result network of individual assets and mainly include Net result is a measure of financial performance sewerage systems, water storage and supply of the operations for the period. It is the net result systems, ports, utilities and public transport assets of items of income, gains and expenses (including owned by the state. losses) recognised for the period, excluding those that are classified as ’other economic flows - other comprehensive income’.
DEDJTR Annual Report 2015-16 189 02 FINANCIAL PERFORMANCE
Note 33. (continued) Other economic flows – other comprehensive income Net result from transactions/net operating balance Other economic flows – other comprehensive Net result from transactions or net operating income comprises items (including reclassification balance is a key fiscal aggregate and is income from adjustments) that are not recognised in net result transactions minus expenses from transactions. It as required or permitted by other Australian is a summary measure of the ongoing sustainability Accounting Standards. of operations. It excludes gains and losses resulting from changes in price levels and other changes The components of other economic flows - other in the volume of assets. It is the component of the comprehensive income include: change in net worth that is due to transactions and can be attributed directly to government policies. • changes in physical asset revaluation surplus • share of net movement in revaluation surplus Net worth of associates and joint ventures Assets less liabilities, which is an economic measure • gains and losses on remeasuring of wealth. available-for-sale financial assets. Non-financial assets Payables Non-financial assets are all assets that are not Includes short-term and long-term trade ‘financial assets’. It includes inventories, land, debt and accounts payable, grants, taxes buildings, infrastructure, road networks, land under and interest payable. roads, plant and equipment, investment properties, cultural and heritage assets, intangible and Produced assets biological assets. Produced assets include buildings, plant and Non-produced assets equipment, inventories, cultivated assets and certain intangible assets. Intangible produced assets may Non-produced assets are assets needed for include computer software, motion picture films, production that have not themselves been and research and development costs (which does produced. They include land, subsoil assets, and not include the start-up costs associated with certain intangible assets. Non produced intangibles capital projects). are intangible assets needed for production that have not themselves been produced. They include Public financial corporation sector constructs of society such as patents. Public financial corporations are bodies primarily Other economic flows included in net result engaged in the provision of financial intermediation services or auxiliary financial services. They are able Other economic flows included in net result are to incur financial liabilities on their own account changes in the volume or value of an asset or liability (e.g. taking deposits, issuing securities or providing that do not result from transactions including: insurance services). Estimates are not published for • gains and losses from disposals; revaluations the public financial corporation sector. and impairments of non-financial physical Public non-financial corporation sector and intangible assets The public non-financial corporation (PNFC) sector • fair value changes of financial instruments comprises bodies mainly engaged in the production and agricultural assets of goods and services (of a non financial nature) • depletion of natural assets (non-produced) for sale in the market place at prices that aim by their use or removal. to recover most of the costs involved (e.g. water and port authorities). In general, PNFCs are legally distinguishable from the governments which own them.
190 DEDJTR Annual Report 2015-16 Quasi corporation Transactions This is an unincorporated enterprise that functions Transactions are those economic flows that are as if it were a corporation, has the same relationship considered to arise as a result of policy decisions, with its owner as a corporation, and keeps usually an interaction between two entities by a separate set of accounts. mutual agreement. They also include flows within an entity such as depreciation where the owner Receivables is simultaneously acting as the owner of the Includes amounts owing from government through depreciating asset and as the consumer of the appropriation receivable, short and long-term service provided by the asset. Taxation is regarded credit and accounts receivable, accrued investment as mutually agreed interactions between the income, grants, taxes and interest receivable. government and taxpayers. Transactions can be in kind (e.g. assets provided/given free of charge Sales of goods and service or for nominal consideration) or where the final Refers to income from the direct provision of goods consideration is cash. In simple terms, transactions and services and includes fees and charges for arise from the policy decisions of the government. services rendered, sales of goods and services, fees from regulatory services, work done as an agent for Style conventions private enterprises. It also includes rental income Figures in the tables and in the text have been under operating leases and on produced assets rounded. Discrepancies in tables between totals such as buildings and entertainment, but excludes and sums of components reflect rounding. rent income from the use of non-produced assets Percentage variations in all tables are based such as land. User charges include sale of goods on the underlying unrounded amounts. and services income. The notation used in the tables is as follows: Supplies and services Supplies and services generally represent cost .. zero, or rounded to zero of goods sold and the day-to-day running costs, (xxx.x) negative numbers including maintenance costs incurred in the normal operations of the department. 200x year period
Taxation income 200x-0x year period Taxation income represents income received from The financial statements and notes are presented the state’s taxpayers and includes: based on the illustration for a government department in the 2015-16 Model Report for Victorian • payroll tax, land tax and duties levied principally Government Departments. The presentation on conveyances and land transfers of other disclosures is generally consistent with • gambling taxes levied mainly on private lotteries, the other disclosures made in earlier publications electronic gaming machines, casino operations of the department’s annual reports. and racing • insurance duty relating to compulsory third party, life and non life policies • insurance company contributions to fire brigades • motor vehicle taxes, including registration fees and duty on registrations and transfers • levies (including the environmental levy) on statutory corporations in other sectors of government • other taxes, including landfill levies, licence and concession fees.
DEDJTR Annual Report 2015-16 191 192 DEDJTR Annual Report 2015-16 03 NON-FINANCIAL PERFORMANCE
DEDJTR Annual Report 2015-16 193 03 NON-FINANCIAL PERFORMANCE
Portfolio performance reporting – non-financial
Changes to the department’s objectives and output structure during 2015-16 Table 1 Changes to departmental objectives, indicators and outputs Departmental objectives and outputs were revised as a result of an internal review as shown in Table 1 following the creation of the department effective 1 January 2015.
2014-15 objectives 2014-15 outputs 2015-16 objectives 2015-16 outputs Reasons for change
Create productive Agriculture Biosecurity More productive, Agriculture These outputs were and competitive competitive and transferred from the agricultural industries sustainable food, former Department fibre, energy and of Environment and Sustainably manage Sustainably Manage Sustainably Manage, resources industries Primary Industries as fish and forest Fish and Forest Fish, Game and Forest a result of machinery- resources Resources Resources of-government changes
Promote the delivery Energy and Resources Energy and Resources The former of safe, reliable and Department of competitive energy State Development, services, and grow Business and a sustainable Innovation was resources sector renamed the Department of Economic Development, Jobs, Transport and Resources from 1 January 2015
Developing and Access, Industry Increase the Access, Industry These outputs were promoting a thriving Development and economic, social Development and transferred from Victorian arts and Innovation and cultural value Innovation the Department cultural sector and impact of the of Premier and Cultural Infrastructure Cultural Infrastructure creative industries Cabinet as a result and Facilities and Facilities of machinery-of- Arts Portfolio Agencies Creative Industries government changes (part) Portfolio Agencies
Sound financial Budget and Financial Increase sustainable Industrial Relations Part of this output management of Policy Advice (part) employment was transferred from Victoria’s fiscal opportunities for the Department resources Victorians and build of Treasury and investment, trade and Finance as a result tourism prospects of machinery-of- for the State through government changes working with priority industry sectors, delivering major projects, investing in regional Victoria, providing innovation opportunities for businesses, and building resilience in the State’s workforce
194 DEDJTR Annual Report 2015-16 2014-15 objectives 2014-15 outputs 2015-16 objectives 2015-16 outputs Reasons for change
Assist businesses Employment Increase sustainable Employment and The former in accessing skilled employment Investment Department of workers to align opportunities for State Development, with Victoria’s Victorians and build Business and industry needs investment, trade and Innovation was tourism prospects renamed the Create more Small Business Industry and for the State through Department opportunities for Assistance Enterprise Innovation working with priority of Economic Victorian businesses Trade and Export industry sectors, Trade Development, to grow and become Facilitation delivering major Jobs, Transport more productive and projects, investing and Resources from competitive in the in regional Victoria, 1 January 2015 global marketplace providing innovation Provide market Investment Attraction, opportunities for Major Projects intelligence and Facilitation and Major businesses, and assistance to Projects building resilience in organisations the State’s workforce Regional Development Regional Development to make it easy to and Regional Cities invest in Victoria
Facilitate strategic Sport and Recreation Tourism, Major Events Part of this output was investment in State (part) and International transferred from the and local infrastructure Education former Department of Transport, Planning and Local Infrastructure as a result of machinery- of-government changes
DEDJTR Annual Report 2015-16 195 03 NON-FINANCIAL PERFORMANCE
2014-15 objectives 2014-15 outputs 2015-16 objectives 2015-16 outputs Reasons for change
Higher-quality Metropolitan More productive Bus Services These outputs were transport services Transport Services and liveable cities transferred from the Well-targeted Regional Transport and regions through former Department improvements Services improved transport of Transport, and maintenance Statewide Transport services and better Planning and Local to transport Services infrastructure Infrastructure as a system assets Public Transport result of machinery- Network of-government Improvements and changes Maintenance
Metropolitan Tram Services Transport Services Public Transport Network Improvements and Maintenance
Well‑targeted Road Network Integrated Transport improvements and Improvements maintenance to Integrated Transport transport system System Planning assets Road Network Port and Freight Improvements Network Access Ports and Freight Network Improvements and Maintenance
Road Asset Road Asset Management Management
Road Network Road Operations Improvements and Network Improvements
Safer transport Transport Safety Taxi and Hire Vehicle services and Regulation and Services infrastructure Investigations Higher-quality Statewide Transport transport services Services
Safer transport Transport Safety Train Services services and Regulation and infrastructure Investigations Higher-quality Metropolitan transport services Transport Services Well-targeted Regional Transport improvements and Services maintenance to Statewide Transport transport system Services assets Public Transport Network Improvements and Maintenance
Safer transport Transport Safety Transport Safety, services and Regulation and Security and infrastructure Investigations Emergency Well-targeted Transport Safety and Management improvements and Security Management maintenance to Road Network transport system Improvements assets
196 DEDJTR Annual Report 2015-16 Departmental objectives, indicators and outputs Table 2 Departmental objectives, indicators and linked outputs The medium-term departmental objectives, associated indicators and linked outputs as set out in the 2015-16 State Budget Paper No. 3 Service Delivery are shown in Table 2.
Departmental objectives Objective indicators Outputs
Increase the economic, social Attendance at creative and cultural Access, Industry Development and cultural value and impact events and experiences and Innovation of the creative industries Creative organisations Creative Industries Portfolio Agencies and projects supported Cultural Infrastructure and Facilities Visitor satisfaction at creative and cultural events, and state-owned cultural facilities
Increase sustainable employment Employment resulting from Employment and Investment opportunities for Victorians and government investment facilitation Industrial Relations build investment, trade and tourism services and assistance prospects for the State through Industry and Enterprise Innovation Export sales generated from working with priority industry sectors, government programs Major Projects delivering major projects, investing in regional Victoria, providing innovation Major projects delivered Regional Development opportunities for businesses, and New investment resulting from Tourism, Major Events building resilience in the State’s government facilitation services and International Education workforce and assistance Trade Number of business engagements
Tourists, investors and students attracted
More productive, competitive and Relative share of Victorian energy Agriculture sustainable food, fibre, energy and sourced from renewables Energy and Resources resources industries Value of Victorian agriculture Sustainably Manage Fish, Game production and Forest Resources Value of Victorian earth resources production
Value of Victorian food and fibre exports
More productive and liveable cities and Distressed freeway and arterial road Bus Services regions through improved transport surfaces Integrated Transport services and better infrastructure Fatalities and serious injuries on the Port and Freight Network Access transport network reduced Road Asset Management Public transport customer satisfaction Road Operations and Network Public transport services delivered Improvements on time Taxi and Hire Vehicle Services Punctuality of the metropolitan road network Train Services
Scheduled public transport Tram Services services delivered Transport Safety, Security and Transport projects delivery Emergency Management complies with agreed scope, timeframes and budget
DEDJTR Annual Report 2015-16 197 03 NON-FINANCIAL PERFORMANCE
Progress towards achieving In 2015-16, the creative industries portfolio agencies departmental objectives together attracted their largest-ever attendance. More than 11.4 million people attended agency The department seeks to lift the living standards performances, exhibitions and events in 2015-16, and wellbeing of all Victorians by sustainably 30 per cent more than the annual target growing Victoria’s economy and employment and (see Figure 1). The National Gallery of Victoria’s by working with the private and public sectors exhibition Andy Warhol | Ai Weiwei recorded a total to foster innovation, creativity, productivity, attendance of 399,127 people, the highest-selling investment, and trade. ticketed exhibition in the gallery’s history. At the This section reports the department’s progress Australian Centre for the Moving Image, 199,636 on its 2015-16 departmental objectives through people, including more than 87,800 from outside a range of indicators. Trends in these indicators Victoria, visited David Bowie is. Visitor satisfaction demonstrate the department’s performance at creative and cultural events and state-owned and progress towards achieving these objectives. cultural facilities has slightly increased over the last four years to 96 per cent (see Figure 3).
Objective During 2015-16, Victoria signed the first agreement by Increase the economic, social and cultural value any Australian state with the national government of and impact of the creative industries the People’s Republic of China. The five-year cultural exchange agreement will benefit Victoria’s cultural This objective seeks to increase the economic, and creative industries, enabling exchanges of social and cultural value of the creative industries festivals, creative partnerships, tours and to Victoria and ensure that all Victorians reap artist-in-residence opportunities. the benefits of a vibrant creative state. The number of creative organisations and projects The creative and cultural economy represents eight supported through Creative Victoria funding 1 per cent of the Victorian economy and is growing programs was more than 20 per cent higher than at almost double the rate of the broader economy. previous years (see Figure 2). It also employs more than 220,000 people and contributes $1.4 billion annually in exports2. Victoria hosted the first Melbourne International Games Week, including a 48-hour Microsoft Victoria’s first creative industries strategy, Creative hackathon; a game developers conference on State, was launched by the Minister for Creative emerging games technologies; the Game Connect Industries in April 2016. Creative State will build the Asia Pacific conference for developers, publishers sector by developing, attracting and retaining the best and investors; an Education in Games Summit; creative talent, growing the state’s creative enterprises and PAX AUS, a major international games festival. and creating new jobs and employment opportunities. It will also bring social and cultural benefits to The Access, Industry Development and Innovation, individuals and communities across the state. Creative Industries Portfolio Agencies and Cultural Infrastructure and Facilities outputs contribute to this objective.
1 Boston Consulting Group, Victoria’s Creative and Cultural Economy, April 2015. 2 2013 data from the Australian Bureau of Statistics satellite accounts of creative and cultural industries. Australian Census data, cultural employment estimate, Regional Development Victoria Gross Value-add data.
198 DEDJTR Annual Report 2015-16 Table 3 Progress towards the objective
Indicator Measure (unit of measure) 2012-13 2013-14 2014-15 2015-16
Attendance at creative and cultural Attendances at creative industries 9,615 10,253 10,189 11,403 events and experiences portfolio agencies (number, 000)
Creative organisations Creative organisations and projects 474 449 495 605 and projects supported supported through Creative Victoria funding programs
Visitor satisfaction at creative Average of visitor satisfaction rates 93 93 94 96 and cultural events, reported for creative industries portfolio and state-owned cultural facilities agencies (percentage)
Figure 1 Attendance at creative and cultural events and experiences
12,000 11,500 11,000 10,500 10,000
Number (000) Number (000) 9,500 9,000 8,500 2012-13 2013-14 2014-15 2015-16 Year Figure 2 Creative organisations and projects supported
650 600 550 500 450 Number 400 350 300 2012-13 2013-14 2014-15 2015-16 Year
Figure 3 Visitor satisfaction at creative and cultural events, and state-owned cultural facilities
100
95
90 Per cent 85
80 2012-13 2013-14 2014-15 2015-16 Year
DEDJTR Annual Report 2015-16 199 03 NON-FINANCIAL PERFORMANCE
Performance against output performance measures Table 4 Output: Access, Industry Development and Innovation Table 4 represents performance against the Access, Industry Development and Innovation output. This output supports the creative industries to maximise public benefit through expanded access to a diverse range of creative products and experiences, as well as supporting industry research, marketing and industry development.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUANTITY
Access to a diverse range of supported number 19 22 -14 projects: artist residencies in schools
The result reflects the discontinuation of Australia Council funding for six Extended Schools Residencies projects, offset by the carry-over of three Artists in Schools projects from 2014-15.
Access to a diverse range number 65 42 55 ü of supported projects: regional Touring Victoria destinations
Additional funding was made available through the Regional Jobs and Infrastructure Fund, allowing small towns to be specifically targeted for support.
Attendances at major performing number (000) 954 985 -3 arts organisations
Diverse range of product, producers number 141 135 4 ü and cultural venues supported: organisations recurrently funded
Diverse range of product, producers number 455 450 1 ü and cultural venues supported: project companies and artists funded
Diverse range of product, producers per cent 23 23 0 ü and cultural venues supported: project companies and artists funded that are regionally based
Diverse range of product, producers number 53 47 13 ü and cultural venues supported: regionally based organisations recurrently funded
Additional funding was made available through the Regional Jobs and Infrastructure Fund, allowing expansion to smaller regional organisations.
Planning and research projects number 13 13 0 ü
QUALITY
Grant recipients who met or exceeded per cent 95 85 12 ü agreed outcomes
Funded organisations are continuing to improve their performance, increasing their delivery against agreed outcomes.
Public information rated ‘informative’ per cent 90 90 0 ü or ‘very informative’ by grant applicants
200 DEDJTR Annual Report 2015-16 Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
TIMELINESS
Performance and grant agreements per cent 97 83 17 ü acquitted within timeframes specified in the funding agreement
Funded organisations that applied to the 2016 Organisations Investment Program funding round were required to prepare retrospective and acquittal data earlier than usual to meet the 12 April 2016 closing date.
VicArts Grants applications processed days 37 50 -26 ü for ministerial consideration
Efficiencies in time management resulted in productivity gains.
COST
Total output cost $ million 61.1 61.9 -1.3 ü
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
Table 5 Output: Creative Industries Portfolio Agencies Table 5 represents performance against the Creative Industries Portfolio Agencies output. This output promotes, presents and preserves the state’s heritage and creative industries through Victoria’s cultural agencies: Arts Centre Melbourne, Australian Centre for the Moving Image (ACMI), Docklands Studios Melbourne, Film Victoria, Geelong Performing Arts Centre, Melbourne Recital Centre, Museum Victoria, National Gallery of Victoria and State Library Victoria.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUANTITY
Access: agency website visitation number (000) 20,614 13,930 48 ü
Agencies had stronger digital online content, significantly increased their social media interaction, and experienced increased online ticket purchases.
Access: users/attendances at all agencies number (000) 11,403 8,800 30 ü
The popularity of exhibitions such as David Bowie Is, Andy Warhol | Ai Weiwei, and Jurassic World, and the Flinders Street entrance to ACMI being reopened resulted in increased attendances.
Additional employment from production number 8,068 7,500 8 ü supported by Film Victoria
A number of television drama projects employed a larger number of cast and crew than anticipated.
Agency service delivery number 8 8 0 ü agreements in place
Community engagement: members number 49,530 43,000 15 ü and friends of agencies
Engagement and relationship-building led to increased retention of members and friends.
Community engagement: volunteer hours number 91,291 90,500 1 ü
Education: students participating number 570,473 500,000 14 ü in agency education programs
Increased admissions at Scienceworks, the popularity of Screenworlds and the WW1 Centenary Exhibition, record attendance at Andy Warhol | Ai Weiwei, and the successful collaboration between the library’s Centre for Youth Literature and ABC Splash at State Library Victoria resulted in increased student participation.
Value of film, television and digital $ million 173 173 0 ü media production supported by Film Victoria production
DEDJTR Annual Report 2015-16 201 03 NON-FINANCIAL PERFORMANCE
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUALITY
Agency collections storage meeting per cent 84 86 -2 industry standard
Visitors satisfied with visit: per cent 96 92 4 ü Australian Centre for the Moving Image
Visitors satisfied with visit: per cent 96 98 -2 Geelong Performing Arts Centre
Visitors satisfied with visit: per cent 98 92 7 ü Melbourne Recital Centre
The centre’s programming has been well-received by audiences and critics, and there has been continuous improvements to front of house, communications and customer service.
Visitors satisfied with visit: per cent 99 90 10 ü Museum Victoria
The refurbishment of existing exhibitions, opening of new exhibitions, targeted programing, and large-scale events such as White Night, led to increased visitor satisfaction.
Visitors satisfied with visit: per cent 98 95 3 ü National Gallery of Victoria
Visitors satisfied with visit: per cent 87 90 -3 State Library Victoria
Visitors satisfied with visit: per cent 97 95 2 ü Arts Centre Melbourne
TIMELINESS
Arts portfolio public body annual per cent 100 100 0 ü reports tabled in Parliament by the required statutory dates
COST
Total output cost $ million 344.9 337.0 2.3
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
202 DEDJTR Annual Report 2015-16 Table 6 Output: Cultural Infrastructure and Facilities Table 6 represents performance against the Cultural Infrastructure and Facilities output. This output supports Victorian cultural venues and state-owned facilities through strategic assessment and provision of advice on portfolio infrastructure proposals and projects. The output includes consolidation of portfolio asset management plans and management of funding programs for maintenance and minor capital works.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUANTITY
Infrastructure development number 4 4 0 ü projects underway
Risk management projects completed number 3 3 0 ü
State-owned cultural facilities number 28 28 0 ü maintained to meet service and statutory standards
QUALITY
Success measures of projects achieved per cent 93 90 3 ü
TIMELINESS
Performance and grant agreements per cent 92 90 2 ü completed within agreed timeframes
COST
Total output cost $ million 103.1 101.3 1.8
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
DEDJTR Annual Report 2015-16 203 03 NON-FINANCIAL PERFORMANCE
Objective In 2015-16, the department developed or delivered 20 major projects, well above the target of 15. Increase sustainable employment opportunities for For example, the Melbourne Wholesale Fruit and Victorians and build investment, trade and tourism Vegetable Market, which commenced operations prospects for the State through working with in August 2015, is in a new purpose-built facility priority industry sectors, delivering major projects, on a 60-hectare site at Epping and provides critical investing in regional Victoria, providing innovation linkages between growers, wholesalers, retailers opportunities for businesses, and building resilience and the fresh-produce supply chain. More than in the State’s workforce 4000 businesses use the market as a base to buy A key aim of the department is supporting economic and sell fresh produce for distribution across growth by seeking to maximise employment and Victoria and Australia. by creating long-term economic benefits from tourism, investment, major projects and international The department made 14,782 business engagements education. In supporting that aim, the department in 2015-16 compared with 13,200 in 2014-15; these nurtures a productive workplaces landscape with its engagements included support to eight priority oversight of fair and efficient laws and bargaining industry sectors following the release of eight processes and by its overt support of fair outcomes Future Industry sector strategies in March 2016, and for Victorian workers. identified new investment and trade opportunities.
The department also delivers a range of initiatives In 2015-16, major sporting and cultural events such and activities to foster investment, growth and as the Australian Open Tennis, AFL Grand Final employment opportunities to support workers, Week, the Australian Formula One Grand Prix and industries and regions. In 2015-16 the state exceeded the Spring Racing Carnival contributed to the 6.3 per its investment and jobs targets by generating more cent growth in the number of domestic overnight than $2.46 billion in new capital investment against visitors to and within Victoria (Figure 6). The number a departmental target of $2.1 billion and by the and expenditure of international visitors also grew creation of 5523 full-time equivalent jobs against compared with 2014-15 (Figure 7), driven by growth a target of 4600. Significant projects facilitated by from key markets including China. the Victorian Government include the establishment of the National Broadband Network’s Technical In 2015-16, Victoria maintained its market share of Support, Administrative Support and Engineering international students in Australia. The International Centre; GoPro’s Australian and New Zealand Education Sector Strategy, released in March 2016, headquarters; and Zendesk’s Asia Pacific Software outlines the areas where the government will work Engineering Centre. with the sector to ensure Victoria remains a premium global destination for international students, and The Victorian Government’s 2015-16 program of positions Victoria’s international education sector inbound and outbound trade missions and business for long-term, sustainable growth. delegations assisted more than 1650 companies to visit international markets and make connections The Employment and Investment; Industrial with international business and government Relations; Industry and Enterprise Innovation; delegates. Some 17 per cent of mission participants Major Projects; Regional Development; Tourism, were regional businesses. The 20 outbound trade Major Events and International Education; missions involved 390 Victorian companies, and Trade outputs contribute to this objective. and the 14 inbound trade missions showcased 1280 Victorian companies. Missions included Food and Beverage Trade Week in Victoria; Advamed 2015 in the USA targeting the medical technologies sector; and IMARC in Victoria targeting the mining services sector.
In addition, Victorian Government trade programs assisted more than 2400 Victorian businesses make new business connections, including through the Access Program (using the in-market trade specialists and desk facilities of the 18 overseas Victorian Government Business Offices for business introductions and networking), and 428 businesses who attended Export Skills workshops and briefings.
204 DEDJTR Annual Report 2015-16 Table 7 Progress towards the objective
Indicator Measure (unit of measure) 2012-13 2013-14 2014-15 2015-16
Employment resulting Employment resulting from 4,737 6,301 6,120 5,523 from government government investment Target investment facilitation facilitation services and 4,600 services and assistance assistance (number)
Export sales generated Actual export sales generated Data not Data not Data not 459 from government programs as a result of participation in available available available government programs ($ million)
Major projects delivered Major projects in delivery Data not Data not Data not 20 or development at 1 July available available available by Major Projects Victoria and Major Projects Division (number of projects)
New investment resulting from New investment resulting from 2,222 2,604 2,319 2,466 government facilitation services government facilitation services Target and assistance and assistance ($ million) 2,100
Number of business Engagements with Data not Data not 13,200 14,782 engagements businesses (number) available available
Tourists, investors Number of domestic overnight 17.8 19.1 20.5 21.8 and students attracted visitors (number, million)
Number of international visitors 1.9 2.0 2.2 2.5 (number, million)
Visitor expenditure: 14.8 15.1 16.4 16.4 domestic ($ billion)
Visitor expenditure: 4.5 4.8 5.4 6.7 international ($ billion)
Visitor expenditure: regional 7.0 7.2 7.7 7.9 Victoria (domestic) ($ billion)
Visitor expenditure: regional 307 316 440 402 Victoria (international) ($ million)
Proportion of all international 29 28 29 30 students studying in Victoria (per cent)
Figure 4 Employment resulting from government investment facilitation services and assistance
7000 6000 5000 4000 3000 Number 2000 1000 0 2012-13 2013-14 2014-15 2015-16 Year
DEDJTR Annual Report 2015-16 205 03 NON-FINANCIAL PERFORMANCE
Figure 5 New investment resulting from government facilitation services and assistance
3000
2500
2000
1500
$ million 1000
500
0 2012-13 2013-14 2014-15 2015-16 Year
Figure 6 Number of domestic overnight visitors
23 22 21 20 19 18 17 Number (million) 16 15 2012-13 2013-14 2014-15 2015-16 Year
Figure 7 Number of international visitors
3.0
2.5
2.0
1.5
1.0 Number (million) 0.5
0.0 2012-13 2013-14 2014-15 2015-16 Year
206 DEDJTR Annual Report 2015-16 Figure 8 Visitor expenditure: domestic and visitor expenditure: international
18 16 14 12 10 8 $ billion 6 4 2 0 2012-13 2013-14 2014-15 2015-16 Year
Visitor expenditure: domestic Visitor expenditure: international
Figure 9 Visitor expenditure: regional Victoria (domestic)
8.0 7.8 7.6 7.4 7.2
$ billion 7.0 6.8 6.6 6.4 2012-13 2013-14 2014-15 2015-16 Year
Figure 10 Visitor expenditure: regional Victoria (international)
500
450
400
350
$ million 300
250
200 2012-13 2013-14 2014-15 2015-16 Year
DEDJTR Annual Report 2015-16 207 03 NON-FINANCIAL PERFORMANCE
Figure 11 Proportion of all international students studying in Victoria
31
30
29 Per cent 28
27 2012-13 2013-14 2014-15 2015-16 Year Performance against output performance measures Table 8 Output: Employment and Investment Table 8 represents performance against the Employment and Investment output. This output provides programs to link business and workforce needs with training, retraining and support for skills required in the economy. It also provides investment attraction and facilitation services to attract new investment and encourage additional investment by companies already operating in Victoria.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUANTITY
Businesses assisted with skills needs number 1,509 1,200 26 ü
The higher result was due to the inclusion after the target was set of the Skilled Migration program, which actively assisted businesses to find skilled migrants.
Employment resulting from number 5,523 4,600 20 ü government investment facilitation services and assistance
The higher result reflects a number of job-intensive projects during the year relating to the Information and Technology and Healthcare services sectors.
Government Youth Employment number 271 280 -3 Scheme traineeships commenced
New investment resulting from $ million 2,466 2,100 17 ü government facilitation services and assistance
The higher result reflects a number of investment-intensive projects during the year relating to Tourism and Energy sectors.
People supported with number 963 2,000 -52 employment assistance
Businesses assisted under the Business in Transition Program (BiTS) program have experienced smaller-scale retrenchments than has occurred in previous years. The introduction of other government support programs the (Automotive Transition Plan, and TAFE Skills and Jobs Centres) are providing assistance to businesses and workers in transition.
Victoria’s market share of investor per cent 65 >40 62 ü and business migrants nominated by Victoria as a proportion of all Australian nominations received
Victoria competes successfully for investor and business migration to Australia. Victoria’s long-standing migration presence in China and client centric service offerings have contributed to this result.
QUALITY
Skilled Migration Victoria – client per cent 84 85 -1 satisfaction with services provided
208 DEDJTR Annual Report 2015-16 Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
TIMELINESS
Skilled Migration Victoria days 15 20 -25 ü – average processing time for state sponsorship applications
A faster average processing time was achieved with priority given to processing Significant Investor Visa nomination applications and ongoing system improvements and streamlined processes.
COST
Total output cost $ million 166.9 199.1 -16.2 ü
The 2015-16 result was $32.2 million lower than budget mainly due to underspends as a result of timing differences in expenditure in the Premier’s Jobs and Investment Fund.
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
Table 9 Output: Industrial Relations Table 9 represents performance against the Industrial Relations output. This output provides public and private sector industrial relations advice and strategic workforce management counsel to ministers and departmental and agency reviews.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUALITY
Victoria represented in major industrial per cent 100 100 0 ü relations cases and inquiries
TIMELINESS
Review and assessment of submitted per cent 83 80 4 ü public sector enterprise bargaining costings and proposed agreements completed and submitted for approval within four weeks
COST
Total output cost $ million 4.8 3.4 40.8
The 2015-16 result was $1.4 million higher than budget due to additional service delivery costs incurred for the Central Bargaining Unit.
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
DEDJTR Annual Report 2015-16 209 03 NON-FINANCIAL PERFORMANCE
Table 10 Output: Industry and Enterprise Innovation Table 10 represents performance against the Industry and Enterprise Innovation output. This output provides access to information and connections and builds the capacity of businesses and industry to develop and effectively use new practices and technologies to increase productivity and competitiveness in Victoria. It also helps businesses overcome barriers to competitiveness.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUANTITY
Businesses whose growth number 1,219 1,200 2 ü and productivity issues are resolved by the department
Companies supported number 50 100 -50 by the Future Industries Fund
Commencement of the Future Industries and New Energy Jobs Fund programs was deferred to Quarters 3 and 4 2015-16 to allow for extensive industry consultation to inform the development of the sector strategies and grant programs.
Engagements with businesses number 14,782 14,000 6 ü
The result is due to the number of businesses engaged in the department’s successful trade programs.
Future industry sector number 8 6 33 ü strategies delivered
The Transport, Defence and Construction Technology sector strategy was split into three separate strategies due to the disparate needs of these sectors, resulting in eight priority sector strategies being released.
Industry roundtables number 105 45 133 ü and engagement forums
More-thorough and extensive stakeholder engagement was undertaken to inform development of the Future Industry sector strategies.
Number of companies or new number 0 120 -100 entrants supported through the Start Up initiative
LaunchVic was established on 11 March 2016. LaunchVic’s first grant round opened on 11 April 2016 and closed on 6 May 2016. The successful grant applications were announced on 29 August 2016.
Number of major research number 6 6 0 ü and evaluation projects completed
Proposed to be discontinued in 2015-16; reinstated in accordance with recommendation of PAEC.
Participants engaged during number 28,416 30,000 -5 the Small Business Festival Victoria
Subscriptions to Small Business number 42,978 38,000 13 ü Victoria E-Newsletter
Strong digital penetration achieved due to linking festival and newsletter promotions to drive customer engagement.
210 DEDJTR Annual Report 2015-16 Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUALITY
Client satisfaction of small business per cent 90 90 0 ü information, referral, mentoring service and business programs
Client satisfaction with Victorian Small per cent 95 80 19 ü Business Commission mediation service
Reflects the participants’ recognition of the value of the high-quality, low-cost and timely dispute-resolution process provided.
Client satisfaction with the Victorian per cent 81 80 1 ü Government Business Offices
Proportion of business disputes per cent 82 75 9 ü presented to the Small Business Commission successfully mediated
The overall mediation settlement rate reflects a range of factors not within the control of the VSBC including the type of disputes lodged with the VSBC, the amount, issues in dispute, and good faith participation by the parties.
COST
Total output cost $ million 86.4 108.4 -20.3 ü
The 2015-16 result was $22 million lower than budget mainly due to timing differences in expenditure in the Future Industries Fund.
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
DEDJTR Annual Report 2015-16 211 03 NON-FINANCIAL PERFORMANCE
Table 11 Output: Major Projects Table 11 represents performance against the Major Projects output. This output facilitates investment in the Victorian economy through the development, delivery and management of economic assets. This output represents activities undertaken by Major Projects Victoria (MPV) and the Investment and Economic Projects division of the department. Output costs include the cost of projects for which Major Projects Victoria has financial responsibility.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUANTITY
Major projects in delivery or number 20 15 33 ü development at 1 July by Major Projects Victoria and the Major Projects Division
Major Projects Victoria commenced development work on additional projects including Ballarat Emergency Services Hub, Ballarat West Employment Zone – Freight Hub and Flinders Street Station Administration Building.
QUALITY
Major Projects Victoria projects, with number 3 4 -25 contracts in place as of 1 July, that have had less than five per cent variation in contracted cost from 1 July
There was a variation in the contracted cost of the Melbourne Park Redevelopment – Administration and Media Building for the Level 6 fit- out, funded by Melbourne and Olympic Park Trust and Tennis Australia.
Major Projects Victoria projects, with number 3 4 -25 contracts in place as of 1 July, that have had no material variation in contracted scope from 1 July
There was a variation in the contracted scope of the Melbourne Park Redevelopment – Administration and Media Building for the level 6 fit- out, funded by Melbourne and Olympic Park Trust and Tennis Australia.
Melbourne Markets Project – less than number 3(i) 3 0 ü five per cent variation in contracted time and budget from 1 July and no material variation in contracted scope from 1 July
TIMELINESS
Major Projects Victoria projects, with number 1 4 -75 contracts in place as of 1 July, that have had less than five per cent variation in contracted time from 1 July
There was a change in contracted time to the Parkville Gardens project as sales have slowed; a change in contracted time for the Melbourne Markets Capital Operational Infrastructure Works due to design changes; and a change in contracted time for the Kew Residential Services Project due to revised timelines for the granting of a heritage permit.
COST
Total output cost $ million 19.4 19.5 -0.8 ü
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
(i) The 2015-16 target of three relates to the three project measures of scope, budget and time
212 DEDJTR Annual Report 2015-16 Table 12 Output: Regional Development Table 12 represents performance against the Regional Development output. This output guides the development and implementation of regional plans and strategies to manage growth and change in regional and rural Victoria. It provides better services to encourage innovation in that creates jobs and improves career opportunities for regional Victorians.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUANTITY
Actual export sales generated for $ million 69 50 39 ü regional businesses as a result of participation in government programs
The higher result reflects a number of export-intensive projects facilitated during the year including from participation in the department’s trade mission program.
Economic development and service number 128 120 7 ü delivery projects supported
Seven of the eight additional projects were funded as part of the response to 2015-16 bushfires.
Employment in regional Victoria number 1,211 1,200 1 ü resulting from government investment facilitation services and assistance
New investment in regional Victoria $ million 800 700 14 ü resulting from government facilitation services and assistance
The higher result reflects a number of investment-intensive projects during the year relating to Energy and Food and Fibre sectors.
QUALITY
Participant satisfaction with per cent 90 90 0 ü implementation of Regional Development Victoria programs
COST
Total output cost $ million 168.5 163.4 3.1
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
DEDJTR Annual Report 2015-16 213 03 NON-FINANCIAL PERFORMANCE
Table 13 Output: Tourism, Major Events and International Education Table 13 represents performance against the Tourism, Major Events and International Education output. This output maximises employment and the long-term economic benefits of tourism, international education and major events to Victoria by developing and marketing the state as a competitive destination.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUANTITY
Links to Tourism Victoria consumer sites number 1.85 1.85 0.00 ü (million)
Major sporting and cultural number 18 >12 50 ü events facilitated
Fourteen major sporting events were facilitated and four major cultural events secured, including events additional to the original 2015-16strategy such as the National Gallery of Victoria Summer Program.
Number of domestic overnight visitors number 21.8 20.9 4.3 ü (million)
Number of visitors (international) number 2.5 2.3 8.7 ü (million)
Annual growth in international visitors to Victoria was stronger than expected, driven by strong performances from key markets such as China and Singapore.
Proportion of all international students per cent 30 29 4 ü studying in Victoria
Visitor Expenditure: domestic $ billion 16.4 16.6 -1.2
Visitor Expenditure: international $ billion 6.7 5.4 24.1 ü
Annual growth in international visitor expenditure was stronger than expected, driven by very strong growth from key markets such as China and Singapore.
Visitor Expenditure: $ billion 7.9 8.1 -2.5 regional Victoria (domestic)
Visitor Expenditure: $ million 402 400 1 ü regional Victoria (international)
Visitors to Tourism Victoria number 8.5 9.4 -9.6 consumer websites (million)
Due to the increased use of social media and changes to the layout of Australia.com (where internet users are no longer directed to state- specific content) website views have reduced.
QUALITY
Value of media coverage $ million 20 20 0 ü generated: domestic
Proposed to be discontinued in 2015-16; reinstated in accordance with the recommendation of PAEC.
Value of media coverage $ million 64 40 59 ü generated: international
Investment by Tourism Victoria and Tourism Australia in large scale broadcast projects have returned significant publicity value. Proposed to be discontinued in 2015-16; reinstated in accordance with the recommendation of PAEC.
214 DEDJTR Annual Report 2015-16 Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
TIMELINESS
Completion of post-event reports per cent 100 100 0 ü and economic impact assessments of each event (where required) within agreed timeframes
COST
Total output cost $ million 159.4 40.8 290.7
The 2015-16 result was $118.6 million higher than budget mainly reflecting funding received for the delivery of major events.
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
Table 14 Output: Trade Table 14 represents performance against the Trade output. This output promotes business growth opportunities by connecting organisations to global business opportunities in priority markets and supporting the establishment and deepening of strategic commercial partnerships.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUANTITY
Actual export sales generated $ million 459 400 15 ü as a result of participation in government programs
The higher result reflects a number of export-intensive projects facilitated during the year including from participation in the department’s trade mission program.
Clients engaged in export number 2,434 2,400 0 ü and trade programs
International delegates participated number 615 500 23 ü in the inbound trade mission program
A larger-than-anticipated number of international delegates participated in the highly successful Victorian Invitation Program (VIP) in March 2016.
International trade marketing number 11 11 0 ü campaigns to position Victoria globally
QUALITY
Client satisfaction with export per cent 92 90 3 ü assistance offered
COST
Total output cost $ million 17.1 14.4 18.9
The 2015-16 result was $2.7 million higher than budget due to a reallocation from other outputs.
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
DEDJTR Annual Report 2015-16 215 03 NON-FINANCIAL PERFORMANCE
Objective In June 2016, the Premier announced that, by 2020, 25 per cent of electricity generated in Victoria will come More productive, competitive and sustainable food, from renewable energy, increasing to 40 per cent by fibre, energy and resources industries 2025. This compares to the 2015-16 actual level of 15.2 This objective seeks to create the conditions per cent. To support an increase in renewable energy for increased productivity and access to markets for in Victoria, a new auctions scheme to encourage Victoria’s food and fibre industries, achieve a growing renewable energy investment was also announced. and sustainable earth resources sector through The renewable energy targets and auctions scheme efficient and effective regulation, and deliver a safe, forms part of the Renewable Energy Action Plan to reliable and competitive energy sector for Victoria. be released later in 2016.
The department aims to create the conditions for The New Energy Technologies Sector Strategy was productive, competitive and sustainable food, fibre, released in March 2016, as part of the government’s energy and natural resources industries. approach to transforming Victoria’s energy sector and increasing the level of renewable energy generation. The value of Victorian agriculture production increased to $13.1 billion in 2014-15 (the latest Frankston Life Saving Club was the first lifesaving available data) which is an increase of almost four club to install solar panels through the Victorian per cent compared with 2013-14 (Figure 13). The value Government’s Community Renewables Solar Grants of food and fibre exports from Victoria increased initiative launched in January 2016, with a five by almost two per cent to $11.6 billion in 2014-15, kilowatt system installed by April 2016. Forty-two an increase of $282 million compared with 2013- lifesaving clubs have been successful in securing 14 (Figure 15). These improvements were achieved grants under this renewable energy program. despite the continuation of difficult conditions in the sector including drought and volatile export markets. A trial of Australia’s first home energy efficiency rating tool was completed in April 2016. The Residential In 2016 the Victorian Government provided more than Efficiency Scorecard was tested at 45 homes in $38 million over two years for assistance to farmers Melbourne’s northern suburbs as part of the Victorian affected by drought and dairy farmers affected by Government’s energy efficiency and productivity work low milk prices in the form of business management program. The scorecard will be officially launched support, financial counselling, mental health services later in 2016 and is designed to help save energy and community events. In addition, the department costs to households. delivered extension services to more than 5000 farmers, encompassing a range of activities focused Minerals and extractives produce approximately on improving production and sustainability. These $1.3 billion in production value for the state (Figure activities include technically-oriented discussion 14). To stimulate new growth and investment, the groups, on-farm demonstrations, accredited training, Minister for Resources announced the award of five workshops and seminars. exploration grants totalling $2 million for Round 1 of the TARGET initiative on 28 June 2016. The grants The Victorian Government, Dairy Australia and key focus on new exploration investment in the Stavely industry partners have agreed to invest $12.5 million geological province in western Victoria, with the per annum over the five years commencing in 2016 in potential to identify new development opportunities DairyBio, an initiative that will drive future innovations in Victoria’s earth resources. in forage and dairy herd genetic improvement. A new $2.2 million Batter Stability project was Protecting the value of Victoria’s agriculture launched in April 2016. This research project will production as well as food and fibre exports, the conduct technical studies of the Latrobe Valley coal department effectively responded to 91 biosecurity mine sloping pit walls over a five-year period. The events, incursions and emergencies in 2015-16. findings from this project will improve mine safety This included the confirmed detection of 61 new and inform future mine rehabilitation. state-prohibited weed (SPW) sites across Victoria. Biosecurity operational resources were also A new cash bond option as an alternative to redirected to assist plant biosecurity emergency guarantees was announced in December 2015 to responses such as to Giant Pine Scale, blue-green enable small-scale miners and quarry operators to algae, and the Russian Wheat Aphid infestation. reduce their costs. This option will apply where the Plant pest, disease and residue control programs cost of mine sites’ environmental rehabilitation works were maintained to ensure that Victorian agricultural are assessed up to a liability of $20,000. Approximately produce complies with the food safety and biosecurity 800 operators across Victoria will be eligible to apply. standards required to access markets. Nearly 600 The Agriculture and Energy and Resources outputs investigations were undertaken of suspect emergency contribute to this objective. plant pests, with six requiring an emergency response.
216 DEDJTR Annual Report 2015-16 Table 15 Progress toward the objective
Indicator Measure (unit of measure) 2012-13 2013-14 2014-15 2015-16
Relative share of Victorian energy Renewable energy generation in 12.2 12.8 12.6 15.2 sourced from renewables Victoria as a percentage of total electricity generation (per cent)
Value of Victorian agriculture Gross value of Victorian 11.6 12.6 13.1 Data production agriculture production ($ billion) available in March 2017
Value of Victorian earth By commodity type (minerals 1,397.1 1,323.1 1,319.9 Data resources production and extractives) –production available value for the period as reported in October through statutory returns 2016 ($ million)
Value of Victorian Food and fibre exports from 9.4 11.4 11.6 Data food and fibre exports Victoria ($ billion) available in October 2016
Figure 12 Relative share of Victorian energy sourced from renewables
16
15
14
13
Per cent 12
11
10 2012-13 2013-14 2014-15 2015-16 Year
Figure 13 Value of Victorian agriculture production
13.5
13.0
12.5
12.0 $ billion
11.5
11.0 2012-13 2013-14 2014-15 2015-16 Year
DEDJTR Annual Report 2015-16 217 03 NON-FINANCIAL PERFORMANCE
Figure 14 Value of Victorian earth resources production
1,420
1,400
1,380
1,360
$ million 1,340
1,320
1,300 2012-13 2013-14 2014-15 2015-16 Year
Figure 15 Value of Victorian food and fibre exports (in 2014-15 ‘Value of Victorian agricultural exports’)
12.0
11.5
11.0
10.5
$ billion 10.0
9.5
9.0 2012-13 2013-14 2014-15 2015-16 Year
Performance against output performance measures Table 16 Output: Agriculture Table 16 represents performance against the Agriculture output. This output creates conditions for increased jobs, productivity and access to markets for Victoria’s food and fibre industries. The department works with research and industry partners, primary producers and rural communities across Victoria to address major and emerging challenges in productivity, biosecurity and competitiveness in food and fibre industries.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUANTITY
Animal pest, disease and residue number 5 5 0 ü control programs maintained to ensure Victorian agricultural produce complies with food safety and biosecurity standards required to access markets
Applications for intellectual number 16 16 0 ü property protection
Client interactions with number 3,858 1,700 127 ü land health services
There was increased client demand for drought support and services.
218 DEDJTR Annual Report 2015-16 Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
Clients engaged with agriculture number 5,078 5,100 0 ü productivity services
Commercial technology licence number 16 16 0 ü agreements finalised
Farms and related small businesses number 1,700 1,700 0 ü facing significant adjustment pressures supported to make better-informed decisions by the Rural Financial Counselling Service
The 2015-16 actual shows an estimate based on quarterly client numbers from the Commonwealth Australian Rural Counselling Database; does not include data for the final quarter of the 2015-16 financial year.
Genetic improvement of dairy per cent 1 1 0 ü cows achieved through breeding contributing to increased milk production and dairy productivity
Improved agricultural number 10 10 0 ü productivity services, programs and products developed
Inspections or audits of scientific number 17 25 -32 establishments undertaken to provide assurance of compliance with relevant industry standards for animal welfare
Two audits identified complex non-compliance with two scientific establishments. There were also two formal investigations into research premises that required significant resources. Amendments to the Prevention of Cruelty to Animals Act 1986 also affected resourcing which reduced the capacity to complete the planned program of inspections and audits. A regulatory reform project is underway and is introducing an improved audit scheme for scientific establishments.
Key bioscience platform number 2 1 100 ü technologies established
A next-generation sequencing facility for agribioscience applications was established and officially opened at AgriBio. Strong project management enabled earlier completion of the establishment of the next-generation mass-spectrometry capability for molecular phenomics applications. The result demonstrates the high calibre of work undertaken and efficient use of resources by the department.
Known state prohibited weed sites per cent 99 90 10 ü monitored and treated in line with the relevant weed action plan
Strong planning and resource allocation ensured monitoring and treatment was aligned with seasonal timing.
New or amended Interstate Certificate number 4 2 100 ü Assurance (ICA) or other market access accreditations developed to restore or enable trade
The number of new ICA or other market access accreditations developed or amended is driven by a number of factors not directly influenced by the department, including industry demand, external influences (changes to chemical regulations) and in response to new pests and diseases.
Plant health certificates issued number 5,042 7,000 -28 for Melbourne Markets to support domestic market access
The number of plant health certificates issued is driven by private sector demand by growers and wholesalers.
Plant pest, disease and residue control number 6 6 0 ü programs maintained to ensure Victorian agricultural produce complies with food safety and biosecurity standards required to access markets
DEDJTR Annual Report 2015-16 219 03 NON-FINANCIAL PERFORMANCE
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
Postgraduate-level/PhD students number 77 65 18 ü in training
The higher result is due to improved collaboration and partnerships with key universities and industry stakeholders, including enhanced collaboration opportunities arising from the AgriBio partnership with La Trobe University.
Properties inspected for invasive plant number 2,516 3,800 -34 and animal priority species
Number of inspections was reduced mainly due to the diversion of operational resources to assist high-priority biosecurity emergency response and market access activities such as the giant pine scale response.
Scientific and technical number 328 260 26 ü publications in international and/or peer review journals that promote productive agriculture
A number of large projects concluded in the 2015-16 financial year, resulting in a higher number of scientific and technical publications published in review journals.
Significant interactions with Victorian number 260 250 4 ü agri-food companies and exporters, international customers and trading partners that facilitate export and investment outcomes for Victoria
Strategies developed to overcome number 7 7 0 ü identified trade barriers
Value of external (non-state) funding $ million 38 36 4 ü contribution to research projects that support productive agriculture
QUALITY
Client satisfaction rating of agricultural number 8 >8 0 ü productivity services
National biosecurity, agriculture/ per cent 95 >95 0 ü veterinary chemical use and animal welfare programs implemented in accordance with agreed plans
Satisfaction rating of industry investors number 7 >6 17 ü in agriculture productivity research and development
Achieved through closer planning and monitoring of research and development with industry investors, particularly through long-term partnerships.
TIMELINESS
Animal health certificates issued per cent 100 >90 11 ü within specified timeframes to support international market access
All 5,755 properties cleared for livestock exports for the financial year were cleared within specified timelines.
Initial action taken to respond to per cent 100 100 0 ü reported emergency animal and plant pest, disease and natural disaster incidents complies with national agreements and obligations
220 DEDJTR Annual Report 2015-16 Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
Provision of technical advice, diagnostic per cent 91 80 14 ü identification tests on pests and diseases including suspected exotics within agreed timeframes
Enhanced timeliness in diagnostic service turnaround – a prime factor for customer satisfaction – was facilitated by co-locating diagnostics capabilities at AgriBio.
Research project milestones per cent 96 80 20 ü and reports completed on time
Improved management approaches and systems support led to the achievement of project milestone and associated reporting.
COST
Total output cost $ million 396.5 341.9 16.0
The 2015-16 result was $54.6 million higher than budget mainly due to the department recognising an expense in 2015-16 in relation to La Trobe University prepaying its capital contribution to the Biosciences Research Centre public private partnership. This is in part offset by timing differences in project expenditure.
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
Table 17 Output: Energy and Resources Table 17 represents performance against the Energy and Resources output. This output influences and advocates for the provision of efficient, reliable and safe energy services through national forums and delivers state-based energy programs. It supports the development of renewable energy, improving energy efficiency and productivity outcomes for households and businesses and facilitating new investment opportunities. The output also provides efficient and effective regulatory services to industry, promotes a sustainable resources sector and provides information to households and businesses and undertakes community engagement.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUANTITY
Community and stakeholder number 34 25 36 ü engagement information forums
Due to a higher number of stakeholder and community forums associated with the Stavely minerals exploration initiative in Western Victoria and increased engagements with local councils on extractive resources and risk-based work plans.
Delivery of Advanced Metering per cent 100 100 0 ü Infrastructure program in line with planned project milestones
Delivery of key milestones for the per cent 100 100 0 ü Powerline bushfire safety work program
QUALITY
Exploration and mining licences per cent 17.0 <17.5 -2.8 ü which are not active
TIMELINESS
Delivery of key CarbonNet milestones, per cent 43 100 -57 in line with funding agreements and agreed project deliverables
Due to the Greenhouse Gas Storage acreage process not being completed and delays associated with the coal programs review. The State and the Commonwealth are revising key program milestones for 2016-17.
DEDJTR Annual Report 2015-16 221 03 NON-FINANCIAL PERFORMANCE
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
Delivery of key milestones for the per cent 100 100 0 ü energy efficiency and productivity work program
Delivery of key milestones for the per cent 100 100 0 ü renewable energy work program
Facilitate the delivery of key energy per cent 94 100 -6 technology innovation milestones in line with grant agreements
One of sixteen milestones for the year was not achieved due to technical issues associated with the replacement of damaged equipment. This milestone will be re-scheduled to 2016-17.
Industry geoscience data packages number 7 6 17 ü released for minerals and petroleum sectors consistent with agreed timelines
An additional geoscience data package to support the Stavely minerals exploration initiative was delivered.
Percentage of exploration licence per cent 71 >95 -25 applications, mining industry work plans and mining licence applications processed within regulatory timeframes
Due to the additional time required to respond to licence application objections raised by members of the community. The department has introduced new processes to improve processing times to meet statutory timeframes in the future.
Regulatory audits completed per cent 98 >95 3 ü within agreed timelines
COST
Total output cost $ million 108.9 154.1 -29.3 ü
The 2015-16 result was $45.2 million lower than budget mainly due to timing of payments for projects including CarbonNet and Advanced Lignite.
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
222 DEDJTR Annual Report 2015-16 Table 18 Output: Sustainably Manage Fish, Game and Forest Resources Table 18 represents performance against the Sustainably Manage Fish, Game and Forest Resources output. This output creates the conditions to grow the natural resources economy by ensuring forestry, fish and game resources are sustainably allocated and used for both recreational and commercial purposes.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result
QUANTITY
Better Fishing Facilities projects number 36 30 20 ü underway
The first year of the Better Fishing Facilities grants program was very successful, attracting strong interest from a number of delivery partners. This is reflected by a higher number of funded projects than was initially anticipated.
Complete stock assessment number 3 3 0 ü for key quota managed fish species
Complete total allowable commercial number 3 3 0 ü catch setting processes for key quota managed fish species
Develop, implement and review number 1 1 0 ü overarching fisheries compliance strategy
Enhance levels of community number 1,781 1,500 19 ü participation in achieving fisheries compliance through calls to the 13FISH reporting line
The 13FISH Fisheries Intelligence Reporting Line is an important component of the fisheries compliance approach, providing a mechanism for members of the public to report suspected fisheries offences. Annual call volumes have varied from 1,400 to 1,700 calls per year over the ten years from 2006. Call volumes can be influenced by duration and location of major compliance operations, Fisheries Officer patrol patterns, and seasonal conditions.
Key fisheries managed in accordance number 3 5 -40 with best practice management plans
Management plans are in place for the rock lobster, abalone and giant crab fisheries. A new Port Phillip Bay Dive Scallop Fishery Management Plan is in progress but requires further consideration. A new Freshwater Fishery Management Plan will be developed in 2016-17.
Minimum number of Uniformed number 12 17 -29 Fisheries Officers maintaining operational coverage for priority fishing activity periods, as defined by the Compliance Strategic Assessment
Fisheries Officer vacancies over the majority of 2015-16 limited overall delivery capacity. Eight new recruits commenced duty in April 2016. Proposed to be discontinued in 2015-16; reinstated in accordance with the recommendation of PAEC.
Undertake activities to detect, disrupt number 32 10 220 ü and dismantle serious or organised fisheries criminal entities (individuals or groups)
Due to additional capacity to initiate new detection operations after the prosecution phase of Operation Quantum was completed in the first half of 2016. Activities were largely focused on offences involving the unauthorised take of commercial quantities of priority species.
DEDJTR Annual Report 2015-16 223 03 NON-FINANCIAL PERFORMANCE
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result
QUALITY
Co-investment in Better Fishing per cent 62 >30 107 ü Facilities projects
The high level of co-investment is primarily attributable to a significant investment contribution from delivery partners, including Melbourne Water, Parks Victoria and Transport Safety Victoria, in a large boat ramp project at Kirks Point, Werribee.
Key statutory obligations relevant to per cent 100 100 0 ü VicForests and the Game Management Authority complied with (tabling annual reports, audits, corporate plans and board appointments)
TIMELINESS
Proportion of Fisheries cost recovery per cent 100 100 0 ü levies reviewed and set prior to the commencement of the licensing year (1 April)
COST
Total output cost $ million 107.3 83.2 29.0
The 2015-6 result was $24.1 million higher than budget mainly due to compensation payments in 2015-16 to commercial fishers.
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
Additional comments on output performance measures In 2015-16, the department completed In 2015-16, 15 of 16 key milestones were delivered 98 per cent of regulatory audits within agreed under the energy technology innovation program timelines against its target of greater than in line with grant agreements. This included four 95 per cent. The audit program targeted mining milestones for the Sustainable Energy Research and quarry sites with high-risk tailing (residual and Development program, eight milestones ore material) storage facilities. Of 159 audits for the Sustainable Energy Pilot Demonstration completed during 2015-16, 98 high-risk-targeted program, three milestones for the Low Emissions audits, 58 critical-compliance audits and three Energy Technology program and one milestone geotechnical audits were completed. for the Advanced Lignite Demonstration Program. The milestones largely relate to the completion The percentage of exploration licence applications, of quarterly reports and other progress reports, mining industry work plans and mining licence financial commitments and a commitment applications processed within regulatory timeframes guarantee. The one milestone not achieved was achieved 71 per cent against a target of greater due to technical issues associated with replacing than 95 per cent. The 71 per cent represented a a damaged undersea cable for a pilot total of 49 approvals, consisting of 20 work plans, demonstration project. 11 work-plan variations, and 18 licence applications. The underperformance was due to the additional time required to respond to objections made by the community to a number of licence applications. The department has introduced new processes to improve processing times to meet statutory timeframes in the future.
224 DEDJTR Annual Report 2015-16 Objective All road maintenance programs have been completed, including maintenance of the additional More productive and liveable cities and regions kilometres of road (Figure 17 and Figure 18), through improved transport services and better improving both infrastructure and the road network infrastructure to make Victoria more liveable. In 2015-16, particular This objective seeks to enhance the lives of focus was given to regions through the acceleration Victorians, making Victoria more productive of pavement rehabilitation works brought forward and liveable through improved transport from 2016-17 as part of a new Eastern and South services and better infrastructure. Victoria Maintenance Alliance Agreement. This has resulted in an improvement to the The department and its portfolio agencies achieve proportion of distressed regional roads (Figure 16). this by providing a safe, cost-effective, efficient However, there was an increase in distressed road and integrated transport network. pavements for the metropolitan area, due to the rate of deterioration being greater Melbourne’s improved transport network, making (because of increasing traffic volumes) than Victoria more productive and liveable, is reflected the rate at which roads are being maintained. by an increase in customer satisfaction across the metropolitan modes (Figure 23, Figure 24 A safer transport network, with fewer fatalities and and Figure 25). The efficiency of Victoria’s transport injuries improves the lives of Victorians and reduces system is demonstrated by the delivery of a negative consequences to productivity through minimum 96.6 per cent of scheduled services across travel delays. There was continued support of road the tram, train and bus networks (Figure 30, Figure safety programs targeting both infrastructure 31 and Figure 32). The more services delivered, the and road users in 2015-16. Additional road safety shorter the waiting time experienced by passengers programs, such as the Towards Zero Campaign, have on the transport network. Road congestion has been introduced to promote safer behaviour and increased in metropolitan Melbourne, with the address the increase in fatalities (Figure 21). greatest increase occurring during the afternoon peak period, leading to a reduction in punctuality A number of outputs contribute to this objective (Figure 29) that also affected the bus network including Bus Services, Train Services, Tram Services, (Figure 27 and Table 19). Regional train punctuality Road Asset Management, Road Operations and was also affected by the V/Line infrastructure and Network Improvements, Integrated Transport, Port wheel-wear issues (Figure 26). Full restoration of V/ and Freight Network Access and Transport Safety, Line services occurred on 26 June 2016. Despite the Security and Emergency Management. increased congestion, service punctuality for trams improved from previous years (Figure 28), exceeding the full year 2015-16 target.
The current capital program and pending creation of a new central agency within DEDJTR, Transport for Victoria (TFV), demonstrates the government’s commitment to creating a more productive and liveable state. An improved integrated transport system, with an increase in services and punctuality, will move many more people and goods around the state more efficiently and effectively, connecting people to jobs and services in their communities.
DEDJTR Annual Report 2015-16 225 03 NON-FINANCIAL PERFORMANCE
Table 19 Progress towards the objective
Indicator Measure (unit of measure) 2012-13 2013-14 2014-15 2015-16
Distressed freeway and arterial Proportion of distressed road 7.6 7.4 7.5 8.1 road surfaces pavements: metropolitan (per cent)
Proportion of distressed road 7.4 8.0 7.5 7.4 pavements: regional (per cent)
Road network maintained: 11,852 12,196 12,302 12,308 metropolitan (lane-km)
Road network maintained: 41,659 41,415 41,435 41,495 regional (lane-km)
Percentage of annual road 100 100 100 100 maintenance programs completed within agreed timeframes: metropolitan (per cent)
Percentage of annual road 100 100 100 100 maintenance programs completed within agreed timeframes: regional (per cent)
Fatalities and serious injuries on Fatalities on the Data not 261 256 276 the transport network reduced transport network available
Serious injuries on the Data not 5,254 5,030 Data transport network available available in December 2016
Public transport Customer satisfaction index: 67.0 69.6 71.5 72.3 customer satisfaction metropolitan train (per cent)
Customer satisfaction index: 75 76 76 77 metropolitan bus (per cent)
Customer satisfaction index: 73 74 75 76 tram (per cent)
Customer satisfaction index: 75.8 76.1 76.3 75.9 regional train (per cent)
Customer satisfaction index: 82 82 83 82 regional coach (per cent)
Public transport services Service punctuality: 92.1 93.1 92.7 92.5 delivered on time metropolitan train (per cent)
Service punctuality: 94 92 93 79 metropolitan bus (per cent)
Service punctuality: 81.7 82.9 83.0 83.7 tram (per cent)
Service punctuality: 84 88 90 87 regional train (per cent)
Service punctuality: 94 95 95 95 regional bus (per cent)
Punctuality of the metropolitan Travel time punctuality: Data not 83.2 83.1 80.3 road network metropolitan roads (per cent) available
Scheduled public transport Scheduled services delivered: 98 99 99 99 services delivered metropolitan train (per cent)
226 DEDJTR Annual Report 2015-16 Indicator Measure (unit of measure) 2012-13 2013-14 2014-15 2015-16
Scheduled services delivered: 100.0 100.0 99.9 99.9 metropolitan bus (per cent)
Scheduled services delivered: 99.0 98.9 99.1 98.8 tram (per cent)
Scheduled services delivered: 97.4 98.2 98.6 96.6 regional train (per cent)
Scheduled services delivered: 100.0 100.0 99.0 99.9 regional bus (per cent)
Transport projects delivery Transport projects completed Data not Data not Data not 75 complies with agreed scope, within agreed scope, timeframes available available available timeframes and budget and budget (per cent)
Figure 16 Proportion of distressed road pavements: metropolitan and proportion of distressed road pavements: regional
8.2
8.0
7.8
7.6
Per cent 7.4
7.2
7.0 2012-13 2013-14 2014-15 2015-16 Year
Proportion of distressed road pavements: metropolitan Proportion of distressed road pavements: regional
Figure 17 Road network maintained: metropolitan
12,400 12,300 12,200 12,100 12,000 11,900
lane-kilometres 11,800 11,700 11,600 2012-13 2013-14 2014-15 2015-16 Year
DEDJTR Annual Report 2015-16 227 03 NON-FINANCIAL PERFORMANCE
Figure 18 Road network maintained: regional
41,700 41,650 41,600 41,550 41,500 41,450 41,400
lane-kilometres 41,350 41,300 41,250 2012-13 2013-14 2014-15 2015-16 Year
Figure 19 Percentage of annual road maintenance programs completed within agreed timeframes: metropolitan
100
95
90
85 Per cent
80
75 2012-13 2013-14 2014-15 2015-16 Year
Figure 20 Percentage of annual road maintenance programs completed within agreed timeframes: regional
100
95
90
85 Per cent
80
75 2012-13 2013-14 2014-15 2015-16 Year
228 DEDJTR Annual Report 2015-16 Figure 21 Fatalities on the transport network
280 275 270 265 260 Number 255 250 245 2012-13 2013-14 2014-15 2015-16 Year
Figure 22 Serious injuries on the transport network
5,300 5,250 5,200 5,150 5,100
Number 5,050 5,000 4,950 4,900 2012-13 2013-14 2014-15 2015-16 Year
Figure 23 Customer satisfaction index: metropolitan train and customer satisfaction index: regional train
85
80
75 Score
70
65 2012-13 2013-14 2014-15 2015-16 Year
Customer satisfaction index: metropolitan train Customer satisfaction index: regional train
DEDJTR Annual Report 2015-16 229 03 NON-FINANCIAL PERFORMANCE
Figure 24 Customer satisfaction index: bus and customer satisfaction index: regional coach
85
80
75 Score
70
65 2012-13 2013-14 2014-15 2015-16 Year
Customer satisfaction index: bus Customer satisfaction index: regional coach
Figure 25 Customer satisfaction index: tram
85
80
75 Score
70
65 2012-13 2013-14 2014-15 2015-16 Year
Figure 26 Service punctuality: metropolitan train and service punctuality: regional train
100
95
90
85 Per cent
80
75 2012-13 2013-14 2014-15 2015-16 Year
Service punctuality: metropolitan train Service punctuality: regional train
230 DEDJTR Annual Report 2015-16 Figure 27 Service punctuality: metropolitan bus and service punctuality: regional bus
100
95
90
85 Per cent
80
75 2012-13 2013-14 2014-15 2015-16 Year
Service punctuality: metropolitan bus Service punctuality: regional bus
Figure 28 Service punctuality: tram
100
95
90
85 Per cent
80
75 2012-13 2013-14 2014-15 2015-16 Year
Figure 29 Punctuality of the metropolitan road network
100
95
90
85 Per cent
80
75 2012-13 2013-14 2014-15 2015-16 Year
DEDJTR Annual Report 2015-16 231 03 NON-FINANCIAL PERFORMANCE
Figure 30 Scheduled services delivered: metropolitan train and scheduled services delivered: regional train
100
99
98
97 Per cent
96
95 2012-13 2013-14 2014-15 2015-16 Year
Scheduled services delivered: metropolitan train Scheduled services delivered: regional train
Figure 31 Scheduled services delivered: metropolitan bus and scheduled services delivered: regional bus
100
99
98
97 Per cent
96
95 2012-13 2013-14 2014-15 2015-16 Year
Scheduled services delivered: metropolitan bus Scheduled services delivered: regional bus
Figure 32 Scheduled services delivered: tram
100
99
98
97 Per cent
96
95 2012-13 2013-14 2014-15 2015-16 Year
232 DEDJTR Annual Report 2015-16 Performance against output performance measures Table 20 Output: Bus Services Table 20 represents performance against the Bus Services output. This output delivers reliable and cost-effective, statewide bus services and infrastructure investments, including services delivered through contractual arrangements with private operators.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUANTITY
Passengers carried: number 122.5 129.5 -5.4 metropolitan bus services (million)
There has been a decline in patronage across the metropolitan bus network because of lower petrol prices, unequal job distribution in outer areas and lower wage growth.
Passengers carried: number 14.7 15.8 -7.0 regional bus services (million)
The 2015-16 target was set, based on an incorrect historical baseline. The 2014-15 actual of 14.5 million was incorrectly published in the Department of Economic Development, Jobs, Transport and Resources Annual Report 2014-15 as 15.4 million. The 2015-16 full-year target was based on 15.4 million.
Payments made for: $ million 630 644 -2 ü metropolitan bus services
Payments made for: $ million 107 110 -3 ü regional bus services
Public transport network improvement: number 2 2 0 ü minor projects completed – bus
Scheduled services delivered: per cent 99.9 99.9 0.0 ü metropolitan bus
Scheduled services delivered: per cent 100 99 1 ü regional bus
Scheduled services delivered: school bus per cent 98 99 -1
Total kilometres scheduled: km (million) 113.3 112.8 0.4 ü metropolitan bus
Total kilometres scheduled: regional bus km (million) 24.8 24.6 0.8 ü
Total kilometres scheduled: school bus km (million) 30.7 31.1 -1.3
QUALITY
Customer satisfaction index: score 77 76 1 ü metropolitan bus services
Customer satisfaction index: score 82 81 1 ü regional coach services
TIMELINESS
Service punctuality for: per cent 79 85 -7 metropolitan bus services
Due to many metropolitan bus routes requiring significant timing revisions to accurately reflect current traffic conditions.
Service punctuality for: per cent 95 94 1 ü regional bus services
COST
Total output cost $ million 1,049.9 1,032.8 1.7
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
DEDJTR Annual Report 2015-16 233 03 NON-FINANCIAL PERFORMANCE
Table 21 Output: Integrated Transport Table 21 represents performance against the Integrated Transport output. This output delivers strategic transport infrastructure activity to improve the transport system.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUANTITY
Integrated transport planning number 6 6 0 ü to support urban renewal projects
Level Crossing Removal Project: per cent 100 100 0 ü Milestones delivered in accordance with agreed budget and timelines
Planning projects for other major number 5 5 0 ü transport infrastructure
QUALITY
Melbourne Metro Rail Project – planning per cent 100 100 0 ü and development: Milestones delivered in accordance with agreed budget and timelines
COST
Total output cost $ million 14.8 19.1 -22.7 ü
The 2015-16 result was $4.3 million lower than budget due to realignment of project costs across outputs and timing differences of project expenditure.
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
234 DEDJTR Annual Report 2015-16 Table 22 Output: Port and Freight Network Access Table 22 represents performance against the Port and Freight Network Access output. This output delivers capital initiatives and programs to increase the capacity, efficiency and safety of the ports, freight and logistics network.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUANTITY
Annual Boating Safety and Facilities per cent 100 100 0 ü Grant Program funding committed
Containers transported by rail number 42,830 50,000 -14 under the Mode Shift Incentive Scheme program
Due to changes in contractual arrangements since the target was set.
Number of months per year average number 9 9 0 ü channel depth at Lakes Entrance meets standards
Road-based freight accessibility number 3 6 -50 and reliability improvement projects completed
Due to delays in the initial project stages.
QUALITY
Number of accessible local ports number 14 14 0 ü
Road-based freight accessibility per cent 100 100 0 ü and reliability projects completed within specified scope and standards
TIMELINESS
Delivery of a Metropolitan Intermodal date Not To be Not System – Market Engagement applicable confirmed applicable
This performance measure does not apply until the Port of Melbourne lease is finalised.
Road-based freight accessibility per cent 100 100 0 ü and reliability projects completed within agreed timeframes
COST
Total output cost $ million 105.0 68.2 54.0
The 2015-16 result was $36.8 million higher than budget mainly due to additional funding for the National Heavy Vehicle Regulator and the Gippsland Lakes Ocean Access project, and carry-over of funding from 2014-15 for the Boating Safety Facilities program. This is in part offset by timing differences in project expenditure.
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
DEDJTR Annual Report 2015-16 235 03 NON-FINANCIAL PERFORMANCE
Table 23 Output: Road Asset Management Table 23 represents performance against the Road Asset Management output. This output delivers programs and initiatives to maintain Victoria’s freeways and arterial road network. Activities support the safety and reliability of the network.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUANTITY
Bridges maintained: metropolitan number 938 927 1 ü
Bridges maintained: regional number 2,258 2,245 1 ü
Pavement resurfaced: metropolitan m2 (000) 1,416 1,280 11 ü
Due to obtaining a competitive market rate, leading to a greater return on investment.
Pavement resurfaced: regional m2 (000) 9,990 8,490 18 ü
Due to an acceleration of pavement rehabilitation works, brought forward from 2016-17 under the new Eastern and South Victoria Maintenance Alliance Agreement.
Road network maintained: metropolitan lane-km 12,308 12,302 0 ü
Road network maintained: regional lane-km 41,495 41,433 0 ü
QUALITY
Bridges that are acceptable per cent 99.6 99.6 0.0 ü for legal load vehicles: metropolitan
Bridges that are acceptable per cent 99.6 99.6 0.0 ü for legal load vehicles: regional
Proportion of distressed per cent 8.1 7.5 8.0 road pavements: metropolitan
Due to a deteriorating asphalt network and increasing traffic volumes.
Proportion of distressed per cent 7.4 8.3 -10.8 ü road pavements: regional
Due to an acceleration of works, brought forward from 2016-17 under the Eastern and South Western Victoria Maintenance Alliance Agreement.
TIMELINESS
Annual road maintenance per cent 100 100 0 ü program completed within agreed timeframes: metropolitan
Annual road maintenance per cent 100 100 0 ü program completed within agreed timeframes: regional
COST
Total output cost $ million 437.3 402.1 8.7
The 2015-16 result was $35.2 million higher than budget mainly due to higher-than-expected land tax expenditure.
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
236 DEDJTR Annual Report 2015-16 Table 24 Output: Road Operations and Network Improvements Table 24 represents performance against the Road Operations and Network Improvements output. This output delivers network improvement initiatives to enhance and develop Victoria’s freeways, arterial road network and strategic local road connections. Activities support improvements to the safety and reliability of the network.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUANTITY
Bridge strengthening and replacement number 6 4 50 ü projects completed: metropolitan
New projects were added to the program of works after the target had been set, and have been completed.
Bridge strengthening and replacement number 5 7 -29 projects completed: regional
Adverse weather conditions have delayed two projects.
Congestion projects completed number 6 6 0 ü
Cycling projects completed number 2 3 -33
Due to delays in the project planning stages.
Major road improvement projects number 2 1 100 ü completed: metropolitan
The Dingley Bypass – Warrigal Road to Westall Road was completed five months ahead of schedule.
Major road improvement projects number 2 1 100 ü completed: regional
Due to two projects being added to the program of works (and completed) after the target had been set; and one project being rescheduled for completion in 2016-17.
Other road improvement projects number 3 3 0 ü completed: metropolitan
Other road improvement projects number 12 10 20 ü completed: regional
Seven projects were added to the program of works (and completed) after the 2015-16 target had been set; five projects have been rescheduled for completion in 2016-17.
Pedestrian projects completed number 13 11 18 ü
Five projects were added to the program of works (and completed) after the 2015-16 target had been set; three projects have been rescheduled for completion in 2016-17.
QUALITY
Road projects completed within agreed per cent 98 98 0 ü scope and standards: metropolitan
Road projects completed within agreed per cent 98 98 0 ü scope and standards: regional
TIMELINESS
Programmed works completed within per cent 95 95 0 ü agreed timeframes: metropolitan
Programmed works completed within per cent 95 95 0 ü agreed timeframes: regional
COST
Total output cost $ million 945.0 1,017.3 -7.1
The 2015-16 result was $72.3 million lower than budget mainly due to a reduction in depreciation expenditure following revaluation of assets and a decline in third-party works.
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
DEDJTR Annual Report 2015-16 237 03 NON-FINANCIAL PERFORMANCE
Table 25 Output: Taxi and Hire Vehicle Services Table 25 represents performance against the Taxi and Hire Vehicle Services output. This output delivers safe and accessible taxi and hire vehicle services in metropolitan and regional Victoria through the regulation of drivers and operators by promoting choices available to customers.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUANTITY
Average occupancy rate per cent 30 33 -11 of metropolitan taxis in December (period of high service demand)
There is a greater supply of taxi vehicles and an increased number of alternative transportation service providers.
Average occupancy rate per cent 28 30 -6 of metropolitan taxis in June (period of low service demand)
There is a greater supply of taxi vehicles and an increased number of alternative transportation service providers.
Multi-Purpose Taxi Program: number (000) 3,690 3,800 -3 passenger-only trips
Multi-Purpose Taxi Program: number (000) 974 1,020 -5 with wheelchair trips
Taxi and hire vehicle complaints number 2,933 3,600 -19 and other feedback assessed, investigated and closed
Due to reduced taxi service use and a greater focus on improved complaint handling.
Taxi and hire vehicle compliance number 20,373 20,000 2 ü and enforcement interventions
Taxi and hire vehicle reform number 29 28 4 ü recommendations implemented and completed
QUALITY
Average wait time for conventional minutes 9.6 9.9 -3 ü taxis booked to arrive at peak periods of demand
Average wait time for wheelchair minutes 28 27 3 accessible taxis booked to arrive at peak periods of demand
Taxi services online customer score 61.6 59.2 4.1 ü rating: information in taxis
Taxi services online customer score 61.4 60.4 1.7 ü rating: overall satisfaction in metropolitan Melbourne
Taxi services online customer rating: score 72.7 72.3 0.6 ü overall satisfaction in regional Victoria
Taxi services online customer rating: score 67.8 69.7 -2.7 safety and comfort of journeys
Taxis and hire vehicles conform per cent 83 82 1 ü to safety and quality standards
Proposed to be discontinued in 2015-16; reinstated in accordance with the recommendation of PAEC.
238 DEDJTR Annual Report 2015-16 Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
TIMELINESS
Taxi and hire vehicle complaints per cent 89 85 5 ü investigated and closed within 45 days
Taxi and hire vehicle: calls to the per cent 52 54 -4 Taxi Services Commission call centre answered within 20 seconds
COST
Total output cost $ million 89.4 90.0 -0.6 ü
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
Table 26 Output: Train Services Table 26 represents performance against the Train Services output. This output delivers reliable and cost-effective train services and infrastructure investments across the Victorian rail network, including services delivered through contractual arrangements with private operators.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUANTITY
Passengers carried: number 233 234 0 ü metropolitan train services (million)
Passengers carried: number 17.7 16.7 6.0 ü regional train and coach services (million)
Due to the impact of the Regional Rail Link opening earlier than expected and cessation of associated disruptions.
Payments made for: $ million 782 743 5 metropolitan train services
Payments made for: $ million 460 369 25 regional train and coach services
Due to an increase in the number of services and additional funding to ensure the sustainability of V/Line’s operations as a result of wheel-wear issues.
Progress of Regional Rail Link – per cent 99 99 0 ü cumulative project expenditure
Public railway crossings upgraded number 29 29 0 ü
Public transport network improvement: number 10 10 0 ü minor projects completed – train
Public transport network improvement: number 2 2 0 ü multimodal projects completed
Scheduled services delivered: per cent 99 99 0 ü metropolitan train
Scheduled services delivered: per cent 96.6 98.5 -1.9 regional train
Total kilometres scheduled: km (million) 22.9 22.8 0.3 ü metropolitan train
Total kilometres scheduled: km (million) 24.1 23.6 2.1 ü regional train and coach
DEDJTR Annual Report 2015-16 239 03 NON-FINANCIAL PERFORMANCE
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUALITY
Availability of rolling stock: per cent 93 94 -1 metropolitan trains
Availability of rolling stock: VLocity fleet per cent 88.3 92.5 -4.5
Calls to the Public Transport Victoria per cent 76 80 -5 call centre answered within 30 seconds
Customer satisfaction index: score 72.3 70.1 3.1 ü metropolitan train services
Customer satisfaction index: score 76 77 -1 regional train services
Metropolitan fare evasion rate per cent 4.1 6.5 -36.9 ü
The continued reduction of fare evasion over recent years is due to an increase in the number of tickets checked.
Public transport network per cent 90 90 0 ü improvement: performance against master project schedule
TIMELINESS
Major periodic maintenance works per cent 100 100 0 ü completed against plan: metropolitan train network
Major periodic maintenance works per cent 96 100 -4 completed against plan: regional train network
Service punctuality for metropolitan per cent 92.5 92.5 0.0 ü train services
Service punctuality for regional per cent 87 92 -6 train services
Due to V/Line’s infrastructure and wheel-wear issues. Full restoration of V/Line services occurred on 26 June 2016.
COST
Total output cost $ million 2,827.7 2,755.2 2.6
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
240 DEDJTR Annual Report 2015-16 Table 27 Output: Tram Services Table 27 represents performance against the Tram Services output. This output delivers reliable and cost-effective tram services and infrastructure investments, including public transport services delivered through contractual arrangements with private operators.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUANTITY
Level access tram stop upgraded number 10 10 0 ü
Passengers carried: tram services number 203.8 182.9 11.4 ü (million)
Due to the strong uptake of the Free Tram Zone.
Payments made for: tram services $ million 203 202 1
Public transport network improvement: number 2 2 0 ü minor projects completed – tram
Scheduled services delivered: tram per cent 98.8 99.5 -0.7
Total kilometres scheduled: tram km (million) 23.9 23.1 3.5 ü
Tram – cumulative procurement per cent 77 72 7 ü of new rolling stock
New trams were delivered earlier than scheduled.
W-Class trams fully restored number 1 1 0 ü
QUALITY
Availability of rolling stock: trams per cent 92 94 -2
Customer satisfaction index: score 76 74 3 ü tram services
TIMELINESS
Major periodic maintenance works per cent 100 100 0 ü completed against plan: tram network
Service punctuality tram services per cent 83.7 82.9 1.0 ü
COST
Total output cost $ million 621.9 645.0 -3.6 ü
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
DEDJTR Annual Report 2015-16 241 03 NON-FINANCIAL PERFORMANCE
Table 28 Output: Transport Safety, Security and Emergency Management Table 28 represents performance against the Transport Safety, Security and Emergency Management output. This output delivers initiatives and regulatory activities that will improve safety and security and strengthen resilience on Victoria’s transport network.
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
QUANTITY
Accredited State maritime training number 20 20 0 ü providers audited in accordance with annual audit plan
Recreational vessel inspections number 4,245 3,500 21 ü undertaken in accordance with State legislative requirements
Summer boating safety officers are now permanently located in regional Victoria.
Regulatory interventions conducted number 70 70 0 ü on high-risk or accredited Rail Transport Operators
Road safety projects/initiatives number 4 7 -43 completed: safe road users
Due to delays in introducing a memorandum of authorisation which is a prerequisite for the projects to commence.
Road safety projects/initiatives number 169 145 17 ü completed: safe roads
The Safe System Road Infrastructure Program was accelerated, resulting in projects and initiatives being brought forward and completed this financial year.
Road safety projects/initiatives number 5 4 25 ü completed: safe vehicles
Three projects are now scheduled to be completed in 2016-17. This was offset by four projects added to the 2015-16 program of works after the target was set and completed.
Road vehicle and driver regulation: number (000) 794 780 2 ü driver licences renewed
Road vehicle and driver regulation: number (000) 185 200 -8 new driver licences issued
The 2015-16 target was based on a model revised to take into account an unexpectedly high result for 2014-15, which 2015-16 results did not repeat.
Road vehicle and driver regulation: number (000) 584 580 1 ü new vehicle registrations issued
Road vehicle and driver regulation: number (000) 3,963 3,670 8 ü vehicle and driver information requests, including toll operator and council requests, processed
There has been an increase in information requests from CityLink and EastLink, a reversal of the previous two years’ reduction in information requests.
Road vehicle and driver regulation: number (000) 904 900 0 ü vehicle registration transfers
Road vehicle and driver regulation: number (000) 5,533 5,500 1 ü vehicle registrations renewed
Safety audits of bus operators number 560 560 0 ü conducted in accordance with Bus Safety Act 2009 (Vic) requirements
Security and emergency management number 8 8 0 ü exercises coordinated or contributed to by the department
242 DEDJTR Annual Report 2015-16 Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
Transport and marine safety per cent 100 100 0 ü investigations: proportion of notified accidents with passenger fatalities and/or multiple serious passenger injuries investigated
Transport safety regulation: rail number 99 50 98 ü safety audits/ compliance inspections conducted in accordance with legislative requirements
The Office of the National Rail Safety Regulator requires Transport Safety Victoria to undertake investigations in addition to audit and compliance activities. Investigation activities were not included in this measure when the target was set. There has also been an increase in the number of audits and compliance inspections requested. Proposed to be discontinued in 2015-16; reinstated in accordance with the recommendation of PAEC.
Victorian marine pollution response number 2 2 0 ü exercises conducted by the department
QUALITY
Commercial maritime duty holders per cent 100 100 0 ü other than vessel owners and operators audited in accordance with national legislative requirements and timelines
Commercial vessel compliance per cent 100 100 0 ü and enforcement actions undertaken in accordance with national regulation and timelines
Compliance inspections of vessel per cent 100 100 0 ü operating and zoning rules in designated Victorian waterways conducted in accordance with the annual audit plan
Conduct Sector Resilience Network number 4 4 0 ü workshops to identify and support improvements in critical infrastructure resilience, in line with the Sector Resilience Plan
Rail safety audits, compliance per cent 100 100 0 ü inspections and investigations conducted in accordance with State and national legislative requirements and timelines
Review exercises conducted number 4 4 0 ü by the Regional Control Agencies identified under VICPLAN and through Direction from the State Marine Pollution Controller
Road safety projects completed within per cent 100 100 0 ü agreed scope and standards
Road vehicle and driver regulation: per cent 99 99 0 ü currency of vehicle registration and driver licensing records
DEDJTR Annual Report 2015-16 243 03 NON-FINANCIAL PERFORMANCE
Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
Road vehicle and driver regulation: per cent 90 >85 6 ü user satisfaction with vehicle registration and driver licensing
Due to the focus on customer experience and the growth in digital services.
TIMELINESS
Applications for bus operator per cent 100 100 0 ü registration and safety accreditation processed on time in accordance with Bus Safety Act 2009 (Vic) requirements
Applications for rail accreditation per cent 100 100 0 ü and variations to accreditation processed within State and national legislative requirements and timelines
Initiate marine pollution per cent 100 100 0 ü response action within 60 minutes of incident notification
Lead Built-Environment per cent 100 100 0 ü Recovery Coordination within required timeframes
Multi-purpose Taxi Program: per cent 99 97 2 ü applications assessed and completed within 14 days
New commercial passenger vehicle per cent 94 85 11 ü licence applications other than taxi processed within 21 days
Due to the introduction of more efficient processes in 2015-16.
New taxi vehicle licence applications per cent 93 85 9 ü processed within 14 days
Due to the introduction of more efficient processes in 2015-16.
New taxi, hire vehicle and bus driver per cent 70 85 -18 accreditation applications processed within 14 days
There was a significant increase (118 per cent) in the number of applications received compared to the previous year. This was partially off-set by the introduction of improved, more efficient processes during the year.
Road safety programmed works per cent 100 100 0 ü completed within agreed timeframes
Road vehicle and driver regulation: seconds 268 240 12 average speed of calls answered in VicRoads call centres
There has been an increase in the complexity of calls being received, as well as process changes to enhance customers’ experience and provide first contact resolutions.
Road vehicle and driver regulation: per cent 76 80 -5 ü customers served within 10 minutes in VicRoads Customer Service Centres
Road vehicle and driver regulation: per cent 88 85 4 ü new and renewed driving instructor authority applications processed within 14 days
244 DEDJTR Annual Report 2015-16 Performance Unit of 2015-16 2015-16 Performance measures measure actual target variation (%) Result(1)
Transport and marine safety per cent 100 100 0 ü investigations: accidents/incidents assessed within two days of notification to determine need for detailed investigation
Transport and marine safety months 16 12 31 investigations: average time taken to complete investigations
Due to additional training requirements of staff and two lengthy investigations (one investigation being the subject of a prosecution).
COST
Total output cost $ million 286.8 326.7 -12.2 ü
The 2015-16 result was $39.9 million lower than budget mainly due to a timing differences in expenditure for the Safer Systems Road Infrastructure Program and delays in a number of projects including Federal Blackspot and Practical Driver Training projects.
1. Notes ü Performance target achieved or exceeded. Performance target not achieved — within 5 per cent variance. Performance target not achieved — exceeds 5 per cent variance.
DEDJTR Annual Report 2015-16 245 246 DEDJTR Annual Report 2015-16 04 APPENDICES
DEDJTR Annual Report 2015-16 247 04 APPENDICES
The budget portfolio outcomes provide Appendix 1: a comparison between the actual financial report Budget portfolio of all general government entities within the portfolio and the forecast published in the Budget outcomes Papers. The budget portfolio outcomes comprise the comprehensive operating statement, balance sheet, statement of changes in equity and statement of cash flows. Financial transactions and balances are classified into either controlled or administered categories consistent with the published statements in Budget Paper No. 5. The following budget portfolio outcomes statements are not subject to audit by the Victorian Auditor-General’s Office and are not prepared on the same basis as the department’s financial statements, as they include the consolidated financial information of:
Controlled • Department of Economic Development, Jobs, Transport and Resources • VicRoads • Linking Melbourne Authority•1 • Taxi Services Commission • Public Transport Development Authority • Melbourne Cricket Ground Trust • Library Board of Victoria • Melbourne Recital Centre • Australian Centre for the Moving Image • Museums Board of Victoria • Council of Trustees of the National Gallery of Victoria • Major Projects Victoria • Tourism Victoria • Film Victoria
* Linking Melbourne Authority has been disbanded from January 2015.
248 DEDJTR Annual Report 2015-16 Comprehensive operating statement for the financial year ended 30 June 2016 2015-16 2015-16 Actual Published budget budget ($ million) ($ million) Variation % Notes Income from transactions Output appropriations 6,753 7,177 (424) (6%) a Special appropriations 1 5 (4) (85%) b Interest 20 15 6 40% c Sales of goods and services 533 511 23 4% Grants 359 319 40 13% d Fair value of assets and services received free of charge or 96 57 40 70% e for nominal consideration Other income 205 153 52 34% f Total income from transactions 7,968 8,236 (268) (3%) Expenses from transactions Employee benefits (821) (831) 10 (1%) Depreciation and amortisation (758) (817) 59 (7%) Interest expense (149) (150) 2 (1%) Grants and other transfers (2,995) (2,832) (163) 6% g Capital asset charge (215) (215) 0 (0%) Other operating expenses (3,163) (3,146) (17) 1% Total expenses from transactions (8,101) (7,992) (109) 1% Net result from transactions (net operating balance) (133) 244 (378) (155%) Other economic flows included in net result Net gain/(loss) on non-financial assets (10) - (10) >(100)% Net gain/(loss) on financial instruments and statutory (2) (0) (2) >(100)% receivables/payables Other gains/(losses)from other economic flows (3) - (3) >(100)% Total other economic flows included in net result (15) (0) (15) >(100)% Net result (149) 244 (393) >(100)% Other economic flows – other non-owner changes in equity Adjustment to accumulated surplus/(deficit) due to a change 23 - 23 >100% in accounting policy Changes in physical asset revaluation reserve 612 63 549 >100% Financial assets available for sale reserve (3) 1 (5) >(100)% Other (35) 4 (40) >(100)% Total other economic flows – other non-owner changes in equity 596 69 528 >100% Comprehensive result 447 313 135 43%
Notes: Explanations for major variations between the 2015-16 actual and 2015-16 published budget are: a Output appropriations were lower than the original budget primarily due to timing differences associated with program expenditure rephasings, carryover from 2015-16 into 2016-17 across portfolios and changes to the Better Roads Victoria Trust arrangements. b Appropriations were lower than the original budget primarily due to rephasing of coal seam gas revenue and revised receipts associated with public transport. c Interest income was slightly higher than the original budget primarily due to improved returns on invested funds relative to budget. d Grants income was higher than the original budget primarily due to release of funding for Major Events. e Fair value of assets and services received free of charge or for nominal consideration were higher than budget, and mainly associated with receipt of road assets free of charge. f Other income was higher than the original budget primarily due to increased receipts from third parties. g Grants expenses were higher than the original budget primarily due to payments associated with major events and Regional Rail sustainability approved post Budget.
DEDJTR Annual Report 2015-16 249 04 APPENDICES
Balance sheet as at 30 June 2016 2015-16 2015-16 Actual Published budget budget ($ million) ($ million Variation % Notes
ASSETS
Financial assets
Cash and deposits 1,747 1,925 (178) (9%)
Receivables 1,514 1,502 11 1%
Other financial assets 141 146 (5) (4%)
Financial assets 3,402 3,573 (172) (5%)
Non-financial assets
Inventories 46 11 34 >100% a
Non-financial assets classified as held for sale including 53 28 25 89% b disposal group assets
Property, plant and equipment 56,338 56,600 (262) (0%)
Biological assets 2 2 0 15%(i) c
Investment properties - 5 (5) >(100)% d
Intangible assets 124 109 15 14% e
Other 29 36 (7) (19%) f
Total non-financial assets 56,592 56,792 (200) (0%)
Total assets 59,993 60,365 (372) (1%)
Liabilities
Payables 1,346 1,207 139 12% g
Borrowings 1,574 1,488 86 6%
Provisions 730 749 (19) (3%)
Total liabilities 3,650 3,444 206 13%
Net assets 56,343 56,921 (578) (1%)
Equity
Accumulated surplus/(deficit) 15,858 16,234 (376) (2%)
Reserves 20,463 19,952 511 3%
Contributed capital 20,023 20,735 (712) (3%)
Total equity 56,343 56,921 (578) (1%)
Net worth 56,343 56,921 (578) (1%)
Notes: Explanations for major variations between the 2015-16 actual and 2015-16 published budget are: a Inventories were higher than the original budget due to revised inventories for Myki cards. b Non-financial assets classified as held for sale including disposal group assets were higher than the original budget due to the reclassification of some land holdings. c Biological assets were higher than the original budget primarily due to slightly higher values for livestock. d Investment properties were lower than the original budget primarily due to the disposal of assets. e Intangible assets were higher than the original budget primarily due to the recognition of ICT related assets during the year. f Other assets were lower than budget primarily due to lower levels of deferred project expenditure. g Payables were higher than the original budget primarily due to revised working capital levels required for project facilitation. i The variance represents a rounding issue of 1.9886 actual and 1.7302 published.
250 DEDJTR Annual Report 2015-16 Cash flow statement for the financial year ended 30 June 2016 2015-16 2015-16 Actual Published budget budget ($ million) ($ million) Variation % Notes
Receipts
Receipts from government 6,775 7,103 (328) (5%)
Receipts from other entities 888 857 31 4%
Goods and services tax recovered from the ATO (47) (0) (47) >(100) a
Interest received 20 15 6 39% b
Other receipts 123 120 3 3%
Total receipts 7760 8095 (335) (4%)
Payments
Payments of grants and other transfers (2,993) (2,832) (161) 6%
Payments to suppliers and employees (3,747) (3,923) 176 (4%)
Goods and services tax paid to the ATO (4) - (4) >(100) c
Capital asset charge (215) (215) 0 (0%)
Interest and other costs of finance (149) (151) 2 (1%)
Total payments (7,109) (7,121) 12 (0%)
Net cash flows from /(used in) operating activities 651 973 (322) (33%)
Cash flows from investing activities
Net investment 22 3 19 >100 d
Net (purchase)/disposal of investments - policy purposes - - 0 -
Payments for non-financial assets (2363) (2194) (169) 8%
Proceeds from sale of non-financial assets 15 10 5 53% e
Net loans to other parties 3 1 2 >100 f
Net cash flows from /(used in) investing activities (2,323) (2,180) (143.8) 7%
Cash flows from financing activities
Owner contributions by State Government 1833 1554 279 18% g
Repayment of finance leases (44) (35) (9) 24% h
Net borrowings 16 (2) 19 >(100) i
Net Cash flows from/(used in) financing activities 1,806 1,517 289 19%
Net increase (decrease) in cash and cash equivalents 134 311 (177.0) (57%)
Cash and cash equivalents at the beginning of the 1,614 1,614 - 0% financial year
Cash and cash equivalents at the end of the financial year 1,748 1,925 (177.0) (9%)
Notes: Explanations for major variations between the 2015-16 actual and 2015-16 published budget are: a Goods and services tax recovered from the Australian Tax Office (ATO) were lower than the original budget primarily due to timing differences. b Interest received was higher than the original budget primarily due to improved returns on invested funds relative to budget. c Goods and Services Tax paid to the ATO were higher than the original budget primarily due to timing differences. d Net investments were higher than the original budget primarily due to the reclassification of some investments. e Proceeds from sale of non-financial assets were higher than the original budget primarily due to additional sales of land. f Net loans to other parties were higher than the original budget primarily due to loans to other entities for the Greener Government Buildings Offices Energy Performance Contracting program. g Owner contributions by State Government were higher than the original budget primarily due to the recognition of capital carryover and the release of funding for infrastructure projects. h Repayment of finance leases were higher than the original budget primarily due to revised repayment schedules for projects within the portfolio. i Net borrowings were higher than the original budget primarily reflecting the brought forward purchase of Myki cards.
DEDJTR Annual Report 2015-16 251 04 APPENDICES
Administered items statement as at 30 June 2016 2015-16 2015-16 Actual Published budget budget ($ million) ($ million) Variation % Notes
Administered income
Output appropriations 66 67 (1) (1%)
Interest 10 10 (0) (0%)
Sales of goods and services 289 285 4 1%
Grants 0 0 0 >100%
Other income 2,544 2,412 132 5%
Total administered income 2,910 2,775 135 5%
Administered expenses
Interest expense (73) (73) (0) 0%
Grants and other transfers (5) (6) 1 (17%) a
Payments into consolidated fund (2,814) (2,656) (158) 6%
Other operating expenses (18) (17) (1) 8%
Total administered expenses (2,910) (2,751) (159) 6%
Income Less Expenses (1) 23 (24) >(100)%
Total other economic flows (8) (14) 7 (47%)
Total other economic flows 1 - 1 >(100)% - Other non-owner changes in equity
Net result (7) 9 (16) >(100)%
Administered assets
Cash and deposits 14 14 0 3%
Receivables 410 405 5 1%
Other financial assets 3 3 0 5%
Non-financial assets 16 0 16 >100% b
Total administered assets 443 422 22 5%
Administered liabilities
Payables 493 457 36 8%
Borrowings 456 455 0 0%
Total administered liabilities 949 912 36 4%
Net assets (505) (491) (14) 3%
Notes: Explanations for major variations between 2015-16 actual and 2015-16 published budgets are: a Grants and other transfers were lower than the original budget due to the timing of payments made on behalf of the State of Victoria for the Melbourne Convention and Exhibition Centre. b Non-financial assets were higher than the original budget due to recognition of additional assets.
252 DEDJTR Annual Report 2015-16 Statement of changes in equity as at 30 June 2016 Accumulated Asset surplus/ Contributions revaluation Other Total (deficit) by owners reserve reserves equity ($ million) ($ million) ($ million) ($ million) ($ million)
Actual result:
Opening balance 1 July 2015 (actual) 16,001 20,210 19,832 40 56,084
Comprehensive result (143) - 612 (21) 447
Transactions with owners in their capacity - (188) - - (188) as owners
Closing balance 30 June 2016 (actual) 15,858 20,023 20,444 19 56,343
Budget result
Opening balance 1 July 2015 (budget) 16,001 20,210 19,832 40 56,084
Comprehensive result 233 - 63 17 313
Transactions with owners in their capacity - 525 - - 525 as owners
Closing balance 30 June 2016 (budget) 16,234 20,735 19,895 57 56,921
Departmental five-year financial summary (controlled)
2016 2015 2014 2013 2012
($ thousand)
Revenue from government(i) 6,877,808 3,843,175 796,231 521,627 523,481
Total income from transactions 6,945,400 4,041,135 940,987 620,892 557,513
Total expenses from transactions (6,883,104) (3,849,055) (902,141) (606,088) (574,109)
Net result from transactions(ii) 62,296 192,080 38,846 14,804 (16,596)
Net result for the period 71,528 149,401 33,924 11,010 (24,315)
Net cash flow from operating activities 278,698 109,062 63,013 30,692 (14,166)
Total assets 4,601,791 4,255,624 1,194,330 815,139 682,247
Total liabilities 1,771,430 1,550,808 138,856 84,749 71,224
(i) Income from government includes both output and special appropriations. (ii) The ‘net result from transactions’ is identical to the ‘net operating balance’ for the general government sector.
DEDJTR Annual Report 2015-16 253 04 APPENDICES
Information on the new and existing capital projects Appendix 2: for DEDJTR is contained in the most recent Budget Capital projects/asset Paper No. 4 State Capital Program (BP4) which is available on the Department of Treasury and investment programs Finance’s website.
The department and its related portfolio entities, During the year, DEDJTR completed the following including Victorian Rail Track, manage a range capital projects with a Total Estimated Investment of capital projects to deliver services of $10 million or greater. The details related to these for the government. projects are reported below:
Table 1: Capital projects completed during the financial year ended 30 June 2016 Variation between Reason for Latest Original Latest actual cost variance Original approved Actual approved approved Actual TEI and latest from latest completion completion completion TEI* budget TEI* budget cost** approved approved Project name date date date $million $million $million TEI budget TEI budget
40 new trains Jun 2015 Jun 2016 Feb 2016 210.360 207.360 (a) 190.812 (16.548) for Melbourne commuters - stage 1 (metro various)
Accessible Dec 2015 Jun 2015 Jun 2016 20.000 20.000 19.856 (0.144) Public Transport in Victoria:
Balaclava Dec 2013 Dec 2015 Dec 2015 11.900 18.900 (b) 17.659 (1.241) Station All of these (Balaclava) projects Ballan crossing Jun 2016 Jun 2016 Jun 2016 14.797 14.797 13.402 (1.395) have loop and car reached park upgrade practical (Ballan) completion, within the City Loop fire Jun 2015 Mar 2016 May 2016 43.190 43.190 33.619 (9.571) approved and safety TEI of the upgrade project. (Melbourne) Final Consolidating Jun 2014 Dec 2015 Dec 2015 52.470 52.274 (c) 52.272 (0.002) costings accommodation will be metro and confirmed regional once (Attwood) financial completion Controlled Dec 2012 Jun 2016 Jun 2016 10.500 10.700 (d) 10.700 (0.000) is achieved. environments for developing new crops development (statewide)
Dingley Bypass Dec 2016 Sep 2016 Mar 2016 155.700 155.700 139.766 (15.934) between Warrigal Road to Westall Road (Dingley)
254 DEDJTR Annual Report 2015-16 Variation between Reason for Latest Original Latest actual cost variance Original approved Actual approved approved Actual TEI and latest from latest completion completion completion TEI* budget TEI* budget cost** approved approved Project name date date date $million $million $million TEI budget TEI budget
East Werribee Jun 2015 Dec 2015 Feb 2016 32.690 26.550 (e) 23.400 (3.150) Employment Precinct preliminary infrastructure (East Werribee)
Federation Dec 2015 Jun 2016 Jun 2016 11.735 11.735 11.735 0.000 Square capital replacement and renewal works (Melbourne)
High Street Dec 2017 Jun 2016 Apr 2016 16.248 16.248 15.929 (0.319) Road improvement project (Wantirna All these South) projects Managed Dec 2015 Dec 2015 Aug 2015 20.260 18.576 (f) 16.792 (1.784) have motorway reached program practical - Monash completion, Freeway within the between High approved Street and TEI of the Warrigal Road project. (metro various) Final costings Melbourne Dec 2014 Sep 2015 Aug 2015 453.418 438.121 (g) 429.650 (8.470) will be Wholesale confirmed Markets - once redevelopment financial (Epping) completion Metropolitan Dec 2014 June 2015 Jul 2015 143.900 191.890 (h) 186.695 (5.195) is achieved. train safety
New trains for Dec 2015 June 2016 Jun 2016 178.068 145.068 (i) 127.864 (17.204) Melbourne commuters (metro various)
Noise wall Dec 2016 May 2015 Oct 2015 19.336 18.958 (j) 18.103 (0.855) program (metro various)
Princes Highway Dec 2013 Mar 2016 Dec 2015 11.000 11.000 9.436 (1.564) East passing lanes (Hospital Creek, Dinner Creek, and Wombat Creek) (non-metro various)
DEDJTR Annual Report 2015-16 255 04 APPENDICES
Variation between Reason for Latest Original Latest actual cost variance Original approved Actual approved approved Actual TEI and latest from latest completion completion completion TEI* budget TEI* budget cost** approved approved Project name date date date $million $million $million TEI budget TEI budget
Protective Dec 2014 Jun 2016 Jun 2016 85.498 66.194 (k) 57.966 (8.228) Services Officers railway All these infrastructure projects (metro various) have Ringwood Dec 2015 Jun 2016 Jan 2016 66.000 66.000 65.967 (0.033) reached Station and practical interchange completion, upgrade within the (Ringwood) approved TEI of the Syndal Station Dec 2014 Dec 2015 Oct 2015 10.773 10.773 10.511 (0.262) project. multi-deck car Final park project costings (Glen Waverley) will be Western Dec 2013 Jun 2016 Jun 2016 49.400 50.000 (l) 49.963 (0.037) confirmed Highway once upgrade - financial Stawell to South completion Australian is achieved border (non- metro various)
* Total estimated investment ** The actual TEI cost is for the period to practical completion date. Notes:: a) The original TEI was reduced by $3 million due to project savings. b) The original TEI was increased by $7 million due to a change of project scope. c) The original TEI was reduced by $0.196 million due to overall project savings. d) The original TEI was increased by $0.2 million due to minor increases in project scope. e) The original TEI has been reduced by $6.14 million following Machinery of Government changes. f) The original TEI was reduced by $1.684 million due to overall project savings. g) The original TEI has reduced by $15.297 million due to the transfer of funds from capital to output funding and overall project savings. h) The original TEI was increased by $47.99 million due to scope and timing adjustments. i) The original TEI was reduced by $33 million due to project savings. j) The original TEI was reduced by $0.378 million due to overall scope changes and project savings. k) The original TEI was reduced by $19.304 million due to changes in project scope. l) The original TEI was increased by $0.6 million due to higher than anticipated construction costs.
256 DEDJTR Annual Report 2015-16 Appendix 3: Appendix 4: International People and workplace Victorian Government Public administration values and Business Offices network employment principles International engagement supports Victoria’s The department is committed to meeting the public economic prosperity, as engagement with growth sector values and employment principles set out markets is vitally important to the performance of in the Public Administration Act 2004. In continuing the Victorian economy. Victoria’s network of offshore to develop and maintain its policies and procedures offices is integral to the delivery of the Victorian across 2015-16, the department ensured these values Government’s international engagement agenda. and principles were reflected and communicated. Victoria has the most extensive network of any Australian state with 18 offices in key international Information related to public sector conduct and markets, headed by eight Commissioners the Victorian Public Service (VPS) employment for Victoria. principles is promoted via policies on the intranet and through expert advice provided by People In 2015-16, the international Victorian Government and Workplace Services. Business Office (VGBO) network helped support 2434 Victorian businesses participating in Our workforce export programs. Participants in the Victorian Government’s export programs, supported by The DEDJTR workforce comprises approximately the international network have reported actual 2840 employees located at five CBD and 14 greater increased exports of $458.85 million as a direct result metropolitan sites, as well as 77 regional sites across of their participation. Additionally, in 2015-16, the Victoria and 18 international offices. international VGBO network assisted in facilitating During 2015, the department commenced a approximately $868 million worth of capital significant organisation redesign which focused investment into the state, creating 2032 new jobs. on maximising its capabilities and ensuring it was The Government made an election commitment to effective in what it delivered, well prioritised in its establish new VGBOs in South America, Singapore use of resources and a best practice workplace. and Turkey, increasing the overall number of This process was finalised during 2015-16 with new overseas offices to 21. Significant progress has been structures now implemented. made on the establishment of these offices with Simultaneously, a series of significant workforce the Chilean capital Santiago announced as the related projects were undertaken to continue to preferred location of the South America office. enhance the department’s efficiency, culture and future performance. These included:
• consolidating five payroll systems • updating existing policies to reflect the newly implemented Victorian Public Service Agreement 2016 • developing and implementing new policies to further support employees such as a Family Violence Policy • launching DEDJTR Connects, the department’s organisational development strategy.
DEDJTR Annual Report 2015-16 257 04 APPENDICES
Safety and wellbeing DEDJTR seeks to support employee wellbeing and Other areas of focus are: create a safe working environment. The department wants employees to work in a safe environment where • the continual review and consultation of all safety their physical and mental wellbeing is supported. and wellbeing policies and procedures to ensure they meet the requirements of the occupational The department aims to build a culture in which health and safety (OHS) legislation and the needs safety and wellbeing is everyone’s responsibility of the department and in which employees are empowered to take • completion and monitoring of safety risk registers proactive measures that will minimise if not that record hazards and risks specific to individual eliminate all risks and hazards. business groups which will provide, when combined, an aggregated analysis of the safety and wellbeing New safety and wellbeing risks across the department and controls that exist governance framework to mitigate and manage those risks The department brings together a diverse and • the provision of a consolidated, employee- dispersed workforce across portfolio areas such as accessible incident management system to agriculture, employment, energy, resources, transport, encourage a reporting and compliance ethos the arts, small business, innovation and trade. throughout the department.
In acknowledgement of this diversity, the Executive The establishment of a DEDJTR Safety Consultative Board endorsed a governance model where business Committee is being mirrored across the organisation groups are responsible for ensuring the effective with the creation of similar committees at all management and governance of health and safety departmental sites. against corporate safety and wellbeing standards, policies and compliance measures.
Safety management system The department has continued to refine and implement a more effective and efficient safety management system including the enhancement and promotion of its chemical management system.
258 DEDJTR Annual Report 2015-16 Consolidation of safety Wellbeing and wellbeing team The DEDJTR Mental Health and Wellbeing A safety and wellbeing team was consolidated Program provided: within the People and Workplace Services division. • mental health and wellbeing support comprising: The team has six safety advisers and a team leader –– assistance counselling to staff who undertake safety inspections and provide and their families specialist advice to managers and staff at Victorian –– assistance coaching to help managers regional sites. to support their employees –– career transition coaching and support Injury management to review and develop resumes, interview There were 32 standard claims during the reporting techniques or career path planning period including 13 musculoskeletal disorder conversations, mediation and conflict and five mental injury claims; 22 of the standard coaching for staff and managers to address claims were lost time claims and the average cost and diffuse conflict in the workplace per claim was $26,010. –– counselling, coaching and psychological DEDJTR’s Injury Management Program is supported support services following critical events by two full-time injury management advisors to individuals, teams and family members who provide expertise and support to managers • an Early Intervention Program with targeted and employees. The department’s focus on early wellbeing support and interventions tailored intervention has resulted in an improved injury for employees with work or non-work related management performance including a reduction injuries or illnesses of more than 30 per cent to the capped claim • an online wellbeing portal promoting mental costs from the previous year and a reduction of health, fitness and nutritional information 19.3 per cent to the WorkCover Premium employer and a monthly Wellness magazine performance rating from the previous year. The department’s performance rating is now • influenza vaccinations for 1382 employees 9.9 per cent lower than the industry average. within Victoria • walking challenge to 462 employees based in Australian and international offices • healthy cooking demonstrations run by a qualified nutritionist • extensive and continuing individual health screening consultations with a qualified nurse to measure medical health • an online health assessment and reporting tool to gauge individual health risk areas and recommended lifestyle changes based on biometric readings, family history and lifestyle choices.
DEDJTR Annual Report 2015-16 259 04 APPENDICES
Performance against OH&S management measures(1) Measure
2015-16
Measure Key performance indicators
Incidents Number of incidents 165
Rate per 100 full-time equivalent (FTE) 0.44
Claims (5) Number of standard claims (2) 32
Rate per 100 FTE 1.13
Number of lost time claims (3) 22
Fatalities Rate per 100 FTE 0.77
Claims costs (5) Number of claims exceeding 13 weeks (4) 3
Management commitment Rate per 100 FTE 0.18
Fatality claims 0
Consultation and participation Average cost per standard claim (5) $26,010
Evidence of occupational health and safety (OHS) policy Completed statement, OHS objectives, regular reporting to senior management of OHS, and OHS plans (signed by the CEO or equivalent)
Risk management Evidence of OHS criteria in purchasing guidelines (including Completed goods, services and personnel)
Evidence of agreed structure of Designated Working Groups Completed (DWGs), Health and Safety Representatives (HSRs) and Issue Resolution Procedures (IRPs)
Compliance with agreed structure, DWGs, HSRs and IRPs Completed
Percentage of internal audits/inspections conducted 100% as planned
Training Percentage of issues identified actioned arising from:
• internal audits 100%
• WorkSafe notices 100%
Percentage of managers and employees who have received OHS training:
• induction Partially achieved
• management training Partially achieved
Percentage of HSRs trained
• acceptance of role Partially achieved
Notes: 1. DEDJTR was created in 2014-15 and an accurate comparison with previous years is not applicable. 2. Standardised claims are those that have exceeded the employer excess (days or dollars) or are registered as a standard claim and are open with payments at the time of extraction. Fatality claims are also based on the same definition of standardised claims. Under threshold claims are excluded from this figure. 3. A time lost claim is one with one or more days compensated by the Victorian WorkCover Authority (VWA) Insurer (that is: once the employer has paid the 10-day excess) at the time of extraction. Lost time claims are a sub set of standardised claims. Under threshold claims are excluded from this figure. 4. Thirteen week claims is a measure of the number of claims exceeding 65 days compensation. This measure reflects claims reported in the prior 6-18 months (2015 calendar year). 5. Data is provided by Xchanging, the department’s authorised agent.
260 DEDJTR Annual Report 2015-16 Workforce inclusion policy Aboriginal Inclusion Action Plan The department recognises the value of individual Bullarto-Buluk DEDJTR’s Aboriginal Inclusion differences and managing the workplace so that every Action Plan 2016-18. consolidates the work of former employee feels included, valued and empowered. departments and responds to directions outlined in the Victorian Government Aboriginal Inclusion The DEDJTR diversity and inclusion action plan sets Framework and the Victorian Aboriginal Affairs out the department’s approach to engaging with its Framework 2013-18. Bullarto-Buluk complements diverse workforce, with a focus on gender balance, the Victorian Government plan (Karreeta Yirramboi) disability employment and accessibility, cultural which seeks to improve public sector employment diversity, sexual orientation and gender identity, outcomes for Aboriginal Victorians. Under Bullarto- and Aboriginal employment and inclusion. The Buluk the department has a minimum one per cent department is also working to strengthen inclusion Aboriginal employment target. and diversity capabilities among its employees. The department celebrated diversity with a range Compliance with the of events throughout the year including International Carer’s Recognition Act 2012 Women’s Day, Cultural Diversity Week, NAIDOC Week The Carers Recognition Act 2012 obliges all State and International Day of People with Disability and Government departments to develop or provide participated in committees and networks including policies, programs or services that affect people in the Interdepartmental Committee on Disability and care relationships and to provide an annual report on the Victorian Public Sector (VPS) Network on Disability. how they have met those obligations under the Act. A full report of the department’s initiatives and The department has taken all practical measures to achievements in multicultural affairs is reported comply with its obligations under this Act. annually to the Victorian Multicultural Commission as required by the Multicultural Victoria Act 2011.
DEDJTR Annual Report 2015-16 261 04 APPENDICES
DEDJTR Workforce information
Fixed-term Ongoing and casual Total employees employees employees
Full-time Part-time Total Total Total Total (Head count) (Head count) (Head count) (FTE) (FTE) (FTE)
June 2015 2,109 468 2,577 2,417.4 472.5 2,889.9
June 2016 2,192 469 2,661 2,502.8 336.7 2,839.5
June 2015 June 2016
Fixed-term Fixed-term Ongoing and casual Ongoing and casual employees employees employees employees
Head count FTE FTE Head count FTE FTE Totals (FTE)
Gender
Male 1,254 1,233.1 210.3 1,290 1,268.7 1,24.4 1,393.1
Female 1,323 1,184.3 262.2 1371 1,234.1 212.3 1,446.4
Under 25 34 33.6 24.7 32 31.4 24.3 55.7
25-34 397 371.9 132.4 405 384.4 119.4 503.8
35-44 811 734.6 139.1 808 731.6 102.6 834.2
45-54 729 694.4 103.8 744 712.2 55.1 767.3
55-64 515 497.8 60.5 583 560.9 30.8 591.7
Over 64 91 85.1 12.0 89 82.3 4.5 86.8
VPS1 6 5.0 11.1 0 0.0 0.0 0.0
VPS2 152 138.8 36.0 162 149.0 42.6 191.6
VPS3 302 284.8 51.8 287 268.6 42.8 311.4
VPS4 379 353.7 73.9 396 371.5 64.2 435.7
VPS5 529 496.3 58.8 526 495.5 59.9 555.4
VPS6 486 466.9 47.9 475 456.5 50.7 507.2
STS 32 31.6 0.0 36 35.8 1.0 36.8
Executives 0 0.0 109.9 109 107.6 0.0 107.6
Principal 47 43.9 9.0 48 44.8 9.0 53.8 scientist
Science 559 511.4 73.1 546 497.5 65.9 563.4
Fisheries 79 79.0 0.0 69 69.0 0.0 69.0 officers
Legal officers 6 6.0 1.0 7 7.0 0.6 7.6
Notes: i. FTE means full-time equivalent. ii. All figures reflect employment levels during the last full pay period in June of each year. iii. Excluded are those on leave without pay or absent on secondment, external contractors/consultants, temporary employees employed by employment agencies and statutory appointees. iv. Employees attached to Tourism Victoria are employees of the department secretary and are included in the above figures. Employees are also reported in Tourism Victoria’s Annual Report. For reference, the total FTE for Tourism Victoria is: June 2015 – 86.6 FTE, June 2016 – 74.4 FTE.
262 DEDJTR Annual Report 2015-16 Game Management Authority
Fixed-term Ongoing and casual Total employees employees employees
Full-time Part-time Total Total (FTE) Total Total (Head count) (Head count) (Head count) (FTE) (FTE)
June 2015 12 0 12 12.0 4.0 16.0
June 2016 16 0 16 16.0 1.0 17.0
June 2015 June 2016
Fixed-term Fixed-term Ongoing and casual Ongoing and casual employees employees employees employees
Head count FTE FTE Head count FTE FTE Totals (FTE)
Gender
Male 11 11.0 3.0 15 15.0 1.0 16.0
Female 1 1.0 29.5 1 1.0 75.5 76.5
Under 25 0 0.0 0.0 0 0.0 0.0 0.0
25-34 2 2.0 0.0 2 2.0 0.0 2.0
35-44 4 4.0 3.0 6 6.0 0.0 6.0
45-54 4 4.0 0.0 5 5.0 0.0 5.0
55-64 2 2.0 1.0 3 3.0 1.0 4.0
Over 64 0 0.0 0.0 0 0.0 0.0 0.0
VPS2 0 0.0 1.0 1 1.0 0.0 1.0
VPS3 1 1.0 0.0 1 1.0 0.0 1.0
VPS4 8 8.0 2.0 10 10.0 0.0 10.0
VPS5 1 1.0 0.0 0 0.0 0.0 0.0
VPS6 1 1.0 1.0 3 3.0 0.0 3.0
Principal 1 1.0 0.0 1 1.0 1.0 2.0 scientist
Notes: i. FTE means full-time equivalent. ii. All figures reflect employment levels during the last full pay period in June of each year. iii. Excluded are those on leave without pay or absent on secondment, external contractors/consultants, temporary employees employed by employment agencies and statutory appointees.
DEDJTR Annual Report 2015-16 263 04 APPENDICES
Level Crossing Removal Authority
Fixed-term Ongoing and casual Total employees employees employees
Full-time Part-time Total Total Total Total (Head count) (Head count) (Head count) (FTE) (FTE) (FTE)
June 2015 0 0 0 0.0 24.5 24.5
June 2016 0 0 0 0.0 198.4 198.4
June 2015 June 2016
Fixed-term Fixed-term Ongoing and casual Ongoing and casual employees employees employees employees
Head count FTE FTE Head count FTE FTE Totals (FTE)
Gender
Male 0 0.0 14.0 0 0.0 119.8 119.8
Female 0 0.0 10.5 0 0.0 78.6 78.6
Under 25 0 0.0 1.0 0 0.0 7.0 7.0
25-34 0 0.0 7.8 0 0.0 54.8 54.8
35-44 0 0.0 8.7 0 0.0 77.7 77.7
45-54 0 0.0 5.0 0 0.0 37.9 37.9
55-64 0 0.0 2.0 0 0.0 21.0 21.0
Over 64 0 0.0 0.0 0 0.0 0.0 0.0
VPS2 0 0.0 0.0 0 0.0 1.0 1.0
VPS3 0 0.0 2.0 0 0.0 15.0 15.0
VPS4 0 0.0 3.0 0 0.0 34.9 34.9
VPS5 0 0.0 7.8 0 0.0 37.8 37.8
VPS6 0 0.0 3.0 0 0.0 54.2 54.2
STS 0 0.0 0.0 0 0.0 6.0 6.0
Executives 0 0.0 4.7 0 0.0 13.7 13.7
Principal 0 0.0 4.0 0 0.0 35.8 35.8 scientist
Notes: i. FTE means full-time equivalent. ii. All figures reflect employment levels during the last full pay period in June of each year. iii. Excluded are those on leave without pay or absent on secondment, external contractors/consultants, temporary employees employed by employment agencies and statutory appointees.
264 DEDJTR Annual Report 2015-16 Melbourne Metro Rail Authority
Fixed-term Ongoing and casual Total employees employees employees
Full-time Part-time Total Total Total Total (Head count) (Head count) (Head count) (FTE) (FTE) (FTE)
June 2015 5 0 5 5.0 75.5 80.5
June 2016 5 0 5 5.0 162.4 167.4
June 2015 June 2016
Fixed-term Fixed-term Ongoing and casual Ongoing and casual employees employees employees employees
Head count FTE FTE Head count FTE FTE Totals (FTE)
Gender
Male 4 4.0 46.0 4 4.0 86.9 90.9
Female 1 1 29.5 1 1.0 15.5 76.5
Under 25 0 0.0 1.0 0 0.0 10.0 10.0
25-34 5 5.0 32.0 5 5.0 48.8 53.8
35-44 0 0.0 21.6 0 0.0 46.2 46.2
45-54 0 0.0 14.9 0 0.0 29.4 29.4
55-64 0 0.0 6.0 0 0.0 28.0 28.0
Over 64 0 0.0 0.0 0 0.0 0.0 0.0
VPS2 0 0.0 0.0 0 0.0 2.0 2.0
VPS3 0 0.0 5.0 0 0.0 22.0 22.0
VPS4 0 0.0 10.0 0 0.0 21.8 21.8
VPS5 5 5.0 23.0 4 4.0 32.6 36.6
VPS6 0 0.0 18.7 1 1.0 43.2 44.2
STS 0 0.0 0.0 0 0.0 7.0 7.0
Executives 0 0.0 8.0 0 0.0 11.9 11.9
Principal 0 0.0 10.8 0 0.0 21.9 21.9 scientist
Notes: i. FTE means full-time equivalent. ii. All figures reflect employment levels during the last full pay period in June of each year. iii. Excluded are those on leave without pay or absent on secondment, external contractors/consultants, temporary employees employed by employment agencies and statutory appointees.
DEDJTR Annual Report 2015-16 265 04 APPENDICES
Regional Rail Link Authority
Fixed-term Ongoing and casual Total employees employees employees
Full-time Part-time Total Total Total Total (Head count) (Head count) (Head count) (FTE) (FTE) (FTE)
June 2015 0 0 0 0.0 22.5 22.5
June 2016 0 0 0 0.0 0.0 0.0
June 2015 June 2016
Fixed-term Fixed-term Ongoing and casual Ongoing and casual employees employees employees employees
Head count FTE FTE Head count FTE FTE Totals (FTE)
Gender
Male 0 0.0 14.7 0 0.0 0.0 0.0
Female 0 0.0 7.8 0 0.0 0.0 0.0
Under 25 0 0.0 0.0 0 0.0 0.0 0.0
25-34 0 0.0 3.0 0 0.0 0.0 0.0
35-44 0 0.0 5.8 0 0.0 0.0 0.0
45-54 0 0.0 6.0 0 0.0 0.0 0.0
55-64 0 0.0 6.7 0 0.0 0.0 0.0
Over 64 0 0.0 1.0 0 0.0 0.0 0.0
VPS1 0 0.0 0.0 0 0.0 0.0 0.0
VPS2 0 0.0 0.0 0 0.0 0.0 0.0
VPS3 0 0.0 0.0 0 0.0 0.0 0.0
VPS4 0 0.0 2.0 0 0.0 0.0 0.0
VPS5 0 0.0 4.0 0 0.0 0.0 0.0
VPS6 0 0.0 9.8 0 0.0 0.0 0.0
STS 0 0.0 1.0 0 0.0 0.0 0.0
Executives 0 0.0 2.7 0 0.0 0.0 0.0
Principal 0 0.0 3.0 0 0.0 0.0 0.0 scientist
Notes: i. FTE means full-time equivalent. ii. All figures reflect employment levels during the last full pay period in June of each year. iii. Excluded are those on leave without pay or absent on secondment, external contractors/consultants, temporary employees employed by employment agencies and statutory appointees. iv. Regional Rail Link Authority ceased operations during the 2015-16 financial year.
266 DEDJTR Annual Report 2015-16 Profile of executive employees as at 30 June 2016 An executive officer (EO) is defined as a person employed as a public service body head or other executive under Part 3, Division 5 of the Public Administration Act 2004. All figures reflect employment levels at the last full pay period in June of the current and corresponding previous reporting year.
The definition of an EO does not include Governor in Council appointments as statutory office holders.
Department of Economic Development, Jobs, Transport and Resources Table 1: Number of EOs classified into ‘ongoing’ and ‘special projects’
All Ongoing Special projects
Class No. Var. No. Var. No. Var.
Secretary 1 0 1 0 0 0
EO-1 13 3 10 2 3 1
EO-2 58 3 52 2 6 1
EO-3 58 0 56 0 2 0
Total 130 6 119 4 11 2
Table 2: Breakdown of EOs into gender for ‘ongoing’ and ‘special projects’
Ongoing Special projects
Male Female Vacancies Male Female Vacancies
Class No. Var. No. Var. No. No. Var. No. Var. No.
Secretary 1 0 0 0 0 0 0 0 0 0
EO-1 5 -1 4 3 1 1 1 0 0 2
EO-2 33 0 15 2 4 1 1 0 0 5
EO-3 27 -4 22 4 7 0 0 0 0 2
Total 66 -5 41 9 12 2 2 0 0 9
Table 3: Reconciliation of executive numbers The number of executives in the report of operations is based on the number of executive positions that were occupied at the end of the financial year. Note 41(a) in the Financial Statements lists the actual number of and amount of remuneration paid to EOs during the reporting period. The Financial Statements note does not distinguish between executive levels, nor does it disclose separations, vacant positions, executives whose total remuneration is below $100,000, nor does it include the Accountable Officer. Separations are those executives who received more than $100,000 in the financial year and have left the department during this year. To assist readers, these two disclosures are reconciled below.
2016 2015
Executives with total remuneration over $100,000 (Financial Statement Note 30(a)) 113 99
Add
Vacancies (Table 2) 21 42
Executives employed with total remuneration below $100,000 21 49
Executives reported in Tourism Victoria’s financial statement 5 N/A
Accountable Officer (Secretary) 1 2
Less Separations/Leave without pay (LWOP) 31 23
Total executive numbers as at 30 June 130 169
For 2015, the data reported in Table 3: Reconciliation of executive numbers reflects the data published in the 2014-15 Annual Report which was the total combined executive officer numbers for the Department of Economic Development, Jobs, Training and Resources, Level Crossing Removal Authority, Melbourne Metro Rail Authority and Regional Rail Link Authority. For the 2016 year, the executive officer numbers are reported separately for each agency.
DEDJTR Annual Report 2015-16 267 04 APPENDICES
Level Crossing Removal Authority Table 1: Number of EOs classified into ‘ongoing’ and ‘special projects’
All Ongoing Special projects
Class No. Var. No. Var. No. Var.
EO-1 2 1 0 0 2 1
EO-2 15 5 0 0 15 5
EO-3 4 3 0 0 4 3
Total 21 9 0 0 21 9
Table 2: Breakdown of EOs into gender for ‘ongoing’ and ‘special projects’
Ongoing Special projects
Male Female Vacancies Male Female Vacancies
Class No. Var. No. Var. No. No. Var. No. Var. No.
EO-1 0 0 0 0 0 2 1 0 0 0
EO-2 0 0 0 0 0 8 5 1 0 6
EO-3 0 0 0 0 0 3 3 0 0 1
Total 0 0 0 0 0 13 9 1 0 7
Table 3: Reconciliation of executive numbers The number of executives in the report of operations is based on the number of executive positions that were occupied at the end of the financial year. Note 41(a) in the Financial Statements lists the actual number of and amount of remuneration paid to EOs during the reporting period. The Financial Statements note does not distinguish between executive levels, nor does it disclose separations, vacant positions, executives whose total remuneration is below $100 000, nor does it include the Accountable Officer. Separations are those executives who received more than $100 000 in the financial year and have left the organisation during this year. To assist readers, these two disclosures are reconciled below.
2016 2015
Executives with total remuneration over $100,000 (Financial Statement Note 30(a)) 15 N/A
Add
Vacancies (Table 2 7 N/A
Executives employed with total remuneration below $100,000 1 N/A
Accountable Officer (Secretary) 0 N/A
Less Separations/Leave without pay (LWOP) 2 N/A
Total executive numbers as at 30 June 21 N/A
For the 2015 year, no data has been included. In the 2014-15 Annual Report, this data was combined with executive officer numbers for the Department of Economic Development, Jobs, Transport and Resources, Level Crossing Removal Authority, Melbourne Metro Rail Authority and Regional Rail Link Authority. For the 2016 year, the executive officer numbers are reported separately for each agency.
268 DEDJTR Annual Report 2015-16 Melbourne Metro Rail Authority Table 1: Number of EOs classified into ‘ongoing’ and ‘special projects’
All Ongoing Special projects
Class No. Var. No. Var. No. Var.
Administrative Office Head 1 0 0 0 1 0
EO-1 1 1 0 0 1 1
EO-2 9 1 0 0 9 1
EO-3 4 2 0 0 4 2
Total 15 4 0 0 15 4
Table 2: Breakdown of EOs into gender for ‘ongoing’ and ‘special projects’
Ongoing Special projects Male Female Vacancies Male Female Vacancies Class No. Var. No. Var. No. No. Var. No. Var. No.
Administrative Office Head 0 0 0 0 0 1 0 0 0 0 EO-1 0 0 0 0 0 1 1 0 0 0 EO-2 0 0 0 0 0 5 2 1 -1 3 EO-3 0 0 0 0 0 3 1 1 1 0
Total 0 0 0 0 0 10 4 2 0 3
Table 3: Reconciliation of executive numbers The number of executives in the report of operations is based on the number of executive positions that were occupied at the end of the financial year. Note 41(a) in the Financial Statements lists the actual number of and amount of remuneration paid to EOs during the reporting period. The Financial Statements note does not distinguish between executive levels, nor does it disclose separations, vacant positions, executives whose total remuneration is below $100,000, nor does it include the Accountable Officer. Separations are those executives who received more than $100,000 in the financial year and have left the organisation during this year. To assist readers, these two disclosures are reconciled below.
2016 2015
Executives with total remuneration over $100,000 (Financial Statement Note 30(a)) 10 N/A
Add
Vacancies (Table 2) 3 N/A
Executives employed with total remuneration below $100,000 2 N/A
Accountable Officer (Secretary) 1 N/A
Less Separations/Leave without pay (LWOP) 1 N/A
Total executive numbers as at 30 June 15 N/A
For the 2015 year, no data has been included. In the 2014-15 Annual Report, this data was combined with executive officer numbers for the Department of Economic Development, Jobs, Transport and Resources, Level Crossing Removal Authority, Melbourne Metro Rail Authority and Regional Rail Link Authority. For the 2016 year, the executive officer numbers are reported separately for each agency.
DEDJTR Annual Report 2015-16 269 04 APPENDICES
Regional Rail Link Authority Table 1: Number of EOs classified into ‘ongoing’ and ‘special projects’
All Ongoing Special projects
Class No. Var. No. Var. No. Var.
EO-1 0 -1 0 0 0 -1
EO-2 0 -2 0 0 0 -2
EO-3 0 0 0 0 0 0
Total 0 -3 0 0 0 -3
Table 2: Breakdown of EOs into gender for ‘ongoing’ and ‘special projects’
Ongoing Special projects
Male Female Vacancies Male Female Vacancies
Class No. Var. No. Var. No. No. Var. No. Var. No.
EO-1 0 0 0 0 0 0 -1 0 0 0
EO-2 0 0 0 0 0 0 -2 0 0 0
EO-3 0 0 0 0 0 0 0 0 0 0
Total 0 0 0 0 0 0 -3 0 0 0
Table 3: Reconciliation of executive numbers The number of executives in the report of operations is based on the number of executive positions that were occupied at the end of the financial year. Note 41(a) in the Financial Statements lists the actual number of and amount of remuneration paid to EOs during the reporting period. The Financial Statements note does not distinguish between executive levels, nor does it disclose separations, vacant positions, executives whose total remuneration is below $100 000, nor does it include the Accountable Officer. Separations are those executives who received more than $100 000 in the financial year and have left the organisation during this year. To assist readers, these two disclosures are reconciled below.
2016 2015 Executives with total remuneration over $100,000 (Financial Statement Note 30(a)) N/A N/A Add Vacancies (Table 2) N/A N/A Executives employed with total remuneration below $100,000 N/A N/A Accountable Officer (Secretary) N/A N/A Less Separations/Leave without pay (LWOP) N/A N/A
Total executive numbers as at 30 June N/A N/A
For the 2015 year, no data has been included. In the 2014-15 Annual Report, this data was combined with executive officer numbers for the Department of Economic Development, Jobs, Transport and Resources, Level Crossing Removal Authority, Melbourne Metro Rail Authority and Regional Rail Link Authority. The Regional Rail Link Authority was abolished during 2015-16 and did not employ executive officers at 30 June 2016.
270 DEDJTR Annual Report 2015-16 Number of executives for the portfolio agencies 30 June 2016 Key: F - Female; M - Male; I - Intersex
June 2016 June 2015 Annual change
Organisation Name F M I Total F M I Total F M I Total
Dairy Food Safety Victoria 2 2 0 4 1 1 0 2 1 1 0 2
PrimeSafe 0 1 0 1 0 1 0 1 0 0 0 0
Port of Hastings Development Authority 0 3 0 3 0 3 0 3 0 0 0 0
Victorian Major Events Company Ltd 1 2 0 3 1 2 0 3 0 0 0 0
The Wheeler Centre (Books Writing and 0 1 0 1 0 1 0 1 0 0 0 0 Ideas)
Docklands Studios Melbourne 0 1 0 1 0 1 0 1 0 0 0 0
Geelong Performing Arts Centre Trust 1 0 0 1 1 0 0 1 0 0 0 0
Veterinary Practitioners Registration 1 0 0 1 1 0 0 1 0 0 0 0 Board
Energy Safe Victoria 2 6 0 8 3 6 0 9 -1 0 0 -1
Public Transport Development Authority 21 27 1 49 18 19 1 38 3 8 0 11
Victorian Regional Channels Authority 0 3 0 3 0 3 0 3 0 0 0 0
Melbourne Market Authority 2 3 0 5 0 3 0 3 2 0 0 2
Federation Square Pty Ltd 1 2 0 3 2 1 0 3 -1 1 0 0
VicForests 1 5 0 6 1 4 0 5 0 1 0 1
Victorian Arts Centre Trust 6 0 0 6 3 0 0 3 3 0 0 3
Emerald Tourist Railway Board 0 3 0 3 0 2 0 2 0 1 0 1
Melbourne and Olympic Parks Trust 3 8 0 11 3 8 0 11 0 0 0 0
Port of Melbourne Corporation 5 26 0 31 7 26 0 33 -2 0 0 -2
Melbourne Recital Centre 3 3 0 6 3 1 0 4 0 2 0 2
Melbourne Convention & Exhibition Trust 3 4 0 7 3 4 0 7 0 0 0 0
Victorian Rail Track Corporation 4 15 0 19 6 11 0 17 -2 4 0 2
Australian Grand Prix Corporation 1 3 0 4 1 3 0 4 0 0 0 0
V/Line Corporation 9 43 0 52 9 29 0 38 0 14 0 14
Agriculture Victoria Services Pty Ltd 0 1 0 1 0 2 0 2 0 -1 0 -1
Greater Sunraysia Pest Free Area Industry 0 0 0 0 0 1 0 1 0 -1 0 -1 Development Committee
Australian Centre for the Moving Image 2 2 0 4 1 2 0 3 1 0 0 1
Film Victoria 1 1 0 2 1 2 0 3 0 -1 0 -1
Museum Victoria 0 4 0 4 0 4 0 4 0 0 0 0
National Gallery of Victoria 1 2 0 3 1 2 0 3 0 0 0 0
State Library of Victoria 3 1 0 4 3 1 0 4 0 0 0 0
VicRoads 8 38 0 46 6 42 0 48 2 -4 0 -2
Total 81 210 1 292 75 185 1 261 6 25 0 31
Data provided by the Victorian Public Sector Commission All figures reflect employment levels during the last pay full period in June of each year unless otherwise stated. Excluded are those on leave without pay or absent on secondment, external contractors / consultants and temporary staff employed by employment agencies.
DEDJTR Annual Report 2015-16 271 04 APPENDICES
Appendix 5: Office-based environmental performance
DEDJTR exceeds statutory obligations under In accordance with the FRD 24C guidelines, Financial Reporting Direction 24C (FRD 24C) wherever an entity’s staff are co-located within to report on office-based activities by reporting a DEDJTR managed site, DEDJTR is responsible on a wide range of its facilities and operations. for reporting the environmental performance The DEDJTR accommodation portfolio includes of that site. both state and international sites comprising: DEDJTR aims to reduce environmental impacts • offices and associated financial costs through both staff • depots behaviour change campaigns and environmental infrastructure improvement programs. The • laboratories and research facilities. environmental representatives lead six staff behaviour change campaigns a year focussing on all key elements of environmental reporting.
Energy
2015-16 2014-15
Indicator
Total energy consumption (MJ) 142,412,250 (i) 133,092,952
Electricity (excluding green power) 99,391,975 80,582,966
Green power 0 (ii) 0 (ii)
Natural gas 43,020,275 52,507,985
Office energy consumption (MJ) 22,308,936 27,227,633
Greenhouse gas emissions from total energy consumption (tonnes CO2-e) 34,787 (i) 29,109
Percentage of electricity purchased as green power 0% (ii) 0% (ii)
Units of energy used per FTE (MJ/FTE) 11,718 16,673 (iii)
Units of energy used per unit of office area (MJ/m2) 400 (iv) 367
Number of FTEs 2,839 2,890
Office Tenancy m2 (for reported sites) (v) 55,818 (vi) 74,141
Number of reported sites 54 (vii) 42
Notes i. Only 16 per cent of energy consumed in 2015-16 is associated with offices. Fifty per cent of total energy consumed in 2015-16 was at the AgriBio research centre in Bundoora. Energy consumption and greenhouse gas emissions have increased due to increased levels of activity at this site. With the exclusion of this site, DEDJTR would show a six per cent reduction in total energy consumption over the two years. ii. Government departments are not required to purchase any green power. iii. DEDJTR now has accurate FTE figures by site, so the 2014-15 figure of 9422 MJ/FTE has been corrected. iv. Office consolidations are still underway and National Australian Built Environment Rating Systems (NABERS) criteria continues to be a factor in all new lease negotiations. This will ultimately result in a reduced carbon footprint and vacating less energy efficient office space. v. An average taken over the 12- month period. vi. Several government agencies now occupy space within DEDJTR CBD sites that are not in scope for inclusion in departmental annual reporting. vii. Following the formation of DEDJTR, data has become available on additional sites that weren’t previously reported.
272 DEDJTR Annual Report 2015-16 Actions and achievements Future objectives • DEDJTR was a City Switch 2015 state finalist for • By December 2016 DEDJTR will have replaced staff behaviour change programs and building inefficient incandescent and halogen lighting energy efficiency upgrades. City Switch is a with LED lighting at DEDJTR managed sites national initiative to reduce energy consumption in Victoria. DEDJTR will continue to undertake • In March 2016 DEDJTR participated in the global further LED lighting upgrades throughout Earth Hour event to promote and improve office existing and new tenancy spaces as funding energy efficiency permits • An environmental behaviour change campaign • By December 2016 DEDJTR will have took place at DEDJTR throughout July and implemented automatic energy saving modes August 2015 with the objective of reducing office on all desktop computers energy consumption. • DEDJTR will undertake detailed energy audits at the largest sites to help plan for ways to reduce future energy consumption as funding permits.
Water
2015-16 2014-15
Indicator
Total water consumption (kL) 101,609 (i) 114,718
Office water consumption (kL) 21,771 35,720
Units of metered water consumed in offices per FTE (kL/FTE) 11.9 21.3 (ii)
Units of metered water consumed in offices per unit of office area (kL/m2) 0.4 0.5
Number of FTEs 2,839 2,890
Office tenancy m2 (for reported sites) (iii) 51,428 (iv) 70,183
Number of reported sites 28 (iv) 35
Notes: i. Only 21 per cent of water consumed in 2015-16 is associated with office consumption, the remaining consumption was by research centres, laboratories and depots. 42 per cent of total water consumed in 2015-16 was by the AgriBio research centre in Bundoora. The main reduction in water consumption is linked to 121 Exhibition Street where agencies occupying floors are not in scope for inclusion in departmental annual reporting. ii. DEDJTR now has accurate FTE figures by site, so the 2014-15 figure of 12.4 kL/FTE has been corrected. iii. An average taken over the 12-month period. iv. DEDJTR does not always receive data from sites where water is paid for by the building owners; this is why there are fewer sites recorded for water consumption than energy consumption. DEDJTR also uses but does not measure or report water sourced from bores, local waterways and captured stormwater.
Actions and achievements Future objectives • An environmental behaviour change campaign • DEDJTR will continue to seek further ways to took place at DEDJTR throughout January and reduce its water consumption over the next February 2016 (in partnership with City West financial year. Water) with the objective of reducing office water consumption.
DEDJTR Annual Report 2015-16 273 04 APPENDICES
Paper
2015-16 2014-15
Indicator
Total units of copy paper purchased (reams) 43,239 (i) 42,740
Units of copy paper used per FTE (reams/FTE) 15.2 (i) 14.8
75-100% recycled content 95% (ii) 90%
50-74% recycled content 1% 1%
0-49% recycled content 4% 9%
Number of FTEs 2,839 2,890
Notes: i. DEDJTR paper purchasing is calculated using data from the government stationery supplier, Complete Office Supplies. There has been a marginal increase in paper purchasing this financial year ii. Restrictions are now in place to prevent any white paper being purchased with less than 80 per cent recycled content. All coloured paper available for purchasing continues to have no recycled content.
Actions and achievements Future objectives • An environmental behaviour change campaign • DEDJTR continues to promote electronic took place at DEDJTR throughout May and records management in preference to hard June 2016 with the objective of reducing paper copy documentation purchased and the volume of printing. • DEDJTR will continue to seek further ways to reduce its paper consumption over the next financial year.
274 DEDJTR Annual Report 2015-16 Waste and recycling
2015-16 2014-15
Indicator
Total units of waste disposed of by destination (kg) 259,549 (i) 133,873
Landfill (kg) 71,834 28,402
Comingled recycling (kg) 27,742 4,526
Paper and card (kg) 59,057 39,447
Secure documents (kg) 78,421 48,942
Organics (kg) 22,495 11,555
Total units of waste disposed of per FTE by destination (kg/FTE) 91.4 (i) 46.0
Landfill (kg/FTE) 25.3 9.8
Comingled recycling (kg/FTE) 9.8 1.6
Paper and card (kg/FTE) 20.8 13.7
Secure documents (kg/FTE) 27.6 16.9
Organics (kg/FTE) 7.9 4.0
Recycling rate (%) 72% 79%
Greenhouse gas emissions associated with waste (tonnes CO2-e) 79 (i) 31
Number of FTEs 2,839 2,890
Number of sites audited 6 (ii) 1 (i)
Notes: i. The 2015-16 data shows an improved data collection methodology and will form the baseline for future reporting years. The comparison for 1 Spring Street over both reporting years shows a marginal increase only as a result of changing tenancies throughout the building ii. The 2015 waste audits were exclusive to 1 Spring Street where 30 per cent of DEDJTR staff were located. The 2016 waste audits were undertaken at an additional five sites to further improve data accuracy. This sample of data was then extrapolated across the whole department to estimate the overall results.
Actions and achievements Future objectives • A Stationery Freecycle collection point operates • Office furniture and fit-out materials will continue at 1 Spring Street (and at other sites during to be reused, reducing waste generated by office offices moves) to encourage recycling, minimise fit-out projects waste and reduce the amount of stationery • DEDJTR will continue to seek further ways to ordered. Items that are not reused are donated to reduce its waste over the next financial year. Green Collect or the DEDJTR Kids Club program – supporting childcare centres and schools throughout Victoria. • In 2015-16, 5393 kilograms of material was donated to Green Collect and 1345 kilograms of used toner cartridges were given to Close the Loop. DEDJTR does not record the weight of items kept by Stationery Freecycle or items donated to the DEDJTR Kids Club program • An environmental behaviour change campaign took place at DEDJTR throughout March and April 2016 to help improve waste awareness and promote recycling.
DEDJTR Annual Report 2015-16 275 04 APPENDICES
Travel and transport
2015-16 2014-15
Indicator
Total energy consumption by fleet vehicles (MJ) 42,918,912 (i) 34,345,997
Diesel 25,263,937 17,328,152
LPG 3,813,097 3,955,237
Unleaded 8,524,532 10,102,961
Hybrid 5,317,346 2,959,647
Total distance travelled by fleet vehicles (km) 10,898,889 (i) 10,374,566
Diesel 5,659,410 4,481,848
LPG 1,040,338 1,165,963
Unleaded 2,466,313 3,444,408
Hybrid 1,732,828 1,282,347
Greenhouse gas emissions from fleet vehicles (tonnes CO2-e) 2,954 (i) 2,356
Diesel 1,758 1,206
LPG 232 240
Unleaded 593 703
Hybrid 370 206
Greenhouse gas emissions from fleet vehicles per 1,000km (tonnes CO2-e) 0.27 0.23
Total distance travelled by aeroplane (km) 5,973,579 (ii) 7,002,274
Greenhouse gas emissions from air travel (tonnes CO2-e) 1,552 1,820
Employees regularly using sustainable transport to get to work (iii) CBD Metro Regional CBD Metro Regional
90% 42% 20% 89% N/A N/A
Notes: i. DEDJTR now has an improved system in place for making sure staff complete vehicle log sheets. This has resulted in improved data accuracy over the last 12 months. The type of vehicle fleet has also changed with increasing numbers of larger vehicles using diesel resulting in an increase in greenhouse gas emissions. This data covers staff pool fleet vehicles and government pool vehicles only (managed by the Shared Services Provider, Department of Treasury and Finance). Data was obtained from fuel purchase records, lease data for vehicles and VicFleet. Accuracy is dependent on staff completing vehicle log sheets. ii. DEDJTR staff air travel and associated greenhouse gas emissions are calculated using data from the government travel agent, FCM Travel Solutions. iii. Staff travel surveys are conducted every October.
Actions and achievements • An environmental behaviour change campaign took place at DEDJTR throughout September and • DEDJTR minimises travel by using telephone and October 2015 to help promote sustainable and video conferencing facilities whenever possible smarter travel options to staff. • Staff are encouraged to utilise public transport options wherever possible Future objectives • The Bicycle User Group continues to be widely promoted to help increase the profile of cycling • DEDJTR will continue to seek further ways to across DEDJTR reduce its travel over the next financial year.
276 DEDJTR Annual Report 2015-16 Sustainable procurement
Actions and achievements • through the Whole-of-Victorian-Government contract with Complete Office Supplies • DEDJTR continues to consider the environment when procuring stationery, IT equipment, fleet • An environmental behaviour change campaign vehicles and office furniture took place at DEDJTR throughout November and December 2015 to help promote greener • The default A4 white printer paper continues to procurement options to staff. have 80 per cent recycled content • DEDJTR continues to promote its Stationery Freecycle scheme to staff resulting in reductions Future objectives in the amount of stationery ordered. The purchase • DEDJTR will continue to help drive environmental of stationery products containing recycled awareness and further reduce its environmental materials is also promoted impacts by purchasing products derived from items associated with its many recycling program
Greenhouse gas emissions
2015-16 2014-15
Indicator
Total Greenhouse gas emissions (tonnes CO2-e) 39,372 (i) 33,316
Energy (tonnes CO2-e) 34,787 (i) 29,109
Fleet vehicles (tonnes CO2-e) 2,954 (ii) 2,356
Air travel (tonnes CO2-e) 1,552 1,820
Office waste (tonnes CO2-e) 79 (iii) 31
Notes: i. The main increase in greenhouse gas emissions for DEDJTR is linked to increased activity at the AgriBio research centre in Bundoora. ii. There has been an increase in fleet vehicle travel over the last 12 months. The type of vehicle fleet has also changed with increasing numbers of larger vehicles using diesel resulting in an increase in greenhouse gas emissions. iii. The 2015-16 data shows an improved methodology of data collection and will form the baseline for future reporting years. The comparison for 1 Spring Street over both reporting years shows a marginal increase only as a result of changing tenancies throughout the building.
Future objectives Future environmental initiatives • DEDJTR will continue to seek further ways • The department will continue to explore ways to reduce its greenhouse gas emissions over to reduce its environmental impacts, through the next financial year. both staff behaviour change campaigns and environmental infrastructure improvement programs. This process will consider the impacts across all sites to incorporate regional, interstate and international offices. • DEDJTR continues to use an environmental data tracking system in partnership with DELWP to improve both the quality of data and reporting.
DEDJTR Annual Report 2015-16 277 04 APPENDICES
Appendix 6: Appendix 7: Implementation of Government advertising the Victorian Industry expenditure Participation Policy DEDJTR advertising expenditure with a media spend of $100,000 or greater The Victorian Industry Participation Policy Act 2003 requires departments and public sector bodies Creative and to report on the implementation of the Victorian Advertising campaign Research and Print and Industry Participation Policy (VIPP). (media) development evaluation collateral Other campaign expenditure expenditure expenditure expenditure expenditure Departments and public sector bodies are required Name of Campaign Campaign summary Start/End date 2015-16 2015-16 2015-16 2015-16 2015-16 to apply VIPP in all procurement activities valued at All excluding GST $3 million or more in metropolitan Melbourne and for statewide projects, or $1 million or more Powerline Bushfire Your Guide to Power Outages is Jan to $100,000 $2,000 $8,000 $8,000 for procurement activities in regional Victoria. Safety Program a public information campaign Feb 2016 to inform Victorians to be Contracts commenced in 2015-16, to which prepared for the possibility the VIPP applied of power outages in extreme weather conditions. During 2015-16, the department commenced 19 VIPP applicable procurements totalling Small Business Promote Small Business 1 Jul to $221,687 $38,568 $127,900 $374,623 $669,071 approximately $663 million. Preparation of a VIPP Festival Victoria Festival Victoria to support 31 Aug 2015 plan was not required for 12 procurements, as the small business across Victoria. procurement activities were local by nature, with an estimated average of 98 per cent local content. Victorian Energy Promote the launch of the new Oct 2015 to $399,024 $93,988 $22,500 $13,505 $138,992 Compare Victorian Energy Compare Mar 2016 Contracts completed in 2015-16 to which energy price comparison the VIPP applied website.
During 2015-16 the department completed five VIPP Level Crossing Provide advance notice 1 Jul 2015 to $1,210,646 $383,242 $30,809 $40,472 applicable projects valued at approximately $58.7 Removal Authority to communities, including 30 Jun 2016 million. The projects concluded in late 2015-16 and (LXRA) residents, traders, road outcomes from the implementation of the VIPP are and rail users, of disruptions currently being quantified. The commitments set associated with level crossing for the project were: removal works. The campaign aims to motivate • 86 per cent local content the public to seek information • the creation of six new jobs and retention and make alternative plans. of 12 existing jobs AEE* • the creation of one new apprenticeship/ traineeship and retention of three existing apprenticeships/ traineeships.
During 2015-16, a total of 19 Interaction Reference Numbers were required for design contracts or grants provided in the reporting period, which entailed 19 conversations with the Industry Capability Network (Victoria) Ltd.
*AEE - Annualised employee equivalent is calculated by dividing the total number of ordinary working hours that an employee worked and was paid over the reporting period by the total number of work hours per annum.
278 DEDJTR Annual Report 2015-16 Appendix 7: Government advertising expenditure
DEDJTR advertising expenditure with a media spend of $100,000 or greater
Creative and Advertising campaign Research and Print and (media) development evaluation collateral Other campaign expenditure expenditure expenditure expenditure expenditure Name of Campaign Campaign summary Start/End date 2015-16 2015-16 2015-16 2015-16 2015-16
All excluding GST
Powerline Bushfire Your Guide to Power Outages is Jan to $100,000 $2,000 $8,000 $8,000 Safety Program a public information campaign Feb 2016 to inform Victorians to be prepared for the possibility of power outages in extreme weather conditions.
Small Business Promote Small Business 1 Jul to $221,687 $38,568 $127,900 $374,623 $669,071 Festival Victoria Festival Victoria to support 31 Aug 2015 small business across Victoria.
Victorian Energy Promote the launch of the new Oct 2015 to $399,024 $93,988 $22,500 $13,505 $138,992 Compare Victorian Energy Compare Mar 2016 energy price comparison website.
Level Crossing Provide advance notice 1 Jul 2015 to $1,210,646 $383,242 $30,809 $40,472 Removal Authority to communities, including 30 Jun 2016 (LXRA) residents, traders, road and rail users, of disruptions associated with level crossing removal works.
The campaign aims to motivate the public to seek information and make alternative plans.
DEDJTR Annual Report 2015-16 279 04 APPENDICES
Appendix 8: Consultancy expenditure
The department defines a consultant as a particular type of contractor engaged primarily to perform a discrete task that facilitates decision making through the provision of expert analysis and advice; and/or the development of a written report or other intellectual output.
Details of individual consultancies where the total fees payable to the consultants were $10,000 or greater, and a summary of consultancies under $10,000, can be found on the department’s website.
Appendix 9: Disclosure of major contracts
The department has disclosed, in accordance with the requirements of government policy and accompanying guidelines, all contracts greater than $10 million in value which it entered into during the year ended 30 June 2016. Details of contracts that have been disclosed in the Victorian Government contracts publishing system can be viewed at: tenders.vic.gov.au
Contractual details have not been disclosed for those contracts for which disclosure is exempted under the Freedom of Information Act 1982 and/or government guidelines.
280 DEDJTR Annual Report 2015-16 Appendix 10: Information and Communication Technology expenditure
For the 2015-16 reporting period, the department had a total ICT expenditure of $ 110.13 million with the details shown below.
BAU ICT Non-BAU ICT expenditure expenditure
Operational Capital expenditure expenditure ($ million) ($ million)
Total Total = A+ B A B
DEDJTR 102.648 5.544 0 5.544
Office of the Coordinator-General 1.512 0.401 0.265 0.136
Major Projects Victoria 0.025 0 0 0
Total 104.185 5.945 0.265 5.68
ICT expenditure refers to the department’s costs Non-BAU ICT expenditure relates to extending or in providing business-enabling ICT services. enhancing the department’s current ICT capabilities. It comprises Business As Usual (BAU) ICT BAU ICT expenditure is all remaining ICT expenditure expenditure and Non-Business As Usual (Non-BAU) which primarily relates to ongoing activities to ICT expenditure. operate and maintain the current ICT capability.
DEDJTR Annual Report 2015-16 281 04 APPENDICES
Appendix 11: Appendix 12: Freedom of Information Feed-in tariffs Victoria’s Freedom of Information Act 1982 (FOI Act) Quarterly reporting information gives members of the public the right to apply for as provided by relevant access to documents held by ministers, Victorian Victorian retailers Government departments, local councils, public hospitals, statutory authorities and most semi- The Electricity Industry Act 2000 requires Victorian government agencies. These FOI statistics for 2015-16 electricity retailers with more than 5000 customers include the Level Crossing Removal Authority and (relevant retailers) to provide a quarterly report on Melbourne Metro Rail Authority. the general feed-in tariff scheme as a condition of its licence to sell electricity. Total FOI requests 285 Relevant retailers must report on: FOI requests from Members 162 of Parliament • the number of small renewable energy generation FOI requests from media 46 facilities from which electricity was generated and sold to the licensee in the three months prior to FOI requests (other) 77 the reporting day • the total amount of electricity generated by Total FOI Commissioner reviews 13 means of small renewable energy generation facilities and purchased by the licensee in the Total VCAT appeals 1 three months prior to the reporting day.
Lodging FOI requests General feed-in tariff scheme includes the standard feed-in tariff scheme and the generally available A request must be made in writing and feed-in tariff scheme. accompanied by the application fee. Requests should be addressed to the Aggregate energy exports have been converted relevant officer in each organisation. to kWh (where reported in MWh) and all ‘installed capacity’ and ‘aggregate energy export’ data has Department of Economic Development, been rounded up to the nearest whole number. Jobs, Transport and Resources: Note: Freedom of Information Manager Department of Economic Development, • Standard feed-in-tariff scheme – this scheme Jobs, Transport and Resources closed to new applicants on 31 December 2012 GPO 4509 Melbourne VIC 3001 and ends on 31 December 2016 Telephone (03) 8392 6244. • Generally available feed-in tariff scheme – Email [email protected] this scheme has been in place for new customers since 1 January 2013. Melbourne Metro Rail Authority: Freedom of Information Officer Melbourne Metro Rail Authority
GPO Box 2797 Melbourne VIC 3001 Email [email protected]
Level Crossing Removal Authority: Freedom of Information Officer Level Crossing Removal Authority
GPO Box 4509 Melbourne VIC 3001 Email: [email protected]
Requests can also be lodged online at foi.vic.gov.au
282 DEDJTR Annual Report 2015-16 30 June 2016 report Number of systems where exports Total amount generated and generated and sold to retailer for purchased from these systems for Retailer previous three month period previous three month period (kWh)
AGL 1,473 666,757
Click Energy 1,461 763,910
Dodo Power and Gas 2,647 1,874684
Energy Australia 17,879 1,894,661
Lumo Energy 9,304 5,595,980
Momentum 7,567 3,065,449
Origin Energy 3,458 1,029,887
Powerdirect 1,699 1,569,037
Red Energy 3,854 7,078,724
Simply Energy 9,211 5,811,381
Alinta Energy 4,228 1,863,072
People Energy 193 97,178
Powershop 3,890 1,423,730
Sumo Energy 688 355,355
31 March 2016 report Number of systems where exports Total amount generated and generated and sold to retailer for purchased from these systems for Retailer previous three month period previous three month period (kWh)
AGL 1711 1,245,046
Click Energy 1,266 1,171,354
Dodo Power and Gas 2,143 2,195,565
Energy Australia 20,415 3,032,863
Lumo Energy 8,879 8,658,220
Momentum 7,275 7,201,091
Origin Energy 3,596 1,969,322
Powerdirect 1,853 2,498,326
Red Energy 3,659 9,369,853
Simply Energy 16,326 15,826,394
Alinta Energy 3,699 2,874,227
People Energy 184 166,870
Powershop 3,470 2,669,998
Sumo Energy 571 382,869
DEDJTR Annual Report 2015-16 283 04 APPENDICES
31 December 2015 report Number of systems where exports Total amount generated and generated and sold to retailer for purchased from these systems for Retailer previous three month period previous three month period (kWh)
AGL 1,808 990,016
Click Energy 1,165 1,112,606
Dodo Power and Gas 2,102 1,523,114
Energy Australia 17,130 2,669,175
Lumo Energy 8,659 7,847,420
Momentum 6,946 4,992,556
Origin Energy 3,638 2,093,530
Powerdirect 1,703 1,759,362
Red Energy 3,540 7,174,035
Simply Energy 12,737 10,506,049
Alinta Energy 3,391 2,427,012
People Energy 183 147,470
Powershop 3,044 2,764,561
Sumo Energy 225 150,565
30 September 2015 report Number of systems where exports Total amount generated and generated and sold to retailer for purchased from these systems for Retailer previous three month period previous three month period (kWh)
AGL 2,086 517,615
Click Energy 1,130 429,889
Dodo Power and Gas 1,770 64,3769
Energy Australia 16,312 1,172,215
Lumo Energy 8,212 3,014,940
Momentum 6,496 1,726,215
Origin Energy 3,765 1,317,598
Powerdirect 1,522 1,117,133
Red Energy 3,427 3,539,828
Simply Energy 14,775 9,834,909
Alinta Energy 3,715 1,382,382
People Energy 156 57,844
Powershop 2,571 1,061,212
Sumo Energy 21 4,310
284 DEDJTR Annual Report 2015-16 Annual reporting information provided by Victorian distribution businesses The Electricity Industry Act 2000 requires Victorian Note: electricity distribution businesses to provide an annual report on the premium feed-in tariff (PFiT) • For 2014-15 PFiT scheme reporting requirements scheme and the transitional feed-in tariff (TFiT) have changed from biannually to annually scheme as a condition of its licence to distribute and TFiT scheme reporting requirements have electricity. changed from monthly reporting to annually. The reporting day is 31 December of each year Distribution businesses must report on: • Aggregate energy exports have been converted • the number of qualifying solar energy generating to kWh (where reported in MWh) and all installed facilities connected, on the reporting day, to a capacity and aggregate energy export data has distribution system operated by that licensee been rounded up to the nearest whole number. • the aggregate installed or name-plate generating capacity of qualifying solar energy generating facilities connected, on the reporting day, to a distribution system operated by that licensee • the total amount of qualifying solar energy generation electricity conveyed, in the 12 months prior to the reporting day, along a distribution system operated by that licensee.
PFiT reporting as at 31 December 2015 AusNet Services Jemena Powercor CitiPower United Energy
Number of PFiT customers 30,008 7,790 29,638 3,522 17,939
Installed capacity (kW) 60,902 12,565 60,962 6,111 31,084
Aggregate energy exports (kWh) 41,745,635 9,537,177 44,786,000 3,998,000 20,579,249
PFiT reporting as at 31 December 2015 AusNet Services Jemena Powercor CitiPower United Energy
Number of PFiT customers 19,838 5447 21,632 1,406 10,600
Installed Capacity (kW) 55,136 14,045 64,990 4,129 27,871
Aggregate energy exports (kWh) 43,500,989 10,730,004 50,580,000 2,414,000 18,010,239
DEDJTR Annual Report 2015-16 285 04 APPENDICES
• reducing costs to consumers with remote meter Appendix 13: reading, reconnection and disconnection capabilities Advanced Metering • providing timely, direct and complete information enabling distributors to safely manage the Infrastructure (AMI) increasing volumes of distributed generation, particularly solar PV The Energy Policy and Programs objective is to deliver policy frameworks and delivering programs that • empowering customers to better manage their ensure consumers benefit from competitive, efficient, costs, energy consumption and environmental reliable and safe energy services. impact by providing relevant data to them via retailer and distributor web portals as well as AMI helps to deliver a competitive, efficient, reliable in-home-displays and safe energy sector for Victoria. In addition, • the Victorian Energy Compare (VEC) online price AMI seeks to achieve a sustainable and growing comparison platform which utilises smart meter renewable energy sector through efficient and data and technology to provide recommendations effective regulation and responsible development that to Victorians about which energy offers are best will make a significant long-term contribution to the for their usage habits. VEC (or its predecessor) has economy. been used by over 450,000 people, and 70 per cent Highlights of the program rollout include: of users can save at least $220 in electricity costs and $150 in gas costs, per year, by switching to the • completing the widespread installation of most competitive offer. If all users switched to the smart meters to approximately 99 per cent cheapest electricity offer available, it is estimated of eligible customers representing more than they could save more than $430 million in total in 2.8 million residences and small businesses, the first year alone1 enabling innovation in tariffs, enhanced demand • helping to achieve one of the most reliable and low management and energy efficiency cost electricity networks in Australia. • uncovering more than 40,000 faulty meter boards and almost 23,000 cases of faulty wiring, the repair of which has greatly reduced the potential for harm, property damage and house fires
Results Unit of Previous result Result Indicator measure 2014-15 2015-16
Value of accrued benefits achieved from the first (rollout) Accrued $825 million $980 million stage of the Advanced Metering Infrastructure program2 benefits (Program to (Program to achieved (in Dec 2014) Dec 2015) 2015 dollars)
1 450,000 people have used the government’s online price comparison service since 17 September 2013. Analysis of savings shows that 70 per cent of these users could save at least $220, so the potential statewide savings were derived thus: 2,800,000 installed smart meters x 70 per cent x $220 = $431.2 million. 2 Valuation is limited to benefits attributed to smart meters based on the 2011 Deloitte Cost Benefit Analysis, reported by distributors only and excludes the (commercially confidential) benefits accrued by retailers.
286 DEDJTR Annual Report 2015-16 From 1 July 2015, the government has effected Appendix 14: changes to the operation of the Better Roads Better Roads Victoria Victoria Trust with an aim to improve transparency and establish a clear linkage between the Better Trust Account Roads Victoria Trust and the projects and activities it funds. This includes the $2 billion commitment over The Victorian Government’s Better Roads Victoria eight years for the repair and upgrade for roads in Trust was established in 1993 under the Business outer suburban and interface communities and the Franchise (Protection Products) Act 1979. repair and upgrade of roads and level crossings in rural and regional communities.
Cash balance of the trust 2015-16 Actual $million
Opening cash balance 925.0
Receipts into the trust
Traffic camera and on-the-spot speeding fines revenue 398.7
Payments from the trust
Total payments from the trust 301.5
Closing cash balance 1,022.3
Revenue and expenditure detail 2015-16 Actual $million
Opening balance 925.0
Revenue source
Traffic camera and on-the-spot speeding fines revenue 398.7
Total funding available 1,323.7
EXPENDITURE ITEMS1
Expenditure towards $2 billion commitment
Outer suburban expenditure 21.3
Rural and regional expenditure 68.7
Total expenditure on projects included in the $2 billion commitment 90.0
Expenditure on other projects not included in the $2 billion commitment
Election commitments 16.6
Freeways 2.1
Other approved projects 157.6
Total expenditure on other projects 176.2
Total expenditure funded from trust 266.2
Movement in accounts payable (35.2)
Closing balance 1,022.3
1. Based on accrual accounting principles.
DEDJTR Annual Report 2015-16 287 04 APPENDICES
Appendix 15: National Competition Policy In 1995, the Commonwealth and state and territory Compliance governments agreed to implement the National and attestations Competition Policy reform package. Under the National Competition Policy, the guiding Compliance with the legislative principle is that legislation, including future legislative proposals, should not restrict Building Act 1993 competition unless it can be demonstrated that: DEDJTR complied with its obligations under the Building Act 1993, the Building Regulations 2006 • the benefits of the restriction to the community as and other Victorian legislation referenced by the a whole outweigh the costs Building Commission. Either an Occupancy Permit • the objectives of the legislation can only be or a Certificate of Final Inspection was obtained for achieved by restricting competition. new facilities or for upgrades to existing facilities endorsed by a municipal building surveyor or a Competitive neutrality requires government registered building surveyor practitioner. businesses to ensure that where services compete, or potentially compete with the private sector, any Major works projects (more than $50,000) advantage arising solely from their government commenced or completed in 2015-16 include: ownership is removed if not in the public interest.
• the redevelopment of the department’s Government businesses are required to cost and Attwood offices price these services as if they were privately owned • electrical upgrades at the department’s Mildura, and therefore be fully cost reflective. Horsham and Hamilton sites Competitive neutrality policy provides government • an extension to the Earth Resources Core Library businesses with a tool to enhance decisions on • Epping Markets office refurbishment resource allocation. However, this policy does not override other policy objectives of government and • Bendigo Pig Laboratories safety upgrade focuses on efficiency in the provision of services. • the construction of two Snobs Creek plankton ponds. The department continues to apply the competition assessment guidelines in the Victorian Guide to Regulation to all new legislative proposals. Maintenance of buildings in a safe and serviceable condition The department continued to comply with the requirements of the National Competition Policy, The department directly manages 63 facilities across including as set out below. the state, with the majority of the department’s leased office portfolio being managed by the Department of Treasury and Finance’s shared service provider. Energy The department-owned portfolio includes offices, The department introduced changes to legislation combined office/depot sites, depots, farms and aimed at increasing competition and improving research facilities. consumer choice in the energy sector including but not limited to: The department maintains these facilities in a safe and serviceable condition and provides annual • improving the information available to consumers essential safety measures reports for the buildings. about energy retail offers, by requiring gas Each location has nominated health and safety and feed-in tariff offers to be submitted to the representatives, along with first aid officers. DEDJTR Victorian Government’s energy price comparator undertakes detailed condition reports of each tool, Victorian Energy Compare1 property biannually to ensure buildings are well • a prohibition on energy retail contract exit fees maintained and that any safety issues are identified (removing a barrier to consumers changing and addressed. energy retailers) and requiring energy retailers to publish default retail energy prices on prescribed days (preventing potential anti-competitive conduct on the part of energy retailers)2
1. Energy Legislation Amendment (Publication of Retail Offers) Act 2016, which commenced on 1 October 2015. 2. Energy Legislation Amendment (Consumer Protection) Act 2015, which commenced operation on 1 January 2016.
288 DEDJTR Annual Report 2015-16 Transport Compliance with the Mineral In the transport sector, the department contributed Resources (Sustainable to the improved industry competition in the rail, marine and heavy vehicles sectors by monitoring Development) Act 1990 improved harmony in the relevant national transport Pursuant to section 105 of the Mineral Resources regulation schemes. The department supported (Sustainable Development) Act 1990, the Mining reforms implemented under the national maritime Warden is required to submit a report to the scheme enabling private vessel surveyors to provide minister within three months after the end of survey services to domestic commercial vessel the financial year. owners, in competition with surveyors employed by This report must include the following: state and territory marine safety agencies. From 2 January 2015, private surveyors have been able to 1. Nature and status of any dispute referred to the compete with Victoria’s local marine safety regulator, Mining Warden under section 97: seven new cases Transport Safety Victoria. were referred and investigated.
2. Nature and status of any matter referred Compliance with under section 98: one matter was referred DataVic Access Policy and investigated. In August 2012, the Victorian Government released 3. Other activities commenced, conducted and the DataVic Access Policy, which enables the sharing completed under this Act: five cases from of government data at no, or minimal, cost to users. previous years also required attention. Under the policy, data is progressively published in a new-technology format on the Victorian Government A further 21 general enquiries or issues were Data Directory (data.vic.gov.au) to minimise access administered by the office. costs and to maximise use and reuse.
DEDJTR data was mainly categorised by spatial, Attestation for compliance with planning, and geological and geophysical categories Ministerial Direction and in 2015-16, the total number of datasets contributed to the directory was approximately 240. “I, Richard Bolt, certify that the Department of Economic Development, Jobs, Transport and Consistent with the DataVic Access Policy, the Resources has partially complied with the Ministerial financial statements, performance statements and Standing Directions 4.5.5 – Risk Management tables included in this annual report will be available Framework and Processes. at data.vic.gov.au The department will be working to build on the significant work undertaken to date to consolidate Compliance with the the operations of all legacy departments under Fisheries Act 1995 one risk management framework and policy; and to progressively strengthen its risk management Under section 101 of the Fisheries Act 1995, DEDJTR processes to contribute to the identification and is required to report on the number of personal management of both inter-agency, state significant searches conducted each year, including the type risks across government and the department’s and number of priority species found during the insurable risk profile. course of those searches. The Department of Economic Development, Jobs, During 2015-16, two personal searches uncovered Transport and Resources Audit and Risk Committee 14 abalone of which 12 were undersize. believes this to be a reasonable statement at this time.”
Secretary Department of Economic Development, Jobs, Transport and Resources 26 August 2016
DEDJTR Annual Report 2015-16 289 04 APPENDICES
Compliance with the Reporting procedures Protected Disclosure Act 2012 Disclosures of improper conduct or detrimental action by the department or any of its employees The Protected Disclosure Act 2012 was formerly or officers may be made to any of the following known as the Whistleblowers’ Protection Act 2001, department personnel: and encourages and assists people in making disclosures of improper conduct by public officers • the protected disclosure coordinator and public bodies. The Act provides protection to • the secretary of the department people who make disclosures in accordance with the Act and establishes a system for the matters • a manager or supervisor of a person from the disclosed to be investigated and rectifying action department who chooses to make a disclosure to be taken. • a manager or supervisor of a person from the department about whom a disclosure has The department does not tolerate improper conduct been made. by employees, nor the taking of reprisals against those who come forward to disclose such conduct. Alternatively, disclosures of improper conduct or detrimental action by the department or any of its It is committed to ensuring transparency and employees or officers may also be made directly accountability in its administrative and management to the Independent Broad-based Anti-corruption practices and supports the making of disclosures Commission (IBAC): that reveal corrupt conduct, conduct involving a substantial mismanagement of public resources or Level 1, North Tower, 459 Collins Street conduct involving a substantial risk to public health Melbourne Victoria 3000 and safety or the environment. Telephone: 1300 735 135 ibac.vic.gov.au The department will take all reasonable steps to protect people who make such disclosures from Any disclosures about portfolio entities must any detrimental action in reprisal for making the be made directly to IBAC. disclosure. It will also afford natural justice to the person who is the subject of the disclosure to the extent it is legally possible.
Further information The Protected Disclosure Policy and Procedures, which outlines the system for reporting disclosures of improper conduct or detrimental action by the department or any of its employees or officers, are available on the DEDJTR website at economicdevelopment.vic.gov.au
The IBAC website contains further information about protected disclosure policies and procedures
Disclosures under the Protected Disclosures Act 2012 Indicator Total 2015-16 Total 2014-15
Assessable disclosures 3 0
290 DEDJTR Annual Report 2015-16 Appendix 16: Grants and related assistance
As in previous years, the department has provided assistance to companies and organisations. The department’s investment attraction and industry support activities include facilitative and financial assistance. In 2015-16, financial assistance of $72.3 million was granted to the companies listed below. Details of individual grant payments have not been disclosed, as they are deemed commercial-in-confidence.
ALLIED MILLS AUSTRALIA PTY LTD SKY SOFTWARE PTY LTD
ASP AUSTRALIA EVENTS PTY LTD SPC ARDMONA LIMITED
ASSOCIATED KILN DRIERS PTY LTD SQUARE AU PTY LTD
ASURION AUSTRALIA PTY LTD THALES AUSTRALIA LIMITED
AUSTRALIAN LAMB (COLAC) PTY LTD THE HERALD AND WEEKLY TIMES PTY LIMITED AUSTRALIAN MEAT GROUP PTY LTD THE ROYAL GEELONG YACHT CLUB INC AUSTRALIAN RUGBY LEAGUE COMMISSION LIMITED TIGER AIRWAYS AUSTRALIA PTY LIMITED
BA LIMITED TPI ENTERPRISES LTD
CHOCOLATE DESTINATIONS TWENTIETH SUPER PACE SURF COAST PTY LTD NOMINEES PTY LTD
CSL BEHRING (AUSTRALIA) PTY LTD VICTORIAN MAJOR EVENTS COMPANY LIMITED DEAKIN UNIVERSITY YACHTING VICTORIA INC ELECTRICAL DESIGN & CONSTRUCTION PTY LTD AEROSPACE AUSTRALIA LIMITED
FILM VICTORIA DULUXGROUP (AUSTRALIA) PTY LTD
FORD MOTOR COMPANY LINPAC PACKAGING AUSTRALIA PTY LTD OF AUSTRALIA LIMITED LUV-A-DUCK PTY LTD HARDWICKS MEAT WORKS PTY LTD TEG LIVE PTY LIMITED HAY AUSTRALIA PTY LTD OVOLO GROUP PTY LTD HICKORY BUILDING SYSTEMS PTY LTD MAXITRANS AUSTRALIA PTY LTD IBM AUSTRALIA LTD NETBALL AUSTRALIA LIMITED INENCO GROUP PTY LTD ORORA LIMITED INTERNATIONAL MANAGEMENT AUSTRALIAN RUGBY UNION LIMITED GROUP OF AMERICA PTY LTD
IVECO TRUCKS AUSTRALIA LTD PROBIOTEC LIMITED
JETSTAR AIRWAYS PTY LTD FREWSTAL PTY LTD
KAITEKI FRESH AUSTRALIA PTY LTD RUBICON SYSTEMS AUSTRALIA PTY LTD
LANGTECH INTERNATIONAL PTY LTD Total $72,280,254
MEREDITH DAIRY PTY LTD
MONDELEZ AUSTRALIA PTY LTD
NINE TOURING AND EVENTS PTY LTD
NU-EDGE SOLUTIONS AUSTRALIA PTY LTD
PI SBK PTY LTD
SELEX ES AUSTRALIA PTY LTD
SILVERSTRIPE AUSTRALIA PTY LTD
DEDJTR Annual Report 2015-16 291 04 APPENDICES
2014 BUSHFIRES ECONOMIC ST. ARNAUD AGRICULTURAL SOCIETY 9,426 RECOVERY FUND SWAN HILL & DISTRICT AGRICULTURAL 3,755 DESTINATION GIPPSLAND LTD 25,000 & PASTORAL SOCIETY
EAST GIPPSLAND SHIRE COUNCIL 5,000 WHITTLESEA AGRICULTURAL SOCIETY 5,743
GRAMPIANS TOURISM BOARD INC 18,500 WIMMERA MACHINERY FIELD DAYS 10,206
HORSHAM RURAL CITY COUNCIL 40,100 YARRAWONGA & BORDER AGRICULTURAL & 10,000 PASTORAL ASSOCIATION LATROBE CITY COUNCIL 399,000 Total 181,851 NORTHERN GRAMPIANS SHIRE COUNCIL 12,500
Total 500,100 AIDS TO NAVIGATION
BARWON COAST COMMITTEE 7,000 AGRICULTURAL AND PASTORAL OF MANAGEMENT SOCIETY GRANTS CENTRAL GOLDFIELDS SHIRE COUNCIL 3,500 BARHAM/KOONDROOK 457 P A & H SOCIETY INC COLAC OTWAY SHIRE COUNCIL 15,500
BENDIGO AGRICULTURAL 10,000 CRUISING YACHT ASSOCIATION 17,500 SHOW SOCIETY OF VICTORIA INC.
CHARLTON AGRICULTURAL 897 DEPARTMENT OF ENVIRONMENT 155,500 & PASTORAL SOCIETY LAND WATER AND PLANNING
CLUNES & DISTRICT AGRICULTURAL 6,758 GANNAWARRA SHIRE COUNCIL 23,607 & PASTORAL SOCIETY GIPPSLAND PORTS 201,106 DONALD PASTORAL 10,000 GRAMPIANS WIMMERA MALLEE WATER 7,000 & AGRICULTURAL SOCIETY LAKE CHARLEGRARK 15,000 EDENHOPE PASTORAL 8,736 COMMITTEE OF MANAGEMENT AND AGRICULTURAL SOCIETY LATROBE CITY COUNCIL 7,610 ELMORE & DISTRICT 9,467 MACHINERY FIELD DAYS PARKS VICTORIA 525,780
HEYTESBURY AGRICULTURAL SOCIETY 10,000 TCHUM LAKE AQUATIC CLUB INC 7,604
HORSHAM AGRICULTURAL 8,337 TRANSPORT SAFETY VICTORIA 14,000 & PASTORAL SOCIETY VICTORIAN RECREATIONAL 5,500 KINGSTON AGRICULTURAL SOCIETY 6,710 FISHING (VRFISH)
KORUMBURRA AGRICULTURAL 9,504 WARRNAMBOOL CITY COUNCIL 29,700 & PASTORAL SOCIETY Total 1,035,907 KYNETON AGRICULTURAL SOCIETY 10,000
MANSFIELD AGRICULTURAL 8,000 & PASTORAL SOCIETY
MYRTLEFORD AND DISTRICT AGRICULTURAL 5,896 AND PASTORAL SOCIETY
NATHALIA AGRICULTURAL SOCIETY 7,418
NATIMUK AGRICULTURAL 6,942 & PASTORAL SOCIETY
NEERIM & DISTRICT AGRICULTURAL 6,474 & HORTICULTURAL SOCIETY
OMEO AGRICULTURAL 1,817 AND PASTORAL SOCIETY
RAINBOW AGRICULTURAL 1,000 & PASTORAL SOCIETY
RINGWOOD PRE-ROYAL SHOW 10,000
RUTHERGLEN AGRICULTURAL SOCIETY 4,308
292 DEDJTR Annual Report 2015-16 ANIMAL WELFARE FUND VICTORIAN BRUMBY ASSOCIATION 13,668 INCORPORATED ADOPTABLE PET RESCUE 31,500 VICTORIAN DOG RESCUE AND RESOURCE 700 ALASKAN MALAMUTE REHOMING AID 1,000 GROUP INCORPORATED AUSTRALIA INCORPORATED, VICTORIAN BRANCH WARRNAMBOOL DOG TRAINING SCHOOL 1,076 INCORPORATED ARCTIC RESCUE VICTORIA INCORPORATED 9,000 WESTERN RADIO BROADCASTERS 9,000 AUSTRALIAN ANIMAL RESCUE 9,000 INCORPORATED - STEREO 974 INCORPORATED Total 346,422 BENDIGO ANIMAL WELFARE 45,000 & COMMUNITY SERVICES
BERWICK OBEDIENCE DOG CLUB 16,200 AUSTRALIAN INFORMATION INDUSTRY INCORPORATED ASSOCIATION (AIIA) BUSINESS PROGRAMS 2015-16 CHERISHED PETS FOUNDATION 9,000 AUSTRALIAN INFORMATION INDUSTRY 100,000 CHIHUAHUA RESCUE VICTORIA 4,500 ASSOCIATION LIMITED
DOG RESCUE ASSOCIATION 9,000 Total 100,000 OF VICTORIA INCORPORATED
ECHUCA ANIMAL RESCUE SERVICE 5,562 INCORPORATED AUTOMOTIVE SUPPLY CHAIN TRANSITION PROGRAM FOREVER FRIENDS ANIMAL RESCUE 3,500 ROARING SUCCESS PTY LTD 15,000 FOREVER FRIENDS ANIMAL RESCUE LATROBE 1,000 INCORPORATED Total 15,000
GEELONG ANIMAL RESCUE LIMITED 17,100
GERMAN SHEPHERD RESCUE VICTORIA 9,000 BOATING INFRASTRUCTURE & MASTER PLANNING GOLDEN RETRIEVER RESCUE - 1,000 VICTORIAN BRANCH BELLARINE BAYSIDE FORESHORE 468,805 COMMITTEE OF MANAGEMENT HORSHAM PEOPLE FOR ANIMAL WELFARE 33,300 AND SUPPORT BOATING INDUSTRY ASSOCIATION 42,400 OF VICTORIA LANCEFIELD EQUESTRIAN GROUP 25,740 INCORPORATED CAPEL SOUND FORESHORE COMMITTEE OF 18,560 MANAGEMENT LORT SMITH ANIMAL HOSPITAL 2,850 CITY OF GREATER GEELONG 125,720 MCIVOR NEIGHBOURHOOD HOUSE 1,000 HEATHCOTE INCORPORATED CORINELLA FORESHORE COMMITTEE 18,136 OF MANAGEMENT MURRAY RIVER RETRIEVER 3,150 ASSOCIATION INCORPORATED EAST GIPPSLAND SHIRE COUNCIL 353,080
PETS HAVEN FOUNDATION 45,000 GANNAWARRA SHIRE COUNCIL 75,670
RESCUED WITH LOVE INCORPORATED 4,500 GIPPSLAND PORTS 902,000
SAFFRON ON THE HILL 9,000 HOBSONS BAY CITY COUNCIL 50,000
SAVE A DOG SCHEME INCORPORATED 5,000 HORSHAM RURAL CITY COUNCIL 12,960
SUNRAYSIA ANIMAL REHOUSING 1,000 KINGSTON CITY COUNCIL 128,000 GROUP INCORPORATED LATROBE CITY COUNCIL 10,400 T.L.C. RESCUE INCORPORATED 4,590 MORNINGTON PENINSULA 40,000 THE LOST DOGS' HOME 5,000 MARINE ALLIANCE
THE ROYAL SOCIETY FOR THE PREVENTION 5,000 MORNINGTON PENINSULA 712,000 OF CRUELTY TO SHIRE COUNCIL ANIMALS (VICTORIA) PARKS VICTORIA 514,300 TRARALGON PONY CLUB 486 REGIONAL DEVELOPMENT VICTORIA 250,000 VICTORIAN ANIMAL AID TRUST 5,000 SOUTH GIPPSLAND SHIRE COUNCIL 50,000
DEDJTR Annual Report 2015-16 293 04 APPENDICES
SOUTHERN RURAL WATER 11,000 COMMUNITY INFRASTRUCTURE PROGRAM FOR BUSHFIRE AFFECTED COMMUNITIES TCHUM LAKE AQUATIC CLUB INC 8,079 MURRINDINDI SHIRE COUNCIL 13,121 TOORADIN FORESHORE RESERVE 40,000 COMMITTEE OF MANAGEMENT Total 13,121
TRANSPORT SAFETY VICTORIA 562,000
WALKERVILLE FORESHORE RESERVE 130,020 COMMUNITY RECOVERY FUND COMMITTEE OF MANAGEMENT CARDINIA SHIRE COUNCIL 7,965 WARRNAMBOOL CITY COUNCIL 20,000 CITY OF WHITTLESEA 10,327 WELLINGTON SHIRE COUNCIL 466,684 LATROBE CITY COUNCIL 21,985 Total 5,009,814 NILLUMBIK SHIRE COUNCIL 15,956
Total 56,233 BUILDING GLOBAL BRIDGES
GREY INNOVATION PTY LTD 280,000 CORIO NORLANE TRANSPORT PROJECT Total 280,000 CITY OF GREATER GEELONG 148,400
Total 148,400 BUILDING STRONGER
REGIONS PROGRAMS DEFENCE SCIENCE INSTITUTE AGRIBUSINESS GIPPSLAND INC 15,000 SUPPORT PROGRAM BULMER FARMS PTY LTD 12,500 UNIVERSITY OF MELBOURNE 670,000 CATHOLICCARE ARCHDIOCESE 15,000 Total 670,000 OF MELBOURNE
CENTRAL GOLDFIELDS SHIRE COUNCIL 250,000 DEVELOPING STRONGER COMMITTEE FOR GIPPSLAND INC 50,000 REGIONS PROGRAM DEPARTMENT OF ENVIRONMENT 1,400,000 CENTRAL HIGHLANDS REGION 50,000 LAND WATER AND PLANNING WATER CORPORATION EAST GIPPSLAND FOOD 32,500 CITY OF GREATER GEELONG 35,000 CLUSTER INCORPORATED FRUIT INNOVATION 73,020 GIPPSDAIRY BOARD INC 3,000 PROCESSING PTY LTD GIPPSLAND EMPLOYMENT 5,000 GREATER SHEPPARTON CITY COUNCIL 100,000 SKILLS TRAINING INC SHIRE OF TOWONG 52,322 LAKES ENTRANCE FISHERMENS 16,250 CO-OPERATIVE SOCIETY LT D VICTORIAN AUTOMOBILE 60,000 CHAMBER OF COMMERCE Total 1,799,250 Total 370,342
BUSHFIRE RECOVERY FUND 2015/16 DIGITAL FUTURES FUND COLAC OTWAY SHIRE 15,000 INDUSTRY POWER PTY LTD 26,745 GREAT OCEAN ROAD 382,500 REGIONAL TOURISM LTD SHINY PTY LTD 49,000
INDIGO SHIRE COUNCIL 5,000 Total 75,745 MOORABOOL SHIRE COUNCIL 65,000
SURF COAST SHIRE 35,000
Total 502,500
294 DEDJTR Annual Report 2015-16 DROUGHT RESPONSE EDUCATION PARTNERSHIPS STOCK CONTAINMENT GRANTS BORONIA WEST PRIMARY SCHOOL 10,000 GLENEIG HOPKINS CATCHMENT 5,000 BRIDGEWATER PRIMARY SCHOOL 10,000 MANAGEMENT AUTHORITY
GOULBURN BROKEN CATCHMENT 32,000 BRUNSWICK EAST PRIMARY SCHOOL 10,000 MANAGEMENT AUTHORITY BRUNSWICK SECONDARY COLLEGE 10,000
MALLEE CATCHMENT MANAGEMENT 78,000 DELACOMBE PRIMARY SCHOOL 10,000 AUTHORITY DIXONS CREEK PRIMARY SCHOOL 10,000 NORTH CENTRAL CATCHMENT 306,000 MANAGEMENT AUTHORITY LANGLEY PRIMARY SCHOOL 10,000
WIMMERA CATCHMENT 126,000 MIRBOO NORTH SECONDARY COLLEGE 10,000 MANAGEMENT AUTHORITY NELSON PARK SCHOOL 10,000 Total 547,000 NEWHAVEN COLLEGE 10,000
SEVILLE PRIMARY SCHOOL 10,000 ECONOMIC INFRASTRUCTURE PROGRAM SPOTSWOOD PRIMARY SCHOOL 10,000 AUSNET GAS SERVICES PTY LTD 6,272,500 ST JOSEPHS SCHOOL COLLINGWOOD 10,000 AUSTRALIAN GAS NETWORKS 2,722,500 ST MONICA'S PRIMARY 10,000 (SA) LIMITED SCHOOL FOOTSCRAY AUSTRALIAN GAS NETWORKS 1,482,000 TALLANGATTA SECONDARY COLLEGE 10,000 (VIC) PTY LTD TARNAGULLA PRIMARY SCHOOL 10,000 BROOKFIELD REGIONAL NETWORKS 2,000,000 (VICTORIA) PTY LIMITED THOMASTOWN SECONDARY COLLEGE 10,000
CITY OF GREATER GEELONG 6,500,000 WESTERN ENGLISH LANGUAGE SCHOOL 10,000
EAST GIPPSLAND SHIRE COUNCIL 1,000,000 Total 180,000
GOULBURN VALLEY REGION 200,000 WATER CORPORATION EMPLOYMENT START UP FOR BUSINESS GREATER BENDIGO CITY COUNCIL 1,000,000 AUSTRALIAN TECHNOLOGY COMPLIANCE 4,000 LATROBE CITY COUNCIL 1,250,000 PTY LTD
MILDURA RURAL CITY COUNCIL 2,750,000 BRETT MCCALLUM 4,000
MURRAY GOULBURN 1,500,000 CMS REFRIGERATION & ELECTRICAL SERVICE 4,000 CO-OPERATIVE CO. LIMITED PTY LTD
NORTH EAST REGION 200,000 COLLINS, ANTONIO MARIO DAMIEN 3,000 WATER CORPORATION DBC FISH STATION PTY LTD 4,000 PHILLIP ISLAND NATURE PARK 500,000 BOARD OF MANAGEMENT INC DMF ELECTRICAL PTY LTD 4,000
SKILLINVEST LIMITED 1,100,000 FRAMGANG PTY LTD 3,000
SURF COAST SHIRE 244,216 GECKO SIGNS 4,000
SWAN HILL RURAL CITY COUNCIL 1,000,000 HONEY CAFE 4,000
UNILEVER AUSTRALIA TRADING LIMITED 439,965 IVY CREATIONS, 3,000 HAIR ON HARBOUR PTY LTD VICTORIAN FARMERS FEDERATION 397,310 J.D PETHYBRIDGE & D SULLIVAN 4,000 WANGARATTA RURAL CITY COUNCIL 500,000 KOROIT COUNTRY BAKEHOUSE PTY LTD 4,000 WARRNAMBOOL CITY COUNCIL 2,146,820 LAKESIDE SERVICE CENTRE 4,000 WELLINGTON SHIRE COUNCIL 1,000,000 LEANNES HAIR DESIGN PTY LTD 4,000 Total 34,205,310 LEFJONS PTY LTD 4,000
LJHAIR PTY LTD 8,000
MELBOURNE BRICK COMPANY PTY LTD 4,000
DEDJTR Annual Report 2015-16 295 04 APPENDICES
N. GODDEN & D.M. TOUGH 4,000 VICTORIAN STRAWBERRY INDUSTRY 5,000 DEVELOPMENT COMMITTEE NULINE PLASTER PTY LTD 3,000 VINCE VIGLIATURO 2,922 OLINDA CAFE 4,000 Total 423,099 SALON EUPHORIA PTY LTD 4,000
SPECIALISED PLUMBING 3,000 AND DRAINAGE PTY LTD FARMERS' MARKETS SUPPORT PROGRAM
SWIFT INNOVATIONS PTY LTD 4,000 BAW BAW SHIRE COUNCIL 2,000
THE GOLDSMITH'S GALLERY 4,000 COMMUNITY FOOD 30,000 MARKETPLACE LIMITED THE OLD BULLOCK DRAY CAFE 4,000 BAR AND GRILL GOLDEN PLAINS SHIRE COUNCIL 30,000
WIMMERA COLLISION CARE PTY LTD 4,000 HEPBURN SHIRE COUNCIL 27,000
Total 103,000 LOCAL FOOD CONNECT INC 12,865
MORNINGTON CHAMBER 13,500 OF COMMERCE INC ETHICAL CLOTHING AUSTRALIA NAGAMBIE LAKES TOURISM 30,000 HOMEWORKER CODE COMMITTEE INC 1,700,000 & COMMERCE INC
Total 1,700,000 NILLUMBIK SHIRE COUNCIL 3,000
SWAN HILL RURAL CITY COUNCIL 19,500 EXPORT DESIGN PROGRAM THE MOOROOPNA LIONS CLUB INC 14,000 MOREA PTY LTD 2,500 THE TOBACCO & ASSOCIATED FARMERS 10,000 Total 2,500 CO-OPERATIVE LIMITED
VICTORIAN FARMERS' MARKETS 177,100 ASSOCIATION INC FARM SERVICES WANGARATTA CHAMBER 11,000 ALMOND BOARD OF AUSTRALIA INC 25,000 OF COMMERCE INC
AUSTRALIAN PROCESSING TOMATO 5,000 WEDDERBURN COMMUNITY HOUSE INC 1,800 RESEARCH COUNCIL INC Total 381,765 AUSTRALIAN TABLE GRAPE 25,000 ASSOCIATION INC
AUSTRALIAN WINE RESEARCH INSTITUTE 65,000 FLOODS COMMUNITY RECOVERY FUND
DRIED FRUITS AUSTRALIA INC 5,000 HINDMARSH SHIRE COUNCIL 1,800
FRUIT GROWERS VICTORIA LIMITED 25,000 Total 1,800
JARED PTY LTD 20,119
MURRAY VALLEY WINEGROWERS INC 5,000 FUTURE DESIGNERS PROGRAM
NURSERY & GARDEN 5,000 MONASH UNIVERSITY 7,500 INDUSTRY VICTORIA ROYAL MELBOURNE INSTITUTE 13,912 ORRVALE ORCHARDS 3,942 OF TECHNOLOGY
RASPBERRIES & BLACKBERRIES AUSTRALIA 5,000 SWINBURNE UNIVERSITY 3,750 INC OF TECHNOLOGY
RURAL FINANCE (DIVISION OF BENDIGO & 85,219 Total 25,162 ADELAIDE BANK)
SULEJMAN ORCHARDS 5,897 FUTURE INDUSTRIES MANUFACTURING THE UNIVERSITY OF MELBOURNE 100,000 PROGRAM
VEGETABLE GROWERS' ASSOCIATION 25,000 FITMYCAR PTY LTD 21,232 OF VICTORIA INC Total 21,232 VICTORIAN CHERRY ASSOCIATION INC 10,000
296 DEDJTR Annual Report 2015-16 GEELONG ADVANCEMENT FUND COULSON TILES PTY LTD 7,500
BARWON HEALTH 2,000,000 CS & NS MARCH PTY LTD 9,000
DEAKIN RESIDENTIAL SERVICES PTY LTD 453,710 CYCO SYSTEMS CORPORATION PTY LTD 11,500
Total 2,453,710 D T & C MARCIANO MAGIC PTY LTD 9,750
DETOUR LOGISTICS PTY LTD 11,300
GOULBURN VALLEY INDUSTRY AND DIAL A LABEL PTY LTD 4,100 INFRASTRUCTURE FUND DROUIN MACHINING 7,500 A.C.N. ORCHARDS PTY LTD 20,000 & MAINTENANCE PTY LTD
BAROLLI ORCHARDS PTY LTD 57,492 DROUIN WEST TIMBER & TRUSS PTY LTD 7,500
Total 77,492 E.B. TRANSPORT PTY LTD 7,500
EAST GIPPSLAND SHIRE COUNCIL 13,500
GREATER GEELONG INDUSTRY FUND EASTSTYLE (AUST) PTY LTD 7,500
BATES PIPES GEELONG PTY LTD 40,000 ECOPROJECTS AUSTRALIA 4,000
CARBON REVOLUTION PTY LTD 150,000 ENGI-O PTY LTD 9,000
Total 190,000 ENHANCE YOUR FUTURE PTY LTD 4,000
EQUILIBRIUM OMG PTY LTD 2,750
GROW YOUR BUSINESS ESCARE HOLDINGS PTY LTD 7,500
AAKONSULT PTY LTD 4,000 EXQUISINE PTY LTD 4,000
AD & SM MCLEAN PTY LTD 4,000 FAUCET AUSTRALIA PTY LTD 11,500
ADVANCED MOLECULAR TECHNOLOGIES 7,500 FILDES FOOD SAFETY PTY LTD 6,000 PTY LTD FLAVOUR MAKERS PTY LTD 7,500 ALBION SPORTS PTY LTD 4,000 G & E FANKHAUSER PTY LTD 7,500 AUDITS 1 PTY LTD 4,000 GAT ENTERPRISES PTY LTD 11,500 AUSBIC PTY LTD 5,500 HERITAGE FINE CHOCOLATES 4,000 AUSTRALIAN CRANE 4,000 (AUST) PTY LTD & MACHINERY PTY LTD HOBSONS BAY CITY COUNCIL 5,964 AUSTRALIAN NATIVE MUSICAL INSTRUMENTS 11,500 PTY LTD HUYCK.WANGNER AUSTRALIA 9,750 PTY LIMITED BARTLETT TRANSPORT 4,000 IMPROVEMENTS PTY LTD IMAGE BOX GROUP PTY LTD 7,500
BELLEVUE ORCHARD PTY LTD 7,500 INDUSTRIAL CONTAINERS PTY LIMITED 7,500
BENDIGO ACCIDENT REPAIR 3,000 ININC PTY LTD 4,000 CENTRE PTY LTD INNERTELLIGENCE PTY LTD 7,500 BOGE ELASTMETALL AUSTRALIA PTY LTD 4,500 INTEGRITY FRUIT PTY LTD 10,750 BORTHWICK FOODS - RETAIL PTY LTD 4,000 INTERLINK SPRAYERS PTY LTD 11,500 BRIDGEWATER COMPOST PTY LTD 10,500 IP-ECHELON PTY LTD 7,500 BULLA MUSHROOMS PTY LTD 10,750 KINGBUILT HOMES PTY LTD 11,500 C M T PANELS PTY LTD 4,000 LANEY CONSTRUCTIONS PTY LTD 7,500 CASEY CITY COUNCIL 15,000 LOUIS MELBOURNE PTY LTD 4,000 CHARLES MARSHALL 4,000 LRM GLOBAL PTY LTD 11,500 PROPRIETARY LIMITED LT'S EGG FARM 4,000 CHRISTIAN COLE FURNITURE 4,000 MALLARD SIGNS & ENGRAVING PTY LTD 4,000 CITY OF DAREBIN 15,000 MAROONDAH CITY COUNCIL 15,000 CITY OF MARIBYRNONG 15,000 MENZWEAR DIRECT PTY LTD 5,500
DEDJTR Annual Report 2015-16 297 04 APPENDICES
MHG GLASS PTY LIMITED 11,500 MATTHEW THOMAS DE SOUSA 15,000
MHG PLASTIC INDUSTRIES (VIC) PTY LTD 11,500 NAOMI NUGRAWENI 10,000
MOLMIC FURNITURE PTY LTD 4,000 NATALIE PURCELL 3,000
MORELAND CITY COUNCIL 15,000 PAVITRA RAVISHANKAR 4,500
MOTOR GROUP PTY LTD 7,500 REBECCA RILEY 10,000
NETEC INDUSTRIES PTY LTD 11,500 SARAH SNEDDON 4,500
OLGA BERG DESIGN PTY LTD 11,500 TIMOTHY BENNETT 10,000
OSBORNE AUTOMOTIVE 7,500 Total 95,500 REPAIRS PTY LTD
OURTEL SOLUTIONS PTY LTD 7,500 HEALTH MARKET VALIDATION PROGRAM PEDDLE THORP MELBOURNE PTY LTD 7,500 ALFRED HEALTH 750,000 PERCO AUSTRALIA PTY LTD 11,500 DENTAL HEALTH SERVICES VICTORIA 375,000 PORTET WINEMAKERS PTY LTD 7,500 PENINSULA HEALTH 375,000 PROCISION PTY LTD 11,500 Total 1,500,000 ROBAYLE PTY LTD 4,000
ROGER A & LYNDA D 7,500 ICT VET PATHWAYS PILOT PROJECT & MATTHEW R LENNE AUSTRALIAN INFORMATION INDUSTRY 40,400 SCREEDLINE PTY LTD 10,750 ASSOCIATION LIMITED SHADOWFAX WINERY PTY LTD 11,500 Total 40,400 SHAKANDA AUSTRALIA PTY LTD 7,500
SONIC ESSENTIALS PTY LTD 11,300 INDIGENOUS ECONOMIC DEVELOPMENT
SPANISH DOUGHNUTS FOODS PTY LTD 4,000 LAKE TYERS ABORIGINAL TRUST 138,000
STAINLESS SERVICES PTY LTD 7,500 VICTORIAN EMPLOYERS CHAMBER 371,930 STERLING FIRE SERVICES PTY LTD 11,500 OF COMMERCE AND INDUSTRY
SYNETEK SYSTEMS PTY LTD 7,500 Total 509,930
TEXTURED CONCEPT FOODS PTY LTD 3,975
THE ACTIVE REACTOR 3,900 INDIGENOUS PROFESSIONAL DEVELOPMENT COMPANY PTY LTD ALISON MURPHY-OATES 5,000
THE AUSTRALIAN TURNTABLE 11,500 ANGELINA HURLEY 300 CO. PTY LTD ARTHUR PHILLIP AHWANG 2,000 TLGFC PTY LTD 11,300 BAD APPLES MUSIC PTY LTD 2,500 VIC AIR SUPPLIES PTY LTD 7,500 BANGARRA DANCE THEATRE 9,462 WALLIES LOLLIES PTY LTD 7,500 GALLERY KAIELA INCORPORATED 1,932 WHITEHORSE CITY COUNCIL 15,000 GLENN SHEA 1,884 WYNDHAM CITY COUNCIL 15,000 KAMARRA BELL-WYKES 1,050 Total 740,839 LISA MAZA 300
MELODIE REYNOLDS-DIARRA 1,982 HAMER SCHOLARSHIP MONASH UNIVERSITY 2,500 HYERI PARK 15,000 NARANA ABORIGINAL 2,000 JIE LIU 4,500 CULTURAL CENTRE
LILY MAHAILAH VAN EEDEN 10,000 NARETHA WILLIAMS 2,500
MARK DRAGWIDGE 4,500 NATHAN BIRD 2,000 MATTHEW ROOKE 4,500
298 DEDJTR Annual Report 2015-16 PAOLA BALLA 300 INNOVATION AND ENTREPRENEURSHIP PROGRAM FOR SPORTS TECH/INFO & COMMS TOBI SAM MORRIS 2,500 TECH START-UPS Total 38,210 AUSTRALIAN SPORTS 15,000 TECHNOLOGIES NETWORK LTD
INDUSTRY PARTNERSHIPS PROGRAM Total 15,000
GMIC LIMITED 39,470
Total 39,470 INNOVATION VOUCHER PROGRAM
ABSOLUTELY POSITIVE PTY LTD 10,000
INFRASTRUCTURE & ACCESS ALTRUTEC PTY LTD 30,000
AINLEY ENGINEERING 3,450 AUSTRALIAN INSTITUTE OF MANAGMENT 19,908 PROJECTS PTY LTD VICTORIA & TASMANIA
ASSOCIATION OF GEELONG 3,155 BORON MOLECULAR PTY LIMITED 25,000 AND DISTRICT ANGLING CLUBS INC COBALT NICHE DESIGN PTY LTD 25,000 BALLARAT ASSOCIATED 705 COMMONWEALTH SCIENTIFIC AND 39,450 APPLIANCE SERVICE PTY LTD INDUSTRIAL RESEARCH ORGANISATION BALLARAT DISTRICT ANGLERS ASSOCIATION 6,218 EXTRUSIONS AUSTRALIA PTY LTD 5,120 BEAUMARIS SEA SCOUTS 16,000 FEDERATION UNIVERSITY AUSTRALIA 25,000 (SCOUTS VICTORIA) GHD PTY LTD 197,500 BEMM RIVER A.C 62,080 LA TROBE UNIVERSITY 33,244 CITY OF GREATER GEELONG 47,680 LEAP AUSTRALIA PTY LTD 25,000 DEPARTMENT OF ENVIRONMENT 2,820 LAND WATER AND PLANNING LEVIATHAN DESIGN PTY LTD 25,000
GANNAWARRA SHIRE COUNCIL 5,040 METALTEX AUSTRALIA PTY LTD 14,400
GATEWAY BEET 2,559 MONASH UNIVERSITY 95,028
GOULBURN BROKEN CATCHMENT 9,400 OPTOTECH PTY LTD 25,000 MANAGEMENT AUTHORITY PASCO ENGINEERING PTY LTD 13,600 GR DESIGN & CONSTRUCT PTY LTD 44,036 PLANET INNOVATION PTY LTD 25,000 GRAMPIANS WIMMERA MALLEE 24,406 WATER CORPORATION PYKSIS PTY LIMITED 20,000
HORSHAM RURAL CITY COUNCIL 63,456 ROYAL MELBOURNE INSTITUTE 100,000 OF TECHNOLOGY KINA DIVING PTY LTD 14,000 RUTHERFORD TECHNICAL 4,872 LAKE TYERS BEACH DESIGN 3,950 SERVICES PTY LTD
LANG LANG FORESHORE RESERVE COM 720 SILVERPOND PTY LTD 25,000
MANSFIELD SHIRE COUNCIL 74,403 SUCCESSFUL ENDEAVOURS PTY LTD 25,000
NORTH CENTRAL CATCHMENT 15,037 SWINBURNE UNIVERSITY 100,000 MANAGEMENT AUTHORITY OF TECHNOLOGY
PARKS VICTORIA 46,260 TRAVERSE TECHNOLOGIES 25,000 AUSTRALIA PTY LTD STONNINGTON CITY COUNCIL 20,000 TREADSTONE ENTERPRISES PTY LTD 10,000 SWAN HILL RURAL CITY COUNCIL 38,951 UNIVERSITY OF TASMANIA 25,000 Total 504,325 VATIVE PTY LTD 60,000
VCAMM LIMITED 94,000
VICTORIAN CERTIFIED SEED POTATO 24,000 AUTHORITY INC
VOSSLOH COGIFER AUSTRALIA PTY LTD 16,390
Total 1,162,512
DEDJTR Annual Report 2015-16 299 04 APPENDICES
INSPIRING WOMEN PROGRAM CMTP PACKAGING PTY LTD 137,894
VESKI 210,700 CORVINA FOODS PTY LTD 250,000
Total 210,700 DAGAN TRADING PTY LTD 63,875
DISEB FOOD GROUP PTY LTD 5,000
INTERNATIONAL PARTNERSHIP FUND EGO PHARMACEUTICALS 245,000 PROPRIETARY LIMITED UNIVERSITY OF MELBOURNE 500,000 EXFOLIATORS (AUST) PTY LTD 122,500 VICTORIAN EMPLOYERS CHAMBER 9,000 OF COMMERCE AND INDUSTRY FANTASTICK LABEL COMPANY PTY LTD 165,000
Total 509,000 GODFREY HIRST AUSTRALIA PTY LTD 163,200
HILLINGTON CLOSE PTY LTD 29,156
INTERNATIONAL STUDENT EXPERIENCE INTEGRITY FRUIT PTY LTD 240,700
AUSTRALIAN COMPUTER 4,750 KY D-PAK PTY LTD 5,000 SOCIETY INCORPORATED LAUCKE FLOUR MILLS PTY LTD 3,946 CHISHOLM INSTITUTE 15,000 MATON PROPRIETARY LIMITED 23,490 DEAKIN UNIVERSITY 12,300 MATTINA FRESH PTY LTD 5,000 LA TROBE UNIVERSITY 5,000 MAXITRANS AUSTRALIA PTY LTD 122,500 MELBOURNE POLYTECHNIC 10,000 MCH AUSTRALIA PTY LTD 239,350 MONASH COLLEGE PTY LTD 15,000 MODENA ENGINEERING AUSTRALIA PTY LTD 5,000 ROYAL MELBOURNE INSTITUTE 15,000 OF TECHNOLOGY MONASH FURNITURE PTY LTD 97,500
SWINBURNE UNIVERSITY 4,963 OZ FRESH FARMS PTY LTD 243,400 OF TECHNOLOGY PAARHAMMER PTY LTD 105,100 UNIVERSITY OF MELBOURNE 959,717 PLASCORP PTY LTD 227,900 VICTORIA UNIVERSITY 12,482 POLYEM PTY LTD 245,000 Total 1,054,211 PRECISION SHOWER SCREENS 62,500 AND ROBES PTY LTD
INTERNATIONAL STUDENT REDLINE ENGINEERING 5,000 WELFARE GRANTS PROPRIETARY LIMITED
AUSTRALIAN FEDERATION OF 20,000 RELIANCE WORLDWIDE 125,000 INTERNATIONAL STUDENTS INCORPORATED CORPORATION (AUST) PTY LTD
ISANA INTERNATIONAL EDUCATION 25,230 S.G.A. ENGINEERING (AUSTRALIA) PTY LTD 122,500 ASSOCIATION INC SWC MANAGEMENT PTY LTD 120,000 MELBOURNE CITY COUNCIL 40,000 THE UNIVERSAL SHOWER BASE PTY LTD 97,826 ( CITY OF MELBOURNE ) TIC (MATTRESS RECYCLING) PTY LTD 182,500 MELBOURNE FOOTBALL CLUB LIMITED 10,000 TMR FEED SOLUTIONS PTY LTD 5,000 Total 95,230 Total 4,040,687
INVESTING IN MANUFACTURING TECHNOLOGY IRRIGATION INCENTIVES - ABNOTE AUSTRALASIA PTY LTD 5,000 WHOLE FARM PLANNING ACE WIRE WORKS (VIC.) PTY LTD 114,850 ADRIAN & EUAN BAYLISS 1,076 APEX STONE PTY LTD 75,000 ALAN & TIM MCGRATH 12,726 AUSTRALIAN FOOD INDUSTRIES PTY LTD 170,000 BLAISE RYAN 1,161 CAPRAL LIMITED 200,000 BRADLEY CORDINA 429 CASSLIS PTY LTD 5,000 BRETT COLLINS 6,143 CHRYSCO FLOWERS PTY LTD 5,000 BRIAN GALLAGHER 2,175
300 DEDJTR Annual Report 2015-16 BRIAN LYNAS 5,114 LATROBE VALLEY INDUSTRY AND INFRASTRUCTURE FUND CAMERON HODGE 1,868 ACME ENTERPRISES PTY LTD 220,000 COHUNA AUTO ELECTRICAL / SAM JONES 3,160 AUSTRALIAN FRESH SALADS PTY LTD 75,000 DANNY NIXON 8,590 CERES NATURAL FOODS PTY LTD 50,000 DAVID & LORRAINE BROAD 25,360 CTE-CUSTOM TRANSPORT 100,000 DOUG PERRYMAN 18,698 EQUIPMENT PTY LTD
ERIC BOYD 8,219 GIBSONS GROUNDSPREAD PTY LTD 65,000
GARRY WATERS 1,369 HYDRO AUSTRALIA PTY LTD 40,000
GARY & DI BOWLES 4,689 K. & R.J. MATTHEWS QUARRIES PTY LIMITED 40,000
GREG & CAT WHINFIELD 4,267 LATROBE CITY COUNCIL 753,754
IAN MATHERS 4,298 LATROBE VALLEY BUS LINES PTY LTD 20,000
JASON & LORELLE HEAP 33,970 LATROBE VALLEY SANDS PTY LTD 20,000
JIM, CAROLINE & MATT CHALMERS 13,516 MAFFRA FARMHOUSE CHEESE PTY LTD 30,000
JOHN & ROSEMARY HUMBERT 5,352 RIVIERA FARMS PTY LTD 35,000
JOHN ROSS 8,686 SPECTRUM SALES PTY LTD 25,000
KEVIN COOKE 4,548 STR INSPECTION SERVICES PTY LTD 72,168
KM JONES &KL PEACE 5,052 VICTORIAN AMERICAN IMPORTS PTY LTD 4,723
LACHLAN RALPHS 2,874 Total 1,550,645
LEIGH FLETCHER 5,157
LEWIS HOCKING 3,330 LIVING REGIONS LIVING SUBURBS
MANIE HAYES 2,401 COMMUNITY LEADERSHIP 30,000 MAX CARSON 4,988 LODDON MURRAY INC
MICHAEL WILLIAMS 1,646 VICTORIAN CHICKEN MEAT COUNCIL INC 10,000
MILSON GARNER 4,851 WANGARATTA RURAL CITY COUNCIL 15,000
NYTON PARK AGRICULTURE / 3,598 Total 55,000 ALISTER KNIGHT
PAUL TOEY 2,218 LOCAL COUNCIL DROUGHT ROD GRIFFITHS 8,816 RESPONSE PROGRAM
ROD GRIFFITHS (MACORNA PASTORAL) 10,449 BULOKE SHIRE COUNCIL 40,000
SAM (COHUNA AUTO ELECTRICAL) 3,324 CENTRAL GOLDFIELDS SHIRE COUNCIL 40,000
SHANE HOLMES 2,570 GANNAWARRA SHIRE COUNCIL 40,000
SJ & AMMORTON 864 HINDMARSH SHIRE COUNCIL 40,000
STEPHEN FOOTT 4,660 HORSHAM RURAL CITY COUNCIL 40,000
STEVEN FORSTER 2,428 LODDON SHIRE COUNCIL 40,000
STEVEN MAXTED 4,069 NORTHERN GRAMPIANS SHIRE COUNCIL 40,000
TONY SAWERS 4,105 PYRENEES SHIRE COUNCIL 40,000
VICSUPER ECOSYSTEM SERVICES 19,614 WEST WIMMERA SHIRE COUNCIL 40,000 P/L KILTER PTY LTD YARRIAMBIACK SHIRE COUNCIL 40,000
WANDARRY PTY LTD / TOM SMITH 5,055 Total 400,000 WILLERA MERINOS / WILL & KARL HOOKE 7,288
WILLIAM (BILL) BRASSER 7,968
Total 292,738
DEDJTR Annual Report 2015-16 301 04 APPENDICES
LOCAL GOVERNMENT LOCAL SKILLS PARTNERSHIP INFRASTRUCTURE PROGRAM GANNAWARRA SHIRE COUNCIL 12,194 ALPINE SHIRE 10,000 VICTORIAN BUILDING AUTHORITY 25,000 ARARAT RURAL CITY COUNCIL 12,082 Total 37,194 BASS COAST SHIRE COUNCIL 420,000
BAW BAW SHIRE COUNCIL 10,000 LOW EMISSIONS ENERGY TECHNOLOGIES BENALLA RURAL CITY COUNCIL 4,075 CO2CRC LIMITED 630,000 BOROUGH OF QUEENSCLIFFE 8,320 Total 630,000 BULOKE SHIRE COUNCIL 10,000
CAMPASPE SHIRE COUNCIL 500,000 MAJOR SPORTING EVENTS CENTRAL GOLDFIELDS SHIRE COUNCIL 9,852 FOOTBALL FEDERATION 100,000 CITY OF GREATER GEELONG 10,000 AUSTRALIA LIMITED
COLAC OTWAY SHIRE 7,801 Total 100,000
CORANGAMITE SHIRE COUNCIL 8,883
EAST GIPPSLAND SHIRE COUNCIL 10,000 MANUFACTURING PRODUCTIVITY NETWORKS GANNAWARRA SHIRE COUNCIL 17,910 AUSTRALIAN SPORTS 95,000 GOLDEN PLAINS SHIRE COUNCIL 11,572 TECHNOLOGIES NETWORK LTD
GREATER SHEPPARTON CITY COUNCIL 10,000 AUTOCRC LTD 150,000
HEPBURN SHIRE COUNCIL 11,000 DAIRY INNOVATION AUSTRALIA LIMITED 20,000
HINDMARSH SHIRE COUNCIL 10,000 DESIGN INSTITUTE OF AUSTRALIA 15,000
HORSHAM RURAL CITY COUNCIL 10,000 EAST GIPPSLAND FOOD 22,000 CLUSTER INCORPORATED INDIGO SHIRE COUNCIL 6,787 GMIC LIMITED 75,000 LODDON SHIRE COUNCIL 954,870 GREATER BENDIGO CITY COUNCIL 72,500 MACEDON RANGES SHIRE COUNCIL 8,000 HIGH PERFORMANCE 50,000 MANSFIELD SHIRE COUNCIL 5,743 CONSORTIUM LIMITED MILDURA RURAL CITY COUNCIL 15,000 JOLIMONT CAPITAL PTY LTD 200,000 MOIRA SHIRE COUNCIL 10,000 LEADWEST LTD 15,000 MOORABOOL SHIRE COUNCIL 400,000 MONASH UNIVERSITY 525,000 MURRINDINDI SHIRE COUNCIL 10,000 PREMIUM AUSTRALIAN FOODS PTY LTD 75,000 NORTHERN GRAMPIANS SHIRE COUNCIL 5,834 SUSTAINABILITY VENTURES PTY LTD 135,000 PYRENEES SHIRE COUNCIL 10,000 SWINBURNE UNIVERSITY 125,000 SHIRE OF MOYNE 7,733 OF TECHNOLOGY
SHIRE OF STRATHBOGIE 10,867 THE AUSTRALIAN INDUSTRY GROUP 12,000
SHIRE OF TOWONG 10,000 Total 1,586,500
SOUTH GIPPSLAND SHIRE COUNCIL 10,000
SURF COAST SHIRE 17,966
SWAN HILL RURAL CITY COUNCIL 10,000
WARRNAMBOOL CITY COUNCIL 10,000
WEST WIMMERA SHIRE COUNCIL 8,992
YARRIAMBIACK SHIRE COUNCIL 8,448
Total 2,611,735
302 DEDJTR Annual Report 2015-16 MARKETING INNOVATION FUND MURRAY-DARLING BASIN REGIONAL ECONOMIC DIVERSIFICATION BUS PROJECTS 15,000 PROGRAM (VIC) FILMFEST LTD 15,000 BROOKFIELD REGIONAL NETWORKS 5,500,000 GALLERY KAIELA INCORPORATED 20,000 (VICTORIA) PTY LIMITED
MCCLELLAND SCULPTURE 7,600 DRIED FRUITS AUSTRALIA INC 191,580 PARK + GALLERY GANNAWARRA SHIRE COUNCIL 700,000 MELBOURNE FRINGE 20,000 MURRAY DAIRY INC 970,000 REGIONAL ARTS VICTORIA 13,000 SKILLINVEST LIMITED 1,110,000 THE SOCIAL STUDIO INC 9,400 SWAN HILL RURAL CITY COUNCIL 2,000,000 Total 100,000 Total 10,471,580
MARYSVILLE ECONOMIC RECOVERY MUSIC WORKS MURRINDINDI SHIRE COUNCIL 84,786 ADAM CURLEY 15,000 Total 84,786 ADAM GORTON 12,050
ADRIAN RAFTER - MILWAUKEE BANKS 6,250 MARYSVILLE HOTEL AND CONFERENCE AINSLIE WILLS 11,000 CENTRE DEVELOPMENT ALASTAIR BURNS 5,000 MARYSVILLE HOTEL AND CONFERENCE 1,500,000 CENTRE PTY LIMITED AMATEUR HOUR 25,000
Total 1,500,000 AMAYA LAUCIRICA 11,577
ANDREW PHILLIPS 7,500
MELBOURNE FASHION FESTIVAL ANDREW WATSON 2,900
MELBOURNE FASHION FESTIVAL LIMITED 1,449,958 ART OF FIGHTING 13,900
Total 1,449,958 ASSOCIATION OF ARTISTS 7,985 MANAGERS (AAM)
AUSTRALASIAN PERFORMING 37,500 MELBOURNE MERCER GLOBAL RIGHT ASSOCIATION PENSION INDEX BAD APPLES MUSIC PTY LTD 15,000 MONASH UNIVERSITY 430,000 BARELY DRESSED RECORDS 3,500 Total 430,000 BEACHES 10,000
BECKI WHITTON 2,410 MELBOURNE PAVILION
NAOMI MILGROM FOUNDATION 400,000 BEN WRIGHT SMITH 12,000
Total 400,000 BENDIGO BLUES AND ROOTS 19,500 MUSIC FESTIVAL INC
BENJAMIN O'CONNOR 8,994 MELBOURNE RETAIL & HOSPITALITY STRATEGY BENJAMIN SKEPPER 5,000
MELBOURNE CITY COUNCIL 35,000 BRENT HAYHURST 4,937 ( CITY OF MELBOURNE ) BROOKE RUSSELL 5,496
Total 35,000 BY THE MEADOW 20,000
C KIKOS & M SYAWISH 7,550
MELBOURNE SPRING FASHION WEEK 2015 C W STONEKING 7,741 MELBOURNE CITY COUNCIL 135,000 CARLA DAL FORNO 5,100 ( CITY OF MELBOURNE ) CHARLOTTE ABROMS 9,270 Total 135,000 CHELSEA WILSON 15,500
DEDJTR Annual Report 2015-16 303 04 APPENDICES
CITY CALM DOWN 10,000 KINGSWOOD BAND PTY LTD 10,000
CITY OF BALLARAT 25,000 KRISTA POLVERE 4,900
CITY OF YARRA 40,000 LAILA SAKINI 3,535
CLAIRE CROSS 7,000 LEAH SENIOR 5,400
CONTEMPORARY MUSIC VICTORIA 67,500 LISTEN 17,000
COOKING VINYL AUSTRALIA 4,135 MATT WESTON ON BEHALF 10,000 OF THE COSMIC PSYCHOS CUSTOM-MADE TOURING & ARTIST 4,827 REPRESENTATION PTY LTD MEG MAC 15,000
DAN LUSCOMBE 25,000 MICHAEL KATZ 14,500
DAN SULTAN MUSIC PTY LTD 8,362 MILK RECORDS 15,000
DARREN HART (AKA HARTS) 5,000 MULTICULTURAL ARTS VICTORIA INC 11,430 ON BEHALF OF OSCAR JIMENEZ DAVE GRANEY 10,000 MULTICULTURAL ARTS VICTORIA INC 11,755 DAVID CHISHOLM 5,000 ON BEHALF OF RONNY KARENI
DAVID GAGLIARDI 2,500 MURAT YUCEL 34,000
DEAF AMBITIONS 10,000 NATHAN BIRD 4,020
DEAF WISH 13,730 NATTALI RIZE 15,000
DEMI BARTON 2,000 NICHOLAS CLARKE 30,000
DOMINI FORSTER 11,395 NICHOLAS MARKS 5,000
EAMON MCNELIS 4,500 NORTHEAST PARTY HOUSE 4,000
EAST BRUNSWICK ALL GIRLS CHOIR 10,000 OH PEP! 10,000
EL PERRO PRODUCTIONS 11,600 OLYMPIA 10,000
EVA POPOV 4,526 PARADISE MUSIC FESTIVAL 15,000
EVELYN MORRIS 7,000 PETER KNIGHT 7,000
FLYYING COLOURS 13,000 PHILLY 15,000
FRASER A GORMAN 22,860 PIERCE BROTHERS PTY LTD 23,100
GOOD MANNERS MUSIC 10,150 POUND RECORDS 9,000
GOOD MORNING 10,000 PROGRESSIVE BROADCASTING SERVICE 28,113 HAYLEY FOSTER 13,000 COOPERATIVE LIMITED
HENRY WAGONS 20,868 PUTA MADRE BROTHERS 6,220
HOPESTREET RECORDINGS PTY LTD 4,370 RAT & CO 8,330
JADE MACRAE PTY LTD 5,000 RAVENS NEST CONSULTING PTY LTD 35,000
JEMMA & THE CLIFTON HILLBILLIES 15,000 REBECCA FREEMAN 13,360
JENNIFER KINGWELL 2,550 RICHARD CHEW 2,500
JENNY VALENTISH ON BEHALF OF THE 1,759 ROHAN BROOKS 11,500 AMPHLETT LANE COMMITTEE ROLE MODEL ARTISTS 15,000
JESS CORNELIUS 13,000 SARA RETALLICK 10,000
JIM LAWRIE 7,500 SEAMUS O'SULLIVAN 5,000
JOHN DURR 3,000 SLUM SOCIABLE 15,000
JORDAN LOCKETT 8,000 SOLITAIRE RECORDINGS 13,000
JUSTIN DWYER 4,645 SONGLINES ABORIGINAL MUSIC 20,000 KATIE COLLINS 4,480 CORPORATION ON BEHALF OF MARY MIHELAKOS KING 6,448
304 DEDJTR Annual Report 2015-16 SOPHIA BROUS 5,000 ARTS MILDURA 112,800
SOPHIE KOH 8,000 AUSDANCE VICTORIA 118,900
SPUR PRESENCE AGENCY 5,000 AUSTRALIAN CENTRE FOR CONTEMPORARY 749,500 ART STONEFIELD 10,000 AUSTRALIAN CIRCUS AND PHYSICAL 40,000 SUPPLE FOX 14,866 THEATRE ASSOCIATION
TEAMTRICK 4,079 AUSTRALIAN POETRY 50,000
THE BOMBAY ROYALE 5,000 AUSTRALIAN PRINT WORKSHOP INC 160,600
THE LITTLE STEVIES 17,500 AUSTRALIAN TAPESTRY WORKSHOP 215,000
THE MAE TRIO 10,000 BACK TO BACK THEATRE 182,000
THE NATION BLUE 5,252 BALLARAT INTERNATIONAL 40,000 THE PUSH INCORPORATED 64,400 FOTO BIENNALE
TIM GUY 3,599 BALUK ARTS 40,000
TINY LITTLE HOUSES 8,940 BIG WEST FESTIVAL 130,000
TJIMBA POSSUM-BURNS 5,000 BUS PROJECTS 40,000
VELMO PTY LTD 4,858 CASTLEMAINE STATE FESTIVAL 133,100
WILL EVANS - ZERO THROUGH NINE 3,146 CENTRE FOR CONTEMPORARY 160,600 PHOTOGRAPHY WILLIAM CUMING 9,400 CHAMBER MADE OPERA 160,600 WILSN 5,000 CHINESE MUSEUM 102,000 Total 1,434,068 CHUNKY MOVE 856,600
CIRCUS OZ 149,851 NETWORKED RURAL COUNCILS COMMUNITY MUSIC VICTORIA 60,000 MUNICIPAL ASSOCIATION OF VICTORIA 215,000 COURTHOUSE ARTS 64,300 Total 215,000 CRAFT VICTORIA 268,000
CREATIVE CLUNES 40,000 NEXT GENERATION MANUFACTURING INVESTMENT PROGRAM CULTURAL DEVELOPMENT NETWORK 53,500
DEPARTMENT OF INDUSTRY 2,000,000 DANCEHOUSE 140,000 AND SCIENCE EMERGING WRITERS’ FESTIVAL 70,000 Total 2,000,000 EXPERIMENTA MEDIA ARTS 108,000
EXPRESS MEDIA 134,000 OPERATIONAL INFRASTRUCTURE SUPPORT FLYING FRUIT FLY FOUNDATION 101,700 PROGRAM FOOTSCRAY COMMUNITY ARTS CENTRE 220,000 OLIVIA NEWTON-JOHN CANCER RESEARCH 118,871 INSTITUTE GERTRUDE CONTEMPORARY 190,000
THE WALTER AND ELIZA HALL INSTITUTE OF 597,489 HEIDE MUSEUM OF MODERN ART 1,270,400 MEDICAL RESEARCH HOTHOUSE THEATRE LTD 171,300 Total 716,360 ILBIJERRI THEATRE CO-OPERATIVE 145,000
JEWISH MUSEUM OF AUSTRALIA 69,600 ORGANISATIONS INVESTMENT PROGRAM KAGE 95,000 APHIDS 70,000 KOORIE HERITAGE TRUST INC 107,100 ARAPILES COMMUNITY THEATRE 45,000 LA MAMA 214,200 ARENA THEATRE COMPANY 160,600 LINDEN BOARD OF MANAGEMENT INC 50,000 ART IS… FESTIVAL 60,000 LIQUID ARCHITECTURE SOUND INC 50,000 ARTS ACCESS VICTORIA 200,000
DEDJTR Annual Report 2015-16 305 04 APPENDICES
LUCY GUERIN INC 135,000 THE SOVEREIGN HILL 353,000 MUSEUMS ASSOCIATION MALTHOUSE THEATRE 1,199,714 THE WHEELER CENTRE 1,854,000 MCCLELLAND SCULPTURE 110,000 PARK + GALLERY THEATRE NETWORK VICTORIA 45,000
MELBOURNE FESTIVAL 6,211,040 THEATRE WORKS 140,000
MELBOURNE FRINGE 332,000 VAPAC 53,600
MELBOURNE INTERNATIONAL 1,690,000 VICTORIAN OPERA 3,731,600 COMEDY FESTIVAL WANGARATTA FESTIVAL OF JAZZ 113,100 MELBOURNE INTERNATIONAL 400,000 WANTOK MUSIK 40,000 JAZZ FESTIVAL
MELBOURNE SYMPHONY ORCHESTRA 2,406,112 WEST SPACE 80,000
MELBOURNE THEATRE COMPANY 485,575 WESTERN EDGE YOUTH ARTS 75,000
MELBOURNE WRITERS FESTIVAL 259,000 WESTSIDE CIRCUS 30,000
MIDSUMMA FESTIVAL 50,000 WOMEN’S CIRCUS 69,600
MULTICULTURAL ARTS VICTORIA INC 320,000 WRITERS VICTORIA INC 134,000
MUSEUMS AUSTRALIA (VICTORIA) INC 327,300 Total 33,965,899
NEXT WAVE FESTIVAL 390,000 PENNY ARCADE EXPO OPERA AUSTRALIA 1,001,263 REED ELSEVIER AUSTRALIA PTY LTD 80,000 ORCHESTRA VICTORIA 1,368,561 Total 80,000 OVERLAND 50,000
PHILLIP ADAMS BALLETLAB 95,000 PLAN FOR STRONGER INDUSTRIES PLATFORM YOUTH THEATRE 45,000 INDUSTRY CAPABILITY NETWORK (VICTORIA) 2,900,000 POLYGLOT THEATRE 180,000 LIMITED PORT FAIRY SPRING MUSIC FESTIVAL 64,300 Total 2,900,000 PUBLIC GALLERIES ASSOCIATION 53,600
OF VICTORIA PLANNING FOR TOMORROW PROGRAM PUNCTUM 50,000 BOROUGH OF QUEENSCLIFFE 5,500 RANTERS THEATRE 58,000 SOUTHERN GRAMPIANS SHIRE COUNCIL 2,500 RAWCUS THEATRE COMPANY 70,000 Total 8,000 RED STITCH ACTORS THEATRE 75,000
REGIONAL ARTS VICTORIA 735,400 PUT VICTORIA ON YOUR TABLE ROYAL HISTORICAL SOCIETY 80,300 OF VICTORIA MELBOURNE FOOD & WINE EVENTS LTD 300,000
SHEPPARTON ARTS FESTIVAL 40,000 Total 300,000
SNUFF PUPPETS 107,100
SONGLINES ABORIGINAL MUSIC 80,000 PUTTING LOCALS FIRST PROGRAM CORPORATION A-1 ENGINEERING (VIC) PTY LTD 60,000 SPEAK PERCUSSION INC 70,000 ADVANCE CAMPERDOWN INC 14,900 ST MARTINS YOUTH ARTS CENTRE 214,100 ALPINE SHIRE 281,650 THE AUSTRALIAN BALLET 652,383 ARARAT RURAL CITY COUNCIL 551,500 THE BLACK ARM BAND 80,000 AUSTRALIAN EATWELL PTY LTD 40,000 THE BOÎTE (VICTORIA) 122,000 BALLARAT CITY COUNCIL 911,500 THE CLICK CLACK PROJECT 40,000 BALLARAT NATIONAL THEATRE INC 4,000
306 DEDJTR Annual Report 2015-16 BASS COAST SHIRE COUNCIL 431,365 HORSHAM RURAL CITY COUNCIL 527,500
BAW BAW SHIRE COUNCIL 326,500 INDIGO SHIRE COUNCIL 384,800
BENALLA AUTO CLUB INC 5,000 INSULMET PTY LTD 60,000
BENALLA RURAL CITY COUNCIL 110,000 JAMES STOCK FEED AND 10,000 FERTILIZER PTY LTD BENDIGO CHINESE ASSOCIATION 10,000 MUSEUM INC KARINGAL INC 125,000
BOROUGH OF QUEENSCLIFFE 253,500 KINGLAKE RANGES BUSINESS 2,475 NETWORK INC BRIGHT COURT HOUSE COMMITTEE 14,500 OF MANAGEMENT LATROBE CITY COUNCIL 155,738
BULOKE SHIRE COUNCIL 278,661 LODDON SHIRE COUNCIL 1,195,000
BUNDALAGUAH-MYRTLEBANK 23,500 MACEDON RANGES SHIRE COUNCIL 222,000 PUBLIC HALL INC MALLACOOTA ARTS COUNCIL INC 26,700 CABBAGE TREE PUBLIC HALL 1,220 MALLEE DISTRICT ABORIGINAL SERVICES 50,000 CAMPASPE SHIRE COUNCIL 136,000 MANSFIELD SHIRE COUNCIL 135,750 CAMPERDOWN-TIMBOON RAIL TRAIL 10,000 MILDURA RURAL CITY COUNCIL 78,700 MANAGEMENT COMMITTEE INCORPORATED
CASTLEMAINE HOT ROD 2,900 MITCHELL SHIRE COUNCIL 141,000 CENTRE LIMITED MOIRA SHIRE COUNCIL 275,000
CENTRAL GOLDFIELDS SHIRE COUNCIL 239,500 MOLESWORTH PUBLIC HALL 19,000
CHRISMONT WINES PTY LTD 120,000 MOORABOOL SHIRE COUNCIL 251,200
CITY OF GREATER GEELONG 222,750 MOUNT ALEXANDER SHIRE COUNCIL 50,000
COLAC OTWAY SHIRE 148,500 MOUNT ELEPHANT COMMUNITY 75,000 COMMITTEE 4 ROCHESTER INC 3,000 MANAGEMENT INC
COMMUNITY COLLEGE GIPPSLAND LTD 7,740 MURRINDINDI SHIRE COUNCIL 318,000
CORANGAMITE SHIRE COUNCIL 412,000 NANGILOC COLIGNAN FARMS PTY LTD 75,000
COTTONWOOD SPRINGS PTY LTD 25,000 NATIMUK FORESHORE COMMITTEE 14,500
CREATIVE CLUNES INC 2,500 NEZKY PTY LIMITED 50,000
D & R MAPLES PTY LTD 20,000 NORTHERN GRAMPIANS SHIRE COUNCIL 666,600
DONALD 2000 INC 1,800 OXLEY RECREATION RESERVE COMMITTEE 42,000 OF MANAGEMENT INCORPORATED EAST GIPPSLAND MARKETING INC 75,000 PORT CAMPBELL PROGRESS GROUP INC 90,000 EAST GIPPSLAND SHIRE COUNCIL 285,450 PORT FAIRY TO WARRNAMBOOL RAIL TRAIL 5,000 GALLERY KAIELA INC 2,000 COMMITTEE INC
GANNAWARRA SHIRE COUNCIL 43,750 PORTLAND TOURIST ASSOCIATION INC 1,500
GIVE WHERE YOU LIVE INCORPORATED 10,000 PYRENEES SHIRE COUNCIL 65,600
GLENELG SHIRE COUNCIL 156,500 R A & J L MURPHY 30,000
GOLDEN PLAINS SHIRE COUNCIL 767,000 ROTARY CLUB OF SOUTHERN 3,915 MITCHELL INC GOLDFIELDS LOCAL LEARNING 97,500 AND EMPLOYMENT NETWORK INC ROYAL MELBOURNE INSTITUTE 13,000 OF TECHNOLOGY GREAT OCEAN ROAD COAST COMMITTEE 15,000 INCORPORATED SEASPRAY SURF LIFE SAVING CLUB INC 250,000
GREATER BENDIGO CITY COUNCIL 659,500 SHIRE OF MOYNE 731,239
GREATER SHEPPARTON CITY COUNCIL 503,000 SHIRE OF STRATHBOGIE 80,000
HEPBURN SHIRE COUNCIL 1,018,000 SHIRE OF TOWONG 262,500
HINDMARSH SHIRE COUNCIL 177,250 SOUTH GIPPSLAND SHIRE COUNCIL 550,000
DEDJTR Annual Report 2015-16 307 04 APPENDICES
SOUTH GIPPSLAND TOURIST 11,500 REGIONAL COMMUNITY LEADERSHIP RAILWAY INC PROGRAM
SOUTH WEST SPORT INC 22,500 ALPINE VALLEYS 14,000 COMMUNITY LEADERSHIP PROGRAM SOUTHERN GRAMPIANS SHIRE COUNCIL 92,000 COMMITTEE FOR BALLARAT INC 20,000 SURF COAST SHIRE 134,500 COMMITTEE FOR GEELONG LIMITED 50,000 SWAN HILL RURAL CITY COUNCIL 32,400 COMMITTEE FOR GIPPSLAND INC 150,000 TANJIL VALLEY LANDCARE GROUP 1,350 COMMUNITY LEADERSHIP 50,000 THE BOISDALE & DISTRICT PROGRESS 21,160 LODDON MURRAY INC ASSOCIATION INC GREATER SHEPPARTON CITY COUNCIL 15,000 TINAMBA PUBLIC HALL INCORPORATED 90,000 MADEC AUSTRALIA 20,000 TOURISM GREATER GEELONG 19,000 AND THE BELLARINE INC SHIRE OF MOYNE 40,000
WANGARATTA RURAL CITY COUNCIL 213,400 WIMMERA DEVELOPMENT ASSOCIATION 10,125 INCORPORATED WARRNAMBOOL CITY COUNCIL 348,750 Total 369,125 WELLINGTON SHIRE COUNCIL 618,854
WEST WIMMERA SHIRE COUNCIL 151,000 REGIONAL CONNECTIVITY PROGRAM WODONGA CITY COUNCIL 408,395 TELSTRA CORPORATION LIMITED 2,422,718 WORN GUNDIDJ ABORIGINAL 3,000 CO-OPERATIVE LTD Total 2,422,718
YARRAWONGA HOLIDAY PARK INC 2,500
YARRIAMBIACK SHIRE COUNCIL 213,950 REGIONAL DEVELOPMENT - CREATIVE VICTORIA YEA RACECOURSE AND 2,600 RECREATION RESERVE AUSTRALIAN PERFORMING ARTS CENTRES 11,920 ASSOCIATION YINNAR & DISTRICT COMMUNITY 1,040 ASSOCIATION INC BANGARRA DANCE THEATRE 66,000
Total 17,901,052 CHUNKY MOVE 35,000
CIRCUS OZ 468,188
REFUGEE MINOR FLYING FRUIT FLY FOUNDATION 61,428 EMPLOYMENT PROGRAM GERTRUDE CONTEMPORARY 40,000 YOUTH CONNECT INC 26,136 HIT PRODUCTIONS PTY LTD 115,353 Total 26,136 MALTHOUSE THEATRE 64,100
MARY SOUNESS 67,800 REGIONAL AVIATION FUND MELBOURNE CHAMBER ORCHESTRA 89,000 BENALLA RURAL CITY COUNCIL 210,000 MELBOURNE THEATRE COMPANY 144,074 GANNAWARRA SHIRE COUNCIL 100,000 NATIONAL EXHIBITIONS TOURING SUPPORT 268,000 GLENELG SHIRE COUNCIL 691,500 (NETS) VICTORIA
HORSHAM RURAL CITY COUNCIL 215,937 NICHOLAS CLARK 23,000
LATROBE CITY COUNCIL 740,000 OPERA AUSTRALIA 98,178
SOUTHERN GRAMPIANS SHIRE COUNCIL 510,103 ORCHESTRA VICTORIA 25,000
WARRNAMBOOL CITY COUNCIL 1,022,000 RED STITCH ACTORS THEATRE 9,514
Total 3,489,540 REGIONAL ARTS VICTORIA 404,422
STATE LIBRARY OF VICTORIA (SLV) 52,250
THE AUSTRALIAN BALLET 79,000
308 DEDJTR Annual Report 2015-16 VICTORIAN OPERA 273,587 REGIONAL INFRASTRUCTURE FUND
WATCH THIS INC 35,000 BALLARAT CITY COUNCIL 3,000,000
Total 2,430,814 BENALLA AUTO CLUB INC 1,000,000
GREATER BENDIGO CITY COUNCIL 3,500,000
REGIONAL DEVELOPMENT AUSTRALIA - MANGALORE AIRPORT PTY LTD 327,450 METROPOLITAN PARKS VICTORIA 5,000,000 MELBOURNE'S NORTHERN 10,000 SHIRE OF STRATHBOGIE 250,000 ECONOMIC WEDGE INC
Total 10,000 Total 13,077,450
REGIONAL DEVELOPMENT REGIONAL INVESTMENT INITIATIVE AUSTRALIA - REGIONAL DANONE MURRAY GOULBURN 130,000 BALLARAT CITY COUNCIL 45,000 PTY LIMITED NESTLE AUSTRALIA LIMITED 100,000 BULOKE SHIRE COUNCIL 50,000 Total 230,000 CENTRAL GOLDFIELDS SHIRE COUNCIL 5,000
CORANGAMITE SHIRE COUNCIL 30,000 REGIONAL JOBS FUND FEDERATION UNIVERSITY AUSTRALIA 75,000 AGROMILLORA AUSTRALIA JV PTY LTD 200,000 GIVE WHERE YOU LIVE INCORPORATED 40,000 CAPILANO HONEY LIMITED 15,000 INDIGO SHIRE COUNCIL 95,000 GMIC LIMITED 185,000 LATROBE CITY COUNCIL 5,000 RYAN & MCNULTY PTY LTD 30,000 MITCHELL SHIRE COUNCIL 1,920 Total 430,000 WARRNAMBOOL CITY COUNCIL 90,000
WELLINGTON SHIRE COUNCIL 11,871 REGIONAL PARTNERSHIPSX WIMMERA DEVELOPMENT ASSOCIATION 25,000 INCORPORATED ARARAT PERFORMING ARTS CENTRE 50,000
Total 473,791 ARARAT REGIONAL ART GALLERY 90,000
ART GALLERY OF BALLARAT 140,000
REGIONAL DEVELOPMENT VICTORIA ARTS SPACE WODONGA 40,000 SPECIAL PURPOSE PROJECTS BENALLA ART GALLERY 90,000 FLOWERDALE COMMUNITY HOUSE INC 1,981 BENALLA PERFORMING ARTS 50,000 LATROBE CITY COUNCIL 200,000 AND CONVENTION CENTRE
MURRINDINDI SHIRE COUNCIL 99,360 BENDIGO ART GALLERY 150,000
Total 301,341 CASTLEMAINE ART GALLERY 120,000 AND HISTORICAL MUSEUM
COLAC OTWAY PERFORMING ARTS 90,000 REGIONAL INFRASTRUCTURE & CULTURAL CENTRE DEVELOPMENT FUND EAST GIPPSLAND ART GALLERY 40,000 DEAKIN UNIVERSITY 5,137,500 FORGE THEATRE AND ARTS HUB 50,000 EAST GIPPSLAND SHIRE COUNCIL 1,135,000 GEELONG ART GALLERY INCORPORATED 140,000 ECOFUELS PTY LTD 25,000 GIPPSLAND ART GALLERY 95,000 FALLS CREEK ALPINE RESORT 400,000 MANAGEMENT BOARD HAMILTON ART GALLERY 110,000
HORSHAM RURAL CITY COUNCIL 1,000,000 HAMILTON PERFORMING ARTS CENTRE 80,000
PARKS VICTORIA 666,360 HER MAJESTY'S BALLARAT 95,000
Total 8,363,860 HORSHAM REGIONAL ART GALLERY 90,000
DEDJTR Annual Report 2015-16 309 04 APPENDICES
HORSHAM RURAL CITY COUNCIL 80,000 THE EAST GIPPSLAND NETWORK 8,200 OF NEIGHBOURHOOD HOUSES INC LATROBE PERFORMING ARTS CENTRE 60,000 VICTORIAN DEAF SOCIETY 7,900 LATROBE REGIONAL GALLERY 95,000 WARRNAMBOOL CITY COUNCIL 10,000 LIGHTHOUSE THEATRE, WARRNAMBOOL 115,000 YARRA RANGES SHIRE COUNCIL 11,000 MACEDON RANGES SHIRE COUNCIL 50,000 Total 126,712 MILDURA ARTS CENTRE 180,000
MONASH GALLERY OF ART 75,000 RURAL DEVELOPMENT MORNINGTON PENINSULA REGIONAL 95,000 GALLERY BENALLA RURAL CITY COUNCIL 200,000
PORTLAND ARTS CENTRE 90,000 BULOKE SHIRE COUNCIL 134,050
RIVERLINKS COMPLEX 125,000 CENTRAL GOLDFIELDS SHIRE COUNCIL 146,666 OF PERFORMING ARTS CENTRES GREAT OCEAN ROAD COAST COMMITTEE 30,000 SHEPPARTON ART MUSEUM 120,000 INCORPORATED
SWAN HILL PERFORMING ARTS AND 60,000 HEPBURN SHIRE COUNCIL 100,000 CONFERENCE CENTRE LODDON SHIRE COUNCIL 180,000 SWAN HILL REGIONAL ART GALLERY 90,000 MACEDON RANGES SHIRE COUNCIL 150,000 THE CAPITAL - BENDIGO'S PERFORMING 130,000 MITCHELL SHIRE COUNCIL 37,500 ARTS CENTRE MOUNT BULLER AND MOUNT STIRLING 170,000 THE CUBE WODONGA 80,000 RESORT MANAGEMENT BOARD WANGARATTA ART GALLERY 60,000 NORTH EAST VICTORIA 37,500 WANGARATTA PERFORMING ARTS CENTRE 115,000 TOURISM BOARD INC
WARRNAMBOOL ART GALLERY 100,000 NORTHERN GRAMPIANS SHIRE COUNCIL 240,000
WELLINGTON ENTERTAINMENT CENTRE 90,000 PYRENEES SHIRE COUNCIL 180,000
WEST GIPPSLAND ARTS CENTRE 130,000 SHIRE OF MOYNE 120,000
YARRA RANGES COUNCIL 155,000 SHIRE OF STRATHBOGIE 150,000
Total 3,615,000 SWAN HILL RURAL CITY COUNCIL 102,600
WARRNACKNABEAL DISTRICT 80,000 HISTORICAL SOCIETY INC RESILIENT COMMUNITY PROGRAM WEST WIMMERA SHIRE COUNCIL 300,000 ALPINE SHIRE 710 YARRIAMBIACK SHIRE COUNCIL 290,000 AUSTRALIAN RED CROSS SOCIETY 9,600 Total 2,648,316 BENALLA RURAL CITY COUNCIL 11,000 SCIENCE AND COMMUNITY GRANTS BULOKE SHIRE COUNCIL 1,275 AUSTRALIAN SCIENCE MEDIA CENTRE INC 23,000 CENTRAL GOLDFIELDS SHIRE COUNCIL 5,818 Total 23,000 DESTINATION GIPPSLAND LTD 4,000
EMERALD CENTRE FOR HOPE 3,800 & OUTREACH INC SCREEN WORKSHOPS
GREATER BENDIGO CITY COUNCIL 6,840 AUSTRALIAN CENTRE 59,100 FOR THE MOVING IMAGE MANSFIELD SHIRE COUNCIL 4,950 Total 59,100 MELTON CITY COUNCIL 9,170
MITCHELL SHIRE COUNCIL 8,949 SEARCH AND RESCUE MURRINDINDI SHIRE COUNCIL 10,700 AUSTRALIAN VOLUNTEER COAST GUARD 4,160 PYRENEES SHIRE COUNCIL 9,900 ASSOCATION (AVCGA) - WESTERNPORT
SOUTH GIPPSLAND SHIRE COUNCIL 2,900 AVCGA - GEELONG 2,452
AVCGA - LAKE HUME 78,075
310 DEDJTR Annual Report 2015-16 AVCGA - LAKES ENTRANCE 62,132 CONTEMPORARY ARTS PRECINCTS 300,000
AVCGA - PAYNESVILLE 301,760 CONTEMPORARY MUSIC VICTORIA 250,000
AVCGA - SAFETY BEACH 42,727 CRAFT VICTORIA 17,500
AVCGA - STATE COUNCIL 106,700 CREATIVE CLUNES 12,000
AVCGA - WERRIBEE 52,918 DANDENONG MARKET 60,000
PORT FAIRY MARINE RESCUE SERVICE INC 2,720 DEPARTMENT OF COMMUNICATIONS AND 20,000 THE ARTS TORQUAY MARINE RESCUE INC 8,965 DISLOCATE 5,500 VMR MORNINGTON 13,670 EMMA VALENTE 2,000 Total 676,279 FINUCANE & SMITH UNLIMITED 10,000
FLYING FRUIT FLY FOUNDATION 19,000 SMALL BUSINESS MENTORING PROGRAM GAME DEVELOPERS' ASSOCIATION 170,000 SMALL BUSINESS MENTORING 255,000 OF AUSTRALIA SERVICE INCORPORATED GEOFF NEWTON 18,000 Total 255,000 IASCEND PTY LTD 7,000
ILBIJERRI ABORIGINAL AND TORRES STRAIT 2,000 SMALL SCALE COMMUNITY AND REGIONAL ISLANDER THEATRE CO-OPERATIVE LTD DEVELOPMENT GRANTS INDIGENOUS RUNWAY 22,000 BENAMBRA PUBLIC HALL RESERVE 100,000 PROJECT INCORPORATED COMMITTEE OF MANAGEMENT INSITE ARTS INTERNATIONAL PTY LTD 10,000 Total 100,000 JODEE MUNDY COLLABORATIONS 2,000
KAGE 4,000 SMART DESIGN VOUCHER PROGRAM KATE NEAL 7,450 COBALT NICHE DESIGN PTY LTD 25,000 KOORIE HERITAGE TRUST INC 37,000 DEAKIN UNIVERSITY 25,000 LISA ROET 13,000 FLYNN, DAVID P 25,000 LORNE SCULPTURE BIENNALE 2016 15,500 STALLS, TONI 20,000 MADELEINE FLYNN 1,000 Total 95,000 MALTHOUSE THEATRE 100,000
MELANIE JAME WALSH 2,200 STRATEGIC INITIATIVES
ARENA THEATRE COMPANY 12,500 MELBOURNE ART FOUNDATION 100,000
ARTS ACCESS VICTORIA 14,000 MELBOURNE FESTIVAL 86,750
ARTS LAW CENTRE OF AUSTRALIA 75,000 MELBOURNE FRINGE 7,500
AUSTRALASIAN PERFORMING 11,202 MELBOURNE PRIZE TRUST 39,000 RIGHT ASSOCIATION MELBOURNE RECITAL CENTRE (MRC) 10,000
AUSTRALIA COUNCIL 6,000 MELBOURNE SYMPHONY ORCHESTRA 70,000
BACK TO BACK THEATRE INC 2,000 MELINDA HETZEL & CO 6,810
BRIMBANK CITY COUNCIL 10,000 MULTICULTURAL ARTS VICTORIA INC 180,000
BUREAU OF WORKS 2,000 MUSEUMS AUSTRALIA (VICTORIA) INC 160,560
CAPITAL VENUES AND EVENTS 8,000 MUSICA VIVA AUSTRALIA 40,000 ON BEHALF OF DAVID CHISHOLM ONE STEP AT A TIME LIKE THIS 6,750 CHAMBER MADE OPERA 1,500 ORCHESTRA VICTORIA 469,969 CHAMBER MUSIC AUSTRALIA 270,000 POLYGLOT THEATRE 37,000 CHUNKY MOVE 15,000 REGIONAL ARTS VICTORIA 1,100,000 CITY OF MELBOURNE 130,000
DEDJTR Annual Report 2015-16 311 04 APPENDICES
ROSLYN OADES 6,993 LAKE PURRUMBETE ANGLING CLUB 2,000
ROYAL SOUTH STREET SOCIETY 100,000 MANSFIELD AND DISTRICT 2,000 FLY FISHERS CLUB SHORT BLACK OPERA 35,000 MODEWARRE AND DISTRICT 2,000 SIMON RAYNOR 175,000 ANGLING CLUB
SISTERS GRIMM 2,000 MORDIALLOC BOATING 2,000 SKYHIGH FOUNDATION 8,000 AND ANGLING CLUB
SNUFF PUPPETS 35,000 MORNINGTON PENINSULA FLY FISHERS 2,000
STEPHANIE LAKE COMPANY 6,500 MURTOA ANGLING CLUB 2,000
THE AUSTRALIAN BALLET 50,000 NAGAMBIE ANGLING CLUB 2,000
THE BLACK ARM BAND 42,000 NANGILOC FISHING CLUB 2,000
THE CLICK CLACK PROJECT 8,000 NATIVE FISH AUSTRALIA 2,000
THE SOCIAL STUDIO INC. 31,476 NUMURKAH FISHING CLUB 2,000
THE WHEELER CENTRE 415,000 PORT FAIRY ANGLING CLUB 2,000
THEATRE NETWORK VICTORIA 16,000 SOUTHERN BOAT FISHING CLUB 2,000
UNIVERSITY OF MELBOURNE 100,000 SOUTHERN PENINSULA ANGLING CLUB 2,000
VAPAC INC 40,000 SUGARLOAF ANGLING CLUB 2,000
VICTORIAN OPERA 35,000 THORPDALE AND DISTRICT 2,000 ANGLING CLUB WE3 7,000 UPWEY ANGLING CLUB 2,000 WESTSIDE CIRCUS 55,000 VENUS BAY ANGLING CLUB 2,000 Total 5,146,660 WIMMERA OFFSHORE ANGLERS AND 2,000 GAMEFISHING CLUB
STREETLIFE Total 51,975
BULOKE SHIRE COUNCIL 8,000
CARDINIA SHIRE COUNCIL 10,000 STRONGER REGIONAL CITY OF GREATER DANDENONG 10,000 COMMUNITIES PLAN ALPINE VALLEYS COMMUNITY 178,500 DIAMOND CREEK TRADERS 8,362 LEADERSHIP PROGRAM ASSOCIATION INC BULOKE SHIRE COUNCIL 15,000 MAINSTREET AUSTRALIA INC 30,000 CENTRAL GOLDFIELDS SHIRE COUNCIL 15,000 THE AUSTRALIAN 17,000 RETAILERS ASSOCIATION COMMITTEE FOR BALLARAT INC 200,000
WODONGA CITY COUNCIL 10,000 COMMITTEE FOR GEELONG LIMITED 200,000
Total 93,362 COMMUNITY LEADERSHIP 200,000 LODDON MURRAY INC
DONALD 2000 INC 5,000 STRONGER FISHING CLUBS
(DARTMOUTH) ALPINE ANGLERS CLUB 2,000 GANNAWARRA SHIRE COUNCIL 15,000
CALDER FLY FISHING ASSOCIATION 1,975 HINDMARSH SHIRE COUNCIL 15,000
CRAIGIEBURN ANGLING CLUB 2,000 HORSHAM RURAL CITY COUNCIL 15,000
ENSAY ANGLING CLUB 2,000 LODDON SHIRE COUNCIL 15,000
GARFIELD ANGLING CLUB 2,000 MADEC AUSTRALIA 178,571
GOULBURN MURRAY FLY FISHERS 2,000 MUSEUM OF AUSTRALIAN 27,000 DEMOCRACY AT EUREKA LTD ITALIAN AUSTRALIAN ANGLING CLUB 2,000 NORTHERN GRAMPIANS SHIRE COUNCIL 15,000 KYNETON ANGLING CLUB 2,000 PYRENEES SHIRE COUNCIL 197,000
312 DEDJTR Annual Report 2015-16 THE GOULBURN MURRAY COMMUNITY 178,500 INTERTEK TESTING SERVICES 119,688 LEADERSHIP PROGRAM INC (AUSTRALIA) PTY LTD
VICTORIAN REGIONAL COMMUNITY 357,143 LOUD & CLEAR CREATIVE PTY LTD 50,000 LEADERSHIP PROGRAMS MELLADO, IVAN GUSTAVO 10,000 SECRETARIAT INC MINIFAB (AUST) PTY LTD 175,000 WEST WIMMERA SHIRE COUNCIL 15,000 MONASH UNIVERSITY 357,250 WIMMERA DEVELOPMENT 193,500 ASSOCIATION INCORPORATED MORNING COFFEE PTY LTD 50,000
YARRIAMBIACK SHIRE COUNCIL 15,000 NATURAL BLUE CONSULTING PTY LTD 21,600
Total 2,050,214 ONE BELL PTY LTD 35,356
OUTER SPACE DESIGN GROUP PTY LTD 51,275
SUSTAINABLE SMALL TOWNS PETER MACCALLUM CANCER INSTITUTE 50,000 DEVELOPMENT FUND PHILLIPS ORMONDE FITZPATRICK 10,000 BOROUGH OF QUEENSCLIFFE 125,000 PLANET INNOVATION PTY LTD 198,584 Total 125,000 POLYMERS AUSTRALIA PTY LIMITED 50,000
POLYMERS CRC LTD 50,000 TECHNOLOGY COMMERCIALISATION PROGRAM PORRAS CARTA, GABRIEL 10,000 SCALE INVESTORS LIMITED 100,000 PRINGLE, JAMES THOMAS 6,800 Total 100,000 PROCEPT PTY LTD 50,000
PROFICIENCY CONTRACTING PTY LTD 30,000 TECHNOLOGY VOUCHER PROGRAM RF PARTS AUSTRALIA PTY LTD 3,200 3D APPLIED TECHNOLOGY 28,980 ROYAL MELBOURNE INSTITUTE 400,000 4 VOLTS ENGINEERING PTY LTD 61,306 OF TECHNOLOGY AGENT ORIENTED SOFTWARE PTY LTD 50,000 SCIENTIFIC TECHNOLOGY PTY LTD 67,000 AMAERO ENGINEERING PTY LTD 50,000 SILLIKER AUSTRALIA PTY LTD 35,000 ARRAYWARE PTY LTD 10,000 SPRIM AUSTRALIA PTY LTD 50,000 AUSTRALIAN BIOCLOUD PTY LTD 15,500 ST. VINCENT'S HOSPITAL 4,400 BAREL, YOAV 50,000 (MELBOURNE) LIMITED
BROWNLEE, JOANNA 13,000 STUDYWIZ PTY LTD 35,000
BURTEK PTY LTD 66,800 SWINBURNE UNIVERSITY 121,500 OF TECHNOLOGY CARDINAL JONES PTY LTD 22,102 SYNCHROTRON LIGHT SOURCE 8,000 CHARLWOOD DESIGN PTY LTD 25,000 AUSTRALIA PTY LTD
COMMONWEALTH SCIENTIFIC AND 271,780 TAYLOR, CHRISTOPHER JOHN 20,000 INDUSTRIAL RESEARCH ORGANISATION THE UNIVERSITY OF WOLLONGONG 4,198 DAIRY INNOVATION AUSTRALIA LIMITED 35,000 TWO BULLS HOLDINGS PTY LTD 12,500 DEAKIN UNIVERSITY 50,000 UNIVERSITY OF MELBOURNE 127,455 DIUS COMPUTING PTY LTD 50,000 UOM COMMERCIAL LTD 30,000 DR GREG SZTO PTY LTD 21,000 VCAMM LIMITED 50,000 ETECH CONSULTING PTY LTD 50,000 WORKING THREE PTY LTD 50,000 EXCELL AUTOMATION PTY LTD 25,000 ZARNEX PTY LTD 32,200 FB RICE 18,000 Total 3,391,974 FERNANDO, ANTON 50,000
HIDDEN COVE SOLUTIONS PTY LTD 25,000
INGENEUS PTY LTD 27,500
DEDJTR Annual Report 2015-16 313 04 APPENDICES
THE ARCADE SKILLS DEVELOPMENT STARPHARMA PTY LTD 2,000 PROGRAM TASMAN ENVIRONMENTAL 2,000 GAME DEVELOPERS ASSOCIATION 23,000 MARKETS PTY LTD OF AUSTRALIA INCORPORATED THE FLOREY INSTITUTE OF NEUROSCIENCE 2,000 Total 23,000 AND MENTAL HEALTH
VAS, ALLISTAIR LLOYD 2,000
THE GOOD LIFE CAMPAIGN Total 61,409
ARARAT RURAL CITY COUNCIL 10,000
DEPARTMENT OF PREMIER AND CABINET 25,000 TRADE MISSIONS
MOUNT ALEXANDER SHIRE COUNCIL 7,951 7 CHEFS PTY LTD 2,000
SHIRE OF TOWONG 10,000 ADVANCE VISION TECHNOLOGY 2,000 (AUST) PTY LTD Total 52,951 AFFIRM SOFTWARE GROUP PTY LTD 2,000
AMBLYOPTICA (HOLDING) PTY LTD 2,000 TRADE EVENTS PROGRAM ANECSYS PTY LTD 2,000 ANDERYAN PTY LTD 2,000 ARCARE PTY LTD 2,000 AUSBIOTECH LTD 2,000 ARRAYWARE PTY LTD 2,000 AUSTRALIAN INDUSTRY & DEFENCE 2,000 NETWORK - VICTORIA INC ASHWORTH HOLDINGS PTY LTD 2,500
B.SIRIUS PTY LTD 2,000 AUSTIN HEALTH 2,000
BIODIEM LTD 2,000 AUSTRALASIAN ACADEMY 2,000 OF TENNIS COACHES PTY LTD BORTANA PTY LTD 2,000 AUSTRALIAN PROVINCIAL 2,000 CARBON MARKET INSTITUTE LIMITED 2,000 CHEESE PTY LTD CAST BONDING AUSTRALIA PTY LTD 2,000 AUSTRALIAN TABLEGRAPE 2,000 CATALYST THERAPEUTICS PTY LTD 2,000 ASSOCIATION INC
CYNATA THERAPEUTICS LIMITED 2,000 BENBURY MEAT COMPANY PTY LTD 2,000
DAVIES; CRAIG PROPRIETARY LIMITED 1,409 BEST BUSINESS DEALS PTY LTD 1,918
DIMERIX BIOSCIENCE LIMITED 2,000 BIBTECH PTY LTD 1,751
DMTC LIMITED 2,000 BIONIC VISION TECHNOLOGIES PTY LTD 2,000
FLINDERS PACIFIC PTY LTD 2,000 BIZ CATALYST PTY LTD 2,000
HADDARA CONSTRUCTIONS PTY LTD 2,000 BOX HILL INSTITUTE OF TAFE 2,000
HARROP ENGINEERING AUSTRALIA PTY LTD 2,000 BROOKING HARPER PTY LTD 2,000
HYDRIX SERVICES PTY LTD 2,000 BROWN BROTHERS MILAWA VINEYARD 1,348 PTY LIMITED IDT AUSTRALIA LIMITED 2,000 BUSINESS INTELLIGENCE TECHNOLOGIES 2,000 INNOVATIVE MECHATRONICS 2,000 PTY LTD GROUP PTY LTD CABRINI HEALTH LIMITED 2,000 MINIFAB (AUST) PTY LTD 2,000 CHEETHAM SALT LTD 1,875 NUCLEUS NETWORK LIMITED 2,000 CHISHOLM INSTITUTE 2,000 OCCURX PTY LTD 2,000 COLLABORATIONHUB PTY LTD 2,000 PHM TECHNOLOGY PTY LTD 2,000 COMBITEL 2,000 PRESCIENT THERAPEUTICS LIMITED 2,000 CRUMPLER PTY LTD 2,000 SENZ ONCOLOGY PTY LTD 2,000 CURVE TOMORROW PTY LTD 2,000 SIMDIKOFF INTERNATIONAL 2,000 DAVIES; CRAIG PROPRIETARY LIMITED 2,000 STAMP MEDIA PTY LTD 2,000 DIADEM DDM PTY LTD 2,000
314 DEDJTR Annual Report 2015-16 DOME CONSULTING (AUST) PTY LTD 2,000 NATIONAL AGEING RESEARCH 2,000 INSTITUTE LIMITED DUCERE IP PTY LTD 2,000 NWO GROUP PTY LTD 2,000 DYNAMIC DESIGN AUSTRALIA PTY LTD 2,000 OBENA FALLS PTY LTD 2,000 ET ARCHITECTS PTY LTD 2,000 OPAQUE MULTIMEDIA PTY LTD 2,000 EVISION PTY LIMITED 1,653 OPTOTECH PTY LTD 4,000 EXQUISINE PTY LTD 2,000 OSCAR HOSPITALITY 2,000 FENDER KATSALIDIS (AUST) PTY LTD 2,000 SOLUTIONS PTY LTD
FLEXANSWER SOLUTIONS PTY LTD 2,000 OUTER SPACE DESIGN GROUP PTY LTD 2,000
G. & N. GUZZARDI 2,000 PACTUM DAIRY GROUP PTY LTD 2,000 WHOLESALERS PTY LTD PAPERCUT SOFTWARE 2,000 GELATAVITA MANAGEMENT PTY LTD 2,000 INTERNATIONAL PTY LTD
GENEMINER PTY LTD 2,000 PEERCORE IT PTY LTD 2,000
GLOBAL XCHANGE PTY LTD 1,928 PEPTOLAB PTY LTD 2,000
GRIDSTONE PTY LTD 2,000 PETTAVEL AUSTRALIA PTY LTD 1,623
HADDARA CONSTRUCTIONS PTY LTD 2,000 PODZY PTY LTD 2,000
HARDCAT PTY LTD 2,000 POLYBART PTY LTD 2,000
HARVEST BOX PTY LTD 3,835 PROXIMITI PTY LTD 2,000
HEALTH AND PATIENT SERVICES PTY LTD 2,000 ROYAL MELBOURNE INSTITUTE 2,000 HOLMESGLEN INSTITUTE OF TAFE 2,000 OF TECHNOLOGY
HTA (VIC) PTY LTD 2,000 S. HARRIS AND SONS PTY LIMITED 2,000
I.P.M.S. PTY LTD 2,000 SAHARA GROUP PTY LTD 2,000
INDEPENDENT MANAGEMENT 2,000 SELECT HARVESTS FOOD 6,000 GROUP PTY LTD PRODUCTS PTY LTD
INOMIAL PTY LTD 2,000 SINGLE SERVE PACKAGING PTY LTD 2,000
INTELLIMEDICAL TECHNOLOGIES 2,000 SO MOORISH FOOD PTY LTD 2,000 PTY LTD SONOA MANAGEMENT 2,000 INVEA-TECH ASIA PACIFIC PTY LTD 2,000 SERVICES PTY LTD
JADE TIGER ABALONE PTY LTD 2,000 SOURCEDYNAMIX ASIA PACIFIC PTY LTD 2,000
KESEM HEALTH PTY LTD 2,000 STREAMLINE SOLUTIONS PTY LIMITED 4,000
KINGFISHER INTERNATIONAL PTY LTD 2,000 SYPAQ SYSTEMS PTY LTD 2,000
KOOKS & CO PTY LTD 2,000 TELSTRA CORPORATION LIMITED 2,000
LA TROBE UNIVERSITY 2,000 THE BIONICS INSTITUTE OF AUSTRALIA 2,000
LEARNING SEAT PTY LTD 2,000 THE ENTERPRISE EVOLUTION 2,000 GROUP PTY LTD M2M ONE PTY LTD 2,000 THE ROYAL AGRICULTURAL SOCIETY 2,000 MEAT TENDER PTY LTD 2,000 OF VICTORIA LIMITED
MEGA CONSOLIDATED 2,000 TWO BULLS HOLDINGS PTY LTD 2,000 AUSTRALIA PTY LTD UNITYHEALTH PTY LTD 2,000 MELBOURNE POLYTECHNIC 2,000 UNIVERSITY OF MELBOURNE 4,000 MICROLISTICS PTY LTD 2,000 VICTORIA UNIVERSITY 2,000 MILDURA DEVELOPMENT 2,000 CORPORATION INC WT PARTNERSHIP AUST. PTY LTD 2,000
MILL SOFTWARE PTY LTD 2,000 ZOYU DIGITAL PTY LTD 1,870
MONASH UNIVERSITY 4,000 Total 218,300
DEDJTR Annual Report 2015-16 315 04 APPENDICES
VICARTS GRANTS AUSTRALIAN BOOK REVIEW 20,000
ADI SAPPIR / UNDER THE OLIVE TREE 8,000 BANMIRRA ARTS INC 75,000
ALEXANDER GARSDEN 15,000 BELGIUM AVE NEIGHBOURHOOD HOUSE 40,000
ALI FYFFE 12,885 BELINDA KELLY (ARTHUR PRODUCTIONS) 25,000
ALISON HALIT 10,000 BETTY SARGEANT 19,770
ANDREA KELLER 9,800 BLAK DOT GALLERY 45,000
ARCHER MAGAZINE 15,000 BLINDSIDE 29,300
ARTS ACCESS VICTORIA 30,000 BRIENNA MACNISH 17,500 ON BEHALF OF JO DUNBAR CAPITAL VENUES AND EVENTS 42,000 ARTS HOUSE 78,000 ON BEHALF OF DAVID CHISHOLM
ARTS PROJECT AUSTRALIA 12,000 CASSANDRA ATHERTON 9,000
ASHLEY DYER 20,000 CASTLEMAINE CIRCUS INC 12,200
ASTRA CHAMBER MUSIC SOCIETY 40,000 CHART COLLECTIVE 7,000
ATLANTA 10,675 CITY OF DAREBIN 25,200
AUSPICIOUS ARTS PROJECTS 25,000 CLAIRE ROBERTSON 15,000 ON BEHALF OF ADAM WHEELER CLIMARTE INC 9,200 AUSPICIOUS ARTS PROJECTS 17,000 CLOVERDALE COMMUNITY CENTRE 10,000 ON BEHALF OF CHI VU
AUSPICIOUS ARTS PROJECTS 10,500 CORDITE POETRY INC 24,625 ON BEHALF OF ELISSA GOODRICH DANIEL JENATSCH 15,000
AUSPICIOUS ARTS PROJECTS 38,000 DAVE JONES 18,280 ON BEHALF OF HELEN HERBERTSON DAVID WELLS 16,900 AUSPICIOUS ARTS PROJECTS 40,000 ON BEHALF OF JAMES BRENNAN DEAKIN UNIVERSITY 10,000 ON BEHALF OF DAVID CROSS AUSPICIOUS ARTS PROJECTS 21,000 ON BEHALF OF JODEE MUNDY DEAKIN UNIVERSITY ON BEHALF 20,000 OF JORDAN BETH VINCENT AUSPICIOUS ARTS PROJECTS 18,000 ON BEHALF OF JOHN HARVEY ELISION INCORPORATED 25,000
AUSPICIOUS ARTS PROJECTS 34,495 ELIZABETH BRYER 12,000 ON BEHALF OF KATERINA ELIZABETH WELSH 5,000 KOKKINOS-KENNEDY FIELD THEORY 18,000 AUSPICIOUS ARTS PROJECTS 16,000 ON BEHALF OF KERENSA DIBALL FIONA HILE 20,000
AUSPICIOUS ARTS PROJECTS 15,390 FLINDERS QUARTET INC 15,000 ON BEHALF OF MELINDA SMITH GALLERY KAIELA INCORPORATED 20,000 AUSPICIOUS ARTS PROJECTS 28,054 ON BEHALF OF PRUE LANG GASWORKS ARTS PARK 9,000
AUSPICIOUS ARTS PROJECTS 30,000 GEOFFREY WATSON 15,000 ON BEHALF OF SAMARA HERSCH GEORGIA HARVEY 7,214
AUSPICIOUS ARTS PROJECTS 26,000 GOLDEN CITY SUPPORT SERVICES INC 15,000 ON BEHALF OF SANDRA PARKER GOVIN RUBEN; THE RUBIX CUBE 22,500 AUSPICIOUS ARTS PROJECTS 25,000 ON BEHALF OF SARAH KRIEGLER HELEN JOHNSON 10,846
AUSPICIOUS ARTS PROJECTS 18,000 HELEN RAYMENT 20,000 ON BEHALF OF TRISTAN MEECHAM HOBSONS BAY COMMUNITY ARTS INC 50,000 AUSPICIOUS ARTS PROJECTS 14,544 ILBIJERRI THEATRE 21,500 ON BEHALF OF WEAVE MOVEMENT THEATRE ON BEHALF OF JACOB BOEHME AUSTRALIAN ART ORCHESTRA 40,000 INKU KANG 9,900
316 DEDJTR Annual Report 2015-16 JACQUI STOCKDALE 9,000 MONASH UNIVERSITY 12,300 ON BEHALF OF MATTHEW BIRD JAHNNE PASCO-WHITE 5,000 MONASH UNIVERSITY 14,240 JAMES RUSHFORD 11,787 ON BEHALF OF NICHOLAS MANGAN
JAMES THOMAS LAWSON 17,600 MONASH UNIVERSITY 14,000 JANE O'NEILL 16,000 ON BEHALF OF TOM NICHOLSON
JENNY ACKLAND 14,235 MULTICULTURAL ARTS VICTORIA INC 9,900 ON BEHALF OF BELINDA ANNAN JESSICA FRIEDMANN 16,000 MULTICULTURAL ARTS VICTORIA INC 15,000 JESSIE LLOYD 20,000 ON BEHALF OF VICTORIA CHIU
JESUIT SOCIAL SERVICES LIMITED 10,000 MUSIC AT THE BASILICA INC 8,000
JO SCICLUNA 15,000 NAOMI OTA 20,000
JOLT SONIC ARTS 50,000 NATALIE ABBOTT 12,000
JOSEPH O'FARRELL 10,000 NATIONAL CELTIC FESTIVAL - AUSTRALIA 7,000
JOSHUA PETHERICK 10,000 NICOLE HAYES 15,000
JULIA DEVILLE 10,000 OH PEP! 14,974
JUSTIN HEAZLEWOOD 19,250 OUTER URBAN PROJECTS 50,000
KATRIONA TSYRLIN 5,410 PERFORMING LINES 9,500 ON BEHALF OF LIZ DUNN KIDS OWN PUBLISHING AUSTRALIA (INC) 38,000 PETER KENNEDY 16,000 KILL YOUR DARLINGS PTY LTD 33,000 PHILIP SAMARTZIS 20,000 LEAH SCHOLES 14,000 PHUNKTIONAL LTD 33,000 LEE SERLE 18,000 PLATFORM ARTISTS GROUP INC 15,000 LÉULI ESHRAGHI 8,300 PLATFORM YOUTH THEATRE 7,000 LIAM MCGORRY 9,300 ON BEHALF OF LAURA HARTNELL LILI WILKINSON 10,000 PLATFORM YOUTH THEATRE 28,500 LISA ROET 13,000 ON BEHALF OF THOMAS BANKS
LIZA LIM 9,000 PLAYWRITING AUSTRALIA 40,000
LORNE SCULPTURE BIENNALE 2016 20,000 POLLY STANTON 11,000
LOUISEANN KING 10,000 PRESENT TENSE ENSEMBLE 20,000
LOURIS VAN DE GEER 28,500 REBECCA STARFORD 10,000
LUKE GEORGE AND COLLABORATORS 10,150 REMI 11,000
MAKE IT UP CLUB 20,000 RMIT ON BEHALF OF IAN HAIG 12,702
MALLEE DISTRICT ABORIGINAL SERVICES 29,600 ROBERTA RICH 5,000
MARK BRANDI 6,350 ROSE ERTLER 7,000
MARK WILSON 10,000 ROSS ONLEY-ZERKEL 11,500
MARTIN MACKERRAS 5,000 RUSHDI ANWAR 10,000
MAURICIO CARRASCO 12,500 RYAN WILLIAMS 3,500
MEDIA LAB MELBOURNE / TRAVIS COX 9,900 SARAH CROWEST 10,000
MELBOURNE BALLET COMPANY 14,000 SOMEBODY'S DAUGHTER 45,000 THEATRE COMPANY MELBOURNE JAZZ CO-OPERATIVE 45,000 SONIA LEBER AND DAVID CHESWORTH 14,340 MELBOURNE UKULELE FESTIVAL INC 9,500 ON BEHALF OF SONIA LEBER
MIA DYSON 15,000 SONIA ORCHARD 10,000
MONASH UNIVERSITY ON BEHALF 16,610 SPEAK PERCUSSION INC ON BEHALF 10,000 OF BROOK ANDREW OF MATTHIAS SCHACK-ARNOTT
DEDJTR Annual Report 2015-16 317 04 APPENDICES
SPRING1883 20,000 VICTORIA INTERNATIONAL RESEARCH SCHOLARSHIP STEPHANIE LAKE COMPANY 25,000 UNIVERSITY OF MELBOURNE 60,000 STEPHANIE VAN SCHILT 15,000 Total 60,000 SUSAN JACOBS 15,000
SUTTON GALLERY 5,000 VICTORIA ISRAEL SCIENCE INNOVATION SWINGBRIDGE ARTS LTD T/A JUMP LEADS 10,000 AND TECHNOLOGY SCHEME PRODUCTIONS BUTLER MARKET GARDENS PTY LTD 2,500 TARRAWARRA MUSEUM OF ART 22,500 NCN INVESTMENTS PTY LTD 2,000 TERENCE JAENSCH 10,000 PROFESSIONAL SERVICES CHAMPIONS 4,000 THE AVOCA PROJECT INC 20,000 LEAGUE PTY LTD
THE GERTRUDE PROJECTION ASSOCIATION 55,000 VALLEY SEEDS PROPRIETARY LIMITED 50,000
THE LIFTED BROW 34,408 Total 58,500
THE OWNERSHIP PROJECT 30,500
THE REREADERS PODCAST 17,900 VICTORIAN BUSHFIRE THE VILLAGE FESTIVAL OF NEW 23,500 BUSINESS INVESTMENT FUND PERFORMANCE S.T HUDSON & P.J WHITE 240,000
TROY INNOCENT 9,600 UNITED PETROLEUM PTY LTD 300,000
UNIVERSITY OF MELBOURNE 15,000 Total 540,000 ON BEHALF OF FRAN EDMONDS
VICTORIAN AIDS COUNCIL 16,800 ON BEHALF OF BEC REID VICTORIAN BUSINESS FLOOD RECOVERY FUND WANDOON ABORIGINAL EATATE 5,000 CORPORATION ELLIOTT HOLDINGS (AUST.) PTY LTD 100,000
WARRNAMBOOL ART GALLERY 10,000 LEDA CUSTOM FARM 100,000 EQUIPMENT PTY LTD WILD@HEART COMMUNITY ARTS 35,000 MORTLOCK HYDROPONICS PTY LTD 66,670 WILLIAMSTOWN LITERARY FESTIVAL 10,000 SOUTHERN STOCKFEEDS (OPERATIONS) 75,000 WOMEN'S CIRCUS ON BEHALF 14,000 PTY LTD OF TOMOKO YAMASAKI THE OUTDOOR EDUCATION GROUP 150,000 WRITERS VICTORIA INC 24,650 ON BEHALF OF MAY HU TOLOSA HOLDINGS PTY LTD 20,000
XANTHE DOBBIE 7,000 Total 511,670
ZHENG-TING WANG 8,000
ZOE SCOGLIO 12,500 VICTORIAN ENDOWMENT FOR SCIENCE, KNOWLEDGE & INNOVATION ACTIVITIES Total 3,158,084 VESKI 100,000
Total 100,000 VICTORIA INDIA SKILLS PARTNERSHIP
START-UP ALLOWANCES VICTORIAN INTERNATIONAL BENDIGO KANGAN INSTITUTE 40,000 EDUCATION AWARDS
CAREER EDUCATION ASSOCIATION 70,000 AIBINUOMO (HYBEE) IYIADE 10,000 OF VICTORIA INC ASHRAFALSADAT HOSSEINI 10,000 CAREER LIFE COLLEGE PTY LTD 34,000 FANG XUAN KOAY 20,000 Total 144,000 JIRAYUT PROMPEN 10,000
JOSLYN MA 10,000
Total 60,000
318 DEDJTR Annual Report 2015-16 VICTORIAN POSTDOCTORAL WODONGA CITY COUNCIL 109,350 RESEARCH FELLOWSHIPS WORN GUNDIDJ ABORIGINAL 97,400 MONASH UNIVERSITY 250,000 CO-OPERATIVE LTD
ROYAL MELBOURNE INSTITUTE 300,000 Total 1,168,950 OF TECHNOLOGY
UNIVERSITY OF MELBOURNE 550,000 WIFI VICTORIA Total 1,100,000 IINET LIMITED 780,261
Total 780,261 VICTORIAN PUBLIC SCULPTURE FUND
JAMES GEURTS 20,000 YOUNG FARMER SCHOLARSHIP YARRA RANGES COUNCIL 36,000 A.P SAFSTROM & S.J SAFSTROM 3,870 Total 56,000 CAITLIN SAURO 9,000
HOCH, DANIEL DAVID 1,210 VICTORIA'S SCIENCE AGENDA IAN C & BELINDA J BROWN 9,104 ID RESEARCH PTY LIMITED 75,500 JESSICA MIGNANO 4,714 Total 75,500 ONTOS FARM ORGANICS 3,180
SEVEN CREEKS GRAIN FED PTY LTD 2,200 VICTORIA'S TECHNOLOGY PLAN FOR THE THOMAS BATTERS 6,566 FUTURE - BIOTECHNOLOGY
BIO 21 AUSTRALIA LIMITED 154,794 Total 39,844
MRCF PTY LTD 800,000
SMALL TECHNOLOGIES CLUSTER LTD 146,404 YOUNG PROFESSIONALS PROVINCIAL CADETSHIPS PROGRAM Total 1,101,198 CARDELL ACCOUNTANTS PTY LTD 4,750
DN VISION PTY LTD 500 EMPLOYMENT START UP FOR INDIGENOUS GIPPSLAND LAKES COMMUNITY HEALTH 1,000 JOBSEEKERS PROGRAM
A.R.T EMPLOYMENT PTY LTD 97,200 MGR SOLICITORS PTY LTD 1,000
COLLINGWOOD FOOTBALL 74,700 MURRAY MALLEE LOCAL LEARNING 2,000 CLUB LIMITED AND EMPLOYMENT NETWORK INC
ESSENDON FOOTBALL CLUB. 50,500 Total 9,250
LINK EMPLOYMENT & TRAINING INC 10,000
MILDURA RURAL CITY COUNCIL 106,650 YOUTH EMPLOYMENT SCHEME COURT SERVICES VICTORIA 40,500 MUNICIPAL ASSOCIATION OF VICTORIA 82,000 DEPARTMENT OF ENVIRONMENT LAND 13,500 RAW CONSULTING GROUP PTY LTD 99,000 WATER AND PLANNING RUMBALARA FOOTBALL 133,650 DEPARTMENT OF HEALTH 153,500 NETBALL CLUB INC AND HUMAN SERVICES SKILLINVEST LIMITED 49,500 DEPARTMENT OF JUSTICE 116,000 SWAN HILL RURAL CITY COUNCIL 50,500 AND REGULATION
THE AUSTRALIAN 38,750 DEPARTMENT OF PREMIER AND CABINET 2,500 RETAILERS ASSOCIATION DEPARTMENT OF TREASURY 51,000 TIGERS IN COMMUNITY 159,750 AND FINANCE FOUNDATION LIMITED Total 377,000 VICTORIAN ABORIGINAL COMMUNITY 10,000 GRAND TOTAL 203,241,568 SERVICES ASSOCIATION LIMITED
DEDJTR Annual Report 2015-16 319 04 APPENDICES
Appendix 17: Appendix 18: Ministerial Statements Additional departmental of Expectations information on request
Ministers may issue Statements of Expectation In compliance with the requirements of the Standing (SoEs) to departmental regulators that relate Directions of the Minister for Finance, details to performance and improvement. in respect of the items listed below have been retained by the department and are available on The department is required to respond to request, subject to the provisions of the Freedom those SoEs and to report their performance of Information Act 1982: accordingly. • statement that declarations of pecuniary interests Responses and performance reports have been duly completed by all relevant officers relating to current SoEs are available of the department on the department’s website. • details of shares held by a senior officer as nominee or held beneficially in a statutory authority or subsidiary • details of publications produced by the department about the department, and how these can be obtained • details of changes in prices, fees, charges, rates and levies charged by the department • details of any major external reviews carried out on the department • details of major research and development activities undertaken by the department • details of overseas visits undertaken including a summary of the objectives and outcomes of each visit • details of major promotional, public relations and marketing activities undertaken by the department to develop community awareness of the department and its services • details of assessments and measures undertaken to improve the occupational health and safety of employees • general statement on industrial relations within the department and details of time lost through industrial accidents and disputes • list of major committees sponsored by the department, the purposes of each committee and the extent to which the purposes have been achieved • details of all consultancies and contractors.
The information is available on request from:
Executive Director Ministerial and Portfolio Services Department of Economic Development, Jobs, Transport and Resources
T: (03) 8392 6978
320 DEDJTR Annual Report 2015-16 Appendix 19: Acronyms in this report
AMI Advanced Metering Infrastructure
CBD Central Business District
CEO Chief Executive Officer
DEDJTR Department of Economic Development, Jobs Transport and Resources
DTF Department of Treasury and Finance
EO Executive Officer
FRD Financial Reporting Direction
FTE Full-time Equivalent
ICT Information and Communication Technology
LXRA Level Crossing Removal Authority
MMRA Melbourne Metro Rail Authority
MOG machinery-of-government
MPV Major Projects Victoria
OHS Occupational Health and Safety
RGF Regional Growth Fund
USA United States of America
VGBO Victorian Government Business Office
VIPP Victorian Industry Participation Policy
VPS Victorian Public Sector
DEDJTR Annual Report 2015-16 321 04 APPENDICES
Appendix 20: Disclosure index
The DEDJTR annual report is prepared in accordance with all relevant Victorian legislation and pronouncements. This index has been prepared to facilitate identification of the department’s compliance with statutory disclosure requirements.
MINISTERIAL DIRECTIONS
Legislation Requirement Page reference
Report of Operations – FRD guidance
Charter and purpose
FRD 22G Manner of establishment and the relevant ministers 7-11
FRD 22G Purpose, functions, powers and duties 6
FRD 8D Departmental objectives, indicators and outputs 198
FRD 22G Key initiatives, projects and key achievements 12
FRD 22G Nature and range of services 8
Management and structure
FRD 22G Organisational structure 9-11
Financial and other information
FRD 8D Performance against output performance measures 200
FRD 8D Budget portfolio outcomes 248
FRD 10A Disclosure index 322
FRD 12A Disclosure of major contracts 280
FRD 15C Executive officer disclosures 44
FRD 22G Employment and conduct principles 261
FRD 22G Occupational health and safety policy 257
FRD 22G Summary of the financial results for the year 253
FRD 22G Significant changes in financial position during the year 24
FRD 22G Major changes or factors affecting performance 253
FRD 22G Subsequent events 187
FRD 22G Application and operation of Freedom of Information Act 1982 282
FRD 22G Compliance with building and maintenance provisions 288 of Building Act 1993
FRD 22G Statement on National Competition Policy 288
FRD 22G Application and operation of the Protected Disclosure Act 2012 290
FRD 22G Application and operation of the Carers Recognition Act 2012 261
FRD 22G Details of consultancies over $10,000 280
FRD 22G Details of consultancies under $10,000 280
322 DEDJTR Annual Report 2015-16 FRD 22G Disclosure of government advertising expenditure 278
FRD 22G Disclosure of ICT expenditure 281
FRD 22G Statement of availability of other information 320
FRD 24C Reporting of office-based environmental impacts 272
FRD 25B Victorian Industry Participation Policy disclosures 278
FRD 29A Workforce data disclosures 263
SD 4.5.5 Attestation for compliance with Ministerial Standard Direction 4.5.5 289
Financial Report
SD 4.2(g) Specific information requirements 2-16
SD 4.2(j) Sign-off requirements 5
Financial statements required under Part 7 of the FMA
SD 4.2(a) Statement of changes in equity 24
SD 4.2(b) Operating statement 22
SD 4.2(b) Balance sheet 23
SD 4.2(b) Cash flow statement 25
Other requirements under Standing Directions 4.2
SD4.2(c) Compliance with Australian accounting standards and other 27 authoritative pronouncements
SD4.2(c) Compliance with Ministerial Directions 21
SD4.2(d) Rounding of amounts 30
SD4.2(c) Accountable officer’s declaration 21
SD4.2(f) Compliance with Model Financial Report 27
Other disclosures as required by FRDs in notes to the financial statements
FRD 9A Departmental disclosure of administered assets and liabilities by 138 activity
FRD 11A Disclosure of ex gratia expenses 174
FRD 13 Disclosure of parliamentary appropriations 76
FRD 21B Disclosures of responsible persons, executive officers and 184-186 other personnel (contractors with significant management responsibilities) in the financial report
FRD 102 Inventories 116
FRD 103F Non-financial physical assets 114
FRD 110 Cash flow statements 25 & 135
FRD 112D Defined benefit superannuation obligations 120
DEDJTR Annual Report 2015-16 323 04 APPENDICES
Legislation
Freedom of Information Act 1982 282
Building Act 1993 288
Protected Disclosure Act 2012 290
Carers Recognition Act 2012 261
Victorian Industry Participation 278 Policy Act 2003
Financial Management Act 1994 21
Electricity Industry Act 2000 282
Fisheries Act 1995 289
Mineral Resources (Sustainable 289 Development) Act 1990
324 DEDJTR Annual Report 2015-16
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