Investor Presentaiton
Department of Health
Notes to the financial statements
For the year ended on 30 June 2023
9.4
Related party transactions
The department is a wholly owned public sector entity that is controlled by the State of Western Australia. Related parties of the department include:
.
•
all cabinet ministers and their close family members, and their controlled or jointly controlled entities
all senior officers and their close family members, and their controlled or jointly controlled entities
other departments and statutory authorities, including related bodies, that are included in the whole of government consolidated financial statements (i.e. wholly-owned
public sector entities)
associates and joint ventures of a wholly-owned public sector entity
the Government Employees Superannuation Board (GESB).
Significant transactions with Government-related entities
In conducting its activities, the department is required to transact with the State and entities related to the State. These transactions are generally based on the standard
terms and conditions that apply to all agencies. Such transactions include:
•
income from State Government (note 4.1)
income from other public sector entities (note 4.1)
•
services received free of charge (note 4.1)
• Royalties for Regions Fund (note 4.1)
•
equity contribution (note 9.11)
•
grants and subsidies to statutory authorities within WA health (note 3.2)
.
•
superannuation payments to GESB (note 3.1(a))
lease payments to the Department of Finance (Government Office Accommodation and State Fleet) (note 3.5(d))
•
insurance payments to the Insurance Commission and Riskcover fund (note 3.5)
•
remuneration for services provided by the Auditor General (note 9.10)
services provided free of charge to various State Government agencies (note 9.7).
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Contents
About us
Significant issues Report on operations Agency performance Operational disclosures ⚫Key performance indicators
Financial disclosures and compliance • AppendixView entire presentation