Investor Presentaiton
Department of Health
Notes to the financial statements
For the year ended on 30 June 2023
3
Use of our funding
Expenses incurred in the delivery of services
3.1(a)
Contents
This section provides additional information about how the department's funding is applied and the accounting policies that are relevant for an understanding of the items
recognised in the financial statements. The primary expenses incurred by the department in achieving its objectives and the relevant notes are:
Employee benefits expenses
Employee related provisions
Grants and subsidies
Contracts for services
Supplies and services
Other expenses
Employee benefits expenses
Employee benefits
Superannuation - defined contributions plans
Termination benefits
Total employee benefits expenses
Add: AASB 16 Non-monetary benefits (not included in employee benefits expense)
Less: Employee contributions (per the Statement of Comprehensive income)
Net employee benefits
Notes
3.1(a)
3.1(b)
3.2
3.3
3.4
3.5
2023
$'000
2022
$'000
159,617
16,188
158,417
14,640
686
175,805
138
(47)
173,743
160
(41)
175,896
173,862
Employee benefits include wages, salaries and social contributions, accrued and paid leave entitlements and paid sick leave, and non-monetary benefits recognised under
accounting standards other than AASB 16 (such as medical care, housing, cars and free or subsidised goods or services) for employees.
Superannuation is the amount recognised in profit or loss of the Statement of Comprehensive Income comprises employer contributions paid to the GSS (concurrent
contributions), the WSS, other GESB schemes, or other superannuation funds.
Termination benefits are payable when employment is terminated before normal retirement date, or when an employee accepts an offer of benefits in exchange for the
termination of employment. Termination benefits are recognised when the department is demonstrably committed to terminating the employment of current employees
according to a detailed formal plan without possibility of withdrawal or providing termination benefits as a result of an offer made to encourage voluntary redundancy. Benefits
falling due more than 12 months after the end of the reporting period are discounted to present value.
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