Investor Presentaiton
Performance summary
Summary of financial performance
Table 6 provides the financial and performance information of the department for
2022-23. Full details of the department's financial performance including variance
explanations are provided in the financial statements section of this report.
Table 6: Actual results versus budget targets for the Department of Health
Agencies are required to operate within an agreed working cash limit, defined as
5 per cent of budgeted cash payments. The approved working cash limit is the
maximum level of cash required to meet commitments associated with payments
for recurrent services. In 2022-23, the cash limit target and actual for the WA
health system are provided in Table 7.
Table 7: Agreed working cash limit for the WA health system
2022-23
Target
($'000)
2022-23
Actual
($'000)
Variation
(+/-)
($'000)
2022-23
Agreed
2022-23
Target/
Total cost of services (expense limit)
8,981,224 9,676,201
694,977
Limit
($'000)
Actual
Variation
(+/-)
($'000)
($'000)
Net cost of services.
6,168,432
6,954,883 786,451
Agreed working cash limit (at budget)
525,577
525,577
0
Total equity
366,268
318,817
-47,451
Agreed working cash limit (at actuals)
570,305
576,074
5,769
Net increase/(decrease) in cash held
118
-63,685
-63,803
Notes:
Approved salary expense level
168,962
175,805
6,843
1. The working cash limit is for all WA health system entities, including health service providers.
2. The cash position for the Department of Health can be found in the notes to the Financial Statements.
Approved borrowing limit
0
0
0
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• Financial disclosures and compliance • AppendixView entire presentation