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Investor Presentaiton

Department of Health Notes to the financial statements For the year ended on 30 June 2023 3.1(b) Employee related provisions (continued) Key sources of estimation uncertainty - long service leave Key estimates and assumptions concerning the future are based on historical experience and various other factors that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next financial year. Several estimates and assumptions are used in calculating the department's long service leave provision. These include: • expected future salary rates discount rates · employee retention rates expected future payments Changes in these estimations and assumptions may impact on the carrying amount of the long service leave provision. Any gain or loss following revaluation of the present value of long service leave liabilities is recognised as employee benefits expense. 3.2 Grants and subsidies Contents 2023 $'000 2022 $'000 Recurrent Funding for the delivery of health services by statutory authorities within the WA health system (a): Child and Adolescent Health Service (b) 740,536 714,873 East Metropolitan Health Service (b) 1,510,977 1,406,899 North Metropolitan Health Service (b) 1,977,133 1,848,060 South Metropolitan Health Service (b) WA Country Health Service (b) Health Support Services (b) PathWest Laboratory Medicine WA (b) Queen Elizabeth II Medical Centre Trust (b) Quadriplegic Centre (b) Funding to other State Government agencies on COVID-19 Response (c) Research and development grants Spectacle subsidy scheme Other grants and subsidies 1,746,051 1,679,744 2,102,877 1,794,979 370,623 801,754 169,569 173,679 Total grants and subsidies 749 6,851 11,553 31,050 24 41,514 8,709,507 745 6,115 118,890 38,665 33 20,712 8,605,148 < 149 About us Significant issues Report on operations Agency performance Operational disclosures Key performance indicators Financial disclosures and compliance Appendix
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