Investor Presentaiton slide image

Investor Presentaiton

Department of Health Notes to the financial statements For the year ended on 30 June 2023 10.2 Explanatory statement for administered items This explanatory section explains variations in the financial performance of the department undertaking transactions that it does not control but has responsibility to the government for, as detailed in the administered schedules. All variances between annual estimates and actual results for 2023, and between the actual results for 2023 and 2022 are shown below. Narratives are provided for key major variances which vary by more than 10% from their comparative and that the variation is more than 1% of the Total Administered Income for the following variance analyses for the: Estimate and actual results for the current year (i.e. $1,863,144,000) 1. 2. Actual results for the current year and the prior year actual (i.e. $1,332,469,000). COST OF SERVICES Expenses Variance Variance Notes Estimate 2023 $'000 Actual 2023 $'000 Actual 2022 $'000 Variance between actual and estimate $'000 between actual results for 2023 and 2022 $'000 Funding transferred to: Health service providers 1 911,445 522,973 477,377 (388,472) 45,596 State Pool Account and State Managed Fund Account administered for Mental Health Commission (MHC): Transfer of activity based funding to health service providers Transfer of block funding to health service providers AB Service concession arrangement depreciation expense Total administered expenses 2, B 460,377 487,452 455,625 660,445 399,978 423,594 (4,752) 172,993 55,647 236,851 2,083 3,216 2,617 1,133 599 1,861,357 1,642,259 1,303,566 (219,098) 338,693 < 209 Contents About us Significant issues Report on operations Agency performance Operational disclosures Key performance indicators Financial disclosures and compliance • Appendix
View entire presentation