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Investor Presentaiton

Department of Health Notes to the financial statements For the year ended on 30 June 2023 4.3 Commonwealth grants and contributions Contents 2023 $'000 2022 $'000 Recurrent grants - cash National Health Reform Agreement (NHRA) (a): Statutory authorities within WA health 2,358,918 2,319,207 Public health division within the department 55,428 47,842 Specific purpose grants: COVID-19 Response (b) Department of Veterans' Affairs Aged Care Programs Community Health and Hospitals Program Disability Support for Older Australians Public Dental Services for Adults Other programs Recurrent grants - non-cash 116,899 698,584 46,995 62,755 39,710 44,425 9,500 5,653 Public Health Outcome Funding Agreement - Vaccines 1,890 1,984 1,588 9,748 22,075 29,773 Essential vaccines received free of charge Total Commonwealth grants and contributions 40,275 41,686 2,698,931 3,256,004 a) As from 1 July 2012, activity based funding and block grant funding have been received from the Commonwealth Government under the National Health Reform Agreement (NHRA) for services, health teaching, training and research provided by local hospital networks or other organisations, and any other matter that under that Agreement is to be funded through the National Health Funding Pool, the State Managed Fund (Health) Account and the State Managed Fund (Mental Health) Account. The new funding arrangement established under the Agreement requires the Commonwealth to make funding payments to the State Pool Account from which distributions to the local hospital networks are made by the department and Mental Health Commission. All moneys in the State Pool Account and in the State Managed Fund (Health) Account are fully allocated to local hospital networks in each financial year (see note 9.9 'Special purpose accounts'). Under the National Health Reform Agreement, the Commonwealth Government also provides public health funding to the department of Health. b) As part of the National Partnership Agreement, the Commonwealth contributed $116.9 million in 2022-23 ($698.6 million in 2021-22) to the department in response to COVID-19. Recurrent grants are recognised as income when the grants are receivable. Capital grants are recognised as income when the department achieves milestones specified in the grant agreement. Income from grants to acquire/construct a recognisable non-financial asset to be controlled by the department is recognised when the department satisfies its obligations under the transfer. The department satisfies the obligations under the transfer to construct assets over time as the non-financial assets are being constructed. The department typically satisfies the obligations under the transfer when it achieves milestones specified in the grant agreement and amounts received in advance of obligation satisfaction are reported at note 6.6 'Contract liabilities'. < 157 About us Significant issues Report on operations Agency performance Operational disclosures ⚫Key performance indicators Financial disclosures and compliance Appendix
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