At a glance
The following is a brief summary of the overall financial position of the agency. The information on this page is unaudited.
You can view the full Audited financial statements (PDF, 2.7 MB), which is also included as an appendix of the annual report.
Statement of Comprehensive Income | 2021-22 Budget $000s | 2021-22 Actual $000s | Variation $000s
| Past year 2021-22 Actual $000s |
|---|---|---|---|---|
Total Income | 384 198 | 543 964 | 159 766 | 325 319 |
Total Expenses | 295 065 | 358 025 | (62 960) | 310 868 |
Net Result | 89 133 | 185 939 | 96 806 | 14 451 |
Total Comprehensive Result | 89 133 | 185 939 | 96 806 | 14 451 |
The department reported a $185.939m net result for the 2021-22 financial year. This result is $96.806m favourable when compared with the 2021-22 original budget, primarily due to the Adelaide Festival Plaza Public Realm Improvement asset, transferred from the Department for Infrastructure and Transport.
Statement of Financial Position | 2021-22 Budget $000s | 2021-22 Actual $000s | Variation $000s
| Past year 2021-22 Actual $000s |
|---|---|---|---|---|
Current assets | 35 927 | 350 557 | 314 630 | 77 133 |
Non-current assets | 356 384 | 143 869 | (212 515) | 236 091 |
Total assets | 392 311 | 494 426 | 102 115 | 313 224 |
Current liabilities | 23 728 | 28 438 | 4 710 | 32 387 |
Non-current liabilities | 14 514 | 11 521 | (2 993) | 12 675 |
Total liabilities | 38 242 | 39 959 | 1 717 | 45 062 |
Net assets | 354 069 | 454 467 | 100 398 | 268 162 |
Equity | 354 069 | 454 467 | 100 398 | 268 162 |
The department’s net assets as at 30 June 2022 were $100.398m higher than original budget, primarily due to the Adelaide Festival Plaza Public Realm Improvement asset, transferred from the Department for Infrastructure and Transport.