JavaScript is required

Financial and Asset outlook

Financial outlook

These forward estimates represent the allocation of resources that also enable the delivery of DPC’s key priorities and ongoing delivery of economic, commercial, financial, budget and resource management outputs.

DPC operating statement

Net result from continuing operations

2021–22

2022–23

2023–24

2024–25

Income from transactions

Output appropriations

411.65

355.70

327.48

319.06

Sales of goods and services

0

0

0

0

Grants and other transfers

65.75

65.75

65.75

65.75

Other income

0.00

0.00

0.00

0.00

Total income from transactions

477.41

421.45

393.24

384.81

Expenses from transactions

Employee benefits

190.14

176.09

172.04

164.47

Depreciation and amortisation

20.91

21.26

17.94

17.89

Interest expense

0.03

0.03

0.06

0.05

Grants and other transfers

150.89

123.53

106.92

104.75

Capital asset charge

11.03

10.80

10.78

10.76

Other operating expenses

104.41

89.75

85.50

86.89

Total expenses from transactions

477.41

421.45

393.24

384.81

Net result from transactions (net operating balance)

0.00

0.00

0.00

0.00

Asset outlook

DPC capital program 2021–22

New projects ($ thousand)

Total estimated investment

Estimated expenditure 2021–22

Remaining expenditure

Estimated completion date

Alternative Quarantine Accommodation Hub: Planning (statewide)

15 000

5 000

..

qtr 2 2021–22

The estimated completion date relates to completion of planning and design activities.

Enhancing customer experience with more digital services for Victorians (statewide)

16 200

8 100

8 100

qtr 4 2022–23

Public Record Office Victoria asset maintenance and renewal program (North Melbourne)

700

500

200

qtr 4 2022–23

Total new projects

31 900

13 600

8 300

Existing projects ($ thousand)

Total estimated investment

Estimated expenditure 2021–22

Remaining expenditure

Estimated completion date

Addressing the security and workplace requirements of government buildings (East Melbourne)

2 900

..

..

qtr 4 2022–23

Digital Victoria (statewide)

39 805

6 159

32 146

qtr 4 2023–24

New Laws to Criminalise Wage Theft (statewide)

4 000

3 460

..

qtr 4 2021–22

Recording visitation for coronavirus (COVID19) contact tracing purposes (statewide)

4 164

756

476

qtr 4 2022–23

Service Victoria (statewide)

14 838

2 701

1 276

qtr 4 2022–23

Total existing projects

65 707

13 076

33 898

Total DPC projects

97 607

26 676

42 198

Other capital expenditure

na

5 291

na

various

Total 2021–22 DPC capital expenditure

31 967

Completed projects ($ thousand)

Total estimated investment

Financial completion date

Enhancing public sector capability (Melbourne)

1 380

qtr 4 2019–20

Public Record Office Victoria asset maintenance and renewal program (North Melbourne)

3 618

qtr 4 2019–20

Security and building upgrades for government buildings (Melbourne)

13 559

qtr 4 2020–21

Updated