Annexes
Annexes
Financial Summary - Projections
Income and Expenditure |
Forecast Outturn |
Business Plan |
Statutory fee income |
369.5 |
378.7 |
Commercial fee income |
77.7 |
78.0 |
SLAs with DfT and other Agencies |
186.4 |
194.5 |
Other income |
7.3 |
8.3 |
Total income |
640.9 |
659.5 |
| ||
Staff costs |
165.1 |
159.8 |
Agents’ fees |
74.8 |
74.8 |
IT charges |
140.8 |
167.5 |
Accommodation |
32.9 |
36.0 |
Consultancy and professional services |
2.4 |
3.3 |
Postage and printing |
40.2 |
47.1 |
Depreciation |
27.7 |
27.6 |
Other costs |
44.5 |
40.5 |
Total expenditure |
528.6 |
556.4 |
| ||
Operating Surplus |
112.4 |
103.1 |
Surplus payable to Consolidated Fund |
100.5 |
95.0 |
Net Surplus |
11.9 |
8.1 |
Forecast Outturn |
Business Plan | |
| Resource |
199.2 |
194.3 |
| AME | (3.5) |
(1.8) |
| Total Resource and AME | 195.7 |
192.5 |
| Capital | 25.0 |
25.6 |
Forecast Outturn |
Business Plan | |
| Non-current assets | ||
| Property, plant and equipment | 92.0 |
92.6 |
| Intangible assets | 87.4 |
84.9 |
| Trade and other receivables due after more than one year | 4.4 |
1.2 |
183.8 |
178.6 | |
| Current assets | ||
| Trade and other recievables | 67.3 |
69.3 |
| Cash and cash equivalents | 73.9 |
57.0 |
141.2 |
126.3 | |
| Total Assets | 325.0 |
304.9 |
| Current Liabilities | (76.6) |
(56.8) |
| Non-current assets plus/less not current assets/liabilities | 248.4 |
248.1 |
| Non-current liabilities | (46.9) |
(38.6) |
| Asset less liabilities | 201.5 |
209.5 |
| Financed by: Taxpayers' equity | ||
| General Fund | 122.0 |
130.0 |
| Public Dividend Capital | 19.0 |
- |
| Loan from Secretary of State | - |
19.0 |
| Government Grant Reserve | 27.2 |
27.1 |
| Revaluation Reserve | 33.3 |
33.3 |
201.5 |
209.5 | |
Forecast Outturn |
Business Plan | |
| Cash flows from operating activities | ||
| Retained surplus for the year | 11.9 |
8.1 |
| Adjustments for: | ||
| Loss on disposal, depreciation, amortisation & impairment | 28.2 |
27.6 |
| Government Grant release | (4.8) |
(6.1) |
| Net finance cost | 1.7 |
1.8 |
| Decrease in trade and other receivables | 3.9 |
1.3 |
| (Decrease) in trade payables | (3.3) |
(24.7) |
| Use of provisions | (2.9) |
(1.8) |
Net cash inflow from operating activities |
34.7 |
6.2 |
| Cash flows from investing activities | ||
| Purchase of property, plant and equipment | (25.0) |
(25.6) |
| Purchase of intangible assets | - |
- |
| Interest received | 0.2 |
- |
| Net cash outflow from investing activities | (24.8) |
(25.6) |
| Cash flows from financing activities | ||
| Government grant received in year | 6.8 |
6.0 |
| Interest payable on finance | (2.0) |
(1.8) |
| Capital element of payments in respect of finance leases and on-balance sheet PFI contracts | |
|
| Net cash used in financing activities | 3.3 |
2.5 |
| Net increase/(decrease) in cash and cash equivalents in the period | 13.2 |
(16.9) |
| Cash and cash equivalents at the beginning of the period | 60.7 |
73.9 |
| Cash and cash equivalents at the end of the period | 73.9 |
57.0 |
Progress against performance - Balance Sheet
Progress against performance - Cash flow statement