22   Marine and Safety Tasmania

Authority Outline

Marine and Safety Tasmania (MAST) seeks to be widely recognised as a proactive, approachable and knowledgeable organisation that performs the functions required under the Marine and Safety Authority Act 1997. These functions are to:

·       ensure the safe operation of vessels;

·       provide and manage marine facilities;

·       manage environmental issues relating to vessels; and

·       perform the functions delegated to the Authority by the Australian Maritime Safety Authority (AMSA).

The responsible Minister is the Minister for Infrastructure, Hon Rene Hidding MP, and the supporting agency is the Department of State Growth.

This chapter provides MAST's financial information for 2016‑17 and over the Forward Estimates period (2017‑18 to 2019‑20). Further information on MAST is provided at www.mast.tas.gov.au.

Key Deliverables

Table 22.1 provides a summary of the Budget and Forward Estimate allocations for key deliverables within the Authority.

Table 22.1:        Key Deliverables Statement

 

2016-17)

2017-18)

2018-19)

2019-20

 

Budget)

Forward) Estimate)

Forward) Estimate)

Forward) Estimate)

 

$'000)

$'000)

$'000)

$'000)

 

 

 

 

 

Marine Infrastructure Maintenance

829

831

833

835

National Maritime Reform - Transition1

750

750

....

....

Recreational Boating Fund - Facilities and Services

1 619

1 723

1 878

1 896

St Helens Barway Stabilisation - Stage 2

589

....

....

....

 

 

 

 

 

Note:

1.   The variation in Nation Maritime Reform Transition costs compared with the 2015-16 Budget reflects a change in the anticipated handover date of commercial vessel service delivery from 1 July 2019 to 1 July 2017.

Marine Infrastructure Maintenance

A comprehensive preventative maintenance program will continue on important marine infrastructure including navigation aids, jetties and breakwaters.

National Maritime Reform - Transition

From 1 July 2013, the Marine Safety (Domestic Commercial Vessel) National Law Act 2012 (National Law) created a national safety system for domestic commercial vessels through a single national law for seafarers and commercial vessel owners. The Act replaced eight existing federal, state and territory regulators with one national marine safety regulator, the Australian Maritime Safety Agency. MAST will remain responsible for the day‑to‑day administration of the National Law in Tasmania, under delegation from AMSA until AMSA assumes full service delivery on 1 July 2017. Significant internal resources have been diverted to the transition out of service delivery to ensure that MAST achieves the best outcome for commercial operators in Tasmania.

Recreational Boating Fund - Facilities and Services

The funding of community projects under the Recreational Boating Fund will continue during 2016‑17 with $1.6 million being made available for the upgrade of recreational boating facilities and continuation of safety initiatives and services. Projects are funded from revenue received from the registration of recreational vessels and licensing of operators.

St Helens Barway Stabilisation - Stage 2

Work to stabilise the entrance to the St Helens Barway commenced in 2015-16 with $589 000 provided for Stage 1. The project will continue during 2016‑17 with Stage 2 funding of a further $589 000 to be directed towards the extension of the existing seawall to help create a more reliable and safe channel.


 

Detailed Budget Statements

Table 22.2:        Statement of Comprehensive Income

 

2015-16)

 

Budget)

2016-17)

 

Budget)

2017-18)

Forward)

Estimate)

2018-19)

Forward)

Estimate)

2019-20)

Forward)

Estimate)

 

$'000)

$'000)

$'000)

$'000)

$'000)

 

 

 

 

 

 

Revenue and other income from transactions

 

 

 

 

 

Grants1

 2 092)

 1 592)

 1 003)

 1 003)

 1 003)

Sales of goods and services2,3

 4 909)

 3 890)

 4 909)

 4 024)

 3 272)

Interest

  66)

  67)

  68)

  70)

  68)

Total revenue and other income from transactions

 7 067)

 5 549)

 5 980)

 5 097)

 4 343)

 

 

 

 

 

 

Expenses from transactions

 

 

 

 

 

Employee benefits4

 1 969)

 2 213)

 2 121)

 1 627)

 1 675)

Depreciation and amortisation

  906)

  912)

  870)

  869)

  869)

Supplies and consumables5

 4 208)

 4 023)

 3 816)

 3 828)

 3 798)

Total expenses from transactions

 7 083)

 7 148)

 6 807)

 6 324)

 6 342)

 

 

 

 

 

 

Net result from transactions (net operating balance)

(16)

(1 599)

(827)

(1 227)

(1 999)

 

 

 

 

 

 

Net result

(16)

(1 599)

(827)

(1 227)

(1 999)

 

 

 

 

 

 

Comprehensive result

(16)

(1 599)

(827)

(1 227)

(1 999)

 

 

 

 

 

 

Notes:

1.   The decrease in Grants in 2016-17 reflects the completion of the Prosser River Entrance Stabilisation - Stage 1 project. The further decrease in 2017-18 reflects the completion of the St Helens Barway Stabilisation - Stage 2.

2.   The decrease in Sales of goods and services in 2016-17 reflects the timing of recreational boating licence renewals which occur every three years with the next renewal due on 30 June 2018.

3.   The decrease in Sales of goods and services across the Forward Estimates compared to the 2015‑16 Budget reflects a reduction in commercial vessel annual administration fees due to MAST's transition out of commercial vessel service delivery.

4.   The increase in Employee benefits in 2016-17 and 2017-18 reflects anticipated one off payments to staff due to MAST's changing staff levels resulting from its transition out of commercial vessel service delivery.

5.   The decrease in Supplies and consumables reflects revised estimates based on 30 June 2015 actuals.


Table 22.3:        Statement of Financial Position as at 30 June

 

2016)

 

Budget)

2017)

 

Budget)

2018)

Forward)

Estimate)

2019)

Forward)

Estimate)

2020)

Forward)

Estimate)

 

$'000)

$'000)

$'000)

$'000)

$'000)

 

 

 

 

 

 

Assets

 

 

 

 

 

Financial assets

 

 

 

 

 

Cash and deposits1

 2 561)

 1 009)

  917)

  535)

(553)

Receivables

  169)

  142)

  139)

  154)

  156)

 

 2 730)

 1 151)

 1 056)

  689)

(397)

Non-financial assets

 

 

 

 

 

Property, plant and equipment

  112)

  23)

  10)

....)

....)

Infrastructure2

 24 335)

 24 708)

 23 850)

 23 002)

 22 143)

Other assets

  44)

  39)

  38)

  35)

  34)

 

 24 491)

 24 770)

 23 898)

 23 037)

 22 177)

 

 

 

 

 

 

Total assets

 27 221)

 25 921)

 24 954)

 23 726)

 21 780)

 

 

 

 

 

 

Liabilities

 

 

 

 

 

Payables3

  424)

  343)

  334)

  411)

  410)

Employee benefits4

  692)

  755)

  624)

  546)

  600)

Total liabilities

 1 116)

 1 098)

  958)

  957)

 1 010)

 

 

 

 

 

 

Net assets (liabilities)

 26 105)

 24 823)

 23 996)

 22 769)

 20 770)

 

 

 

 

 

 

Equity

 

 

 

 

 

Reserves

 12 881)

 13 089)

 13 089)

 13 089)

 13 089)

Accumulated funds

 3 285)

 1 795)

  968)

(259)

(2 258)

Other equity

 9 939)

 9 939)

 9 939)

 9 939)

 9 939)

Total equity

 26 105)

 24 823)

 23 996)

 22 769)

 20 770)

 

 

 

 

 

 

Notes:

1.   Cash balances partly reflect the impact of the implementation of National Maritime Reforms. The actual financial impact is yet to be determined. Strategies are being developed and implemented by the Board to ensure that a negative cash balance is not realised.

2.   The increase in Infrastructure in 2017 reflects capital expenditure attributable to the St Helens Barway Stabilisation project.

3.   The variation in Payables in 2016-17 reflects revised estimates based on 30 June 2015 actuals.

4.   The variation in Employee benefits in 2016‑17 and 2017‑18 reflects the anticipated payment of employee entitlements due to MAST's changing staff levels due to its transition out of commercial vessel service delivery.


Table 22.4:        Statement of Cash Flows

 

2015-16)

 

Budget)

2016-17)

 

Budget)

2017-18)

Forward)

Estimate)

2018-19)

Forward)

Estimate)

2019-20)

Forward)

Estimate)

 

$'000)

$'000)

$'000)

$'000)

$'000)

 

 

 

 

 

 

Cash flows from operating activities

 

 

 

 

 

Cash inflows

 

 

 

 

 

Grants1

2 092)

1 592)

1 003)

 1 003)

 1 003)

Sales of goods and services2,3

 4 935)

 3 890)

 4 909)

 4 024)

 3 272)

GST receipts

  355)

  403)

  383)

  326)

  383)

Interest received

  66)

  67)

  68)

  70)

  68)

 Total cash inflows

 7 448)

 5 952)

 6 363)

 5 423)

 4 726)

 

 

 

 

 

 

Cash outflows

 

 

 

 

 

Employee benefits4

(1 724)

(1 984)

(2 099)

(1 445)

(1 485)

Superannuation

(190)

(194)

(156)

(142)

(146)

GST payments

(357)

(391)

(385)

(390)

(385)

Supplies and consumables5

(4 108)

(4 024)

(3 815)

(3 828)

(3 798)

Total cash outflows

(6 379)

(6 593)

(6 455)

(5 805)

(5 814)

 

 

 

 

 

 

Net cash from (used by) operating activities

 1 069)

(641)

(92)

(382)

(1 088)

 

 

 

 

 

 

Cash flows from investing activities

 

 

 

 

 

Payments for acquisition of non-financial assets

(1 089)

(589)

....)

....)

....)

Net cash from (used by) investing activities

(1 089)

(589)

....)

....)

....)

 

 

 

 

 

 

Net increase (decrease) in cash and cash equivalents held

(20)

(1 230)

(92)

(382)

(1 088)

 

 

 

 

 

 

Cash and deposits at the beginning of the reporting period

 2 581)

 2 239)

 1 009)

  917)

  535)

Cash and deposits at the end of the reporting period

 2 561)

 1 009)

  917)

  535)

(553)

 

 

 

 

 

 

Notes:

1.   The decrease in Grants in 2016-17 reflects the completion of the Prosser River Entrance Stabilisation - Stage 1 project. The further decrease in 2017-18 reflects the completion of the St Helens Barway Stabilisation - Stage 2.

2.   The decrease in Sales of goods and services in 2016-17 reflects the timing of recreational boating licence renewals which occur every three years with the next renewal due on 30 June 2018.

3.   The decrease in Sales of goods and services across the Forward Estimates compared to the 2015‑16 Budget reflects a reduction in commercial vessel annual administration fees due to MAST's transition out of commercial vessel service delivery.

4.   The increase in Employee benefits in 2016-17 and 2017-18 reflects anticipated one off payments to staff due to MAST's changing staff levels resulting from its transition out of commercial vessel service delivery.

5.   The decrease in Supplies and consumables reflects revised estimates based on 30 June 2015 actuals.