22               Inland Fisheries Service

Authority Outline

The Inland Fisheries Service has wide statutory powers under the Inland Fisheries Act 1995 to regulate, manage and protect freshwater fish and improve fisheries in inland waters.

The responsible Minister is the Minister for Primary Industries and Water, Hon Sarah Courtney MP, and the supporting agency is the Department of Primary Industries, Parks, Water and Environment.

The IFS manages Tasmania’s inland fisheries for the benefit of anglers and the Tasmanian community. This requires management of:

·       Tasmanian inland recreational fisheries;

·       inland commercial fisheries and associated aquaculture industries; and

·       conservation of native fish and control of pest fish.

This chapter provides the IFS’s financial information for 2018-19 and over the Forward Estimates period (2019-20 to 2021-22). Further information on the IFS is provided at www.ifs.tas.gov.au.

Key Deliverables

Growing our world-class inland fisheries

A range of initiatives will support participation and growth in Tasmania’s trout fishery. The initiatives include:

·       Anglers access program - The Government is providing $200 000, from 2019-20 to 2021-22, to expand the IFS’s Anglers access program across priority lakes and rivers in the North West, North East, and Derwent Catchment in partnership with Anglers Alliance Tasmania and local angling clubs;

·       Cheaper to go trout fishing - The Government is providing $300 000 to freeze inland trout fishing licences at 2017-18 prices over the next four years. This initiative will make it cheaper to go trout fishing. The funding provided will fully offset the revenue the Inland Fisheries Service would have otherwise received; and

·       Upgrading Amenities at High Visitation Trout Waters - The Government is providing $300 000, over two years, for the IFS, in collaboration with Anglers Alliance Tasmania and local authorities, to build and upgrade existing and new community amenities to support high-visitation fishing locations with a focus on potential World Fly Fishing Championship 2019 venues.

The above initiatives are complemented by a number of other initiatives to be delivered by the Department of Primary Industries, Parks, Water and Environment.


Detailed Budget Statements

Table 22.1:       Statement of Comprehensive Income1

 

2017-18 

2018-19 

2019-20 

2020-21 

2021-22 

 

 

 

Forward 

Forward 

Forward 

 

Budget 

Budget 

Estimate 

Estimate 

Estimate 

 

$'000 

$'000 

$'000 

$'000 

$'000 

 

 

 

 

 

 

Revenue and other income from transactions

 

 

 

 

 

Grants2

1 123 

1 433 

1 383 

1 318 

1 403 

Sales of goods and services

639 

619 

627 

635 

644 

Fees and fines

1 634 

1 646 

1 662 

1 679 

1 695 

Interest

50 

42 

43 

43 

44 

Total revenue and other income from transactions

3 446 

3 740 

3 715 

3 675 

3 786 

 

 

 

 

 

 

Expenses from transactions

 

 

 

 

 

Employee benefits3

2 223 

2 303 

2 149 

2 173 

2 204 

Depreciation and amortisation

284 

286 

290 

293 

296 

Supplies and consumables4

1 306 

1 349 

1 269 

1 259 

1 268 

Total expenses from transactions

3 813 

3 938 

3 708 

3 725 

3 768 

 

 

 

 

 

 

Net result from transactions (net operating balance)

(367)

(198)

(50)

18 

 

 

 

 

 

 

Net result

(367)

(198)

(50)

18 

 

 

 

 

 

 

Other economic flows - other non-owner changes in

equity

 

 

 

 

 

Changes in physical asset revaluation reserve5

120 

.... 

150 

.... 

.... 

Total other economic flows - other non-owner

changes in equity

120 

.... 

150 

.... 

.... 

 

 

 

 

 

 

Comprehensive result

(247)

(198)

157 

(50)

18 

 

 

 

 

 

 

Notes:

1.   Authority estimates do not include the indexation impact of any variations to Authority expenditure that have been made since the finalisation of the Revised Estimates Report 2017-18 (including December Quarterly Report). For further information see chapter 1 of this Budget Paper.

2.   The variation in Grants across the Budget and Forward Estimates reflects additional funding for a range of ‘Growing our world‑class inland fisheries’ initiatives.

3.   The decrease in Employee benefits in 2019-20 reflects a reduction in salaries due to the cessation of fixed-term staff within the Carp Management Program, in 2018-19, and the refocusing of effort as the expected carp eradication nears achievement.

4.   The variation in Supplies and consumables across the Budget and Forward Estimates reflects the refocusing of effort as the expected carp eradication nears achievement and the timing of ‘Growing our world-class inland fisheries’ initiatives expenditure.

5.   The movements in Changes in physical asset revaluation reserve relate to the revaluation of property in line with the Valuer‑General’s revaluation cycle.


Table 22.2:       Statement of Financial Position as at 30 June

 

2018 

2019 

2020 

2021 

2022 

 

 

 

Forward 

Forward 

Forward 

 

Budget 

Budget 

Estimate 

Estimate 

Estimate 

 

$'000 

$'000 

$'000 

$'000 

$'000 

 

 

 

 

 

 

Assets

 

 

 

 

 

Financial assets

 

 

 

 

 

Cash and deposits1

1 672 

1 410 

1 596 

1 885 

2 192 

Receivables1

150 

80 

95 

81 

86 

 

1 822 

1 490 

1 691 

1 966 

2 278 

 

 

 

 

 

 

Non-financial assets

 

 

 

 

 

Property, plant and equipment1

4 273 

3 597 

3 461 

3 125 

2 789 

Infrastructure

120 

320 

420 

420 

420 

Investment property1

2 894 

3 433 

3 351 

3 389 

3 427 

 

7 287 

7 350 

7 232 

6 934 

6 636 

 

 

 

 

 

 

Total assets

9 109 

8 840 

8 923 

8 900 

8 914 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

Payables1

75 

155 

145 

159 

169 

Employee benefits2

594 

725 

661 

674 

660 

Total liabilities

669 

880 

806 

833 

829 

 

 

 

 

 

 

Net assets (liabilities)

8 440 

7 960 

8 117 

8 067 

8 085 

 

 

 

 

 

 

Equity

 

 

 

 

 

Reserves

2 308 

2 235 

2 385 

2 385 

2 385 

Accumulated funds

2 932 

2 525 

2 532 

2 482 

2 500 

Other equity

3 200 

3 200 

3 200 

3 200 

3 200 

Total equity

8 440 

7 960 

8 117 

8 067 

8 085 

 

 

 

 

 

 

Notes:

1.   The variations in this item in 2019 reflects revised estimates based on 30 June 2017 actuals.

2.   The decrease in Employee benefits in 2020 reflects a reduction in salaries due to the cessation of fixed-term staff within the Carp Management Program and the refocusing of effort as the expected carp eradication nears achievement.


Table 22.3:       Statement of Cash Flows

 

2017-18 

2018-19 

2019-20 

2020-21 

2021-22 

 

 

 

Forward 

Forward 

Forward 

 

Budget 

Budget 

Estimate 

Estimate 

Estimate 

 

$'000 

$'000 

$'000 

$'000 

$'000 

 

 

 

 

 

 

Cash flows from operating activities

 

 

 

 

 

Cash inflows

 

 

 

 

 

Grants1

1 123 

1 433 

1 383 

1 318 

1 403 

Sales of goods and services

639 

619 

627 

635 

644 

Fees and fines

1 634 

1 646 

1 662 

1 679 

1 695 

GST receipts

80 

90 

90 

64 

64 

Interest received

50 

42 

43 

43 

44 

Total cash inflows

3 526 

3 830 

3 805 

3 739 

3 850 

 

 

 

 

 

 

Cash outflows

 

 

 

 

 

Employee benefits2

(2 009)

(2 093)

(1 941)

(1 963)

(1 991)

Superannuation

(214)

(210)

(208)

(210)

(213)

GST payments

(80)

(62)

(63)

(64)

(64)

Supplies and consumables3

(1 306)

(1 201)

(1 307)

(1 213)

(1 275)

Total cash outflows

(3 609)

(3 566)

(3 519)

(3 450)

(3 543)

 

 

 

 

 

 

Net cash from (used by) operating activities

(83)

264 

286 

289 

307 

 

 

 

 

 

 

Cash flows from investing activities

 

 

 

 

 

Payments for acquisition of non-financial assets4

(120)

(200)

(100)

.... 

.... 

Net cash from (used by) investing activities

(120)

(200)

(100)

.... 

.... 

 

 

 

 

 

 

Net increase (decrease) in cash and cash equivalents

held

(203)

64 

186 

289 

307 

 

 

 

 

 

 

Cash and deposits at the beginning of the reporting

period

1 875 

1 346 

1 410 

1 596 

1 885 

Cash and deposits at the end of the reporting period

1 672 

1 410 

1 596 

1 885 

2 192 

 

 

 

 

 

 

Notes:

1.   The variation in Grants across the Budget and Forward Estimates reflects additional funding for a range of ‘Growing our world‑class inland fisheries’ initiatives.

2.   The decrease in Employee benefits in 2019-20 reflects a reduction in salaries due to the cessation of fixed-term staff within the Carp Management Program, in 2018-19, and the refocusing of effort as the expected carp eradication nears achievement.

3.   The variation in Supplies and consumables across the Budget and Forward Estimates reflects the refocusing of effort as the expected carp eradication nears achievement and the timing of ‘Growing our world‑class inland fisheries’ initiatives expenditure.

4.   Payments for acquisition of non-financial assets in 2018-19 and 2019-20 reflects the capital expenditure associated with the implementation of ‘Growing our world‑class inland fisheries’ initiatives.