23    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 Guy Barnett 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 2020‑21 and over the Forward Estimates (2021‑22 to 2023‑24). Further information on the IFS is provided at www.ifs.tas.gov.au.

Key Deliverables

Table 23.1 provides a summary of the Budget and Forward Estimates allocations for key deliverables within the Authority.

Table 23.1:       Key Deliverables Statement

 

2020-21

 

Budget

2021-22

Forward

Estimate

2022-23

Forward

Estimate

2023-24

Forward

Estimate

 

$'000

$'000

$'000

$'000

COVID-19 Response and Recovery Measures

 

 

 

 

Public Building Maintenance Program

245

….

….

….

 

 

 

 

 

Other Key Deliverables

 

 

 

 

Anglers Access Program

50

100

….

….

Anglers Alliance Tasmania support

55

60

….

….

Cheaper To Go Trout Fishing

90

120

….

….

 

 

 

 

 

 

COVID-19 Response and Recovery Measures

Public Building Maintenance Program

Funding of $245 000 has been provided for the IFS in 2020‑21 as part of the Government’s Public Building Maintenance Program. Projects to be delivered include the development of the New Norfolk Business Office, and grounds rehabilitation for the Salmon Ponds Heritage Gardens.

Other Key Deliverables

A range of initiatives announced in the 2018‑19 Budget are continuing to support participation and growth in Tasmania’s trout fishery.

Anglers Access Program

To expand the IFS’s Anglers Access Program across priority lakes and rivers in the North West, North East, and Derwent Catchment, funding totalling $200 000 has been provided for three years from 2019‑20. This initiative is in partnership with Anglers Alliance Tasmania and local angling clubs.

Anglers Alliance Tasmania support

Funding of $215 000 over four years from 2018‑19 has been provided for Anglers Alliance Tasmania, the peak group representing 26 000 trout anglers, to support its work to improve the trout fishery and support anglers.

Cheaper To Go Trout Fishing

Funding of $300 000 over four years from 2018‑19 has been provided to freeze inland trout fishing licences at 2017‑18 prices, until 2023‑24. This initiative makes it cheaper to go trout fishing, and the funding will fully offset the revenue the IFS would have otherwise received.

 

 


 

Detailed Budget Statements

Table 23.2:       Statement of Comprehensive Income

 

2019‑20 

2020‑21 

2021‑22 

2022‑23 

2023‑24 

 

 

 

Forward 

Forward 

Forward 

 

Budget 

Budget 

Estimate 

Estimate 

Estimate 

 

$'000 

$'000 

$'000 

$'000 

$'000 

 

 

 

 

 

 

Revenue and other income

 

 

 

 

 

Grants1

1 383 

1 563 

1 403 

1 123 

1 123 

Sales of goods and services

627 

586 

744 

762 

777 

Fees and fines

1 654 

1 360 

1 413 

1 465 

1 567 

Interest2

43 

20 

21 

22 

22 

Total revenue

3 707 

3 529 

3 581 

3 372 

3 489 

Total income

3 707 

3 529 

3 581 

3 372 

3 489 

 

 

 

 

 

 

Expenses

 

 

 

 

 

Employee benefits

2 274 

2 272 

2 267 

2 259 

2 286 

Depreciation and amortisation

290 

229 

229 

229 

229 

Supplies and consumables

1 355 

1 276 

1 299 

1 259 

1 278 

Total expenses

3 919 

3 777 

3 795 

3 747 

3 793 

 

 

 

 

 

 

Net result

(212)

(248)

(214)

(375)

(304)

 

 

 

 

 

 

Other comprehensive income

 

 

 

 

 

Changes in physical asset revaluation reserve3

150 

.... 

.... 

.... 

.... 

Total other comprehensive income

150 

.... 

.... 

.... 

.... 

 

 

 

 

 

 

Comprehensive result

(62)

(248)

(214)

(375)

(304)

 

 

 

 

 

 

Notes:

1.    The decrease in Grants in 2022‑23 reflects the completion of additional funding for a range of ‘Growing our world‑class inland fisheries’ initiatives.

2.    The decrease in Interest from 2020-21 reflects a decline in short term deposit rates and a reduction in cash available for investment.

3.    The variation in Changes in physical asset revaluation reserve relates to the revaluation of property in line with the Valuer‑General’s revaluation cycle.


 

Table 23.3:       Statement of Financial Position as at 30 June

 

2020 

2021 

2022 

2023 

2024 

 

 

 

Forward 

Forward 

Forward 

 

Budget 

Budget 

Estimate 

Estimate 

Estimate 

 

$'000 

$'000 

$'000 

$'000 

$'000 

 

 

 

 

 

 

Assets

 

 

 

 

 

Financial assets

 

 

 

 

 

Cash and deposits

1 675 

1 497 

1 512 

1 366 

1 291 

Receivables1

28 

157 

147 

163 

93 

 

1 703 

1 654 

1 659 

1 529 

1 384 

 

 

 

 

 

 

Non‑financial assets

 

 

 

 

 

Property, plant and equipment

3 792 

3 701 

3 627 

3 428 

3 213 

Infrastructure2

300 

1 017 

896 

710 

741 

Investment property

3 495 

3 200 

3 238 

3 276 

3 314 

 

7 587 

7 918 

7 761 

7 414 

7 268 

 

 

 

 

 

 

Total assets

9 290 

9 572 

9 420 

8 943 

8 652 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

Payables3

203 

23 

30 

32 

35 

Employee benefits

664 

667 

722 

618 

628 

Total liabilities

867 

690 

752 

650 

663 

 

 

 

 

 

 

Net assets (liabilities)

8 423 

8 882 

8 668 

8 293 

7 989 

 

 

 

 

 

 

Equity

 

 

 

 

 

Reserves

2 502 

2 904 

2 904 

2 904 

2 904 

Accumulated funds

2 721 

2 778 

2 564 

2 189 

1 885 

Other Equity

3 200 

3 200 

3 200 

3 200 

3 200 

Total equity

8 423 

8 882 

8 668 

8 293 

7 989 

 

 

 

 

 

 

Notes:

1.    The increase in Receivables from 2021 reflects a budgeted increase in sales of fish and ancillary products.

2.    The increase in Infrastructure in 2021 reflects new amenities constructed in the Central Highlands, and a change in classification of fish traps from buildings to infrastructure.

3.    The decrease in Payables in 2021 reflects the Government’s initiative to reduce payment terms from 30 days to 14 days.


 

Table 23.4:       Statement of Cash Flows

 

2019‑20 

2020‑21 

2021‑22 

2022‑23 

2023‑24 

 

 

 

Forward 

Forward 

Forward 

 

Budget 

Budget 

Estimate 

Estimate 

Estimate 

 

$'000 

$'000 

$'000 

$'000 

$'000 

 

 

 

 

 

 

Cash flows from operating activities

 

 

 

 

 

Cash inflows

 

 

 

 

 

Grants1

1 383 

1 563 

1 403 

1 123 

1 123 

Sales of goods and services

627 

586 

744 

762 

777 

Fees and fines

1 654 

1 360 

1 413 

1 465 

1 567 

GST receipts

172 

58 

74 

76 

77 

Interest received2

43 

20 

21 

22 

22 

Total cash inflows

3 879 

3 587 

3 655 

3 448 

3 566 

 

 

 

 

 

 

Cash outflows

 

 

 

 

 

Employee benefits

(2 066)

(2 065)

(2 060)

(2 052)

(2 077)

Superannuation

(208)

(207)

(207)

(207)

(209)

GST payments

(101)

(110)

(105)

(108)

(112)

Supplies and consumables

(1 393)

(1 224)

(1 268)

(1 227)

(1 243)

Total cash outflows

(3 768)

(3 606)

(3 640)

(3 594)

(3 641)

 

 

 

 

 

 

Net cash from (used by) operating activities

111 

(19)

15 

(146)

(75)

 

 

 

 

 

 

Cash flows from investing activities

 

 

 

 

 

Payments for acquisition of non‑financial assets

(100)

(200)

.... 

.... 

.... 

Net cash from (used by) investing activities

(100)

(200)

.... 

.... 

.... 

 

 

 

 

 

 

Net increase (decrease) in cash and cash equivalents held

11 

(219)

15 

(146)

(75)

 

 

 

 

 

 

Cash and deposits at the beginning of the reporting period

1 664 

1 716 

1 497 

1 512 

1 366 

Cash and deposits at the end of the reporting period

1 675 

1 497 

1 512 

1 366 

1 291 

 

 

 

 

 

 

Notes:

1.    The decrease in Grants in 2022‑23 reflects the completion of additional funding for a range of ‘Growing our world‑class inland fisheries’ initiatives.

2.    The decrease in Interest received from 2020-21 reflects a decline in short term deposit rates and a reduction in cash available for investment.