Under the Inland Fisheries Act 1995, the Director of Inland Fisheries, through the Inland Fisheries Service, manages fisheries in all inland waters, which includes lakes, rivers, farm dams, registered private fisheries, ponds and aquaria.
The IFS has primary responsibility to:
· manage, control, protect, develop, improve, maintain and regulate salmon fisheries, fisheries in inland waters and freshwater fish;
· stock inland waters with fish;
· create, improve and maintain access to inland waters;
· provide facilities in respect of access to inland waters;
· carry out research and investigation into matters relating to salmon fisheries and fisheries in inland waters; and
· collect, publish and disseminate information relating to freshwater fish and inland waters.
The responsible Minister is the Minister for Primary Industries and Water, Hon Jo Palmer MLC, and the supporting agency is the Department of Natural Resources and Environment Tasmania.
This chapter provides the IFS’s financial information for 2022‑23 and over the Forward Estimates (2023‑24 to 2025‑26). Further information on the IFS is provided at www.ifs.tas.gov.au.
The IFS will continue to deliver initiatives funded in the 2021‑22 Budget, including:
· providing new and upgraded facilities and amenities for inland fishing and improved access;
· encouraging youth participation in angling by waiving junior angling fees; and
· implementing the Government’s Tagged Trout Promotion to encourage participation in the recreational trout fishery and supporting tourism in regional communities.
|
|
2021‑22 |
2022‑23 |
2023‑24 |
2024‑25 |
2025‑26 |
|
|
|
|
Forward |
Forward |
Forward |
|
|
Budget |
Budget |
Estimate |
Estimate |
Estimate |
|
|
$'000 |
$'000 |
$'000 |
$'000 |
$'000 |
|
|
|
|
|
|
|
|
Revenue and other income |
|
|
|
|
|
|
Grants1 |
1 721 |
1 470 |
1 453 |
1 478 |
1 239 |
|
Sales of goods and services |
684 |
693 |
710 |
727 |
744 |
|
Fees and fines |
1 518 |
1 589 |
1 640 |
1 692 |
1 744 |
|
Interest |
21 |
10 |
11 |
12 |
13 |
|
Total revenue |
3 944 |
3 762 |
3 814 |
3 909 |
3 740 |
|
Total income |
3 944 |
3 762 |
3 814 |
3 909 |
3 740 |
|
|
|
|
|
|
|
|
Expenses |
|
|
|
|
|
|
Employee benefits |
2 265 |
2 352 |
2 399 |
2 447 |
2 496 |
|
Depreciation and amortisation |
229 |
226 |
226 |
226 |
226 |
|
Supplies and consumables2 |
1 342 |
1 439 |
1 393 |
1 414 |
1 269 |
|
Total expenses |
3 836 |
4 017 |
4 018 |
4 087 |
3 991 |
|
|
|
|
|
|
|
|
Net result |
108 |
(255) |
(204) |
(178) |
(251) |
|
|
|
|
|
|
|
|
Comprehensive result |
108 |
(255) |
(204) |
(178) |
(251) |
|
|
|
|
|
|
|
Notes:
1. The variation in Grants reflects additional funding for 2021 election commitments and the completion of fixed term 2020‑21 Budget initiatives.
2. The variation in Supplies and consumables reflects the resumption of business activities, especially related to field work and the Trout Weekend.
|
|
2022 |
2023 |
2024 |
2025 |
2026 |
|
|
|
|
Forward |
Forward |
Forward |
|
|
Budget |
Budget |
Estimate |
Estimate |
Estimate |
|
|
$'000 |
$'000 |
$'000 |
$'000 |
$'000 |
|
|
|
|
|
|
|
|
Assets |
|
|
|
|
|
|
Financial assets |
|
|
|
|
|
|
Cash and deposits1 |
1 078 |
1 620 |
1 560 |
1 566 |
1 444 |
|
Investments |
572 |
630 |
630 |
630 |
630 |
|
Receivables |
119 |
125 |
130 |
130 |
110 |
|
|
1 769 |
2 375 |
2 320 |
2 326 |
2 184 |
|
|
|
|
|
|
|
|
Non‑financial assets |
|
|
|
|
|
|
Property, plant and equipment |
3 477 |
3 220 |
3 175 |
3 109 |
3 047 |
|
Infrastructure |
1 146 |
1 212 |
1 079 |
960 |
921 |
|
Investment property |
3 200 |
3 238 |
3 280 |
3 290 |
3 295 |
|
|
7 823 |
7 670 |
7 534 |
7 359 |
7 263 |
|
|
|
|
|
|
|
|
Total assets |
9 592 |
10 045 |
9 854 |
9 685 |
9 447 |
|
|
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
Payables |
55 |
63 |
66 |
70 |
73 |
|
Employee benefits |
780 |
757 |
767 |
772 |
782 |
|
Total liabilities |
835 |
820 |
833 |
842 |
855 |
|
|
|
|
|
|
|
|
Net assets (liabilities) |
8 757 |
9 225 |
9 021 |
8 843 |
8 592 |
|
|
|
|
|
|
|
|
Equity |
|
|
|
|
|
|
Reserves |
2 754 |
2 754 |
2 754 |
2 754 |
2 754 |
|
Accumulated funds |
2 803 |
3 271 |
3 067 |
2 889 |
2 638 |
|
Other Equity |
3 200 |
3 200 |
3 200 |
3 200 |
3 200 |
|
Total equity |
8 757 |
9 225 |
9 021 |
8 843 |
8 592 |
|
|
|
|
|
|
|
Note:
1. The increase in Cash and deposits in 2023 reflects forecast revenue from licence fees and revised cash flows for initiatives funded in previous Budgets.
|
|
2021‑22 |
2022‑23 |
2023‑24 |
2024‑25 |
2025‑26 |
|
|
|
|
Forward |
Forward |
Forward |
|
|
Budget |
Budget |
Estimate |
Estimate |
Estimate |
|
|
$'000 |
$'000 |
$'000 |
$'000 |
$'000 |
|
|
|
|
|
|
|
|
Cash flows from operating activities |
|
|
|
|
|
|
Cash inflows |
|
|
|
|
|
|
Grants |
1 721 |
1 470 |
1 453 |
1 478 |
1 239 |
|
Sales of goods and services |
684 |
693 |
710 |
727 |
744 |
|
Fees and fines |
1 518 |
1 589 |
1 640 |
1 692 |
1 744 |
|
GST receipts |
129 |
144 |
139 |
141 |
127 |
|
Interest received |
21 |
10 |
11 |
12 |
13 |
|
Total cash inflows |
4 073 |
3 906 |
3 953 |
4 050 |
3 867 |
|
|
|
|
|
|
|
|
Cash outflows |
|
|
|
|
|
|
Employee benefits |
(2 053) |
(2 122) |
(2 164) |
(2 208) |
(2 252) |
|
Superannuation |
(212) |
(230) |
(235) |
(239) |
(244) |
|
GST payments |
(63) |
(69) |
(71) |
(73) |
(74) |
|
Supplies and consumables |
(1 342) |
(1 439) |
(1 393) |
(1 414) |
(1 269) |
|
Total cash outflows |
(3 670) |
(3 860) |
(3 863) |
(3 934) |
(3 839) |
|
|
|
|
|
|
|
|
Net cash from (used by) operating activities |
403 |
46 |
90 |
116 |
28 |
|
|
|
|
|
|
|
|
Cash flows from investing activities |
|
|
|
|
|
|
Payments for acquisition of non‑financial assets |
(250) |
(156) |
(150) |
(110) |
(150) |
|
Net cash from (used by) investing activities |
(250) |
(156) |
(150) |
(110) |
(150) |
|
|
|
|
|
|
|
|
Net increase (decrease) in cash and cash equivalents held |
153 |
(110) |
(60) |
6 |
(122) |
|
|
|
|
|
|
|
|
Cash and deposits at the beginning of the reporting period |
925 |
1 730 |
1 620 |
1 560 |
1 566 |
|
Cash and deposits at the end of the reporting period |
1 078 |
1 620 |
1 560 |
1 566 |
1 444 |
|
|
|
|
|
|
|