23    Inland Fisheries Service

Authority Outline

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 2023‑24 and over the Forward Estimates (2024‑25 to 2026‑27). Further information on the IFS is provided at www.ifs.tas.gov.au.

Key Deliverables

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; and

·       encouraging youth participation in angling by waiving junior angling fees.


·        

Detailed Budget Statements

Table 23.1:       Statement of Comprehensive Income

 

2022‑23 

2023‑24 

2024‑25 

2025‑26 

2026‑27 

 

 

 

Forward 

Forward 

Forward 

 

Budget 

Budget 

Estimate 

Estimate 

Estimate 

 

$'000 

$'000 

$'000 

$'000 

$'000 

 

 

 

 

 

 

Revenue and other income

 

 

 

 

 

Grants1

1 470 

1 461 

1 488 

1 246 

1 274 

Sales of goods and services

693 

734 

754 

771 

792 

Fees and fines

1 589 

1 638 

1 792 

1 747 

1 879 

Interest2

10 

85 

70 

55 

40 

Total revenue

3 762 

3 918 

4 104 

3 819 

3 985 

Total income

3 762 

3 918 

4 104 

3 819 

3 985 

 

 

 

 

 

 

Expenses

 

 

 

 

 

Employee benefits

2 352 

2 655 

2 755 

2 859 

2 966 

Depreciation and amortisation

226 

226 

226 

226 

226 

Supplies and consumables1

1 439 

1 502 

1 511 

1 300 

1 375 

Total expenses

4 017 

4 383 

4 492 

4 385 

4 567 

 

 

 

 

 

 

Net result

(255)

(465)

(388)

(566)

(582)

 

 

 

 

 

 

Comprehensive result

(255)

(465)

(388)

(566)

(582)

 

 

 

 

 

 

Notes:

1.    The decrease in Grants and Supplies and consumables in 2025‑26 reflects the completion of 2021 election commitments and fixed‑term 2020‑21 Budget initiatives.

2.    The variation in Interest revenue reflects higher interest rates in 2023‑24 and a declining cash balance from 2024‑25.


 

Table 23.2:       Statement of Financial Position as at 30 June

 

2023 

2024 

2025 

2026 

2027 

 

 

 

Forward 

Forward 

Forward 

 

Budget 

Budget 

Estimate 

Estimate 

Estimate 

 

$'000 

$'000 

$'000 

$'000 

$'000 

 

 

 

 

 

 

Assets

 

 

 

 

 

Financial assets

 

 

 

 

 

Cash and deposits1

1 620 

1 961 

1 745 

1 288 

823 

Investments2

630 

456 

456 

456 

456 

Receivables2

125 

32 

30 

28 

26 

 

2 375 

2 449 

2 231 

1 772 

1 305 

 

 

 

 

 

 

Non‑financial assets

 

 

 

 

 

Property, plant and equipment3

3 220 

4 633 

4 567 

4 505 

4 290 

Infrastructure

1 212 

1 015 

896 

857 

888 

Investment property

3 238 

3 862 

3 872 

3 877 

3 915 

 

7 670 

9 510 

9 335 

9 239 

9 093 

 

 

 

 

 

 

Total assets

10 045 

11 959 

11 566 

11 011 

10 398 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

Payables

63 

67 

57 

58 

17 

Employee benefits

757 

811 

816 

826 

836 

Total liabilities

820 

878 

873 

884 

853 

 

 

 

 

 

 

Net assets (liabilities)

9 225 

11 081 

10 693 

10 127 

9 545 

 

 

 

 

 

 

Equity

 

 

 

 

 

Reserves

2 754 

4 280 

4 280 

4 280 

4 280 

Accumulated funds

3 271 

3 601 

3 213 

2 647 

2 065 

Other Equity

3 200 

3 200 

3 200 

3 200 

3 200 

Total equity

9 225 

11 081 

10 693 

10 127 

9 545 

 

 

 

 

 

 

Notes:

1.    The increase in Cash and deposits in 2024 reflects the sale of assets in 2022‑23.

2.    The variation in this item in 2024 reflects revised estimates based on 30 June 2022 actuals.

3.    The increase in Property, plant and equipment in 2024 reflects the revaluation of assets.


 

Table 23.3:       Statement of Cash Flows

 

2022‑23 

2023‑24 

2024‑25 

2025‑26 

2026‑27 

 

 

 

Forward 

Forward 

Forward 

 

Budget 

Budget 

Estimate 

Estimate 

Estimate 

 

$'000 

$'000 

$'000 

$'000 

$'000 

 

 

 

 

 

 

Cash flows from operating activities

 

 

 

 

 

Cash inflows

 

 

 

 

 

Grants

1 470 

1 461 

1 488 

1 246 

1 274 

Sales of goods and services

693 

734 

754 

771 

792 

Fees and fines

1 589 

1 638 

1 792 

1 747 

1 879 

GST receipts

144 

151 

151 

130 

140 

Interest received

10 

85 

70 

55 

40 

Total cash inflows

3 906 

4 069 

4 255 

3 949 

4 125 

 

 

 

 

 

 

Cash outflows

 

 

 

 

 

Employee benefits

(2 122)

(2 408)

(2 499)

(2 593)

(2 690)

Superannuation

(230)

(247)

(256)

(266)

(276)

GST payments

(69)

(93)

(95)

(97)

(99)

Supplies and consumables

(1 439)

(1 502)

(1 511)

(1 300)

(1 375)

Total cash outflows

(3 860)

(4 250)

(4 361)

(4 256)

(4 440)

 

 

 

 

 

 

Net cash from (used by) operating activities

46 

(181)

(106)

(307)

(315)

 

 

 

 

 

 

Cash flows from investing activities

 

 

 

 

 

Payments for acquisition of non‑financial assets

(156)

(150)

(110)

(150)

(150)

Net cash from (used by) investing activities

(156)

(150)

(110)

(150)

(150)

 

 

 

 

 

 

Net increase (decrease) in cash and cash equivalents held

(110)

(331)

(216)

(457)

(465)

 

 

 

 

 

 

Cash and deposits at the beginning of the reporting period

1 730 

2 292 

1 961 

1 745 

1 288 

Cash and deposits at the end of the reporting period

1 620 

1 961 

1 745 

1 288 

823