MINISTER FOR ROADS, MINISTER FOR ECONOMIC REFORM, MINISTER FOR PORTS AND MINISTER FOR THE HUNTER
50 ROADS AND TRAFFIC AUTHORITY
PROGRAM SUMMARY
_______2004-05_______ 2005-06
Budget Revised Budget
$000 $000 $000
TOTAL ROADS PROGRAM
Operating expenses * 1,480,881 1,546,538 1,601,958
Capital expenditure 1,308,515 1,331,255 1,280,650
Total Roads Program 2,789,396 2,877,793 2,882,608
* (excludes depreciation of infrastructure assets)
Consolidated Fund Appropriations to
the Total Roads Program
Commonwealth road funds 473,110 491,110 457,340
Federation Fund 12,000 20,462 …
ATSB blackspots 14,287 14,287 14,287
Interstate vehicle registrations 24,000 24,000 25,000
Motor vehicle taxation 981,000 1,000,000 1,046,000
Heavy vehicle overloading fines 3,700 3,700 3,793
M4/M5 cashback 77,000 77,000 83,000
Untied Commonwealth roads funds 140,600 140,600 144,100
Consolidated Fund 689,694 698,236 716,465
Total 2,415,391 2,469,395 2,489,985
SUMMARY OF AVERAGE STAFFING
Average Staffing (EFT)
2004-05 2005-06
AUTHORITY TOTAL 6,830 6,800
(Details of average staffing for the RTA are not available across programs.)
MINISTER FOR ROADS, MINISTER FOR ECONOMIC REFORM, MINISTER FOR PORTS AND MINISTER FOR THE HUNTER
50 ROADS AND TRAFFIC AUTHORITY
_______2004-05_______ 2005-06
Budget Revised Budget
$000 $000 $000
OPERATING STATEMENT
Expenses -
Operating expenses -
Employee related 222,263 218,977 226,503
Other operating expenses 423,010 484,746 476,547
Maintenance 707,491 706,225 740,078
Depreciation and amortisation 585,609 699,663 717,619
Grants and subsidies 51,362 56,802 85,013
Borrowing costs 67,375 68,354 62,427
Other expenses 771 771 771
Total Expenses 2,057,881 2,235,538 2,308,958
Less:
Retained Revenue -
Sales of goods and services 247,363 256,286 252,939
Investment income 10,275 10,275 10,150
Grants and contributions 33,904 52,660 50,487
Other revenue 53,058 48,403 71,192
Total Retained Revenue 344,600 367,624 384,768
Gain/(loss) on disposal of non current assets 49 47 64
NET COST OF SERVICES 1,713,232 1,867,867 1,924,126
MINISTER FOR ROADS, MINISTER FOR ECONOMIC REFORM, MINISTER FOR PORTS AND MINISTER FOR THE HUNTER
50 ROADS AND TRAFFIC AUTHORITY
_______2004-05_______ 2005-06
Budget Revised Budget
$000 $000 $000
CASH FLOW STATEMENT
CASH FLOWS FROM OPERATING ACTIVITIES
Payments
Employee Related 214,724 211,438 218,775
Grants and subsidies 52,133 57,573 85,784
Finance costs 62,800 63,800 57,600
Other 1,314,413 1,374,883 1,401,753
Total Payments 1,644,070 1,707,694 1,763,912
Receipts
Sale of goods and services 247,890 256,813 253,493
Interest 10,275 10,275 10,150
Other 201,805 218,147 218,313
Total Receipts 459,970 485,235 481,956
NET CASH FLOWS FROM OPERATING ACTIVITIES (1,184,100) (1,222,459) (1,281,956)
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sale of property, plant and equipment 52,609 52,651 32,624
Purchases of property, plant and equipment (1,223,023) (1,245,795) (1,203,734)
Advances made (2,367) (28) (2,019)
NET CASH FLOWS FROM INVESTING ACTIVITIES (1,172,781) (1,193,172) (1,173,129)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from borrowings and advances ... 1,500 8,290
Repayment of borrowings and advances (82,200) (82,200) (82,400)
NET CASH FLOWS FROM FINANCING ACTIVITIES (82,200) (80,700) (74,110)
CASH FLOWS FROM GOVERNMENT
Recurrent appropriation 1,400,219 1,419,761 1,467,398
Capital appropriation 1,015,172 1,049,634 1,022,587
NET CASH FLOWS FROM GOVERNMENT 2,415,391 2,469,395 2,489,985
NET INCREASE/(DECREASE) IN CASH (23,690) (26,936) (39,210)
Opening Cash and Cash Equivalents 288,145 277,437 250,501
CLOSING CASH AND CASH EQUIVALENTS 264,455 250,501 211,291
MINISTER FOR ROADS, MINISTER FOR ECONOMIC REFORM, MINISTER FOR PORTS AND MINISTER FOR THE HUNTER
50 ROADS AND TRAFFIC AUTHORITY
_______2004-05_______ 2005-06
Budget Revised Budget
$000 $000 $000
CASH FLOW STATEMENT (cont)
CASH FLOW RECONCILIATION
Net cost of services (1,713,232) (1,867,867) (1,924,126)
Non cash items added back 540,463 656,812 657,554
Change in operating assets and liabilities (11,331) (11,404) (15,384)
Net cash flow from operating activities (1,184,100) (1,222,459) (1,281,956)
MINISTER FOR ROADS, MINISTER FOR ECONOMIC REFORM, MINISTER FOR PORTS AND MINISTER FOR THE HUNTER
50 ROADS AND TRAFFIC AUTHORITY
_______2004-05_______ 2005-06
Budget Revised Budget
$000 $000 $000
STATEMENT OF FINANCIAL POSITION
ASSETS -
Current Assets -
Cash assets 264,455 250,501 211,291
Receivables 87,325 117,814 117,814
Inventories 6,549 6,565 6,013
Other 5,317 7,142 7,142
Total Current Assets 363,646 382,022 342,260
Non Current Assets -
Receivables 2,226 2,226 2,744
Other financial assets 71,308 71,308 73,327
Property, plant and equipment -
Land and building 3,214,293 3,238,412 3,253,412
Plant and equipment 55,672 81,167 68,700
Infrastructure systems 59,364,173 66,314,171 66,763,538
Other 927,513 942,422 1,007,866
Total Non Current Assets 63,635,185 70,649,706 71,169,587
Total Assets 63,998,831 71,031,728 71,511,847
LIABILITIES -
Current Liabilities -
Payables 333,940 474,769 470,906
Interest bearing 43,406 28,617 28,617
Provisions 76,752 88,250 95,978
Other 59,720 78,782 88,593
Total Current Liabilities 513,818 670,418 684,094
Non Current Liabilities -
Interest bearing 776,172 792,915 723,632
Provisions 424,170 370,848 580,262
Other 387,640 387,387 727,169
Total Non Current Liabilities 1,587,982 1,551,150 2,031,063
Total Liabilities 2,101,800 2,221,568 2,715,157
NET ASSETS 61,897,031 68,810,160 68,796,690
MINISTER FOR ROADS, MINISTER FOR ECONOMIC REFORM, MINISTER FOR PORTS AND MINISTER FOR THE HUNTER
50 ROADS AND TRAFFIC AUTHORITY
_______2004-05_______ 2005-06
Budget Revised Budget
$000 $000 $000
STATEMENT OF FINANCIAL POSITION (cont)
EQUITY
Reserves 20,172,964 27,264,603 27,264,603
Accumulated funds 41,724,067 41,545,557 41,532,087
TOTAL EQUITY 61,897,031 68,810,160 68,796,690
MINISTER FOR ROADS, MINISTER FOR ECONOMIC REFORM, MINISTER FOR PORTS AND MINISTER FOR THE HUNTER
50 ROADS AND TRAFFIC AUTHORITY
50.1 Road Network Infrastructure
50.1.1 Network Development
Program Objective(s): To develop the State's road network focusing on strategic routes to promote economic growth, improve road safety, encourage greater use of public transport and meet environmental targets.
Program Description: Planning, designing, scheduling and organising the development of road and bridge works.
Units 2002-03 2003-04 2004-05 2005-06
Outcomes:
Value of benefit of annual development
program $m 2,147 2,349 2,478 2,478
Community satisfaction with road
network development % 61 66 66 66
Outputs:
Major works completed within -
10% of planned duration after
approved date % 91 86 90 90
_______2004-05_______ 2005-06
Budget Revised Budget
$000 $000 $000
OPERATING STATEMENT
Expenses -
Operating expenses -
Employee related 5,414 5,414 5,414
Other operating expenses 40,267 55,992 56,866
Depreciation and amortisation 577,000 689,000 707,000
Grants and subsidies
Local Government - capital grants 42,850 38,029 66,600
Grant to Transport Infrastructure Development
Corporation ... 9,000 7,300
Borrowing costs
Interest on T-Corp loans 59,800 60,800 54,600
Guarantee fee payments 3,000 3,000 3,000
Amortisation of discount on borrowings with
T-Corp 4,575 4,554 4,827
MINISTER FOR ROADS, MINISTER FOR ECONOMIC REFORM, MINISTER FOR PORTS AND MINISTER FOR THE HUNTER
50 ROADS AND TRAFFIC AUTHORITY
50.1 Road Network Infrastructure
50.1.1 Network Development (cont)
OPERATING STATEMENT (cont)
Other expenses
Contribution to the National Transport
Commission 771 771 771
Total Expenses 733,677 866,560 906,378
Less:
Retained Revenue -
Sales of goods and services
Rents and leases 3,105 3,105 3,105
Road tolls 25,021 25,804 28,084
Minor sales of goods and services 16,820 18,267 17,356
Investment income 5,136 5,136 5,075
Grants and contributions 30,904 43,800 45,852
Other revenue 53,058 48,403 71,192
Total Retained Revenue 134,044 144,515 170,664
Gain/(loss) on disposal of non current assets 49 47 64
NET COST OF SERVICES 599,584 721,998 735,650
CAPITAL EXPENDITURE 979,169 992,917 956,107
MINISTER FOR ROADS, MINISTER FOR ECONOMIC REFORM, MINISTER FOR PORTS AND MINISTER FOR THE HUNTER
50 ROADS AND TRAFFIC AUTHORITY
50.1 Road Network Infrastructure
50.1.2 Maintenance
Program Objective(s): To maintain the RTA's infrastructure (roads and bridges) to ensure reliability, safety and retained value. Support Councils' management of their secondary arterial road network.
Program Description: Manage the primary arterial road network infrastructure as a long-term renewable asset through a program of maintenance and reconstruction works. Provide financial assistance grants to Local Government to assist Councils manage their secondary arterial road network. Manage the provision of disaster repairs for public roads.
Units 2002-03 2003-04 2004-05 2005-06
Outcomes:
Pavement durability -
Good % 79 81 77 76
Fair % 16 14 17 17
Poor % 5 6 6 7
Ride Quality -
Good % 90 90 89 88
Fair % 8 8 9 10
Poor % 2 2 2 2
Outputs:
Maintenance and reconstruction
expenditure on National Highways
and State roads
- per kilometre of roadway $000 31 38 38 37
- per million vehicle kilometres travelled $000 14 17 17 17
_______2004-05_______ 2005-06
Budget Revised Budget
$000 $000 $000
OPERATING STATEMENT
Expenses -
Operating expenses -
Employee related 7,756 7,216 7,216
Other operating expenses 19,669 14,846 14,851
Maintenance 617,401 611,057 635,807
Depreciation and amortisation 2,870 3,555 3,540
Total Expenses 647,696 636,674 661,414
MINISTER FOR ROADS, MINISTER FOR ECONOMIC REFORM, MINISTER FOR PORTS AND MINISTER FOR THE HUNTER
50 ROADS AND TRAFFIC AUTHORITY
50.1 Road Network Infrastructure
50.1.2 Maintenance (cont)
Less:
Retained Revenue -
Sales of goods and services
Rents and leases 15,878 15,930 14,284
Permits 800 800 800
Road tolls 48,258 47,475 45,561
Minor sales of goods and services 25,230 27,401 26,033
Investment income 3,083 3,083 3,045
Grants and contributions 1,250 3,569 1,879
Total Retained Revenue 94,499 98,258 91,602
NET COST OF SERVICES 553,197 538,416 569,812
CAPITAL EXPENDITURE 163,178 169,326 164,635
MINISTER FOR ROADS, MINISTER FOR ECONOMIC REFORM, MINISTER FOR PORTS AND MINISTER FOR THE HUNTER
50 ROADS AND TRAFFIC AUTHORITY
50.2 Road Safety, Licensing and Vehicle Management
50.2.1 Road Safety, Licensing and Vehicle Management
Program Objective(s): To reduce the trauma and cost to the community of road deaths and injuries. To reduce adverse impacts of vehicles on roads and on the environment. To ensure compliance with driver licensing and vehicle registration requirements.
Program Description: Implementing initiatives to increase safe road use behaviour, ensure that drivers and cyclists are eligible and competent, ensure that vehicles meet road worthiness and emission standards, and ensure that a high standard of customer service is maintained.
Units 2002-03 2003-04 2004-05 2005-06
Outcomes:
Fatalities per 100,000 population no. 7.8 8.3 7.3 6.7
Fatalities per 100 million vehicle kms
travelled no. 0.8 0.8* 0.7* 0.6*
Customers rating service as "good or
very good" % 94 92 90 90
Outputs:
Driver/rider tests thous 188.6 207.8 227.0 247.0
New licences issued thous 171.7 146.2** 146.4 146.6
Licences on issue mill 4.7 4.7 4.8 4.9
Registered vehicles mill 4.6 4.8 4.9 5.0
Motor Registries -
Cost per transaction $ 6.0 5.8 6.0 6.2
Weighted transactions per net hour
worked no. 15.1 16.1 16.0 16.0
State funded Accident Blackspot
treatments no. 127 134 130 130
School crossing supervisor sites no. 600 637 670 695
* Estimates based on projected fatalities and a 4.5 percent growth in vehicle kilometres travelled.
** Method for counting records revised from January 2004.
MINISTER FOR ROADS, MINISTER FOR ECONOMIC REFORM, MINISTER FOR PORTS AND MINISTER FOR THE HUNTER
50 ROADS AND TRAFFIC AUTHORITY
50.2 Road Safety, Licensing and Vehicle Management
50.2.1 Road Safety, Licensing and Vehicle Management (cont)
_______2004-05_______ 2005-06
Budget Revised Budget
$000 $000 $000
OPERATING STATEMENT
Expenses -
Operating expenses -
Employee related 184,758 181,801 188,500
Other operating expenses 216,875 250,687 239,950
Depreciation and amortisation 5,021 6,219 6,194
Grants and subsidies
Road safety programs - payments to general
government agencies 8,512 8,863 10,313
Total Expenses 415,166 447,570 444,957
Less:
Retained Revenue -
Sales of goods and services
Plate fees 55,009 55,009 57,006
Third party insurance data access fees 9,864 11,500 11,800
Fine default fees - commission 5,328 5,328 5,521
Minor sales of goods and services 33,640 36,534 34,711
Investment income 1,013 1,013 1,000
Grants and contributions 1,250 3,568 1,879
Total Retained Revenue 106,104 112,952 111,917
NET COST OF SERVICES 309,062 334,618 333,040
CAPITAL EXPENDITURE 22,818 23,987 23,809
MINISTER FOR ROADS, MINISTER FOR ECONOMIC REFORM, MINISTER FOR PORTS AND MINISTER FOR THE HUNTER
50 ROADS AND TRAFFIC AUTHORITY
50.3 Traffic and Transport
50.3.1 Traffic and Transport
Program Objective(s): To maximise the efficiency of moving people and goods by better managing the road network and encouraging the use of alternatives to the motor car.
Program Description: Improving road network performance through traffic control systems, managing incidents and route management strategies. Providing priority for buses, improving facilities for cyclists and pedestrians and maintaining traffic facilities assets.
Units 2002-03 2003-04 2004-05 2005-06
Outcomes:
Average peak hour speed on seven major
routes in Sydney -
Morning peak kmh 34 34 33 33
Afternoon peak kmh 41 41 40 40
Outputs:
Traffic signals in operation no. 3,330 3,410 3,490 3,570
Pedestrian Access & Mobility Plans* no. 48 54 68 82
Railway Level Crossings - major
upgrades (per annum) no. 10 8 12 12
Cycleway length -
Off-road cycleways KM. 1,030 1,125 1,210 1,290
On-road cycleways KM. 2,040 2,135 2,235 2,360
Bus and Transit Lane length -
Bus Lanes KM. 75 76 76 89
Transit lanes KM. 106 86 86 86
T-Way Lanes KM. 31 31 31 31**
* Locality plans for town suburban precincts developed by local councils with assistance from the RTA to provide pedestrian treatments deemed necessary.
** A further 17 km of T-Way lanes are under construction in 2005-06 between Parramatta and Rouse Hill, and are due for completion in 2006-07.
MINISTER FOR ROADS, MINISTER FOR ECONOMIC REFORM, MINISTER FOR PORTS AND MINISTER FOR THE HUNTER
50 ROADS AND TRAFFIC AUTHORITY
50.3 Traffic and Transport
50.3.1 Traffic and Transport (cont)
_______2004-05_______ 2005-06
Budget Revised Budget
$000 $000 $000
OPERATING STATEMENT
Expenses -
Operating expenses -
Employee related 24,335 24,546 25,373
Other operating expenses 69,199 86,221 81,880
Maintenance 90,090 95,168 104,271
Depreciation and amortisation 718 889 885
Grants and subsidies
Public Transport Infrastructure Improvement
Program ... 910 800
Total Expenses 184,342 207,734 213,209
Less:
Retained Revenue -
Sales of goods and services
Minor sales of goods and services 8,410 9,133 8,678
Investment income 1,043 1,043 1,030
Grants and contributions 500 1,723 877
Total Retained Revenue 9,953 11,899 10,585
NET COST OF SERVICES 174,389 195,835 202,624
CAPITAL EXPENDITURE 47,136 48,605 46,771
MINISTER FOR ROADS, MINISTER FOR ECONOMIC REFORM, MINISTER FOR PORTS AND MINISTER FOR THE HUNTER
50 ROADS AND TRAFFIC AUTHORITY
50.4 M4/M5 Cashback Scheme
50.4.1 M4/M5 Cashback Rebates
Program Objective(s): To reimburse tolls to motorists driving New South Wales privately registered vehicles on the M4 and M5 Motorways.
Program Description: Reimbursing motorists directly for the toll component paid using Electronic Toll Tags on the M4 and M5 Motorways when driving
New South Wales privately registered cars and motorcycles.
Units 2002-03 2003-04 2004-05 2005-06
Outputs:
M4/M5 cashback claims paid no. 334,000 410,000 500,000 550,000
_______2004-05_______ 2005-06
Budget Revised Budget
$000 $000 $000
OPERATING STATEMENT
Expenses -
Operating expenses -
Other operating expenses 77,000 77,000 83,000
Total Expenses 77,000 77,000 83,000
NET COST OF SERVICES 77,000 77,000 83,000
MINISTER FOR ROADS, MINISTER FOR ECONOMIC REFORM, MINISTER FOR PORTS AND MINISTER FOR THE HUNTER
NSW MARITIME AUTHORITY
_______2004-05_______ 2005-06
Budget Revised Budget
$000 $000 $000
OPERATING STATEMENT
Retained Revenue -
Sales of goods and services 53,625 56,326 58,087
Investment income 2,625 6,920 5,540
Retained taxes, fees and fines 30,500 31,845 34,153
Grants and contributions 23,234 488 4,700
Other revenue 20,216 8,555 14,477
Total Retained Revenue 130,200 104,134 116,957
Less:
Expenses -
Operating Expenses -
Employee related 29,812 27,927 31,512
Other operating expenses 11,833 12,846 11,910
Maintenance 12,004 25,182 13,775
Depreciation and amortisation 8,221 10,969 8,114
Grants and subsidies 2,139 2,480 2,863
Borrowing costs 12,976 14,208 15,469
Total Expenses 76,985 93,612 83,643
Gain/(loss) on disposal of non current assets 15,358 (278) 84
SURPLUS/(DEFICIT) BEFORE DISTRIBUTIONS 68,573 10,244 33,398
Distributions -
Dividends and capital repatriations 146,333 12,620 16,505
SURPLUS/(DEFICIT) AFTER DISTRIBUTIONS (77,760) (2,376) 16,893
MINISTER FOR ROADS, MINISTER FOR ECONOMIC REFORM, MINISTER FOR PORTS AND MINISTER FOR THE HUNTER
NSW MARITIME AUTHORITY
_______2004-05_______ 2005-06
Budget Revised Budget
$000 $000 $000
CASH FLOW STATEMENT
CASH FLOWS FROM OPERATING ACTIVITIES
Receipts
Sale of goods and services 47,726 54,658 58,087
Interest (76) 4,394 5,621
Other 122,170 83,977 16,832
Total Receipts 169,820 143,029 80,540
Payments
Employee Related 34,117 31,092 30,658
Grants and subsidies 2,139 2,480 2,863
Finance costs 12,976 14,208 15,469
Other 109,823 79,281 18,678
Total Payments 159,055 127,061 67,668
NET CASH FLOWS FROM OPERATING ACTIVITIES 10,765 15,968 12,872
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sale of property, plant and equipment 115,024 723 750
Purchases of property, plant and equipment (15,962) (22,607) (15,656)
NET CASH FLOWS FROM INVESTING ACTIVITIES 99,062 (21,884) (14,906)
CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of borrowings and advances ... (2,340) (2,214)
Dividends paid (146,333) (9,000) (15,940)
NET CASH FLOWS FROM FINANCING ACTIVITIES (146,333) (11,340) (18,154)
NET INCREASE/(DECREASE) IN CASH (36,506) (17,256) (20,188)
Opening Cash and Cash Equivalents 52,644 71,842 54,586
CLOSING CASH AND CASH EQUIVALENTS 16,138 54,586 34,398
CASH FLOW RECONCILIATION
Surplus/(deficit) for year before distributions 68,573 10,244 33,398
Non cash items added back (5,560) 10,969 (5,667)
Change in operating assets and liabilities (52,248) (5,245) (14,859)
Net cash flow from operating activities 10,765 15,968 12,872
MINISTER FOR ROADS, MINISTER FOR ECONOMIC REFORM, MINISTER FOR PORTS AND MINISTER FOR THE HUNTER
NSW MARITIME AUTHORITY
_______2004-05_______ 2005-06
Budget Revised Budget
$000 $000 $000
STATEMENT OF FINANCIAL POSITION
ASSETS -
Current Assets -
Cash assets 16,138 54,586 34,398
Receivables 8,659 4,607 4,526
Other financial assets 51,262 51,779 51,779
Inventories 102 54 54
Other 3,544 104 104
Total Current Assets 79,705 111,130 90,861
Non Current Assets -
Receivables 11,093 9,456 7,899
Investment properties ... ... 174,099
Property, plant and equipment -
Land and building 96,844 195,550 47,681
Plant and equipment 16,603 15,215 16,953
Infrastructure systems 273,558 258,403 251,092
Other 4,971 4,450 ...
Total Non Current Assets 403,069 483,074 497,724
Total Assets 482,774 594,204 588,585
LIABILITIES -
Current Liabilities -
Payables 6,618 42,566 29,133
Interest bearing 2,338 2,214 2,097
Provisions 2,844 18,736 27,726
Other 32,436 23,050 2,211
Total Current Liabilities 44,236 86,566 61,167
Non Current Liabilities -
Interest bearing 14,750 12,535 10,438
Provisions 16,297 11,126 11,384
Other 6,706 8,310 2,500
Total Non Current Liabilities 37,753 31,971 24,322
Total Liabilities 81,989 118,537 85,489
NET ASSETS 400,785 475,667 503,096
MINISTER FOR ROADS, MINISTER FOR ECONOMIC REFORM, MINISTER FOR PORTS AND MINISTER FOR THE HUNTER
NSW MARITIME AUTHORITY
_______2004-05_______ 2005-06
Budget Revised Budget
$000 $000 $000
STATEMENT OF FINANCIAL POSITION (cont)
EQUITY
Reserves 72,305 72,305 40,435
Accumulated funds 328,480 403,362 462,661
TOTAL EQUITY 400,785 475,667 503,096
Budget Estimates 2005-06 17 -
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