Financial performance at a glance

The following is a brief summary of the overall financial position of the agency. The information is unaudited. Full audited financial statements for 2020-21 are attached to this report.

The department recorded an unfavourable net result of $15.9 million in 2020 21, compared with the favourable net result of $2.7 million estimated in the revised budget.

The unfavourable variance is mainly attributable to the revaluation of an asset transferred to AGD as part of the Planning and Local Government machinery of government change during 2020-21.

The South Australian Integrated Land Information System (SAILIS) is operated and maintained by Land Services SA on behalf of the State. The SAILIS system is a data service concession asset and measured at current replacement cost. The value of the asset transferred to AGD was $294.8m, which was revalued down to $264.1m at 30 June 2021. The impact of this revaluation is reported as a loss on revaluation in the financial statements ($30.7m). This revaluation decrement was due to the inputs associated with the revaluation model, mainly a change in the overhead cost per record and the volume of records used to calculate the value. This is detailed further in note 5.4 of the financial statements.

View the detailed 2020-21 financial statements (PDF, 36.6 MB) and notes to the accounts.

The increase in income and expenses in 2020-21 compared to 2019-20 is mainly attributable to the Planning and Local Government function transferring to AGD from DIT. Total operating income for 2020-21, including appropriation, was $338.0 million. Income from State Government appropriations accounted for around 56% of total income. A summary of income by source is shown in the figure below.

Income by category 2020-21

Total expenses were $357.9 million in 2020-21.

A summary of expenses by category is shown in the figure below.

Expenses by category 2020-21

Statement of Financial Position

AGD’s net assets increased significantly during 2020-21 mainly due to Planning and Local Government machinery of government change during 2020-21. The detailed 2020-21 financial statements and notes to the accounts are presented in the Appendices.

Account Payment Performance

Treasurer’s Instruction 11 requires all undisputed accounts to be paid within 30 days of the date of the receipt of the invoice or claim unless there is a discount or written agreement between the agency and the creditor.

The department was able to pay 92.8% of all invoices within 30 calendar days (99.2% in 2019-20). The remaining 7.2% of invoices reflect both disputed accounts and late payment of undisputed accounts.

Consultants disclosure

The following is a summary of external consultants that have been engaged by the agency, the nature of work undertaken, and the actual payments made for the work undertaken during the financial year.

Data for previous years is available at: https://data.sa.gov.au/data/organization/attorney-general-s-dept

See also the Consolidated Financial Report of the Department of Treasury and Finance for total value of consultancy contracts across the South Australian Public Sector.

Contractors