EMHS 2021–22 financial summary
Total cost of services (expense limit)
Sourced from statement of comprehensive income
2021-22 target $000
2021-22 actual $000
Variation $000
The primary reasons for the variance in the total cost of services (expense limit) and the net cost of services were due to increased expenditure on:
- COVID-19 related employee benefits, as staffing increased (by about 25% in full time equivalent staff) and backfill costs due to staff on furlough. Also, long service leave accrued for casual staff was unfunded;
- Patient support costs due to increased expenditure on medical, surgical and diagnostic supplies, pathology, personal protective equipment and clothing, domestic charges and drug supplies related to COVID;
- Loss on revaluation on land;
- Repairs, maintenance and consumables, due to equipment purchases and building alterations for COVID and non-funded capital and non-capital purchases on various capital projects;
- Contract services due to COVID, which led to increased staffing (25% uplift) and backfill costs due to staff on furlough at SJGMPH.
Net cost of services
Sourced from statement of comprehensive income
2021-22 target $000
2021-22 actual $000
Variation $000
The primary reasons for the variance in the total cost of services (expense limit) and the net cost of services were due to increased expenditure on:
- COVID-19 related employee benefits, as staffing increased (by about 25% in full time equivalent staff) and backfill costs due to staff on furlough. Also, long service leave accrued for casual staff was unfunded;
- Patient support costs due to increased expenditure on medical, surgical and diagnostic supplies, pathology, personal protective equipment and clothing, domestic charges and drug supplies related to COVID;
- Loss on revaluation on land;
- Repairs, maintenance and consumables, due to equipment purchases and building alterations for COVID and non-funded capital and non-capital purchases on various capital projects;
- Contract services due to COVID, which led to increased staffing (25% uplift) and backfill costs due to staff on furlough at SJGMPH.
Total equity
Sourced from statement of financial position
2021-22 target $000
2021-22 actual $000
Variation $000
The primary reasons for the increase in total equity compared to initial estimates were:
- EMHS drew down less capital than originally estimated, as increased construction costs placed pressure on capital budgets and project delays due to manufacturing, logistical and supply chain issues related to COVID;
- Increase in the value of EMHS’ building assets due to increases in the building indices used for valuation purposes.
Net decrease in cash held
Sourced from statement of cash flow
2021-22 target $000
2021-22 actual $000
Variation $000
The variation between actual cash balance held compared to the target was primarily due to higher employee benefits and supplies and services expenditure. While EMHS’ cash inflows from State Government were higher compared to the estimate, this increase in cash inflows was less than the total payments made in operating activities.
Approved salary expense level
Sourced from statement of comprehensive income
2021-22 target $000
2021-22 actual $000
Variation $000
The reasons for the variation in the final salary expense compared to the approved salary limit in the initial estimates were due to COVID, which led to increased expenditure on employee benefits as staffing increased (by about 25% in full time equivalent staff) and backfill costs due to staff on furlough. Also, long service leave accrued for casual staff was unfunded.