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Financial performance

 

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 2020-2021 are attached to this report.

The fees paid by teachers fund the operation of the Board with no financial support from external sources, including South Australian or Commonwealth Governments, other than reimbursement of expenditure incurred. Financial sustainability is critical for the Board with prudent financial modelling over a three-year period, aligning with the registration cycle for teachers.

Statement of Comprehensive Income

2020-21 Budget
$000s

2020-21 Actual
$000s
Variation
$000s
2019-20 Actual
$000s
Total Income 4,499 4,538 39 4,216
Total Expenses 5,256 4,753 503 4,599
Net result (757) (215) 542 (383)
Total Comprehensive Result (757) (215) 542 (383)

 

Statement of Financial Position

2020-21 Actual
$000s

2019-20 Actual
$000s

Current assets 9,396 10,132
Non-current assets 527 411
Total assets 9,923 10,543
Current liabilities 526 508
Non-current liabilities 758 1,181
Total liabilities 1,284 1,689
Net assets 8,639 8,854
Equity 8,639 8,854

 

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.

Consultancies with a contract value above $10,000 each

Consultancies Purpose $ Actual payment
Alfemi Consulting Cyber security assessment and action plan $12,000
     

 

Contractors disclosure

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

Contractors with a contract value below $10,000 each

Consultancies Purpose $ Actual payment
All contractors below $10,000 each - combined Various $167,995

 

 

 

Contractors with a contract value above $10,000

Consultancies Purpose $ Actual payment
Orion Enterprise business Solutions ICT maintenance and support services $282,535
Australian Criminal Intelligence Commission (ACIC) Controlled access to National Police Checking Service (NPCS)  $269,246
Loftus IT ICT maintenance and suport services.  $190,305
Hays Temporary staff services $139,703
Hoban Recruitment Pty Ltd Temporary staff services $102,029
Xmplify Pty Ltd Enhancements required to the CRM system $66,273
Australia Post postage services, primarily Registration Certificates $34,674
Data#3 LTD Supplier of ICT software licences $32,465
Genesys Cloud Services Pty Ltd maintenance of telephone hardware and software $29,542
Frontier Software Payroll system $27, 271
LeighSet Design Printing of information for teachers $15,270
Cinderella's Services Pty Ltd Cleaning of the TRB tenancy $12,692
Optus Internet service provision $10,645
  Total $1,219,650

 

The details of South Australian Government-awarded contracts for goods, services, and works are displayed on the SA Tenders and Contracts website. View the agency list of contracts.

The website also provides details of across government contracts.