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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 derived from audited statements of the Auditor-General’s Department. Full audited financial statements for 2019-20 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

2019-20 Budget

2019-20 Actual
2018-19 Actual
Expenses 5,121 4,599 522 4,545
Revenues 4,115 4,216 101 4,324
Net result (1,006) (383) 623 (221)
Total Comprehensive Result (1,006) (383) 623 (221)


Statement of Financial Position

2019-20 Actual

2018-19 Actual

Current assets 10,132 10,429
Non-current assets 411 420
Total assets 10,543 10,849
Current liabilities 508 449
Non-current liabilities 1,181 1,163
Total liabilities 1,689 1,612
Net assets 8,854 9237
Equity 8,854 9,237


Consultants 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

Consultancies Purpose $ Actual payment
All contractors below $10,000 each - combined Various $38,000


Contractors disclosure

Contractors with a contract value above $10,000

Consultancies Purpose $ Actual payment
Australian Criminal Intelligence Commission (ACIC) Controlled access to National Police Checking Service (NPCS) to conduct 11,206 Nationally Coordinated Criminal Record Checks. $257,700
Frontier Software Provide payroll services for TRB employees. $20,050
Orion ICT Maintenance and support services in relation to core operating system Microsoft CRM. $36,000
Loftus IT Services ICT Maintenance and support services in relation to ICT infrastructure and security compliance. $89,000
  Total $402,750


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.