Page 49 - Statement of Intent 2015/16
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4.1.2.2 Financial performance reporting
As part of our annual planning process we submit a set of financial templates to the Ministry of Health. The templates inform the tables and narrative presented in module four. We report monthly to the Ministry of Health against the financial templates. We report on our financial performance monthly to our Board. This report includes commentary and financials as well as actions planned to improve financial performance.
As part of our financial reporting we include full time equivalent (FTE) reporting. This covers areas like:
Accrued FTE
Management / Administration FTE Cap
Clinical FTE
Out Sourced Services FTE
The information on our financial performance is one of the tools used by the organisation to identify issues and inform decision-making to improve our performance.
4.1.3 Funding and Financial Management
The following table sets out our key financial indicators:
Summary
2013/14 $M ACTUAL
2014/15 $M FORECAST
2015/16 $M PLANNED
2016/17 $M PLANNED
2017/18 $M PLANNED
2018/19 $M PLANNED
Revenue
1,224
1,251
1,291
1,321
1,351
1,381
Net Surplus/(Deficit)
4
(3)
2
2
2
2
Total Fixed Assets
604
601
618
632
633
608
Net Assets
245
239
240
240
242
245
Term Borrowings and Liabilities
226
227
247
262
260
249
Summary
2013/14 $M ACTUAL
2014/15 $M FORECAST
2015/16 $M PLANNED
2016/17 $M PLANNED
2017/18 $M PLANNED
2018/19 $M PLANNED
Net Surplus/(Deficit)
4
(3)
2
2
2
2
4.1.4 National Health Sector Agencies
We are expected to align our planning with the planning intentions key national agencies. Each of these national agencies has initiatives for the 2015/16 year, which will impact on our DHB. The national agencies are:
Health Shared Services
National Health Promotion Agency
Health Quality and Safety Commission
Health Workforce New Zealand
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