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Publication - Publication

The Scottish Government Consolidated Accounts 2015 to 2016

Published: 30 Sep 2016
ISBN:
9781786524881

Annual report of consolidated financial results of the Scottish Government, its executive agencies and the Crown Office, prepared in accordance with IFRS.

140 page PDF

746.5kB

140 page PDF

746.5kB

Contents
The Scottish Government Consolidated Accounts 2015 to 2016
Consolidated Statements of Comprehensive Net Expenditure and Changes in Taxpayers' Equity

140 page PDF

746.5kB

Consolidated Statements of Comprehensive Net Expenditure and Changes in Taxpayers' Equity

The Scottish Government
Consolidated Statements of Comprehensive Net Expenditure and Changes in Taxpayers' Equity
For the year ended 31 March 2016

Note General
Fund
Revaluation
Reserve
Total
£m £m £m
Balance at 1 April 2015 18,843 9,841 28,684
Net operating cost for the year (31,399) - (31,399)
Net gain/(loss) on revaluation/indexation of property, plant and equipment 5a - (79) (79)
Net gain/(loss) on asset transfers & adjustments (1) - (1)
Actuarial gain/(loss) on NHS Highland Pension Liability 3 - 3
Total Comprehensive Net Expenditure - (31,397) (79) (31,476)
Non Cash Charges
Non cash charges - auditor's remuneration 2a 3 - 3
Total Non Cash Charges 3 - 3
Other Reserve Movements
NHS Highland pension adjustment 4 - 4
Movement in working capital - non-territorial health boards (4) - (4)
Transfer of fixed assets (to)/from other bodies (8) (17) (25)
Transfers between reserves 166 (166) -
Non-current asset adjustments 478 (21) 457
Net movement on investment funds 1 - 1
Total Other Reserve Movements/Adjustments 637 (204) 433
Funding
Parliamentary Funding 31,100 - 31,100
Less funding to pensions schemes (360) - (360)
Less funding to NRS, OSCR, Scottish Courts and Tribunals Service, Revenue Scotland and Scottish Housing Regulator (104) - (104)
Net parliamentary funding drawn down 30,636 - 30,636
Funding from National Insurance Contributions 1,912 - 1,912
Movement of balance with the SCF 3 (11) - (11)
Net Funding Position 22 32,537 - 32,537
Net increase/(decrease) in year 1,780 (283) 1,497
Balance at 31 March 2016 20,623 9,558 30,181

The Scottish Government
Consolidated Statements of Comprehensive Net Expenditure and Changes in Taxpayers' Equity
For the year ended 31 March 2016

Note General
Fund
Restated
Revaluation
Reserve
Restated
Total
£m £m £m
Balance as at 1 April 2014 17,418 10,030 27,448
Net operating cost for the year (30,968) (30,968)
Net gain/(loss) on revaluation/indexation of property, plant and equipment 5a (127) (127)
Net gain/(loss) on asset transfers & adjustments -
Total Comprehensive Expenditure for the year ended 31 March 2015 (30,968) (127) (31,095)
Non Cash Charges
Non cash charges - auditor's remuneration 2a 2 - 2
Non current asset adjustment 97 39 136
Non cash charges - minor NHS adjustments 2a - - -
Total Non Cash Charges 99 39 138
Other Reserve Movements
Transfer of fixed assets (to)/from other bodies 122 (3) 119
NHS pension reserve movement - - -
Transfers between reserves 98 (98) -
Other adjustments (2) - (2)
Total Other Reserve Movements/Adjustments 218 (101) 117
Funding
Parliamentary Funding 30,617 - 30,617
Less funding to pensions schemes (404) - (404)
Less funding to NRS, OSCR, Scottish Court Service and Scottish Housing Regulator (98) - (98)
Net parliamentary funding drawn down 30,115 - 30,115
Funding from National Insurance Contributions 1,968 - 1,968
Movement of balance with the SCF (7) - (7)
Net Funding Position 22 32,076 - 32,076
Net increase/(decrease) in year 1,425 (189) 1,236
Balance at 31 March 2015 18,843 9,841 28,684

Explanation of Reserves:

General Fund - The General Fund represents the total assets less liabilities of the Scottish Government, to the extent that they are not represented by the revaluation reserve and financing items.

Revaluation Reserve - The Revaluation reserve reflects the unrealised element of the cumulative balance of indexation and revaluation adjustments (excluding donated assets).

The 2014/15 opening balances for the General Fund and Revaluation Reserve have been restated to reflect adjustments to the distribution of total taxpayers equity, that remains unchanged.


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