Royal Australian Mint
Section 1: Agency overview and resources; variations and measures
Overview
The Royal Australian Mint (the Mint) became a prescribed agency under the Financial Management and Accountability Act 1997 effective from 1 July 2005. The Mint is responsible for producing circulating and numismatic coin for Australia. The Mint also produces a range of high quality collector coins together with minted non-coin products including medallions. The Mint’s collector coin and minted non-coin business is commercial, within government set parameters.
Table 1.1: Agency outcomes and output groups
Additional estimates and variations to outcomes
With the Mint becoming a prescribed agency effective from 1 July 2005 a section 32 agreement transferred $4.2 million from Treasury.
Variations — measures
Table 1.2: Additional estimates and variations to outcomes – measures
This table is not applicable to the Mint.
Other variations to appropriations
Table 1.3: Additional estimates and variations to outcomes — other variations
Measures — agency summary
Table 1.4: Summary of measures since the 2005-06 Budget
This table is not applicable to the Mint.
Breakdown of additional estimates by appropriation bill
Table 1.5: Appropriation Bill (No. 3) 2005-06
This table is not applicable to the Mint.
Table 1.6: Appropriation Bill (No. 4) 2005-06
1 The Mint was consolidated as part of Treasury in the 2005-06 Portfolio Budget Statements.
2 The Mint became a prescribed agency under the Financial Management and Accountability Act 1997 effective from 1 July 2005 and a section 32 agreement transferred $4.2 million from Treasury.
Summary of staffing changes
Table 1.7: Average Staffing Level (ASL)
1 The Mint was consolidated as part of Treasury in the 2005-06 Portfolio Budget Statements.
Summary of agency savings
Table 1.8: Summary of agency savings
This table is not applicable to the Mint.
Other receipts available to be used
Table 1.9 provides details of other receipts available to be used and includes special accounts (non-appropriation receipts), and resources received free of charge.
There are no administered receipts that are available to be used.
Table 1.9: Other receipts available to be used
1 The Mint was consolidated as part of Treasury in the 2005-06 Portfolio Budget Statements.
Estimates of expenses from special appropriations
Table 1.10: Estimates of expenses from special appropriations
This table is not applicable to the Mint.
Estimates of special account flows
Table 1.11: Estimates of special account flows
1 The revised Opening Balance for 2005-06 is the same as the final closing balance for 2004-05. This balance may have changed from that shown in the 2005-06 Portfolio Budget Statements as the actual for 2004-05 may have been updated to reflect the final budget outcome. The balances shown above differ from those reported in Treasury Table 1.1 due to the exclusion of GST.
2 This special account is governed by the Financial Management and Accountability Act 1997 and was reported as part of Treasury in the 2005-06 Portfolio Budget Statements.