Scottish Government Consolidated Accounts 2015 to 2016
Annual report of consolidated financial results of the Scottish Government, its executive agencies and the Crown Office, prepared in accordance with IFRS.
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.
Contact
There is a problem
Thanks for your feedback