Back to the 2020 Annual Report
Financial performance
Financial performance at a glance
The CEIH prepared financial statements based on Tier 2 requirements (commonly known as reduced disclosure requirements), following the Department of Treasury and Finance's approval to apply Tier 2 (in line with AASB 1053 Application of Tiers of Australian Accounting Standards). The Australian Accounting Standards Board implemented Tier 2 reporting requirements to substantially reduce the disclosure burden of many small to medium size Australian entities when preparing general purpose financial reports, ensuring these entities financial statements are relevant to and meet users’ needs.
The following is a brief summary of the CEIH’s overall financial position. The information is unaudited. Full audited financial statements for 2019-20 are attached to this report. The 2019-20 financial statements reflect the first time adoption of the Leasing Standard (AASB 16) and Revenue Standards (AASB 15 and AASB 1058).
The CEIH financial summary |
|
Financial summary ($000) |
2019-20 |
Total income |
4 656 |
Total expenses |
4 275 |
Net result for the period |
381 |
Net cash provided by operating activities |
988 |
Total assets |
1 229 |
Total liabilities |
1 480 |
Net assets |
(251) |
Consultants disclosure
The following is a summary of external consultants that have been engaged by the CEIH, the nature of work undertaken and the actual payments made for the work undertaken during the financial year.
Consultancies with a contract value below $10,000 each
Consultancies |
Purpose |
$ Actual payment |
All consultancies below $10,000 each - combined |
n/a |
Nil |
Consultancies with a contract value above $10,000 each
Consultancies |
Purpose |
$ Actual payment |
Deloitte Risk Advisory Pty Ltd |
Professional services for the Data and Analytics Plan |
$ 68,005 |
Total |
$ 68,005 |
Data for previous years are not available as the CEIH was established on 6 January 2020.
See also the Consolidated Financial Report of the Department of Treasury and Finance for total value of consultancy contracts across the South Australian Public Sector.
Contractors disclosure
The following is a summary of external contractors that have been engaged by the CEIH, 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
Contractors |
Purpose |
$ Actual payment |
All contractors below $10,000 each - combined |
Various |
$1,715 |
Contractors with a contract value above $10,000 each
Contractors |
Purpose |
$ Actual payment |
Southern Adelaide Local Health Network |
Reimbursement for Statewide Clinical Network Leads. |
$122,013 |
CSIRO |
Professional services for various projects including Syndromic Surveillance of COVID-19 outbreak in South Australia and SNOMED CT and FHIR to support analytics. |
$59,500 |
KWP Advertising Pty Ltd |
Various services including social media management and guideline development, strategic planning, creation of roadmaps and developing communication strategies. |
$48,870 |
Northern Adelaide Local Health Network |
Reimbursement for Statewide Clinical Network Lead. |
$44,865 |
HFL Leadership |
Strategic Planning and delivery of workshop. |
$19,125 |
Central Adelaide Local Health Network |
Reimbursement for a project lead to identify initiatives across SA Health to improve the safe use of medicines, radiology and pathology and to make recommendations on how future initiatives could be undertaken. |
$11,930 |
Rodeo Creative Pty Ltd |
Brand strategy development, workshop lead and project management |
$10,940 |
Total |
$317,243 |
Data for previous years are not available as the CEIH was established on 6 January 2020.
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.