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Financial performance at a glance

As at 30 June 2020, the Board had a net equity of $244 million, representing $250 million of assets offset by $6 million of liabilities. The current asset balance of $9.4 million primarily represented cash and receivables. The non-current asset balance of $240 million mainly represented land and buildings, which were revalued during the year, equipment and the research and heritage collections. The majority of the liabilities balance reflected $4.41 million in employee provisions and $1.57 million payable to suppliers.

The following is a brief summary of the overall financial position of the agency. The information is unaudited. Full audited financial statements for 2019-20 are attached to this report.

Statement of Comprehensive Income 2019-20 Budget $000s 2019-20 Actual $000s Variation $000s 2018-19 Actual $000s
Total Income 37 264 37 736 472 38 377
Total Expenses 40 435 38 361 2 074 39 989
Net Result (3 171) (625) (3 841) (1 612)
Total Comprehensive Result (3 171)* 28 347** 25 176 (1 212)

* The deficit budget results is due to expenditure in 2019-20 associated with funding budgeted and received in 2018-19.

** The total comprehensive result is due to a revaluation of Land and Buildings during the year. Please refer to the audited Financial Statements for more information.

Statement of Financial Position 2019-20 Budget $000s 2019-20 Actual $000s Variation $000s 2018-19 Actual $000s
Current assets 5 235 9 396 4161 9 206
Non-current assets 210 375 240 339 29 964 211 744
Total assets 215 560 249 735 34 175 220 950
Current liabilities 3 456 3 002 (454) 3 032
Non-current liabilities 2 488 2 989 501 2 961
Total liabilities 5 944 5 991 47 5 993
Net assets 209 666 243 744 34 078 214 957
Equity 209 666 243 744 34 078 214 957

Consultants disclosure

The following is a summary of external consultants that have been engaged by the agency, 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
Nil   Nil

Consultancies with a contract value above $10,000 each

Consultancies Purpose $ Actual payment
Meld Studios Pty Ltd Future Service Model Project $ 234,000
Mark Hocknell Outcome Based Measures Workshop $ 11,250
  Total $ 245,250

View data for previous years.

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 agency, 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 $50,073

Contractors with a contract value above $10,000 each

Contractors Purpose $ Actual payment
Andrea Hensing-Matto State Library – audio engineering $ 40,915
KDN Services Public Library Services – procurement project management $15,525
Charles Kendall Australia State Library – procurement services for Digital Preservation system $19,794
KPPM Strategy State Library Customer Technology Project, Published Collections Project, Research Library Project, Future Service Model Project $72,812
Enid Woodley Oral History review $36,000
Sabrenet Public Library Internet Improvement Installation $46,391
Bitfield Pty Ltd SAPLN Enterprise Upgrade $28,158
FYB Pty Ltd Electronic Records Management System upgrade $20,702
Cyberops Pty Ltd Public Library ICT Security Assessment $17,700
Raising Literacy Australia Literacy Framework $20,000
University of Melbourne ARC project - Measuring Value of Libraries $10,000
Hays Recruiting State Library – Corporate and ICT support $129,342
  Total $ 457,339

View data for previous years.

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.

Other financial information

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Other information

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