Establishment—recurrent expenditure (depreciation) (financial year), total Australian currency N[N(8)]
Data Element Attributes
Identifying and definitional attributes | |
Metadata item type: | Data Element |
---|---|
Short name: | Recurrent expenditure—depreciation |
METEOR identifier: | 722668 |
Registration status: | Health, Standard 16/01/2020 |
Definition: | Depreciation charges measured in Australian dollars for a financial year. |
Data element concept attributes | |
Identifying and definitional attributes | |
Data element concept: | Establishment—recurrent expenditure (depreciation) |
---|---|
METEOR identifier: | 269721 |
Registration status: | Health, Standard 01/03/2005 |
Definition: | Depreciation represents the expensing of a long-term asset over its useful life and is related to the basic accounting principle of matching revenue and expenses for the financial period. Depreciation charges for the current financial year only should be shown as expenditure. Where intangible assets are amortised (such as with some private hospitals) this should also be included in recurrent expenditure. |
Context: | Health expenditure: This metadata item has been retained for national minimum data sets because of its significance for the private sector. Current period depreciation charges form a significant component of expenditure for any health establishment whose financial statements are based on accrual accounting. |
Object class: | Establishment |
Property: | Recurrent expenditure |
Value domain attributes | |
Identifying and definitional attributes | |
Value domain: | Total Australian currency N[N(8)] |
---|---|
METEOR identifier: | 270563 |
Registration status: | Aged Care, Standard 30/06/2023 Community Services (retired), Standard 27/04/2007 Disability, Standard 07/10/2014 Early Childhood, Standard 21/05/2010 Health, Standard 01/03/2005 National Health Performance Authority (retired), Retired 01/07/2016 |
Definition: | Total number of Australian dollars. |
Representational attributes | ||
Representation class: | Total | |
---|---|---|
Data type: | Currency | |
Format: | N[N(8)] | |
Maximum character length: | 9 | |
Unit of measure: | Australian currency (AU$) |
Source and reference attributes | |
Submitting organisation: | Australian Institute of Health and Welfare |
---|
Data element attributes | |
Collection and usage attributes | |
Guide for use: | Record values up to hundreds of millions of dollars. Rounded to the nearest whole dollar. Depreciation is to be reported by service setting (admitted patient care, residential care, ambulatory care). For admitted patient care settings, depreciation is to be disaggregated by specialised mental health service program type and specialised mental health service target population, together. This may include depreciation of buildings or other depreciation costs. A building is a rigid, fixed and permanent structure which has a roof (ABS 2011). Building depreciation includes depreciation charges for buildings and fixed fit-out such as items fitted to the building (e.g. lights, partitions etc.). This item includes charges from public private partnerships (PPP) involving the supply and use of buildings. For this purpose, 'supply' is considered to be the interest payments on the building and 'use' is considered to be the expenditure through the special purpose vehicle. Maintenance and repairs are excluded. A PPP contract may also include expense for other expenditure such as cleaning or security services. Expenditure relating to these services will be reported under the appropriate category such as Domestic services. Only PPP Interest and Special Purposes Vehicle (SPV) expense should be reported as Depreciation. |
---|---|
Comments: | With the long-term trend towards accrual accounting in the public sector, this metadata item will ultimately become significant for public sector establishments. Public sector establishments in some states have adopted modified accrual accounting identifying depreciation only, before reaching full accrual accounting. Depreciation is now reported for most public sector establishments and should be reported as a separate recurrent expenditure. Depreciation should be identified separately from other recurrent expenditure categories. |
Source and reference attributes | |
Origin: | National Health Data Committee |
Relational attributes | |
Related metadata references: | Supersedes Establishment—recurrent expenditure (depreciation) (financial year), total Australian currency N[N(8)] Health, Superseded 16/01/2020 |
Implementation in Data Set Specifications: | Mental health establishments NMDS 2020–21 Health, Superseded 20/01/2021 Implementation start date: 01/07/2020 Implementation end date: 30/06/2021 Mental health establishments NMDS 2021–22 Health, Superseded 17/12/2021 Implementation start date: 01/07/2021 Implementation end date: 30/06/2022 Mental health establishments NMDS 2022–23 Health, Superseded 09/12/2022 Implementation start date: 01/07/2022 Implementation end date: 30/06/2023 Mental health establishments NMDS 2023–24 Health, Superseded 06/12/2023 Implementation start date: 01/07/2023 Implementation end date: 30/06/2024 Mental health establishments NMDS 2024–25 Health, Standard 06/12/2023 Implementation start date: 01/07/2024 Implementation end date: 30/06/2025 |