Publication - Corporate report
The Scottish Government Consolidated Accounts for the year ended 31 March 2018
Annual report of consolidated financial results of the Scottish Government, its Executive Agencies and the Crown Office, prepared in accordance with IFRS
3. Note to the Cash Flow Statement
3a. Adjustment to Operating Activities for Non-cash Transactions
| 2017-18 Net |
2016-17 Net |
|
|---|---|---|
| £m | £m | |
| Depreciation | 438 | 463 |
| Impairment/Write-backs | 48 | 57 |
| Total Capital Charges | 486 | 520 |
| Loss/(Profit) on disposal of property, plant and equipment | (8) | (27) |
| Change arising on revaluation of assets held for sale | - | 1 |
| Capitalised Interest - financial assets | (53) | (45) |
| Investment fair value adjustment | 69 | 131 |
| Income from donated asset additions | (15) | (12) |
| Auditors Fees | 2 | 2 |
| Unrealised exchange rate (gain)/loss | 2 | - |
| NHS Lothian - transfer of assets | 1 | - |
| Other non-cash items | (3) | - |
| Release of finance lease liability | - | (1) |
| NHS Highland - movement in year in LG pension costs | 16 | (7) |
| NHS Forth Valley - family health services | (5) | |
| NHS Boards consolidation adjustments | 93 | - |
| Total | 590 | 557 |
3b. Analysis of Capital Charges by Portfolio
| Portfolio | Depreciation | Impairment/ Write Backs | 2017-18 Total | 2016-17 Total |
|---|---|---|---|---|
| £m | £m | £m | £m | |
| Finance and the Constitution | 1 | 2 | 3 | 4 |
| Health and Sport | 300 | 51 | 351 | 369 |
| Education and Skills | 1 | - | 1 | 1 |
| Economy, Jobs and Fair Work | 2 | - | 2 | 1 |
| Justice | 36 | (6) | 30 | 27 |
| Communities, Social Security and Equalities | - | - | - | - |
| Environment, Climate Change and Land Reform | 6 | - | 6 | 5 |
| Culture, Tourism and External Affairs | - | - | - | - |
| Rural Economy and Connectivity | 75 | - | 75 | 96 |
| Crown Office and Procurator Fiscal Service | 4 | 2 | 6 | 5 |
| Total Programme | 425 | 49 | 474 | 508 |
| Administration | 13 | (1) | 12 | 12 |
| Total Capital Charges | 438 | 48 | 486 | 520 |
3c. Audit Fee
The consolidated audit fee for 2017-18 is £5m (Core Portfolios £1m). Part of the audit fee, including that of the Core Portfolios, is a notional charge, as noted above. Other entities within the consolidation boundary pay fees. The consolidated audit fee for 2016-17 was £6m (Core Portfolios £1m). There were no additional charges in relation to non audit work undertaken by Audit Scotland.
3d. Movement in Working Capital
| Note | Opening Balances | Closing Balances | 2017-18 Net Movement | 2016-17 Net Movement | |
|---|---|---|---|---|---|
| £m | £m | £m | £m | ||
| Inventories | 8 | 106 | 106 | ||
| Net Decrease/(Increase) | - | (4) | |||
| Receivables and other assets | |||||
| Due within one year | 11 | 1,229 | 1,333 | (104) | 103 |
| Due after more than one year | 11 | 48 | 104 | (56) | (1) |
| Less: Capital included in PPE | (23) | (36) | 13 | 13 | |
| Less: Capital included in investment | (10) | - | (10) | 10 | |
| Less: Receivable from SCF | 11 | (298) | (141) | (157) | 9 |
| Less: General Fund receivable included above | 11 | (10) | (1) | (9) | 10 |
| NHS boards prior year adjustments | - | - | - | 1 | |
| NHS Greater Glasgow and Clyde adjustment | (1) | (1) | - | (1) | |
| NHS boards consolidation adjustment | 662 | 747 | (85) | (252) | |
| Total | 1,597 | 2,005 | |||
| Net Decrease/(Increase) | (408) | (108) | |||
| Payables and other liabilities | |||||
| Due within one year | 12 | 3,149 | 3,387 | 238 | 714 |
| Due after more than one year | 12 | 3,587 | 3,773 | 186 | 461 |
| Less: Capital included in PPE | (93) | (131) | (38) | (32) | |
| Less: Capital included in intangibles | (4) | (1) | 3 | - | |
| Less: Capital included in Investment | (2) | (5) | (3) | 10 | |
| Less: SCF corporate payable included in above | 12 | (625) | (585) | 40 | (493) |
| Less: Payable to SCF | 12 | - | - | - | 2 |
| Less: NLF payable included in above | 12 | (652) | (622) | 30 | 24 |
| Less: PFI imputed leases | 12 | (2,783) | (2,988) | (205) | (457) |
| Less: Financial Guarantees included in above | 12 | (21) | (18) | 3 | (21) |
| NHS boards consolidation adjustment | 78 | 92 | 14 | (40) | |
| Total | 2,634 | 2,902 | |||
| Net (Decrease)/Increase | 268 | 168 | |||
| Provisions (Current and non-current) | 13a | 948 | 1,024 | 76 | 231 |
| Less: Capital provisions | - | 5 | 5 | - | |
| NHS boards consolidation adjustment | 532 | 549 | 17 | 280 | |
| Total | 1,480 | 1,578 | |||
| Net (Decrease)/Increase | 98 | 511 | |||
| Total Net Movement | (42) | 567 | |||
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