Information

Scottish Government consolidated accounts: 2018-2019

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

For the year ended 31 March 2019

Note General
Fund
Revaluation
Reserve
Total
£m £m £m
Restated balance at 1 April 2018 22,357 9,994 32,351
Net operating cost for the year (34,601) - (34,601)
Net gain/(loss) on revaluation/indexation of property, plant and equipment - 797 797
Total Comprehensive Net Expenditure (34,601) 797 (33,804)
Non Cash Charges
Non cash charges - auditor's remuneration 3c 2 - 2
Non cash charges - NHS adjustment - - -
Non cash charges - Roads adjustment 3a 241 - 241
Total Non Cash Charges 243 - 243
Other Reserve Movements
Transfers between reserves 57 (57) -
Realised element of the revaluation reserve 309 (309) -
Prior Year Adjustments (rounding) 1 - 1
Total Other Reserve Movements/Adjustments 367 (366) 1
Funding
Parliamentary Funding 35,374 - 35,374
Less funding to pensions schemes (447) - (447)
Less funding to National Records of Scotland, Office of Scottish Charity Regulator, Scottish Courts and Tribunals Service, Revenue Scotland, Scottish Fiscal Commission and Scottish Housing Regulator (47) - (47)
Net parliamentary funding drawn down 34,880 - 34,880
Movement of balance with the SCF (394) - (394)
Transfer of benefit overpayment receivables from DWP 10 - 10
Net Funding Position 23 34,496 - 34,496
Net increase/(decrease) in year 505 431 936
Balance at 31 March 2019 22,862 10,425 33,287

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).

Consolidated Statements of Comprehensive Net Expenditure and Changes in Taxpayers' Equity

For the year ended 31 March 2018

Restated Note General
Fund
Revaluation
Reserve
Total
£m £m £m
Balance as at 1 April 2017 21,064 10,107 31,171
Net operating cost for the year (32,704) - (32,704)
Net gain/(loss) on revaluation/indexation of property, plant and equipment - 399 399
Total Comprehensive Expenditure (32,704) 399 (32,305)
Non Cash Charges
Non cash charges - auditor's remuneration 3c 2 - 2
Non cash charges - NHS adjustment 16 - 16
Non cash charges - Roads adjustment (8) - (8)
Total Non Cash Charges 3a 10 - 10
Other Reserve Movements
Transfers between reserves 512 (512) -
Net movement on investment funds 4 - 4
Total Other Reserve Movements/Adjustments 516 (512) 4
Funding
Parliamentary Funding 33,968 - 33,968
Less funding to pensions schemes (406) - (406)
Less funding to NRS, OSCR, Scottish Courts and Tribunals Service, Revenue Scotland and Scottish Housing Regulator (132) - (132)
Net parliamentary funding drawn down 33,430 - 33,430
Movement of balance with the SCF 41 - 41
Net Funding Position 23 33,471 - 33,471
Net increase/(decrease) in year 1,293 (113) 1,180
Balance at 31 March 2018 22,357 9,994 32,351

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).

Contact

Email: alison.douglas@gov.scot

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