• Capital budget

    We commenced 2012–13 with a capital budget of $211.5 million which comprised:

    • a departmental capital budget of $110.9 million
    • equity funding of $80.1 million
    • funding from internal resources of $20.5 million.

    Over 2012–13, our capital budget reduced by $21.1 million as a result of government decisions as well as some changes to internal resources allocated to capital expenditure.

    Capital expenditure was $174.4 million, representing an underspend of $16.0 million, which was all related to equity funding.

    Table 3.5 Capital budget expenditure, 2011–12 to 2012–13

     

    2011–12
    $m

    2012–13
    $m

    Building improvements

    75.0

    40.1

    Internally developed software

    94.2

    113.8

    IT infrastructure and hardware

    21.9

    16.0

    Purchased software

    10.8

    4.4

    Total capital expenditure

    202.0

    174.4

      Last modified: 07 Oct 2014QC 42646