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Financial summary

 

The Clean Energy Regulator received an unqualified audit report from the Australian National Audit Office for its 2013–14 financial statements.

Departmental finances

In 2013–14 the Clean Energy Regulator reported total comprehensive income of $5.117 million prior to the recognition of $16.585 million for unfunded depreciation and amortisation expenses.

Income

In 2013–14 the Clean Energy Regulator received revenue from government totalling $81.353 million and recognised own-source income of $1.407 million.

Expenses

The Clean Energy Regulator expenses in 2013–14 totalled $94.530 million. These included employee expenses of $39.684 million, supplier expenses of $37.477 million, depreciation and amortisation expenses of $16.585 million and other expenses of $0.784 million.

Administered finances

Administered income

The Clean Energy Regulator recognised $4.411 billion in administered revenue during 2013–14. This included a carbon price revenue of $4.346 billion; carbon price revenue shortfall charges and penalties of $50.875 million; renewable energy fees of $13.265 million; renewable energy shortfall charges and interest of $0.389 million; and other fees of $0.032 million.

Administered expenses

The Clean Energy Regulator administered expenses in 2013–14 totalled $1.344 billion. This included subsidies expenses of $1.297 billion; supplier expenses of $3.232 million; and $43.166 million in impaired receivables.

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