93
| Expenditure | Income | Outturn | Allocation | Variance |
|---|
| £000 | £000 | £000 | £000 | £000 |
|---|
| Resource (i) | 173,961 | (31,847) | 142,114 | 144,227 | (2,113) |
|---|
| Capital (ii) | 115,645 | (21,826) | 93,819 | 95,599 | (1,780) |
|---|
| Financial Transactions (iii) | 20,167 | (9,913) | 10,254 | 10,260 | (6) |
|---|
| Total | 309,773 | (63,586) | 246,187 | 250,086 | (3,899) |
|---|
| Non-cash costs including depreciation | 8,065 | - | 8,065 | 13,500 | (5,435) |
|---|
| Annually managed expenditure | 88,476 | - | 88,476 | 93,000 | (4,524) |
|---|
| Total Budget | 406,314 | (63,586) | 342,728 | 356,586 | (13,858) |
|---|
Our outturn against the elements of the budget allocation from the Scottish Government was as follows:
- i)The Fiscal Resource budget includes a non cash element in relation to expected credit losses (the estimated future cash shortfall from financial assets held at amortised cost, and financial assets that have been written off) and IFRS16 (budget reclassifications as a result of the implementation of the leasing accounting standard).
- ii)The Fiscal Capital budget includes a non cash element in relation to IFRS16 (budget reclassifications as a result of the implementation of the leasing accounting standard)
- iii)Financial Transactions income represents returns from investments for which the original cost was met from the Financial Transactions budget, and which was repaid to the Scottish Government.