2008 Annual Report - Queensland Police Service - Queensland ...

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DEPARTMENT OF POLICE Department NOTES TO AND of Police FORMING PART OF THE FINANCIAL REPORT Notes For the to year and ended forming 30 part June of 2008 the Financial Report as at 30 June 2008 (j) Inventories Inventories are valued at the lower of cost and net realisable value. Cost is assigned on a weighted average basis and includes expenditure incurred in acquiring the inventories and bringing them to their existing condition, except for training costs which are expensed as incurred. Net realisable value is determined on the basis of the department’s normal selling pattern. (k) Non-Current Assets Classified as Held for Sale Non-current assets held for sale consist of those assets which management has determined are available for immediate sale in their present condition, and their sale is highly probable within the next twelve months. These assets are measured at the lower of the assets' carrying amounts and their fair values less costs to sell. These assets are not depreciated. (l) Acquisition of Assets Actual cost is used for the initial recording of all non-current physical and intangible asset acquisitions. Cost is determined as the value given as consideration plus costs incidental to the acquisition, including all other costs incurred in getting the assets ready for use, including architects' fees and engineering design fees. However, any training costs are expensed as incurred. Where assets are received free of charge from another Queensland department (whether as a result of a machinery-of-Government or other involuntary transfer), the acquisition cost is recognised as the gross carrying amount in the books of the transferor immediately prior to the transfer together with any accumulated depreciation. Assets acquired at no cost or for nominal consideration, other than from an involuntary transfer from another Queensland department, are recognised at their fair value at date of acquisition in accordance with AASB 116 Property, Plant and Equipment . (m) Property, Plant and Equipment Items of property, plant and equipment, with a cost or other value in excess of the following thresholds are recognised for financial reporting purposes in the year of acquisition: Buildings $10,000 Land $1 Major Plant and Equipment $5,000 Plant and Equipment $5,000 Items with a lesser value are expensed in the year of acquisition. Page 9 100 With honour we serve Financial statements 2007-08
DEPARTMENT OF POLICE Department NOTES TO AND of Police FORMING PART OF THE FINANCIAL REPORT Notes For the to year and ended forming 30 part June of 2008 the Financial Report as at 30 June 2008 (n) Amortisation and Depreciation of Intangibles and Property, Plant and Equipment Land is not depreciated as it has an unlimited useful life. Property, plant and equipment is depreciated on a straight-line basis so as to allocate the net cost or revalued amount of each asset, less its estimated residual value, progressively over its estimated useful life to the department. Assets under construction (work-in-progress) are not depreciated until they reach service delivery capacity. Where assets have separately identifiable components that are subject to regular replacement, these components are assigned useful lives distinct from the asset to which they relate and are depreciated accordingly. Any expenditure that increases the originally assessed capacity or service potential of an asset is capitalised and the new depreciable amount is depreciated over the remaining useful life of the asset to the department. The depreciable amount of improvements to or on leasehold land is allocated progressively over the estimated useful lives of the improvements to the department or the unexpired period of the lease, whichever is the shorter. The unexpired period of leases includes any option period where exercise of the option is probable. Items comprising the department's technical library are expensed on acquisition. For each class of depreciable asset the following depreciation and amortisation rates are used: Class Average Rate % Buildings 1.67 Major Plant and equipment 8.82 * Motor Vehicles 29.90 Plant and equipment 10.20 Intangible assets 16.01 * Aircraft are classified as major plant and equipment. Revalued aircraft were not depreciated in 2007-08 due to a decrement in the revaluation obtained. (o) Revaluations of Non-Current Physical and Intangible Assets Land, buildings and major plant and equipment are measured at fair value in accordance with AASB 116 Property, Plant and Equipment and Queensland Treasury’s Non-Current Asset Policies for the Queensland Public Sector . All other non-current assets, principally plant and equipment and intangibles, are measured at cost. The carrying amounts for plant and equipment at cost should not materially differ from their fair value. Non-current physical assets measured at fair value are comprehensively revalued on a rolling basis over a five year period, with interim valuations, using appropriate indices, being otherwise performed on an annual basis where there has been a material variation in the index. The department completed a five year program of DEPARTMENT OF POLICE progressive comprehensive revaluation of land and buildings as at 1 July 2007, which was carried out by the NOTES TO AND FORMING PART OF THE FINANCIAL REPORT Department of Natural Resources and Water with reference to recent market transactions conducted on an For the year ended 30 June 2008 arm’s length basis. Only those assets, the total values of which are material, compared to the value of the class of assets to which they belong, are comprehensively revalued. Major plant and equipment was revalued to fair value on transition to AEIFRS as at 1 July 2004. Comprehensive revaluations for this asset class were performed by an external valuer as at 30 June 2008. Any revaluation increment arising on the revaluation of an asset is credited to the asset revaluation reserve of the appropriate asset class, except to the extent it reverses Page 10 a revaluation decrement for the class previously recognised as an expense. A decrease in the carrying amount on revaluation is charged as an expense, to the Financial statements 2007-08 With honour we serve 101 extent it exceeds the balance, if any, in the revaluation reserve relating to that asset class.
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Our vision We are determined to be
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Strengthened event management The Q
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Our staff The Service employed 13 9
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Strategic priorities Key strategic
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Financial summary The table below p
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Corporate governance Our approach t
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Committees Several strategic commit
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Performance report Reviewed by each
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Community Safety and Engagement Key
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in August and September involved Mi
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Crime prevention initiatives Crime
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Safety and security for seniors Two
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Flood relief operations The recent
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Key future initiatives The staged r
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Crime Management Key priority areas
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Key priority area—Personal safety
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go to www.crimestoppers.com.au Crim
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Outlaw motor cycle gangs are an ong
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Key future initiatives An advanced
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Traffic Management Key priority are
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Save a Life a Week Campaign the 200
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Key priority area—Traffic policin
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Q-cars Between 20 December 2007 and
Page 47 and 48:
Award for Shem ‘It took five seco
Page 49 and 50: Professional Standards and Ethical
Page 51 and 52: Staff Member Training and Developme
Page 53 and 54: Project Verity This project, conduc
Page 55 and 56: Key priority area—Public accounta
Page 57 and 58: Queensland Police Pipes and Drums 5
Page 59 and 60: Corporate Resource Management Key p
Page 61 and 62: Helping Hand Helping Hand was estab
Page 63 and 64: The Service recognises its people a
Page 65 and 66: The table below provides informatio
Page 67 and 68: Shared Service Initiative The Share
Page 69 and 70: Key priority area—Information man
Page 71 and 72: Key priority area—Physical resour
Page 73 and 74: Environmental sustainability and in
Page 75 and 76: Carbon emissions The QPS is committ
Page 77 and 78: Vehicle fleet carbon emission actio
Page 79 and 80: Key future initiatives Human resour
Page 81 and 82: Community Safety and Engagement Key
Page 83 and 84: The Logan Police District is the la
Page 85 and 86: Traffic Management Key priority are
Page 87 and 88: The Russell A Wilson patrol vessel
Page 89 and 90: Financial position Assets The net a
Page 91 and 92: Financial statements 2007-08 Page N
Page 93 and 94: Department DEPARTMENT of Police OF
Page 95 and 96: Department DEPARTMENT of Police OF
Page 97 and 98: Department of Police Notes to and f
Page 99: DEPARTMENT OF POLICE NOTES DEPARTME
Page 103 and 104: A distinction is made in the financ
Page 105 and 106: year, both paid and payable as at 3
Page 107 and 108: (ae) (ae) New New and and Revised A
Page 109 and 110: Travel 5,648 11,845 Communications
Page 111 and 112: Travel 5,648 11,845 Communications
Page 113 and 114: DEPARTMENT Department of Police OF
Page 115 and 116: DEPARTMENT OF POLICE NOTES TO AND F
Page 117 and 118: DEPARTMENT Department of Police OF
Page 119 and 120: The method for calculating any prov
Page 121 and 122: DEPARTMENT OF POLICE NOTES TO AND F
Page 123 and 124: Department of Police Certificate of
Page 125 and 126: Appendices Appendix 1: Performance
Page 127 and 128: Output: Crime Management Measures N
Page 129 and 130: Australian Police Medal Awarded for
Page 131 and 132: Awards for Excellence Lantern Award
Page 133 and 134: Name of officer and position Destin
Page 139 and 140: Australian Police Medal Awarded for
Page 141 and 142: Index Page Aboriginal and Torres St
Page 143 and 144: # 2007-08 Annual report reader feed
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