Total cost of services (expense limit)

Sourced from statement of comprehensive income

2025-26 Target $000

$2,404,625

2025-26 Actual $000

$2,645,991

Variation $000

$241,336

Net cost of services

Sourced from statement of comprehensive income

2025-26 Target $000

$2,271,774

2025-26 Actual $000

$2,493,575

Variation $000

$221,801

The total cost of services and the net cost of services variances reflect higher employee benefit expenses, and additional contract for services payments to private providers for the provision of extra general and mental health services.


Total equity

Sourced from statement of financial position

2025-26 Target $000

$2,026,537

2025-26 Actual $000

$2,125,243

Variation $000

$98,706

Total equity increased primarily because of a higher Landgate valuation for the Health Service’s land and building assets. This higher valuation was partially offset by higher cost of services leading to a larger full year deficit relative to initial estimates.


Net increase in cash held

Sourced from statement of cash flow

2025-26 Target $000

-$44,862

2025-26 Actual $000

-$17,171

Variation $000

$27,691

The improvement in net cash position was primarily the result of additional cash funding provided to cover expenditure related to industrial award increases, inflation and indexation, and the delivery of heath activity above target. A greater focus on raising patient revenue and an improvement in cash collection performance also had an impact.


Approved salary expense level

Sourced from statement of comprehensive income

2025-26 Target $000

$1,366,405

2025-26 Actual $000

$1,485,160

Variation $000

$118,755

The primary drivers of the variance were the cost of award increases, the provision of new services, and additional staff needed to deliver quality and safe health care, together with associated flow-on effects
(e.g. higher costs incurred for penalties, allowances, superannuation and worker’s compensation premiums).