DPC’s five-year financial summary
The following table summarises DPC’s financial results for 2025–26, with comparative results for the preceding four reporting periods. The results are prepared on the same basis as DPC’s financial statements in Section 4. A summary of the significant changes in DPC’s financial position is noted in the table below.
| Department-controlled activities | 2025-261 | 2024-252 | 2023-243 | 2022-234 | 2021-225 |
| Income from government | 528,327 | 551,677 | 453,975 | 704,136 | 650,501 |
| Total income from transactions | 579,018 | 584,742 | 482,262 | 732,602 | 694,868 |
| Total expenses from transactions | (580,556) | (583,227) | (482,734) | (730,538) | (675,126) |
| Net result from transactions | (1,538) | 1,515 | (472) | 2,064 | 19,742 |
| Net result for the period | (2,438) | 1,635 | (359) | 2,428 | 21,986 |
| Net cash flow from operating activities | 8,590 | (5,138) | 3,995 | 17,062 | 29,706 |
| Total assets | 384,848 | 385,992 | 412,004 | 351,436 | 1,118,658 |
| Total liabilities | 76,789 | 75,634 | 112,860 | 52,688 | 106,858 |
1 The net decrease in income and expenditure in 2025–26 is primarily driven by a reduction in overall operating activity following the decommissioning of the Yoorrook Justice Commission in June 2025, offset by increased election activities, accommodation recognised as free of charge and grant inflows. There were no significant year-on-year movements in assets or liabilities in 2025–26.
2 The increase in 2024–25 income and expenditure was due to increased election activities. The assets and liabilities decreased due to the timing of payments associated with the operational infrastructure charge payable to DGS and payments associated with the Multicultural Affairs functions that transferred from DFFH in the prior year.
3 The decrease in 2023–24 income and expenditure was due to a decrease in the overall level of operations. The 2022–23 result included the first six months of activity for major functions that transferred to DGS as part of machinery of government changes effective from 1 January 2023, as well as increased election activities. The assets and liabilities increased due to the timing of payables associated with the Multicultural Affairs functions that transferred from DFFH.
4 The increase in 2022–23 income and expenditure were due to expenses incurred by the Victorian Electoral Commission associated with the 2022 state election. The assets and liabilities decreased because of the transfer of functions from DPC due to machinery of government changes effective from 1 January 2023.
5 The increase in 2021–22 income and expenditure was mainly due to new government initiatives delivered during the year, including digital vaccination certification, the business licensing initiative and the development of the Digital Victoria Marketplace. In addition, there was an increase associated with 2022 state election readiness. Assets increased due to the revaluation of property, plant and equipment following a formal valuation. Departmental liabilities increased due to higher employee leave liabilities and provisions for early retirement packages announced during the year.
Updated