DEFRA's Annual Report and Accounts set out the Department's annual expenditure. The 2010-11 Annual Report and Accounts are available on the Department's website. These can be accessed using the following link. Expenditure for 2009-10 and 2010-11 is shown in the Consolidated Statement of Comprehensive Net Expenditure on page 70:
The Annual Report and Accounts for 2011-12 are due to be published in July 2012.
DEFRA has been improving its financial management and forecasting systems over recent years, enabling it to manage its finances more effectively. The Department regularly monitors and reports its spend in-year to identify potential over and under-spending including a detailed process to challenge quarterly forecast outturns. If an under-spend is identified then funds are re-prioritised and allocated to alternative areas ensuring value for money.