Part 4: Financial statements

Statement of comprehensive income for the Attorney-General's Department

for the period ended 30 June 2014

		2014	2013
	Notes	$'000	$'000

NET COST OF SERVICES
EXPENSES
Employee benefits	3A	185,542	160,233
Suppliers	3B	136,206	79,694
Grants	3C	2,869	708
Depreciation and amortisation	3D	26,025	21,499
Write-down and impairment of assets and other expenses	3E	1,555	71
Total expenses		352,197	262,205

OWN-SOURCE INCOME
Own-source revenue
Sale of goods and rendering of services	4A	97,013	43,440
Other revenue	4B	2,102	-
Total own-source revenue		99,115	43,440

Gains
Other gains	4C	930	405
Total gains		930	405
Total own-source income		100,045	43,845

Net cost of services		252,152	218,360

Revenue from Government	4D	230,399	198,397
Deficit attributable to the Australian Government		(21,753)	(19,963)

OTHER COMPREHENSIVE INCOME
Items not subject to subsequent reclassification to net cost of services
Changes in asset revaluation surplus		3,540	184
Total other comprehensive income		3,540	184

Total comprehensive loss attributable to the Australian Government ¹	35	(18,213)	(19,779)


¹ Note 35 provides further information on the 'Total comprehensive loss attributable to the Australian Government'.

The above statement should be read in conjunction with the accompanying notes.

Statement of financial position for the Attorney-General's Department

as at 30 June 2014

		2014	2013
	Notes	$'000	$'000

ASSETS
Financial assets
Cash and cash equivalents	6A,11	4,394	1,794
Trade and other receivables	6B	90,851	56,435
Total financial assets		95,245	58,229

Non-financial assets
Land and buildings	7A,7C	66,156	73,780
Property, plant and equipment	7B, 7C	60,079	21,167
Intangibles	7D,7E	20,746	25,832
Other non-financial assets	7F	5,810	4,652
Total non-financial assets		152,791	125,431
Total assets		248,036	183,660

LIABILITIES
Payables
Suppliers	8A	31,999	27,033
Grants	8B	80	-
Other payables	8C	36,618	17,332
Total payables		68,697	44,365

Provisions
Employee provisions	9A	41,554	37,900
Makegood provisions	9B	124	341
Other provisions	9C	3,568	-
Total provisions		45,246	38,241
Total liabilities		113,943	82,606
Net assets		134,093	101,054

EQUITY
Contributed equity		229,124	177,872
Reserves		22,458	18,918
Accumulated deficit		(117,489)	(95,736)
Total equity		134,093	101,054

The above statement should be read in conjunction with the accompanying notes.

Statement of changes in equity for the Attorney-General's Department

for the period ended 30 June 2014

	Notes	Retained earnings		Asset revaluation surplus		Contributed equity/capital		Total equity
		2014	2013	2014	2013	2014	2013	2014	2013
		$'000	$'000	$'000	$'000	$'000	$'000	$'000	$'000

Opening balance
Balance carried forward from previous period		(95,736)	(75,773)	18,918	18,734	177,872	175,317	101,054	118,278
Adjusted opening balance		(95,736)	(75,773)	18,918	18,734	177,872	175,317	101,054	118,278

Comprehensive income
Other comprehensive income		-	-	3,540	184	-	-	3,540	184
Surplus/(Deficit) for the period		(21,753)	(19,963)	-	-	-	-	(21,753)	(19,963)
Total comprehensive income		(21,753)	(19,963)	3,540	184	-	-	(18,213)	(19,779)

Transactions with owners
Distributions to owners
Returns of capital
Restructuring: Office of Parliamentary Counsel	10A	-	-	-	-	-	(4,326)	-	(4,326)
Restructuring: Department of Regional Australia, Local Government, Arts and Sport	10A	-	-	-	-	41,564	-	41,564	-
Contributions by owners
Departmental Capital Budget		-	-	-	-	8,237	6,647	8,237	6,647
Equity injection - Appropriations		-	-	-	-	1,451	234	1,451	234
Total transactions with owners		-	-	-	-	51,252	2,555	51,252	2,555
Closing balance as 30 June		(117,489)	(95,736)	22,458	18,918	229,124	177,872	134,093	101,054
The above statement should be read in conjunction with the accompanying notes.

Cash flow statement for the Attorney-General's Department

for the period ended 30 June 2014

		2014	2013
	Notes	$'000	$'000


OPERATING ACTIVITIES
Cash received
Sale of goods and rendering of services		96,094	48,188
Appropriations		310,700	264,872
Net GST received		6,704	11,981
Other		2,102	-
Total cash received		415,600	325,041

Cash used
Employees		181,582	164,065
Suppliers		137,551	108,851
Grants		2,789	708
Section 31 receipts transferred to OPA		89,689	46,167
Total cash used		411,611	319,791
Net cash from operating activities	11	3,989	5,250

INVESTING ACTIVITIES
Cash received
Proceeds from sales of property, plant and equipment		-	10
Total cash received		-	10

Cash used
Purchase of land and buildings	7C	989	5,310
Purchase of property, plant and equipment	7C	7,891	3,520
Purchase of intangibles & internally developed intangibles	7E	3,389	6,538
Total cash used		12,269	15,368
Net cash used by investing activities		(12,269)	(15,358)

FINANCING ACTIVITIES
Cash received
Contributed equity		9,688	6,881
Total cash received		9,688	6,881

Net increase/(decrease) in cash held		1,408	(3,227)

Cash and cash equivalents at the beginning of the reporting period		1,794	5,021
Cash received as part of restructure from the Department of Regional Australia, Local Government, Arts and Sports	10A	1,192	-
Cash and cash equivalents at the end of the reporting period	6A,11	4,394	1,794


The above statement should be read in conjunction with the accompanying notes.

Schedule of commitments for the Attorney-General's Department

as at 30 June 2014

	2014	2013
	$'000	$'000

BY TYPE
Commitments receivable
Net GST recoverable on commitments	(26,812)	(25,794)
Total commitments receivable	(26,812)	(25,794)

Commitments payable
Capital commitments ¹
Property, plant and equipment	3,257	-
Total capital commitments	3,257	-

Other commitments
Other commitments ²	55,360	32,140
Operating leases ³	246,911	258,545
Grants	2,005	-
Total other commitments	304,276	290,685
Total commitments payable	307,533	290,685
Net commitments by type	280,721	264,891

BY MATURITY
Commitments receivable
Other commitments receivable
Within 1 year	(5,630)	(3,616)
Between 1 to 5 years	(8,846)	(8,093)
More than 5 years	(12,336)	(14,085)
Total other commitments receivable	(26,812)	(25,794)
Total commitments receivable	(26,812)	(25,794)

Commitments payable
Capital commitments
Within 1 year	3,053	-
Between 1 to 5 years	204	-
Total capital commitments	3,257	-

Other commitments
Within 1 year	45,652	26,353
Between 1 to 5 years	9,708	5,787
Total other commitments	55,360	32,140

Operating lease commitments
Within 1 year	22,204	20,208
Between 1 to 5 years	89,010	83,401
More than 5 years	135,697	154,936
Total operating lease commitments	246,911	258,545

Grant commitments
Within 1 year	1,030	-
Between 1 to 5 years	975	-
Total grant commitments	2,005	-
Total commitments payable	307,533	290,685
Net commitments by maturity	280,721	264,891

Notes:
Commitments are GST inclusive where relevant.

¹ The nature of capital commitments are contracts that principally related to the purchase of property, plant and equipment.

² The nature of other commitments are Memorandums of Understanding (MOUs) in place with other Government departments and agencies for the provision of services as required, and contractual obligations for a range of other services including property management, legal, contractors and other commitments.

³ The Department in its capacity as lessee has the following operating leases that are effectively non-cancellable and comprise:

	Nature of lease	General description of leasing arrangement
	Leases for office accommodation	Each lease is individual and may be subject to automatic percentage increase depending on the terms of the agreement. The period of office accommodation leases are current and may be renewed subject to negotiation.

This schedule should be read in conjunction with the accompanying notes.

SCHEDULE OF CONTINGENCIES for the Attorney-General's Department

as at 30 June 2014

	2014	2013
	$'000	$'000

Contingent assets
Claims for damages or costs	232	109
Total contingent assets	232	109

Contingent liabilities
Claims for damages or costs	(184)	(215)
Total contingent liabilities	(184)	(215)
Net contingent assets/(liabilities)	48	(106)

Details of each class of contingent liabilities and contingent assets listed above are disclosed in Note 12: Contingent assets and liabilities, along with information on significant remote contingencies and contingencies that cannot be quantified.

The above schedule should be read in conjunction with the accompanying notes.

Administered schedule of comprehensive income for the Attorney-General's Department

for the period ended 30 June 2014

		2014	2013
	Notes	$'000	$'000

NET COST OF SERVICES
EXPENSES
Employee benefits	17A	27,593	6,568
Suppliers ¹	17B	126,836	45,399
Subsidies	17C	3,296	2,458
Personal benefits	17D	31,194	177,093
Grants ²	17E	479,884	392,005
Depreciation and amortisation	17F	5,569	2,424
Write-down and impairment of assets	17G	(991)	934
Payments to CAC bodies ³	17H	279,414	-
Total expenses		952,795	626,881

INCOME
Revenue
Non-taxation revenue
Sale of goods and rendering of services	18A	6,226	5,712
Interest	18B	1,626	2,020
Dividends	18C	4,723	9,000
Competitive neutrality	18D	3,997	4,711
Recoveries	18E	252	316
Other non-taxation revenue	18F	12,041	9,188
Total non-taxation revenue		28,865	30,947

Gains
Other gains	18G	118	-
Total gains		118	-
Total income		28,983	30,947
Net cost of services		923,812	595,934
Deficit on continuing operations		(923,812)	(595,934)

OTHER COMPREHENSIVE INCOME
Items not subject to subsequent reclassification to net cost of services
Changes in asset revaluation surplus		239,098	3,987
Remeasurement on defined benefit plans - former Solicitor-General pension		(310)	1,100
Total other comprehensive income		238,788	5,087
Total comprehensive income		(685,024)	(590,847)

¹ Suppliers expenditure includes expenditure associated with the operation of the Royal Commission into Institutional Responses to Child Sexual Abuse (RCIRCSA), the Royal Commission into the Home Insulation Program (RCHIP) and the Royal Commission into Trade Union Governance and Corruption (RCTUGC) (Note 26 refers).

² The Department makes grant payments to State and Territory Governments, Local Councils and various community organisations to support Government priorities as outlined in the Department's Portfolio Budget Statements and which appear in programs 1.3, 1.4, 1.5, 1.6 and 2.1.

³ As a result of 18 September 2013 administrative arrangements, the Department assumed responsibility for the Arts and Culture functions (including payments to CAC bodies) from the Department of Regional Australia, Local Government, Arts and Sport with effect from 19 September 2013.

The above schedule should be read in conjunction with the accompanying notes.

Administered schedule of assets and liabilities for the Attorney-General's Department

as at 30 June 2014

		2014	2013
	Notes	$'000	$'000

ASSETS
Financial assets
Cash and cash equivalents	20A, 24	4	1
Loans and receivables	20B	124,216	33,477
Investments	20C	8,641,932	380,476
Other current assets	20D	5,910	-
Total financial assets		8,772,062	413,954

Non-financial assets
Land and buildings	21A,21C	66,863	7,200
Property, plant and equipment	21B,21C	9,053	4,380
Intangibles	21D,21E	2,245	560
Other non-financial assets	21F	1,649	354
Total non-financial assets		79,810	12,494
Total assets administered on behalf of Government		8,851,872	426,448

LIABILITIES
Payables
Suppliers	22A	20,264	7,414
Grants	22B	13,424	9,243
Other payables	22C	689	595
Total payables		34,377	17,252

Provisions
Employee provisions	23A	771	-
Superannuation provisions - former Solicitor-General pension	23B	5,800	5,703
Total provisions		6,571	5,703
Total liabilities administered on behalf of Government		40,948	22,955
Net assets		8,810,924	403,493

The above schedule should be read in conjunction with the accompanying notes.

Administered reconciliation schedule for the Attorney-General's Department


	2014	2013
	$'000	$'000

Opening assets less liabilities as at 1 July	403,493	412,783

Net cost of services
Income	28,983	30,947
Expenses
Payments to Non-CAC Act bodies	(673,380)	(626,881)
Payments to CAC Act bodies	(279,414)	-
Other comprehensive income
Revaluations transferred to reserves	239,098	3,987
Actuarial gain/(loss) - former Solicitor-General pension taken to equity	(310)	1,100

Transfers (to)/from the Australian Government
Appropriation transfers from the Official Public Account (OPA)
Administered assets and liabilities appropriations	124,090	6,501
Annual appropriations
Payments to Non-CAC Act bodies	658,410	462,763
Payments to CAC Act bodies	279,414	-
Special appropriations (unlimited)
Payments to Non-CAC Act bodies	30,056	170,233
Appropriation transfers to OPA
Transfers to OPA	(78,183)	(57,940)
Restructuring	8,078,667	-
Closing assets less liabilities as at 30 June	8,810,924	403,493

The above schedule should be read in conjunction with the accompanying notes.

Administered cash flow statement for the Attorney-General's Department

for the period ended 30 June 2014

		2014	2013
	Notes	$'000	$'000

OPERATING ACTIVITIES
Cash received
Sales of goods and rendering of services		6,799	6,927
Interest		554	1,860
Dividends		4,723	9,000
Net GST received		27,858	21,867
Competitive neutrality - received from Australian Government Solicitor		3,997	4,711
Recoveries		252	316
Other non-taxation revenue:
Recovery of unspent grant funding		1,707	1,499
Torres Strait Regional Authority receipts		800	816
Proceeds of Crime Act 2002 receipts		5,305	3,339
Other revenue		4,229	3,534
Total cash received		56,224	53,869

Cash used
Grant		475,703	383,003
Subsidies		3,296	2,458
Personal benefits		31,407	176,475
Suppliers		136,706	65,924
Employees		26,739	6,568
Payments to CAC Act bodies		279,414	-
Total cash used		953,265	634,428
Net cash used by operating activities	24	(897,041)	(580,559)

INVESTING ACTIVITIES
Cash received
Repayments of advances and loans from State Governments		8,336	7,427
Total cash received		8,336	7,427

Cash used
Purchase of land and buildings		11,262	7,200
Purchase of property, plant and equipment		6,626	1,224
Purchase of intangibles & internally developed intangibles		2,099	-
Advances and loans made to State Governments		105,092	-
Total cash used		125,079	8,424
Net cash used by investing activities		(116,743)	(997)

Administered cash flow statement for the Attorney-General's Department

for the period ended 30 June 2014

		2014	2013
	Notes	$'000	$'000

FINANCING ACTIVITIES
Cash received
Contributed equity - transfer from Official Public Account		124,090	6,501
Net cash from/(used by) financing activities		124,090	6,501
Net decrease in cash held		(889,694)	(575,055)

Cash and cash equivalents at the beginning of the reporting period		1	-
Cash from Official Public Account for
Appropriations		658,410	462,763
Special Accounts		30,056	170,233
Payments to CAC Act bodies		279,414	-
Total cash from Official Public Account		967,880	632,996

Cash to Official Public Account for
Appropriations		(52,856)	(51,027)
Special Accounts		(25,327)	(6,913)
Total cash to Official Public Accunt		(78,183)	(57,940)
Cash and cash equivalents at the end of the reporting period	20A	4	1

This statement should be read in conjunction with the accompanying notes.

Schedule of administered commitments for the Attorney-General's Department

as at 30 June 2014

	2014	2013
	$'000	$'000
BY TYPE
Commitments receivable
Net GST recoverable on commitments	(46,841)	(20,453)
Total commitments receivable	(46,841)	(20,453)

Commitments payable
Capital commitments ¹
Land and buildings	71	-
Property, plant and equipment	557	6,111
Total capital commitments	628	6,111

Other commitments ²
Operating leases	11,624	14,650
Other commitments	119,032	79,994
Grants	700,326	345,606
Total other commitments	830,982	440,250
Total commitments payable	831,610	446,361
Net commitments by type	784,769	425,908

BY MATURITY
Commitments receivable
Other commitments receivable
Within 1 year	(37,638)	(17,489)
Between 1 to 5 years	(9,203)	(2,964)
Total other commitments receivable	(46,841)	(20,453)
Total commitments receivable	(46,841)	(20,453)

Commitments payable
Capital commitments
Within 1 year	625	6,111
From one to five years	3	-
Total capital commitments	628	6,111

Operating lease commitments
Within 1 year	8,444	3,430
Between 1 to 5 years	3,180	11,220
Total operating lease commitments	11,624	14,650

Other commitments
Within 1 year	70,031	29,858
Between 1 to 5 years	49,001	50,136
Total other commitments	119,032	79,994

Grant commitments
Within 1 year	461,890	330,483
Between 1 to 5 years	238,436	15,123
Total grant commitments	700,326	345,606
Total commitments payable	831,610	446,361
Net commitments by maturity	784,769	425,908

Notes:
Commitments are GST inclusive where relevant.
¹ The nature of capital commitments are outstanding contractual payments for the fit out under construction and contracts that principally relate to the Royal Commission into Trade Union Governance and Corruption.

² The nature of other commitments are grant amounts payable under agreements over future years in respect of which the grantee has yet to provide the services required under the agreement.

These commitments are fully funded in the forward estimates.

The above schedule should be read in conjunction with the accompanying notes.

Schedule of administered contingencies for the Attorney-General's Department

as at 30 June 2014

Contingent assets

At 30 June 2014 the Department estimates the value of contingent assets to be $nil (2013: $nil).

Contingent liabilities

At 30 June 2014 the Department estimates the value of contingent liabilities to be $nil (2013: $nil).

The above schedule should be read in conjunction with the accompanying notes.