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Primary financial statements

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Attorney-General's Department
Statement of comprehensive income
for the period ended 30 June 2016

  Notes 2016 2015
    $'000 $'000
NET COST OF SERVICES      
EXPENSES      
Employee benefits 1.1A 243,289 185,558
Suppliers 1.1B 102,318 135,612
Grants 1.1C 1,359 5,913
Depreciation and amortisation 3.2A 27,248 23,976
Write-down and impairment of assets and other expenses 1.1D 369 66
Total expenses   374,583 351,125
       
OWN-SOURCE INCOME      
Own-source revenue      
Sale of goods and rendering of services 1.2A 166,291 109,472
Interest revenue – deposits 1.2B 189 -
Special account receipts 1.2C 829 907
Total own-source revenue   167,309 110,379
       
Gains      
Other gains 1.2D 639 470
Total gains   639 470
Total own-source income   167,948 110,849
       
Net cost of services   206,635 240,276
       
Revenue from government – departmental appropriations 1.2E 194,013 225,683
(Deficit) attributable to the Australian Government   (12,622) (14,593)
       
OTHER COMPREHENSIVE INCOME      
Items not subject to subsequent reclassification to ‘net cost of services’      
Changes in asset revaluation reserves   (1,653) (94)
Total other comprehensive income   (1,653) (94)
Total comprehensive (loss) attributable to the Australian Government   (14,275) (14,687)

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

Budget variance commentary is disclosed in Note 8.4.

Attorney-General's Department
Statement of financial position
as at 30 June 2016

  Notes 2016 2015
    $'000 $'000
ASSETS      
Financial assets      
Cash and cash equivalents 3.1A 33,153 6,306
Trade and other receivables 3.1B 89,022 85,730
Total financial assets   122,175 92,036
       
Non-financial assets      
Land and buildings 3.2A 64,613 62,109
Property, plant and equipment 3.2A 22,321 59,436
Intangibles 3.2A 19,332 20,794
Other non-financial assets 3.2B 6,907 5,652
Total non-financial assets   113,173 147,991
Total assets   235,348 240,027
       
LIABILITIES      
Payables      
Suppliers 3.3A 33,537 31,069
Grants 3.3B 266 24
Other payables 3.3C 31,481 25,851
Total payables   65,284 56,944
       
Provisions      
Employee provisions 6.1A 60,343 43,743
Make-good provisions 3.4A 41 128
Other provisions 3.4B 3,614 3,502
Total provisions   63,998 47,373
Total liabilities   129,282 104,317
Net assets   106,066 135,170
       
EQUITY      
Contributed equity   229,841 245,328
Reserves   20,711 22,364
Acumulated deficit   (144,486) (131,982)

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

Budget variance commentary is disclosed in Note 8.4.

Attorney-General's Department
Statement of changes in equity
for the period ended 30 June 2016

  Notes Retained earnings Asset revaluation
reserve
Contributed
equity/capital
Total equity
    2016 2015 2016 2015 2016 2015 2016 2015

 

  $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000
Opening balance                  
Balance carried forward from previous period   (131,982) (117,489) 22,364 22,458 245,328 229,124 135,710 134,093
Adjustment for prior period   118 100 - - - - 118 100
Adjusted opening balance   (131,864) (117,389) 22,364 22,458 245,328 229,124 135,828 134,193
                   
Comprehensive income                  
Other comprehensive income   - - (1,653) (94) - - (1,653) (94)
Deficit for the period   (12,622) (14,593) - - - - (12,622) (14,593)
Total comprehensive income   (12,622) (14,593) (1,653) (94) - - (14,275) (14,687)
                   
Transactions with owners                  
Distributions to owners                  
Dividends   - - - - - - - -
Distribution of equity – cash transferred to the Official Public Account and appropriation alignment   - - - - (44,698) - (44,698) -
Returns of capital                  
Restructuring: Department of Communications and the Arts 8.1A - - - - (43,513) - (43,513) -
Restructuring: Australian Government Solicitor 8.1A - - - - 26,405 - 26,405 -
Contributions by owners                  
Departmental capital budget   - - - - 16,533 15,614 16,533 15,614
Equity injection – appropriations   - - - - 29,786 590 29,786 590
Total transactions with owners   - - - - (15,487) 16,204 (15,487) 16,204
Closing balance at at 30 June   (144,486) (131,982) 20,711 22,364 229,841 245,328 106,066 135,710

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

Accounting policy

Equity injections

Amounts appropriated which are designated as ‘equity injections’ (less any formal reductions) and departmental capital budgets are recognised directly in contributed equity in that year.

Restructuring of administrative arrangements

Net assets received from or relinquished to another government entity under a restructuring of administrative arrangements are adjusted at their book value directly against contributed equity.

Other distribution to owners

The Public Governance, Performance and Accountability (Financial Reporting) Rule 2015 requires that distributions to owners be debited to contributed equity unless in the nature of a dividend.

Budget variance commentary is disclosed in Note 8.4.

Attorney-General's Department
Cash flow statement
for the period ended 30 June 2016

  Notes 2016 2015
    $'000 $'000
OPERATING ACTIVITIES      
Cash received      
Sale of goods and rendering of services   164,750 114,224
Appropriations   262,674 331,887
Net goods and services tax received   9,045 9,416
Interest   189 -
Other   829 907
Total cash received   437,487 456,434
       
Cash used      
Employees   255,762 185,593
Suppliers   122,095 146,957
Grants   1,118 5,970
Section 74 receipts transferred to Official Public Account   48,819 112,761
Total cash used   428,794 451,281
Net cash from operating activities   8,693 5,153
       
INVESTING ACTIVITIES      
Cash used      
Purchase of land and buildings   1,826 3,687
Purchase of property, plant and equipment   4,947 5,907
Purchase of intangibles and internally developed intangibles   7,318 9,851
Total cash used   14,091 19,445
Net cash (used by) investing activities   (14,091) (19,445)
       
FINANCING ACTIVITIES      
Cash received      
Contributed equity   33,196 16,204
Total cash received   33,196 16,204
       
Net cash from financing activities   33,196 16,204
       
Net increase in cash held   27,798 1,912
Cash and cash equivalents at the beginning of the reporting period   6,306 4,394
Cash transferred as part of the transfer of functions to the Department of Communications and the Arts 8.1A (951) -
Cash and cash equivalents at the end of the reporting period 3.1A 33,153 6,306

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

Budget variance commentary is disclosed in Note 8.4.

Attorney-General's Department
Administered schedule of comprehensive income
for the period ended 30 June 2016

  Notes 2016 2015
    $'000 $'000
NET COST OF SERVICES      
EXPENSES      
Employee benefits 2.1A 41,274 35,511
Suppliers 2.1B 112,710 122,993
Subsidies to Law Courts Limited 2.1C 3,413 3,381
Personal benefits 2.1D 24,897 114,364
Grants 2.1E 396,204 517,847
Depreciation and amortisation 4.2A 10,024 10,130
Write-down and impairment of assets and other expenses 2.1F 456 517
Payments to corporate Commonwealth entities 2.1G 265,673 471,068
Total expenses   854,651

1,275,811

       
INCOME      
Revenue      
Non-taxation revenue      
Rendering of services 2.2A 7,467 7,239
Interest from loans to state and territory governments 2.2B 1,728 6,072
Dividends – Australian Government Solicitor 2.2C 163 11,849
Competitive neutrality – Australian Government Solicitor 2.2D 1,201 2,775
Recoveries – personal benefit recoveries 2.2E 819 106
Other non-taxation revenue 2.2F 25,499 28,125
Total non-taxation revenue   36,877 56,166
Net cost of services   817,774 1,219,645
       
OTHER COMPREHENSIVE INCOME      
Items not subject to subsequent reclassification to ‘net cost of services’      
Changes in asset revaluation reserves   22,045 492,863
Actuarial (losses) on defined benefit plans – former Solicitors-General pension 6.1C (488) (14)
Total other comprehensive income   21,557 492,849
Total comprehensive (loss) attributable to the Australian Government   (716,217) (726,796)

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

Budget variance commentary is disclosed in Note 8.4.

Attorney-General's Department
Administered schedule of assets and liabilities
as at 30 June 2016

  Notes 2016 2015
    $'000 $'000
ASSETS      
Financial assets      
Cash and cash equivalents 4.1A 1 3
Loans and receivables 4.1B 101,985 123,989
Investments 4.1C 348,926 9,140,266
Total financial assets   450,912 9,264,258
       
Non-financial assets      
Land and buildings 4.2A 1,977 64,861
Property, plant and equipment 4.2A 5,656 8,186
Intangibles 4.2A 1,545 1,885
Other non-financial assets 4.2B 1,351 1,330
Total non-financial assets   10,529 76,262
Total assets administered on behalf of Government   461,441 9,340,520
       
LIABILITIES      
Payables      
Suppliers 4.2A 13,178 18,060
Grants 4.3B 5,671 6,771
Other payables 4.3C 252 869
Total payables   19,101 25,700
       
Provisions      
Employee and superannuation provisions 6.1B, 6.1C 7,918 6,949
Make-good provisions 4.4A 1,310 1,248
Total provisions   9,228 8,197
Total liabilities administered on behalf of Government   28,329 33,897
Net assets   433,112 9,306,623

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

Budget variance commentary is disclosed in Note 8.4.

Attorney-General's Department
Administered reconciliation schedule
for the period ended 30 June 2016

  2016 2015
  $'000 $'000
     
Opening assets less liabilities as at 1 July 9,306,623 8,810,924
     
Net cost of services    
Income 36,877 56,166
Expenses    
Payments to entities other than corporate Commonwealth entities (588,978) (804,743)
Payments to corporate Commonwealth entities (265,673) (471,068)
Other comprehensive income    
Revaluations transferred to reserves 22,045 492,863
Actuarial gain/(loss) – former Solicitors-General pension taken to equity (488) (14)
     
Transfers (to)/from the Australian Government    
Appropriation transfers from the Official Public Account (OPA)    
Administered assets and liabilities appropriations 3,959 12,886
Annual appropriations    
Payments to entities other than corporate Commonwealth entities 575,306 702,019
Payments to corporate Commonwealth entities 290,804 471,068
Special appropriations (unlimited)    
Payments to entities other than corporate Commonwealth entities 23,432 126,721
Appropriation transfers to OPA    
Transfers to OPA (110,160) (90,199)
Restructuring (refer Notes 4.1C and 8.1B) (8,860,635) -
Closing assets less liabilities as at 30 June 433,112 9,306,623

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

Accounting policy

Administered cash transfers to and from the Official Public Account

Revenue collected by the Department for use by the Government, rather than the Department, is administered revenue. Collections are transferred to the Official Public Account (OPA) maintained by the Department of Finance. Conversely, cash is drawn from the OPA to make payments under parliamentary appropriation on behalf of the Government. These transfers to and from the OPA are adjustments to the administered cash held by the entity on behalf of the Government and reported as such in the schedule of administered cash flows and in the administered reconciliation schedule.

Attorney-General's Department
Administered cash flow statement
for the period ended 30 June 2016

  Notes 2016 2015
    $'000 $'000
OPERATING ACTIVITIES      
Cash received      
Rendering of services   3,415 8,906
Interest from loans to state and territory governments   1,776 2,495
Dividends – Australian Government Solicitor   163 11,849
Net goods and services tax received   25,784 30,306
Competitive neutrality – Australian Government Solicitor   1,201 2,775
Recoveries – personal benefit recoveries   819 106
Other non-taxation revenue:      
Recovery of unspent grant funding   308 982
Torres Strait Regional Authority receipts   800 800
Proceeds of Crime Act 2002 receipts   21,068 21,273
Other revenue   2,323 5,070
Total cash received   58,657 84,562
       
Cash used      
Grants   395,575 524,500
Subsidies   3,413 3,381
Personal benefits   25,117 114,578
Suppliers   135,862 153,404
Employees   40,501 34,876
Payments to corporate Commonwealth entities   265,673 471,068
Total cash used   866,141 1,301,807
Net cash flows (used by) operating activities   (807,484) (1,217,245)
       
INVESTING ACTIVITIES      
Cash received      
Repayments of advances and loans from state governments   21,369 8,254
Australian Government Solicitor cash transferred to Official Public Account   31,596 -
Total cash received   52,965 8,254
       
Cash used      
Purchase of land and buildings   1,799 4,113
Purchase of property, plant and equipment   1,181 1,942
Purchase of intangibles   713 413
Payments to corporate Commonwealth entities for capital purchases   25,131 31,512
Advances and loans made to state governments   - 7,037
Total cash used   28,824 13,505
Net cash flows from/(used by) investing activities   24,141 (5,251)
       
FINANCING ACTIVITIES      
Cash received      
Contributed equity – transfer from Official Public Account   3,959 12,886
Net cash flows from financing activities   3,959 12,886
Net (decrease) in cash held   (779,384) (1,209,610)
       
Cash and cash equivalents at the beginning of the reporting period   3 4
Cash from Official Public Account      
Appropriations   575,306 702,019
Special appropriations   23,432 126,721
Payments to corporate Commonwealth entities   290,804 471,068
Total cash from Official Public Account   889,542 1,299,808
       
Cash to Official Public Account for      
Appropriations   (87,686) (66,553)
Special accounts   (22,474) (23,646)
Total cash to Official Public Account   (110,160) (90,199)
Cash and cash equivalents at the end of the reporting period   1 3

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

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