Primary financial statements

ATTORNEY-GENERAL'S DEPARTMENT STATEMENT OF COMPREHENSIVE INCOME for the period ended 30 June 2017
	Notes	2017 $'000	2016 $'000
NET COST OF SERVICES
EXPENSES
Employee benefits	2.1A	219,274	243,289
Suppliers	4.1A	98,310	102,318
Grants	4.1B	1,382	1,359
Depreciation and amortisation	6.2A	20,179	27,248
Write-down and impairment of assets and other expenses	4.1C	11,209	369
Total expenses		350,354	374,583

OWN SOURCE INCOME
Own-source revenue
Sale of goods and rendering of services	4.2A	157,573	166,291
Interest - deposits	4.2B	62	189
Special account receipts	4.2C	−	829
Total own-source revenue		157,635	167,309

Gains
Other gains	4.2D	495	639
Total gains		495	639
Total own-source income		158,130	167,948

Net cost of services		192,224	206,635

Revenue from government - departmental appropriations	3.1A/4.2E	199,889	194,013
Surplus/(Deficit) attributable to the Australian Government		7,665	(12,622)

OTHER COMPREHENSIVE INCOME
Items not subject to subsequent reclassification to 'net cost of service'
Changes in asset revaluation surplus	6.2A	(107)	(1,653)
Total other comprehensive income		(107)	(1,653)
Total comprehensive surplus/(deficit) attributable to the Australian Government		7,558	(14,275)

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

Budget variance commentary is disclosed in Note 1.1A.

ATTORNEY-GENERAL'S DEPARTMENT STATEMENT OF FINANCIAL POSITION as at 30 June 2017
	Notes	2017 $'000	2016 $'000
ASSETS
Financial assets
Cash and cash equivalents	6.1A	43,923	33,153
Trade and other receivables	6.1B	113,571	89,022
Total financial assets		157,494	122,175

Non-financial assets
Land and buildings	6.2A	56,690	64,613
Property, plant and equipment	6.2A	25,072	22,321
Intangibles	6.2A	24,823	19,332
Other non-financial assets	6.2C	10,662	6,907
Total non-financial assets		117,247	113,173
Total assets		274,741	235,348

LIABILITIES
Payables
Suppliers	6.3A	40,332	33,537
Grants	6.3B	300	266
Other payables	6.3C	38,697	31,481
Total payables		79,329	65,284

Provisions
Employee provisions	2.2A	61,101	60,343
Makegood provisions	6.4A	41	41
Other provisions	6.4B	142	3,614
Total provisions		61,284	63,998
Total liabilities		140,613	129,282
Net assets		134,128	106,066

EQUITY
Contributed equity		250,345	229,841
Reserves		20,604	20,711
Accumulated deficit		(136,821)	(144,486)
Total equity		134,128	106,066

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

Budget variance commentary is disclosed in Note 1.1A.

ATTORNEY-GENERAL'S DEPARTMENT STATEMENT of CHANGES in EQUITY for the period ended 30 June 2017
	Notes	Retained earnings		Asset revaluation reserve		Contributed equity/capital		Total equity
		2017 $'000	2016 $'000	2017 $'000	2016 $'000	2017 $'000	2016 $'000	2017 $'000	2016 $'000
Opening balance
Balance carried forward from previous period		(144,486)	(131,982)	20,711	22,364	229,841	245,328	106,066	135,710
Adjustment for prior period		−	118	−	−	−	−	−	118
Adjusted opening balance		(144,486)	(131,864)	20,711	22,364	229,841	245,328	106,066	135,828

Comprehensive Income
Other comprehensive income		−	−	(107)	(1,653)	−	−	(107)	(1,653)
Surplus/(Deficit) for the period		7,665	(12,622)	−	−	−	−	7,665	(12,622)
Total comprehensive income		7,665	(12,622)	(107)	(1,653)	−	−	7,558	(14,275)

Transactions with owners
Distributions to owners
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	9.1A	−	−	−	−	−	(43,513)	−	(43,513)
Restructuring: Australian Government Solicitor	9.1A	−	−	−	−	−	26,405	−	26,405
Contributions by owners
Departmental Capital Budget		−	−	−	−	15,773	16,533	15,773	16,533
Equity injection - Appropriations		−	−	−	−	4,731	29,786	4,731	29,786
Total transactions with owners		−	−	−	−	20,504	(15,487)	20,504	(15,487)
Closing balance as at 30 June		(136,821)	(144,486)	20,604	20,711	250,345	229,841	134,128	106,066

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 (DCBs) 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 (FRR) require that distributions to owners be debited to contributed equity unless in the nature of a dividend.

Budget variance commentary is disclosed in Note 1.1A.

ATTORNEY-GENERAL'S DEPARTMENT CASH FLOW STATEMENT for the period ended 30 June 2017
	Notes	2017 $'000	2016 $'000
OPERATING ACTIVITIES
Cash received
Sale of goods and rendering of services		151,869	164,750
Appropriations		223,615	262,674
Net goods and services tax received		6,659	9,045
Interest		62	189
Other		−	829
Total cash received		382,205	437,487

Cash used
Employees		213,816	255,762
Suppliers		101,495	122,095
Grants		1,348	1,118
Section 74 receipts transferred to Official Public Account		43,476	49,819
Total cash used		360,135	428,794
Net cash from operating activities		22,070	8,693

INVESTING ACTIVITIES
Cash used
Purchase of land and buildings		12,103	1,826
Purchase of property, plant and equipment		9,072	4,947
Purchase of intangibles and internally developed intangibles		10,629	7,318
Total cash used		31,804	14,091
Net cash used by investing activities		(31,804)	(14,091)

FINANCING ACTIVITIES
Cash received
Contributed equity		20,504	33,196
Total cash received		20,504	33,196

Cash used
Dividends paid		−	−
Total cash used		−	−
Net cash from financing activities		20,504	33,196

Net increase/(decrease) in cash held		10,770	27,798
Cash and cash equivalents at the beginning of the reporting period		33,153	6,306
Cash transferred as part of restructure to the Department of Communications and the Arts	9.1A	−	(951)
Cash and cash equivalents at the end of the reporting period	6.1A	43,923	33,153

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

Budget variance commentary is disclosed in Note 1.1A.

ATTORNEY-GENERAL'S DEPARTMENT ADMINISTERED SCHEDULE OF COMPREHENSIVE INCOME for the period ended 30 June 2017
	Notes	2017 $'000	2016 $'000
NET COST OF SERVICES
EXPENSES
Employee benefits	2.1B	46,489	41,274
Suppliers	5.1A	101,690	112,710
Subsidy to Law Courts Limited	5.1B	3,446	3,413
Personal benefits	5.1C	28,187	24,897
Grants	5.1D	437,141	396,204
Depreciation and amortisation	7.2A	5,195	10,024
Write-down and impairment of assets and other expenses	5.1E	(13)	456
Payments to corporate Commonwealth entities	5.1F	−	265,673
Total expenses		622,135	854,651

INCOME
Revenue
Non-taxation revenue
Rendering of services	5.2A	32,478	7,467
Interest from loans to state and territory governments	5.2B	2,674	1,728
Dividends - Australian Government Solicitor	5.2C	−	163
Competitive neutrality - Australian Government Solicitor	5.2D	2,857	1,201
Recoveries - personal benefit recoveries	5.2E	565	819
Other non-taxation revenue	5.2F	10,393	25,499
Total non-taxation revenue		48,967	36,877
Net cost of services		573,168	817,774

OTHER COMPREHENSIVE INCOME
Items not subject to subsequent reclassification to net cost of services
Changes in asset revaluation surplus		5,945	22,045
Actuarial gains/losses on defined benefit plans - former Solicitor-Generals' pensions	2.3	(81)	(488)
Total other comprehensive income		5,864	21,557
Total comprehensive income attributable to the Australian Government		(567,304)	(796,217)

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

Budget variance commentary is disclosed in Note 1.1B.

ATTORNEY-GENERAL'S DEPARTMENT ADMINISTERED SCHEDULE OF ASSETS AND LIABILITIES as at 30 June 2017
	Notes	2017 $'000	2016 $'000
ASSETS
Financial assets
Cash on hand or deposit	7.1A	4	1
Loans and receivables	7.1B	135,417	101,985
Investments	7.1C	351,236	348,926
Total financial assets		486,657	450,912

Non-financial assets
Land and buildings	7.2A	880	1,977
Property, plant and equipment	7.2A	3,030	5,656
Intangibles	7.2A	835	1,545
Other non-financial assets	7.2C	642	1,351
Total non-financial assets		5,387	10,529
Total assets administered on behalf of Government		492,044	461,441

LIABILITIES
Payables
Suppliers	7.3A	13,769	13,178
Grants	7.3B	9,639	5,671
Other payables	7.3C	328	252
Total payables		23,736	19,101

Provisions
Employee provisions	2.2B	2,619	2,049
Superannuation provision - former Solicitor-Generals' pensions	2.3	5,671	5,869
Makegood provisions	7.4	1,323	1,310
Total provisions		9,613	9,228
Total liabilities administered on behalf of Government		33,349	28,329
Net assets		458,695	433,112

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

Budget variance commentary is disclosed in Note 1.1B.

ATTORNEY-GENERAL'S DEPARTMENT ADMINISTERED RECONCILIATION SCHEDULE for the period ended 30 June 2017
	2017 $'000	2016 $'000

Opening assets less liabilities as at 1 July	433,112	9,306,623

Net cost of services
Income	48,967	36,877
Expenses
Payments to entities other than corporate Commonwealth entities	(622,135)	(588,978)
Payments to corporate Commonwealth entities	−	(265,673)
Other comprehensive income
Revaluations transferred to reserves	5,945	22,045
Actuarial gain/(loss) - former Solicitor-Generals' pensions taken to equity	(81)	(488)

Transfers (to)/from the Australian Government
Appropriation transfers from the Official Public Account (OPA)
Administered assets and liabilities appropriations	19,311	3,959
Annual appropriations
Payments to entities other than corporate Commonwealth entities	606,811	575,306
Payments to corporate Commonwealth entities	−	290,804
Special appropriations (unlimited)
Payments to entities other than corporate Commonwealth entities	26,872	23,432
Appropriation transfers to OPA
Transfers to OPA	(60,107)	(110,160)
Restructuring (refer to Note 9.1B)	−	(8,860,635)
Closing assets less liabilities as at 30 June	458,695	433,112

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 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 2017
	Notes	2017 $'000	2016 $'000
OPERATING ACTIVITIES
Cash received
Rendering of services		2,651	3,415
Interest from loans to state and territory governments		1,245	1,776
Dividends - Australian Government Solicitor		−	163
Net goods and services tax received		21,989	25,784
Competitive neutrality - Australian Government Solicitor		2,857	1,201
Recoveries - personal benefit recoveries		565	819
Other non-taxation revenue:
Recovery of unspent grant funding		411	308
Torres Strait Regional Authority receipts		800	800
Proceeds of Crime Act 2002 receipts		6,120	21,068
Other revenue		3,062	3,323
Total cash received		39,700	58,657

Cash used
Grants		433,173	395,575
Subsidy to Law Courts Limited		3,446	3,413
Personal benefits		28,467	25,117
Suppliers		118,690	135,862
Employees		45,872	40,501
Payments to corporate Commonwealth entities		−	265,673
Total cash used		629,648	866,141
Net cash flows used by operating activities		(589,948)	(807,484)

INVESTING ACTIVITIES
Cash received
Repayments of advances and loans from state governments		16,360	21,369
Australian Government Solicitor cash transferred to Official Public Account		−	31,596
Total cash received		16,360	52,965

Cash used
Purchase of land and buildings		16	1,799
Purchase of property, plant and equipment		746	1,181
Purchase of intangibles		−	713
Payments to corporate Commonwealth entities for capital purchases		−	25,131
Advances and loans made to state governments		18,534	−
Total cash used		19,296	28,824
Net cash flows used by investing activities		(2,936)	24,141

FINANCING ACTIVITIES
Cash received
Contributed equity - transfer from Official Public Account		19,311	3,959
Net cash flows from financing activities		19,311	3,959
Net decrease in cash held		(573,573)	(779,384)

Cash and cash equivalents at the beginning of the reporting period		1	3
Cash from Official Public Account
Appropriations		606,811	575,306
Special appropriations		26,872	23,432
Payments to corporate Commonwealth entities		−	290,804
Total cash from official public account		633,683	889,542

Cash to Official Public Account for
Appropriations		(52,974)	(87,686)
Special appropriations		(7,133)	(22,474)
Total cash to official public account		(60,107)	(110,160)
Cash and cash equivalents at the end of the reporting period	7.1A	4	1

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