​​​​​​​
You are here: Skip breadcrumbAttorney-General's Department >> Publications >> Annual reports >> Annual report 2008-09 >> Annual Report 2008-09 Financial Statements

Annual Report 2008-09 Financial Statements


 


Independent Auditor's Report

Independent Auditor's Report 

 

Statement by the Chief Executive Officer and Chief Finance Officer

In our opinion, the attached financial statements for the year ended 30 June 2009 have been prepared based on properly maintained financial records and give a true and fair view of the matters required by the Finance Minister's Orders made under the Financial Management and Accountability Act 1997, as amended.

Roger Wilkins's signature
Roger Wilkins
Chief Executive
27 August 2009
  Stephen Lutze's signature
Stephen Lutze
Chief Finance Officer
27 August 2009

Financial Statements

INCOME STATEMENT for Attorney-General's Department
for the period ended 30 June 2009
    2009 2008
  Notes $’000 $’000
INCOME      
Revenue      
Revenue from Government 3A 233,507 216,933
Sale of goods and rendering of services 3B 21,722 19,872
Interest 3C 1 1
Total revenue   255,230 236,806
       
Gains      
Other gains 3D 347 415
Total income   255,577 237,221
       
EXPENSES      
Employee benefits 4A 154,671 139,972
Suppliers 4B 85,220 91,624
Depreciation and amortisation 4C 15,839 13,182
Finance costs 4D 804 540
Write-down and impairment of assets 4E 784 4,737
Other expenses 4F 8 421
Total expenses   257,326 250,476
       
Deficit attributable to the Australian Government   (1,749) (13,255)

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

BALANCE SHEET for Attorney-General's Department
as at 30 June 2009
    2009 2008
  Notes $’000 $’000
ASSETS      
Financial assets      
Cash and cash equivalents 5A 1,131 1,293
Trade and other receivables 5B 148,604 158,985
Total financial assets   149,735 160,278
       
Non-financial assets      
Land and buildings 6A 60,249 31,150
Property, plant and equipment 6B,C 23,979 19,777
Intangibles 6D 11,387 5,877
Inventories 6E 78 103
Other non-financial assets 6F 924 1,269
Total non-financial assets   96,617 58,176
Total assets   246,352 218,454
       
LIABILITIES      
Payables      
Suppliers 7A 17,670 16,160
Other payables 7B 13,152 9,060
Total payables   30,822 25,220
       
Interest bearing liabilities      
Leases 8A 6,287 8,397
Other interest bearing liabilities 8B 1,949 132
Total interest bearing liabilities   8,236 8,529
       
Provisions      
Employee provisions 9A 38,665 35,517
Other provisions 9B 566 1,160
Total provisions   39,231 36,677
Total liabilities   78,289 70,426
       
Net assets   168,063 148,028
       
EQUITY      
Parent entity interest      
Contributed equity   129,274 110,991
Reserves   19,124 16,077
Retained surplus   19,665 20,960
Total Equity   168,063 148,028
       
Current assets   150,737 161,650
Non-current assets   95,615 56,804
Current liabilities   65,542 59,346
Non-current liabilities   12,747 11,080
The above balance sheet should be read in conjunction with the accompanying notes.

 

STATEMENT OF CHANGES IN EQUITY for Attorney-General's Department
as at 30 June 2009
  Retained earnings Asset revaluation reserves Contributed equity/capital Total equity
  2009 2008 2009 2008 2009 2008 2009 2008
  $’000 $'000 $’000 $’000 $’000 $’000 $’000 $’000
Opening balance                
                 
Balance carried forward from previous period 20,960 40,454 16,077 16,077 110,991 72,678 148,028 129,209
Adjustment in accordance with determination to amend reduction of appropriations upon request (No. 1 of 2008-2009)1 454 - - - - - 454 -
Adjustment for POCA funding - (6,239) - - - - - (6,239)
Adjusted opening balance 21,414 34,215 16,077 16,077 110,991 72,678 148,482 122,970
                 
Income and expenses                
Revaluation adjustment - - 3,047 - - - 3,047 -
Deficit for the period (1,749) (13,255) - - - - (1,749) (13,255)
Total income and expenses (1,749) (13,255) 3,047 - - - 1,298 (13,255)
                 
Transactions with owners                
Appropriation - equity injection - - - - 18,283 35,782 18,283 35,782
Restructuring - - - - - 2,531 - 2,531
Sub-total transactions with owners - - - - 18,283 38,313 18,283 38,313
                 
Closing balance as at 30 June 19,665 20,960 19,124 16,077 129,274 110,991 168,063 148,028

1 In 2008-09, the Minister for Finance and Deregulation repealed the 2007-08 determination to reduce appropriation by $1,251,000, and substituted the reduction with a smaller amount of $797,000, resulting in a balance of $454,000 being recognised in equity.

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

CASH FLOW STATEMENT for Attorney-General's Department
for the period ended 30 June 2009
    2009 2008
  Notes $’000 $’000
OPERATING ACTIVITIES      
Cash received      
Goods and services   24,405 16,278
Appropriations   221,444 221,584
Interest   1 1
Total cash received   245,850 237,863
       
Cash used      
Employees   151,524 133,299
Suppliers   77,316 89,622
Borrowing costs   804 540
Net GST paid   2,585 246
Other cash used   - 1
Total cash used   232,229 223,708
Net cash from operating activities 11 13,621 14,155
       
INVESTING ACTIVITIES      
Cash used      
Purchase of land and buildings   35,270 21,663
Purchase of property, plant and equipment   10,357 6,116
Purchase of intangibles   7,252 5,284
Total cash used   52,879 33,063
Net cash used by investing activities   (52,879) (33,063)
       
FINANCING ACTIVITIES      
Cash received      
Appropriations - contributed equity   41,206 15,730
Cash received - restructuring   - 4,051
Total cash received   41,206 19,781
       
Cash used      
Repayment of borrowings   2,110 3,173
Total cash used   2,110 3,173
Net cash from financing activities   39,096 16,608
       
Net decrease in cash held   (162) (2,300)
       
Cash and cash equivalents at the beginning of the reporting period   1,293 3,593
       
Cash and cash equivalents at the end of the reporting period 5A 1,131 1,293

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

 

SCHEDULE OF COMMITMENTS for Attorney-General's Department
as at 30 June 2009
  2009 2008
  $’000 $’000
BY TYPE    
COMMITMENTS PAYABLE    
Capital commitments    
Land and buildings 1 4,388 25,930
Infrastructure, plant and equipment 2 9,405 10
Total capital commitments 13,793 25,940
     
Other commitments    
Operating leases 3 242,077 236,575
Other commitments 5,593 14,031
Total other commitments 247,670 250,606
     
Less COMMITMENTS RECEIVABLE    
GST recoverable on commitments 25,033 25,084
Total commitments receivable 25,033 25,084
     
Net commitments by type 236,430 251,462
     
BY MATURITY    
COMMITMENTS PAYABLE    
Capital commitments    
One year or less 13,090 25,940
From one to five years 703 -
Total capital commitments 13,793 25,940
     
Operating lease commitments    
One year or less 20,493 17,019
From one to five years 71,493 66,870
Over five years 150,091 152,686
Total operating lease commitments 242,077 236,575
     
Other Commitments    
One year or less 3,606 9,092
From one to five years 1,807 4,875
Over five years 180 64
Total other commitments 5,593 14,031
     
Less COMMITMENTS RECEIVABLE    
Other commitments receivable    
One year or less 3,326 4,675
From one to five years 6,728 6,523
Over five years 14,979 13,886
Total other commitments receivable 25,033 25,084
     
Net commitments by maturity 236,430 251,462
NB: Commitments are GST inclusive where relevant.    

1 Outstanding contractual payments for fitout under construction.

2 Plant and equipment commitments are primarily contracts for the development of a personal property securities register.

3 Operating leases included 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 an 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.
Agreements for the provision of motor vehicles to senior executive officers. There are no renewal or purchase options available to the Department.

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

 

SCHEDULE OF CONTINGENCIES for Attorney-General's Department as at 30 June 2009
Contingent Assets Guarantees Indemnities Claims for damages or costs TOTAL
  2009 2008 2009 2008 2009 2008 2009 2008
  $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
Balance from previous period - - - - - 150 - 150
New - - - - - - - -
Re-measurement - - - - - (150) - (150)
Assets recognised - - - - - - - -
Expired - - - - - - - -
Total Contingent Assets - - - - - - - -
                 
Contingent Liabilities Guarantees   Indemnities   Claims for damages or costs   TOTAL  
  2009 2008 2009 2008 2009 2008 2009 2008
  $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
Balance from previous period - - - - - 17 - 17
New - - - - - - - -
Re-measurement - - - - - - - -
Liabilities recognised - - - - - (17) - (17)
Obligations expired - - - - - - - -
Total Contingent Liabilities - - - - - - - -
Net Contingent Assets (Liabilities) - - - - - - - -

Unquantifiable and material contingencies are disclosed in Note 12: Contingent Assets and Liabilities.

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

SCHEDULE OF ADMINISTERED ITEMS for Attorney-General's Department
    2009 2008
  Notes $’000 $’000
Income administered on behalf of Government
for the period ended 30 June 2009
     
       
Revenue      
Taxation revenue      
Indirect tax 16J 1,055 398
Other tax 16K 1,316 598
Total taxation revenue   2,371 996
       
Non-taxation revenue      
Dividends 16A 2,473 5,686
Competitive neutrality 16B 5,160 5,118
Sale of goods and rendering of services 16C 16,809 13,656
Fees and fines 16D 694 274
Interest 16E 8,861 8,493
Rental income 16F 3,230 1,585
Royalties 16G 3,171 651
Other revenue 16H 1,421 8,085
Total non-taxation revenue   41,819 43,548
Total revenues administered on behalf of Government   44,190 44,544
       
Gains      
Other gains 16I 3,759 8,087
Total income administered on behalf of Government   47,949 52,631
       
Expenses administered on behalf of Government
for the period ended 30 June 2009
     
       
Employee benefits 17A 8,640 4,407
Suppliers 17B 79,820 56,440
Subsidies 17C 55,775 52,416
Personal benefits 17D 55,949 56,550
Grants 17E 610,835 623,768
Write-down and impairment of assets 17F 1,307 4,035
Depreciation and amortisation 17G 17,497 10,841
Payments to CAC Act bodies 17H 10,856 -
Other expenses 17I 6,394 -
Total expenses administered on behalf of Government   847,073 808,457

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

SCHEDULE OF ADMINISTERED ITEMS for Attorney-General's Department
    2009 2008
  Notes $’000 $’000
Assets administered on behalf of Government
as at 30 June 2009
     
       
Financial assets      
Cash and cash equivalents 18A 619 182
Loans and receivables 18B 150,162 156,523
Investments 18C 349,406 350,992
Total financial assets   500,187 507,697
       
Non-financial assets      
Land and buildings 18D 110,046 111,749
Property, plant and equipment 18E 199,180 198,233
Inventories 18F 2,124 2,001
Intangibles 18G 1,590 1,618
Other non-financial assets 18H 55 13
Total non-financial assets   312,995 313,614
Assets held for sale 18I - 6,327
Total assets administered on behalf of Government   813,182 827,638
       
Liabilities administered on behalf of Government
as at 30 June 2009
     
       
Payables      
Suppliers 19A 19,241 14,621
Personal benefits 19B 680,500 572,057
Grants and subsidies 19C 12,399 24,894
Other payables 19D 748 1,546
Total payables   712,888 613,118
       
Provisions      
Employee provisions 19E 1,680 1,482
Asbestos removal provision 19F 10,230 7,162
Phosphate mine rehabilitation provision 19G 2,784 2,914
Total provisions   14,694 11,558
Total liabilities administered on behalf of Government   727,582 624,676

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

SCHEDULE OF ADMINISTERED ITEMS for Attorney-General's Department
    2009 2008
  Notes $’000 $’000
Administered cash flows
for the period ended 30 June 2009
     
       
OPERATING ACTIVITIES      
Cash received      
Dividends   5,436 6,766
Net GST received   839 -
Competitive neutrality   5,160 5,200
Sales of goods and rendering of services   17,608 14,673
Levies, fees, taxes and fines   3,065 1,271
Interest   8,861 6,066
Rental income   3,230 1,585
Royalties   3,171 651
Other   1,666 6,611
Total cash received   49,036 42,823
Cash used      
Grant payments   621,865 612,684
Subsidies paid   57,240 49,853
Personal benefits   30,861 27,069
Suppliers   74,634 46,731
Net GST paid   - 143
Employees   8,442 4,409
Payments to CAC Act bodies   10,856 -
Total cash used   803,898 740,889
Net cash flows used by operating activities   (754,862) (698,066)
       
INVESTING ACTIVITIES      
Cash Received      
Repayments of advances and loans   4,145 5,367
Proceeds from sale of property, plant and equipment   248 62
Total cash received   4,393 5,429
Cash used      
Purchase of land & buildings   1,952 -
Purchase of property, plant and equipment   11,757 4,102
Purchase of intangibles   147 -
Advances and loans made   129 -
Total cash used   13,985 4,102
Net cash flows from (used by) investing activities   (9,592) 1,327
       
FINANCING ACTIVITIES      
Cash received      
GST Appropriation cash from Official Public Account   21,950 26,819
Total cash received   21,950 26,819
Cash used      
Cash to Official Public Account   22,476 26,197
Total cash used   22,476 26,197
Net cash flows from (used by) financing activities   (526) 622
       
Net decrease in cash held   (764,980) (696,117)
       
Cash and cash equivalents at the beginning of the reporting period   182 63
Cash received - restructuring   - 25
Cash from Official Public Account for:      
-Appropriations   805,923 745,226
-Appropriations - capital   12,787 3,736
-Special accounts   10,015 3,580
-Revenue from CAC entities   10,856 -
    839,581 752,542
       
Cash to Official Public Account for:      
- Appropriations   (67,963) (51,164)
- Special accounts   (6,201) (5,167)
    (74,164) (56,331)
Cash and cash equivalents at the end of the reporting period 18A 619 182

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

 

SCHEDULE OF ADMINISTERED ITEMS for Attorney-General's Department
  2009 2008
  $’000 $’000
Administered commitments
as at 30 June 2009
   
     
BY TYPE    
COMMITMENTS PAYABLE    
Capital commitments    
Infrastructure, plant and equipment 1 31,310 -
Total capital commitments 31,310 -
     
Other commitments 2    
Grants - multi year agreements 515,111 1,341,739
Total other commitments 515,111 1,341,739
     
Less COMMITMENTS RECEIVABLE    
GST recoverable on commitments 13,107 9,875
Total commitments receivable 13,107 9,875
Net commitments by type 533,314 1,331,864
     
BY MATURITY    
COMMITMENTS PAYABLE    
Capital commitments    
One year or less 31,250 -
From one to five years 60 -
Total capital commitments 31,310 -
     
Other commitments    
One year or less 243,036 398,348
From one to five years 272,075 943,391
Total other commitments 515,111 1,341,739
     
Less COMMITMENTS RECEIVABLE    
Other commitments receivable    
One year or less 8,081 8,850
From one to five years 5,026 1,025
Total other commitment receivables 13,107 9,875
Net commitments by maturity 533,314 1,331,864

1 Infrastructure, plant and equipment commitments are primarily contracts for the upgrade of airport facilities in the Indian Ocean Territories.

2 Other commitments is grant amounts payable under agreements in respect of which the grantee has yet to provide the services required under the agreement.

Elements of these commitments are fully funded in forward estimates.

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

SCHEDULE OF ADMINISTERED ITEMS for Attorney-General's Department
Administered contingencies
as at 30 June 2009
                   
                     
Administered Contingent Assets Guarantees Indemnities Claims for damages or costs APEC Assets TOTAL
  2009 2008 2009 2008 2009 2008 2009 2008 2009 2008
  $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
Balance from previous period - - - - - - - 10,623 - 10,623
New - - - - - - - - - -
Assets held for sale at fair value - - - - - - - (8,025) - (8,025)
Plant and equipment expensed - - - - - - - (2,598) - (2,598)
Total Administered Contingent Assets - - - - - - - - - -
                     
Administered Contingent Liabilities                    
  2009 2008 2009 2008 2009 2008 2009 2008 2009 2008
  $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
Balance from previous period - - - - - - - - - -
New - - - - - - - - - -
Re-measurement - - - - - - - - - -
Liabilities recognised - - - - - - - - - -
Obligations expired - - - - - - - - - -
Total Administered Contingent Liabilities - - - - - - - - - -
Net Contingent Assets (Liabilities) - - - - - - - - - -

Unquantifiable and material contingencies are disclosed in Note 21: Administered contingent assets and liabilities.

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

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
as at 30 June 2009
Note 1: Summary of significant accounting policies
Note 2: Events after the balance sheet date
Note 3: Income
Note 4: Expenses
Note 5: Financial assets
Note 6: Non-financial assets
Note 7: Payables
Note 8: Interest bearing liabilities
Note 9: Provisions
Note 10: Restructuring
Note 11: Cash flow reconciliation
Note 12: Contingent assets and liabilities
Note 13: Executive remuneration
Note 14: Remuneration of auditors
Note 15: Financial instruments
Note 16: Income administered on behalf of government
Note 17: Expenses administered on behalf of government
Note 18: Assets administered on behalf of government
Note 19: Liabilities administered on behalf of government
Note 20: Administered reconciliation table
Note 21: Administered contingent assets and liabilities
Note 22: Administered investments
Note 23: Administered financial instruments
Note 24: Appropriations
Note 25: Special accounts
Note 26: Compensation and debt relief in special circumstances
Note 27: Reporting of outcomes

 

Note 1: Summary of Significant Accounting Policies

 

1.1   Objectives of the Attorney-General's Department

The Attorney-General's Department (the Department) is the central policy and coordinating element of the Attorney-General's portfolio.

The Department provides expert advice, policy development and program implementation services to the Attorney-General, the Minister for Home Affairs and the Australian Government more broadly under three outcomes:

  • Outcome 1: An equitable and accessible system of federal civil justice;
  • Outcome 2: Coordinated federal criminal justice, security and emergency management activity, for a safer Australia; and
  • Outcome 3: Assisting regions to manage their own futures.

Contributions to Outcome 1

Output Group 1.1: Family law, federal courts and tribunals, civil procedure and alternative dispute resolution
Output Group 1.2: Support for the Attorney-General as First Law Officer, constitutional policy, personal insolvency, and international legal services
Output Group 1.3: Classification, copyright and human rights
Output Group 1.4: International law
Output Group 1.5: Legislative instruments
Output Group 1.6: Native title
Output Group 1.7: Indigenous law and justice and legal assistance
Output Group 1.8: Personal property securities

Contributions to Outcome 2

Output Group 2.1: Criminal justice and crime prevention
Output Group 2.2: International criminal justice cooperation
Output Group 2.3: National security and critical infrastructure protection
Output Group 2.4: National emergency management
Output Group 2.5: Protective security and national security crises coordination
Output Group 2.6: AusCheck

Contributions to Outcome 3

Output Group 3.1: Services to territories
Output Group 3.2: Natural disaster relief and mitigation

The activities of the Department contributing toward these outcomes are classified as either departmental or administered, with all Administered items and related notes being highlighted in grey.

Departmental activities involve the use of assets, liabilities, revenues and expenses controlled or incurred by the Department in its own right.  Administered activities involve the management or oversight by the Department, on behalf of the Government, of items controlled or incurred by the Government.

The continued existence of the Department in its present form and with its present programs is dependent on Government policy and on continuing appropriations by Parliament for the Department’s administration and programs.

1.2   Basis of preparation of the financial report

The financial statements are required by section 49 of the Financial Management and Accountability Act 1997 and are a general purpose financial report.

The financial statements and notes have been prepared in accordance with:

  • Finance Minister’s Orders for Financial Reporting (FMOs) for reporting periods ending on or after 1 July 2008, and
  • Australian Accounting Standards and Interpretations issued by the Australian Accounting Standards Board (AASB) that apply for the reporting period including Interpretations issued by the AASB that apply for the reporting period.

The financial report has been prepared on an accrual basis and is in accordance with historical cost convention, except for certain assets at fair value.  Except where stated, no allowance is made for the effect of changing prices on the results or the financial position.

The financial report is presented in Australian dollars and values are rounded to the nearest thousand dollars unless otherwise specified.

Unless an alternative treatment is specifically required by an Accounting Standard or the FMOs, assets and liabilities are recognised in the balance sheet when and only when it is probable that future economic benefits will flow to the Department, or a future sacrifice of economice benefits will be required, and the amounts of the assets or liabilities can be reliably measured.  However, assets and liabilities arising under agreements equally proportionately unperformed are not recognised unless required by an Accounting Standard.  Liabilities and assets that are unrealised are reported in the Schedule of Commitments and the Schedule of Contingencies (other than unquantifiable or remote contingencies, which are reported at Note 12).

Unless alternative treatment is specifically required by an Accounting Standard, income and expenses are recognised in the Income Statement when and only when the flow, consumption or loss of economic benefits has occurred and can be reliably measured.

Administered revenues, expenses, assets and liabilities and cash flows reported in the Schedule of Administered Items and related notes are accounted for on the same basis and using the same policies as for departmental items except where otherwise stated at Note 1.21.

1.3   Significant accounting judgements and estimates

In the process of applying the accounting policies listed in this note, the Department has made the following judgements that have the most significant impact on the amounts recorded in the financial statements:

• the fair value of land and buildings has been taken to be the market value of similar properties.  In some instances, the Department's buildings are purpose built and may in fact realise more or less in the market, and

  • the fair value of the Department’s infrastructure, plant and equipment has been taken to be the market selling price.
  • The fair value of land administered on behalf of the Australian Government has been taken to be the market value of similar properties. The fair value of individual land parcels has been considered representative of their existing use and the fundamental assumption that they could be sold on a freehold basis
  • the fair value of artwork within the Nolan collection that is either owned or controlled by the Australian Government is determined using indicative market rates, and
  • an actuarial assessment was made of the liability in relation to judges’ pensions (personal benefits in the Schedule of Administered Items) in accordance with AASB 119.

No accounting assumptions or estimates have been identified that have a significant risk of causing a material adjustment to carrying amounts of assets and liabilities within the next accounting period.

1.4   Statement of compliance

Adoption of new Australian Accounting Standard requirements

No accounting standard has been adopted earlier than the application date as stated in the standard. The following new standards are applicable to the current reporting period:

  • AASB 2007-9 Amendments to Australian Accounting Standards arising from the Review of AASs 27, 29 and 31 relocated a number of paragraphs from AASs 27, 29 and 31 that were substantively unamended into the following existing standards AASB 3,   5, 8, 101, 114, 116, 127, 137.
  • AASB1004 Contributions also received a number of substantively unamended paragraphs from AASs 27, 29 and 31 following their withdrawal.
  • AASB1050 Administered Items and AASB1052 Disaggregated Disclosures were created and received a number of substantively unamended paragraphs from AASs 27 and 29.

It is not expected that the relocation of AASs 27, 29 and 31 will have a material financial impact but will affect the disclosures presented in future financial reports.

  • AASB1051 Land Under Roads was created and replaces AASs 27, 29 and 31 in respect of land under roads.  The new standard allows entities to recognise or not to recognise as an asset, land under roads acquired before the end of the first reporting period ending on or after 31 December 2007.  Attorney-General's Department elects not to recognise land under roads as an asset. The standard also clarifies that the principles in other standards (including AASB 116 Property, Plant and Equipment) apply to land under roads, except to the extent that AASB 1051 requires or permits otherwise, including the requirement that land under roads acquired after the end of the first reporting period ending on or after 31 December 2007 is accounted for in accordance with AASB 116. It is not practicable to determine the financial impact this will have for the Department.
Future Australian Accounting Standard requirements

The following new standards, amendments to standards or interpretations have been issued by the Australian Accounting Standards Board but are effective for future reporting periods. It is estimated that the impact of adopting these pronouncements when effective will have no material financial impact on future reporting periods. 

AASB 3 Business Combinations
AASB 8 Operating Segments
AASB 101 Presentation of Financial Statements
AASB 123 Borrowing Costs
AASB 2007-3 Amendments to Australian Accounting Standards arising from AASB 8
AASB 2007-6 Amendments to Australian Accounting Standards arising from AASB 123
AASB 2007-8 Amendments to Australian Accounting Standards arising from AASB 101
AASB 2008-1 Amendments to Australian Accounting Standard - Share-based Payments: Vesting Conditions and Cancellations
AASB 2008-2 Amendments to Australian Accounting Standards – Puttable Financial Instruments and Obligations arising on Liquidation
AASB 2008-3 Amendments to Australian Accounting Standards arising from AASB 3 and AASB 127

1.5   Changes in accounting policy and correction of errors

In previous years, the Department recognised grant funding received from the Insolvency and Trustee Service Australia (ITSA) under the Proceeds of Crime Act 2002 (POCA) for Non-Government Organisations (NGO) as Departmental revenue.  Following a review of the Department's accounting policy in relation to POCA receipts, it was determined that these receipts are Administered in nature and should be recorded in the "Services on behalf of other Governments and non public bodies" Special Account.  Accordingly, the Department has restated its comparatives in the Departmental and Administered financial statements in accordance with AASB 108 Accounting Policies, Changes in Accounting Estimates and Errors.

During 2007-08, the Department received POCA receipts of $4,000,000 and made related NGO grant payments of $2,436,959.  Respectively, these were recognised as revenue and expense in that financial year.

The Department also received POCA receipts and made payments to NGO in earlier financial years.  The opening retained surplus as at 1 July 2007 was restated to reflect those transactions.

Adjustments to the Departmental financial statements for 2007-08 are as follows:

2007-08 2007-08 2007-08
Financial statements Adjustment Financial statements comparative
$'000 $'000 $'000
Income Statement
• Sale of goods and rendering of services                      23,872                     (4,000)                  19,872
• Suppliers                      94,061                     (2,437)                  91,624
• (Deficit)                   (11,692)                     (1,563)                (13,255)
Balance Sheet
• Opening retained surplus                   (40,454)                        6,239                (34,215)
• Other payables                        1,258                        7,802                    9,060
• Closing retained surplus                   (28,762)                        7,802                (20,960)
Cash Flow Statement
• Cash received from goods and services                      20,278                     (4,000)                (16,278)
• Cash used for suppliers                      93,622                     (4,000)                  89,622

Adjustments to the Administered financial statements for 2007-08 are as follows:

2007-08 2007-08 2007-08
    Financial statements Adjustment Financial statements comparative
    $'000 $'000 $'000
Assets administered on behalf of Government      
• Loans and receivables                    148,721                        7,802                156,523

1.6   Transactions with the Government as owner

Equity injections

Amounts appropriated which are designated as ‘appropriation - equity injection’ for a year (less any formal reductions) are recognised directly in contributed equity in that year.

Restructuring of administrative arrangements

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

Other distributions to owners

The FMOs require that distributions to owners be debited to contributed equity unless in the nature of a dividend.

1.7   Revenue

Revenue from Government

Amounts appropriated for departmental outputs appropriations for the year (adjusted for any formal additions and reductions) are recognised as revenue when the Department gains control of the appropriation, except for appropriations which relate to activities that are reciprocal in nature, in which case revenue is recognised only when it has been earned.

Appropriations receivable are recognised at their nominal amounts.

Other types of revenue

Revenue from the sale of goods is recognised when:

  • the risks and rewards of ownership have been transferred to the buyer
  • the seller retains no managerial involvement nor effective control over the goods
  • the revenue and transaction costs incurred can be reliably measured, and
  • it is probable that the economic benefits associated with the transaction will flow to the Department.

Revenue from rendering of services is recognised by reference to the stage of completion of contracts at the reporting date.  The revenue is recognised when:

  • the amount of revenue, stage of completion and transaction costs incurred can be reliably measured, and
  • the probable economic benefits associated with the transaction will flow to the Department. 

The stage of completion of contracts at the reporting date is determined by reference to the proportion that costs incurred to date bear to the estimated total costs of the transaction.

Receivables for goods and services, which have 30 day terms, are recognised at the nominal amounts due less any provision for bad and doubtful debts.  Collectability of debts is reviewed at balance date. Provisions are made when collectability of the debt is no longer probable.

Interest revenue is recognised using the effective interest method as set out in AASB 139 Financial Instruments: Recognition and Measurement.

1.8   Gains

Resources received free of charge

Resources received free of charge are recognised as gains when and only when a fair value can be reliably determined and the services would have been purchased if they had not been donated.  Use of those resources is recognised as an expense.

Contributions of assets at no cost of acquisition or for nominal consideration are recognised as gains at their fair value when the asset qualifies for recognition, unless received from another Australian Government agency or authority as a consequence of a restructuring of administrative arrangements (refer to Note 1.6).

Sale of assets

Gains from disposal of non-current assets are recognised when control of the asset has passed to the buyer.

1.9   Employee benefits

Liabilities for services rendered by employees are recognised at the reporting date to the extent that they have not been settled.

Liabilities for ‘short-term employee benefits’ (as defined in AASB 119) and termination benefits due within twelve months of balance date are measured at their nominal amounts.  The nominal amount is calculated with regard to the rates expected to be paid on settlement of the liability.

All other employee benefit liabilities are measured at the present value of the estimated future cash outflows to be made in respect of services provided by employees up to the reporting date. 

Leave

The liability for employee benefits includes provision for annual leave and long service leave.  No provision has been made for sick leave as all sick leave is non-vesting and the average sick leave taken in future years by employees of the Department is estimated to be less than the annual entitlement for sick leave.

The leave liabilities are calculated on the basis of employees’ remuneration, including the Department’s employer superannuation contribution rates, to the extent that the leave is likely to be taken during service rather than paid out on termination.

The liability for long service leave has been determined by reference to actuarial advice.  The estimate of the present value of the liability takes into account attrition rates and pay increases through promotion and inflation.

Separation and redundancy

The Department recognises a provision for termination when it is demonstrably committed to either:
(a)   terminate the employment of an employee or group of employees before the normal retirement date, or
(b)   provide termination benefits as a result of an offer made in order to encourage voluntary redundancy.

The Department is demonstrably committed when, and only when it has developed a detailed formal plan for the terminations and there is a valid expectation, with the affected employees, that the terminations will occur.

Superannuation

The majority of the staff of the Department are members of the Commonwealth Superannuation Scheme (CSS), the Public Sector Superannuation Scheme (PSS) or the PSS accumulation plan (PSSap). From 1 July 2005, new employees are only eligible to join the PSSap scheme.

The CSS and PSS are defined benefit schemes for the Australian Government.  The PSSap is a defined contribution scheme.

The liability for defined benefits is recognised in the financial statements of the Australian Government and is settled by the Australian Government in due course.  The liability is reported by the Department of Finance and Deregulation as an administered item.

The Department makes employer contributions to the CSS and PSS employee superannuation scheme at rates determined by an actuary to be sufficient to meet the cost to the Government of the superannuation entitlements of the Department’s employees. The Department accounts for the contributions as if they were contributions to defined contribution plans.

The liability for superannuation recognised as at 30 June represents outstanding contributions at year end.

1.10   Leases

A distinction is made between finance leases and operating leases.  Finance leases effectively transfer from the lessor to the lessee substantially all the risks and rewards incidental to ownership of leased non-current assets.  An operating lease is a lease that is not a finance lease.  In operating leases the lessor effectively retains substantially all such risks and benefits.

Where a non-current asset is acquired by means of a finance lease, the asset is capitalised at either the fair value of the lease property or, if lower, the present value of minimum lease payments at the inception of the contract and a liability is recognised at the same time and for the same amount. 

The discount rate used is the interest rate implicit in the lease.  Leased assets are amortised over the period of the lease.  Lease payments are allocated between the principal component and the interest expense.

Operating lease payments are expensed on a straight-line basis which is representative of the pattern of benefits derived from the leased assets.

1.11   Borrowing costs

All borrowing costs are expensed as incurred. 

1.12   Cash

Cash and cash equivalents includes notes and coins held and any deposits in bank accounts with a bank or financial institution. Cash is recognised at its nominal amount.

1.13   Financial assets

The Department classifies its financial assets in the following categories: loans and receivables. The classification depends on the nature and purpose of the financial assets and is determined at the time of initial recognition. 

Financial assets are recognised and derecognised at 'trade date'.

Effective interest method

The effective interest method is a method of calculating the amortised cost of a financial asset and of allocating interest income over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset, or, where appropriate, a shorter period.

Income is recognised on an effective interest rate basis except for financial assets 'at fair value through profit or loss'.

Loans and receivables

Trade receivables, loans and other receivables that have fixed or determinable payments that are not quoted in an active market are classified as 'loans and receivables'. They are included in current assets, except for maturities greater than 12 months after the Balance Sheet date, which are classified as non current assets. Loans and receivables are measured at amortised cost using the effective interest method less impairment. Interest is recognised by applying the effective interest rate.

Impairment of financial assets

Financial assets are assessed for impairment at each balance date.

Financial assets held at amortised cost - if there is objective evidence that an impairment loss has been incurred for loans and receivables held at amortised cost, the amount of the loss is measured as the difference between the asset's carrying amount and the present value of estimated future cash flows discounted at the asset's original effective interest rate. The carrying amount is reduced by way of an allowance account. The loss is recognised in the Income Statement.

1.14   Financial liabilities

Financial liabilities are classified as either financial liabilities 'at fair value through profit or loss' or other financial liabilities.

Financial liabilities are recognised and derecognised upon 'trade date'.

Other financial liabilities

Other financial liabilities including borrowings, are initially measured at fair value, net of transaction costs. Other financial liabilities are subsequently measured at amortised cost using the effective interest method, with interest expense recognised on an effective yield basis.

The effective interest method is a method of calculating the amortised cost of a financial liability and of allocating interest expense over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash payments throughout the expected life of the financial liability, or where appropriate, a shorter period.

Supplier and other payables

Supplier and other payables are recognised at amortised cost. Liabilities are recognised to the extent that the goods or services have been received (irrespective of having been invoiced).

1.15   Contingent assets and contingent liabilities

Contingent assets and contingent liabilities are not recognised in the Balance Sheet but are reported in the relevant schedules and notes.  They may arise from uncertainty as to the existence of an asset or liability, or represent an existing asset or liability in respect of which settlement is not probable or the amount cannot be reliably measured.  Remote contingencies are part of this disclosure.  Contingent assets are disclosed when settlement is probable, and contingent liabilities are recognised when settlement is greater than remote.

1.16  Acquisition of assets

Assets are recorded at cost on acquisition except as stated below.  The cost of acquisition includes the fair value of assets transferred in exchange and liabilities undertaken.  Financial assets are initially measured at their fair value plus transaction costs where appropriate.

Assets acquired at no cost, or for nominal consideration, are initially recognised as assets and revenues at their fair value at the date of acquisition, unless acquired as a consequence of restructuring of administrative arrangements.  In the latter case, assets are initially recognised as contributions by owners at the amounts at which they were recognised in the transferor agency’s accounts immediately prior to the restructuring.

1.17   Property, plant and equipment 

Asset recognition threshold

Purchases of property, plant and equipment are recognised initially at cost in the Balance Sheet, except for purchases costing less than $2,000 which are expensed in the year of acquisition (other than where they form part of a group of similar items which are significant in total).

The initial cost of an asset includes an estimate of the 'makegood' cost of dismantling and removing the item and restoring the site on which it is located.  This is particularly relevant in property leases taken up by the Department where there exists an obligation to restore the property to its original condition.  These costs are included in the value of leasehold improvements with a corresponding provision for the ‘makegood’ taken up.

Revaluations

Fair values for each class of asset are determined as shown below:

Asset class: Fair value measured at:
Land Market selling price
Buildings Market selling price
Leasehold improvements Depreciated replacement cost
Property, plant & equipment Market selling price
Heritage and cultural assets Active liquid market

Following initial recognition at cost, property, plant and equipment are carried at fair value less accumulated depreciation and accumulated impairment losses. Valuations are conducted with sufficient frequency to ensure that the carrying amounts of assets do not differ materially from the assets’ fair values as at the reporting date.  The regularity of independent valuations depends upon the volatility of movements in market values for the relevant assets, but usually occurs every three years.\

Revaluation adjustments are made on a class basis.  Any revaluation increment is credited to equity under the heading of asset revaluation reserve except to the extent that it reverses a previous revaluation decrement of the same asset class that was previously recognised through the income statement.  Revaluation decrements for a class of assets are recognised directly through the income statement except to the extent that they reverse a previous revaluation increment for that class.

Any accumulated depreciation as at the revaluation date is eliminated against the gross carrying amount of the asset and the asset restated to the revalued amount.

Depreciation

Depreciable property, plant and equipment assets are written-off to their estimated residual values over their estimated useful lives to the Department using, in all cases, the straight-line method of depreciation. Leasehold improvements are depreciated on a straight-line basis over the lesser of the estimated useful life of the improvements or the unexpired period of the lease. The library assets which have been recognised as heritage assets are not depreciated, and all other library acquisitions are expensed in the year of acquisition.

Depreciation rates (useful lives), residual values and methods are reviewed at each reporting date and necessary adjustments are recognised in the current, or current and future reporting periods, as appropriate. Residual values are re-estimated for a change in price only when assets are revalued.

Depreciation rates applying to each class of depreciable Departmental asset are based on the following useful lives:

  2009 2008
Buildings on freehold land 25-50 years 25-50 years
Leasehold improvements Lease term Lease term
Infrastructure, plant and equipment 3 to 10 years 3 to 10 years

Depreciation rates applying to each class of depreciable Administered asset are based on the following useful lives:

  2009 2008
Buildings on freehold land 25-50 years 25-50 years
Leasehold improvements Lease term Lease term
Infrastructure, plant and equipment up to 100 years up to 100 years
Heritage and cultural (where applicable) up to 200 years up to 200 years
Impairment

All assets were assessed for impairment at 30 June 2009.  Where indications of impairment exist, the asset’s recoverable amount is estimated and an impairment adjustment made if the asset’s recoverable amount is less than its carrying amount.

The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use.  Value in use is the present value of the future cash flows expected to be derived from the asset.  Where the future economic benefit of an asset is not primarily dependent on the asset’s ability to generate future cash flows, and the asset would be replaced if the Department were deprived of the asset, its value in use is taken to be its depreciated replacement cost.

1.18   Intangibles

The Department's intangibles comprise internally developed software and purchased software for internal use.  These assets are carried at cost and are amortised on a straight-line basis over its anticipated useful life.

The useful life of Departmental intangibles is 3 to 5 years (2007-08: 3 to 5 years).

In addition to internally developed and purchased software the Administered intangibles also include the phosphate mining lease.  The useful life of Administered intangibles is 3 to 15 years (2007-08: 3 to 15 years).

1.19  Inventories

Inventories held for sale are valued at the lower of cost and net realisable value.

Inventories held for distribution are valued at cost, adjusted for any loss of service potential.

1.20   Taxation

The Department is exempt from all forms of taxation except fringe benefits tax (FBT) and the goods and services tax (GST).

Revenues, expenses and assets are recognised net of GST:

  • except where the amount of GST incurred is not recoverable from the Australian Taxation Office, and
  • except for receivables and payables.

1.21   Reporting of Administered Activities

Administered revenues, expenses, assets, liabilities and cash flows are disclosed in the Schedule of Administered Items and related notes.

Except where otherwise stated below, administered items are accounted for on the same basis and using the same policies as for departmental items, including the application of Australian Accounting Standards.

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 and Deregulation.  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 Department on behalf of the Government and reported as such in the Statement of Cash Flows in the Schedule of Administered Items and in Note 20: Administered Reconciliation Table. The schedule of administered items largely reflects the Government’s transactions, through the Department, with parties outside the Government.

Revenue

All administered revenues are revenues relating to the course of ordinary activities performed by the Department on behalf of the Government.

Revenue from levies, fees and fines is recognised when it is probable that the economic benefit comprising the consideration will flow to the Australian Government.

Dividend revenue represents dividends received from entities, which mainly relate to administered investments of the Department and is recognised when the dividend has been declared and the right to receive the dividend has been established.

Competitive neutrality

The Australian Government Solicitor (AGS) is a portfolio related entity and operates on a for profit basis.  As an agency within the Australian Government it is not subject to taxation other than GST and FBT.  However, under competitive neutrality arrangements, the AGS is required to make payroll tax, income tax, and practicing certificates equivalent payments to the Government.

Loans and receivables

Where receivables are not subject to concessional treatment, they are carried at amortised cost using the effective interest method. Gains and losses due to impairment, derecognition and amortisation are recognised through surplus and deficit.

Concessional loans are initially recognised at their fair value. If the rate of interest charged is lower than the government bond rate (for government/public sector loans) or the counterparty's borrowing rate (for non government loans) the difference between the amortised cost and the fair value of the loan is treated as an expense. 

Administered investments

Administered investments in controlled entities are not consolidated because their consolidation is relevant only at the whole of Government level.

Administered investments other than those held for sale are measured at their fair value as at 30 June 2009.  Fair value has been taken to be the net assets of the entities as at balance date.

Personal benefits

Personal benefits are measured at the present value of the estimated future cash outflows to be made in respect of service provided up to the reporting date.  The current year figure is calculated with reference to AASB 119. 

Grants and subsidies

The Department administers a number of grant and subsidy schemes on behalf of the Government.

Grant and subsidy liabilities are recognised to the extent that (i) the services required to be performed by the grantee have been performed or (ii) the grant eligibility criteria have been satisfied, but payments due have not been made.  A commitment is recorded when the Government enters into an agreement to make these grants but services have not been performed or criteria satisfied.

Payments to CAC Act bodies

From 2008-09, payments to CAC Act bodies from amounts appropriated for that purpose are classified as administered expenses of the relevant portfolio department.  The appropriation to the department is disclosed in Tables A of Note 24.

Note 2: Events after the Balance Sheet Date

There are no known events after the Balance Sheet date which will have a material impact on the Department.

Note 3: Income

2009 2008
  $’000 $’000

Note 3A: Revenue from Government

Appropriations:
Departmental outputs 233,507 216,933
 

Note 3B: Sale of goods and rendering of services

Sale of goods - related entities  - 31
Sale of goods - external entities 636 324
Total sale of goods 636 355
 
Rendering of services - related entities 11,327 8,007
Rendering of services - external entities 9,759 11,510
Total rendering of services 21,086 19,517
 
Total sale of goods and rendering of services 21,722 19,872
 

Note 3C: Interest revenue

Interest on bank accounts 1 1
 

Note 3D: Other gains

Resources received free of charge 347 415

Note 4: Expenses

2009 2008
  $’000 $’000

Note 4A: Employee benefits

Wages and salaries 115,429 102,203
Superannuation:
Defined benefit plans 14,228 15,588
Defined contribution plans 6,816 3,680
Leave and other entitlements 14,024 14,100
Separation and redundancies 1 (90) 215
Other employee expenses 4,264 4,186
Total employee benefits 154,671 139,972
1 Separation and redundancies of $89,559 were accrued in 2007-2008 in respect of two employees, however no separation and redundancy payments were made in 2008-2009.  The 2008-2009 reported amount shows the accrual reversal only.
     

Note 4B: Suppliers

Provision of goods – related entities  9,205 9,367
Provision of goods – external entities 29,500 37,482
Rendering of services – related entities 9,153 10,084
Rendering of services – external entities 20,147 20,695
Operating lease rentals - external entities:
Minimum lease payments 16,807 13,468
Contingent rentals  - 4
Workers compensation premiums 408 524
Total supplier expenses 85,220 91,624
     

Note 4C: Depreciation and amortisation

Depreciation:
Buildings and leasehold improvements 6,896 5,411
Property, plant and equipment 3,097 3,011
Total depreciation 9,993 8,422
     
Amortisation:
Assets held under finance leases 4,347 3,534
Intangibles: computer software 1,499 1,226
Total amortisation 5,846 4,760
Total depreciation and amortisation 15,839 13,182
     

Note 4D: Finance costs

Finance leases 804 540
Note 4: Expenses (continued)    
  2009 2008

Note 4E: Write-down and impairment of assets

Inventory  - 30
Write down of non-financial assets
Infrastructure, plant and equipment 241 71
Heritage and cultural 557  -
Intangibles 111  -
Impairment of non-financial assets
Intangibles  - 4,595
Impairment of financial assets
Bad and doubtful debts expense 1 (125) 41
Total write-down and impairment of assets 784 4,737
1 Bad and doubtful debts expense shows a negative of $124,895 in 2008-09 as a result of an invoice written off in a prior year and subsequently recovered.
     

Note 4F: Other expenses

Defective administration scheme payments  - 66
Goods provided free of charge  - 355
Unwinding of makegood expense 8  -
Total other expenses 8 421

 

Note 5: Financial Assets

2009 2008
  $’000 $’000
     

Note 5A: Cash and cash equivalents

Cash on hand 14 14
Cash at bank 1,117 1,279
Total cash and cash equivalents 1,131 1,293
     

Note 5B: Trade and other receivables

Goods and services - related entities 3,408 4,375
Goods and services - external entities 1,686 2,548
Total receivables for goods and services 5,094 6,923
Appropriations receivable:    
for existing outputs 137,236 149,870
for addtional outputs 2,228  -
Other receivables:    
GST receivable from the Australian Taxation Office 3,871 1,286
Other 293 1,239
Total other receivables 143,628 152,395
     
Total trade and other receivables (gross) 148,722 159,318
Less: impairment allowance:    
Goods and services (118) (333)
Total trade and other receivables (net) 148,604 158,985
     
Receivables are represented by:    
Current 148,604 158,985
     
Receivables are aged as follows:    
Not overdue 147,824 157,884
Overdue by:    
     Less than 30 days 498 377
     30 to 60 days 127 269
     61 to 90 days 29 112
     More than 90 days 244 676
Total receivables (gross) 148,722 159,318
     
The impairment allowance is aged as follows:    
Overdue by:    
     More than 90 days (118) (333)

Reconciliation of the allowance impairment:

Movements in relation to 2009 ($215,288) (2008: $18,501)    
  Goods and services Goods and services
  2009 2008
  $'000 $'000
Opening balance 333 314
Amounts written off 24 (10)
Amounts recovered and reversed (239) 29
Closing balance 118 333

 

Note 6: Non-Financial Assets

  2009 2008
  $’000 $’000
     

Note 6A:  Land and buildings

Freehold land at fair value 865 650
     
Buildings on freehold land:    
Fair value 335 600
Accumulated depreciation  - (40)
Total buildings on freehold land 335 560
     
Leasehold improvements:    
Fair value 59,705 32,715
Accumulated depreciation (876) (8,831)
Work in progress (at cost) 220 6,056
Total leasehold improvements 59,049 29,940
Total land and buildings (non-current) 60,249 31,150
     
No indicators of impairment were found for land, buildings and leasehold improvements.
     

Note 6B:  Property, plant and equipment

Infrastructure, plant and equipment:    
Fair value 33,590 28,689
Accumulated depreciation (11,426) (11,284)
Total infrastructure, plant and equipment 22,164 17,405
Heritage and cultural:    
Library fair value 1,815 2,372
Total heritage and cultural 1,815 2,372
Total property, plant and equipment (non-current) 23,979 19,777

Property, plant and equipment under finance leases are subject to revaluation.  The carrying amount is included in the valuation figures above and is separately disclosed in Table A.

All revaluations were undertaken in accordance with the revaluation policy stated at Note 1.17.  In 2008-09, revaluations were undertaken by the Australian Valuation Office.

No indicators of impairment were found for property, plant and equipment.

Note 6C:  Analysis of property, plant and equipment

                 
TABLE A – Reconciliation of the opening and closing balances of property, plant and equipment (2008-09)
  Land Buildings Leasehold improvements Buildings total Total land and buildings Other property, plant and equipment Heritage
and cultural
Total
  $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
As at 1 July 2008                
Gross book value 650 600 38,771 39,371 40,021 28,689 2,372 71,082
Accumulated depreciation/amortisation and impairment  - (40) (8,831) (8,871) (8,871) (11,284)  - (20,155)
Net book value 1 July 2008 650 560 29,940 30,500 31,150 17,405 2,372 50,927
Additions:                
by purchase  -  - 35,270 35,270 35,270 10,357  - 45,627
Revaluations and impairments through equity 215 (205) 1,290 1,085 1,300 1,747  - 3,047
Revaluations recognised in the operating result  -  -  -  -  -  - (557) (557)
Reclassification  -  -  -  -  - 132  - 132
Depreciation/amortisation expense  - (20) (6,876) (6,896) (6,896) (7,444)  - (14,340)
Disposals:                
other disposals  -  - (575) (575) (575) (33)  - (608)
Net book value 30 June 2009 865 335 59,049 59,384 60,249 22,164 1,815 84,228
                 
Net book value as of 30 June 2009 represented by:                
Gross book value 865 335 59,925 60,260 61,125 33,590 1,815 96,530
Accumulated depreciation/amortisation and impairment  -  - (876) (876) (876) (11,426)  - (12,302)
  865 335 59,049 59,384 60,249 22,164 1,815 84,228
                 
As at 1 July 2007                
Gross book value 650 600 15,004 15,604 16,254 20,087 2,372 38,713
Accumulated depreciation/amortisation and impairment  - (20) (3,555) (3,575) (3,575) (6,381)  - (9,956)
Net book value 1 July 2007 650 580 11,449 12,029 12,679 13,706 2,372 28,757
Additions:                
  by purchase  -  - 22,513 22,513 22,513 4,417  - 26,930
  by finance lease  -  -  -  -  - 6,134  - 6,134
  from acquisition of entities or operations (including restructuring)  -  - 1,837 1,837 1,837 176  - 2,013
Depreciation/amortisation expense  - (20) (5,391) (5,411) (5,411) (6,545)  - (11,956)
Disposals:                
from disposal of entities or operations (including restructuring)  -  - (468) (468) (468) (58)  - (526)
other disposals  -  -  -  -  - (425)  - (425)
Net book value 30 June 2008 650 560 29,940 30,500 31,150 17,405 2,372 50,927
                 
Net book value as of 30 June 2008 represented by:                
Gross book value 650 600 38,771 39,371 40,021 28,689 2,372 71,082
Accumulated depreciation/amortisation and impairment  - (40) (8,831) (8,871) (8,871) (11,284)  - (20,155)
  650 560 29,940 30,500 31,150 17,405 2,372 50,927

 

  2009 2008
  $’000 $’000

Note 6D:  Intangibles

Computer software at cost:
Purchased computer software 5,685 5,615
Internally developed – in progress 5,412 2,986
Internally developed – in use 13,351 8,855
Accumulated amortisation (13,061) (11,579)
Total intangibles (non-current) 11,387 5,877

No indicators of impairment were found for intangible assets.

 

Table B: Reconciliation of the opening and closing balances of intangibles (2008-2009)
  Computer software internally developed Computer software purchased Total
  $’000 $’000 $’000
As at 1 July 2008      
Gross book value 11,841 5,615 17,456
Accumulated depreciation/amortisation and impairment (6,246) (5,333) (11,579)
Net book value 1 July 2008 5,595 282 5,877
Additions:      
By purchase or internally developed 7,119 133 7,252
Reclassifications (132)  - (132)
Amortisation (1,416) (83) (1,499)
Disposals (95) (16) (111)
Net book value 30 June 2009 11,071 316 11,387
       
Net book value as of 30 June 2009 represented by:      
Gross book value 18,763 5,685 24,448
Accumulated depreciation/amortisation and impairment (7,692) (5,369) (13,061)
  11,071 316 11,387
       
Table B: Reconciliation of the opening and closing balances of intangibles (2007-2008)
       
  Computer software internally developed Computer software purchased Total
  $’000 $’000 $’000
As at 1 July 2007      
Gross book value 11,410 5,360 16,770
Accumulated depreciation/amortisation and impairment (5,177) (5,208) (10,385)
Net book value 1 July 2007 6,233 152 6,385
Additions:      
By purchase or internally developed 5,026 258 5,284
By acquisition of entities or operations  - 29 29
Amortisation (1,069) (157) (1,226)
Impairment (4,595)  - (4,595)
Net book value 30 June 2008 5,595 282 5,877
       
Net book value as of 30 June 2008 represented by:      
Gross book value 11,841 5,615 17,456
Accumulated depreciation/amortisation and impairment (6,246) (5,333) (11,579)
  5,595 282 5,877

 

  2009 2008
  $’000 $’000

Note 6E:  Inventories

   
Inventories held for distribution 78 103
     

During 2008-09, $74,670 of inventory held for distribution was recognised as an expense (2007-08: $29,791).  No items of inventory were recognised at fair value less cost to sell.

All inventories are current assets.

     

Note 6F:  Other non-financial assets

   
Prepayments 924 1,269
     
All other non-financial assets are current assets.    

 

Note 7: Payables

  2009 2008
  $’000 $’000

Note 7A: Suppliers

   
Trade creditors 16,304 15,915
Operating lease rentals 1,366 245
Total supplier payables 17,670 16,160
     
Supplier payables are represented by:    
Related 6,226 3,629
External 11,444 12,531
Total supplier payables 17,670 16,160
     
Supplier payables are current liabilities.  Settlement is usually made net 30 days.
     

Note 7B: Other payables

   
Prepayments received/unearned income 1,043 883
Fringe benefits tax payable 351 375
Unspent POCA funding1 11,758 7,802
Total Other Payables 13,152 9,060

1 See also Note 1.5 changes in accounting policy and correction of errors.

All other payables are current liabilities.

 

Note 8: Interest Bearing Liabilities

  2009 2008
  $’000 $’000

Note 8A: Leases

   
Finance leases  6,287 8,397
     
Payable:    
Within one year:    
Minimum lease payments 3,754 4,335
Deduct: future finance charges (449) (636)
     
In one to five years:    
Minimum lease payments 3,209 5,223
Deduct: future finance charges (227) (525)
Finance leases recognised on the balance sheet 6,287 8,397
     
Finance leases exist in relation to certain computer and office equipment assets.  The leases are non-cancellable and for fixed terms of varying periods depending on the type of the equipment leased.  The lease assets secure the lease liabilities.  There are no contingent rentals for finance leases.
     

Note 8B: Other interest bearing liabilities

   
Lease incentives 1,949 132
     
Other interest bearing liabilities are represented by:    
Current 170 52
Non-current 1,779 80
  1,949 132
     
The Department has received incentives in the form of cash and rent free periods on entering into property operating leases.

 

Note 9: Provisions

  2009 2008
  $’000 $’000

Note 9A: Employee provisions

   
Salaries and wages 1,786 1,251
Leave 32,770 29,684
Superannuation 4,109 4,365
Separation and redundancies  - 176
Other  - 41
Total employee provisions 38,665 35,517
     
Employee provisions are represented by:    
Current 31,245 30,375
Non-current 7,420 5,142
Total employee provisions 38,665 35,517
     
The classification of current includes amounts for which there is a present obligation.  In the case of employee provisions the above classification does not equal the amount expected to be settled within one year of reporting date.  Employee provisions expected to be settled in one year $12,869,376 (2008: $10,866,194), in excess of one year $25,794,762 (2008: $24,651,115).
     
     

Note 9B:  Other provisions

   
Provision for makegood: non-current 566 1,160
     
  Provision for makegood  
  $’000  
Carrying amount 1 July 2008 1,160  
Additional provisions made 590  
Amounts reversed (1,192)  
Unwinding of discount or change in discount rate 8  
Closing balance 2009 566  
The Department currently has seven agreements for the leasing of premises which have provisions requiring the Department to restore the premises to their original condition at the conclusion of the lease.  The Department has made a provision to reflect the present value of this obligation.

 

Note 10: Restructuring

Note 10A: Departmental restructuring

As a result of a restructuring of administrative arrangements during the 2007-08 financial year, the Department assumed responsibility for the following functions:

  • Administration of the National Classification Scheme
  • Service to territories and advice on their administration, and
  • Natural disaster relief and mitigation

As a result of a restructuring of administrative arrangements, the Department relinquished responsibility for the following functions:

  • Privacy and freedom of information
  • Australian Commission for Law Enforcement Integrity

In respect of functions assumed, the net book values of assets and liabilities transferred to the Agency for no consideration and recognised as at the date of transfer were:

  2009 2008
  $’000 $’000
Administration of the National Classification Scheme    
Assets recognised  - 6,688
Liabilities recognised  - (1,386)
   - 5,302
     
Service to territories and advice on their administration, and natual disaster relief and mitigation    
Assets recognised  - 2,459
Liabilities recognised  - (1,561)
   - 898
     
Total assets recognised  - 9,147
Total liabilities recognised  - (2,947)
Net assets assumed  - 6,200
     
Privacy and freedom of information    
Assets relinquished  - 515
Liabilities relinquished  - (466)
   - 49
     
Australian Commission for Law Enforcement Integrity    
Assets relinquished  - 3,928
Liabilities relinquished  - (308)
   - 3,620
     
Total assets relinquished  - 4,443
Total liabilities relinquished  - (774)
Net assets relinquished  - 3,669
Net increase in assets during the year  - 2,531
     
Administration of the National Classification Scheme    
Revenues    
Recognised by the Department  - 7,534
Total Revenues  - 7,534
     
Expenses    
Recognised by the Department  - 7,184
Total Expenses  - 7,184
     
The transfer took effect on 1 July 2007 therefore no revenue or expenses were recognised by the former Office of Film and Literature Classification.
     
Service to territories and advice on their administration, and natual disaster relief and mitigation    
Revenues    
Recognised by the Department of Infrastructure, Transport, Regional Development and Local Government  - 4,218
Recognised by the Department  - 5,152
Total Revenues  - 9,370
     
Expenses    
Recognised by the Department of Infrastructure, Transport, Regional Development and Local Government  - 4,218
Recognised by the Department  - 3,557
Total Expenses  - 7,775
     

Note 10B: Administered restructuring

As a result of a restructuring of administrative arrangements during the 2007-08 financial year, the Department assumed responsibility for the following functions:

  • Administration of the National Classification Scheme
  • Service to territories and advice on their administration, and
  • Natural disaster relief and mitigation

In respect of functions assumed, the net book values of assets and liabilities transferred to the Agency for no consideration and recognised as at the date of transfer were:

  2009 2008
  $’000 $’000
Administration of the National Classification Scheme    
Assets recognised  - 27
Liabilities recognised  - (529)
   - (502)
     
Service to territories and advice on their administration, and natual disaster relief and mitigation    
Assets recognised  - 449,243
Liabilities recognised  - (11,654)
   - 437,589
     
Total assets recognised  - 449,270
Total liabilities recognised  - (12,183)
Net assets assumed  - 437,087
Net increase in assets during the year  - 437,087
     
Administration of the National Classification Scheme    
Revenues    
Recognised by the Department  - 7,311
Total Revenues  - 7,311
     
Expenses    
Recognised by the Department  - 796
Total Expenses  - 796
     
The transfer took effect on 1 July 2007 therefore no revenue or expenses were recognised by the former Office of Film and Literature Classification.
     
Service to territories and advice on their administration, and natual disaster relief and mitigation    
Revenues    
Recognised by the Department of Infrastructure, Transport, Regional Development and Local Government  - 8,658
Recognised by the Department  - 16,549
Total Revenues  - 25,207
     
Expenses    
Recognised by the Department of Infrastructure, Transport, Regional Development and Local Government  - 88,683
Recognised by the Department  - 102,372
Total Expenses  - 191,055

 

Note 11: Cash Flow Reconciliation

  2009 2008
  $’000 $’000
     
Reconciliation of cash and cash equivalents as per Balance Sheet to cash flow statement    
     
Report cash and cash equivalents as per:    
Cash flow statement 1,131 1,293
Balance Sheet 1,131 1,293
Difference  -  -
     
Reconciliation of operating result to net cash from operating activities:    
Operating deficit (1,749) (13,255)
Depreciation /amortisation 15,839 13,182
Goods provided free of charge  - 355
Net write down of non-financial assets (125) 41
Impairment of non-financial assets  - 4,595
Loss on revaluation of assets 557  -
Loss on disposal of assets 352 71
Net operating items from restructure  - (3,079)
(Increase) / decrease in net receivables (11,964) 1,171
(Increase) / decrease in inventories 26 9
(Increase) / decrease in prepayments 346 230
Increase / (decrease) in employee provisions 3,147 8,639
Increase / (decrease) in supplier payables 1,876 1,309
Increase / (decrease) in lease incentives 1,816 (61)
Increase / (decrease) in other provisions (594) 355
Increase / (decrease) in other liabilities 4,094 593
Net cash from operating activities 13,621 14,155

 

Note 12: Contingent Liabilities and Assets

Unquantifiable Contingencies

At 30 June 2009, the Department was involved in a number of legal matters for which it is not possible to estimate the amounts of any eventual payments that may be required in relation to these claims.

 

Note 13: Senior Executive Remuneration

  2009 2008
The number of senior executives who received or were due to receive total remuneration of $130,000 or more:    
     
$130 000 to $144 999 6 2
$145 000 to $159 999 3 3
$160 000 to $174 999 6 5
$175 000 to $189 999 6 9
$190 000 to $204 999 10 14
$205 000 to $219 999 13 8
$220 000 to $234 999 8 8
$235 000 to $249 999 7 9
$250 000 to $264 999 4 1
$265 000 to $279 999 9 4
$280 000 to $294 999 3 1
$295 000 to $309 999 1 -
$310 000 to $324 999 1 -
$325 000 to $339 999 1 1
$400 000 to $414 999 1  -
$490 000 to $504 999  - 1
Total 79 66
     
The aggregate amount of total remuneration of senior executives shown above. 17,346,776 14,166,838
     
The aggregate amount of separation and redundancy/termination benefit payments during the year to executives shown above. - -
     
The above includes cash and non-cash components of the remuneration packages.    

 

Note 14: Remuneration of Auditors

  2009 2008
  $ $
     
Financial statement audit services were provided free of charge to the Department.    
     
The fair value of the services provided was: 347,000 322,500
     
No other services were provided by the Auditor-General.    

 

Note 15: Financial Instruments

  2009 2008
  $'000 $'000
     

Note 15A: Categories of financial instruments

Financial assets    
Loans and receivables financial assets    
Cash and cash equivalents                     1,131                 1,293
Loans and receivables                     5,094                 6,923
Carrying amount of financial assets 6,225 8,216
     
Financial liabilities    
at cost    
Finance leases                     6,287                 8,397
Other interest bearing liabilities                     1,949                       132
Trade creditors                 17,670             16,160
Prepayments received/unearned income                     1,043                       883
Unspent POCA funding                 11,758                 7,802
Carrying amount of financial liabilities 38,707 33,374
     

Note 15B: Net income and expense from financial assets

Loans and receivables    
Impairment                           125 (41)
Net gain/(loss) loans and receivables 125 (41)
     
The net income (expense) from financial assets not at fair value from profit and loss is $124,895 (2008: ($41,068)).
     

Note 15C: Net income and expense from financial liabilities

 
Financial liabilities - at cost    
Interest expense 804 540
     
The net expense from financial liabilities not at fair value from profit and loss is $803,883
(2008: $540,276).

Note 15D: Credit risk

The Department is exposed to minimal credit risk as loans and receivables are cash equivalents and trade receivables. The maximum exposure to credit risk is the risk that arises from potential default of a debtor. This amount is equal to the total amount of receivables $5,094,216 (2008: $6,923,433). The Department has assessed the risk of default on payment and has allocated $117,522 (2008: $332,809) to an impairment allowance account.  This amount has been determined following an assessment of invoices greater than 60 days past due.

The Department has policies and procedures that guide employees on debt recovery techniques.

The following table illustrates the Departments gross exposure to credit risk. The Department holds no collateral to mitigate credit risk.

  2009
$'000
2008
$'000
Loans and receivables    
Trade receivables 5,094 6,923
Total 5,094 6,923

Credit quality of financial instruments not past due or individually determined as impaired

  Not past due nor impaired
2009
$'000
Not past due nor impaired
2008
$'000
Past due or impaired
2009
$'000
Past due or impaired
2008
$'000
Loans and receivables        
Trade receivables 4,078 5,156 1,016 1,767
Total 4,078 5,156 1,016 1,767

Ageing of financial assets that are past due but not impaired for 2009:

  0 to 30
days
$'000
31 to 60
days
$'000
61 to 90
days
$'000
90+
days
$'000
Total
$'000
Loans and receivables          
Trade receivables 498 127 29 126 780
Total 498 127 29 126 780

Ageing of financial assets that are past due but not impaired for 2008:

  0 to 30
days
$'000
31 to 60
days
$'000
61 to 90
days
$'000
90+
days
$'000
Total
$'000
Loans and receivables          
Trade receivables 377 269 112 343 1,101
Total 377 269 112 343 1,101

The following list of assets have been individually assessed as impaired

Trade receivables have been individually assessed for impairment by departmental officers. Recovery of the debt has been considered based on communication with the debtor, and if a debt is determined to be unrecoverable, an allowance for impairment is recognised.

Note 15E: Liquidity risk

The Department's financial liabilities are payables, finance leases and other interest bearing liabilities. The exposure to liquidity risk is based on the notion that the Department will encounter difficulty in meeting its obligations associated with financial liabilities. This is highly unlikely due to appropriation funding and other funding mechanisms available to the Department (e.g. Advance to the Finance Minister) and internal policies and procedures in place to ensure there are appropriate resources to meet financial obligations as and when they fall due.  In addition, the Department has no past history of default.

The following tables illustrates the maturities for financial liabilities:

  On
demand
2009
$'000
within 1
year
2009
$'000
1 to 5
years
2009
$'000
> 5
years
2009
$'000
Total
2009
$'000
Liabilities at cost          
Finance leases - 3,305 2,982 - 6,287
Other interest bearing liabilities - 170 1,779 - 1,949
Trade creditors - 17,670 - - 17,670
Prepayments received/unearned income - 1,043 - - 1,043
Other payables - 11,758 - - 11,758
Total - 33,946 4,761 - 38,707

 

  On
demand
2008
$'000
within 1
year
2008
$'000
1 to 5
years
2008
$'000
> 5
years
2008
$'000
Total
2008
$'000
Liabilities at cost          
Finance leases - 3,699 4,698 - 8,397
Other interest bearing liabilities - 52 80 - 132
Trade creditors - 16,160 - - 16,160
Prepayments received/unearned income - 883 - - 883
Other payables - 7,802 - - 7,802
Total - 28,596 4,778 - 33,374

Note 15F: Market risk

The Department holds basic financial instruments that do not expose it to market risks. The Department is not exposed to 'currency risk' or 'other price risk'.

Interest rate risk

The only interest-bearing items on the Balance Sheet are finance leases and other interest bearing liabilities. All bear interest at a fixed interest rate and will not fluctuate due to changes in the market interest rate.

 

Note 16: Income Administered on Behalf of Government

 

  2009 2008
  $'000 $'000
Revenue    
     
Non -taxation revenue    
     

Note 16A: Dividends

   
Australian government entities - Australian Government      
Solicitor 2,473 5,686
     

Note 16B: Competitive Neutrality

   
Australian government entities - Australian Government      
Solicitor 5,160 5,118
     

Note 16C: Sale of goods and rendering of services

   
Sale of goods - external entities 409 189
     
Rendering of services - related entities 1,605 1,366
Rendering of services - external entities 14,795 12,101
Total rendering of services 16,400 13,467
Total sale of goods and rendering services 16,809 13,656
     

Note 16D: Fees and fines

   
Fees 688 272
Fines 6 2
Total fees and fines 694 274
     

Note 16E: Interest

   
Loans - State and Territory governments 8,333 7,974
Other Loans 528 519
Total interest 8,861 8,493
     

Note 16F: Rental income

   
Rent 3,230 1,585
     

Note 16G: Royalties

   
Mining royalties 3,171 651
     

Note 16H: Other revenue

   
Refund of grant monies paid 1,416 8,082
Other 5 3
Total other revenue 1,421 8,085
     

Note 16I: Gains

   
Sale of land - 62
Sale of property, plant and equipment 245 -
Recognition of asset held for sale - 8,025
Assets first recognised 3,514 -
Total gains 3,759 8,087
     
Taxation revenue    
     

Note 16J: Indirect tax

   
Payroll tax 881 256
Other 174 142
Total indirect tax 1,055 398
     

Note 16K: Other tax

   
Levies 1,316 598

 

Note 17: Expenses Administered on Behalf of Government

  2009 2008
  $'000 $'000
Expenses    
     

Note 17A: Employee benefits

   
Wages and salaries 5,807 2,998
Superannuation    
Defined benefit plans 37 26
Defined contribution plans 815 467
Leave and other entitlements 726 72
Other employee expenses 1,255 844
Total employee benefits expense 8,640 4,407
     

Note 17B: Suppliers

   
Provision of goods - related entities 126 645
Provision of goods - external entities 26,087 22,816
Rendering of services - related entities 4,623 3,821
Rendering of services - external entities 48,674 28,788
Operating lease rentals:    
Minimum lease payments 310 370
Total suppliers 79,820 56,440
     

Note17C: Subsidies

   
Payable to related entities:    
National Counter-Terrorism Committee 14,432 16,597
Payable to external entities:    
Law Courts Limited 39,954 35,037
Services to Indian Ocean Territories 1,389 782
Total subsidies 55,775 52,416
     

Note 17D: Personal benefits

   
Judges' Pensions Act 1968    
Current service cost 16,900 20,600
Interest on obligation 37,300 35,000
High Court Justices (Long Leave Payments) Act 1979 827 326
Federal Magistrates Act 1999    
Current service cost 893 609
Interest on obligation 29 15
Former Solicitors-General - -
Total personal benefits 55,949 56,550
     

Note 17E: Grants

   
Public sector:    
Australian government entities (related entities) 151,457 110,036
State and Territory governments 81,205 336,591
Local governments 16,655 20,447
Private sector:    
Non-profit organisations 231,452 144,096
Other 2,257 89
Overseas 3,315 4,269
Other 124,494 8,240
Total grants 610,835 623,768
     
     

Note 17F: Write down and impairment of assets

   
Inventory - 32
Bad debts written off 82 119
Write-down of non-financial assets    
Land and buildings - 2,024
Infrastructure, plant and equipment 920 99
Heritage and cultural 305 63
Assets held for sale - 1,698
Total write down and impairment of assets 1,307 4,035
     
     

Note 17G: Depreciation and amortisation

   
Depreciation:    
Buildings and leasehold improvements 2,518 2,180
Infrastructure, plant and equipment 14,243 8,344
Heritage and cultural assets 561 250
Total depreciation 17,322 10,774
     
Amortisation:    
Intangibles: Phosphate mine lease 151 67
Intangibles: Software 24 -
Total amortisation 175 67
Total depreciation and amortisation 17,497 10,841
     

Note 17H: Payments to CAC Act bodies

   
Australian Institute of Criminology 7,166 -
Criminology Research Council 330 -
Australian Law Reform Commission 3,360 -
Total payments to CAC Act bodies 10,856  -
     

Note 17I: Other expenses

   
Resources provided free of charge 6,327 -
Losses on sale of assets 67 -
Total other expenses 6,394  -

 

Note 18: Assets Administered on Behalf of Government

  2009 2008
  $’000 $’000
Financial Assets    
     

Note 18A: Cash and cash equivalents

   
Administered bank acccounts 619 182
     
     

Note 18B: Loans and receivables

   
Goods and services - related entities 441 1,088
Goods and services - external entities 4,412 4,495
Advances and loans:    
State and Territory governments 118,437 122,314
Other loans and advances 9,656 9,796
Other receivables:    
Dividends receivable 1,473 4,436
Other receivables 661 2,360
Unspent POCA funding1 11,758 7,802
GST receivable from ATO 3,532 4,372
Total receivables 150,370 156,663
     
Less:  impairment allowance:    
Goods and services (208) (140)
Total receivables (net) 150,162 156,523
     
Receivables are aged as follows:    
Not overdue 147,383 153,905
Overdue by:    
Less than 30 days 231 379
30 to 60 days 90 131
61 to 90 days 21 107
More than 90 days 2,437 2,001
Total receivables (net) 150,162 156,523

The credit terms of goods and services receivable are net 30 days (2008: 30 days).

Loans are made to State and Territory Governments for periods up to 100 years. No security is required. Principal will be repaid in full by maturity. Interest rates are either fixed or variable. Interest payments are made annually.

1 See also Note 1.5 changes in accounting policy and correction of errors.

 

Reconciliation of the allowance for impairment:

Movements in relation to 2009 $68,480 (2008: $139,716)

  Goods and services
receivables
2009
$'000
Goods and services
receivables
2008
$'000
Opening balance                          140                       -  
Allowance acquired through restructure                            -                        21
Increase/decrease recognised in net surplus                          208                    119
Amounts recovered and reversed (140)                       -  
Closing balance                          208                    140

 

  2009 2008
  $’000 $’000

Note 18C: Investments

   
Associated entities    
- Law Courts Limited 118,596 119,990
Controlled entities    
- Australian Institute of Criminology 1,831 2,388
- Criminology Research Council 628 -
- Australian Law Reform Commission 1,173 1,152
- High Court of Australia 190,815 193,638
- Australian Government Solicitor 36,363 33,824
Total investments 349,406 350,992
     
This note should be read in conjunction with Note 22.    
     
Non-financial Assets    
     

Note 18D: Land and buildings

   
Freehold land (at fair value) 47,541 47,541
     
Buildings on freehold land:    
- fair value 67,203 66,388
- accumulated depreciation (4,698) (2,180)
  62,505 64,208
Total land and buildings (non-current) 110,046 111,749
     
No indicators of impairment were found for land and buildings.
     

Note 18E: Property, plant and equipment

   
Infrastructure, plant and equipment:    
- fair value 166,965 152,274
- accumulated depreciation/amortisation (19,987) (8,340)
Total infrastructure, plant and equipment 146,978 143,934
     
Heritage and cultural:    
- fair value 53,002 54,537
- accumulated depreciation (800) (238)
Total heritage and cultural 52,202 54,299
Total property, plant and equipment (non-current) 199,180 198,233
     
No indicators of impairment were found for property, plant and equipment.

 

Table A – Reconciliation of the opening and closing balances of infrastructure, plant and equipment (2008-09)
  Land Buildings Land and
buildings total
Other property,
plant and
equipment
Heritage and
cultural
Total
  $’000 $’000 $'000 $’000 $'000 $’000
As at 1 July 2008            
Gross book value 47,541 66,388 113,929 152,274 54,537 320,740
Accumulated depreciation/amortisation and impairment - (2,180) (2,180) (8,340) (238) (10,758)
Net book value 1 July 2008 47,541 64,208 111,749 143,934 54,299 309,982
Additions:            
by purchase - 1,952 1,952 11,757 - 13,709
Revaluations and impairments through equity - - - 1,920 (1,285) 635
Revaluations recognised in the operating result - - - - (305) (305)
Depreciation/amortisation expense - (2,518) (2,518) (14,243) (561) (17,322)
Reclassifications - (1,137) (1,137) 1,083 54 -
Other movements            
Recognition of unrecorded assets identified - - - 3,514 - 3,514
Disposals:            
Other disposals - - - (987) - (987)
Net book value 30 June 2009 47,541 62,505 110,046 146,978 52,202 309,226
             
Net book value as of 30 June 2009 represented by:            
Gross book value 47,541 67,203 114,744 166,965 53,002 334,711
Accumulated depreciation/amortisation and impairment - (4,698) (4,698) (19,987) (800) (25,485)
  47,541 62,505 110,046 146,978 52,202 309,226

 

Table A – Reconciliation of the opening and closing balances of infrastructure, plant and equipment (2007-08)
  Land Buildings Land and
buildings total
Other property,
plant and
equipment
Heritage and
cultural
Total
  $’000 $’000 $'000 $’000 $'000 $’000
As at 1 July 2007            
Gross book value - - - - - -
Accumulated depreciation/amortisation and impairment - - - - - -
Net book value 1 July 2007 - - - - - -
Additions:            
by purchase - 1,086 1,086 9,766 1,285 12,137
from acquisition of entities or operations (including restructuring) 49,565 65,302 114,867 142,611 53,327 310,805
Depreciation/amortisation expense - (2,180) (2,180) (8,344) (250) (10,774)
Disposals:            
Other disposals (2,024) - (2,024) (99) (63) (2,186)
Net book value 30 June 2008 47,541 64,208 111,749 143,934 54,299 309,982
             
Net book value as of 30 June 2008 represented by:            
Gross book value 47,541 66,388 113,929 152,274 54,537 320,740
Accumulated depreciation/amortisation and impairment - (2,180) (2,180) (8,340) (238) (10,758)
  47,541 64,208 111,749 143,934 54,299 309,982

 

  2009 2008
  $’000 $’000

Note 18F: Inventories

   
Inventories held for distribution 2,124 2,001
     
     

Note 18G:  Intangibles

   
Computer software at cost    
Internally generated 35 -
Purchased 112 -
Accumulated amortisation (24) -
Phosphate mine lease at cost 1,685 1,685
Accumulated amortisation - phosphate mine lease (218) (67)
Total intangibles (non-current) 1,590 1,618

 

Table B: Reconciliation of the opening and closing balances of intangibles (2008-09)
  Purchased
software
$’000
Internally
generated 
software
$’000
Phosphate
mine lease
$’000
Total
$’000
As at 1 July 2008        
Gross book value - - 1,685 1,685
Accumulated depreciation/amortisation and impairment - - (67) (67)
Net book value 1 July 2008 - - 1,618 1,618
Additions:        
by purchase 112 35 - 147
Amortisation (23) (1) (151) (175)
Net book value 30 June 2009 89 34 1,467 1,590
         
Net book value as of 30 June 2009 represented by:        
Gross book value 112 35 1,685 1,832
Accumulated depreciation/amortisation and impairment (23) (1) (218) (242)
  89 34 1,467 1,590

 

Table B: Reconciliation of the opening and closing balances of intangibles (2007-08)
  Purchased
software
$’000
Internally
generated 
software
$’000
Phosphate
mine lease
$’000
Total
$’000
As at 1 July 2007        
Gross book value - - - -
Accumulated depreciation/amortisation and impairment - - - -
Net book value 1 July 2007 - - - -
Additions:        
from acquisition of entities or operations (including restructuring) - - 1,685 1,685
Revaluations and impairments through equity - - - -
Amortisation - - (67) (67)
Disposals:        
other disposals - - - -
Net book value 30 June 2008 - - 1,618 1,618
         
Net book value as of 30 June 2008 represented by:        
Gross book value - - 1,685 1,685
Accumulated depreciation/amortisation and impairment - - (67) (67)
  - - 1,618 1,618

 

  2009 2008
  $’000 $’000

Note 18H: Other non-financial assets 

   
Prepayments 55 13
     

Note 18I: Assets held for sale

   
Plant and equipment - 6,262
Software - 65
Total assets held for sale  - 6,327

 

Note 19: Liabilities administered on behalf of Government

 

  2009 2008
  $’000 $’000
Payables    
     

Note 19A: Suppliers

   
Trade creditors 19,241 14,621
     
Supplier payables are represented by:    
Related 1,322 440
External 17,919 14,181
Total supplier payables 19,241 14,621
     
     

Note 19B: Personal benefits

   
     
The Judges' Pension Scheme is a defined benefit scheme. It provides a pension benefit of 60% of salary to those judges with more than 10 years of service on retirement on or after age 60. The scheme is unfunded. Members do not contribute towards the cost of benefits.
     
Present value of unfunded obligations 680,500 572,057
     
Changes in the value of the defined benefit obligation are as follows:  
     
Net liability at 1 July 572,057 550,400
Service cost 16,900 20,600
Interest cost 37,300 35,000
Actuarial losses/(gains) 84,400 (7,200)
Benefits paid (30,157) (26,743)
Net liability at 30 June 680,500 572,057
     
Changes in the fair value of scheme assets are as follows:    
Opening fair value of scheme assets - -
Contributions by employer 30,157 26,743
Benefits paid (30,157) (26,743)
Closing value of scheme assets - -
     
Principal actuarial assumptions at the reporting date (expressed as weighted averages):
     
Discount rate at 30 June 5.6% 6.6%
Future expected salary increases 4.0% 4.0%
Future pension increases 4.0% 4.0%

The demographic assumptions used as at 30 June 2008 are those used for the preparation of the Long Term Cost Report for the Judges' Pension Scheme as at 30 June 2005.  The demographic assumptions used as at 30 June 2009 are those used for the preparation of the Long Term Cost Report for the Judges' Pension Scheme as at 30 June 2008.

Benefits payable (including payments of surcharge debt) under the Judges' Pensions Act 1968 and the Superannuation (Productivity Benefit) Act 1988 are paid from Consolidated Revenue on an emerging (or pay as you go) basis. Thus, contributions made equal benefits paid for the Judges' Pension Scheme.

The expected employer contributions in respect of 2009-10 are $31,000,000.

The cumulative actuarial losses and gains recognised in equity are as follows:

  $'000
Opening balance as at 30 June 2004      -  
2004-05 loss 78,400
30 June 2005 cumulative loss 78,400
2005-06 (gain) (50,700)
30 June 2006 cumulative loss 27,700
2006-07 (gain) (35,100)
30 June 2007 cumulative (gain) (7,400)
2007-08 (gain) (7,200)
30 June 2008 cumulative (gain) (14,600)
2008-09 (gain) 84,400
30 June 2009 cumulative (gain) 69,800

The Federal Magistrates Act 1999 was amended so as to allow for the provision of lump sum death benefits and invalidity pensions to Federal Magistrates with effect from September 2007.  The scheme is unfunded and financed solely by the employer (the Australian Government).

  2009 2008
  $’000 $’000
Present value of unfunded obligations                      -                          -
Net liability Administered on behalf of the Government                      -                          -
     
Changes in the value of the defined benefit obligation are as follows:    
     
Net liability at 1 July                      -                        -  
Service cost                   893                   609
Interest cost                     29                     15
Actuarial losses/(gains) (922) (624)
Benefits paid                      -                        -  
Net liability at 30 June                      -                        -  
     
Changes in the fair value of scheme assets are as follows:    
Opening fair value of scheme assets                      -                        -  
Contributions by employer                      -                        -  
Benefits paid                      -                        -  
Closing value of scheme assets                      -                        -  
     
Principal actuarial assumptions at the reporting date (expressed as weighted averages):    
     
Discount rate at 30 June 5.6% 6.6%
Future expected salary increases 4.0% 4.0%
Future pension increases 4.0% 4.0%

Benefits payable are paid from Consolidated Revenue on an emerging (or pay as go) basis.  Thus contributions made equal benefits paid.

The expected employer contributions in respect of 2009-10 are $0 which is the expected amount of benefit payments.

The cumulative actuarial losses and gains recognised in equity are as follows:

  $'000
Opening balance as at 30 June 2007      -  
2007-08 (gain)     (624)
30 June 2008 cumulative (gain)     (624)
2008-09 (gain)     (922)
30 June 2009 cumulative (gain) (1,546)

 

  2009 2008
  $’000 $’000

Note 19C: Grants and subsidies

   
Public sector:    
Australian Government entities (related entities) 864 5,930
State and Territory governments 5,317 10,872
Local governments 1,644 1,369
Private sector:    
Non-profit organisations 1,590 1,365
Other 2,984 3,483
Other - 1,875
Total grants and subsidies 12,399 24,894
     
Settlement is usually made according to the terms and conditions of each grant. This is usually within 30 days of performance or eligibility.
     

Note 19D: Other payables

   
Prepayments received/unearned  income 748 1,546
     

Note 19E:  Employee provisions

   
Salaries and wages 82 51
Leave 1,582 1,254
Superannuation 15 177
Other 1 -
Total employee provisions 1,680 1,482
     
Employee provisions are represented by:    
Current 1,495 1,239
Non-current 185 243
Total employee provisions 1,680 1,482
     
The classification of current includes amounts for which there is a present obligation.  In the case of employee provisions the above classification does not equal the amount expected to be settled within one year of reporting date.  Employee provisions expected to be settled in one year $580,483 (2008: $453,530), in excess of one year $1,099,399 (2008: $1,028,022).
     

Note 19F: Asbestos removal provision

   
Asbestos removal provision 10,230 7,162
     

Note 19G: Phosphate mine rehabilitation provision

   
Phosphate mine rehabilitation provision 2,784 2,914

 

Note 20: Administered Reconciliation Table

  2009 2008
  $’000 $’000
     
Opening administered assets less administered liabilities as at 1 July 202,962 (225,191)
Adjusted opening administered assets less administered liabilities    
Plus:    Administered income 47,949 52,631
Less:   Administered expenses (non CAC) (836,217) (808,457)
       Payments to CAC Act bodies (10,856)  -
Administered transfers to/from Australian Government:    
Appropriation transfers from OPA:    
Annual appropriations for administered expenses (non CAC) 791,072 742,067
Annual appropriations capital items 12,787 3,736
Annual appropriations for payment to CAC Act bodies 10,856  -
Special appropriations (unlimited) (non CAC) 37,399 29,865
Transfers to OPA (86,045) (77,599)
Restructuring  - 437,087
Administered revaluations taken to/from reserves (951) 33,197
Actuarial Gain - Judges' Pension Scheme taken to equity (84,278) 7,200
Actuarial Gain - Federal Magistrates Scheme taken to equity 922 624
Adjustment for POCA funding receipts  - 7,802
Closing administered assets less administered liabilities as at 30 June 85,600 202,962

 

Note 21: Administered Contingent Assets and Liabilities

Unquantifiable Administered Contingencies

Administered contingencies that are not remote and can be reliably measured are disclosed in the Schedule of Administered Items as quantifiable administered contingencies.

The Department does not have any unquantifiable administered contingencies.

 

Note 22: Administered Investments

The Australian Government owns 100% of the following entities:

  • Australian Institute of Criminology - s5(2)(a) of the Criminology Research Act 1971
  • Criminology Research Council - s34(2)(a) of the Criminology Research Act 1971
  • Australian Law Reform Commission - s5(2)(a) of the Australian Law Reform Commission Act 1996
  • High Court of Australia - s17 of the High Court of Australia Act 1996
  • Australian Government Solicitor - s55M of the Judiciary Act 1903

Law Courts Ltd is a company limited by guarantee and jointly controlled by the Australian and NSW Governments. The primary purpose of the company is to provide a courts facility being the joint Sydney Law Courts Building. The building is currently undergoing a major refurbishment program. The investment taken up by the Australian Government is based on the net assets of Law Courts Ltd, adjusted by the accumulated capital contributions made by the Australian Government to the company up to 30 June 2009.

The principal activities of each of the Department's administered investments are:

  • Law Courts Limited is a jointly controlled Australian Government/New South Wales company limited by guarantee established to manage the Sydney Law Courts Building
  • The Australian Institute of Criminology has an objective and independent national focus in studying crime and criminal justice and disseminating criminal justice information
  • The Criminology Research Council provides a forum for Attorneys-General and their representatives around Australia to assess needs in the field of criminological research and to fund specific research projects in universities, government agencies and elsewhere
  • The Australian Law Reform Commission conducts independent references (inquiries) into areas of federal law reform at the request of the Attorney-General
  • The High Court, as the highest court in the Australian judicial system, interprets and applies the law of Australia, decides cases of special Commonwealth significance including challenges to the constitutional validity of laws, and hears appeals from Federal, State and Territory Courts
  • The Australian Government Solicitor is a Commonwealth Authority providing national legal services to the Government and its agencies in a contestable environment.

Note 23: Administered Financial Instruments

  2009 2008
  $'000 $'000

Note 23A:  Categories of financial instruments

   
Financial assets    
Loans and receivables financial assets    
Cash and cash equivalents 619 182
Trade receivables 4,853 5,583
Loans 128,093 132,110
Other receivables 11,758 7,802
Carrying amount of financial assets 145,323 145,677
     
Financial liabilities    
at amortised cost    
Trade creditors 19,241 14,621
Grants and subsidies payable 12,399 24,894
Prepayments received/unearned income 721 1,546
Carrying amount of financial liabilities 32,361 41,061
     

Note 23B:  Net income and expense from financial assets

   
Loans and receivables    
Interest 8,861 8,493
Impairment (82) (119)
Net gain/(loss) loans and receivables 8,779 8,374

The net income/expense from financial assets is $8,777,718 (2008: $8,374,773).

Note 23C: Credit risk

The Administered activities of the Department are exposed to minimal credit risk as the majority of financial assets are trade receivables, advances and loans to state and territory governments, and shares in associated and government controlled entities.  The maximum exposure to credit risk is the risk that arises from potential default of a debtor.  This amount is equal to the total amount of receivables $129,838,521 (2008: $137,692,684).  The Department has assessed the risk of default on payment and has allocated $208,197 (2008: $139,716) to an impairment allowance account.

The Department has policies and procedures that guide employees on debt recovery techniques that are to be applied.

The following table illustrates the Department's gross exposure to credit risk. The Department holds no collateral to mitigate credit risk.

  2009
$'000
2008
$'000
Loans and receivables    
Trade receivables 4,853 5,583
Loans 128,093 132,110
Total 132,946 137,693

Credit quality of financial instruments not past due or individually determined as impaired

 

Not past due
nor impaired

2009
$'000

Not past due
nor impaired

2008
$'000

Past due or
impaired

2009
$'000

Past due or
impaired

2008
$'000

Loans and receivables        
Trade receivables 1,866 2,825 2,987 2,758
Loans 128,093 132,110 - -
Total 129,959 134,935 2,987 2,758

Ageing of financial assets that are past due but not impaired for 2009

  0 to 30 
days
$'000
31 to 60
days
$'000
61 to 90
days
$'000
90+
days
$'000
Total
$'000
Loans and receivables          
Trade receivables 231 90 21 2,437 2,779
Total 231 90 21 2,437 2,779

Ageing of financial assets that are past due but not impaired for 2008

  0 to 30 
days
$'000
31 to 60
days
$'000
61 to 90
days
$'000
90+
days
$'000
Total
$'000
Loans and receivables          
Trade receivables 379 131 107 2,001 2,618
Total 379 131 107 2,001 2,618

The following list of assets have been individually assessed as impaired:

Trade receivables have been individually assessed for impairment by departmental officers. Recovery of the debt has been considered based on communication with the debtor, and where determined to be unrecoverable an allowance was recognised.

Note 23D:  Liquidity risk

The Department's financial liabilities are payables, finance leases and other interest bearing liabilities. The exposure to liquidity risk is based on the notion that the Department will encounter difficulty in meeting its obligations associated with financial liabilities. This is highly unlikely due to appropriation funding and mechanisms available to the Department (e.g. Advance to the Finance Minister) and internal policies and procedures in place to ensure there are appropriate resources to meet financial obligations.

The Department receives appropriations and manages its funds to ensure it is able to meet its payments as they fall due.  In addition, the Department has policies in place to ensure timely payments are made and has no past history of default.

The following tables illustrates the maturities for financial liabilities:

  On
demand
2009
$'000
Within 1
year
2009
$'000
1 to 5
years
2009
$'000
> 5
years
2009
$'000
Total
2009
$'000
Liabilities at amortised cost          
Trade creditors - 19,241 - - 19,241
Grants and subsidies payable - 12,399 - - 12,399
Prepayments received/unearned income - 721 - - 721
Total - 32,361 - - 32,361
  On
demand
2009
$'000
Within 1
year
2009
$'000
1 to 5
years
2009
$'000
> 5
years
2009
$'000
Total
2009
$'000
Liabilities at amortised cost          
Trade creditors - 14,621 - - 14,621
Grants and subsidies payable - 24,894 - - 24,894
Prepayments received/unearned income - 1,546 - - 1,546
Total - 41,061 - - 41,061

Note 23E:  Market risk

The Department holds basic financial instruments that do not expose the Department to market risks. The Department is not exposed to 'currency risk' or 'other price risk'.

Interest rate risk

The only interest-bearing items on the balance sheet are loans made to state and territory governments.  All those bearing interest at a fixed interest do not fluctuate due to changes in the market interest rate. Those with variable interest rates are significantly concessional so that any movement in the market rate will not have a material impact on the carrying amount of the receivable.

Note 24: Appropriations

Table A: Acquittal of Authority to Draw Cash from the Consolidated Revenue Fund for Ordinary Annual Services Appropriations
Particulars Administered Expenses Departmental Outputs Total
Outcome 1 Outcome 2 Outcome 3 Payments to CAC Act bodies
2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008
$'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000
Balance brought forward from previous period 18,865 56,065 58,275 78,547 89,981 - - - 99,703 108,866 266,824 243,478
Adjustment to opening balance - - - - - - - - - (2,105) - (2,105)
Appropriation Act:                        
Appropriation Act (No.1) 2008-09 384,548 446,838 64,053 116,916 111,716 - 10,856 - 230,136 207,158 801,309 770,912
Appropriation Act (No.3) 2008-09    4,966 17,452 11,447 47,458 14,937 12,288 - -    2,077 - 33,427 77,198
Appropriation Act (No.5) 2008-09 -    8,218 - - - - - - - - -    8,218
Appropriation Act (Northern Territory National Emergency Response) - 10,761 - - - - - - - 287 - 11,048
Administered appropriations reduced (non CAC) (Appropriations Act s11) (12,886) (46,546) (36,408) (71,329) (15,689) - - - - - (64,983)    (117,875)
Adjustment in accordance with determination to amend reduction of appropriations upon request (No. 1 of 2008-2009)1                     (797) -     (797) -
Departmental appropriations reduced (Appropriation Act section 10)1                    1,251 (1,251)    1,251 (1,251)
CAC Act body payment items reducted (Appropriation Act section 12) - - - - - - - - - - - -
Advance to the Finance Minister (Appropriation Act section 14) - - - - - - - - - - - -
Flexible Funding pool receipts (Appropriation Act section 15)    3,209 - - - - - - - - -    3,209 -
FMA Act:                        
Refunds credited (FMA section 30)    1,514    3,364    2,648 666    1,069    64 - - - -    5,231    4,094
Appropriations to take account of recoverable GST (FMA section 30A)  10,812 17,651    1,521    4,273    2,960    1,360 - - 13,375    9,939 28,668 33,223
Relevant Agency receipts (FMA section 31) - - - - - - - - 35,196 20,278 35,196 20,278
Adjustment of appropriations on change of entity function (FMA section 32)               -        
- Privacy and Freedom of Information - - - - - - - - - (1,138) - (1,138)
- Australian Commission for Law Enforcement Integrity - - - - - - - - - (5,137) - (5,137)
- Administration of the National Classification Scheme - - - - - - - - -    9,358 -    9,358
- Services to territories and advice on their administration - - - - - 110,124 - - -    5,962 - 116,086
- Natural disaster relief and mitigation - - - - -    4,000 - - -    1,587 -    5,587
Total appropriation available for payments  411,028 513,803 101,536 176,531 204,974 127,836 10,856 - 380,941 353,804   1,109,335   1,171,974
Cash payments made during the year (GST inclusive) 391,083 494,938 59,676 118,256 116,168 37,855 10,856 - 266,975 254,101 844,758 905,150
Appropriations credited to Special Accounts (excluding GST) - - - - - - - - - - - -
Balance of Authority to Draw Cash from the Consolidated Revenue Fund for Ordinary Annual Services Appropriations and as represented by: 19,945 18,865 41,860 58,275 88,806 89,981 - - 113,966 99,703 264,577 266,824
                   
Cash at bank and on hand 619 182 - - - - - -    1,131    1,293    1,750    1,475
Departmental appropriations receivable                 108,030 97,741 108,030 97,741
Receivables - GST - - - - - - - -    3,871 669    3,871 669
Appropriation reduction approved by the Finance Minister but not registered
under Appropriation Act Section 10
- - - - - - - - 934 - 934 -
Undrawn, unlapsed administered appropriations 19,326 18,683 41,860 58,275 88,806 89,981 - -     149,992 166,939
Total  19,945 18,865 41,860 58,275 88,806 89,981 - - 113,966 99,703 264,577 266,824
 
Particulars Administered Expenses Departmental Outputs Total
Outcome 1 Outcome 2 Outcome 3 Payments to CAC Act bodies
2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008
Reduction in administered items                        
Total administered items appropriated 393,533,827 483,269,000 75,500,000 164,374,000 126,653,000 82,263,532 - -     595,686,827 729,906,532
Less administered items required by the Agency per Appropriation Act section 11                        
Appropriation Act (No.1) 2008-09 370,637,445 439,704,778 55,243,055 113,050,595 111,716,000 35,361,552 - -     537,596,500 588,116,925
Appropriation Act (No.3) 2008-09   3,706,787 17,216,500   3,221,804 14,915,030 11,681,445 31,213,184 - -     18,610,036 63,344,714
Appropriation Act (No.5) 2008-09 -   2,700,500 - - - - - -     -   2,700,500
Appropriation Act (Northern Territory National Emergency Response) - 10,761,000 - - - - - -     - 10,761,000
Total administered items required by the Agency 374,344,232 470,382,778 58,464,859 127,965,625 123,397,445 66,574,736 - -     556,206,536 664,923,139
Total reduction in administered items - effective 2009-2010 19,189,595 12,886,222 17,035,141 36,408,375   3,255,555 15,688,796 - -     39,480,291 64,983,393
1 In 2008-09, the Minister for Finance and Deregulation repealed the 2007-08 determination to reduce appropriation by $1,251,000, and substituted the reduction with a smaller amount of $797,000, resulting in a balance of $454,000 being recognised in the Statement of Changes in Equity.
Table B: Acquittal of authority to Draw Cash from the Consolidated Revenue Fund for Other than Ordinary Annual Services Appropriations
Particulars Operating Non – operating Total
Outcome 1 Outcome 3
SPPs SPPs Payments to CAC Act bodies Equity Previous Years’ Outputs Admin assets and liabilities
2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008
$'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000
Balance brought forward from previous period (Appropriation Acts)   37   11,000   88,324   -   -   -   50,024   30,236     2,105   - 143,923   - 284,413   41,236
Adjustment to opening balance -   -   -   -   -   -   -   -   -   -   -   -   -   -
Appropriation Act:                            
Appropriation Act (No.2) 2008-09    160,223   41,028 163,402   -   -   -   18,144   34,472   -     2,105   21,000   - 362,769   77,605
Appropriation Act (No.4) 2008-09   80   -     2,446   -   -   -   139     1,310   -   -   -     5,000     2,665     6,310
Appropriation Act (No.6) 2008-09 -   -   -   -   -   -   -   -   -   -   -   -   -   -
Other annual appropriation acts -   -   -   -   -   -   -   -   -   -   -   -   -   -
Administered appropriations reduced (non CAC) Appropriation Act s12,13     (37) (11,000) (88,682)   -   -   -   -   -   -   -   -   - (88,719) (11,000)
Departmental appropriations reduced (Appropriation Act section 13) -   -   -   -   -   -   -   -   -   -   -   -   -   -
CAC Act body payment items reduced (Appropriation Act section 14) -   -   -   -   -   -   -   -   -   -   -   -   -   -
Advance to the Finance Minister (Appropriation Act section 15) -   -   -   -   -   -   -   -   -   -   -   -   -   -
                             
Refunds credited (FMA section 30) -   -   -   -   -   -   -   -   -   -   -   -   -   -
Appropriations to take account of recoverable GST (FMA section 30A)   3,451     1,557     2,834     1,696   -   -   -   -   -   -   373   139     6,658     3,392
Adjustment of appropriations on change of entity function
(FMA section 32) 
                           
- Australian Commission for Law Enforcement Integrity -   -   -   -   -   -   - (264)   -   -   -   -   - (264)
- Administration of the National Classification Scheme -   833   -   -   -   -   -   -   -   -   -   -   -   833
- Services to territories and advice on their administration -   -   -   18,086   -   -   -   -   -   -   -   71,072   -   89,158
- Natural disaster relief and mitigation -   -   - 115,784   -   -   -   -   -   -   -   71,587   - 187,371
Total appropriations available for payments    163,754   43,418 168,324 135,566   -   -   68,307   65,754     2,105     2,105 165,296 147,798 567,786 394,641
Cash payments made during the year (GST inclusive)    121,817   43,381 100,055   47,242   -   -   41,206   15,730     -   13,160     3,875 276,238 110,228
Appropriations credited to Special Accounts (GST exclusive)      -     -     -     -     -     -   -   -
Balance of Authority to Draw Cash from the Consolidated Revenue Fund for Other Than Ordinary Annual Services Appropriations and as represented by: 41,937     37   68,269   88,324   -   -   27,101   50,024     2,105     2,105 152,136 143,923 291,548 284,413
                             
Cash at bank and on hand -   -   -   -   -   -   -   -     -   -   -   -   -
Departmental appropriations receivable -   -   -   -   -   -   27,101   50,024     4,333     2,105   -   -   31,434   52,129
Undrawn, unlapsed administered appropriations 41,937     37   68,269   88,324   -   -   -   -   -   - 152,136 143,923 262,342 232,284
Adjustments under s101.13 of the Finance Minister's Orders not reflected above. -   -   -   -   -   -   -   -   (2,228)   -   -   -   (2,228)   -
Total  41,937     37   68,269   88,324   -   -   27,101   50,024     2,105     2,105 152,136 143,923 291,548 284,413
                             
Particulars Operating Non – operating Total
Outcome 1 Outcome 3
SPPs SPPs Payments to CAC Act bodies Equity Previous Years’ Outputs Admin assets and liabilities
  2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008
Reduction in administered items                           -   -
Total administered items appropriated 160,303,000 41,861,000  165,848,000  133,870,114   -   -           -   -  326,151,000  175,731,114
Less administered items required by the Agency per Appropriation Act section 12                            
Appropriation Act (No.2) 2008-09   122,393,163 41,823,795 99,251,971 45,188,000   -   -           -   -  221,645,134 87,011,795
Appropriation Act (No.4) 2008-09 -   -   -   -   -   -           -   -   -   -
Appropriation Act (No.6) 2008-09 -   -   -   -   -   -           -   -   -   -
Other annual appropriation acts -   -   -   -   -   -           -   -   -   -
Total administered items required by the Agency   122,393,163 41,823,795 99,251,971 45,188,000   -   -           -   -  221,645,134 87,011,795
Total reduction in administered items - effective 2009-2010     37,909,837   37,205 66,596,029 88,682,114   -   -           -   -  104,505,866 88,719,319
Departmental and non-operating appropriations do not lapse at financial year end.  However, the responsible Minister may decide that part or all of a departmental or non-operating appropriation is not required and request the Finance Minister to reduce that appropriation.  The reduction in the appropriation is effected by the Finance Minister's determination and is disallowable by Parliament.  The Finance Minister has not determined a reduction in departmental outputs appropriations in 2008-09 (2007-08: $1,251,000).
Table C: Acquittal of authority to draw cash from the Consolidated Revenue Fund - Special Appropriations (Unlimited Amount)
Legislation: National Handgun Buyback 2003
Purpose: To provide for financial assistance for qualifying payments made by States and other expenditure in connection with the implementation of the handgun buyback, and for related purposes.  All transactions under this Act are recognised as Administered items.
2009 2008
$'000 $'000
Cash payments made during the year 2,051 3,695
Repayments to the Commonwealth (FMA Act section 30) 1,013 12
Total charged to appropriation 3,064 3,707
Estimated actual 2,500 6,457
     
Legislation: Judges' Pensions Act 1968
Purpose:
To make provisions for pensions for judges and their families.  All transactions under this Act are recognised as Administered items.
2009 2008
$'000 $'000
Cash payments made during the year - federal court justices 26,128 22,526
Cash payments made during the year - former Presidential Members of the Australian Industrial Relations Commission.    - 3,267
Repayments to the Commonwealth (FMA Act section 30) 73 45
Total charged to appropriation 26,201 25,838
Estimated actual 26,300 28,368
     
Legislation: Law Officers Act 1964
Purpose: 
To make provisions for pensions of the Solicitors General.  All transactions unser this Act are recognised as Administered items.
2009 2008
$'000 $'000
Cash payments made during the year     342     321
Total charged to appropriation     342     321
Estimated actual     450     450
     
Legislation: High Court Justices (Long Leave Payments) Act 1979
Purpose: 
To make provisions for long leave payments for Justices of the High Court.
2009 2008
$'000 $'000
Cash payments made during the year     827     326
Total charged to appropriation     827     326
Estimated actual     416     326
     
Legislation: National Firearms Program Implementation Act 1996
Purpose: 
To provide for financial assistance and other expenditure in connection with the implementation of the national firearms program.
2009 2008
$'000 $'000
Cash payments made during the year 54    -
Total charged to appropriation 54    -
Estimated actual    -    -
     
Table D: Acquittal of authority to draw cash from the Consolidated Revenue Fund - Special Appropriations (Refund Provisions)
     
Legislation: Financial Management and Accountability Act 1997
Purpose: 
To provide for payments under Section 28 of the FMA Act.  All transactions under this Act are recognised as Administered items.
2009 2008
$'000 $'000
Cash payments made during the year 13    8
Total charged to special appropriation 13    8
Estimated actual 15    8
Table E: Disclosure by agent in relation to Special Appropriations
Remuneration Tribunal Act 1973 Department of Education, Employment and Workplace Relations Total
Departmental Administered Departmental Administered
2009 2008 2009 2008 2009 2008 2009 2008
$'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000
Total receipts - -    3,140    2,926 - -    3,140    2,926
Total payments - -    3,140    2,926 - -    3,140    2,926
Balance of receipts and payments for departmental, and for administered, for each responsible Agency - - - - - - - -
                 
                 
                 
Parliamentary Entitlements Act 1990 Department of Finance and Deregulation Total
Departmental Administered Departmental Administered
2009 2008 2009 2008 2009 2008 2009 2008
$'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000
Total receipts - - 155 7 - - 155 7
Total payments - - 155 7 - - 155 7
Balance of receipts and payments for departmental, and for administered, for each responsible Agency - - - - - - - -

Other Special Appropriations that had nil balances at the end of the 2008-09 financial year and where there were no transactions debited or credited to them during the 2008-09 financial year are: 

  • Native Title Act 1993 Purpose: Payment of successful Native Title compensation claims
  • National Firearms Program Implementation Act 1998 Purpose: Payment of compensation for firearms surrendered in 3 External Territories
  • National Firearms Program Implementation Act 1997 Purpose: Payment of compensation for surrendered firearms not covered by the 1996 legislation (certain automatic weapons)
  • National Crime Authority (Status and Rights of former Chairman) Act 1984 Purpose: Payments of remuneration and allowances
  • High Court of Australia Act 1979 Purpose: Salary and Allowances of Judges
  • Judges (Long Leave Payments) Act 1979 Purpose: To make provision for long leave payments for judges
  • Federal Court of Australia Act 1976 Purpose: Salary and allowances of judges
  • Family Law Act 1975 Purpose: Salary and allowances of judges
  • Crimes (Superannuation Benefits) Act 1989 Purpose: Superannuation benefits paid or payable to or in respect of certain persons convicted of corruption offences
  • Commonwealth Places (Application of Laws) Act 1970 Purpose: Application and administration of laws in places acquired by the Commonwealth for public purposes
  • Classification (Publications, Films and Computer Games) Act 1995 Purpose: Payments to the States regarding costs of administering the scheme
  • Appropriation (Dr Carmen Lawrence's Legal Costs) Act 1999-2000 Purpose: Payment of legal cost relating to the case of Vass & Ors v The Commonwealth of Australia
  • Federal Magistrates Act 1999 Purpose: To make provision for death or invalidity benefits for judges

 

Note 25: Special Accounts

Christmas Island Phosphate Mining Rehabilitation (Administered) 2009 2008
$'000 $'000
Legal Authority: Financial Management and Accountability Act 1997; s20
Purpose:  To manage the funding provided for the rehabilitation of phosphate mine sites on Christmas Island in accordance with the requirements of the lease between Phosphate Resources Limited and the Australian Government
This account is non-interest bearing
Balance carried from previous period 2,914   598
Receipts 1,109     -  
Other receipts:
Transfer of balance from Department of Infrastructure, Transport, Regional Development and Local Government
    -   3,034
Total credits 1,109 3,034
Available for payments 4,023 3,632
Payments made to suppliers (1,327)  (718)
Balance carried to next year 2,696 2,914
     
Represented by:    
Cash - transferred to the Official Public Account 2,696 2,914
Total balance carried to the next period 2,696 2,914
     
 
Services on behalf of other Governments and non public bodies (Administered) 2009 2008
$'000 $'000
Legal Authority: Financial Management and Accountability Act 1997; s20
Purpose:  For expenditure in connection with services performed on behalf of other Governments and bodies that are not Agencies under the FMA Act
This account is non-interest bearing
Balance carried from previous period 2,290 1,786
Other receipts:
Transfer from Insolvency Trustee Services Australia (ITSA)
11,758     -  
Costs recovered 1,435 2,188
Available for payments 15,483 3,974
Payments made to suppliers (1,606) (1,684)
Balance carried to next year 13,877 2,290
     
Represented by:    
Cash - transferred to the Official Public Account 13,877 2,290
Total balance carried to the next period 13,877 2,290
     
 
Other Trust moneys (Administered) 2009 2008
$'000 $'000
Legal Authority: Financial Management and Accountability Act 1997; s20
Purpose:  For expenditure of moneys temporarily held on trust or otherwise for the benefit of a person other than the Australian Government
This account is non-interest bearing
Balance carried from previous period 1,665   456
Other receipts 1,498 2,387
Available for payments 3,163 2,843
Payments made to suppliers (1,237) (1,178)
Balance carried to next period 1,926 1,665
     
Represented by:    
Cash - transferred to the Official Public Account 1,926 1,659
Cash - held by agency     -         6
Total balance carried to the next period 1,926 1,665
     
     
Northern Territory Flexible Funding Pool Special Account  
     

The Department of Families, Housing, Community Services and Indigenous Affairs (FaHCSIA) made the following payments out of the Northern Territory Flexible Funding Pool (NTFFP) Special Account:

Administered: $3,209,127 (2007-08: $1,474,000)

Note: In 2007-08 FaHCSIA made payments out of the NTFFP Special Account directly to third parties on behalf of the Attorney-General's Department.  Subsequent arrangements in 2008-09 involved payments from FaHCSIA to the Attorney-General's Department for payments to third parties.

 

Note 26: Compensation and Debt Relief in Special Circumstances

  2009 2008
   $   $ 
Administered    
     
No ‘Act of Grace’ expenses were incurred during the reporting period. (2008: No expenses) -   -  
     
No waivers of amounts owing to the Australian Government were made pursuant to subsection 34(1) of the Financial Management and Accountability Act 1997. (2008: No waivers) -   -  
     
No payments were made under the 'Defective Administration Scheme' during the reporting period. (2008: No payments) -   -  
     
No payments were made under s73 of the Public Service Act 1999 during the reporting period. (2008: No payments) -   -  
     
No ex-gratia payments were provided for during the reporting period. (2008: No payments) -   -  
     
Departmental    
     
No ‘Act of Grace’ expenses were incurred during the reporting period. (2008: No expenses). -   -  
     
No waivers of amounts owing to the Australian Government were made pursuant to subsection 34(1) of the Financial Management and Accountability Act 1997. (2008: No waivers) -   -  
     
No payments were made under the 'Defective Administration Scheme' during the reporting period. (2008: 2 payments) -   597
     
No payments were made under s73 of the Public Service Act 1999 during the reporting period. (2008: No payments) -   -  
     
No ex-gratia payments were provided for during the reporting period. (2008: No payments) -   -  

 

Note 27: Reporting of Outcomes

The Department uses budgeted average staffing levels to determine the attribution of its shared items.  The basis of attribution in the Table is consistent with the basis used for the 2008-09 Budget.

Note 27A: Net Cost of Outcome Delivery

  Outcome 1 Outcome 2 Outcome 3 Payments to CAC Act bodies* Total
  2009 2008 2009 2008 2009 2008 2009 2008 2009 2008
  $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
Expenses                    
Administered 552,612 570,668 59,362 135,417 224,243 102,372 10,856  - 847,073 808,457
Departmental 107,337 98,648 131,528 148,847 18,461 5,418  -  - 257,326 252,913
Total expenses 659,949 669,316 190,890 284,264 242,704 107,790 10,856  - 1,104,399 1,061,370
Costs recovered from provision of goods and services to the non government sector     
Administered 6,888 7,311 2,041 9,882 23,730 14,628  -  - 32,659 31,821
Departmental 5,606 5,342 15,915 18,502 201 28  -  - 21,722 23,872
Total costs recovered 12,494 12,653 17,956 28,384 23,931 14,656  -  - 54,381 55,693
Other external income                    
Administered 8,268 17,892 144 997 6,878 1,921  -  - 15,290 20,810
Departmental 151 144 181 262 16 10  -  - 348 416
Total other external income 8,419 18,036 325 1,259 6,894 1,931  -  - 15,638 21,226
Net cost/(contribution) of outcome 639,036 638,627 172,609 254,621 211,879 91,203 10,856  - 1,034,380 984,451

Outcomes 1, 2 and 3 are described in Note 1.1. Net costs shown include intra-government costs that are eliminated in calculating the actual Budget Outcome. Refer to Outcome 1 Resourcing Table, Outcome 2 Resourcing Table and Outcome 3 Resourcing Table of this Annual Report.

* Payments to CAC Act bodies are not related to outcomes. They are included here so the total can agree to the resourcing table.

Note 27B: Major Classes of Departmental Income and Expenses by Output Groups and Outputs 

Outcome 1 Output Group 1.1 Output Group 1.2 Output Group 1.3 Output Group 1.4 Output Group 1.5 Output Group 1.6 Output Group 1.7 Output Group 1.8 Outcome 1 Total
2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008
$’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
Departmental expenses                                    
Employees 18,797 17,147 7,003 5,604 11,919 11,405 4,715 4,257 8,561 8,005 3,464 2,455 12,023 12,006 4,076 1,879 70,558 62,758
Suppliers 7,567 7,345 2,439 5,941 4,336 3,331 1,577 1,683 2,175 2,235 3,096 2,804 4,134 5,274 4,525 2,092 29,849 30,705
Depreciation and amortisation 1,589 1,168 466 1,019 1,350 698 373 259 710 591 277 138 990 914 420 111 6,175 4,898
Other expenses 171 70 49 62 208 22 41 20 85 43 34 8 107 55 60 7 755 287
Total departmental expenses 28,124 25,730 9,957 12,626 17,813 15,456 6,706 6,219 11,531 10,874 6,871 5,405 17,254 18,249 9,081 4,089 107,337 98,648
                                     
Funded by:                                    
Revenues from government 24,495 25,570 8,680 6,045 14,888 16,445 5,800 6,016 10,048 7,971 6,470 5,557 15,203 18,327 10,142 4,717 95,726 90,648
Sale of goods and services 739 258 48 119 1,456 1,431 233 219 2,803 3,209 49 12 176 84 102 10 5,606 5,342
Other income 42 37 12 32 26 12 10 8 18 19 7 4 26 28 10 4 151 144
Total departmental income 25,276 25,865 8,740 6,196 16,370 17,888 6,043 6,243 12,869 11,199 6,526 5,573 15,405 18,439 10,254 4,731 101,483 96,134
Outcome 2 Output Group 2.1 Output Group 2.2 Output Group 2.3 Output Group 2.4 Output Group 2.5 Output Group 2.6 Outcome 2 Total
2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008
$’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
Departmental expenses                            
Employees 12,533 15,173 11,364 7,700 19,373 10,084 11,929 12,844 13,645 25,348 6,095 2,835 74,939 73,984
Suppliers 6,213 13,778 4,186 4,505 15,078 8,828 5,766 15,799 10,256 13,514 5,286 5,111 46,785 61,535
Depreciation and amortisation 1,353 1,139 860 610 1,979 704 2,326 976 1,455 4,177 1,056 393 9,029 7,999
Other expenses 161 53 100 36 212 41 29 54 177 536 96 4,609 775 5,329
Total departmental expenses 20,260 30,143 16,510 12,851 36,642 19,657 20,050 29,673 25,533 43,575 12,533 12,948 131,528 148,847
                             
Funded by:                            
Revenues from government 21,157 23,609 15,327 10,086 30,148 16,583 17,636 29,771 26,474 40,667 12,767 421 123,509 121,137
Sale of goods and services 1,010 6,075 2,679 57 424 63 159 513 3,092 4,082 8,551 7,712 15,915 18,502
Other income 35 32 22 19 51 22 22 29 35 153 16 7 181 262
Total departmental income 22,202 29,716 18,028 10,162 30,623 16,668 17,817 30,313 29,601 44,902 21,334 8,140 139,605 139,901
Outcome 3 Output Group 3.1 Output Group 3.2 Outcome 3 Total
2009 2008 2009 2008 2009 2008
$’000 $’000 $’000 $’000 $’000 $’000
Departmental expenses            
Employees 5,917 2,851 3,257 379 9,174 3,230
Suppliers 1,473 1,412 7,113 409 8,586 1,821
Depreciation and amortisation 385 244 250 41 635 285
Other expenses 36 80 30 2 66 82
Total departmental expenses 7,811 4,587 10,650 831 18,461 5,418
             
Funded by:            
Revenues from government 7,650 4,041 6,622 1,107 14,272 5,148
Sale of goods and services 77 24 124 4 201 28
Other income 10 9 6 1 16 10
Total departmental income 7,737 4,074 6,752 1,112 14,489 5,186

Note 27C: Major Classes of Departmental Assets and Liabilities by Outcomes 

  Outcome 1 Outcome 2 Outcome 3 Payments to CAC Act bodies Not attributed* Total
  2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008
  $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
Departmental assets                        
Cash and Cash Equivalents 491 537 590 677 50 79  -  -  -  - 1,131 1,293
Trade and Other Receivables 63,035 64,997 79,328 83,168 6,241 10,820  -  -  -  - 148,604 158,985
Land and Buildings 25,632 12,424 32,022 16,889 2,595 1,837  -  -  -  - 60,249 31,150
Infrastructure, Plant and Equipment 7,174 5,618 15,962 13,310 843 849  -  -  -  - 23,979 19,777
Intangibles 4,485 1,834 6,548 3,772 354 271  -  -  -  - 11,387 5,877
Inventories 34 43 41 54 3 6  -  -  -  - 78 103
Other Non-Financial Assets 426 450 437 765 61 54  -  -  -  - 924 1,269
Total departmental assets 101,277 85,903 134,928 118,635 10,147 13,916  -  -  -  - 246,352 218,454
                         
Departmental liabilities                        
Suppliers 790 1,386 15,761 569 1,119 14,205  -  -  -  - 17,670 16,160
Other Payables 767 5,243 12,371 3,517 14 300  -  -  -  - 13,152 9,060
Leases 2,729 3,484 3,282 4,398 276 515  -  -  -  - 6,287 8,397
Other Interest Bearing Liabilities 846 55 1,017 69 86 8  -  -  -  - 1,949 132
Employee Provisions 17,402 16,176 17,974 16,322 3,289 3,019  -  -  -  - 38,665 35,517
Other Provisions 245 481 296 608 25 71  -  -  -  - 566 1,160
Total departmental liabilities 22,779 26,825 50,701 25,483 4,809 18,118  -  -  -  - 78,289 70,426

* Assets and liabilities that can not be reliably attributed to outcomes.

Outcomes 1, 2 and 3 are described in Note 1.1.

Note 27D: Major Classes of Administered Income, Expenses, Assets and Liabilities by Outcomes

  Outcome 1 Outcome 2 Outcome 3 Payments to CAC Act bodies Total
2009 2008 2009 2008 2009 2008 2009 2008 2009 2008
$’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
Administered income                    
Dividends 2,473 5,686  -  -  -  -  -  - 2,473 5,686
Competitive Neutrality 5,160 5,118  -  -  -  -  -  - 5,160 5,118
Sale of goods and rendering of services 6,888 7,311 438 1,857 9,483 4,488  -  - 16,809 13,656
Fees and fines  -  -  -  - 694 274  -  - 694 274
Interest  -  -  -  - 8,861 8,493  -  - 8,861 8,493
Rental income  -  -  -  - 3,230 1,585  -  - 3,230 1,585
Royalties  -  -  -  - 3,171 651  -  - 3,171 651
Other revenue 635 7,088 144 997 642  -  -  - 1,421 8,085
Other gains  -  - 1,603 8,025 2,156 62  -  - 3,759 8,087
Indirect tax  -  -  -  - 1,055 398  -  - 1,055 398
Other tax  -  -  -  - 1,316 598  -  - 1,316 598
Total Administered income 15,156 25,203 2,185 10,879 30,608 16,549  -  - 47,949 52,631
                     
Administered expenses                    
Employee benefits 296 884  - 217 8,344 3,306  -  - 8,640 4,407
Suppliers 3,431 14,286 6,355 9,400 70,034 32,754  -  - 79,820 56,440
Subsidies 39,954 35,037 14,426 16,597 1,395 782  -  - 55,775 52,416
Personal benefits 55,949 56,550  -  -  -  -  -  - 55,949 56,550
Grants 452,959 463,872 30,203 105,849 127,673 54,047  -  - 610,835 623,768
Write-down and impairment of assets (3) 35 913 1,705 397 2,295  -  - 1,307 4,035
Depreciation and Amortisation 26 4 1,137 1,649 16,334 9,188  -  - 17,497 10,841
CAC Act body payment items  -  -  -  -  -  - 10,856  - 10,856  -
Other Expenses  -  - 6,328  - 66  -  -  - 6,394  -
Total Administered expenses 552,612 570,668 59,362 135,417 224,243 102,372 10,856  - 847,073 808,457
                     
Administered assets                    
Cash and cash equivalents  -  -  -  - 619 182  -  - 619 182
Loans and Receivables 554 1,514 13,021 4,812 136,587 150,197  -  - 150,162 156,523
Investments 346,947 348,604 2,459 2,388  -  -  -  - 349,406 350,992
Land and Buildings  -  -  -  - 110,046 111,749  -  - 110,046 111,749
Property, Plant and Equipment 2,600 2,375 9,081 7,546 187,499 188,312  -  - 199,180 198,233
Inventories  -  -  -  - 2,124 2,001  -  - 2,124 2,001
Intangibles 33  - 18  - 1,539 1,618  -  - 1,590 1,618
Other non-financial assets 48 13  -  - 7  -  -  - 55 13
Assets held for sale  - 76  - 241  - 6,010  -  -  - 6,327
Total administered assets 350,182 352,582 24,579 14,987 438,421 460,069  -  - 813,182 827,638
                     
Administered liabilities                    
Suppliers 1,703 1,392 4,871 3,538 12,667 9,691  -  - 19,241 14,621
Personal benefits 680,500 572,057  -  -  -  -  -  - 680,500 572,057
Grants and subsidies 5,333 6,513 6,438 16,554 628 1,827  -  - 12,399 24,894
Other payables 324 641 391 810 33 95  -  - 748 1,546
Employee provisions  - 33  -  - 1,680 1,449  -  - 1,680 1,482
Asbestos removal provision  -  -  -  - 10,230 7,162  -  - 10,230 7,162
Phosphate mine rehabilitation provision  -  -  -  - 2,784 2,914  -  - 2,784 2,914
Total administered liabilities 687,860 580,636 11,700 20,902 28,022 23,138  -  - 727,582 624,676

* Assets and liabilities that can not be reliably attributed to outcomes.

Outcomes 1, 2 and 3 are described in Note 1.1.