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Annual Report 2009-10 Financial statements

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Independent Auditor's Report

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 2010 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' signature
Roger Wilkins
Chief Executive
2 September 2010
   Stephen Lutze's signature
Stephen Lutze
Chief Finance Officer
2 September 2010

Financial Statements

STATEMENT OF COMPREHENSIVE INCOME for the Attorney-General's Department
for the period ended 30 June 2010
    2010 2009
  Notes $'000 $'000
EXPENSES      
Employee benefits 3A 157,559 154,671
Suppliers expenses 3B 86,816 85,220
Depreciation and amortisation 3C 17,995 15,839
Finance costs 3D 449 804
Write-down and impairment of assets 3E 97 784
Loss from asset transfers 3F 1,476 -
Other 3G 38 8
Total expenses   264,430 257,326
       
LESS:      
OWN-SOURCE INCOME      
Own-source revenue      
Sale of goods and rendering of services 4A 27,509 21,722
Interest 4B 14 1
Total own-source revenue   27,523 21,723
       
Gains      
Sale of assets 4C 11 -
Other 4D 340 347
Total gains   351 347
Total own-source income   27,874 22,070
       
Net cost of services 12 236,556 235,256
       
Revenue from Government 4E, 12 236,312 233,507
Deficit attributable to the Australian Government   (244) (1,749)
       
OTHER COMPREHENSIVE INCOME      
Changes in asset revaluation reserve 5A - 3,047
Total comprehensive income (loss) attributable to the Australian Government   (244) 1,298

 

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

 

BALANCE SHEET for the Attorney-General's Department
as at 30 June 2010
    2010 2009
  Notes $'000 $'000
ASSETS      
Financial assets      
Cash and cash equivalents 6A,12 1,817 1,131
Trade and other receivables 6B 128,888 148,604
Total financial assets   130,705 149,735
       
Non-financial assets      
Land and buildings 7A 58,626 60,249
Infrastructure, plant and equipment 7B 22,310 23,979
Intangibles 7D 19,296 11,387
Inventories 7F 71 78
Other 7G 740 924
Total non-financial assets   101,043 96,617
Total Assets   231,748 246,352
       
LIABILITIES      
Payables      
Suppliers 8A 15,643 17,670
Other 8B 13,985 19,047
Total payables   29,628 36,717
       
Interest bearing liabilities      
Leases 9A 2,982 6,287
Other 9B 1,779 1,949
Total interest bearing liabilities   4,761 8,236
       
Provisions      
Employee provisions 10A 32,224 32,770
Other 10B 598 566
Total provisions   32,822 33,336
Total liabilities   67,211 78,289
Net Assets   164,537 168,063
       
EQUITY      
Parent entity interest      
Contributed equity   125,503 129,274
Reserves   19,124 19,124
Retained earnings   19,910 19,665
Total Equity   164,537 168,063

 

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

 

STATEMENT of CHANGES in EQUITY for the Attorney-General's Department
for the period ended 30 June 2010
  Notes Retained earnings Asset revaluation reserves Contributed equity/capital Total equity
  5A 2010 2009 2010 2009 2010 2009 2010 2009
  $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000
                 
Opening balance                
Balance carried forward from previous period 19,665 20,960 19,124 16,077 129,274 110,991 168,063 148,028
Adjustment for errors - 454 - - - - - 454
Adjusted opening balance 19,665 21,414 19,124 16,077 129,274 110,991 168,063 148,482
                 
Comprehensive income                
Other comprehensive income - changes in asset revaluation reserves - - - 3,047 - - - 3,047
Deficit for the period (244) (1,749) - - - - (244) (1,749)
Total comprehensive income (244) (1,749) - 3,047 - - (244) 1,298
Attributable to the Australian Government (244) (1,749) - 3,047 - - (244) 1,298
                 
Transactions with owners                
Distributions to owners                
Returns of capital:                
Operation Sunlight - appropriation extinguishment - - - - (12,145) - (12,145) -
Contributions by owners                
Appropriation (equity injection) - - - - 8,374 18,283 8,374 18,283
Prior year outputs* 489 - - - - - 489 -
Sub-total transactions with owners 489 - - - (3,771) 18,283 (3,282) 18,283
Closing balance as 30 June 19,910 19,665 19,124 19,124 125,503 129,274 164,537 168,063
Closing balance attributable to the Australian Government 19,910 19,665 19,124 19,124 125,503 129,274 164,537 168,063

 

* Relates to a prior years’ outputs agreed by the Government in the 2009-10 Budget process for the national emergency warning system that commenced in 2008-09.

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

CASH FLOW STATEMENT for the Attorney-General's Department
for the period ended 30 June 2010
    2010 2009
  Notes $'000 $'000
OPERATING ACTIVITIES      
Cash received      
Goods and services   30,030 24,405
Appropriations   235,213 221,444
Interest   14 1
Net GST received   17,326 -
Total cash received   282,583 245,850
       
Cash used      
Employees   156,516 151,524
Suppliers   112,031 77,316
Borrowing costs   449 804
Net GST paid   - 2,585
Total cash used   268,996 232,229
Net cash from operating activities 12 13,587 13,621
       
INVESTING ACTIVITIES      
Cash received      
Proceeds from sales of infrastructure, plant and equipment 4C 11 -
Total cash received   11 -
       
Cash used      
Purchase of land and buildings 7C 6,185 35,270
Purchase of infrastructure, plant and equipment 7C 8,235 10,357
Purchase of intangibles   10,442 7,252
Total cash used   24,862 52,879
Net cash used by investing activities   (24,851) (52,879)
       
FINANCING ACTIVITIES      
Cash received      
Contributed equity   15,255 41,206
Total cash received   15,255 41,206
       
Cash used      
Repayment of borrowings   3,305 2,110
Total cash used   3,305 2,110
Net cash from financing activities   11,950 39,096
       
Net increase/(decrease) in cash held   686 (162)
Cash and cash equivalents at the beginning of the reporting period   1,131 1,293
Cash and cash equivalents at the end of the reporting period 6A,12 1,817 1,131

 

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

 

SCHEDULE OF COMMITMENTS for the Attorney-General's Department
as at 30 June 2010
  2010 2009
  $'000 $'000
BY TYPE    
Commitments receivable    
GST recoverable on commitments 19,555 25,033
Total commitments receivable 19,555 25,033
     
Commitments payable    
Capital commitments    
Land and buildings 1 387 4,388
Infrastructure, plant and equipment 2 3,326 9,405
Total capital commitments 3,713 13,793
     
Other commitments    
Operating leases 3 206,337 242,077
Other commitments 4,960 5,593
Total other commitments 211,297 247,670
Net commitments by type 195,455 236,430
     
BY MATURITY    
Commitments receivable    
Other commitments receivable    
One year or less 2,282 3,326
From one to five years 5,768 6,728
Over five years 11,505 14,979
Total other commitments receivable 19,555 25,033
     
Commitments payable    
Capital commitments    
One year or less 3,169 13,090
From one to five years 544 703
Total capital commitments 3,713 13,793
     
Operating lease commitments    
One year or less 19,162 20,493
From one to five years 60,627 71,493
Over five years 126,548 150,091
Total operating lease commitments 206,337 242,077
     
Other commitments    
One year or less 2,693 3,606
From one to five years 2,267 1,807
Over five years - 180
Total other commitments 4,960 5,593
Net commitments by maturity 195,455 236,430

 

NB: Commitments are GST inclusive where relevant.

 

1 Outstanding contractual payments for fit out under construction.

2 Infrastructure, 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 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.

 

SCHEDULE OF CONTINGENCIES for the Attorney-General's Department
as at 30 June 2010

Contingent assets

At 30 June 2010 the Department estimates the value of contingent assets to be $nil (2009: $nil).

Contingent liabilities

At 30 June 2010 the Department estimates the value of contingent liabilities to be $nil (2009: $nil).

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

 

SCHEDULE OF ASSET ADDITIONS for the Attorney-General's Department
for the period ended 30 June 2010
The following non-financial non-current assets were added in 2009-10:
  Land Buildings Leasehold
improvements
Heritage &
cultural
Other
infrastructure
plant &
equipment
Intangibles Total
  $'000 $'000 $'000 $'000 $'000 $'000 $'000
By purchase - appropriation equity - - 2,045 - 2,600 9,059 13,704
By purchase - appropriation ordinary annual services - - 4,140 - 5,635 1,383 11,158
Assets transferred - - 440 - - - 440
Total additions - - 6,625 - 8,235 10,442 25,302
               
The above schedule should be read in conjunction with the accompanying notes.
 
The following non-financial non-current assets were added in 2008-09:
  Land Buildings Leasehold
improvements
Heritage &
cultural
Other
infrastructure
plant &
equipment
Intangibles Total
  $'000 $'000 $'000 $'000 $'000 $'000 $'000
By purchase - appropriation equity - - 31,840 - 2,050 3,779 37,669
By purchase - appropriation ordinary annual services - - 3,430 - 8,307 3,473 15,210
Total additions - - 35,270 - 10,357 7,252 52,879

 

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

 

SCHEDULE OF ADMINISTERED ITEMS for the Attorney-General's Department
    2010 2009
  Notes $'000 $'000
Income administered on behalf of Government      
for the period ended 30 June 2010      
       
Revenue      
Taxation revenue      
Indirect tax 17A 2,813 1,055
Other 17B 924 1,316
Total taxation revenue   3,737 2,371
       
Non-taxation revenue      
Sale of goods and rendering of services 17C 21,541 16,809
Fees and fines 17D 1,510 694
Interest 17E 6,437 8,861
Dividends 17F 1,094 2,473
Rental income 17G 2,899 3,230
Royalties 17H 1,545 3,171
Competitive neutrality 17I 4,990 5,160
Other 17J 666 1,421
Total non-taxation revenue   40,682 41,819
Total revenues administered on behalf of Government   44,419 44,190
       
Gains      
Other 17K 77,049 3,759
Total income administered on behalf of Government 21 121,468 47,949
       
Expenses administered on behalf of Government      
for the period ended 30 June 2010      
       
Employee benefits 18A 10,811 8,640
Suppliers expenses 18B 92,401 94,252
Subsidies 18C 38,524 41,343
Personal benefits 18D 28,066 55,949
Grants 18E 395,905 610,835
Depreciation and amortisation 18F 17,889 17,497
Write-down and impairment of assets 18G 2,317 1,307
Losses from asset sales 18H 194 67
CAC Act body payment item 18I, 21 10,979 10,856
Other 18J - 6,327
Total expenses administered on behalf of Government   597,086 847,073

 

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

 

SCHEDULE OF ADMINISTERED ITEMS for the Attorney-General's Department
    2010 2009
  Notes $'000 $'000
Assets administered on behalf of Government      
as at 30 June 2010      
       
Financial assets      
Cash and cash equivalents 19A 41 619
Loans and receivables 19B 138,349 150,162
Investments 19C 395,263 349,406
Total financial assets   533,653 500,187
       
Non-financial assets      
Land and buildings 19D 228,422 110,046
Infrastructure, plant and equipment 19E 434,037 199,180
Intangibles 19G 4,299 1,590
Inventories 19I 2,008 2,124
Other 19J 6 55
Total non-financial assets   668,772 312,995
Total assets administered on behalf of Government   1,202,425 813,182
       
Liabilities administered on behalf of Government      
as at 30 June 2010      
       
Payables      
Suppliers 20A 8,322 19,241
Personal benefits 20B - 680,500
Grants and subsidies 20C 19,031 12,399
Other 20D 1,755 846
Total payables   29,108 712,888
       
Provisions      
Employee provisions 20E 1,868 1,582
Asbestos removal provision 20F 8,321 10,230
Phosphate mine rehabilitation provision 20G 2,984 2,784
Total provisions   13,173 14,694
Total liabilities administered on behalf of Government   42,281 727,582

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

 

SCHEDULE OF ADMINISTERED ITEMS for the Attorney-General's Department
    2010 2009
  Notes $'000 $'000
Administered cash flows      
for the period ended 30 June 2010      
       
OPERATING ACTIVITIES      
Cash received      
Sales of goods and rendering of services   27,837 17,608
Interest   6,437 8,861
Dividends   2,567 5,436
Levies, fees, taxes and fines 17E 5,247 3,065
Net GST received   18,598 839
Competitive neutrality 17I 4,990 5,160
Rental income 17G 2,899 3,230
Royalties 17H 1,545 3,171
Other   666 1,666
Total cash received   70,786 49,036
       
Cash used      
Grant payments   389,273 621,865
Subsidies paid 18C 38,524 57,240
Personal benefits   14,151 30,861
Suppliers   125,325 74,634
Employees   10,382 8,442
CAC Act body payment item 18I 10,979 10,856
Total cash used   588,634 803,898
Net cash flows used by operating activities   (517,848) (754,862)
       
INVESTING ACTIVITIES      
Cash received      
Proceeds from sale of infrastructure, plant and equipment   176 4,145
Repayments of advances and loans   10,966 248
Total cash received   11,142 4,393
       
Cash used      
Purchase of land and buildings 19F 110 1,952
Purchase of infrastructure, plant and equipment 19F 46,026 11,757
Purchase of intangibles   1,471 147
Advances and loans made   6,571 129
Total cash used   54,178 13,985
Net cash flows used by investing activities   (43,036) (9,592)
       
FINANCING ACTIVITIES      
Cash received      
GST appropriation cash from Official Public Account   20,193 21,950
Total cash received   20,193 21,950
Cash used      
Cash to Official Public Account   16,245 22,476
Total cash used   16,245 22,476
Net cash flows from/(used by) financing activities   3,948 (526)
Net decrease in cash held   (556,936) (764,980)
       
Cash and cash equivalents at the beginning of the reporting period   619 182
Cash from Official Public Account for:      
- Appropriations   599,902 805,923
- Appropriations - capital   29,110 12,787
- Special accounts   7,022 10,015
- Revenue from CAC entities   10,979 10,856
    647,013 839,581
       
Cash to Official Public Account for:      
- Appropriations   (69,931) (67,963)
- Special accounts   (20,724) (6,201)
    (90,655) (74,164)
Cash and cash equivalents at the end of the reporting period 19A 41 619
This schedule should be read in conjunction with the accompanying notes.

 

SCHEDULE OF ADMINISTERED ITEMS for the Attorney-General's Department
  2010 2009
  $'000 $'000
Administered commitments    
as at 30 June 2010    
     
BY TYPE    
Commitments receivable    
GST recoverable on commitments 11,442 13,107
Total commitments receivable 11,442 13,107
     
Commitments payable    
Capital commitments    
Infrastructure, plant and equipment 1 66,744 31,310
Total capital commitments 66,744 31,310
     
Other commitments 2    
Operating Leases 791 230
Other commitments 163,639 38,899
Grants 381,630 475,982
Total other commitments 546,060 515,111
Net commitments by type 601,362 533,314
     
BY MATURITY    
Commitments receivable    
Other commitments receivable    
One year or less 8,035 8,081
From one to five years 3,407 5,026
Total other commitments receivable 11,442 13,107
     
Commitments payable    
Capital commitments    
One year or less 57,285 31,250
From one to five years 9,459 60
Total capital commitments 66,744 31,310
     
Other commitments    
One year or less 279,435 243,036
From one to five years 266,625 272,075
Total other commitments 546,060 515,111
Net commitments by maturity 601,362 533,314

 

NB: Commitments are GST inclusive where relevant.

 

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 over future years in respect of which the grantee has yet to provide the services required under the agreement.

These commitments are fully funded in forward estimates.

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

 

SCHEDULE OF ADMINISTERED ITEMS for the Attorney-General's Department

Administered Contingencies

as at 30 June 2010

Contingent assets

At 30 June 2010 the Department estimates the value of contingent assets to be $nil (2009: $nil).

Contingent liabilities

At 30 June 2010 the Department estimates the value of contingent liabilities to be $nil (2009: $nil).

 

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

 

SCHEDULE OF ADMINISTERED ITEMS for the Attorney-General's Department
Administered Asset Additions
for the period ended 30 June 2010
The following non-financial non-current assets were added in 2009-10:
  Land Buildings Leasehold improvements Heritage &
cultural
Other
infrastructure
plant &
equipment
Intangibles Total
  $'000 $'000 $'000 $'000 $'000 $'000 $'000
By purchase - appropriation equity - - - - 24,585 - 24,585
By purchase - appropriation ordinary annual services - 110 - - 21,441 1,471 23,022
Assets first found 16,742 11,576 - 2,119 48,470 - 78,907
Total additions 16,742 11,686 - 2,119 94,496 1,471 126,514
               
The following non-financial non-current assets were added in 2008-09:
  Land Buildings Leasehold improvements Heritage &
cultural
Other
infrastructure
plant &
equipment
Intangibles Total
  $'000 $'000 $'000 $'000 $'000 $'000 $'000
By purchase - appropriation equity - - - - - - -
By purchase - appropriation ordinary annual services - 1,952 - - 11,757 147 13,856
Assets first found - - - - 3,514 - 3,514
Total additions - 1,952 - - 15,271 147 17,370

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

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
for the period 1 July 2009 to 30 June 2010
Note Description
1 Summary of significant accounting policies
2 Events after the reporting period
3 Expenses
4 Income
5 Other comprehensive income
6 Financial assets
7 Non-financial assets
8 Payables
9 Interest bearing liabilities
10 Provisions
11 Restructuring
12 Cash flow reconciliation
13 Contingent liabilities and assets
14 Senior executive remuneration
15 Remuneration of auditors
16 Financial instruments
17 Income administered on behalf of Government
18 Expenses administered on behalf of Government
19 Assets administered on behalf of Government
20 Liabilities administered on behalf of Government
21 Administered reconciliation table
22 Administered contingent assets and liabilities
23 Administered investments
24 Administered financial instruments
25 Appropriations
26 Special accounts
27 Compensation and debt relief
28 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 body 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

Program 1.1: Access to justice and social inclusion

Program 1.2: Legal services

Contributions to Outcome 2

Program 2.1: National security

Program 2.2: Criminal justice

Contributions to Outcome 3

Program 3.1: Services to territories

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.

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, income 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.

 As part of the Government’s reform agenda to promote good governance practices and improve the openness and transparency of public sector budgetary and financial management (Operation Sunlight), the Government approved a change to the Department’s Outcome and Output structure. For 2010-11, the Department has amalgamated Outcomes 1 and 2 above into one outcome – Outcome 1, and the previous Outcome 3 is now Outcome 2. In addition, the Department’s program structure has been revised to more clearly separate departmental and administered programs. Further details appear in the Portfolio Budget Statements 2010-11- Budget Related Paper No 1.2 Attorney-General’s Portfolio page 23.

1.2 Basis of preparation of the financial statements

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

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

  • The Finance Minister’s Orders (FMOs) for reporting periods ending on or after 1 July 2009; and
  • Australian Accounting Standards and Interpretations issued by the Australian Accounting Standards Board (AASB) that apply for the reporting period.

The financial statements have been prepared on an accrual basis and in accordance with historical cost convention, except for certain assets and liabilities 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 statements are 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 follow to the Department, or a future sacrifice of economic 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 at balance date are reported in the schedule of commitments and the schedule of contingencies (other than unquantifiable or remote contingencies, which are reported at Note 13).

Unless alternative treatment is specifically required by an accounting standard, income and expenses are recognised in the Statement of Comprehensive Income 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 1.20.

 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 Employee Benefits at the date of transferring the function to the Department of Finance and Deregulation as part of the Machinery of Government change (Refer to Note 11).

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 New Australian Accounting Standards.

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 accounting standards were issued prior to the signing of the statement by the Chief Executive and Chief Financial Officer, were applicable to the current reporting period and had a financial impact on the entity:

  • AASB 7 Financial Instruments: Disclosures - June 2009 (Compilation)
  • AASB 102 Inventories - June 2009 (Compilation)
  • AASB 107 State of Cash Flows - June 2009 (Compilation)
  • AASB 116 Property, Plant and Equipment - June 2009 (Compilation)
  • AASB 117 Leases - June 2009 (Compilation)
  • AASB 118 Revenue - August 2008 (Compilation).
  • AASB 119 Employee Benefits - June 2009 (Compilation)
  • AASB 128 Investments in Associates - July 2008 (Compilation)
  • AASB 136 Impairment of Assets - June 2009 (Compilation)
  • AASB 137 Provisions, Contingent Liabilities and Contingent Assets - June 2009 (Compilation)
  • AASB 138 Intangible Assets - June 2009 (Compilation)
  • AASB 7 Financial Instruments: Disclosures - June 2009 (Compilation)
  • AASB 101 Presentation of Financial Statements - June 2009 (Compilation)
  • AASB 108 Accounting Policies, Changes in Accounting Estimates and Errors - July 2008 (Compilation)
  • AASB 110 Events after the Reporting Period - June 2009 (Compilation)
  • AASB 120 Accounting for Government Grants and Disclosure of Government Assistance - July 2008 (Compilation)
  • AASB 132 Financial Instruments: Presentation - June 2009 (Compilation)
  • AASB 139 Financial Instruments: Recognition and Measurement - October 2009 (Compilation)
  • AASB 1031 Materiality - December 2007 (Compilation)
Future Australian Accounting Standard Requirements

The following new standards, amendments to standards or interpretations have been issued by the Australian Accounting Standards Board prior to the signing of the statements by the Chief Executive and Chief Financial Officer, 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 7 Financial Instruments: Disclosures - February 2010 (Compilation)
  • AASB 9 Financial Instruments - December 2009 (Principal)
  • AASB 108 Accounting Policies, Changes in Accounting Estimates and Errors - December 2009 (Compilation)
  • AASB 110 Events after the Reporting Period - December 2009 (Compilation)
  • AASB 118 Revenue - May 2009 (Compilation)
  • AASB 119 Employee Benefits - December 2009 (Compilation)
  • AASB 124 Related Party Disclosures - December 2009 (Principal)
  • AASB 132 Financial Instruments: Presentation - October 2009 (Compilation)
  • AASB 137 Provisions, Contingent Liabilities and Contingent Assets - December 2009 (Compilation)
  • AASB 139 Financial Instruments: Recognition and Measurement - December 2009 (Compilation)
  • AASB 2009-11 Amendments to Australian Accounting Standards arising from AASB 9 [AASB 1, 3, 4, 5, 7, 101, 102, 108, 112, 118, 121, 127, 128, 131, 132, 136, 139, 1023 & 1038 and Interpretations 10 & 12] - 07 Dec 2009
  • AASB 2010-2 Amendments to Australian Accounting Standards arising from Reduced Disclosure Requirements - 30 Jun 2010

1.5 Revenue

Revenue from Government

Amounts appropriated for departmental outputs for the year (adjusted for any formal additions and reductions) are recognised as revenue when the Department gains control of the appropriation, except for certain amounts that 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 Department retains no managerial involvement or 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 impairment allowance account. Collectability of debts is reviewed at end of the reporting period. Allowances 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.

 1.6 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.

Resources received free of charge are recorded as either revenue or gain depending on their nature.

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 Government agency or authority as a consequence of a restructuring of administrative arrangements (Refer to Note 1.7).

Sale of assets

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

1.7 Transactions with the Government as Owner

Equity Injections

Amounts appropriated which are designed as ‘equity injections’ 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 recorded at their book value directly against contributed equity.

Other distribution to Owners

Distributions to owners are debited to contributed equity unless in the nature of a dividend.

1.8 Employee benefits

Liabilities for ‘short-term employee benefits’ (as defined in AASB 119 Employee Benefits) 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.

Other long-term employee benefits are measured as the net total of the present value of the defined benefit obligation at the end of the reporting period minus the fair value at the end of the reporting period of plan assets (if any) out of which the obligations are to be settled directly.

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 at the estimated salary rates that will be applied at the time the leave is taken, 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 the work of an actuary as at 30 June 2010. The estimate of the present value of the liability takes into account attrition rates and pay increases through promotion and inflation.

Separation and redundancy

Provision is made for separation and redundancy benefit payments. The Department recognises a provision for termination when it has developed a detailed formal plan for the terminations and has informed those employees affected that it will carry out the terminations.

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).

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 for the final fortnight of the year.

1.9 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 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 an 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 components 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.

1.10 Borrowing costs

All borrowing costs are expensed as incurred.

1.11 Cash

Cash and cash equivalents includes cash on hand, cash held with outsiders, demand deposits in bank accounts with an original maturity of 3 months or less that are readily convertible to known amounts of cash and subject to insignificant risk of changes in value. Cash is recognised at its nominal amount.

1.12 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 upon 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 that are recognised 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 receivable’. 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 the end of each reporting periods.

  • 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 as the asset’s original effective interest rate. The carrying amount is reduced by way of an allowance account. The loss is recognised in the statement of comprehensive income.

1.13 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 through the expected life of the financial liability, or, where appropriate, a shorter period.

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).

1.14 Contingent liabilities and contingent assets

Contingent liabilities and contingent assets 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 a liability or asset or represent an asset or liability in respect of which the amount cannot be reliably measured. Contingent assets are disclosed when settlement is probable but not virtually certain and contingent liabilities are disclosed when settlement is greater than remote. 

1.15 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 income 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 amount at which they were recognised in the transferor agency’s accounts immediately prior to the restructuring.

1.16 Infrastructure, plant and equipment

Asset recognition threshold

Purchases of infrastructure, 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’ recognised.

Revaluations

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

Departmental Revaluations

Asset class:

Fair value measured at:

Land

Market selling price

Buildings

Market selling price

Leasehold improvements

Depreciated replacement cost

Infrastructure, plant & equipment

Market selling price

Heritage and cultural assets

Active liquid market

Administered Revaluations

Asset class:

Fair value measured at:

Land

Market selling price

Buildings

Market selling price

Leasehold improvements

Depreciated replacement cost

Infrastructure, plant & equipment

Market selling price

Heritage and cultural assets

Active liquid market

In the absence of market-based evidence, fair value is estimated using depreciated replacement cost.

Following initial recognition at cost, infrastructure, plant and equipment are carried at fair value less subsequent 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.

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 in the surplus/deficit. Revaluation decrements for a class of assets are recognised directly in the surplus/deficit 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 infrastructure, 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 expenses 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 and future reporting periods, as appropriate.

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

  2010 2009
Building 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
Heritage and cultural (where applicable) up to 200 years up to 200 years

 

Depreciation rates applying to each class of depreciable administered asset are based on the
following useful lives:
  2010 2009
Building 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 2010. 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.

Derecognition

An item of infrastructure, plant and equipment is derecognised upon disposal or when no further economic benefits are expected from its use of disposal.

1.17 Intangibles

The Department’s intangibles comprise internally developed software and purchased software for internal use. These assets are carried at cost less accumulated amortisation and accumulated impairment losses.

Software is amortised on a straight-line basis over its anticipated useful life.

The useful lives of the Department’s intangibles are 3 to 5 years (2008-09: 3 to 5 years).

All software assets were assessed for indications of impairment as at 30 June 2010.

Administered intangibles include internally developed, purchased software and the phosphate mining lease. The useful life of administered intangibles is 3 to 15 years (2008-09: 3 to 15 years).

1.18 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.

1.19 Taxation

The Department is exempt from all forms of taxation except Fringe Benefits Tax (FBT) and the Goods and Services Tax (GST).

Revenue, expenses and assets are recognised net of GST except:

  • Where the amount of GST incurred is not recoverable from the Australian Taxation Office; and
  • For receivables and payables.

1.20 Reporting of administered activities

Administered cash transfer 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 the administered reconciliation table in Note 21.

Revenue

All administered revenues are revenues relating to the course of ordinary activities performed by the Department on behalf of the Australian 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 loans and 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 is recognised through profit and loss.

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 castor 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 at 30 June 2010. Fair value has been taken to be the Australian Government’s proportional interest in the net assets of the entities as at the end of the reporting period.

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 Employee Benefits.

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 2009-10, 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 Table A in Note 25.

Note 2: Events after the reporting period

There are no known events after reporting period which will have a material impact on the Department.

Note 3: Expenses

    2010 2009
  Notes $'000 $'000

3A: Employee benefits

     
Wages and salaries   118,960 115,429
Superannuation:      
Defined benefit plans   14,425 14,228
Defined contribution plans   7,385 6,816
Leave and other entitlements   11,850 14,024
Separation and redundancies 1   1,162 (90)
Other   3,777 4,264
Total employee benefits   157,559 154,671
       
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 amounts shows the accrual reversal only.
       

3B: Suppliers

     
Goods and services      
Consultants and contractors   13,711 14,284
Travel   8,350 10,037
Accommodation expenses   7,401 4,760
Legal and internal audit fees   10,707 8,856
Information technology and communications   8,782 9,151
General office   17,227 20,917
Total goods and services   66,178 68,005
       
Goods and services are made up of:      
Provision of goods - related entities   - 21
Provision of goods - external parties   2,744 4,340
Rendering of services - related entities   14,937 13,871
Rendering of services - external parties   48,497 49,773
Total goods and services   66,178 68,005
       
Other supplier expenses      
Operating lease rentals - external parties:      
Minimum lease payments   19,803 16,807
Workers compensation expenses   835 408
Total other supplier expenses   20,638 17,215
Total supplier expenses   86,816 85,220
       

3C: Depreciation and amortisation

     
Depreciation:      
Buildings and leasehold improvements 7C 6,332 6,896
Infrastructure, plant and equipment   6,646 3,097
Total depreciation   12,978 9,993
       
Amortisation:      
Assets held under finance leases   3,100 4,347
Intangibles: computer software 7E 1,917 1,499
Total amortisation   5,017 5,846
Total depreciation and amortisation 12 17,995 15,839
       

3D: Finance costs

     
Finance leases   449 804
Total finance costs   449 804
       

3E: Write-down and impairment of assets

     
Asset write-downs and impairments from:      
Write down of infrastructure, plant and equipment 12 158 241
Write down of heritage and cultural 12 - 557
Write down of intangibles 12 - 111
Impairment of financial instruments 12 (61) (125)
Total write-down and impairment of assets   97 784
       

3F: Loss from asset transfers

     
Land and buildings      
Increase in value of assets transferred 1   (440) -
Carrying value of assets transferred 1   1,916 -
Total loss from asset transfers 12 1,476 -
       
1 The Department reached an agreement with the Department of Climate Change and Energy Efficiency (DCCEE) to relinquish ownership of the fit out at 2 Constitution Avenue Canberra in exchange for the fit out owned by DCCEE at 10 National Circuit, Barton Canberra at $nil value. The written down value of the fit out relinquished was $1.9m.

During 2009-10, fit out at 10 National Circuit, Barton Canberra was revalued upwards to $440,000 by the Australian Valuation Office.
       

3G: Other expenses

     
Defective administration scheme payments 27 6 -
Unwinding of makegood expense 10B, 12 32 8
Total other expenses   38 8

Note 4: Income

        2010 2009
      Notes $'000 $'000
REVENUE      
           

4A: Sale of goods and rendering of services

     
Provision of goods - external parties   268 636
Rendering of services - related entities   14,374 11,327
Rendering of services - external entities   12,867 9,759
Total sale of goods and rendering of services   27,509 21,722
           

4B: Interest

     
Interest on deposits   14 1
           
Total own source income   27,523 21,723
           
GAINS        
           

4C: Sale of assets

     
Infrastructure, plant and equipment      
Proceeds from sale   11 -
           

4D: Other gains

     
Resources received free of charge   340 347
           
REVENUE FROM GOVERNMENT      
           

4E: Revenue from Government

     
Appropriations:      
Departmental outputs 12 236,312 233,507

 

Note 5: Other comprehensive income

      2010 2009
      $'000 $'000

5A: Changes in asset revaluation reserve

   
Revaluation of infrastructure, plant and equipment - 3,047
Total changes in asset revaluation reserve - 3,047

 

Note 6: Financial assets

    2010 2009
  Notes $'000 $'000

6A: Cash and cash equivalents

     
Cash on hand or on deposit 16A 1,817 1,131
       

6B: Trade and other receivables

     
Goods and services:      
Goods and services - related entities   4,895 3,408
Goods and services - external parties   1,691 1,686
Total receivables for goods and services 16A 6,586 5,094
       
Appropriation receivable:      
For existing outputs   119,309 137,236
For additional outputs   2,717 2,228
Total appropriations receivable   122,026 139,464
       
Other receivables:      
GST receivable from the Australian Taxation Office   272 3,871
Other   27 293
Total other receivables   299 4,164
Total trade and other receivables (gross)   128,911 148,722
       
Receivables are aged as follows:      
Not overdue   127,521 147,824
Overdue by:      
0 to 30 days   1,101 498
31 to 60 days   61 127
61 to 90 days   107 29
More than 90 days   121 244
Total receivables (gross)   128,911 148,722
       
Less impairment allowance account:      
Goods and services   (23) (118)
Total impairment allowance account   (23) (118)
Total trade and other receivables (net)   128,888 148,604
       
Receivables are expected to be recovered in:      
No more than 12 months   128,888 148,604
More than 12 months   - -
Total trade and other receivables (net)   128,888 148,604
       
The impairment allowance is aged as follows:      
Not overdue   - -
Overdue by:      
More than 90 days   (23) (118)
Total impairment allowance account   (23) (118)
       
Reconciliation of the impairment allowance account:      
       
Movements in relation to 2010      
    Goods and services Total
Opening balance   118 118
Total loss from asset transfers   (95) (95)
Closing balance   23 23
       
Movements in relation to 2009      
Opening balance   333 333
Amounts written off   24 24
Amounts recovered and reversed   (239) (239)
Closing balance   118 118

 

Note 7: Non-financial assets

    2010 2009
  Notes $'000 $'000

7A: Land and buildings

     
Freehold land at fair value 7C 865 865
Buildings on freehold land:      
Fair value 7C 335 335
Accumulated depreciation 7C (11) -
Total buildings on freehold land   1,189 1,200
       
Leasehold improvements:      
Fair value   63,673 59,705
Accumulated depreciation   (7,197) (876)
Work in progress (at cost)   961 220
Total leasehold improvements 7C 57,437 59,049
Total land and buildings 7C 58,626 60,249
       
No indicators of impairment were found for land and buildings.

7B: Infrastructure, plant and equipment

     
Heritage and cultural:      
Library (at fair value)   1,815 1,815
Accumulated depreciation   - -
Total heritage and cultural 7C 1,815 1,815
       
Other infrastructure, plant and equipment:      
Fair value   41,913 33,590
Accumulated depreciation   (21,418) (11,426)
Total other infrastructure, plant and equipment 7C 20,495 22,164
Total infrastructure, plant and equipment   22,310 23,979
       
No indicators of impairment were found for infrastructure, plant and equipment.

 

Note 7C: Reconciliation of the opening and closing balances of property, infrastructure, plant and equipment (2009-10)

  Land Buildings Leasehold improvements Total land
and buildings
Heritage
and
cultural
Other
infrastructure, plant & equipment
Total
  $’000 $’000 $’000 $’000 $’000 $’000 $’000
As at 1 July 2009              
Gross book value 865 335 59,925 61,125 1,815 33,590 96,530
Accumulated depreciation - - (876) (876) - (11,426) (12,302)
Net book value 1 July 2009 865 335 59,049 60,249 1,815 22,164 84,228
               
Additions:
By purchase
- - 6,185 6,185 - 8,235 14,420
Assets first found - - 440 440 - - 440
Depreciation expense - (11) (6,321) (6,332) - (9,746) (16,078)
Disposals - - (1,916) (1,916) - (158) (2,074)
Net book value 30 June 2010 865 324 57,437 58,626 1,815 20,495 80,936
               
Net book value as of 30 June 2010 represented by:              
Gross book value 865 335 64,634 65,834 1,815 41,913 109,562
Accumulated depreciation and impairment - (11) (7,197) (7,208) - (21,418) (28,626)
Net book value 30 June 2010 865 324 57,437 58,626 1,815 20,495 80,936
               
As at 1 July 2008              
Gross book value 650 600 38,771 40,021 2,372 28,689 71,082
Accumulated depreciation - (40) (8,831) (8,871) - (11,284) (20,155)
Net book value 1 July 2008 650 560 29,940 31,150 2,372 17,405 50,927
               
Additions:
By purchase
- - 35,270 35,270 - 10,357 45,627
Revaluation and impairments recognised in equity 215 (205) 1,290 1,300 - 1,747 3,047
Reclassification - - - - - 132 132
Reversal of impairments recognised in the operating result - - - - (557) - (557)
Depreciation expense - (20) (6,876) (6,896) - (7,444) (14,340)
Disposals - - (575) (575) - (33) (608)
Net book value 30 June 2009 865 335 59,049 60,249 1,815 22,164 84,228
               
Net book value as of 30 June 2009 represented by:              
Gross book value 865 335 59,925 61,125 1,815 33,590 96,530
Accumulated depreciation and impairment - - (876) (876) - (11,426) (12,302)
Net book value 30 June 2009 865 335 59,049 60,249 1,815 22,164 84,228

 

    2010 2009
  Notes $'000 $'000

7D: Intangibles

     
Computer software:      
Internally developed - in progress   13,325 5,412
Internally developed - in use   13,953 13,351
Purchased   6,996 5,685
Total computer software (gross)   34,274 24,448
Accumulated amortisation   (14,978) (13,061)
Total intangibles 7E 19,296 11,387
       
No indicators of impairment were found for intangibles.

 

Note 7E: Reconciliation of the opening and closing balances of intangibles (2009-10)

  Computer
software
internally
developed
Computer
software
purchased
Total
  $’000 $’000 $’000
As at 1 July 2009      
Gross book value 18,763 5,685 24,448
Accumulated amortisation (7,692) (5,369) (13,061)
Adjustments to gross value 1 (616) - (616)
Net book value 1 July 2009 10,455 316 10,771
       
Additions:
     
By purchase - 1,311 1,311
Internally developed 9,131 - 9,131
Amortisation expense (1,760) (157) (1,917)
Net book value 30 June 2010 17,826 1,470 19,296
       
Net book value as of 30 June 2010 represented by:      
Gross book value 27,278 6,996 34,274
Accumulated amortisation and impairment (9,452) (5,526) (14,978)
Net book value 30 June 2010 17,826 1,470 19,296
       
1 Adjustments to prior year gross value relate to expenses incorrectly treated as asset acquisitions in 2008-09.
       
       
Reconciliation of the opening and closing balances of intangibles (2008-09)
       
As at 1 July 2008      
Gross book value 11,841 5,615 17,456
Accumulated amortisation (6,246) (5,333) (11,579)
Net book value 1 July 2008 5,595 282 5,877
       
Additions:      
By purchase - 133 133
Internally developed 7,119 - 7,119
Reclassification (132) - (132)
Amortisation expense (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 amortisation and impairment (7,692) (5,369) (13,061)
Net book value 30 June 2009 11,071 316 11,387

 

    2010 2009
  Notes $'000 $'000

7F: Inventories

     
Inventories held for distribution   71 78
       
During 2009-10, $11,229 of inventory held for distribution was recognised as an expense (2008-09: $74,670).      
       
All inventory is expected to be consumed in the next 12 months.      
       

7G: Other non-financial assets

     
Prepayments   740 924
       
No indicators of impairment were found for other non-financial assets.      
       
Total other non-financial assets - are expected to be recovered in:      
No more than 12 months   725 924
More than 12 months   15 -
Total other non-financial assets   740 924

Note 8: Payables

    2010 2009
  Notes $'000 $'000

8A: Suppliers

     
Trade creditors and accruals   13,158 16,304
Operating lease rentals   2,485 1,366
Total supplier payables 16A 15,643 17,670
       
Supplier payables expected to be settled within 12 months:      
Related entities   4,518 6,226
External parties   11,125 11,444
Total supplier payables   15,643 17,670
       
Settlement is usually made net 30 days.      
       

8B: Other payables

     
Salaries and wages   2,412 1,786
Superannuation   3,058 4,109
Separations and redundancies   691 -
Other employee payables   1,045 -
       
Prepayments received/unearned income   2,618 1,043
FBT payable   629 351
Unspent amounts - Proceed of Crime Act funding 1   - 11,758
Other payables   3,532 -
Total other payables 16A 13,985 19,047
       
Total other payables are expected to be settled in:      
No more than 12 months   13,985 19,047
More than 12 months   - -
Total other payables   13,985 19,047
       
1 Unspent amounts received from the Confiscated Asset Fund paid to the Department for various law enforcement initiatives as provided for under section 298 of the Proceeds of Crime Act 2002.

Note 9: Interest bearing liabilities

    2010 2009
  Notes $'000 $'000

9A: Leases

     
Finance leases 16A 2,982 6,287
       
Payable:      
Within one year:      
Minimum lease payments   2,353 3,754
Deduct: future finance charges   (185) (449)
       
In one to five years:      
Minimum lease payments   856 3,209
Deduct: future finance charges   (42) (227)
Finance leases recognised on the balance sheet   2,982 6,287
       
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 equipment leased. The lease assets secure the lease liabilities. There are no contingent rentals.
       

9B: Other interest bearing liabilities

     
Lease incentives   1,779 1,949
       
Other interest bearing liabilities are expected to be settled in:      
No more than 12 months   164 170
More than 12 months   1,615 1,779
Total other interest bearing liabilities   1,779 1,949
       
The Department has received incentives in the form of cash and rent free periods on entering into property operating leases.

Note 10: Provisions

    2010 2009
  Notes $'000 $'000

10A: Employee provisions

     
Leave   32,224 32,770
       
Employee provisions are expected to be settled in:      
No more than 12 months   25,679 25,350
More than 12 months   6,545 7,420
Total employee provisions   32,224 32,770
       

10B: Other provisions

     
Provision for restoration obligations   598 566
       
Other provisions are expected to be settled in:      
More than 12 months   598 566
       
       
    for
restoration
Total
    $'000 $'000
Carrying amount 1 July 2009   566 566
Additional provisions made   - -
Unwinding of discount or change in discount rate   32 32
Closing balance 2010   598 598

The Department currently has seven agreements for the leasing of premises some of 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 11: Restructuring

Note 11A: Administered restructuring

Land and buildings

As a result of a restructuring of administrative arrangements on 13 November 2009, the Department transferred land and buildings on Christmas Island to the Department of Immigration and Citizenship (DIAC). The land and buildings were transferred for no consideration.

The net book value of the land and buildings transferred by the Department to DIAC was nil. The nil net book value is due to the transferred land and buildings being encumberred by a 99 year peppercorn lease agreement. Without the 99 year peppercorn lease arrangement in place, the value of the land and buildings was $2.5 million.

Judges Pension Scheme

As a result of a restructuring of administrative arrangements on 1 January 2010, the Department relinquished its responsibility for the following functions:

  • Administration of the Judges' Pension Scheme; and
  • Policy responsibility for the Judges' Pension Scheme.

In respect of functions relinquished, the following liabilities were transferred by the Department:

  2010
Attorney-General's Department $’000
Liabilities relinquished  
Personal benefits (743,500)
Total liabilities relinquished (743,500)
   
Net (liabilities) relinquished (743,500)
Federal Magistrates Death and Invalidity Benefits Scheme

As a result of a restructuring of administrative arrangements on 1 January 2010, the Department relinquished its responsibility for the following functions:

  • Administration of the Federal Magistrates Scheme for death and disability benefits; and
  • Policy responsibility for the Federal Magistrates Scheme for death and disability benefits.

In respect of functions relinquished, the following liabilities were transferred by the Department:

Attorney-General's Department  
Liabilities relinquished  
Personal benefits (1,674)
Total liabilities relinquished (1,674)
   
Net (liabilities) relinquished (1,674)
Personal Insolvency policy and legislation

As a result of the restructure of administrative arrangements, the Department gained responsibility for personal insolvency policy and legistlation. No assets or liabilities were received by the Department in relation to this function.

Note 12: Cash flow reconciliation

  2010 2009
  $'000 $'000
Reconciliation of cash and cash equivalents as per Balance Sheet to Cash Flow Statement    
     
Cash and cash equivalents as per:    
Cash Flow Statement 1,817 1,131
Balance Sheet 1,817 1,131
Difference - -
     
Reconciliation of net cost of services to net cash from operating activities:    
Net cost of services (236,556) (235,256)
Add revenue from Government 236,312 233,507
     
Adjustments for non-cash items    
Depreciation/amortisation 17,995 15,839
Net write-down of non-financial assets (61) (125)
Loss on revaluation of assets - 557
Loss on sale of assets 1,476 -
Loss on disposal of infrastructure, plant and equipment 158 241
Loss on disposal of intangibles - 111
Other asset movements 616 -
Unwinding of makegood 32 8
     
Changes in assets and liabilities    
(Increase)/decrease in net receivables 1,240 (11,964)
(Increase)/decrease in prepayments 184 346
(Increase)/decrease in inventories 7 26
Increase/(decrease) in employee provisions (546) 3,147
Increase/(decrease) in supplier payables (2,038) 1,868
Increase/(decrease) in other payables (5,062) 5,910
Increase/(decrease) in other provisions (170) (594)
Net cash from (used by) operating activities 13,587 13,621

Note 13: Contingent liabilities and assets

Unquantifiable contingent liabilities

The Department is party to a number of civil litigation matters arising out of its statutory duty to administer the laws for which it is responsible. As at the date of this report there are no matters where costs have been awarded against the Department.

Unquantifiable contingent assets

Conversely, the Department, like any other party to civil litigation may be entitled to recover costs arising out of such litigation if it is successful. There are no matters at the date of this report where the Department reasonably expects to have an award of costs in its favour.

Future compensation claims

The “Scheme for Compensation for Defective Administration” (CDDA) allows agencies to provide compensation to persons who have been adversely affected by their maladministration, but who have no legal means to seek redress, such as a legal claim. It is not possible to estimate the value of future CDDA claims. The value of claims paid under this scheme during the financial year is disclosed at Note 27.

Note 14: Senior Executive Remuneration

14A: Actual remuneration paid to Senior Executives

   
   
Executive remuneration    
  2010 2009
The number of senior executives who received:    
less than $145,000* 10 1
$145,000 to $159,999 2 3
$160,000 to $174,999 2 6
$175,000 to $189,999 4 6
$190,000 to $204,999 3 10
$205,000 to $219,999 11 13
$220,000 to $234,999 14 8
$235,000 to $249,999 9 7
$250,000 to $264,999 7 4
$265,000 to $279,999 6 9
$280,000 to $294,999 5 3
$295,000 to $309,999 2 1
$310,000 to $324,999 1 1
$325,000 to $339,999 - 1
$370,000 to $384,999 1 -
$400,000 to $414,999 - 1
$535,000 to $549,999 1 -
Total 78 74**

* Senior executive with acting arrangements or part year service are excluded where remuneration is less than $145,000.

** Due to changed reporting requirements, 5 senior executives that were disclosed in 2008-09 did not meet disclosure requirements for 2009-10 as they were part year service and under the minimum threshold.

For the purpose of this note disclosure remuneration includes:

(a) Salary (including payment for leave taken) benefits;
(b) Movement in annual leave and long service leave provisions;
(c) Superannuation (post-employment benefits);
(d) Motor vehicle and other allowances; and
(e) Reportable fringe benefits.

Total expense recognised in relation to Senior Executive employment    
  $ $
Short-term employee benefits:    
Salary (including annual leave taken) 11,267,059 11,957,002
Changes in annual leave provisions 105,601 93,284
Performance bonus 1 1,638,162 619,871
Other 2 1,387,966 1,008,765
Total short-term employee benefits 14,398,788 13,678,922
Superannuation (post-employment benefits) 2,297,638 2,583,352
Other long-term benefits 296,042 408,765
Total 16,992,468 16,671,039

During the year the Department paid $471,291 in termination benefits to senior executives (2009: $nil). Termination amounts are not included in the above disclosures.

1 Includes performance bonuses paid in 2008-09 and accrued performance bonuses in 2009-10.

2 Includes motor vehicle, other allowances and reportable fringe benefits.

14B: Salary packaging for Senior Executives

Average annualised remuneration packages for substantive Senior Executives
                 
    As at 30 June 2010   As at 30 June 2009
    No. SES Base salary (including annual leave) Total
remuneration package1
  No. SES Base salary (including annual leave) Total
remuneration package1
                 
Total remuneration:                
                 
less than $145,000*   2 41,060 65,564   3 80,586 132,011
$145,000 to $159,999   2 103,443 153,548   1 98,331 159,355
$160,000 to $174,999   3 112,409 168,323   3 113,875 169,402
$175,000 to $189,999   4 127,253 183,595   8 128,521 178,938
$190,000 to $204,999   18 145,385 199,371   21 139,638 193,109
$205,000 to $219,999   22 146,335 212,246   16 140,728 211,995
$220,000 to $234,999   7 151,486 224,940   8 148,181 226,633
$235,000 to $249,999   5 174,539 244,492   7 169,402 245,775
$250,000 to $264,999   8 181,330 259,226   6 170,087 257,630
$265,000 to $279,999   2 183,243 268,584   5 179,480 273,273
$280,000 to $294,999   - - -   1 213,512 292,264
$295,000 to $309,999   2 223,120 302,688   - - -
$310,000 to $324,999   1 223,120 313,460   1 213,512 324,087
$325,000 to $339,999   - - -   1 259,002 329,970
$355,000 to $369,999   1 270,657 355,468   - - -
$415,000 to $444,999   - - -   - - -
$445,000 to $459,999           1 365,670 450,668
$460,000 to $474,999   1 376,640 465,873   - - -
  Total 78       82    

1 The total remuneration package includes:
(a) Agreed base salary (including annual leave);
(b) Motor vehicle allowances;
(c) Superannuation (post-employment benefits); and
(d) Other allowances.

Long service leave is excluded as entitlement to this is not certain until 10 years of service is reached.

Performance bonuses are assessed on an individual basis and are not included in the total remuneration package.

Table 14B includes substantive senior executives’ remuneration packages as at 30 June. As at 30 June 2010 this included 5 senior executives on extended leave (2009: 4).

Major differences between Note 14A and 14B
Note 14A discloses senior executive remuneration based upon:
(a) Actual salary paid during the year (including payment for leave taken);
(b) Movement in annual leave and long service leave provisions;
(c) Superannuation (post-employment benefits);
(d) Motor vehicle and other allowances; and
(e) Reportable fringe benefits.

These amounts may differ to the remuneration package disclosed in Note 14B depending upon: the amount of leave taken during the year; part-year service; periods of leave without pay; acting arrangements; changes to base salary, salary for superannuation purposes and allowances during the year; and revaluations of employee provisions.

Note 14A includes acting arrangements and part year service where the $145,000 threshold was reached during the year. Note 14B reflects only substantive senior executive packages in existence as at 30 June.

Note 15: Remuneration of auditors

  2010 2009
  $ $
Financial statement audit services are provided free of charge to the Department.    
     
The fair value of services provided was: 340,000 347,000

No other services were provided by the Auditor-General.

Note 16: Financial Instruments

  2010 2009
  $'000 $'000

16A: Categories of Financial Instruments

   
Financial Assets    
Loans and receivables:    
Cash and cash equivalents 1,817 1,131
Goods and services receivable 6,586 5,094
Carrying amount of financial assets 8,403 6,225
     
Financial Liabilities    
At amortised cost:    
Trade creditors 15,643 17,670
Unspent Proceeds of Crime Act funding - 11,758
Finance leases 2,982 6,287
Carrying amount of financial liabilities 18,625 35,715
     

16B: Net Income and Expense from Financial Assets

   
Loans and receivables    
Impairment allowance 61 125
Net gain/(loss) loans and receivables 61 125
     

16C: Net Income and Expense from Financial Liabilities

   
Financial liabilities - at amortised cost    
Interest expense (449) (804)
Net gain/(loss) financial liabilities - at amortised cost (449) (804)

16D: Fair value of financial assets and liabilities

The Department considers that the carrying amounts of financial instruments reported in the balance sheet are a reasonable approximation of fair value.

16E: Credit risk

The Department is exposed to minimal credit risk as loans and receivables are cash 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 trade receivables of $6,586,525 in 2010 (2009: $5,094,216). The Department has assessed the risk of default on payment and has allocated $23,227 in 2010 (2009: $117,522) 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 in debt recovery techniques that are to be applied.

The following table illustrates the Department's gross exposure to credit risk, excluding any collateral or credit enhancements.

  2010 2009
  $'000 $'000
Loans and receivables    
Cash and cash equivalents 1,817 1,131
Trade receivables 6,586 5,094
Total 8,403 6,225

The Department holds no collateral to mitigate against credit risk.

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

  Not Past
Due Nor
Impaired
2010
Not Past
Due Nor
Impaired
2009
Past due
or
impaired
2010
Past due
or
impaired
2009
  $'000 $'000 $'000 $'000
Loans and receivables        
Cash and cash equivalents 1,817 1,131 - -
Trade receivables 5,196 4,196 1,390 898
Total 7,013 5,327 1,390 898

Ageing of financial assets that were past due but not impaired for 2010:

  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 1,101 61 107 98 1,367
Total 1,101 61 107 98 1,367

Ageing of financial assets that were 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

16F: Liquidity risk

The Department's financial liabilities are trade creditors and finance leases. 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 (eg Advance to the Finance Minister) to ensure it has adequate funds to meet payments as they fall due. In addition, the Department has policies in place to ensure timely payments are made when due and has no past experience of default.

Maturities for non-derivative financial liabilities 2010

  On
demand
2010
$'000
within
1 year
2010
$'000
1 to 5
years
2010
$'000
>5
years
2010
$'000
Total
2010
$'000
Liabilities at cost          
Finance leases - 2,168 814 - 2,982
Trade creditors - 15,643 - - 15,643
Total - 17,811 814 - 18,625

Maturities for non-derivative financial liabilities 2009

  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
Trade creditors - 17,670 - - 17,670
Other payables - 11,758 - - 11,758
Total - 32,733 2,982 - 35,715

16G: 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. All bear interest at a fixed interest rate and will not fluctuate due to changes in the market interest rate.

 

Note 17: Income administered on behalf of Government

    2010 2009
  Notes $'000 $'000
REVENUE      
       
Taxation revenue      

17A: Indirect tax

     
Payroll tax   - 881
Other   2,813 174
Total indirect tax   2,813 1,055
       

17B: Other taxes

     
Levies - Christmas Island conservation   924 1,316
       
Non-taxation revenue      
       

17C: Sale of goods and rendering of services

     
Sale of goods - external parties   404 409
Rendering of services - related entities   1,785 1,605
Rendering of services - external parties   19,352 14,795
Total sale of goods and rendering services   21,541 16,809
       

17D: Fees and fines

     
Fees - IOT vehicle registration, licences and programmes   1,510 688
Fines - IOT   - 6
Total fees and fines   1,510 694
       

17E: Interest

     
Loans - State and Territory Governments   6,172 8,333
Other loans   265 528
Total interest   6,437 8,861
       

17F: Dividends

     
Australian Government entities - Australian Government Solicitor   1,094 2,473
       

17G: Rental income

     
Rent - IOT domestic and commercial properties   2,899 3,230
       

17H: Royalties

     
Mining royalties - Christmas Island phosphate mine lease   1,545 3,171
       

17I: Competitive neutrality

     
Australian Government entities - Australian Government Solicitor   4,990 5,160
       

17J: Other revenue

     
Refund of grant monies paid   - 1,416
Other   666 5
Total other revenue   666 1,421
       
GAINS      
       

17K: Other gains

     
Sale of infrastructure, plant and equipment   39 245
Assets first found   77,010 3,514
Total other gains   77,049 3,759

Note 18: Expenses administered on behalf of Government

    2010 2009
  Notes $'000 $'000
EXPENSES      
       

18A: Employee benefits

     
Wages and salaries   7,342 5,807
Leave and other entitlements   901 726
Superannuation:      
Defined benefit plans   7 37
Defined contribution plans   1,114 815
Separation and redundancies   - -
Other employee benefits   1,447 1,255
Total employee benefits   10,811 8,640
       

18B: Suppliers

     
Goods and services      
Consultants and contractors   13,893 14,062
Administration of Territories   37,648 32,919
Training and equipment purchases   14,256 14,432
Travel   1,141 1,459
Information technology and communications   2,001 1,628
General office   22,572 29,442
Total goods and services   91,511 93,942
       
Goods and services are made up of:      
Provision of goods - related entities   210 196
Provision of goods - external parties   12,768 12,092
Rendering of services - related entities   2,045 2,564
Rendering of services - external parties   76,488 79,090
Total goods and services   91,511 93,942
       
Other supplier expenses      
Minimum lease payments   889 310
Workers compensation expenses   1 -
Total other supplier expenses   890 310
Total supplier expenses   92,401 94,252
       

18C: Subsidies

     
Payable to external parties:      
Law Courts Limited   34,242 39,954
Services to Indian Ocean Territories   4,282 1,389
Total subsidies   38,524 41,343
       

18D: Personal benefits 1

     
Direct:      
Judges' Pensions Act 1968      
Current service cost   8,630 16,900
Interest on obligation   19,000 37,300
Other   21 -
High Court Justices (Long Leave Payments) Act 1979   - 827
Indirect:      
Federal Magistrates Act 1999      
Current service cost   409 893
Interest on obligation   6 29
Total personal benefits   28,066 55,949
       
1 Personal benefits were transferred to the Department of Finance and Deregulation during 2009-10, refer to Note 11 Restructuring.
       

18E: Grants

     
Public sector:      
Australian Government entities (related entities)   162,518 151,457
State and Territory Governments   23,004 81,205
Local Governments   3,471 16,655
Private sector:      
Non-profit organisations   137,672 231,452
Other   14,007 2,257
Overseas   8,503 3,315
Other   46,730 124,494
Total grants   395,905 610,835
       

18F: Depreciation and amortisation

     
Depreciation:      
Buildings   2,691 2,518
Infrastructure, plant and equipment   14,189 14,243
Heritage and cultural assets   563 561
Total depreciation   17,443 17,322
       
Amortisation:      
Intangibles: Phosphate mine lease   151 151
Intangibles: Software   295 24
Total amortisation   446 175
Total depreciation and amortisation   17,889 17,497
       

18G: Write-Down and impairment of assets

     
Asset write-downs and impairments from:      
Impairment on financial instruments   182 82
Impairment of infrastructure, plant and equipment   2,135 920
Impairment of heritage and cultural   - 305
Total write-down and impairment of assets   2,317 1,307
       

18H: Losses from asset sales

     
Infrastructure, plant and equipment:      
Proceeds from sale   (137) (74)
Carrying value of assets sold   331 141
Total loss from asset sales   194 67
       

18I: Payments to CAC bodies

     
Australian Institute of Criminology   7,254 7,166
Australian Law Reform Commission   3,388 3,360
Criminology Research Council   337 330
Total payments to CAC bodies   10,979 10,856
       

18J: Other expenses

     
Resources provided free of charge   - 6,327

Note 19: Assets administered on behalf of Government

    2010 2009
  Notes $'000 $'000
FINANCIAL ASSETS      
       

19A: Cash and cash equivalents

     
Cash on hand or on deposit   41 619
       

19B: Receivables

     
Goods and services:      
Goods and services receivable - related entities   85 441
Goods and services receivable - external parties   7,106 4,412
Total receivables for goods and services   7,191 4,853
       
Advances and loans:      
State and Territory Governments   113,784 118,437
Other   9,914 9,656
Total advances and loans   123,698 128,093
       
Other receivables:      
Dividends   - 1,473
Unspent amounts - Proceeds of Crime Act 2002 funding 1   - 11,758
Other   4,222 661
GST receivable from Australian Taxation Office   3,404 3,532
Total other receivables   7,626 17,424
Total receivables (gross)   138,515 150,370
1 Unspent amounts received from the Confiscated Asset Fund paid to the Department provided for various law enforcement initiatives as provided for under section 298 of the Proceeds of Crime Act 2002.      
       
Less: impairment allowance account:      
Goods and services   (166) (208)
Total trade and other receivables (net)   138,349 150,162
       
Receivables are expected to be recovered in:      
No more than 12 months   138,349 150,162
More than 12 months   - -
Total trade and other receivables (net)   138,349 150,162
       
Receivables were aged as follows:      
Not overdue   136,648 147,383
Overdue by:      
0 to 30 days   594 231
31 to 60 days   869 90
61 to 90 days   7 21
More than 90 days   397 2,645
Total receivables (gross)   138,515 150,370
       
The impairment allowance account is aged as follows:      
Not overdue   - -
Overdue by:      
0 to 30 days   - -
31 to 60 days   - -
61 to 90 days   - -
More than 90 days   (166) (208)
Total impairment allowance account   (166) (208)
       
Credit terms were within 30 days (2009: 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.
       
Reconciliation of the Impairment Allowance Account:      
Movements in relation to 2010      
    Goods and services Total
Opening balance   208 208
Amounts written off   - -
Amounts recovered and reversed   (208) (208)
(Increase)/decrease recognised in net surplus   166 166
Closing balance   166 166
       
Movements in relation to 2009      
Opening balance   140 140
Amounts written off   - -
Amounts recovered and reversed   (140) (140)
(Increase)/decrease recognised in net surplus   208 208
Closing balance   208 208
       

19C: Investments

     
Investments in controlled entities:      
Australian Institute of Criminology   1,763 1,831
Australian Government Solicitor   44,731 36,363
Australian Law Reform Commission   1,340 1,173
Criminology Research Council   743 628
High Court of Australia   215,211 190,815
Investments in jointly controlled entities:      
Law Courts Limited   131,475 118,596
Total investments   395,263 349,406
       
Investments in equity accounted investments are expected to be recovered in:      
No more than 12 months   - -
More than 12 months   395,263 349,406
Total equity accounted investments   395,263 349,406
       
Details of investments accounted for using the equity method      
       
    Ownership
    2010 2009
Name of entity   % %
Jointly controlled entities:      
Law Courts Limited 1   56.5 52.2
Controlled entities:      
Australian Institute of Criminology   100 100
Australian Government Solicitor   100 100
Australian Law Reform Commission   100 100
Criminology Research Council   100 100
High Court of Australia   100 100
       
1 The fair value for the investment in Law Courts Limited is $131,475,832 (2009: $118,597,028).      
       
This note should be read in conjunction with Note 23.      
       
NON-FINANCIAL ASSETS      
       

19D: Land and buildings

     
Freehold land at fair value   82,241 47,541
Buildings on freehold land:      
Fair value   146,248 67,203
Accumulated depreciation   (67) (4,698)
Total buildings on freehold land   146,181 62,505
Total land and buildings 19F 228,422 110,046
       
No impairment indicators were found for land and buildings.      
       

19E: Infrastructure, plant and equipment

     
Heritage and cultural:      
Nolan artworks - at fair value   66,550 53,002
Accumulated depreciation   (2) (800)
Total heritage and cultural 19F 66,548 52,202
       
Other infrastructure, plant and equipment:      
Fair value   370,745 166,965
Accumulated depreciation   (3,256) (19,987)
Total other infrastructure, plant and equipment 19F 367,489 146,978
Total infrastructure, plant and equipment   434,037 199,180

All revaluations were conducted in accordance with the revaluation policy stated at Note 1. On 30 June 2010, an independent valuer (Australian Valuation Office) conducted the revaluations.

A revaluation increment of $18,626,958 for land (2009: nil) and increment of $74,763,865 for buildings on freehold land (2009: nil) and increment of $162,606,494 (2009: increment of $635,000) for plant and equipment were credited to the asset revaluation reserve by asset class and included in the equity section of the balance sheet.

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

Note 19F: Reconciliation of the opening and closing balances of property, infrastructure, plant and equipment (2009-10)

 

  Land Buildings Total land
and buildings
Heritage
and
cultural
Other
infrastructure,
plant &
equipment*
Total
  $’000 $’000 $’000 $’000 $’000 $’000
As at 1 July 2009            
Gross book value 47,541 67,203 114,744 53,002 166,965 334,711
Accumulated depreciation - (4,698) (4,698) (800) (19,987) (25,485)
Net book value 1 July 2009 47,541 62,505 110,046 52,202 146,978 309,226
             
Additions:            
By purchase - 110 110 - 46,026 46,136
Assets first found 16,742 11,576 28,318 2,119 48,470 78,907
Revaluation and impairments recognised through asset revaluation reserves 18,627 74,764 93,391 12,790 141,627 247,808
Depreciation expense - (2,691) (2,691) (563) (14,189) (17,443)
Disposals (669) (83) (752) - (1,423) (2,175)
Net book value 30 June 2010 82,241 146,181 228,422 66,548 367,489 662,459
             
Net book value as of 30 June 2010 represented by:            
Gross book value 82,241 146,248 228,489 66,550 370,745 665,785
Accumulated depreciation and impairment - (67) (67) (2) (3,256) (3,325)
Net book value 30 June 2010 82,241 146,181 228,422 66,548 367,489 662,460

*In 2009-10, prior year errors were identified for an overstatement of $0.4m. As the amount is immaterial, comparatives have not been restated and the errors have been fixed in the current year.

 

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

 

    2010 2009
  Notes $'000 $'000

19G: Intangibles

     
Computer software:      
Internally developed - in use   373 35
Purchased   1,245 112
Total computer software (gross)   1,618 147
Accumulated amortisation   (319) (24)
Total computer software (net)   1,299 123
       
Other intangibles:      
Phosphate mine lease - at cost   3,000 1,685
Total other intangibles (gross)   3,000 1,685
Accumulated amortisation   - (218)
Total other intangibles (net)   3,000 1,467
Total intangibles 19H 4,299 1,590

No indicators of impairment were found for intangible assets.

 

Note 19H Reconciliation of the opening and closing balances of intangibles (2009-10)

  Computer
software
internally
developed
Computer
software
purchased
Phosphate
mine lease
Total
  $’000 $’000 $’000 $’000
As at 1 July 2009        
Gross book value 35 112 1,685 1,832
Accumulated amortisation (1) (23) (218) (242)
Net book value 1 July 2009 34 89 1,467 1,590
         
Additions:
By purchase
- 1,133 - 1,133
Internally developed 338 - - 338
Revaluation and impairments recognised through asset revaluation reserves - - 1,684 1,684
Amortisation expense (11) (284) (151) (446)
Net book value 30 June 2010 361 938 3,000 4,299
         
Net book value as of 30 June 2010 represented by:        
Gross book value 373 1,245 3,000 4,618
Accumulated amortisation and impairment (12) (307) - (319)
Net book value 30 June 2010 361 938 3,000 4,299

 

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

 

    2010 2009
  Notes $'000 $'000

19I: Inventories

     
Inventories held for distribution   2,008 2,124
       
During 2009-10, $116,000 of inventory held for distribution was recognised as an expense (2008-09: nil).      
       

19J: Other non-financial assets

     
Prepayments   6 55
       
No indicators of impairment were found for other non-financial assets.      
       
Total other non-financial assets - are expected to be recovered in:      
No more than 12 months   6 55
Total other non-financial assets   6 55

Note 20: Liabilities administered on behalf of Government

    2010 2009
  Notes $'000 $'000
       
PAYABLES      
       

20A: Suppliers

     
Trade creditors and accruals   8,322 19,241
       
Supplier payables expected to be settled within 12 months:      
Related entities   393 1,322
External parties   7,929 17,919
Total suppliers   8,322 19,241
       
Supplier payables are current liabilities. Settlement is usually net 30 days.      
       

20B: Personal benefits1

     
Direct   - 680,500
Total personal benefits   - 680,500
       
1 Responsibility for managing personal benefits was transferred to the Department of Finance and Deregulation during 2009-10, (Note 11 refers).
       

20C: Grants and subsidies

     
Public sector:      
Australian Government entities (related entities)   1,861 864
State and Territory Governments   7,166 5,317
Local Governments   1,370 1,644
Private sector:      
Non-profit organisations   5,712 1,590
Other   2,922 2,984
Total grants and subsidies   19,031 12,399
       
Total grants and subsidies - are expected to be settled in:      
No more than 12 months   19,031 12,399
More than 12 months   - -
Total grants and subsidies   19,031 12,399
       
Settlement is usually made according to the terms and conditions of each grant. This is usually within 30 days of performance or eligibility.
       

20D: Other payables

     
Prepayments received/unearned income   1,227 748
Salaries and wages   121 82
Superannuation   22 15
Other   385 1
Total other payables   1,755 846
       
Total other payables are expected to be settled in:      
No more than 12 months   1,755 846
More than 12 months   - -
Total other payables   1,755 846
       
Total loss from asset transfers      
       

20E: Employee provisions

     
Leave   1,868 1,582
       
Employee provisions are expected to be settled in:      
No more than 12 months   1,782 1,397
More than 12 months   86 185
Total employee provisions   1,868 1,582
       

20F: Asbestos removal provision

     
Asbestos removal provision   8,321 10,230
       

20G: Phosphate mine rehabilitation provision

     
Phosphate mine rehabilitation provision   2,984 2,784
  Provision for
Asbestos
Removal
Provision for
Phosphate Mine
Rehabilitation
Total
  $'000 $'000 $'000
Carrying amount 1 July 2009 10,230 2,784 13,014
Additional provisions made - 200 200
Amounts used (1,909) - (1,909)
Closing Balance 2010 8,321 2,984 11,305

Note 21: Administered reconciliation table

    2010 2009
  Notes $'000 $'000
Opening administered assets less administered liabilities as at 1 July   85,600 202,962
Plus: Administered income   121,468 47,949
Less: Administered expenses (non CAC)   (586,016) (836,217)
Payments to CAC Act bodies   (10,979) (10,856)
Administered transfers to/from Australian Government:      
Appropriation transfers from OPA:      
Annual appropriations for administered expenses (non CAC) 25 599,902 791,598
Annual appropriations capital items 25 29,110 12,787
Annual appropriations for payment to CAC Act bodies 25 10,979 10,856
Annual appropriation for GST   20,193 21,950
Special appropriations (unlimited) (non CAC)   7,022 4,170
Transfers to OPA   (69,931) (86,045)
GST refund to OPA   (16,245) (22,476)
Special appropriations (unlimited) (non CAC)   (20,724) 33,229
Restructuring - transfer of function to Department of Finance 11 745,174 -
Administered revaluation taken to/from reserves   295,350 (951)
Actuarial gain - Judges' Pension Scheme taken to equity   (49,500) (84,278)
Actuarial gain - Federal Magistrates Scheme taken to equity   (1,259) 922
Closing administered assets less administered liabilities as at 30 June   1,160,144 85,600

Note 22: Administered contingent assets and liabilities

Unquantifiable contingent liabilities

The Department is party to a number of civil litigation matters arising out of its statutory duty to administer the laws for which it is responsible. As at the date of this report there are no matters where costs have been awarded against the Department.

Unquantifiable contingent assets

Conversely, the Department, like any other party to civil litigation may be entitled to recover costs arising out of such litigation if it is successful. There are no matters at the date of this report where the Department reasonably expects to have an award of costs in its favour.

Future compensation claims

The Scheme for Compensation for Detriment caused by Defective Administration (the CDDA Scheme) allows agencies to provide compensation to persons who have been adversely affected by their maladministration, but who have no legal means to seek redress, such as a legal claim. It is not possible to estimate the value of future claims under the CDDA Scheme. The value of claims paid under this scheme during the financial year is disclosed at note 27.

Note 23: 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 1966
*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 is 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 2010.

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 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 Governments
*The Australian Government Solicitor is a Commonwealth Authority providing national legal services to the Government and its agencies in a contestable environment.

Note 24: Administered financial instruments

    2010 2009
  Notes $'000 $'000

24A: Categories of financial instruments

     
Financial assets      
Loans and receivables:      
Cash and cash equivalents 19A 41 619
Trade receivables 19B 7,191 4,853
Loans 19B 123,698 128,093
Other receivables 19B 4,222 11,758
Available for sale:      
Investments 19C 395,263 349,406
Carrying amount of financial assets   530,415 494,729
       
Financial liabilities      
At amortised cost      
Trade creditors 20A 8,322 19,241
Grants and subsidies payable 20C 19,031 12,399
Carrying amount of financial liabilities   27,353 31,640
       

24B: Net income and expense from financial assets

     
Loans and receivables      
Interest revenue 17E 6,437 8,861
Impairment 18G (182) (82)
Net gain/(loss) loans and receivables   6,255 8,779
       
Available for sale      
Dividend revenue 17F 1,094 2,473
Net gain/(loss) available for sale   1,094 2,473
       
Net gain from financial assets   7,349 11,252

24C: Fair value of financial assets

The Department considers that the carrying amounts of financial instruments reported in the balance sheet are a reasonable approximation of fair value.

24D: 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 $135,110,730 (2009: $144,704,409). The Department has assessed the risk of default on payment and has allocated $166,344 (2009: $208,197) 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.

  Notes 2010
$'000
2009
$'000
Loans and receivables      
Cash and cash equivalents 19A 41 619
Trade receivables 19B 7,191 4,853
Loans 19B 123,698 128,093
Other receivables 19B 4,222 11,758
Available for sale      
Investments 19C 395,263 349,406
Total   530,415 494,729

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

  Not Past
Due Nor
Impaired
2010
$'000
Not Past
Due Nor
Impaired
2009
$'000
Past due
or
impaired
2010
$'000
Past due
or
impaired
2009
$'000
Loans and receivables        
Cash and cash equivalents 41 619 - -
Trade receivables 5,490 2,074 1,701 2,779
Loans 123,698 128,093 - -
Other receivables 4,222 11,758 - -
Available for sale        
Investments 395,263 349,406 - -
Total 528,714 491,950 1,701 2,779

Ageing of financial assets that are past due but not impaired for 2010

  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 594 869 7 65 1,535
Total 594 869 7 65 1,535

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 2,229 2,571
Total 231 90 21 2,229 2,571

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

24E: Liquidity risk

The Department's financial liabilities are trade creditors, grants and subsidies payable. 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 (eg Advance to the Finance Minister) and internal policies and procedures put in place to ensure there are appropriate resources to meet its financial obligations.

The Department receives appropriations and manages its funds to ensure it is able to meet its financial obligations as they fall due. The Department also has policies in place to ensure timely payment of invoices and has no past history of default.

Maturities for non-derivative financial liabilities 2010

  Notes On demand
2010
$'000
within
1 year
2010
$'000
1 to 5
years
2010
$'000
>5
years
2010
$'000
Total
2010
$'000
Liabilities at amortised cost            
Trade creditors 20A - 8,322 - - 8,322
Grants and subsidies payable 20C - 19,031 - - 19,031
Total   - 27,353 - - 27,353

Maturities for non-derivative financial liabilities 2009

  Notes 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 20A - 19,241 - - 19,241
Grants and subsidies payable 20C - 12,399 - - 12,399
Total   - 31,640 - - 31,640

24F: Market risk

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

Interest rate risk

The only interest-bearing items on the schedule of assets administered on behalf of Government are loans made to State and
Territory Governments. All those bearing interest are at a fixed interest rate that does 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 25: Appropriations

Table A1: Acquittal of Authority to Draw Cash from the Consolidated Revenue Fund for Ordinary Annual Services Appropriations

Particulars Administered expenses Departmental
outputs2
Total
Outcome 1 Outcome 2 Outcome 3 Payments to CAC Act bodies
2010 2009 2010 2009 2010 2009 2010 2009 2010 2009 2010 2009
$'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000
Balance brought forward from previous period (Appropriation Acts) 19,945 18,865 41,860 58,275 88,806 89,981 - - 113,017 99,688 263,628 266,809
Appropriation Act:                        
Appropriation Act (No.1, 3 & 5) 2009-2010 as passed 391,212 389,514 105,708 75,500 124,599 126,653 10,979 10,856 236,736 232,213 869,234 834,736
Appropriations reduced (Appropriation Act sections 10, 11 & 12) (15,106) (12,886) (17,035) (36,408) (3,256) (15,689) - - (1,537) 454 (36,934) (64,529)
Reductions in previous Acts under subsection 14(1) of (Appropriation Act (No.3) 2009-2010) (3,130) - (3,938) - (19,969) - - - (12,145) - (39,182) -
Advance to the Finance Minister (Appropriation Act section 13) - - - - - - - - - - - -
Indigenous Employment Special Account receipts (Appropriation Act section 14) - - - - - -         - -
Flexible Funding pool receipts (Appropriation Act section 15) 3,952 3,209 - - - -         3,952 3,209
FMA Act:                        
Repayments to the Commonwealth (FMA Act section 30) 1,424 1,514 1,315 2,648 260 1,069 - - - - 2,999 5,231
*Appropriation to take account recoverable GST (FMA Act section 30A) 13,892 10,812 5,782 1,521 1,177 2,960 - - 12,335 13,375 33,186 28,668
Relevant agency receipts (FMA Act s 31) -   -           28,256 35,197 28,256 35,197
Transfer of agency function (FMA Act s32) - - - -   - - - 381 - 381 -
Total appropriation available for payments 412,189 411,028 133,692 101,536 191,617 204,974 10,979 10,856 377,043 380,927 1,125,520 1,109,321
Cash payments made during the year (GST inclusive) 392,487 391,083 73,819 59,676 122,090 116,168 10,979 10,856 279,046 267,910 878,421 845,693
Appropriations credited to special accounts (GST exclusive) - - - - - - - - - - - -
Balance of authority to draw cash from the Consolidated Revenue Fund for ordinary annual services appropriations and as represented by: 19,702 19,945 59,873 41,860 69,527 88,806 - - 97,997 113,017 247,099 263,628
                      -  
Cash at bank and on hand 41 619 - - - - - - 1,817 1,131 1,858 1,750
*Departmental appropriation receivable                 94,628 107,082 94,628 107,082
*Undrawn, unlapsed administered appropriations 19,503 19,326 59,026 41,860 69,466 88,806 - - - - 147,995 149,992
*Net GST payable (to)/from ATO 158 - 847 - 61 - - - 747 3,871 1,813 3,871
*Adjustments under s101.13 of the Finance Minister's Orders not reflected above - - - - - - - - 805 933 805 933
Total as 30 June 19,702 19,945 59,873 41,860 69,527 88,806 - - 97,997 113,017 247,099 263,628

1 The amounts in this line item are calculated on an accrual basis to the extent that an expense may have been incurred that includes GST but has not paid by year end.

2 The 2008-09 cash payments made and appropriation receivable figures have been restated.

Table A2: Acquittal of Authority to Draw Cash from the Consolidated Revenue Fund for Ordinary Annual Services Appropriations (Reduction in Administered Items)

Particulars Administered expenses Total
Outcome 1 Outcome 2 Outcome 3
2010 2009 2010 2009 2010 2009 2010 2009
Reduction in administered items                
Total administered items appropriated 2009-2010 395,164,080.00 393,533,827.00 105,708,000.00 75,500,000.00 124,599,000.00 126,653,000.00 625,471,080.00 595,686,827.00
Less administered items required by the agency as per Appropriation Act s11 1                
Appropriation Act (No. 1) 2009-2010 375,989,651.21 370,637,445.00 63,705,185.74 55,243,055.00 117,579,000.00 111,716,000.00 557,273,836.95 537,596,500.00
Appropriation Act (No. 3) 2009-2010 0.00 3,706,787.00 0.00 3,221,804.10 893,508.81 11,681,445.00 893,508.81 18,610,036.10
Appropriation Act (No. 5) 2009-2010 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total administered items required by the agency as represented by:                
i. Spent 371,774,158.11 370,586,890.09 57,839,175.98 55,395,526.55 106,968,452.04 92,061,641.03 536,581,786.13 518,044,057.67
ii. Retained 4,215,493.10 3,757,341.91 5,866,009.76 3,069,332.50 11,504,056.77 31,335,803.97 21,585,559.63 38,162,478.38
Total reduction in administered items - effective 2010-11 19,174,428.79 19,189,595.00 42,002,814.26 17,035,140.90 6,126,491.19 3,255,555.00 67,303,734.24 39,480,290.90

1 Administered items for 2009-10 were reduced to these amounts when these financial statements were tabled in the Parliament as part of the Department's 2009-10 annual report. This reduction is effective in 2010-11 and the amounts in the Total Reduction row will be reflected in Table A1 in the 2010-11 financial statements in the row 'Appropriations reduced (Appropriation Acts sections 10, 11 & 12)'.

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.

Table B1: 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 2 Outcome 3
SPPs SPPs SPPs Payments to CAC
Act bodies
Equity Previous years'
outputs
Admin assets and
liabilities 2
2010
$'000
2009
$'000
2010
$'000
2009
$'000
2010
$'000
2009
$'000
2010
$'000
2009
$'000
2010
$'000
2009
$'000
2010
$'000
2009
$'000
2010
$'000
2009
$'000
2010
$'000
2009
$'000
Balance carried forward from previous period (Appropriation Acts) 41,937 37 - - 68,269 88,324 - - 27,101 50,024 2,105 2,105 151,462 143,249 290,874 283,739
Appropriation Act:                                
Appropriation Act (No. 2, 4 & 6) 2009-2010 as passed - 160,303 7,400 - - 165,848 - - 8,374 18,283 2,717   24,990 21,000 43,481 365,434
Appropriations reduced (Appropriation Act sections 12, 13 & 14) (37,763) (37) - - (63,663) (88,682) - - - - - - - - (101,426) (88,719)
Advance to the Finance Minister (Appropriation Act section 15) - - - - - - - - - - - - - - - -
FMA Act:                                
Repayments to the Commonwealth (FMA Act section 30) - - - - - - - - - - - - - - - -
*Appropriation to take account recoverable GST (FMA Act section 30A)1 - 3,451 - - - 2,834 - - - - - - - 373 - 6,658
Transfer of agency function (FMA Act s32) - - - -   -   - - - - -   - - -
Total appropriations available for payments 4,174 163,754 7,400 - 4,606 168,324 - - 35,475 68,307 4,822 2,105 176,452 164,622 232,929 567,112
Cash payments made during the year (GST inclusive) - 121,817 - - - 100,055 - - 13,704 41,206 - - 33,207 13,160 46,911 276,238
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: 4,174 41,937 7,400 - 4,606 68,269 - - 21,771 27,101 4,822 2,105 143,245 151,462 186,018 290,874
                                 
Cash at bank and on hand - - - - - - - -   -   - - - - -
*Departmental appropriation receivable                 21,771 27,101 4,822 4,333     26,593 31,434
*Undrawn, unlapsed administered appropriations 4,174 41,937 7,400 - 4,606 68,269 - - - - - - 143,245 151,462 159,425 261,668
*Net GST payable (to)/from ATO - - - -   -     - - - - - - - -
*Adjustments under s101.13 of the Finance Minister's Orders not reflected above - - - - - - - - - - - (2,228) - - - (2,228)
Total as 30 June 4,174 41,937 7,400 - 4,606 68,269 - - 21,771 27,101 4,822 2,105 143,245 151,462 186,018 290,874

1 The amounts in this line item are calculated on an accrual basis to the extent that an expense may have been incurred that includes GST but has not paid by year end.

2 The 2008-09 balance carried forward from previous year has been restated.

Table B2: Acquittal of Authority to Draw Cash from the Consolidated Revenue Fund for Other than Ordinary Annual Services Appropriations (Reduction in Administered Items)

Particulars Operating Total
Outcome 1 Outcome 2 Outcome 3
SPPs SPPs SPPs
2010
2009
2010
2009
2010
2009
2010
2009
Reduction in administered items1                
Total administered items appropriated 2009-2010 0.00 160,303,000.00 7,400,000.00 0.00 0.00 165,848,000.00 7,400,000.00 326,151,000.00
Less administered items required by the agency as per Appropriation Act s112                
Appropriation Act (No. 2) 2009-2010 0.00 122,393,163.00 4,745,000.00 0.00 0.00 99,251,971.00 4,745,000.00 221,645,134.00
Appropriation Act (No. 4) 2009-2010 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Appropriation Act (No. 6) 2009-2010 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total administered items required by the agency as represented by:                
i. Spent 0.00 30,646,508.58 0.00 0.00 0.00 2,051,498.06 0.00 0.00
ii. Retained 0.00 91,746,654.42 4,745,000.00 0.00 0.00 97,200,472.94 4,745,000.00 188,947,127.36
Total reduction in administered items - effective 2010-11 0.00 68,556,345.58 2,655,000.00 0.00 0.00 68,647,527.06 2,655,000.00 137,203,872.64

1 Numbers in this section of the table must be disclosed to the cent.

2 Administered items for 2009-10 were reduced to these amounts when these financial statements were tabled in the Parliament as part of the Department's 2009-10 annual report. This reduction is effective in 2010-11 and the amounts in the Total Reduction row will be reflected in Table A1 in the 2010-11 financial statements in the row 'Appropriations reduced (Appropriation Acts sections 12, 13 & 14)'.

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. 2010 2009
Outcome 2
$'000 $'000
Cash payments made during the year 137 2,051
Appropriations credited to Special Accounts - -
Repayments credited to the Commonwealth (net) (FMA Act section 30) 13 1,013
Total charged to appropriation 150 3,064
Estimated actual 2,700 2,500
     
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.1 2010 2009
Outcome 1
$'000 $'000
Cash payments made during the year 14,373 26,128
Appropriations credited to Special Accounts - -
Repayments credited to the Commonwealth (net) (FMA Act section 30) - 73
Total charged to appropriation 14,373 26,201
Estimated actual 29,200 26,300
     
1Administration of the appropriation was transferred to the Department of Finance and Deregulation on 1 January 2010. Refer to Note 11: Restructuring.
     
Legislation: Federal Magistrates Act 1999    
Purpose: To make provisions for death and invalidity benefits for judges. 2010 2009
Outcome 1
$'000 $'000
Cash payments made during the year 176 -
Appropriations credited to Special Accounts - -
Repayments credited to the Commonwealth (net) (FMA Act section 30) - -
Total charged to appropriation - -
Estimated actual 176 -
     
Legislation: Law Officers Act 1964    
Purpose: To make provisions for pensions of former Solicitors General. All transactions under this Act are recognised as Administered items. 2010 2009
Outcome 1
$'000 $'000
Cash payments made during the year 163 342
Appropriations credited to Special Accounts - -
Repayments credited to the Commonwealth (net) (FMA Act section 30) - -
Total charged to appropriation 163 342
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. 2010 2009
Outcome 1
$'000 $'000
Cash payments made during the year - 827
Appropriations credited to Special Accounts - -
Repayments credited to the Commonwealth (net) (FMA Act section 30) - -
Total charged to appropriation - 827
Estimated actual - 416
     
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. 2010 2009
Outcome 2
$'000 $'000
Cash payments made during the year - 54
Appropriations credited to Special Accounts - -
Repayments credited to the Commonwealth (net) (FMA Act section 30) - -
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. 2010 2009
$'000 $'000
Cash payments made during the year 19 13
Appropriations credited to Special Accounts - -
Repayments credited to the Commonwealth (net) (FMA Act section 30) - -
Total charged to special appropriation 19 13
Budget estimate 35 15

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
2010 2009 2010 2009 2010 2009 2010 2009
$'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000
Total receipts - - 3,047 3,140 - - 3,047 3,140
Total payments - - 3,047 3,140 - - 3,047 3,140
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
2010 2009 2010 2009 2010 2009 2010 2009
$'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000
Total receipts - - 243 155 - - 243 155
Total payments - - 243 155 - - 243 155
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 2009-10 financial year and where there were no transactions debited or credited to them during the 2009-10 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

 

Note 26: Special Accounts

Christmas Island Phosphate Mining Rehabilitation (Administered) 2010 2009
$'000 $'000
Appropriation: Financial Management and Accountability Act 1997; section 20
Establishing Instrument: Financial Management and Accountability Determination 2006/11
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 brought forward from previous period 2,696 2,914
Receipts 1,016 1,109
Total increase 1,016 1,109
Payments made: suppliers (924) (1,327)
Total decrease (924) (1,327)
Balance carried to next period (excluding investment balances) and represented by: 2,788 2,696
Cash - held in the Official Public Account 2,788 2,696
Total balance carried to the next period 2,788 2,696
     
Services on behalf of other Governments and non public bodies (Administered) 2010 2009
$'000 $'000
Appropriation: Financial Management and Accountability Act 1997; section 20
Establishing Instrument: Financial Management and Accountability Determination 2008/15
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 brought forward from previous period 1 13,877 2,290
Costs recovered 684 1,435
Other receipts 6,885 11,758
Total increase 7,569 13,193
Payments made: suppliers (5,691) (1,606)
Total decrease (5,691) (1,606)
Balance carried to next period (excluding investment balances) and represented by: 15,755 13,877
Cash - held in the Official Public Account 15,755 13,877
Total balance carried to the next period 15,755 13,877
     
1 Opening balances includes a non-cash amount of $11,758 which relates to Proceeds of Crime Act 2002.
     
Other Trust Monies Account (Administered) 2010 2009
$'000 $'000
Appropriation: Financial Management and Accountability Act 1997; section 20
Establishing Instrument: Financial Management and Accountability Determination 2008/15
Purpose: For expenditure of monies held on trust or otherwise for the benefit of a person other than the Australian Government.
This account is non-interest bearing
Balance brought forward from previous period 1,926 1,665
Other receipts 330 1,498
Total increase 330 1,498
Payments made: suppliers (410) (1,237)
Total decrease (410) (1,237)
Balance carried to next period (excluding investment balances) and represented by: 1,846 1,926
Cash - held in the Official Public Account 1,846 1,926
Total balance carried to the next period 1,846 1,926
     
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: $3,952,080 (2008-09: $3,209,127)    

Note 27: Compensation and Debt Relief

  2010 2009
  $ $
Departmental    
     
No ‘Act of Grace’ expenses were incurred during the reporting period. (2009: 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. (2009: No waivers) - -
     
One payment was made under the Compensation for Detriment caused by Defective Administration (CDDA) Scheme during the reporting period. (2009: No payments) 6,000 -
     
No ex-gratia payments were provided for during the reporting period.
(2009: No payments)
- -
     
No payments were provided in special circumstances relating to APS employment pursuant to s73 of the Public Service Act 1999 during the reporting period. (2009: No payments) - -
     
Administered    
     
No ‘Act of Grace’ expenses were incurred during the reporting period. (2009: 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. (2009: No waivers) - -
     
No payments were provided for under the Compensation for Detriment caused by Defective Administration (CDDA) Scheme during the reporting period. (2009: No payments) - -
     
No ex-gratia payments were provided for during the reporting period.
(2009: No payments)
- -
     
No payments were provided in special circumstances relating to APS employment pursuant to s73 of the Public Service Act 1999 during the reporting period. (2009: No payments) - -

Note 28: 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.

28A: Net Cost of Outcome Delivery

  Outcome 1 Outcome 2 Outcome 3 Payments to CAC Act bodies* Total
  2010 2009 2010 2009 2010 2009 2010 2009 2010 2009
  $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
Expenses                    
Administered 405,195 552,612 65,571 59,362 115,341 224,243 10,979 10,856 597,086 847,073
Departmental 107,487 107,337 145,371 131,528 11,572 18,461 - - 264,430 257,326
Total 512,682 659,949 210,942 190,890 126,913 242,704 10,979 10,856 861,516 1,104,399
                     
Income from non-government sector
Administered 7,095 6,888 1,464 2,041 96,468 23,730 - - 105,027 32,659
Departmental 7,194 5,606 19,803 15,915 526 201 - - 27,523 21,722
Total 14,289 12,494 21,267 17,956 96,994 23,931 - - 132,550 54,381
                     
Other own-source income                    
Administered 6,382 8,268 68 144 9,991 6,878 - - 16,441 15,290
Departmental 150 151 184 181 17 16 - - 351 348
Total 6,532 8,419 252 325 10,008 6,894 - - 16,792 15,638
                     
Net cost/(contribution) of outcome delivery 491,861 639,036 189,423 172,609 19,911 211,879 10,979 10,856 712,175 1,034,380

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.

 

28B: Major Classes of Departmental Expense, Income, Assets and Liabilities by Outcomes

  Outcome 1 Outcome 2 Outcome 3 Total
  2010 2009 2010 2009 2010 2009 2010 2009
  $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
Departmental Expenses:                
Employees 67,512 70,558 82,017 74,939 8,030 9,174 157,559 154,671
Suppliers 32,509 29,849 51,553 46,785 2,754 8,586 86,816 85,220
Depreciation and amortisation 6,577 6,175 10,733 9,029 685 635 17,995 15,839
Other expenses 889 755 1,068 775 103 66 2,060 1,596
Total 107,487 107,337 145,371 131,528 11,572 18,461 264,430 257,326
                 
Departmental Income:                
Income from government 100,122 95,726 125,156 123,509 11,034 14,272 236,312 233,507
Sale of goods and services 7,194 5,606 19,803 15,915 526 201 27,523 21,722
Other income 150 151 184 181 17 16 351 348
Total 107,466 101,483 145,143 139,605 11,577 14,489 264,186 255,577
                 
Departmental Assets:                
Cash and cash equivalents 765 491 973 590 79 50 1,817 1,131
Trade and other receivables 53,199 63,035 69,892 79,328 5,797 6,241 128,888 148,604
Land and buildings 24,177 25,632 31,953 32,022 2,496 2,595 58,626 60,249
Infrastructure, plant and equipment 9,392 7,174 11,949 15,962 969 843 22,310 23,979
Intangibles 8,123 4,485 10,335 6,548 838 354 19,296 11,387
Inventories 30 34 38 41 3 3 71 78
Other non-financial assets 308 426 403 437 29 61 740 924
Total 95,994 101,277 125,543 134,928 10,211 10,147 231,748 246,352
                 
Departmental Liabilities:                
Suppliers 3,018 790 12,447 15,761 178 1,119 15,643 17,670
Other payables 4,182 3,326 9,492 15,448 311 273 13,985 19,047
Leases 1,255 2,729 1,597 3,282 130 276 2,982 6,287
Other interest bearing liabilities 749 846 953 1,017 77 86 1,779 1,949
Employee provisions 13,564 14,843 17,260 14,897 1,400 3,030 32,224 32,770
Other provisions 252 245 320 296 26 25 598 566
Total 23,020 22,779 42,069 50,701 2,122 4,809 67,211 78,289

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

28C: Major Classes of Administered Expense, Income, Assets and Liabilities by Outcomes

  Outcome 1 Outcome 2 Outcome 3 Payments to CAC Act bodies* Total
  2010 2009 2010 2009 2010 2009 2010 2009 2010 2009
  $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
Administered Expenses:                    
Employee benefits 223 296 188 - 10,400 8,344 - - 10,811 8,640
Suppliers 1,041 3,431 20,481 20,781 70,879 70,034 - - 92,401 94,246
Subsidies 34,245 39,954 - - 4,279 1,395 - - 38,524 41,349
Personal benefits 28,066 55,949 - - - - - - 28,066 55,949
Grants 341,594 452,959 41,752 30,203 12,559 127,673 - - 395,905 610,835
Write-down and impairment of assets - (3) 6 913 2,505 463 - - 2,511 1,373
Depreciation and Amortisation 26 26 3,144 1,137 14,719 16,334 - - 17,889 17,497
CAC Act body payment items - - - - - - 10,979 10,856 10,979 10,856
Other Expenses - - - 6,328 - - - - - 6,328
Total 405,195 552,612 65,571 59,362 115,341 224,243 10,979 10,856 597,086 847,073
                     
Administered Income:                    
Dividends 1,094 2,473 - - - - - - 1,094 2,473
Competitive Neutrality 4,990 5,160 - - - - - - 4,990 5,160
Sale of goods and rendering of services 7,095 6,888 440 438 14,006 9,483 - - 21,541 16,809
Fees and fines - - - - 1,510 694 - - 1,510 694
Interest - - 1,024 - 5,413 8,861 - - 6,437 8,861
Rental income - - - - 2,899 3,230 - - 2,899 3,230
Royalties - - - - 1,545 3,171 - - 1,545 3,171
Other revenue 298 635 68 144 300 642 - - 666 1,421
Other gains - - - 1,603 77,049 2,156 - - 77,049 3,759
Indirect tax - - - - 2,813 1,055 - - 2,813 1,055
Other tax - - - - 924 1,316 - - 924 1,316
Total 13,477 15,156 1,532 2,185 106,458 30,608 - - 121,468 47,949
                     
Administered Assets:                    
Cash and cash equivalents - - - - 41 619 - - 41 619
Loans and Receivables 133 554 44,091 13,021 94,125 136,587 - - 138,349 150,162
Investments 392,758 346,947 2,505 2,459 - - - - 395,263 349,406
Land and Buildings - - - - 228,422 110,046 - - 228,422 110,046
Property, Plant and Equipment 4,798 2,600 16,754 9,081 412,485 187,499 - - 434,037 199,180
Inventories - - - - 2,008 2,124 - - 2,008 2,124
Intangibles 91 33 49 18 4,159 1,539 - - 4,299 1,590
Other non-financial assets - 48 - - 6 7 - - 6 55
Total 397,780 350,182 63,399 24,579 741,246 438,421 - - 1,202,425 813,182
                     
Administered Liabilities:                    
Suppliers 296 1,703 2,757 4,871 5,269 12,667 - - 8,322 19,241
Personal benefits - 680,500 - - - - - - - 680,500
Grants and subsidies 3,596 5,333 8,136 6,438 7,299 628 -   19,031 12,399
Other payables 678 324 863 391 214 131 - - 1,755 846
Employee provisions - - - - 1,868 1,582 - - 1,868 1,582
Asbestos removal provision - - - - 8,321 10,230 - - 8,321 10,230
Phosphate mine rehabilitation provision - - - - 2,984 2,784 - - 2,984 2,784
Total 4,570 687,860 11,756 11,700 25,955 28,022 - - 42,281 727,582

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

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