Minister for Education; Aboriginal Affairs; Electoral Affairs Estimated Actual $ 000. Budget $ 000

Size: px
Start display at page:

Download "Minister for Education; Aboriginal Affairs; Electoral Affairs 2014-15. 2014-15 Estimated Actual $ 000. Budget $ 000"

Transcription

1 Division 24 Part 5 Education Services Minister for Education; Aboriginal Affairs; Electoral Affairs Appropriations, Expenses and Cash Assets d DELIVERY OF SERVICES Item 28 Net amount appropriated to deliver services... 18,697 19,562 8,793 22,061 23,534 24,077 24,608 Amount Authorised by Other Statutes - Salaries and Allowances Act Total appropriations provided to deliver services... 19,003 19,875 9,106 22,381 23,863 24,406 24,937 ADMINISTERED TRANSACTIONS Item 29 Amount provided for Administered Grants, Subsidies and Other Transfer Payments , , , , , , ,836 TOTAL APPROPRIATIONS , , , , , , ,773 EXPENSES Total Cost of Services... 36,131 50,956 49,782 53,620 55,417 56,163 57,435 Net Cost of Services (a)... 14,509 24,884 24,802 26,959 28,452 28,942 29,551 CASH ASSETS (b)... 22,835 11,858 9,546 9,018 8,771 8,577 8,383 (a) Represents Total Cost of Services (expenses) less retained revenues applied to the agency s services. Reconciliation to the Total appropriations provided to deliver services includes adjustments related to movements in cash balances and other accrual items such as resources received free of charge, receivables, payables and superannuation. (b) As at 30 June each financial year. Spending Changes All recurrent spending changes, other than cash flow timing changes and non-discretionary accounting adjustments, impacting on the agency s Income Statement since presentation of the to Parliament on 8 May 2014, are outlined below: d Streamlined Process Incentive Funding... Tariffs, Fees and Charges (Teacher Registration Board of Western Australia)... Tariffs, Fees and Charges (Training Accreditation Council)... Adjustments to Commonwealth Grants (Western Australian Aboriginal Education and Training Council)... Workforce Renewal Policy (51) 1,692 1,163 1,580 2,007 (1,041) (825) (423) (325) (89) - (467) (467) (467) (467) (4) (42) (100) (162) (228) 271

2 Significant Issues Impacting the Agency The review of non-government schools funding, commissioned by the Minister for Education, is progressing, with new funding arrangements expected to be implemented from the commencement of the 2016 calendar year. The Department will continue to administer $2 million between and to support curriculum and re-engagement (CARE) schools which help students with social, emotional and behavioural difficulties. The Department will continue to review Independent Public Schools (IPS) during. The number of reviews is anticipated to rise by 57% relative to in line with the increase in the total number of schools attaining IPS status. Resource Agreement The following performance information (financial and non-financial) is the subject of a Resource Agreement signed by the Minister, Accountable Authority and Treasurer under Part 3, Division 5 of the Financial Management Act Outcomes, Services and Key Performance Information Relationship to Government Goals Broad government goals are supported at agency level by specific outcomes. Agencies deliver services to achieve these outcomes. The following table illustrates the relationship between the agency s service and desired outcome, and the government goal it contributes to. The key effectiveness indicators measure the extent of impact of the delivery of services on the achievement of desired outcomes. The key efficiency indicators monitor the relationship between the service delivered and the resources used to produce the service. Government Goal Desired Outcome Service Results-Based Service Delivery: Greater focus on achieving results in key service delivery areas for the benefit of all Western Australians. Education and training providers, and teachers, comply with the appropriate regulatory and policy requirements. 1. Regulation, Review, Funding, and Policy Advice Service Summary Expense d 1. Regulation, Review, Funding, and Policy Advice... 36,131 50,956 49,782 53,620 55,417 56,163 57,435 Total Cost of Services... 36,131 50,956 49,782 53,620 55,417 56,163 57,

3 Outcomes and Key Effectiveness Indicators (a) d Target Note Outcome: Education and training providers, and teachers, comply with the appropriate regulatory and policy requirements: Percentage of non-government schools complying with registration requirements of the School Education Act % 90% 95% 90% Percentage of providers of education services to full fee international students complying with registration requirements of the Education Service Providers (Full Fee Overseas Students) Registration Act 1991 (WA) and the Education Services for Overseas Students Act 2000 (Commonwealth) % 100% 100% 100% Percentage of Registered Training Organisations compliant with the Australian Quality Training Framework Essential Standards for Registration... 97% 100% 100% 100% Percentage of reviewed Independent Public Schools that have met service and delivery requirements % 100% 100% 100% Percentage of teachers compliant with the Teacher Registration Act % 100% 100% 100% (a) Further detail in support of the key effectiveness indicators is provided in the agency s Annual Report. Services and Key Efficiency Indicators 1. Regulation, Review, Funding, and Policy Advice Provision of regulatory, review, funding and policy advisory services, as required by legislation or government policy, to support provision of quality services by registered and/or accredited education and training providers. d Target Note Total Cost of Service (a)... 36,131 50,956 49,782 53,620 Less Income... 21,622 26,072 24,980 26,661 Net Cost of Service... 14,509 24,884 24,802 26,959 Employees (Full Time Equivalents) Efficiency Indicators (b) Cost of Regulatory Services per Registered Provider/Institution... $14, $14, $15, $15, Cost of Recurrent Funding Programs per Student... $7.11 $7.23 $6.79 $6.98 Cost of Loan Services per Loan Advance... $ $ $ $ Hourly Cost of Providing Policy Advice and Support... $ $ $ $ Cost of Review Services per School... $30, $25, $28, $19, Cost of Regulatory Services per Teacher... $92.87 $ $ $ (a) The expansion of the Low Interest Loan Scheme (LILS) from has impacted the Total Cost of Service. This increase is reflected across all efficiency indicators from the onwards. (b) All efficiency indicators for and have been re-stated to reflect new methodology as per changes to the Outcome Based Management structure for the. The efficiency indicator Cost of Funding Services per Funded Unit has been replaced by Cost of Recurrent Funding Programs per Student and Cost of Loan Services per Loan Advance. Explanation of Significant Movements (Notes) 1. The decrease in the indicator for the Target compared to the d of 33% reflects improved efficiencies as a result of a significant increase in the number of reviews of IPS being undertaken. 2. The increase in the indicator for the Target compared to the d of 30% reflects an increase in the Cost of Services attributable to the Teacher Registration Board of Western Australia (TRBWA) represented by the significant increase in renewals of registration expected during. 273

4 Asset Investment Program The Department s Asset Investment Program for comprises ongoing replacement of office furniture, fittings and information technology (IT) upgrades. The Department and the TRBWA have co-located in. It is anticipated that an amount of $1.6 million will be spent in on the fit-out for the new office accommodation. d Total Cost d Expenditure to d Expenditure WORKS IN PROGRESS IT Upgrade and Replacement TRBWA Related Asset Investment... COMPLETED WORKS Furniture and Fittings - Program... IT Upgrade and Replacement - Program... Office Fit-out Co-location of the Department of Education Services with the TRBWA... NEW WORKS Furniture and Fittings Program... Program... Program... Program... IT Upgrade and Replacement Program... Program... Program... Program... Total Cost of Asset Investment Program ,600 1,600 1, ,007 1,717 1, FUNDED BY Drawdowns from the Holding Account Internal Funds and Balances... 1, Total Funding... 1,

5 Financial Statements Income Statement Expenses The Income Statement shows an increase in Total Cost of Services of $3.8 million (8%) in when compared to the d. This is due to an increase of $2.2 million in the budget expenses for the operation of the LILS and $0.5 million increase in supplies and services expenditure representing additional expenditure to be incurred by the TRBWA. This is in response to the significant increase in renewals of registration expected during. Accommodation expenses are increasing by $1 million representing dual rent for redundant tenancies that have yet to be backfilled, as well as additional expenditure for the current tenancy. The $0.3 million increase in employee benefits is attributable to a rise in salaries and wages expenditure resulting from indexation of 2.5%. The increase in finance costs is attributable to the increase in LILS funding to $55 million in. Income Total income for is budgeted at $26.7 million which is 7% higher than the d of $25 million. This is predominantly due to the increase in revenue expected for the TRBWA as a result of a significant increase in renewals of registration during. Service appropriations for the d are $10.8 million (54%) below the due to the application of the Government s Cash Management Policy as announced in the Mid-year Review. Statement of Financial Position The most significant assets in the Department s statement of financial position are loans and advances provided to schools for asset investment under the LILS. These assets are offset by liabilities represented by borrowings from the Western Australian Treasury Corporation. Notwithstanding the Department s deficiency of net assets, the financial statements have been prepared as a going concern. This basis has been adopted as the Department is a Government agency which is funded from Parliamentary appropriation from the Consolidated Account. The Department s total equity is expected to decline in by $4.1 million (11%) compared to d. Statement of Cashflows The closing cash assets balance of $9 million represents a decrease of $0.5 million (6%) in comparison to the d of $9.5 million. Employee benefits, supplies and services, accommodation expenses and finance costs are expected to increase in. At the same time fee revenue for the TRBWA is budgeted to increase. 275

6 INCOME STATEMENT (a) (Controlled) d COST OF SERVICES Expenses Employee benefits (b)... 11,843 12,656 12,652 12,974 13,257 13,389 13,521 Grants and subsidies (c) Supplies and services... 6,331 7,607 6,515 7,025 7,121 8,031 9,019 Accommodation ,135 1,135 2,120 1,609 1,607 1,672 Depreciation and amortisation Finance costs... 15,792 28,491 28,594 30,762 32,769 32,475 32,475 Other expenses TOTAL COST OF SERVICES... 36,131 50,956 49,782 53,620 55,417 56,163 57,435 Income Sale of goods and services... 6,063 7,980 6,888 8,636 8,340 8,890 9,553 Grants and subsidies... 1, Interest revenue... 13,975 17,355 17,355 17,805 18,405 18,111 18,111 Other revenue Total Income... 21,622 26,072 24,980 26,661 26,965 27,221 27,884 NET COST OF SERVICES... 14,509 24,884 24,802 26,959 28,452 28,942 29,551 INCOME FROM STATE GOVERNMENT Service appropriations... 19,003 19,875 9,106 22,381 23,863 24,406 24,937 Resources received free of charge TOTAL INCOME FROM STATE GOVERNMENT... 19,425 20,575 9,806 22,831 24,313 24,856 25,387 SURPLUS/(DEFICIENCY) FOR THE PERIOD... 4,916 (4,309) (14,996) (4,128) (4,139) (4,086) (4,164) (a) Full audited financial statements are published in the agency s Annual Report. (b) The Full Time Equivalents for, d and are 96, 98 and 99 respectively. In some cases the figures for and may differ from previously published figures due to changes in calculation methodology. (c) Refer to the Details of Controlled Grants and Subsidies table below for further information. DETAILS OF CONTROLLED GRANTS AND SUBSIDIES d Other Miscellaneous Grants Other Scholarships TOTAL

7 STATEMENT OF FINANCIAL POSITION (a) (Controlled) d CURRENT ASSETS Cash assets... 22,481 11,525 9,182 8,644 8,387 8,193 7,999 Restricted cash Holding account receivables Receivables Loans to schools... 27,357 28,500 27,857 29,357 31,357 31,357 31,357 Other , Assets held for sale... 2,395-2,395 2,395 2,395 2,395 2,395 Total current assets... 53,756 42,156 40,967 41,939 43,692 43,498 43,304 NON-CURRENT ASSETS Holding account receivables ,275 1,618 1,961 Property, plant and equipment... 1,754 4,185 3,281 3,208 3,145 3,082 2,941 Intangibles... 1, , Receivables - Loans to schools , , , , , , ,235 Other , Total non-current assets , , , , , , ,382 TOTAL ASSETS , , , , , , ,686 CURRENT LIABILITIES Employee provisions... 1,100 1,794 1,100 1,100 1,100 1,100 1,100 Payables Borrowings... 27,357 28,500 27,857 29,357 31,357 31,357 31,357 Other... 6,513 5,690 6,433 6,348 6,258 6,168 6,078 Total current liabilities... 35,426 36,387 35,846 37,261 39,171 39,081 38,991 NON-CURRENT LIABILITIES Employee provisions... 1, ,685 1,685 1,685 1,685 1,685 Borrowings , , , , , , ,043 Other , Total non-current liabilities , , , , , , ,899 TOTAL LIABILITIES , , , , , , ,890 EQUITY Contributed equity Accumulated surplus/(deficit)... (22,824) (37,771) (37,820) (41,948) (46,087) (50,173) (54,337) Reserves... 1, ,115 1,115 1,115 1,115 1,115 Total equity (b)... (21,691) (37,083) (36,687) (40,815) (44,954) (49,040) (53,204) TOTAL LIABILITIES AND EQUITY , , , , , , ,686 (a) Full audited financial statements are published in the agency s Annual Report. (b) Notwithstanding the Department s deficiency of net assets, the financial statements have been prepared as a going concern. This basis has been adopted as the Department is a Government agency which is funded from Parliamentary appropriation from the Consolidated Account. 277

8 STATEMENT OF CASHFLOWS (a) (Controlled) d CASHFLOWS FROM STATE GOVERNMENT Service appropriations... 18,865 19,497 8,728 22,003 23,485 24,028 24,559 Holding account drawdowns Net cash provided by State Government... 18,900 19,532 8,763 22,038 23,520 24,063 24,594 CASHFLOWS FROM OPERATING ACTIVITIES Payments Employee benefits... (11,679) (12,656) (12,652) (12,974) (13,257) (13,389) (13,521) Grants and subsidies... (179) (135) (135) (35) (35) (35) (38) Supplies and services... (5,934) (6,876) (5,784) (6,543) (6,638) (7,548) (8,535) Accommodation... (580) (1,135) (1,118) (2,103) (1,592) (1,590) (1,655) Finance costs... (7,735) (14,869) (14,869) (16,764) (18,464) (18,170) (18,170) Other payments... (1,643) (882) (899) (878) (801) (801) (808) Receipts (b) Regulatory fees and fines... 1,219 2,842 1,801 1,704 1,832 1,965 2,201 Grants and subsidies Sale of goods and services... 5,005 5,138 5,087 6,932 6,508 6,925 7,352 GST receipts Interest received... 6,108 7,150 7,150 7,600 8,200 7,906 7,906 Other receipts Net cash from operating activities... (13,065) (20,311) (20,307) (22,416) (23,602) (24,092) (24,623) CASHFLOWS FROM INVESTING ACTIVITIES Purchase of non-current assets... - (65) (1,665) (65) (75) (75) (75) Net cash from investing activities... - (65) (1,665) (65) (75) (75) (75) CASHFLOWS FROM FINANCING ACTIVITIES Repayment of borrowings... (31,426) (28,360) (28,360) (29,915) (31,410) (57,190) (57,190) Other payments... (49,928) (54,300) (54,300) (55,700) (57,100) (31,320) (31,320) Proceeds from borrowings... 49,928 54,300 54,300 55,700 57,100 57,100 57,100 Other proceeds... 31,352 28,280 28,280 29,830 31,320 31,320 31,320 Net cash from financing activities... (74) (80) (80) (85) (90) (90) (90) NET INCREASE/(DECREASE) IN CASH HELD... 5,761 (924) (13,289) (528) (247) (194) (194) Cash assets at the beginning of the reporting period... 17,074 12,782 22,835 9,546 9,018 8,771 8,577 Cash assets at the end of the reporting period... 22,835 11,858 9,546 9,018 8,771 8,577 8,383 (a) Full audited financial statements are published in the agency s Annual Report. (b) A determination by the Treasurer, pursuant to section 23 of the Financial Management Act 2006, provides for the retention of some cash receipts by the Department. Refer to the Net Appropriation Determination table below for further information. Other receipts are retained under the authority of other relevant Acts of Parliament. 278

9 NET APPROPRIATION DETERMINATION (a) d Regulatory Fees and Fines Regulatory Fees - Receipts... 1,219 2,842 1,801 1,704 1,832 1,965 2,201 Grants and Subsidies Direct Grants and Subsidies Received from Commonwealth - Recurrent Sale of Goods and Services Receipts - Sale of Goods and Services... 5,005 5,138 5,087 6,932 6,508 6,925 7,352 GST Receipts GST Receipts from the Australian Taxation Office GST Receipts on Sales Other Receipts Interest Received... 5,987 7,150 7,150 7,600 8,200 7,906 7,906 Interest Received - Monies Held in Participating Trust Funds Other Receipts from the Commonwealth Other Receipts TOTAL... 14,685 16,242 15,150 16,881 17,185 17,441 18,104 (a) The moneys received and retained are to be applied to the Department s services as specified in the Statements. 279

10 DETAILS OF ADMINISTERED TRANSACTIONS d INCOME Other Interest Revenue Service Appropriation (a) , , , , , , ,836 TOTAL ADMINISTERED INCOME , , , , , , ,843 EXPENSES Grants to Charitable and Other Public Bodies Per Capita Grants to Non-Government Schools (a) , , , , , , ,893 Supplementation Grants for Special Education Students... 20,015 21,049 21,049 22,917 21,049 21,049 21,049 Non-Government School Psychology Services Grant... 4,235 4,305 4,305 4,624 4,305 4,305 4,305 Funding for Western Australian Hospital Services and Western Australian Institute for Deaf Education... 5,656 4,862 4,862 6,236 4,862 4,862 4,862 Grants for Students at Risk and Other Programs Australian Music Examinations Board Grant Teacher Training for Vocational Education and Training in Non-Government Schools (VETiS) (b) All Other Grants Statutory Authorities Curtin University of Technology - Debt Charges Other Superannuation - Higher Education Institutions... 3,869 4,040 4,040 4,040 4,040 4,040 4,040 Finance Costs TOTAL ADMINISTERED EXPENSES , , , , , , ,843 (a) A review of existing funding for per capita grants to non-government schools for the 2015 calendar year was undertaken as part of the Mid-year Review. The Department will be administering an additional $13.9 million in per capita grants in. Funding arrangements for financial years through to will be considered as part of the review of the non-government schools funding model commissioned by the Minister for Education. The Department continues to administer $2 million between and to support CARE schools which helps student with social, emotional and behavioural difficulties. (b) The Department will be administering $0.7 million in for teacher training in relation to VETiS in anticipation of changes to the Western Australian Certificate of Education. 280

Small Business Development Corporation

Small Business Development Corporation Division 67 Part 15 Small Business Development Corporation Minister for Emergency Services; Corrective Services; Small Business; Veterans Appropriations, Expenses and Cash Assets d DELIVERY OF SERVICES

More information

APPENDIX 1: A5 Management Discussion and Analysis

APPENDIX 1: A5 Management Discussion and Analysis APPENDIX 1: A5 Management Discussion and Analysis General overview Objectives The Department of Education and Training (the Department) works in partnership with the community to provide sustainable, high

More information

Rural Business Development Corporation

Rural Business Development Corporation Division 49 Part 11 Rural Business Development Corporation Minister for Agriculture and Food; Fisheries Appropriations, Expenses and Cash Assets d DELIVERY OF SERVICES Item 64 Net amount appropriated to

More information

3 Audited financial statements for the year ended 31 December 2009

3 Audited financial statements for the year ended 31 December 2009 3 Audited financial statements income statement Revenue from Continuing Operations Commonwealth Government Financial Assistance excluding hecs help higher education Contribution scheme (hecs help) 2.1

More information

INSOLVENCY AND TRUSTEE SERVICE AUSTRALIA

INSOLVENCY AND TRUSTEE SERVICE AUSTRALIA INSOLVENCY AND TRUSTEE SERVICE AUSTRALIA Section 1: Agency overview and resources 1.1 STRATEGIC DIRECTION STATEMENT The Insolvency and Trustee Service Australia s (ITSA s) purpose is to provide improved

More information

Information Paper 16. Long-term Financial Plan (A Model Format for Financial Information)

Information Paper 16. Long-term Financial Plan (A Model Format for Financial Information) Information Paper 16 Long-term Financial (A Model Format for Financial Information) February 2008 LGA Long-term Financial (A Model Format for Financial Information) Information Paper Introduction The LGA

More information

Department of Education, Employment and Workplace Relations Financial Statements for 2013 14

Department of Education, Employment and Workplace Relations Financial Statements for 2013 14 Department of Education, Employment and Workplace Relations Financial Statements for 2013 14 INDEPENDENT AUDITOR'S REPORT To the Minister for Education To the Minister for Employment Report on the Financial

More information

LONG TERM FINANCIAL PLAN 2011/2012 2020/2021

LONG TERM FINANCIAL PLAN 2011/2012 2020/2021 LONG TERM FINANCIAL PLAN 2011/2012 2020/2021 INDEX TO CONTENTS 1. Long Term Financial Planning Defined 1.1 Purpose 1.2 Principles 1.3 CEO Statement on Financial Sustainability 2. Impacts upon the Current

More information

FINANCIAL STATEMENTS YEAR ENDED 30 JUNE 2015 ABORIGINAL AND TORRES STRAIT ISLANDER HEALTH PRACTICE COUNCIL OF NSW

FINANCIAL STATEMENTS YEAR ENDED 30 JUNE 2015 ABORIGINAL AND TORRES STRAIT ISLANDER HEALTH PRACTICE COUNCIL OF NSW FINANCIAL STATEMENTS YEAR ENDED 30 JUNE 2015 ABORIGINAL AND TORRES STRAIT ISLANDER HEALTH PRACTICE COUNCIL OF NSW New South Wales Health Professional Councils Annual Report 2015 190 Aboriginal and Torres

More information

Private Health Insurance Ombudsman

Private Health Insurance Ombudsman Private Health Insurance Ombudsman Health and Ageing Portfolio Agency Section 1: Overview...448 Section 2: Resources for 2006-07...449 2.1: Appropriations and Other Resources...449 2.2: 2006-07 Budget

More information

STATEMENT 10: AUSTRALIAN ACCOUNTING STANDARD NO. 31 FINANCIAL STATEMENTS

STATEMENT 10: AUSTRALIAN ACCOUNTING STANDARD NO. 31 FINANCIAL STATEMENTS STATEMENT 10: AUSTRALIAN ACCOUNTING STANDARD NO. 31 FINANCIAL STATEMENTS This statement provides financial tables prepared on an accrual basis in accordance with applicable Australian Accounting Standards,

More information

Medicare Australia. Agency resources and planned performance

Medicare Australia. Agency resources and planned performance Medicare Australia Agency resources and planned performance 87 MEDICARE AUSTRALIA Section 1: Agency overview and resources...91 1.1 Strategic direction...91 1.2 Agency resource statement...94 1.3 Budget

More information

Statutory Financial Reporting Policy

Statutory Financial Reporting Policy Statutory Financial Reporting Policy Reference Number: 3.15 12/270185 Type: Council Category: Corporate Services Relevant Community Plan Outcome: Demonstrate effective leadership with strong community

More information

February 2015. tpp 15-01. Accounting Policy: Financial Reporting Code for NSW General Government Sector Entities. Policy & Guidelines Paper

February 2015. tpp 15-01. Accounting Policy: Financial Reporting Code for NSW General Government Sector Entities. Policy & Guidelines Paper February 2015 15-01 Accounting Policy: Financial Reporting Code for NSW General Government Sector Entities Policy & Guidelines Paper Preface The Financial Reporting Code (the Code) applies to all New South

More information

Comcare, the Safety, Rehabilitation and Compensation Commission, and the Seafarers Safety, Rehabilitation and Compensation Authority

Comcare, the Safety, Rehabilitation and Compensation Commission, and the Seafarers Safety, Rehabilitation and Compensation Authority Comcare, the Safety, Rehabilitation and Compensation Commission, and the Seafarers Safety, Rehabilitation and Compensation Authority Agency Resources and Planned Performance COMCARE, THE SAFETY, REHABILITATION

More information

Department of Industry financial performance. Department of Industry financial performance

Department of Industry financial performance. Department of Industry financial performance financial performance Chapter 9 PART A CHAPTER 9 financial performance Independent auditor s report 108 Statement by the Secretary and Chief Financial Officer 110 Financial statements 111 Annual Report

More information

COMMONWEALTH GRANTS COMMISSION

COMMONWEALTH GRANTS COMMISSION COMMONWEALTH GRANTS COMMISSION Section 1: Agency overview and resources... 251 1.1 Strategic direction statement... 251 1.2 Agency resource statement... 251 1.3 Budget measures... 252 Section 2: Outcomes

More information

POLICY MANUAL. Financial Management Significant Accounting Policies (July 2015)

POLICY MANUAL. Financial Management Significant Accounting Policies (July 2015) POLICY 1. Objective To adopt Full Accrual Accounting and all other applicable Accounting Standards. 2. Local Government Reference Local Government Act 1995 Local Government (Financial Management) Regulations

More information

Commonwealth Superannuation Corporation. Entity Resources and Planned Performance

Commonwealth Superannuation Corporation. Entity Resources and Planned Performance Commonwealth Superannuation Corporation Entity Resources and Planned Performance COMMONWEALTH SUPERANNUATION CORPORATION Section 1: Entity Overview and Resources... 111 1.1 Strategic Direction Statement...

More information

2015/16 EDUCATION PAYROLL LIMITED STATEMENT OF PERFORMANCE EXPECTATIONS

2015/16 EDUCATION PAYROLL LIMITED STATEMENT OF PERFORMANCE EXPECTATIONS 2015/16 EDUCATION PAYROLL LIMITED STATEMENT OF PERFORMANCE EXPECTATIONS Published in August 2015 Education Payroll Limited 2015/16 EDUCATION PAYROLL LIMITED STATEMENT OF PERFORMANCE EXPECTATIONS CONTENTS

More information

Department of the Legislative Assembly Annual Report 2007-08 Financial Statements. Table of Contents

Department of the Legislative Assembly Annual Report 2007-08 Financial Statements. Table of Contents 1 Table of Contents FINANCIAL STATEMENT 3 OVERVIEW... 3 CERTIFICATION OF THE FINANCIAL STATEMENTS... 5 Operating Statement...6 Balance Sheet...7 Statement of Changes of Equity...8 Cash Flow Statement...9

More information

Financial Management (Sustainability) Guideline 2013 Version 1.1

Financial Management (Sustainability) Guideline 2013 Version 1.1 Financial Management (Sustainability) Guideline 2013 Version 1.1 For the purposes of explaining the concept of sustainability and to provide guidance for calculating the relevant financial sustainability

More information

Rubicor Group Limited and Controlled Entities

Rubicor Group Limited and Controlled Entities Consolidated Statement of Profit or Loss and Other Comprehensive Income For the financial year ended 30 June Note Revenue 2 204,314 198,028 Other gains and losses 2 403 - Gain on debt forgiven 3-88,608

More information

AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

AUSTRALIAN COMPETITION AND CONSUMER COMMISSION AUSTRALIAN COMPETITION AND CONSUMER COMMISSION Section 1: Entity overview and resources... 69 1.1 Strategic direction statement... 69 1.2 Entity resource statement... 72 1.3 Budget measures... 74 Section

More information

NATIONAL ARCHIVES OF AUSTRALIA

NATIONAL ARCHIVES OF AUSTRALIA NATIONAL ARCHIVES OF AUSTRALIA Section 1: Entity overview and resources 1.1 STRATEGIC DIRECTION STATEMENT The functions of the National Archives of Australia (the Archives) are defined in the Archives

More information

AFRICA PRUDENTIAL REGISTRARS PLC UNAUDITED FINANCIAL STATEMENTS PERIOD ENDED 30 SEPTEMBER 2015

AFRICA PRUDENTIAL REGISTRARS PLC UNAUDITED FINANCIAL STATEMENTS PERIOD ENDED 30 SEPTEMBER 2015 UNAUDITED FINANCIAL STATEMENTS Contents Page Consolidated Statement of Profit or Loss and other comprehensive income 1 Consolidated Statement of Financial Position 2 Consolidated Statement of Cash Flows

More information

Example Accounts Only

Example Accounts Only CaseWare Sole Trader Financial Statements NOTE: These financial statements include illustrative disclosures for a Sole Trader (Special Purpose). The information is not intended to be and is not comprehensive

More information

FP5 SIGNIFICANT ACCOUNTING POLICIES - BUDGET

FP5 SIGNIFICANT ACCOUNTING POLICIES - BUDGET FP5 SIGNIFICANT ACCOUNTING POLICIES - BUDGET Adopted: Audit Committee 20 June 2013 Committee Decision No. 10 Audit Committee Minutes endorsed by Council OMC 18 July 2013 Council Decision No. 2753 AASB

More information

Financial Report 76. Certifications... 77. Auditor s Report... 78. Income Statements... 79. Balance Sheets... 80

Financial Report 76. Certifications... 77. Auditor s Report... 78. Income Statements... 79. Balance Sheets... 80 Financial Report 76 contents Certifications... 77 Auditor s Report... 78 Income Statements... 79 Balance Sheets... 80 Statements of Changes in Equity... 81 Cash Flow Statements... 82... 83 Report by the

More information

HORNSBY SHIRE COUNCIL LONG TERM FINANCIAL PLAN 2014/15-2023/24 HORNSBY SHIRE COUNCIL LONG TERM FINANCIAL PLAN 2014/15-2023/24 SECTION INTRODUCTION

HORNSBY SHIRE COUNCIL LONG TERM FINANCIAL PLAN 2014/15-2023/24 HORNSBY SHIRE COUNCIL LONG TERM FINANCIAL PLAN 2014/15-2023/24 SECTION INTRODUCTION HORNSBY SHIRE COUNCIL LONG TERM FINANCIAL PLAN 2014/15-2023/24 HORNSBY SHIRE COUNCIL LONG TERM FINANCIAL PLAN 2014/15-2023/24 SECTION INTRODUCTION P1 P2 CONTENTS Executive Summary Financial Results Future

More information

Australian Communications and Media Authority. Entity resources and planned performance

Australian Communications and Media Authority. Entity resources and planned performance Australian Communications and Media Authority Entity resources and planned performance 91 AUSTRALIAN COMMUNICATIONS AND MEDIA AUTHORITY Section 1: Entity overview and resources... 95 1.1 Strategic direction

More information

AUSTRALIAN SECURITY INTELLIGENCE ORGANISATION

AUSTRALIAN SECURITY INTELLIGENCE ORGANISATION AUSTRALIAN SECURITY INTELLIGENCE ORGANISATION Section 1: Agency overview and resources 1.1 STRATEGIC DIRECTION STATEMENT The mission of the Australian Security Intelligence Organisation (ASIO) is to identify

More information

RESPONSIBLE MINISTER FOR INLAND REVENUE DEPARTMENT: Minister of Revenue

RESPONSIBLE MINISTER FOR INLAND REVENUE DEPARTMENT: Minister of Revenue Vote Revenue APPROPRIATION MINISTER(S): Minister of Revenue (M57) APPROPRIATION ADMINISTRATOR: Inland Revenue Department RESPONSIBLE MINISTER FOR INLAND REVENUE DEPARTMENT: Minister of Revenue THE ESTIMATES

More information

2014-15. Quarterly Financial Results Report

2014-15. Quarterly Financial Results Report 2014-15 Quarterly Financial Results Report March 2015 GOV ERN MEN T THE OF WES TERN A U S TRA LIA 2014 15 Quarterly Financial Results Report March 2015 2014 15 Quarterly Financial Results Report Government

More information

(i) annual appropriations consisting of the Appropriation Acts (Nos. 1-4) and the Appropriation (Parliamentary Departments) Acts (Nos.

(i) annual appropriations consisting of the Appropriation Acts (Nos. 1-4) and the Appropriation (Parliamentary Departments) Acts (Nos. CHAPTER 2 CONSOLIDATED REVENUE FUND The Consolidated Revenue Fund (CRF) is the main working fund of the Commonwealth; it has its basis in (but is not the same as) the CRF mentioned in the Constitution

More information

Department of the Premier and Cabinet Financial Statements

Department of the Premier and Cabinet Financial Statements Department of the Premier and Cabinet Financial Statements for the year ended 30 June 2014 Financial Statements 2013-14 Contents Page No. Statement of Comprehensive Income 3 Statement of Financial Position

More information

COOK S BODY WORKS PTY LTD A.B.N. 42 005 070 084 DIRECTORS REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2015

COOK S BODY WORKS PTY LTD A.B.N. 42 005 070 084 DIRECTORS REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2015 DIRECTORS REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2015 In accordance with a resolution of the Directors dated 16 December 2015 the Directors of the Company have pleasure in reporting on the Company for

More information

ASX Announcement 29 August 2014 PRELIMINARY FINAL REPORT

ASX Announcement 29 August 2014 PRELIMINARY FINAL REPORT ABN 68 009 161 522 ASX Announcement 29 August 2014 PRELIMINARY FINAL REPORT SubZero Group Limited (ASX: SZG) submits its Appendix 4E preliminary financial report for the year ended 30 June 2014. For further

More information

BUDGET AND FINANCIAL PLAN SUMMARY FILE

BUDGET AND FINANCIAL PLAN SUMMARY FILE REVENUE & FINANCING SOURCES Operating Revenues Charges for services Rental & financing income Last Year (Actual) 2014 Other operating revenues 0 Nonoperating Revenues Current Year (Estimated) 2015 Next

More information

DEFENCE ANNUAL REPORT 2013 14

DEFENCE ANNUAL REPORT 2013 14 DEFENCE ANNUAL REPORT 2013 14 Volume Two Audited financial statements Defending Australia and its National Interests www.defence.gov.au COVER IMAGE: Lisa Tomasetti 2014 Lance Corporal James Duncan, who

More information

ABN 17 006 852 820 PTY LTD (FORMERLY KNOWN AS AQUAMAX PTY LTD) DIRECTORS REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2015

ABN 17 006 852 820 PTY LTD (FORMERLY KNOWN AS AQUAMAX PTY LTD) DIRECTORS REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2015 DIRECTORS REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2015 In accordance with a resolution of the Directors dated 16 December 2015, the Directors of the Company have pleasure in reporting on the Company for

More information

Auditor General. I believe that the audit evidence obtained is sufficient and appropriate to provide a basis for my audit opinion.

Auditor General. I believe that the audit evidence obtained is sufficient and appropriate to provide a basis for my audit opinion. Auditor General INDEPENDENT AUDITOR S REPORT To the Parliament of Western Australia SMALL BUSINESS DEVELOPMENT CORPORATION Report on the Financial Statements I have audited the accounts and financial statements

More information

LASALLE COUNTY EMERGENCY TELEPHONE SYSTEM BOARD OTTAWA, ILLINOIS

LASALLE COUNTY EMERGENCY TELEPHONE SYSTEM BOARD OTTAWA, ILLINOIS OTTAWA, ILLINOIS Financial Report CONTENTS Page Number Independent Auditor's Report Management's Discussion and Analysis (Unaudited) Statement of Net Assets - Business-Type Activities Statement of Revenues,

More information

BUDGET AND FINANCIAL PLAN SUMMARY FILE

BUDGET AND FINANCIAL PLAN SUMMARY FILE BUDGET AND FINANCIAL PLAN SUMMARY FILE BUDGETED REVENUES, EXPENDITURES, AND CHANGES IN CURRENT NET ASSETS Last Year (Actual) 2013 Current Year (Estimated) 2014 Adopted 2015 Proposed 2016 Proposed 2017

More information

AUDITOR-GENERAL S REPORT

AUDITOR-GENERAL S REPORT V I C T O R I A Auditor-General of Victoria AUDITOR-GENERAL S REPORT on the VICTORIAN GOVERNMENT S FINANCES 1997-98 Ordered to printed by Authority. Government Printer for the State of Victoria No. 41

More information

Performance management framework

Performance management framework Performance management framework We measure our performance against key performance indicators and deliverables that are set out in our outcome based management framework. Outcome based management framework

More information

Basic Benchmarking Data Definitions

Basic Benchmarking Data Definitions Basic Benchmarking Data Definitions INCOME STATEMENT Actual Values Description Revenue 2012-13 2011-12 Operating Revenue Commonwealth Subsidies State Grants Resident/Client Charges Bond Retentions (if

More information

REVENUES & BENEFITS SHARED SERVICE STATEMENT OF ACCOUNTS 2012/13 LANCASTER CITY COUNCIL PRESTON CITY COUNCIL

REVENUES & BENEFITS SHARED SERVICE STATEMENT OF ACCOUNTS 2012/13 LANCASTER CITY COUNCIL PRESTON CITY COUNCIL REVENUES & BENEFITS SHARED SERVICE STATEMENT OF ACCOUNTS 2012/13 LANCASTER CITY COUNCIL PRESTON CITY COUNCIL CONTENTS Page Explanatory Foreword 2 Statement of Responsibilities 5 Statement of Accounting

More information

FAMILY COURT AND FEDERAL CIRCUIT COURT

FAMILY COURT AND FEDERAL CIRCUIT COURT FAMILY COURT AND FEDERAL CIRCUIT COURT Section 1: Agency overview and resources 1.1 STRATEGIC DIRECTION STATEMENT The contribution of the Family Court and Federal Circuit Court to the government s agenda

More information

Commonwealth of Australia CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2014

Commonwealth of Australia CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2014 Commonwealth of Australia CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2014 CIRCULATED BY SENATOR THE HONOURABLE MATHIAS CORMANN MINISTER FOR FINANCE OF THE COMMONWEALTH OF AUSTRALIA NOVEMBER

More information

G8 Education Limited ABN: 95 123 828 553. Accounting Policies

G8 Education Limited ABN: 95 123 828 553. Accounting Policies G8 Education Limited ABN: 95 123 828 553 Accounting Policies Table of Contents Note 1: Summary of significant accounting policies... 3 (a) Basis of preparation... 3 (b) Principles of consolidation... 3

More information

2015 (2014 Data) Financial Questionnaire for Non-Government Schools. Instructions

2015 (2014 Data) Financial Questionnaire for Non-Government Schools. Instructions 2015 (2014 Data) Financial Questionnaire for Non-Government Schools Instructions Table of contents Scope and Information for the Financial Questionnaire... 4 Which Schools/System Offices should complete

More information

CIT SOLUTIONS PTY LTD

CIT SOLUTIONS PTY LTD CIT SOLUTIONS PTY LTD Purpose CIT Solutions Pty Ltd (CIT Solutions) is a company owned by the Canberra Institute of Technology (CIT), which operates under CIT s status as a Registered Training Organisation

More information

Total assets 16,045,875 12,923,365

Total assets 16,045,875 12,923,365 schedule of administered assets and liabilities as at 30 June 2001 Notes $ 000 $ 000 118 ASSETS Financial assets Cash 20a (832,168) 987,784 Receivables 20b 14,226,282 9,778,752 Investments 20c 2,388,423

More information

Lodged with the ASX under Listing Rule 4.2A. Results for announcement to the market 2. Directors report 3. Consolidated interim income statement 6

Lodged with the ASX under Listing Rule 4.2A. Results for announcement to the market 2. Directors report 3. Consolidated interim income statement 6 TPG Telecom Limited ABN 46 093 058 069 and its controlled entities ASX Appendix 4D and Half Year Financial Report 31 January 2012 Lodged with the ASX under Listing Rule 4.2A Contents Page Results for announcement

More information

For personal use only

For personal use only ASX ANNOUNCEMENT 30 th April 2014 & Working Capital Update ADG Global Supply (ASX: ADQ) has today released its cash flow report for the period ending 31 March 2014. For the quarter, ADG experienced an

More information

The Balance Sheet. A practical example & explanation Financial Services Division

The Balance Sheet. A practical example & explanation Financial Services Division The Balance Sheet A practical example & explanation Financial Services Division Published by the Communications Division for [insert Division Name] Division Department of Education and Early Childhood

More information

NATIONAL LIVELIHOOD DEVELOPMENT CORPORATION STATEMENT OF FINANCIAL POSITION December 31, 2011 (In Philippine Peso)

NATIONAL LIVELIHOOD DEVELOPMENT CORPORATION STATEMENT OF FINANCIAL POSITION December 31, 2011 (In Philippine Peso) NATIONAL LIVELIHOOD DEVELOPMENT CORPORATION STATEMENT OF FINANCIAL POSITION December 31, 2011 ASSETS 2011 2010 Current assets Cash P 344,961,543 P 290,049,169 Receivables 1,653,584,466 1,563,880,769 Inventories

More information

Future-oriented statement of operations (unaudited) 2015-16

Future-oriented statement of operations (unaudited) 2015-16 Future-oriented statement of operations (unaudited) 2015-16 1. Authority and Objectives The Canadian Grain Commission was established in 1912 and is the federal government agency responsible for administering

More information

Appendix B5: 2014-15 Budget Outcome and Summary of Variations

Appendix B5: 2014-15 Budget Outcome and Summary of Variations Appendix B5: 2014-15 Budget Outcome and Summary of Variations Budget outcome for 2014-15 The Budget result for 2014-15 is estimated to be a surplus of $2.1 billion compared with a budgeted deficit of $283

More information

Department of Environment and Heritage Protection. Financial Statements. for the financial year ended 30 June 2014

Department of Environment and Heritage Protection. Financial Statements. for the financial year ended 30 June 2014 Department of Environment and Heritage Protection Financial Statements for the financial year ended 30 June 2014 Contents Page Number Statement of Comprehensive Income 2 Statement of Financial Position

More information

Financial Statement Guide. A Guide to Local Government Financial Statements

Financial Statement Guide. A Guide to Local Government Financial Statements Financial Statement Guide A Guide to Local Government Financial Statements January, 2012 Ministry of Community, Sport and 1 Financial Statement Guide Table of Contents Introduction Legislative Requirements

More information

West Virginia Council for Community and Technical College Education

West Virginia Council for Community and Technical College Education West Virginia Council for Community and Technical College Education Combined Financial Statements Years Ended June 30, 2013 and 2012 and Independent Auditor s Reports TABLE OF CONTENTS INDEPENDENT AUDITOR

More information

TCS Financial Solutions Australia (Holdings) Pty Limited. ABN 61 003 653 549 Financial Statements for the year ended 31 March 2015

TCS Financial Solutions Australia (Holdings) Pty Limited. ABN 61 003 653 549 Financial Statements for the year ended 31 March 2015 TCS Financial Solutions Australia (Holdings) Pty Limited ABN 61 003 653 549 Financial Statements for the year ended 31 March 2015 Contents Page Directors' report 3 Statement of profit or loss and other

More information

Financial Statements for the year ended 30 June 2013 Pursuant to Aurizon Network s Access Undertaking Below Rail Services Provided by Aurizon Network

Financial Statements for the year ended 30 June 2013 Pursuant to Aurizon Network s Access Undertaking Below Rail Services Provided by Aurizon Network Below Rail Services provided by Aurizon Network Financial Statements for the year ended 30 June 2013 ABN 78 132 181 116 Financial Statements for the year ended 30 June 2013 Pursuant to Aurizon Network

More information

Consolidated balance sheet

Consolidated balance sheet Consolidated balance sheet Non current assets 31/12/2009 31/12/2008 (*) 01/01/2008 (*) Property, plant and equipment 1,352 1,350 1,144 Investment property 7 11 11 Fixed assets held under concessions 13,089

More information

Department of National Parks, Recreation, Sport and Racing. Annual Financial Statements for the financial year ended 30 June 2013

Department of National Parks, Recreation, Sport and Racing. Annual Financial Statements for the financial year ended 30 June 2013 Annual Financial Statements for the financial year ended 30 June 2013 Department of National Parks, Recreation, Sport and Racing Financial Statements for the financial year ended 30 June 2013 Contents

More information

Transition to International Financial Reporting Standards

Transition to International Financial Reporting Standards Transition to International Financial Reporting Standards Topps Tiles Plc In accordance with IFRS 1, First-time adoption of International Financial Reporting Standards ( IFRS ), Topps Tiles Plc, ( Topps

More information

Financial Management Strategy & Long Term Financial Plan 2014/2015 2023/2024

Financial Management Strategy & Long Term Financial Plan 2014/2015 2023/2024 Financial Management Strategy & Long Term Financial Plan 2014/2015 2023/2024 February 2014 Table of Contents Page 1.0 EXCUTIVE SUMMARY 1.1 Introduction 1.2 Financial Management Strategy 1.3 Long Term

More information

STATEMENT BY THE BOARD

STATEMENT BY THE BOARD Financial Statements 1 FINANCIAL STATEMENTS STATEMENT BY THE BOARD In our opinion, (a) the accompanying consolidated financial statements of Info-communications Development Authority of Singapore (the

More information

CLINICAL COMPUTING PLC 2009 PRELIMINARY RESULTS

CLINICAL COMPUTING PLC 2009 PRELIMINARY RESULTS CLINICAL COMPUTING PLC 2009 PRELIMINARY RESULTS Clinical Computing Plc (the Company or the Group ), the international developer of clinical information systems and project and resource management software,

More information

Appropriation Bill 2011

Appropriation Bill 2011 Passed by both Houses New South Wales Appropriation Bill 2011 Contents Part 1 Preliminary Page 1 Name of Act 2 2 Commencement 2 3 Interpretation 2 4 Expenses and capital expenditure information 2 Division

More information

SENATOR THE HON MATHIAS CORMANN Minister for Finance MEDIA RELEASE

SENATOR THE HON MATHIAS CORMANN Minister for Finance MEDIA RELEASE SENATOR THE HON MATHIAS CORMANN Minister for Finance MEDIA RELEASE Friday, 18 December 2015 KEY POINTS AUSTRALIAN GOVERNMENT GENERAL GOVERNMENT SECTOR MONTHLY FINANCIAL STATEMENTS NOVEMBER 2015 The underlying

More information

Financial Statements of the. Office of the Secretary to the Governor General

Financial Statements of the. Office of the Secretary to the Governor General Financial Statements of the Office of the Secretary to the Governor General For the Year Ended March 31, 2014 Statement of Management Responsibility Including Internal Control Over Financial Reporting

More information

Local Government Operational Guidelines. Number 18 June 2013. Financial Ratios

Local Government Operational Guidelines. Number 18 June 2013. Financial Ratios Local Government Operational Guidelines Number 18 June 2013 Page 2 of 20 1. Introduction This guideline is intended to provide a clear explanation of each ratio required to be included in the annual financial

More information

Australian Broadcasting Corporation. Entity resources and planned performance

Australian Broadcasting Corporation. Entity resources and planned performance Australian Broadcasting Corporation Entity resources and planned performance 43 AUSTRALIAN BROADCASTING CORPORATION Section 1: Entity overview and resources... 47 1.1 Strategic direction statement...

More information

FINANCE POLICY POLICY NO F.6 SIGNIFICANT ACCOUNTING POLICIES. FILE NUMBER FIN 2 ADOPTION DATE 13 June 2002

FINANCE POLICY POLICY NO F.6 SIGNIFICANT ACCOUNTING POLICIES. FILE NUMBER FIN 2 ADOPTION DATE 13 June 2002 POLICY NO F.6 POLICY SUBJECT FILE NUMBER FIN 2 ADOPTION DATE 13 June 2002 Shire of Toodyay Policy Manual FINANCE POLICY SIGNIFICANT ACCOUNTING POLICIES LAST REVIEW 22 July 2014 (Council Resolution No 201/07/14)

More information

UNIFORM FINANCIAL INFORMATION SOUTH AUSTRALIA 2000-2001

UNIFORM FINANCIAL INFORMATION SOUTH AUSTRALIA 2000-2001 UNIFORM FINANCIAL INFORMATION SOUTH AUSTRALIA 2000-2001 Presented by the Honourable Rob Lucas MLC Treasurer of South Australia on the Occasion of the Budget for 2000-2001 UNIFORM STATISTICAL PRESENTATION

More information

CANADIAN NORTHERN ECONOMIC DEVELOPMENT AGENCY. Statement of Management Responsibility

CANADIAN NORTHERN ECONOMIC DEVELOPMENT AGENCY. Statement of Management Responsibility CANADIAN NORTHERN ECONOMIC DEVELOPMENT AGENCY Statement of Management Responsibility Responsibility for the integrity and objectivity of the accompanying financial statements for the initial period starting

More information

Section 6 Financial Reporting

Section 6 Financial Reporting Section 6 Financial Reporting Contents Page 6.1 Financial Reporting Responsibilities... 3 6.1.1 Introduction 3 6.1.2 Reporting Requirements 4 6.1.3 Plan for the Future 6 6.1.4 Annual Budget 8 6.1.5 Budget

More information

For personal use only

For personal use only General Purpose Financial Statements For the Half-Year Ended 31 December 2013 Financial Statements CONTENTS Pages Directors Report 2 Auditor s Independence Declaration 4 Independent Review Report 5 Directors

More information

ČEZ, a. s. BALANCE SHEET in accordance with IFRS as of March 31, 2015 in CZK Millions

ČEZ, a. s. BALANCE SHEET in accordance with IFRS as of March 31, 2015 in CZK Millions BALANCE SHEET Assets Property, plant and equipment: 31. 03. 2015 31. 12. 2014 Plant in service 345,012 344,246 Less accumulated provision for depreciation (199,841) (196,333) Net plant in service 145,171

More information

Professional Standards Council of South Australia

Professional Standards Council of South Australia Professional Standards Council of South Australia FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 JUNE 2013 1 Financial Statements 2013 Financial Statements Contents Statement of Comprehensive Income

More information

These financial statements cover the Department of Communities Retail Stores.

These financial statements cover the Department of Communities Retail Stores. Foreword Foreword These financial statements cover the. Retail Stores is an operational unit established within the Department of Communities which is a Queensland Government department established under

More information

Long Term Financial Planning

Long Term Financial Planning Long Term Financial Planning Framework and Guidelines Long Term Financial Planning Framework and Guidelines for Western Australian Local Governments p1. Contents Foreword 4 1. Introduction 7 2. Purpose

More information

Public Finance and Expenditure Management Law

Public Finance and Expenditure Management Law Public Finance and Expenditure Management Law Chapter one General provisions Article one. The basis This law has been enacted in consideration of Article 75, paragraph 4 of the Constitution of Afghanistan

More information

Consolidated Financial Summary For the third quarter of the fiscal year ending March 31, 2009

Consolidated Financial Summary For the third quarter of the fiscal year ending March 31, 2009 Monex Group, Inc. Consolidated Financial Summary under Japanese GAAP for the third quarter of the fiscal year ending March 31, 2009 (April 1, 2008-December 31, 2008) This is an English translation of Japanese

More information

Queensland. Health Practitioner Regulation (Administrative Arrangements) National Law Act 2008

Queensland. Health Practitioner Regulation (Administrative Arrangements) National Law Act 2008 Queensland Health Practitioner Regulation (Administrative Arrangements) National Law Act 2008 Act No. 62 of 2008 Queensland Health Practitioner Regulation (Administrative Arrangements) National Law Act

More information

2014 15 Crown Entity Financial Statements. Incorporating Restart NSW Fund Financial Report for the year ended 30 June 2015

2014 15 Crown Entity Financial Statements. Incorporating Restart NSW Fund Financial Report for the year ended 30 June 2015 2014 15 Crown Entity Financial Statements Incorporating Restart NSW Fund Financial Report Contents 2014 15 Crown Entity Financial Statements Independent Auditor s Report... 3 Statement by the Treasury

More information

Accounting Guideline

Accounting Guideline Accounting Guideline GAP 2 Cash Flow Statements All rights reserved. No part of this publication may be reproduced, stored in retrieval system, or transmitted, in any form or by any means, electronic,

More information

Appendix 4E - Preliminary Final Report Year ended 30 June 2015

Appendix 4E - Preliminary Final Report Year ended 30 June 2015 (ASX: ADA) Adacel Technologies Limited ABN 15 079 672 281 Suite 1, 342 South Road Hampton East, VIC 3188 Australia T. +61 3 8530 7777 F. +61 3 9555 0068 ASX & Media Release Melbourne, 27 August 2015 Appendix

More information

Financial and Asset Management. Glossary of Terms and Abbreviations

Financial and Asset Management. Glossary of Terms and Abbreviations Financial and Asset Management Glossary of Terms and Abbreviations ABP see Annual Business Plan Accrual accounting: An accounting approach by which expenses, revenue, assets and liabilities are recognised

More information

The District uses funds to report on its financial position and the result of its operations.

The District uses funds to report on its financial position and the result of its operations. SIGNIFICANT BUDGET AND ACCOUNTING REQUIREMENTS BASIS OF PRESENTATION FUND ACCOUNTING The District uses funds to report on its financial position and the result of its operations. A fund is defined as a

More information

ČEZ, a. s. BALANCE SHEET in accordance with IFRS as of June 30, 2014 in CZK Millions

ČEZ, a. s. BALANCE SHEET in accordance with IFRS as of June 30, 2014 in CZK Millions BALANCE SHEET Assets Property, plant and equipment: 30. 6. 2014 31. 12. 2013 Plant in service 319 440 319 081 Less accumulated provision for depreciation (188 197) (182 282) Net plant in service 131 243

More information

BRISBANE CITY COUNCIL FINANCIAL PLAN 2011/2012

BRISBANE CITY COUNCIL FINANCIAL PLAN 2011/2012 BRISBANE CITY COUNCIL FINANCIAL PLAN 2011/2012-1 - Purpose of the Financial Plan The financial plan is a component of Brisbane City Council s system of financial management. It helps ensure the financial

More information

1 Fiscal strategy and outlook

1 Fiscal strategy and outlook 1 Fiscal strategy and outlook Features The 2015-16 Budget delivers the Government s election commitments, with key measures to revitalise the State economy and frontline service delivery, especially in

More information

Long Term Financial Plan 2014 2023 Adopted December 2013

Long Term Financial Plan 2014 2023 Adopted December 2013 Long Term Financial Plan 2014 2023 Adopted December 2013 District Council of Mallala CONTENTS 1 Introduction 1 2 Planning Framework 2 3 Assumptions 7 4 Summary & Financial Statements 10 Estimated Comprehensive

More information

EXPLANATORY NOTES. 1. Summary of accounting policies

EXPLANATORY NOTES. 1. Summary of accounting policies 1. Summary of accounting policies Reporting Entity Taranaki Regional Council is a regional local authority governed by the Local Government Act 2002. The Taranaki Regional Council group (TRC) consists

More information

REPORT. of the BOARD OF ARCHITECTS OF QUEENSLAND

REPORT. of the BOARD OF ARCHITECTS OF QUEENSLAND REPORT of the BOARD OF ARCHITECTS OF QUEENSLAND 1 July 2013 to 30 June 2014 2 3 Letter of compliance The Honourable Tim Mander, MP Minister for Housing and Public Works Level 7, 80 George Street BRISBANE

More information

MINISTRY OF SOCIAL SERVICES VALLEY VIEW CENTRE RESIDENTS' TRUST ACCOUNT FINANCIAL STATEMENTS

MINISTRY OF SOCIAL SERVICES VALLEY VIEW CENTRE RESIDENTS' TRUST ACCOUNT FINANCIAL STATEMENTS MINISTRY OF SOCIAL SERVICES FINANCIAL STATEMENTS For the year ended March 31, 2015 PROVINCIAL AUDITOR of Saskatchewan INDEPENDENT AUDITOR'S REPORT To: The Members of the Legislative Assembly of Saskatchewan

More information