Note 26: Special Accounts
| Account Name | 2010 $ |
2009 $ |
|---|---|---|
| Australia-China Council Special Account (Administered) | ||
| Appropriation: Financial Management and Accountability Act 1997; s20 | ||
| Establishing Instrument: Financial Management and Accountability (Special Accounts) Determination 2005/28 | ||
| Purpose: (a) to assist in furthering Australia’s foreign and trade policy objectives with China; (b) to promote broad-based community links and strengthen people to people contacts between Australia and China; (c) to assist in advancing cultural awareness and understanding between Australia and China; (d) other initiatives that contribute to the development of Australia-China relations; (e) activities that are incidental to a purpose mentioned in paragraphs (a), (b), (c) and (d); (f) to reduce the balance of the Special Account (and, therefore, the available appropriation for that Account) without making a real or notional payment; and (g) to repay amounts where an Act or other law requires or permits the repayment of an amount received. |
||
| Balance carried forward from previous year | 1,387 | 66,288 |
| Appropriation for the Reporting Period | ||
| Appropriation Act (No. 1) | 0 | 0 |
| Costs recovered from non-government sector | ||
| Goods - provision of goods to external entities | 0 | 0 |
| Services - rendering of services to external entities | 0 | 10,503 |
| Appropriation to take account of recoverable GST (FMA Act s30A) | 0 | 10,702 |
| Realised Investments | ||
| Other receipts | ||
| Goods - provision of goods to related entities | 0 | 0 |
| Services - rendering of services to related entities | 0 | 0 |
| Total increase | 0 | 21,205 |
| Available for payments | 1,387 | 87,493 |
| Payments made to suppliers | (1,387) | (86,106) |
| Repayments debited from the special account (Transfer of balance to Consolidated Revenue to allow closure of Special Account) | 0 | 0 |
| Investments made from the special account (FMA Act s39) | ||
| Total decrease | (1,387) | (86,106) |
| Balance carried to next year | 0 | 1,387 |
| Represented by: | ||
| Cash on call held in the OPA | 0 | 0 |
| Add: Receivables - Net GST receivable from ATO | 0 | 1,387 |
| Total | 0 | 1,387 |
| The special account was abolished on 19 October 2009 when the account reached a zero balance in accordance with a determination by the Minister for Finance and Deregulation (2009/16) dated 25 May 2009. | ||
| Account Name | 2010 $ |
2009 $ |
| Australia-France Endowment Special Account (Administered) | ||
| Appropriation: Financial Management and Accountability Act 1997; s20 | ||
| Establishing Instrument: Financial Management and Accountability (Special Accounts) Determination 2005/30 | ||
| Purpose: (a) to assist in furthering Australia’s foreign and trade policy objectives with France; (b) to promote broad-based community links and strengthen people to people contacts between Australia and France; (c) to assist in advancing cultural awareness and understanding between Australia and France; (d) other initiatives that contribute to the development of Australia-France relations; (e) activities that are incidental to a purpose mentioned in paragraphs (a), (b), (c) and (d); (f) to reduce the balance of the Special Account (and, therefore, the available appropriation for that Account) without making a real or notional payment; and (g) to repay amounts where an Act or other law requires or permits the repayment of an amount received. |
||
| Balance carried forward from previous year | 716 | 4,651 |
| Appropriation for the Reporting Period | ||
| Appropriation Act (No. 1) | 0 | 0 |
| Costs recovered from non-government sector | ||
| Goods - provision of goods to external entities | 0 | 0 |
| Services - rendering of services to external entities | 0 | 0 |
| Appropriation to take account of recoverable GST (FMA Act s30A) | 0 | 171 |
| Realised investments | ||
| Other receipts | ||
| Goods - provision of goods to related entities | 0 | 0 |
| Services - rendering of services to related entities | 0 | 0 |
| Total increase | 0 | 171 |
| Available for payments | 716 | 4,822 |
| Payments made to suppliers | (716) | (4,106) |
| Repayments debited from the special account (Transfer of balance to Consolidated Revenue to allow closure of Special Account) | 0 | 0 |
| Investments made from the special account (FMA Act s39) | ||
| Total decrease | (716) | (4,106) |
| Balance carried to next year | 0 | 716 |
| Represented by: | ||
| Cash on call held in the OPA | 0 | 716 |
| Add: Receivables - Net GST receivable from ATO | 0 | 0 |
| Total | 0 | 716 |
| The special account was abolished on 19 October 2009 when the account reached a zero balance in accordance with a determination by the Minister for Finance and Deregulation (2009/16) dated 25 May 2009. | ||
| Account Name | 2010 $ |
2009 $ |
| Australia-India Council Special Account (Administered) | ||
| Appropriation: Financial Management and Accountability Act 1997; s20 | ||
| Establishing Instrument: Financial Management and Accountability (Special Accounts) Determination 2005/32 | ||
| Purpose: (a) to assist in furthering Australia’s foreign and trade policy objectives with India; (b) to promote broad-based community links and strengthen people to people contacts between Australia and India; (c) to assist in advancing cultural awareness and understanding between Australia and India; (d) other initiatives that contribute to the development of Australia-India relations; (e) activities that are incidental to a purpose mentioned in paragraphs (a), (b), (c) and (d); (f) to reduce the balance of the Special Account (and, therefore, the available appropriation for that Account) without making a real or notional payment; and (g) to repay amounts where an Act or other law requires or permits the repayment of an amount received. |
||
| Balance carried forward from previous year | 593 | 87,418 |
| Appropriation for the Reporting Period | ||
| Appropriation Act (No. 1) | 0 | 0 |
| Costs recovered from non-government sector | ||
| Goods - provision of goods to external entities | 0 | 0 |
| Services - rendering of services to external entities | 0 | 0 |
| Appropriation to take account of recoverable GST (FMA Act s30A) | 0 | 3,005 |
| Realised investments | ||
| Other receipts | ||
| Goods - provision of goods to related entities | 0 | 0 |
| Services - rendering of services to related entities | 0 | 0 |
| Total increase | 0 | 3,005 |
| Available for payments | 593 | 90,423 |
| Payments made to suppliers | 0 | (89,830) |
| Repayments debited from the special account (Transfer of balance to Consolidated Revenue to allow closure of Special Account) | (593) | 0 |
| Investments made from the special account (FMA Act s39) | ||
| Total decrease | (593) | (89,830) |
| Balance carried to next year | (0) | 593 |
| Represented by: | ||
| Cash on call held in the OPA | 0 | 593 |
| Add: Receivables - Net GST receivable from ATO | 0 | 0 |
| Total | 0 | 593 |
| The special account was abolished on 19 October 2009 when the account reached a zero balance in accordance with a determination by the Minister for Finance and Deregulation (2009/16) dated 25 May 2009. | ||
| Account Name | 2010 $ |
2009 $ |
| Australia-Indonesia Institute Special Account (Administered) | ||
| Appropriation: Financial Management and Accountability Act 1997; s20 | ||
| Establishing Instrument: Financial Management and Accountability (Special Accounts) Determination 2005/34 | ||
| Purpose: (a) to assist in furthering Australia’s foreign and trade policy objectives with Indonesia; (b) to promote broad -based community links and strengthen people to people contacts between Australia and Indonesia; (c) to assist in advancing cultural awareness and understanding between Australia and Indonesia; (d) other initiatives that contribute to the development of Australia-Indonesia relations; (e) activities that are incidental to a purpose mentioned in paragraphs (a), (b), (c) and (d); (f) to reduce the balance of the Special Account (and, therefore, the available appropriation for that Account) without making a real or notional payment; and (g) to repay amounts where an Act or other law requires or permits the repayment of an amount received. |
||
| Balance carried forward from previous year | 3 | 33,730 |
| Appropriation for the Reporting Period | ||
| Appropriation Act (No. 1) | 0 | 0 |
| Costs recovered from non-government sector | ||
| Goods - provision of goods to external entities | 0 | 0 |
| Services - rendering of services to external entities | 0 | 412,021 |
| Appropriation to take account of recoverable GST (FMA Act s30A) | 0 | 44,612 |
| Realised investments | ||
| Other receipts | ||
| Goods - provision of goods to related entities | 0 | 0 |
| Services - rendering of services to related entities | 0 | 0 |
| Total increase | 0 | 456,633 |
| Available for payments | 3 | 490,363 |
| Payments made to suppliers | 0 | (490,360) |
| Repayments debited from the special account (Transfer of balance to Consolidated Revenue to allow closure of Special Account) | (3) | 0 |
| Investments made from the special account (FMA Act s 39) | ||
| Total decrease | (3) | (490,360) |
| Balance carried to next year | 0 | 3 |
| Represented by: | ||
| Cash on call held in the OPA | 0 | 3 |
| Add: Receivables - Net GST receivable from ATO | 0 | 0 |
| Total | 0 | 3 |
| The special account was abolished on 19 October 2009 when the account reached a zero balance in accordance with a determination by the Minister for Finance and Deregulation (2009/16) dated 25 May 2009. | ||
| Account Name | 2010 $ |
2009 $ |
| Australia-Korea Foundation Special Account (Administered) | ||
| Appropriation: Financial Management and Accountability Act 1997; s20 | ||
| Establishing Instrument: Financial Management and Accountability (Special Accounts) Determination 2005/36 | ||
| Purpose: (a) to assist in furthering Australia’s foreign and trade policy objectives with Korea; (b) to promote broad-based community links and strengthen people to people contacts between Australia and Korea; (c) to assist in advancing cultural awareness and understanding between Australia and Korea; (d) other initiatives that contribute to the development of Australia-Korea relations; (e) activities that are incidental to a purpose mentioned in paragraphs (a), (b), (c) and (d); (f) to reduce the balance of the Special Account (and, therefore, the available appropriation for that Account) without making a real or notional payment; and (g) to repay amounts where an Act or other law requires or permits the repayment of an amount received. |
||
| Balance carried forward from previous year | 711 | 111,337 |
| Appropriation for the Reporting Period | ||
| Appropriation Act (No. 1) | 0 | 0 |
| Costs recovered from non-government sector | ||
| Goods - provision of goods to external entities | 0 | 0 |
| Services - rendering of services to external entities | 0 | 0 |
| Appropriation to take account of recoverable GST (FMA Act s30A) | 0 | 13,024 |
| Realised investments | ||
| Other receipts | ||
| Goods - provision of goods to related entities | 0 | 0 |
| Services - rendering of services to related entities | 0 | 0 |
| Total increase | 0 | 13,024 |
| Available for payments | 711 | 124,361 |
| Payments made to suppliers | 0 | (123,650) |
| Repayments debited from the special account (Transfer of balance to Consolidated Revenue to allow closure of Special Account) | (711) | 0 |
| Investments made from the special account (FMA Act s39) | ||
| Total decrease | (711) | (123,650) |
| Balance carried to next year | (0) | 711 |
| Represented by: | ||
| Cash on call held in the OPA | 0 | 0 |
| Add: Receivables - Net GST receivable from ATO | 0 | 711 |
| Total | 0 | 711 |
| The special account was abolished on 19 October 2009 when the account reached a zero balance in accordance with a determination by the Minister for Finance and Deregulation (2009/16) dated 25 May 2009. | ||
| Account Name | 2010 $ |
2009 $ |
| Australia-Japan Foundation Special Account (Administered) | ||
| Appropriation: Financial Management and Accountability Act 1997; s20 | ||
| Establishing Instrument: Financial Management and Accountability (Special Accounts) Determination 2006/32 | ||
| Purpose: (a) assist with furthering Australia's foreign and trade policy objectives with Japan; (b) promote broad-base community links and strengthen people-to-people contacts between Australia and Japan; (c) assist in advancing cultural awareness and understanding between Australia and Japan; (d) support other initiatives that contribute to strengthen Australia-Japan relations; (e) promote activities that are incidental to a purpose mentioned in paragraph (a), (b), (c) or (d); (f) reduce the balance of the Special Account (and, therefore, the available appropriation for the Special Account) without making a real or notional payment; and (g) repay amounts where an Act or other law requires or permits the repayment of an amount received. |
||
| Balance carried forward from previous year | 64,159 | 615,439 |
| Appropriation for the Reporting Period | ||
| Appropriation Act (No. 1) | 0 | 0 |
| Costs recovered from non-government sector | ||
| Goods - provision of goods to external entities | 0 | 0 |
| Services - rendering of services to external entities | 0 | 3,235 |
| Appropriation to take account of recoverable GST (FMA Act s30A) | 0 | 52,155 |
| Realised investments | ||
| Other receipts | ||
| Goods - provision of goods to related entities | 0 | 0 |
| Services - rendering of services to related entities | 0 | 0 |
| Total increase | 0 | 55,389 |
| Available for payments | 64,159 | 670,828 |
| Payments made to suppliers | (64,159) | (606,670) |
| Repayments debited from the special account (Transfer of balance to Consolidated Revenue to allow closure of Special Account) | 0 | |
| Investments made from the special account (FMA Act s39) | ||
| Total decrease | (64,159) | (606,670) |
| Balance carried to next year | 0 | 64,159 |
| Represented by: | ||
| Cash on call held in the OPA | 0 | 60,033 |
| Add: Receivables - Net GST receivable from ATO | 0 | 4,126 |
| Total | 0 | 64,159 |
| The special account was abolished on 19 October 2009 when the account reached a zero balance in accordance with a determination by the Minister for Finance and Deregulation (2009/16) dated 25 May 2009. | ||
| Account Name | 2010 $ |
2009 $ |
| Expositions Special Account (Administered) | ||
| Appropriation: Financial Management and Accountability Act 1997; s20 | ||
| Establishing Instrument: Financial Management and Accountability (Special Accounts) Determination 2007/14 | ||
| Purpose: (a) to acquire, lease, hire, construct, manage, operate, repair, maintain, identify and advise on, and undertake any other activities in relation to Australia's participation at international expositions; (b) activities that are incidental to a purpose mentioned in paragraph (a); (c) to reduce the balance of the Special Account (and, therefore, the available appropriation for the Special Account) without making a real or notional payment; and (d) to repay amounts where an Act or other law requires or permits the repayment of an amount received. |
||
| Balance carried forward from previous year | 337,194 | 53,173 |
| Appropriation for the Reporting Period | ||
| Appropriation Act (No. 1) | 31,000,000 | 40,266,200 |
| Costs recovered from non-government sector | ||
| Goods - provision of goods to external entities | 0 | 0 |
| Services - rendering of services to external entities | 7,094,783 | 109,614 |
| Appropriation to take account of recoverable GST (FMA Act s30A) | 615,813 | 1,706,199 |
| Realised investments | ||
| Other receipts | ||
| Goods - provision of goods to related entities | 0 | 0 |
| Services - rendering of services to related entities | 0 | 0 |
| Total increase | 38,710,596 | 42,082,013 |
| Available for payments | 39,047,790 | 42,135,186 |
| Payments made to suppliers | (33,641,074) | (41,797,992) |
| Repayments debited from the special account (Transfer of balance to Consolidated Revenue to allow closure of Special Account) | ||
| Investments made from the special account (FMA Act s39) | ||
| Total decrease | (33,641,074) | (41,797,992) |
| Balance carried to next year | 5,406,716 | 337,194 |
| Represented by: | ||
| Cash on call held in the OPA | 0 | 217,035 |
| Cash at Bank/On Hand | 5,752,099 | |
| Add: Receivables - Net GST receivable from ATO | (345,383) | 120,159 |
| Total | 5,406,716 | 337,194 |
| The special account was created on 21 June 2007 in accordance with a determination by the Minister for Finance and Deregulation. | ||
| Account Name | 2010 $ |
2009 $ |
| Consular Services Special Account (Administered) | ||
| Appropriation: Financial Management and Accountability Act 1997; s20 | ||
| Establishing Instrument: Financial Management and Accountability (Special Accounts) Determination 2005/38 | ||
| Purpose: (a) providing assistance to Australian citizens and permanent residents overseas: (i) in circumstances of urgency; or (ii) when commercial money transfer services are unavailable or inappropriate; (b) to repay to an original payer amounts credited to the Special Account and residual after any necessary payments have been made under paragraph (a); (c) activities that are incidental to a purpose mentioned in paragraphs (a) or (b); (d) to reduce the balance of the Special Account (and, therefore, the available appropriation for that Account) without making a real or notional payment; and (e) to repay amounts where an Act or other law requires or permits the repayment of an amount received. |
||
| Balance carried forward from previous year | 54,280 | 46,254 |
| Costs recovered from non-government sector | ||
| Goods - provision of goods to external entities | 0 | 0 |
| Services - rendering of services to external entities | 225,511 | 233,493 |
| Appropriation to take account of recoverable GST (FMA Act s30A) | 0 | 3 |
| Realised investments | ||
| Other receipts | ||
| Goods - provision of goods to related entities | 0 | 0 |
| Services - rendering of services to related entities | 0 | 0 |
| Total increase | 225,511 | 233,496 |
| Available for payments | 279,791 | 279,750 |
| Payments made to suppliers | (229,183) | (225,470) |
| Repayments debited from the special account (Transfer of balance to Consolidated Revenue to allow closure of Special Account) | ||
| Investments made from the special account | ||
| Total decrease | (229,183) | (225,470) |
| Balance carried to next year | 50,608 | 54,280 |
| Represented by: | ||
| Cash on call held in the OPA | 46,647 | 54,280 |
| Cash at Bank/On Hand | 3,961 | 0 |
| Add: Receivables - Net GST receivable from ATO | 0 | 0 |
| Total | 50,608 | 54,280 |
| Account Name | 2010 $ |
2009 $ |
| Administered Payment and Receipts for Other Entities Special Account (Administered) | ||
| Appropriation: Financial Management and Accountability Act 1997; s20 | ||
| Establishing Instrument: Financial Management and Accountability (Special Accounts) Determination 2005/26 | ||
| Purpose: (a) to make payments overseas on behalf of entities, (b) to make payments to entities for amounts received overseas on their behalf; (c) to make payments overseas on projects jointly funded with entities; (d) activities that are incidental to a purpose mentioned in paragraphs (a), (b) and (c); (e) to reduce the balance of the Special Account (and, and therefore, the available appropriation for that Special Account) without making a real or notional payment; and (f) to repay amounts where an Act or other law requires or permits the repayment of an amount received. |
||
| Balance carried forward from previous year | 4,967,091 | 4,999,967 |
| Costs recovered from non-government sector | ||
| Goods - provision of goods to external entities | 0 | 0 |
| Services - rendering of services to external entities | 177,789,764 | 191,962,577 |
| Appropriation to take account of recoverable GST (FMA Act s30A) | 0 | 0 |
| Realised investments | ||
| Other receipts | ||
| Goods - provision of goods to related entities | 0 | 0 |
| Services - rendering of services to related entities | 0 | 0 |
| Total increase | 177,789,764 | 191,962,577 |
| Available for payments | 182,756,855 | 196,962,544 |
| Payments made to suppliers | (177,756,855) | (191,995,453) |
| Repayments debited from the special account (Transfer of balance to Consolidated Revenue to allow closure of Special Account) | 0 | 0 |
| Investments made from the special account (FMA Act s39) | 0 | 0 |
| Total decrease | (177,756,855) | (191,995,453) |
| Balance carried to next year | 5,000,000 | 4,967,091 |
| Represented by: | ||
| Cash on call held in the OPA | 5,000,000 | 4,967,091 |
| Add: Receivables - Net GST receivable from ATO | 0 | 0 |
| Total | 5,000,000 | 4,967,091 |
| Account Name | 2010 $ |
2009 $ |
| Other Trust Monies - Department of Foreign Affairs and Trade (Administered) | ||
| Appropriation: Financial Management and Accountability Act 1997; s20 | ||
| Establishing Instrument: Financial Management and Accountability (Special Accounts) Determination F2006B11719 | ||
| Purpose: for expenditure of monies temporarily held in trust or otherwise for the benefit of a person other than the Commonwealth. |
||
| Balance carried forward from previous year | 788,084 | 213,985 |
| Costs recovered from non-government sector | ||
| Goods - provision of goods to external entities | 0 | 0 |
| Services - rendering of services to external entities | 212,155 | 3,183,344 |
| Appropriation to take account of recoverable GST (FMA Act s30A) | 0 | 0 |
| Realised investments | ||
| Other receipts | ||
| Goods - provision of goods to related entities | 0 | 0 |
| Services - rendering of services to related entities | 0 | 0 |
| Total increase | 212,155 | 3,183,344 |
| Available for payments | 1,000,239 | 3,397,329 |
| Payments made to suppliers | (792,069) | (2,609,245) |
| Repayments debited from the special account (Transfer of balance to Consolidated Revenue to allow closure of Special Account) | 0 | 0 |
| Investments made from the special account (FMA Act s39) | 0 | 0 |
| Transfer of account balance to new special account | (208,170) | 0 |
| Total decrease | (1,000,239) | (2,609,245) |
| Balance carried to next year | (0) | 788,084 |
| Represented by: | ||
| Cash on call held in the OPA | 0 | 788,080 |
| Cash at Bank/On Hand | 0 | 4 |
| Add: Receivables - Net GST receivable from ATO | 0 | 0 |
| Total | 0 | 788,084 |
| The special account was abolished on 30 November 2009 when the account reached a zero balance in accordance with a determination by the Minister for Finance and Deregulation (2009/24) dated 22 July 2009. | ||
| Account Name | 2010 $ |
2009 $ |
| Services for Other Governments and Non-Agency Bodies (Administered) | ||
| Appropriation: Financial Management and Accountability Act 1997; s20 | ||
| Establishing Instrument: Financial Management and Accountability (Special Accounts) Determination F2006B11719 | ||
| Purpose: for the expenditure connected with services performed on behalf of other Governments and bodies that are not FMA agencies. | ||
| Balance carried forward from previous year | 3,481,124 | 3,378,885 |
| Costs recovered from non-government sector | ||
| Goods - provision of goods to external entities | 0 | 0 |
| Services - rendering of services to external entities | 552,274 | 4,440,374 |
| Appropriation to take account of recoverable GST (FMA Act s30A) | 15 | 0 |
| Realised investments | ||
| Other receipts | ||
| Goods - provision of goods to related entities | 0 | 0 |
| Services - rendering of services to related entities | 0 | 0 |
| Total increase | 552,289 | 4,440,374 |
| Available for payments | 4,033,413 | 7,819,259 |
| Payments made to suppliers | (3,034,045) | (4,338,135) |
| Repayments debited from the special account (Transfer of balance to Consolidated Revenue to allow closure of Special Account) | 0 | 0 |
| Investments made from the special account (FMA Act s39) | 0 | 0 |
| Transfer of account balance to new special account | (999,368) | 0 |
| Total decrease | (4,033,413) | (4,338,135) |
| Balance carried to next year | 0 | 3,481,124 |
| Represented by: | ||
| Cash on call held in the OPA | 0 | 3,481,124 |
| Add: Receivables - Net GST receivable from ATO | 0 | 0 |
| Total | 0 | 3,481,124 |
| The special account was abolished on 30 November 2009 when the account reached a zero balance in accordance with a determination by the Minister for Finance and Deregulation (2009/24) dated 22 July 2009. | ||
| Account Name | 2010 $ |
2009 $ |
| Services for Other Entities and Trust Monies Special Account (Administered) | ||
| Appropriation: Financial Management and Accountability Act 1997; s20 | ||
| Establishing Instrument: Financial Management and Accountability (Special Accounts) Determination 2009/25 | ||
| Purpose: | ||
| (a) disburse amounts held on trust or otherwise for the benefit of a person other than the Commonwealth; | ||
| (b) disburse amounts in connection with services performed on behalf of other governments and bodies that are not FMA agencies; | ||
| (c) repay amounts where an Act or other law requires or permits the repayment of an amount received; and | ||
| (d) reduce the balance of the Special Account (and, therefore, the available appropriation for the Account) without making a real or notional payment. | ||
| Balance carried forward from previous year | 0 | 0 |
| Appropriation transferred from OTM/SOGNAB Special Accounts | 1,207,539 | 0 |
| Costs recovered from non-government sector | ||
| Goods - provision of goods to external entities | 0 | 0 |
| Services - rendering of services to external entities | 4,210,094 | 0 |
| Appropriation to take account of recoverable GST (FMA Act s30A) | 0 | 0 |
| Other receipts | ||
| Goods - provision of goods to related entities | 0 | 0 |
| Services - rendering of services to related entities | 0 | 0 |
| Total increase | 5,417,633 | 0 |
| Available for payments | 5,417,633 | 0 |
| Payments made to suppliers | (3,309,438) | 0 |
| Total decrease | (3,309,438) | 0 |
| Balance carried to next year | 2,108,195 | 0 |
| Represented by: | ||
| Cash on call held in the OPA | 984,074 | 0 |
| Cash at Bank/On Hand | 1,124,121 | |
| Add: Receivables - Net GST receivable from ATO | 0 | 0 |
| Total | 2,108,195 | 0 |
| This special account was established in accordance with a determination by the Minister for Finance and Deregulation (2009/25) on 22 July 2009. It replaces the the abolished Other Trust Monies special account and the Services of the Other Governmnets and Non-Agency Bodies special account. | ||
| Account Name | 2010 $ |
2009 $ |
| Overseas Property Special Account (Departmental) | ||
| Appropriation: Financial Management and Accountability Act 1997; s20 | ||
| Establishing Instrument: Financial Management and Accountability (Special Accounts) Determination 2002/01 | ||
| Purpose: for expenditure relating to the provision of accommodation for Australian officials posted overseas and the acquisition, construction and maintenance of estates overseas. | ||
| Balance carried forward from previous year | 262,430,404 | 214,613,126 |
| Appropriation for the Reporting Period | ||
| Appropriation Act | 0 | 0 |
| Costs recovered from non-government sector | ||
| Goods - provision of goods to external entities | 10,077,334 | 8,269,873 |
| Services - rendering of services to external entities | 5,959,212 | 7,608,030 |
| Appropriation to take account of recoverable GST (FMA Act s30A) | 350,872 | 390,877 |
| Realised investments | ||
| Other receipts | ||
| Goods - provision of goods to related entities | ||
| Services - rendering of services to related entities | 104,814,295 | 136,533,073 |
| Total increase | 121,201,713 | 152,801,853 |
| Available for payments | 383,632,117 | 367,414,979 |
| Payments made to suppliers | (79,089,876) | (72,255,908) |
| Repayments debited from the special account (Transfer of balance to Consolidated Revenue to allow closure of Special Account) | ||
| Investments made from the special account (FMA Act s39) | ||
| Returns of capital and dividends | (6,913,685) | (32,728,667) |
| Total decrease | (86,003,561) | (104,984,575) |
| Balance carried to next year | 297,628,556 | 262,430,404 |
| Represented by: | ||
| Cash | 2,220,004 | 1,112,187 |
| Add: Appropriation receivable - Cash at Finance | 295,385,256 | 261,298,941 |
| Add: Receivables - Net GST receivable from ATO | 23,297 | 19,276 |
| Total | 297,628,557 | 262,430,404 |