Note 18: Administered Reconciliation Table
| 2011 $'000 |
2010 $'000 |
|
|---|---|---|
| Opening administered assets less administered liabilities as at 1 July | 313,542 | 296,310 |
| Adjustment for change in accounting policies | - | - |
| Adjustment for errors | - | - |
| Adjusted opening administered assets less administered liabilities | 313,542 | 296,310 |
| Plus: Administered income | 411,935 | 379,429 |
| Less: Administered expenses (non CAC) | (285,958) | (346,363) |
| Administered transfers to/from Australian Government: | ||
| Appropriation transfers from OPA: | ||
| Annual appropriations for administered expenses (non CAC) | 281,444 | 311,717 |
| Administered assets and liabilities appropriations | 7,453 | - |
| Special appropriations (unlimited) (non CAC) | 838 | 767 |
| Transfers to OPA | (389,029) | (359,581) |
| Restructuring | - | - |
| Movements in the carrying amount of investments | 476 | 30,906 |
| Net actuarial gains/(losses) | 28 | (3,414) |
| Net foreign exchange gains/(losses) | 9,081 | 3,771 |
| Closing administered assets less administered liabilities as at 30 June | 349,810 | 313,542 |