Australian Government - Department of Foreign Affairs and Trade

Advancing the interests of Australia and Australians internationally

Australian Government - Department of Foreign Affairs and Trade

Advancing the interests of Australia and Australians internationally



Note 23: Special Accounts

 

 

Expositions Special Account (Administered) 2011
$
2010
$
Appropriation: Financial Management and Accountability Act 1997 section 20
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; and
(b) activities that are incidental to a purpose mentioned in paragraph (a); and
(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 brought forward from previous period 5,752,099 217,035
      Appropriation for reporting period 4,882,269 31,000,000
      Costs recovered 7,991,673 7,094,783
      Realised investments   -
      Other receipts   -
Total increase 12,873,942 38,094,783
Available for payments 18,626,041 38,311,818
      Payments made to employees    (751,700) (1,029,865)
      Payments made to suppliers (10,483,094) (31,529,854)
Total decrease (11,234,794) (32,559,719)
Total balance carried to the next period 7,391,247 5,752,099
     
Consular Services Special Account (Administered) 2011
$
2010
$
Appropriation: Financial Management and Accountability Act 1997 section 20
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; and
(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); and
(c) activities that are incidental to a purpose mentioned in paragraphs (a) or (b); and
(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 brought forward from previous period 50,608 54,280
      Appropriation for reporting period - -
      Costs recovered 81,254 225,511
      Realised investments - -
      Other receipts - -
Total increase 81,254 225,511
Available for payments 131,862 279,791
      Payments made to other  (87,668) (229,183)
Total decrease (87,668) (229,183)
Total balance carried to the next period 44,194 50,608
     
Administered Payment and Receipts Account for Other Entities Special Account (Administered) 2011
$
2010
$
Appropriation: Financial Management and Accountability Act 1997 section 20
Establishing Instrument:  Financial Management and Accountability (Special Accounts)  Determination 2005/26
Purpose:
(a) to make payments overseas on behalf of entities, and
(b) to make payments to entities for amounts received overseas on their behalf; and
(c) to make payments overseas on projects jointly funded with entities; and
(d) activities that are incidental to a purpose mentioned in paragraphs (a), (b) and (c); and
(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 brought forward from previous period 5,000,000 4,967,091
      Appropriation for reporting period - -
      Costs recovered 189,111,877 177,789,764
      Realised investments - -
      Other receipts - -
Total increase 189,111,877 177,789,764
Available for payments 194,111,877 182,756,855
      Payments made to suppliers (189,111,877) (177,756,855)
Total decrease (189,111,877) (177,756,855)
Total balance carried to the next period 5,000,000 5,000,000
     
Services for Other Entities and Trust Monies Special Account (Administered) 2011
$
2010
$
Appropriation: Financial Management and Accountability Act 1997 section 20
Purpose:
(a) disburse amounts held in 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 brought forward from previous period 2,108,195 -
      Appropriation for reporting period - 1,207,539
      Costs recovered 2,439,467 4,210,094
      Realised investments - -
      Other receipts - -
Total increase 2,439,467 5,417,633
Available for payments 4,547,662 5,417,633
      Payments made to suppliers (1,477,238) (3,309,438)
Total decrease (1,477,238) (3,309,438)
Total balance carried to the next period 3,070,424 2,108,195
     
Overseas Property Account (Departmental) 2011
$
2010
$
Appropriation: Financial Management and Accountability Act 1997 section 20
Establishing Instrument:  Financial Management and Accountability (Special Accounts) Determination 2002/01
Purpose:
(a) acquire, lease, construct, manage, operate, repair, maintain, divest, finance, identify or advise on, and undertake any other activities in relation to, the real property of the Commonwealth outside Australia; and
(b) return dividends or net proceeds from the sale of an asset to the Budget as agreed between the Finance Minister and the responsible minister; and
(c) carry out activities that are incidental to a purpose mentioned in paragraph (a); and
(d) reduce the balance of the Special Account (and, therefore, the available appropriation for the Account) without making a real or notional payment; and
(e) repay amounts where an Act or other law requires or permits the repayment of an amount received.
Balance brought forward from previous period 297,605,260 262,411,128
      Appropriation for reporting period - -
      Costs recovered 18,312,725 16,036,546
      Realised investments 166,888,019 104,814,295
      Other receipts - -
Total increase 185,200,744 120,850,841
Available for payments 482,806,004 383,261,969
      Payments made to employees    (2,608,615) (2,571,045)
      Payments made to suppliers (73,231,413) (76,171,979)
      Return of capital and dividends (13,715,696) (6,913,685)
Total decrease (89,555,724) (85,656,709)
Total balance carried to the next period 393,250,280 297,605,260

 

 

 

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