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



Schedule of Administered Items

for the period ended 30 June 2011

    2011 2010
  Notes $'000 $'000
Income administered on behalf of Government      
for the period ended 30 June 2011      
       
Revenue      
       
Non-taxation revenue      
Sale of goods and rendering of services 14A 348,603 331,485
Interest 14B 5,251 6,037
Dividends 14C 28,708 16,802
Other 14D 29,373 25,105
Total non-taxation revenue   411,935 379,429
Total revenues administered on behalf of Government   411,935 379,429
       
Gains      
Foreign exchange 14E 9,081 3,771
Total gains administered on behalf of Government 9,081 3,771
Total income administered on behalf of Government 421,016 383,200
       
Expenses administered on behalf of Government    
for the period ended 30 June 2011      
       
Employee benefits 15A 5,213 6,593
Suppliers expense 15B 21,929 54,595
Grants and Contribution  15C 244,075 264,692
Write-down and impairment of assets 15D 48 9,880
Other 15E 14,693 10,603
Total expenses administered on behalf of Government 285,958 346,363
     
The above schedule should be read in conjunction with the accompanying notes.    
     
    2011 2010
  Notes $'000 $'000
Assets administered on behalf of Government    
as at 30 June 2011      
       
Financial assets      
Cash and cash equivalents 16A 2,528 6,376
Trade and other receivables 16B 2,566 4,812
Investments accounted for using the equity method 16C 408,082 407,606
Total financial assets   413,176 418,794
       
Non-financial assets      
Prepayments 16D 1,613 1,607
Total non-financial assets   1,613 1,607
       
    - -
Total assets administered on behalf of Government   414,789 420,401
       
Liabilities administered on behalf of Government    
as at 30 June 2011      
       
Payables      
Suppliers 17A 332 12,559
Other Payables 17B 64,647 94,300
Total payables   64,979 106,859
       
Total liabilities administered on behalf of Government 64,979 106,859
     
This schedule should be read in conjunction with the accompanying notes, including Note 18.
       
    2011 2010
  Notes $'000 $'000
Administered Cash Flows    
for the period ended 30 June 2011      
       
OPERATING ACTIVITIES      
Cash received      
Sales of goods and rendering of services   350,163 331,532
Interest   99 89
Dividends   28,708 16,802
NIA subsidy, premiums and recoveries   5,173 14,323
North American Pension Scheme receipts and other   5,975 8,094
Net GST received   3,740 5,877
Total cash received   393,858 376,717
       
Cash used      
Grant and contribution payments   248,959 253,500
Employees   936 1,434
Personal benefits   2,386 2,259
Suppliers   31,057 57,809
NIA expenses   6,683 7,556
Other   8,391 919
Total cash used   298,412 323,477
Net cash flows from (used by) operating activities   95,446 53,240
       
Net increase (decrease) in Cash Held   95,446 53,240
       
Cash and cash equivalents at the beginning of the reporting period   6,376 233
Cash from Official Public Account for:       
               -Appropriations   289,735 311,717
    296,111 311,950
       
Cash to Official Public Account for:      
               - Other (389,029) (358,814)
    (389,029) (358,814)
Effect of exchange rate movements on cash and cash equivalents at the beginning of the reporting period   - -
Cash and cash equivalents at the end of the reporting period 16A 2,528 6,376
       
This schedule should be read in conjunction with the accompanying notes.
 
    2011 2010
    $'000 $'000
Administered Commitments      
as at 30 June 2011      
       
BY TYPE      
Commitments receivable      
Net GST recoverable on commitments   (990) (2,513)
Total commitments receivable   (990) (2,513)
       
Commitments payable      
Other commitments      
Operating leases   - 59
Other 1   78,439 31,484
Total other commitments   78,439 31,543
Net commitments by type   77,449 29,030
       
BY MATURITY      
Commitments receivable      
One year or less   (990) (1,935)
From one to five years   - (578)
Over five years   - -
Total other commitment receivable   (990) (2,513)
       
Commitments payable      
Operating lease commitments      
One year or less   - 59
From one to five years   - -
Over five years   - -
Total operating lease commitments   - 59
       
Other commitments      
One year or less   23,392 31,484
From one to five years   55,047 -
Over five years   - -
Total other commitments   78,439 31,484
Net commitments by maturity   77,449 29,030
NB: Commitments are GST inclusive where relevant.      
       
This schedule should be read in conjunction with the accompanying notes.    
       
1 Other commitments represents: 1) the Australian Government's contract with ABC Australia Network, which expires in 2011-12; and 2) the Australian Government's contract with EFIC for Debt to Health Swap.
       
Administered Contingencies      
as at 30 June 2011      
    2011 2010
    $'000 $'000
Administered contingent assets   Nil Nil
Administered contingent liabilities   Nil Nil
Net administered contingent assets (liabilities)   - -
       

Note 19: Administered Contingent Assets and Liabilities, provides detailed information on significant remote contingencies and contingencies that cannot be quantified.

This should be read in conjunction with the accompanying notes.

Statement of Activities Administered on Behalf of Government
he major administered activities of the Department are directed towards achieving the outcomes described in Note 1 to the Financial Statements.  The major financial activities are the collection of passport fees and interest or premiums on the National Interest Account.  Details of planned activities for the year can be found in the Department's Portfolio Budget and Portfolio Additional Estimates Statements for 2010-11, which have been tabled in Parliament.

       
Administered Asset Additions      
for the period ended 30 June 2011    
       
There were no Administered asset additions in 2010-11 (2009-10: Nil).    

 

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