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



Schedules of contingencies

as at 30 June 2011

  2011 2010
  $'000 $'000
Contingent assets    
Guarantees - -
Indemnities - -
Claims for damages or costs 12 101
Total contingent assets 12 101
     
Contingent liabilities    
Guarantees 125 134
Indemnities - -
Claims for damages or costs 541 1,011
Total contingent liabilities 666 1,145
Net contingent assets (liabilities) (654) (1,044)

The above schedule should be read in conjunction with the accompanying notes.

Details of each class of contingent liabilities and contingent assets listed above are disclosed in Note 10: Contingent Liabilities and Assets, along with information on significant remote contingencies and contingencies that cannot be quantified.

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