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Administered Schedule of Comprehensive Income

for the period ended 30 June 2019

2019

2018

Original Budget 2019

Notes

$'000

$'000

$'000

NET COST OF SERVICES

Income

Revenue

Non-taxation revenue

Fines

2

-

-

Total non-taxation revenue

2

-

-

Total income

2

-

-

Net contribution by services

2

-

-

Surplus

2

-

-

Total comprehensive income

2

-

-

The ABS had no administered expenses at 30 June 2019 (2018: Nil).

Accounting Policy

Revenue

All administered revenues are revenues relating to ordinary activities performed by the ABS on behalf of the Australian Government.

Revenue is generated from fines applied by the courts, which is recognised upon payment. Court costs awarded against the ABS, as opposed to fines, are recorded as a departmental expense.

Fines

The Census and Statistics Act 1905 provides the Australian Statistician with the authority to conduct statistical collections and, when necessary, to direct a person or an organisation to provide statistical information. Where information is not provided, the ABS can impose a fine on the person or organisation. Such fines are reported in the financial statements as administered income.