FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2019

Australian Institute of Aboriginal and Torres Strait Islander Studies

Statement by the Accountable Authority, Chief Executive Officer and Chief Financial Officer

In our opinion, the attached financial statements for the year ended 30 June 2019 comply with subsection 42(2) of the Public Governance, performance and Accountability Act 2013 (PGPA Act), and are based on properly maintained financial records as per subsection 41(2) of the PGPA Act.

In our opinion, at the date of this statement, there are reasonable ground to believe that the Australian Institute of Aboriginal and Torres Strait Islander Studies will be able to pay its debts as and whey they fall due.

This statement is made in accordance with a resolution of the Councillors.

Ms Jodie Sizer

Chairperson

27 August 2018

Mr Craig Ritchie

Chief Executive Officer

27 August 2018

Ms Joanne Chapman

Chief Financial Officers

27 August 2018

CONTENTS

Primary financial statement Statement of Comprehensive Income Statement of Financial Position Statement of Changes in Equity

Cash Flow Statement

Overview

Notes to the financial statements

1. Financial Performance
   1. Expenses
   2. Own-Source Revenue and Gains
2. Financial Position
   1. Financial Assets
   2. Non-Financial Assets
   3. Payables
3. People and Relationships
   1. Employee Provisions
   2. Key Management Personnel Remuneration
   3. Related Party Disclosures
4. Managing Uncertainties
   1. Financial Instruments
5. Other Information
   1. Aggregate Assets and Liabilities