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Other Information

Other information

5.1: Aggregate Assets and Liabilities

2019

2018

$

$

Loans and receivables expected to be recovered in:

No more than 12 months

3,532,460

3,464,259

More than 12 months

0

0

Total loans and receivables

3,532,460

3,464,259

Liabilities expected to be settled in:

No more than 12 months

20,240

13,000

More than 12 months

0

0

Total liabilities

20,240

13,000

5.2: Economic Dependency

The AMFRTF receives economic support from the Department of Defence by way of the provision of administrative support, computer and communication facilities, staff and office accommodation for the AMFRTF Secretariat. However, the Trustees consider that in the event that the support provided by the Department of Defence was withdrawn, the AMFRTF is in a position to be economically self sufficient.

5.3: Segment Reporting

The AMFRTF operates across Australia and exists to provide benefits through loans and grants that contribute to the welfare of members of the Australian Army and for the dependants of these members.