Administered reconciliation schedule
2020 | 2019 | |||
Notes | $'000 | $'000 | ||
Opening assets less liabilities as at 1 July | 1,035 | 1,038 | ||
Income | 712,209 | 678,565 | ||
Expenses | 7.1 | (472,721) | (463,201) | |
Transfers (to) / from the Government: | ||||
Appropriation transfers from Official Public Account (OPA) | 472,666 | 463,146 | ||
Appropriation transfers to OPA | (712,157) | (678,513) | ||
Closing assets less liabilities as at 30 June | 1,032 | 1,035 | ||
The above schedule should be read in conjunction with the accompanying notes. | ||||
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