Administered Cash Flow Statement
for the year ended 30 June 2021
2021 | 2020 | ||
$'m | $'m | ||
OPERATING ACTIVITIES | |||
Income tax | 348,869 | 317,561 | |
Indirect tax | 99,585 | 84,786 | |
Other revenue | 4,222 | 2,155 | |
Superannuation holding account | - | (9) | |
Subsidies paid | (99,965) | (45,308) | |
Personal benefits | (1,019) | (1,060) | |
Interest | (63) | (123) | |
Other | (982) | (705) | |
Net cash from operating activities | 350,647 | 357,297 | |
Cash at the beginning of the reporting period | 546 | 465 | |
Cash from the official public account | |||
Appropriations | 204,663 | 161,344 | |
Special accounts | 18 | 8 | |
Total cash used from the official public account | 204,681 | 161,352 | |
Cash to the official public account | |||
Administered receipts | (555,388) | (518,560) | |
Special accounts | (18) | (8) | |
Total cash to the official public account | (555,406) | (518,568) | |
Cash at the end of the reporting period | 468 | 546 | |
The above should be read in conjunction with the accompanying notes.
Accounting policy
The administered cash flow statement represents the total cash received or paid through primary operating activities of the ATO, and accordingly categories disclosed above are treated on a net basis. For example, a refund relating to income tax is defined as an overpayment of tax and treated as a reduction to the income tax category. Positive amounts represent an inflow and negative amounts represent an outflow for the relevant category. More detailed information in relation to refunds can be found in Note 19C special appropriations.
Visit
https://www.transparency.gov.au/annual-reports/australian-taxation-office/reporting-year/2020-21-21