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Australian Taxation Office Annual Report 2020-21

18: Administered - current/non-current distinction for assets and liabilities

	2021	2020
	$'m	$'m
Note 18: Administered current/non-current distinction for assets and liabilities

Assets expected to be recovered in:
No more than 12 months
Cash and cash equivalents	468	546
Receivables	16,205	22,562
Accrued revenues	13,499	11,725
Total no more than 12 months	30,172	34,833
More than 12 months
Receivables	13,760	12,448
Accrued revenues	708	577
Total more than 12 months	14,468	13,025
Total assets	44,640	47,858

Liabilities expected to be settled in:
No more than 12 months
Payables
Subsidies	363	447
Personal benefits	11	9
Superannuation guarantee charge	62	43
Taxation refunds due	1,196	1,216
Superannuation holding account	19	26
Other payables	3	2
Provisions
Subsidies	4,212	22,928
Personal benefits	1,032	1,037
Other accrued expenses	10	10
Income taxation refunds	1,886	1,610
Indirect taxation refunds	216	278
Superannuation guarantee payments	696	778
Unclaimed superannuation payments	469	177
Other refunds	15	23
Interest on overpayment of taxes	11	19
Total no more than 12 months	10,201	28,603
More than 12 months
Payables
Superannuation holding account	57	50
Provisions
Subsidies	215	303
Personal benefits	118	130
Other accrued expenses	18	27
Unclaimed superannuation payments	306	329
Total more than 12 months	714	839
Total liabilities	10,915	29,442

https://www.transparency.gov.au/annual-reports/australian-taxation-office/reporting-year/2020-21-40