In our opinion, the attached financial statements of the Future Fund Management Agency and the Board of Guardians (together the “Fund”) 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 grounds to believe that the Fund will be able to pay its debts as and when they fall due.

In preparing the financial statements, the Fund has applied an exemption from sections 6, 8 and 9 of the Financial Reporting Rules which has been provided by the Minister for Finance allowing the Fund to present a financial report in a format that complies with the ‘investment entity’ requirements under Australian Accounting Standards. The effect of this exemption is that the Fund will present its financial report as a single entity.