Go to top of page

Administered Reconciliation Schedule

Administered Reconciliation Schedule

2019

2018

Notes

$’000

$’000

Opening assets less liabilities as at 1 July

0

0

Net cost of services

Expenses

Payments to entities other than corporate Commonwealth entities

(19)

(20)

Transfers from the Australian Government

Appropriation transfers from Official Public Account

Annual appropriations

Payments to entities other than corporate Commonwealth entities

19

20

Closing assets less liabilities as at 30 June

0

0

The above schedule should be read in conjunction with the accompanying notes.

Accounting Policy

Administered Cash Transfers from the Official Public Account

Cash is drawn from the OPA to make payments under Parliamentary appropriation on behalf of Government. These transfers to and from the OPA are adjustments to the administered cash held by the entity on behalf of the Government and reported as such in the schedule of administered cash flows and in the administered reconciliation schedule.