|
Settlement was made according to the terms and conditions of each grant within 30 days of performance or eligibility.
Administered – Cash Flow Reconciliation
|
2012
|
|
2011
|
|
$'000
|
|
$'000
|
Reconciliation of cash and cash equivalents as per Administered Schedule of Assets and Liabilities to Administered Cash Flow Statement
|
|
|
|
|
|
|
|
Cash and cash equivalents as per:
|
|
|
|
Schedule of administered cash flows
|
-
|
|
20
|
Schedule of administered assets and liabilities
|
-
|
|
20
|
Difference
|
-
|
|
-
|
|
|
|
|
Reconciliation of net cost of services to net cash from operating activities:
|
|
|
|
Net cost of services
|
(810,005)
|
|
(1,245,463)
|
|
|
|
|
Adjustments for non-cash items
|
|
|
|
Restructuring
|
28,827
|
|
6,919
|
Adjustment for errors
|
45
|
|
(1,201)
|
Other income not providing cash
|
(51,218)
|
|
(17,669)
|
Depreciation / amortisation
|
12
|
|
1,149
|
Net write down of non-financial assets
|
70,586
|
|
183,973
|
Other expenses not requiring cash
|
(57,353)
|
|
(58,399)
|
|
|
|
|
Changes in assets / liabilities
|
|
|
|
(Increase) / decrease in net receivables
|
(9,093)
|
|
891
|
(Increase) / decrease in inventories
|
208
|
|
1,262
|
(Increase) / decrease in other non financial assets
|
-
|
|
378
|
Increase / (decrease) in supplier payables
|
3,540
|
|
1,219
|
Increase / (decrease) in subsidies payable
|
(3,883)
|
|
3,883
|
Increase / (decrease) in grants payable
|
(12,519)
|
|
2,339
|
Net cash from (used by) operating activities
|
(840,853)
|
|
(1,120,719)
|
Administered – Contingent Assets and Liabilities
Quantifiable Administered Contingencies
There are no quantifiable contingencies in either the current or the immediately preceding reporting periods, therefore there is no schedule for such items.
Unquantifiable Administered Contingencies
As at 30 June 2012, the Department carries 1 instance of an unquantifiable administered contingent liability, whilst this contingency is considered remote, it has been reported for completeness (2011: Nil).
Significant Remote Administered Contingencies
The Department had no significant remote administered contingencies (2011: Nil).
Administered – Investments
The principal activities of each of the Department's administered investments were as follows (Refer to Note 20C):
|
Director of National Parks
Assists the Minister and the Department in the conservation and appreciation of Australia's biological diversity and associated cultural heritage, through leadership and cooperation in the management of the Commonwealth's protected areas.
Sydney Harbour Federation Trust
Is responsible for planning, managing, conserving, enhancing and making publicly accessible certain lands on or near the foreshores of Sydney Harbour.
|
Administered – Financial Instruments
|
2012
|
|
2011
|
|
$'000
|
|
$'000
|
Note 26A. Categories of Financial Instruments
|
|
|
|
|
|
|
|
Financial Assets
|
|
|
|
Loans and receivables:
|
|
|
|
Cash and cash equivalents
|
-
|
|
20
|
Advances and loans
|
8,116
|
|
10,039
|
Goods and services and other receivables
|
1,170
|
|
1,725
|
Total loans and receivables
|
9,286
|
|
11,784
|
|
|
|
|
Carrying amount of financial assets
|
9,286
|
|
11,784
|
|
|
|
|
Financial Liabilities
|
|
|
|
At amortised cost:
|
|
|
|
Trade creditors and accruals
|
8,715
|
|
5,175
|
Grants payable
|
33,334
|
|
45,853
|
Subsidies payable
|
-
|
|
3,883
|
Total financial liabilities at amortised cost
|
42,049
|
|
54,911
|
|
|
|
|
Carrying amount of financial liabilities
|
42,049
|
|
54,911
|
Note 26B. Net Income and Expense from Financial Assets
|
|
|
|
|
|
|
|
Loans and receivables
|
|
|
|
Interest revenue
|
894
|
|
1,074
|
Impairment
|
(402)
|
|
(160)
|
Net gain/(loss) from loans and receivables
|
492
|
|
914
|
|
|
|
|
Net gain/(loss) from financial assets
|
492
|
|
914
|
Note 26C. Net Income and Expense from Financial Liabilities
|
|
There have been no net gains/(losses) recorded for financial liabilities in 2012 financial year (2011: nil).
|
|
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