Department of Sustainability, Environment, Water, Population and Communities Annual Report 2011–12

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Maturities for non-derivative financial liabilities 2011
	On demand	Within 1 year	1 to 2 years	2 to 5 years	>5 years	Total
	$'000	$'000	$'000	$'000	$'000	$'000
Other liabilities
Trade creditors and accruals	-	5,175	-	-	-	5,175
Grants payable	-	45,853	-	-	-	45,853
Subsidies payable	-	3,883	-	-	-	3,883
Total	-	54,911	-	-	-	54,911

The Department had no derivative financial liabilities in either 2012 or 2011.

Note 26G. Market Risk

The Department holds basic financial instruments that do not expose the Department to certain market risks. The Department is not exposed to 'Currency Risk'. Interest Rate Risk The only interest bearing items on the balance sheet are the ‘Loans to State and Territory Governments’. These items have fixed interest and will not fluctuate due to changes in the market interest rate. Other Price Risk The Department’s administered activities are not exposed to “Other Price Risk’. Its administered investments are not traded on the Australian Stock Exchange. It does not hold any other financial instruments that would be exposed to price risk.

Administered – Financial Assets Reconciliation

		2012	2011
		$'000	$'000
Financial assets	Notes

Total financial assets as per schedule of administered assets and liabilities		596,884	602,762
Less: non-financial instrument components
GST receivable from the Australian Taxation Office		16,837	7,189
Other investments		570,761	583,789
Total non-financial instrument components		587,598	590,978
Total financial assets as per financial instruments note	26A	9,286	11,784

Appropriations


Table A. Annual Appropriations ('Recoverable GST exclusive')

	2012 Appropriations						Appropriation applied in 2012 (current and prior years)	Variance
	Appropriation Act		FMA Act			Total appropriation
	Annual Appropriation	Appropriations reduced¹	Section 30	Section 31	Section 32	Total appropriation
	$'000	$'000	$'000	$'000	$'000	$'000	$'000	$'000
DEPARTMENTAL
Ordinary annual services	515,334	(15,000)	10,685	91,576	(3,453)	599,142	(599,146)	(4)
Other services
Equity²	1,545	-	-		-	1,545	(708)	837
Total departmental	516,879	(15,000)	10,685	91,576	(3,453)	600,687	(599,854)	833
ADMINISTERED
Ordinary annual services
Administered items³	1,387,038	(447,791)	2,131		(118,257)	823,121	(828,642)	(5,521)
Payments to CAC Act bodies	-	-	-		-	-	-	-
Other services
States, ACT, NT and Local government⁴	78,432	(39,302)	-		(30,000)	9,130	(7,247)	1,883
Administered assets and liabilities⁵	410,889	-	-		-	410,889	(542,796)	(131,907)
Payments to CAC Act bodies	-	-	-		-	-	-	-
Total administered	1,876,359	(487,093)	2,131		(148,257)	1,243,140	(1,378,685)	(135,545)

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