Department of Sustainability, Environment, Water, Population and Communities Annual Report 2011–12
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Cash Flow Reconciliation
Contingent Assets and Liabilities
Quantifiable Contingencies The Schedule of Contingencies contains $3,428,000 of contingent assets in respect to claims for damages/costs (2011: $4,214,000). The amount represents losses arising from events insured by the Australian Antarctic Division and insurance claims which are still pending as at 30 June 2012. Unquantifiable Contingencies As at 30 June 2012, the Department carries 1 instance of an unquantifiable contingent liability (2011: Nil). Significant Remote Contingencies The Department has entered into an arrangement with CIT Aerospace to guarantee Skytraders Pty Ltd financial performance of the A319 Airlink lease. The liability under the guarantee is capped at US$500 million; however this amount is then matched by the insurance obligations under the lease. The net effect is A$0. 2012: Nil (2011: Nil) Related Party Disclosures Loans to Key Management Personnel or Key Management Personnel-Related Entities In 2012, no loans were made to key management personnel or key management personnel-related entities (2011: Nil). Other Transactions with Key Management Personnel or Key Management Personnel-Related Entities In 2012, no grants were made to key management personnel or key management personnel-related entities (2011: Nil). Senior Executive Remuneration
Directory: system -> files -> resources resources -> Environmental Best Practice Port Development: An Analysis of International Approaches resources -> The National Heritage List and Commonwealth Heritage List: 1 july 2008 30 june 2013 resources -> Reference list for water related coal seam gas and coal mining research resources -> Michigan Association of Intermediate School Administrators isd sections of Law resources -> Executive Summary 3 Background 4 Developing the National Television and Computer Recycling Scheme 4 resources -> Threat abatement plan for disease in natural ecosystems caused by resources -> Sawfish and River Sharks Multispecies Issues Paper resources -> Wildlife Trade Management Plan – Queensland Crocodile Farming Download 5.6 Mb. Share with your friends:
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