For 2008–09, the AEC recorded an operating surplus of $4.3 million. This is a turnaround from the $9.9 million deficit recorded in 2007–08. The movement between the financial years is mostly due to 2007–08 incurring expenditure for the 2007 federal election. Non-election expenses remained constant between the two years. Main movements were in:
The Balance Sheet as at 30 June 2009 shows total assets of $56.5 million and a total liabilities of $31.2 million. The total assets include cash and receivable of $30.3 million.
Net Assets have increased by $9 million (56 per cent). This increase can be attributed to:
The Australian National Audit Office issued an unqualified audit opinion for the AEC's 2008–09 financial statements.
There have been no developments that have affected or may affect the operations of the AEC in 2008–09.