Annual Report 2013–14

Financial statements

Administered schedules

Administered Schedule of Comprehensive Income

Administered Schedule of Comprehensive Income for the period ended 30 June 2014
  Notes 2014
$’000
2013
$’000
Expenses      
Other Expenses 16A 60 984 1
Total expenses administered on behalf of Government   60 984 1
Less:      
Own-source income      
Own-source revenue      
Non-taxation revenue      
Electoral fines/penalties 17A 2 242 32
Total non-taxation revenue   2 242 32
Total own-source revenue administered on behalf of Government   2 242 32
Total own-source income administered on behalf of Government   2 242 32
Net (cost of) contribution by services   (58 742) 31
Total comprehensive (loss) income   (58 742) 31

Administered Schedule of Assets and Liabilities as at 30 June 2014

There were no administered assets or liabilities for the AEC.

Administered Reconciliation Schedule

Administered Reconciliation Schedule
  2014
$’000
2013
$’000
Opening administered assets less administered liabilities as at 1 July    
Net cost of (contribution by) services:    
Administered income 2 242 32
Administered expenses (60 984) (1)
Administered transfers from/(to) Australian Government:    
Transfers from/(to) OPA 58 742 (31)
Closing administered assets less administered liabilities as at 30 June

Administered Cash Flow Statement

Administered Cash Flow Statement for the period ended 30 June 2014
  Notes 2014
$’000
2013
$’000
Operating activities      
Cash received      
Electoral fines/penalties   2 237 10
Other   5 22
Total cash received   2 242 32
Cash used      
Political Parties/Candidates   60 957
Refund of Electoral fines/penalties   27 1
Total cash used   60 984 1
Net cash flows (used by) from operating activities   (58 742) 31
Net (decrease) increase in Cash Held 19 (58 742) 31
Cash and cash equivalents at the beginning of the reporting period      
Cash from Official Public Account for:      
Appropriations   60 987
    60 987
Cash to Official Public Account for:      
Appropriations   (2 245) (31)
    (2 245) (31)
Cash and cash equivalents at the end of the reporting period  

Administered Schedule of Commitments as at 30 June 2014

There were no administered commitments for the AEC (2013: Nil).

Administered Schedule of Contingencies as at 30 June 2014

There were no administered contingencies for the AEC (2013: Nil).

This schedule should be read in conjunction with the accompanying notes.