Annual Report 2014–15

6Financial reporting

Administered schedules

Administered Schedule of Comprehensive Income

Administered Schedule of Comprehensive Income for the period ended 30 June 2015
  Notes 2015
$’000
2014
$’000
Net cost of services
Expenses
Other Expenses 16A 53 60 984
Total expenses 53 60 984
Income
Revenue
Non-taxation revenue
Electoral fines/penalties 17A 967 2 242
Total non-taxation revenue 967 2 242
Total revenue 967 2 242
Net contribution/(cost of) by services 914 (58 742)
Total comprehensive income (loss) 914 (58 742)

Administered Schedule of Assets and Liabilities as at 30 June 2015

There were no administered assets or liabilities for the AEC.

Administered Reconciliation Schedule

Administered Reconciliation Schedule
  2015
$’000
2014
$’000
Opening assets less liabilities as at 1 July
Net cost of (contribution by) services:
Income 967 2 242
Expenses (53) (60 984)
Transfers (to) from Australian Government:
Transfers (to) from OPA (914) 58 742
Closing assets less liabilities as at 30 June

Administered Cash Flow Statement

Administered Cash Flow Statement for the period ended 30 June 2015
  Notes 2015
$’000
2014
$’000
Operating activities
Cash received
Electoral fines/penalties 960 2 237
Other 7 5
Total cash received 967 2 242
Cash used
Political Parties/Candidates 60 957
Refund of Electoral fines/penalties 53 27
Total cash used 53 60 984
Net cash flows from (used by) operating activities 914 (58 742)
Net increase (decrease) in Cash Held 19 914 (58 742)
Cash and cash equivalents at the beginning of the reporting period
Cash from Official Public Account for:
Appropriations 53 60 984
53 60 984
Cash to Official Public Account for:
Appropriations (967) (2 242)
(967) (2 242)
Cash and cash equivalents at the end of the reporting period

Administered Schedule of Commitments as at 30 June 2015

There were no administered commitments or contingencies for the AEC (2014: Nil).

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