AUSTRALIAN CRIME COMMISSION Statement by the Chief Executive Officer and Chief Finance Officer In our opinion, the attached financial statements for the year ended 30 June 2004 are based on properly maintained financial records and give a true and fair view of the matters required by The Finance Minister’s Orders made under the Financial Management and Accountability Act 1997. ……………………… Alastair Milroy Andrew Phelan Chief Executive Officer Chief Finance Officer 15 September 2004 15 September 2004 94 I ACC ANNUAL REPORT 2003–04 ………………………
AUSTRALIAN CRIME COMMISSION STATEMENT OF FINANCIAL PERFORMANCE for the year ended 30 June 2004 Notes 2004 01.01.03- 30.06.03 Revenues from ordinary activities $ $ Revenues from Government 4A 65,850,235 34,489,900 Services provided by State and Territory Police 4B 6,234,061 847,345 Revenue from Sale of Goods and Services 4C 1,809 18 Revenue from sale of assets 4D 11,324 2,549 Other revenues 4E 1,527,040 609,448 Revenues from ordinary activities 73,624,469 35,949,260 Expenses from ordinary activities (excluding borrowing costs expense) Employees 5A 28,529,091 12,922,167 Suppliers 5B 25,146,479 12,618,718 Services provided by State, Territory and other 5C 17,822,612 6,246,413 Commonwealth Agencies Value of assets sold 4D 273,107 53,848 Depreciation and amortisation 5D 4,896,824 1,923,839 Write down of assets 5E 81,899 432,508 Expenses from ordinary activities (excluding borrowing cost expense) 76,750,012 34,197,493 Borrowing costs expense 6 21,444 22,793 Net surplus / (deficit) (3,146,987) 1,728,974 Net credit (debit) to asset revaluation reserve Increase / (decrease) in accumulated results on initial application of fair value under accounting standard AASB 1041 Revaluation of Non-current Assets - - 987,145 (1,539,326) Total revenues, expenses and valuation adjustments recognised directly in equity - (552,181) Total changes in equity other than those resulting from transactions with the <strong>Australian</strong> Government as owners The above statement should be read in conjunction with the accompanying notes. (3,146,987) 1,176,793 ACC ANNUAL REPORT 2003–04 I 95 6A APPENDIX A: FINANCIAL STATEMENTS