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CQUniversity Annual Report - Central Queensland University

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78<br />

<strong>Central</strong> <strong>Queensland</strong> <strong>University</strong><br />

and Controlled Entities<br />

Notes to the Financial Statements<br />

for the year ended 31 December 2012<br />

Note 42. Acquittal of Australian Government financial assistance (continued)<br />

42.7 Australian Research Council Grants<br />

(i) Discovery<br />

Projects Total<br />

Notes 2012 2011 2012 2011<br />

$'000 $'000 $'000 $'000<br />

Financial assistance received in cash during the reporting period<br />

(total cash received from the Australian Government for the<br />

Programs) 244 83 244 83<br />

Net accrual adjustment - - - -<br />

Revenue for the period 3(e)(i) 244 83 244 83<br />

Surplus/(Deficit) from the previous year 16 92 16 92<br />

Total revenue including accrued revenue 260 175 260 175<br />

Less expenses including accrued expenses (221) (159) (221) (159)<br />

Surplus/(Deficit) for reporting period 39 16 39 16<br />

Parent entity

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