Annual report [1997-98] - Family Court of Australia

The Family Court of Australia – annual report 1997-98
FAMILYCOURTOF AUSTRALIA
NOTES TO AND FORMING PARTOFTHE FINANCIALSTATEMENTS
forthe yearended 30 June 1998
TOTALTRUST FUNDS
1997/98 1996/97
$ $
Balance at beginning of financial year 128,710 69,597
Receipts 260,814 291,729
Payments 212,937 232,616
Balance at end of financial year 176,587 128,710
Represented by:
Cash on hand 6,587 128,710
Investments 170,000 0
Total 176,587 128,710
The above investment was made on 30 June 1998 in the Department of Finance and
Administration’s ‘Internal Treasury Bills’at interest rate of 1% per annum. Principal will
be repaid in full at maturity, 30 June 1999.
NOTE 28 - RECEIPTS AND PAYMENTS OFTHE TRUSTFUND (BANK
ACCOUNTS OUTSIDE THE COMMONWEALTH PUBLIC ACCOUNT)
Moneys held by the Court on behalf of third parties (Legal Authority - Family Law
Rules Order 33 Rule 10).
1997/98 1996/97
$ $
Moneys received 27,290 18,368
Total 27,290 18,368
NOTE 29 - EXECUTIVES’REMUNERATION
The number of executive officers of the Court who received or were due to receive total
remuneration of $100,000 or more:
1997/98 1996/97
REMUNERATION OF NUMBER NUMBER
$100,000 - $110,000 8 13
$110,001 - $120,000 3 6
$120,001 - $130,000 2 1
$130,001 - $140,000 2 1
$140,001 - $150,000 1 0
$150,001 - $160,000 2 0
$180,001 - $190,000 1 1
The aggregate amount of total remuneration of
executive officers shown above 2,349,910 2,463,338
The aggregate amount of performance pay paid
during the year to executive officers shown above 70,000 nil
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