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Financial statements FOR THE YEAR ENDED 30 JUNE 2006<br />

Table <strong>of</strong> Contents<br />

Independent Audit Report 114<br />

Statement by the Chief Executive Officer and Chief Finance Officer 117<br />

Income Statement 118<br />

Balance Sheet 119<br />

Statement <strong>of</strong> Cash Flows 120<br />

Statement <strong>of</strong> Changes in Equity 121<br />

Schedule <strong>of</strong> Commitments 122<br />

Schedule <strong>of</strong> Contingencies 123<br />

Schedule <strong>of</strong> Administered Items 124<br />

Note 1: Summary <strong>of</strong> Significant Accounting Policies 126<br />

Note 2: The Impact <strong>of</strong> the Transition to AEIFRS from Previous AGAAP 135<br />

Note 3: Events after the Balance Sheet Date 136<br />

Note 4: Income 137<br />

Note 5: Operating Expenses 138<br />

Note 6: Financial Assets 140<br />

Note 7: Non-Financial Assets 141<br />

Note 8: Payables 145<br />

Note 9: Provisions 146<br />

Note 10: Cash Flow Reconciliation 147<br />

Note 11: Contingent Liabilities and Assets 147<br />

Note 12: Executive Remuneration 148<br />

Note 13: Remuneration <strong>of</strong> Auditors 148<br />

Note 14: Average Staffing Levels 148<br />

Note 15: Financial Instruments 149<br />

Note 16: Income Administered on Behalf <strong>of</strong> Government 151<br />

Note 17: Expenses Administered on Behalf <strong>of</strong> Government 151<br />

Note 18: Assets Administered on Behalf <strong>of</strong> Government 151<br />

Note 19: Liabilities Administered on Behalf <strong>of</strong> Government 151<br />

Note 20: Administered Reconciliation Table 151<br />

Note 21: Appropriations 152<br />

Note 22: Special Accounts 154<br />

Note 23: Compensation and Debt Relief 155<br />

Note 24: Reporting <strong>of</strong> Outcomes 155<br />

Part 7<br />

Financial sTATEMENTS<br />

<strong>Family</strong> <strong>Court</strong> <strong>of</strong> Australia Annual Report 2005–2006 113

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