2003 - 04 Annual Report - Sbs

117ConsolidatedCorporation16. Contingent liabilities and assets2004 2003 2004 2003$'000 $'000 $'000 $'000Quantifiable contingenciesContingent liabilitiesClaims for damages/costs 27 310 27 310Total contingent liabilities 27 310 27 310Contingent assetsClaims for damages/costs - - - -Total contingent assets - - - -Net contingent liabilities 27 310 27 310The Corporation is presently a defendant in several cases.The amounts represent the Corporation’s liability if unsuccessful.Unquantifiable contingenciesThere are no unquantifiable contingencies as at 30 June 2004.Remote contingenciesUnder its contract to lease the premises at Federation Square (Melbourne), the Corporation is required to meet some restorationcosts on termination of the lease (“make good”). The current contract expires in 2017, with an option to renew.17. AppropriationsDepartmentalOutputsLoans Equity TOTAL2004 2003 2004 2003 2004 2003 2004 2003$000 $000 $000 $000 $000 $000 $000 $000Year ended 30 JuneBalance carried forward fromprevious yearAppropriation Acts 1 and 3 145,776 137,452 - - - - 145,776 137,452Appropriation Acts 2 and 4 - - - 24,000 7,490 8,580 7,490 32,580Available for payment of CRF 145,776 137,452 - 24,000 7,490 8,580 153,266 170,032Payments made out of CRFBalance carried forward to next year145,776 137,452 - 24,000 7,490 8,580 153,266-170,032-Represented by:Appropriations Receivable - -This table reports on appropriations made by the Parliament of the Consolidated Revenue Fund (CRF) for payment to theCorporation. When received by the Corporation, the payments are legally the money of the Corporation and do not represent anybalance remaining in the CRF.