CQUniversity Annual Report - Central Queensland University

CQUniversity ANNUAL REPORT 2012Parent entity75Central Queensland Universityand Controlled EntitiesNotes to the Financial Statementsfor the year ended 31 December 2012Note 42. Acquittal of Australian Government financial assistance (continued)42.4 DIISRTE Research (continued)SustainableResearchExcellence inUniversitiesTotalNotes 2012 2011 2012 2011$'000 $'000 $'000 $'000Financial assistance received in cash during the reporting period(total cash received from the Australian Government for thePrograms) 323 237 4,028 3,978Net accrual adjustments - - - -Revenue for the period 3(d) 323 237 4,028 3,978Surplus/(Deficit) from the previous year 92 157 142 257Total revenue including accrued revenue 415 394 4,170 4,235Less expenses including accrued expenses (382) (302) (4,103) (4,093)Surplus/(Deficit) for reporting period 33 92 67 142ANNUAL FINANCIAL STATEMENTS