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Queensland University of Technology 2011 Annual Report - QUT

Queensland University of Technology 2011 Annual Report - QUT

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<strong>Queensland</strong> <strong>University</strong> <strong>of</strong> <strong>Technology</strong>Notes to the financial statements31 December <strong>2011</strong>(continued)38 Acquittal <strong>of</strong> Australian Government financial assistance (continued)38.2 Higher Education Loan Programs (excl OS-HELP)HECS-HELP(AustralianGovernmentpayments only) FEE-HELP TotalNotes <strong>2011</strong> 2010 <strong>2011</strong> 2010 <strong>2011</strong> 2010$'000 $'000 $'000 $'000 $'000 $'000Financial assistance received in CASH during the reporting period (total cash received from the Australian Government forthe Programs) 133,013 141,943 15,810 13,969 148,824 155,912Net accrual adjustments 3,770 (12,145) (1,000) (2,707) 2,770 (14,852)Revenue for the period2(b) 136,784 129,798 14,810 11,262 151,594 141,060Surplus / (deficit) from the previous year - - - - - -Total revenue including accrued revenue136,784 129,798 14,810 11,262 151,594 141,060Less expenses including accrued expenses (136,784) (129,798) (14,810) (11,262) (151,594) (141,060)Surplus / (deficit) for reporting period- - - - - --59-PAGE 100 | <strong>QUT</strong> ANNUAL REPORT <strong>2011</strong>

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