Education

Note 1: Administered financial statements
1.1
Schedule of
Administered
Income and
Expenses
Administered revenue and
other income from transactions
Revenue from government
Notes
2013
Budget
$’000
2013
Actual
$’000
2012
Actual
$’000
Appropriation revenue – recurrent 2.10(a), 17.2 236,694 233,524 231,895
Grants 2.10(b), 17.3 569 2,703 661
Sales of goods and services 2.10(c), 17.4 343 155 153
Fees and fines 2.10(d), 17.5 – 12 24
Other revenue 2.10(g), 17.6 – 9 5
Total administered revenue and other
income from transactions
Administered expenses from transactions
237,606 236,403 232,738
Grants and subsidies 2.11(c), 17.7 236,694 236,232 231,877
Transfers to the Consolidated Fund 912 171 864
Total administered expenses from transactions 237,606 236,403 232,741
Administered net result from transactions
attributable to the state
– – (3)
Other economic flows – – –
Administered comprehensive result – – (3)
This Schedule of Administered Income and Expenses should be read in conjunction with the accompanying notes.
Budget information refers to original estimates for the department and has not been subject to audit.
Explanations of material variances between budget and actual outcomes are provided in note 17.1 of the accompanying notes.
1.2
Schedule of
Administered
Assets and
Liabilities
Administered assets
Administered financial assets
Notes
2013
Budget
$’000
2013
Actual
$’000
2012
Actual
$’000
Cash and deposits 2.13(a), 17.9 – – –
Receivables 2.13(b), 17.8 – – –
Total administered assets – – –
Administered net assets – – –
Administered equity
Accumulated funds – – –
Total administered equity – – –
This Schedule of Administered Income and Expenses should be read in conjunction with the accompanying notes.
Budget information refers to original estimates for the department and has not been subject to audit.
Explanations of material variances between budget and actual outcomes are provided in note 17.1 of the accompanying notes.
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