Annual Report 2015–2016

Administered Reconciliation Schedule
2016 2015
$’000 $’000
Opening assets less liabilities as at 1 July (15,935) (88,924)
Net (cost of)/contribution by services
Income 18,450 14,878
Expenses
Payments to Australian Government entities (12,137) (14,664)
Payments to entities other than Australian Government entities (816,646) (835,685)
Transfers (to)/from the Australian Government
Appropriation transfers from Official Public Account
Annual appropriations
Payments to entities other than Australian Government entities 840,583 905,715
Transfers (to)/from the Australian Government (20,045) 2,745
Closing assets less liabilities as at 30 June (5,730) (15,935)
This schedule should be read in conjunction with the accompanying notes.
Administered Cash Transfers to and from the Official Public Account
Revenue collected by the NHMRC for use by the Government rather than the agency is administered revenue. Collections are
transferred to the Official Public Account (OPA) maintained by the Department of Finance. Conversely, cash is drawn from the
OPA to make payments under Parliamentary appropriation on behalf of Government. These transfers to and from the OPA are
adjustments to the administered cash held by the NHMRC on behalf of the Government and reported as such in the statement of
cash flows in the schedule of administered items and in the administered reconciliation table in Note 5.4: Administered - Cash
Flow Reconciliation.
PART 5 financial report
Administered Cash Flow Statement
for the period ending 30 June 2016
2016 2015
Notes $’000 $’000
OPERATING ACTIVITIES
Cash received
Rendering of services 19,180 16,654
GST received 23,409 25,897
Total cash received 42,589 42,551
Cash used
Grants - Medical Research (MREA) 825,717 905,804
Other expenses incurred in the provision of grants 13,568 18,736
GST paid 23,842 26,514
Total cash used 863,127 951,054
Net cash (used by) operating activities 5.4 (820,538) (908,503)
Cash and cash equivalents at the beginning of the reporting period - 43
Cash from Official Public Account
Appropriations 840,583 905,715
Special accounts - 2,745
Total cash from Official Public Account 840,583 908,460
Cash to Official Public Account
Special accounts 20,045 -
Total cash to the Official Public Account 20,045 -
Cash and cash equivalents at the end of the reporting period 5.4 - -
This schedule should be read in conjunction with the accompanying notes.
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