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2002-03 Financial Statements

Department of Defence
Notes To And Forming Part Of The Financial Statements
for the year ended 30 June 2003
2002-03 2001-02
$'000 $'000
Note 21: Assets Administered on Behalf of Government
Financial Assets
Cash
Cash at bank - Defence 43,354 121
Cash at bank - Comsuper 36,871 -
Total cash 80,226 121
Receivables
Goods and services - United Nations 50,000 169,164
Other - accrued military superannuation contributions 946 932
Other - intercompany transfers within Defence - 6,734
Total receivables (net) 50,946 176,830
Receivables (gross) are aged as follows:
Not overdue 50,946 7,666
Overdue by:
Less than 30 days - -
30 to 60 days - -
60 to 90 days - -
More than 90 days - 169,164
Total receivables (gross) 50,946 176,830
Investments
Commonwealth authorities - Defence Housing Authority* 1,258,883 1,258,883
Total investments 1,258,883 1,258,883
Non-financial assets
Land and buildings - 84,409
Prepayments - retention benefits 74,018 -
Total non-financial assets 74,018 84,409
Total assets administered on behalf of Government 1,464,073 1,520,243
* The Commonwealth holds 100% interest in Defence Housing Authority. The principle activity of Defence Housing Authority is: - to provide total housing services that meet Defence operational and client needs.