Department of Defence
SCHEDULE OF ADMINISTERED ITEMS
for the period ended 30 June 2008

  Notes 2008
$'000
2007
$'000
INCOME ADMINISTERED ON BEHALF OF GOVERNMENT
Revenue
Non-taxation revenue
Sale of goods and rendering of services 17A 40 235
Interest 17B 124 12,277
Dividends 17C 134,263 77,599
Military superannuation contributions 17D 756,982 700,595
Other revenue 17E 215 (466)
Total non-taxation revenue   891,624 790,240
Total revenues administered on behalf of Government   891,624 790,240
 
TOTAL INCOME ADMINISTERED ON BEHALF OF GOVERNMENT   891,624 790,240
 
EXPENSES ADMINISTERED ON BEHALF OF GOVERNMENT
Employees 18A 2,849,405 2,794,512
Subsidies 18B 11,284 10,487
Grants 18C 26,800 -
Other expenses 18D 4,327 -
TOTAL EXPENSES ADMINISTERED ON BEHALF OF GOVERNMENT   2,891,816 2,804,999
 
ASSETS ADMINISTERED ON BEHALF OF GOVERNMENT
Financial assets
Cash and cash equivalents 19A - 39
Receivables 19B 51,721 490
Investments 19C/25 1,069,443 1,098,624
Total financial assets   1,121,164 1,099,153
 
Non-financial assets
Prepayments 19D 85,506 88,955
Total non-financial assets   85,506 88,955
TOTAL ASSETS ADMINISTERED ON BEHALF OF GOVERNMENT   1,206,670 1,188,108
 
LIABILITIES ADMINISTERED ON BEHALF OF GOVERNMENT
Payables
Subsidies 20A - 898
Other payables 20B 25,242 17,469
Total payables   25,242 18,367
 
Provisions
Employee provisions 20C/21 33,622,000 32,460,000
Total provisions   33,622,000 32,460,000
TOTAL LIABILITIES ADMINISTERED ON BEHALF OF GOVERNMENT   33,647,242 32,478,367
 
Current assets   55,522 89,484
Non-current assets   1,151,148 1,098,624
Current liabilities   1,575,242 1,563,367
Non-current liabilities   32,072,000 30,915,000
 
ADMINISTERED CASH FLOWS
 
OPERATING ACTIVITIES
Cash received
Rendering of services   69 342
Interest   146 12,374
Net GST received from ATO   175 -
Superannuation contributions   790,924 707,649
Other cash received   215 (466)
Total cash received   791,529 719,899
Cash used
Subsidies   (12,200) (9,589)
Employees   (1,517,426) (1,481,585)
Grants   (26,800) -
Other cash used   (4,502) -
Total cash used   (1,560,928) (1,491,174)
Net cash flows from (used by) operating activities   (769,399) (771,275)
INVESTING ACTIVITIES
Cash received
Dividends   83,604 77,599
Total cash received   83,604 77,599
Net cash flows from (used by) investing activities   83,604 77,599
Net Increase (Decrease) in cash held   (685,795) (693,676)
 
Cash and cash equivalents at the beginning of the reporting period   39 188
Cash from the Official Public Account for:
Appropriations   1,560,929 1,516,290
    1,560,929 1,516,290
Cash to the Official Public Account for:
Appropriations   (875,173) (822,763)
    (875,173) (822,763)
Effect of exchange rate movements on cash and cash equivalents   - -
Cash and cash equivalents at the end of reporting period 19A - 39

Administered activities performed by Defence on behalf of the Government relate mainly to the provision of superannuation and housing support services to current and retired Defence personnel. Defence also administers reimbursements from the United Nations for costs associated with East Timor and returns the receipts to the Government.

The above schedule should be read in conjunction with the accompanying notes.