Department of Defence
SCHEDULE OF ADMINISTERED ITEMS
for the period ended 30 June 2009

  Notes 2009
$'000
2008
$'000
INCOME ADMINISTERED ON BEHALF OF GOVERNMENT
Revenue
Non-taxation revenue
Sale of goods and rendering of services 17A 22 3,625
Fees and fines 17B 2,874 -
Interest 17C 244 124
Dividends 17D 72,723 134,263
Military superannuation contributions 17E 831,091 756,982
Other revenue 17F 9,527 215
Total non-taxation revenue   916,481 895,209
Total revenues administered on behalf of Government   916,481 895,209
 
Gains
Foreign exchange gains 17G 671 -
Total gains administered on behalf of Government   671 -
 
TOTAL INCOME ADMINISTERED ON BEHALF OF GOVERNMENT   917,152 895,209
 
EXPENSES ADMINISTERED ON BEHALF OF GOVERNMENT
Employee benefits 18A 3,465,720 2,849,405
Subsidies 18B 35,302 11,284
Grants 18C - 26,800
Other expenses 18D 9 4,327
TOTAL EXPENSES ADMINISTERED ON BEHALF OF GOVERNMENT   3,501,031 2,891,816
 
ASSETS ADMINISTERED ON BEHALF OF GOVERNMENT
Financial assets
Cash and cash equivalents 19A - -
Receivables 19B 59,448 55,306
Investments 19C/25 1,882,388 1,767,825
Total financial assets   1,941,836 1,823,131
 
Non-financial assets
Other non-financial assets - prepayments 19D 90,361 85,506
Total non-financial assets   90,361 85,506
TOTAL ASSETS ADMINISTERED ON BEHALF OF GOVERNMENT   2,032,197 1,908,637
 
LIABILITIES ADMINISTERED ON BEHALF OF GOVERNMENT
Payables
Other payables 20A 38,444 25,242
Total payables   38,444 25,242
 
Provisions
Employee provisions 20B/21 42,659,000 33,622,000
Total provisions   42,659,000 33,622,000
TOTAL LIABILITIES ADMINISTERED ON BEHALF OF GOVERNMENT   42,697,444 33,647,242
 
Current Assets   149,809 140,812
Non-Current Assets   1,882,388 1,767,825
Current Liabilities   1,778,444 1,575,242
Non-Current Liabilities   40,919,000 32,072,000
 
ADMINISTERED CASH FLOWS
 
OPERATING ACTIVITIES
Cash received
Sale of goods and rendering of services   200 69
Fees and fines received   2,874 -
Interest   245 146
Net GST received   60 175
Superannuation contributions   866,674 790,924
Other   9,527 215
Total cash received   879,580 791,529
Cash used
Subsidies   (30,556) (12,200)
Employees   (1,650,486) (1,517,426)
Grants   - (26,800)
Net GST Paid   (60) -
Other cash used   (9) (4,502)
Total cash used   (1,681,111) (1,560,928)
Net cash flows from (used by) operating activities   (801,531) (769,399)
INVESTING ACTIVITIES
Cash received
Dividends   69,031 83,604
Total cash received   69,031 83,604
Net cash flows from (used by) investing activities   69,031 83,604
Net Increase (Decrease) in cash held   (732,500) (685,795)
 
Cash and cash equivalents at the beginning of the reporting period   - 39
Cash from Official Public Account for:
Appropriations   1,681,302 1,560,929
    1,681,302 1,560,929
Cash to Official Public Account for:
Appropriations   (948,774) (875,173)
    (948,774) (875,173)
Effect of exchange rate movements on cash and cash equivalents   (28) -
Cash and cash equivalents at the end of the reporting period 19A - -

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 statement should be read in conjunction with the accompanying notes.