ADMINISTERED RECONCILIATION SCHEDULE

for the period ended 30 June 2013

      2013   2012

 

Notes

  

$(*)

  

$(*)

Opening administered assets less administered liabilities as

 

 

 

  

 

at 1 July 2012

 

 

78,000

  

 

at 1 June 2012

 

 

 

   –
           

Surplus (deficit) items:

 

 

 

  

 

     Plus: Administered income

 

 

 

  

 

         Court-awarded penalties

 

 

261,660

  

(18,000)
     Less: Administered expenses     (41,250)   –

Administered transfers to Australian Government:

 

 

 

  

 

     Transfers to OPA

 

 

(296,610)

  

(9,240)

     Restructuring

 

 

–

  

105,240

Closing administered assets less administered liabilities as at 30 June

 

 

1,800

  

78,000