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as at 30 June 2013
The FWBII has no administered commitments (2012: Nil).
SCHEDULE OF ADMINISTERED CONTINGENCIESas at 30 June 2013
| 2013 | 2012 | |||
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Notes |
$(*) |
$(*) |
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Administered contingent assets |
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Court-awarded penalties |
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569,000 |
– |
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Total administered contingent assets |
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569,000 |
– |
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Net administered contingent assets |
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|
569,000 |
– |
The FWBII has 5 quantifiable administered contingent assets with a total value of $569,000. (2012: nil).
Details of contingencies that cannot be quantified and significant remote contingencies are disclosed in Note 18.
Comparative data reported for the 2011-12 financial year represents one month’s activity only. Refer to Note 1.19
The above schedules should be read in conjunction with the accompanying notes.
(*) These amounts are rounded to the nearest dollar, as required by the Finance Minister’s Orders.