as at 30 June 2013
The FWBII has no administered commitments (2012: Nil).
SCHEDULE OF ADMINISTERED CONTINGENCIESas at 30 June 2013
2013 | 2012 | |||
|
Notes |
$(*) |
$(*) |
|
|
||||
Administered contingent assets |
||||
Court-awarded penalties |
|
|
569,000 |
– |
Total administered contingent assets |
|
|
569,000 |
– |
Net administered contingent assets |
|
|
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.