as at 30 June 2014

Administered Reconciliation Schedule as at 30 June 2014
  2014
$(1)
2013
$(1)
Opening Administered Assets Less Administered Liabilities
as at 1 July
1,800 78,000
Net contribution by services:    
Administered income 1,894,618 291,660
Administered expenses (28,760) (41,250)
Administered transfers to / from Australian Government::    
Transfers to Official Public Account (1,095,545) (296,610)
Transfers to Official Public Account by other agencies (265,000) (30,000)
Closing Administered Assets Less Administered Liabilities
as at 30 June
507,113 1,800

1 These amounts are rounded to the nearest dollar, as required by the Finance Minister’s Orders.

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