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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.