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DEPARTMENT OF VETERANS' AFFAIRS ADMINISTERED SCHEDULE OF ASSETS AND LIABILITIES

as at 30 June 2013

Assets and Liabilities
    2013 2012
  Notes $'m $'m
ASSETS      
Financial assets      
Cash and cash equivalents 18A 79 63
Receivables 18B 87 68
Investments accounted for using the equity method 18C 1,230 1,226
Total financial assets   1,396 1,357
Total assets administered on behalf of Government   1,396 1,357
LIABILITIES      
Payables      
Personal benefits payables 19A 102 84
Health care payables 19B 67 89
Grants payables 19C 1 1
Other payables 19D 42 35
Total payables   212 209
Provisions      
Personal benefits provisions 20A 3,353 3,510
Health care provisions 20B 1,786 1,810
Total provisions   5,139 5,320
Total liabilities administered on behalf of government   5,351 5,529
Net liabilities   (3,955) (4,172)

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

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