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Note 31: Net Cash Appropriation Arrangements

Net Cash Appropriation Arrangements
  2013
$’000
2012
$’000
Total comprehensive income (loss) less depreciation/amortisation expenses previously funded through revenue appropriations1 8,457 (7,390)
Less: depreciation/amortisation expenses previously funded through revenue appropriation (27,641) (24,376)
Total comprehensive income (loss) - as per the Statement of Comprehensive Income (19,184) (31,766)

1From 2010-11, the Government introduced net cash appropriation arrangements, where revenue appropriations for depreciation/amortisation expenses ceased. Entities now receive a separate capital budget provided through equity appropriations. Capital budgets are to be appropriated in the period when cash payment for capital expenditure is required.

Notes to and forming part of the financial statements

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