Skip to Content

Administered Schedule of Assets and Liabilities

Department of Veterans' Affairs
Administered Schedule of Assets and Liabilities

as at 30 June 2017

    2017 2016 Original
Budget
  Notes $'m $'m $'m
ASSETS        
Financial assets        
Cash and cash equivalents 4.1A 77 47 46
Receivables 4.1B 79 111 86
Equity accounted investments 4.1C 1,430 1,319 1,270
Total financial assets   1,586 1,477 1,402
         
Non-financial assets        
Buildings 4.2A 5 5 5
Total non-financial assets   5 5 5
         
Total assets administered on behalf of Government   1,591 1,482 1,407
         
LIABILITIES        
Payables        
Personal benefits payables 4.3A 173 150 -
Health care payables 4.3B 47 60 -
Grants payables   - - 1
Suppliers payables   49 38 33
Total payables   269 248 34
         
Provisions        
Employee provisions 6.1B 2 2 2
Personal benefits provisions 4.4A 7,099 6,737 5,829
Health care provisions 4.4B 4,090 3,431 2,694
Total provisions   11,191 10,170 8,525
         
Total liabilities administered on behalf of Government   11,460 10,418 8,559
         
Net liabilities   (9,869) (8,936) (7,152)

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

For budgetary reporting information refer to Note 8.2.

No votes yet