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Administered Schedule of Assets and Liabilities

Department of Veterans' Affairs
Administered Schedule of Assets and Liabilities

as at 30 June 2018

     2018   2017   Original 
Budget 
  Notes $'m  $'m  $'m 
The above statement should be read in conjunction with the accompanying notes.

For budgetary reporting information refer to Note 8.2.

ASSETS        
Financial assets        
Cash and cash equivalents 4.1A 57 77 38
Receivables 4.1B 63 79 120
Equity accounted investments 4.1C 1,463 1,430 1,316
Total financial assets   1,583 1,586 1,474
         
Non-financial assets        
Buildings 4.2A 70 5 5
Total non-financial assets   70 5 5
         
Total assets administered on behalf of Government   1,653 1,591 1,479
         
LIABILITIES        
Payables        
Personal benefits payables 4.3A 163 173
Health care payables 4.3B 50 47
Grants payables   1
Suppliers payables   30 49 38
Total payables   244 269 38
         
Provisions        
Employee provisions   2 2 2
Personal benefits provisions 4.4A 8,559 7,099 7,442
Health care provisions 4.4B 4,896 4,090 3,651
Total provisions   13,457 11,191 11,095
         
Total liabilities administered on behalf of Government   13,701 11,460 11,133
         
Net liabilities   (12,048) (9,869) (9,654)
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