Administered Reconciliation Schedule as at 30 June 2018 2018 2017 $ $ Opening assets less liabilities as (101,206) (387,489) at 1 July Net cost of services Income 1,293,590 - Expenses Payments to entities other than (18,379,303) (16,680,920) Commonwealth entities Payments to Commonwealth (251,309) (382,419) entities Transfers from/(to) the Australian Government Appropriation transfers from Official Public Account Payments to entities other than 18,868,480 17,349,622 Commonwealth entities Appropriation transfers to Official Public Account Receipts from entities other than (1,293,590) - Commonwealth entities Closing assets less liabilities as 136,662 (101,206) at 30 June The above schedule should be read in conjunction with the accompanying notes. Accounting Policy
Administered Reconciliation Schedule as at 30 June 2018 2018 $ 2017 $ Opening assets less liabilities as at 1 July (101,206) (387,489) Net cost of services Income 1,293,590 - Expenses Payments to entities other than Commonwealth entities (18,379,303) (16,680,920) Payments to Commonwealth entities (251,309) (382,419) Transfers from/(to) the Australian Government Appropriation transfers from Official Public Account Payments to entities other than Commonwealth entities 18,868,480 17,349,622 Appropriation transfers to Official Public Account Receipts from entities other than Commonwealth entities (1,293,590) - Closing assets less liabilities as at 30 June 136,662 (101,206) The above schedule should be read in conjunction with the accompanying notes. Accounting Policy