Note 13 User charges and fees Contributions by senior officers to the Government Vehicle 2018 2017 20 28 Scheme $000 $000 Australian Apprenticeships Incentive Program 113 197 Fees 96 137 Other miscellaneous revenue 17 38 Total charges and fees 96 137 Total other revenue 186 331 Revenue is recognised and measured at the fair value of consideration Grants and other non-reciprocal contributions received or receivable. Revenue is recognised for the major business Revenue is recognised at fair value when the Commission obtains activities as follows: control over the assets comprising the contributions, usually when cash is received. Revenue is recognised by reference to the stage of completion of the transaction. Other non-reciprocal contributions that are not contributions by owners are recognised at their fair value. Contributions of services are only Net Appropriation Determination recognised when a fair value can be reliably determined and the The Treasurer may make a determination providing for prescribed services would be purchased, if not donated. receipts to be retained for services under the control of the Commission. In accordance with the most recent determination, as quantified in the 2017-18 Budget Statements, the Commission retained $895 000 ($898 000 in 2017) from the following: Proceeds from fees and charges GST Input Credits GST Receipts on Sales Other Receipts. Note 14 Other revenue 2018 2017 $000 $000 Recoups 36 68
Note 13 User charges and fees 2018 $000 2017 $000 Fees 96 137 Total charges and fees 96 137 Revenue is recognised and measured at the fair value of consideration received or receivable. Revenue is recognised for the major business activities as follows: Revenue is recognised by reference to the stage of completion of the transaction. Net Appropriation Determination The Treasurer may make a determination providing for prescribed receipts to be retained for services under the control of the Commission. In accordance with the most recent determination, as quantified in the 2017-18 Budget Statements, the Commission retained $895 000 ($898 000 in 2017) from the following: Proceeds from fees and charges GST Input Credits GST Receipts on Sales Other Receipts. Note 14 Other revenue 2018 $000 2017 $000 Recoups 36 68 Contributions by senior officers to the Government Vehicle Scheme 20 28 Australian Apprenticeships Incentive Program 113 197 Other miscellaneous revenue 17 38 Total other revenue 186 331 Grants and other non-reciprocal contributions Revenue is recognised at fair value when the Commission obtains control over the assets comprising the contributions, usually when cash is received. Other non-reciprocal contributions that are not contributions by owners are recognised at their fair value. Contributions of services are only recognised when a fair value can be reliably determined and the services would be purchased, if not donated.
psc_annual_report_2017-18.docx