Non-financial assets 5,014 4,957 57 4,980 5,014 4,957 57 4,980 assets assets assets 261,941 46,363 215,578 173,793 administered on behalf of LIABILITIES Government Payables Suppliers 127,076 42,435 84,641 21,642 Subsidies 24,973 28,427 (3,454) 14,810 Personal 6,692 3,352 3,340 9,441 benefits Grants - - - 459 Other 2,794,446 2,797,472 (3,026) 2,791,124 payables Total 2,953,187 2,871,686 81,501 2,837,476 payables Interest bearing - - - - liabilities Total interest - - - - bearing liabilities Total 2,953,187 2,871,686 81,501 2,837,476 liabilities administered Net liabilities (2,691,246) (2,825,323) 134,077 (2,663,683) on behalf of Government 1. Employment’s original budgeted financial statement that was first presented to parliament in respect of the reporting period was the Portfolio Budget Statements 2014–15. 2. Between actual and original budgeted amounts for 2015. Explanations of major variances are provided further below. 3. Employment’s revised budgeted financial statement that was presented to parliament in respect of the reporting period was the Portfolio Additional Estimates Statements 2014–15.
Non-financial assets assets 5,014 4,957 57 4,980 assets 5,014 4,957 57 4,980 assets administered on behalf of Government 261,941 46,363 215,578 173,793 LIABILITIES Payables Suppliers 127,076 42,435 84,641 21,642 Subsidies 24,973 28,427 (3,454) 14,810 Personal benefits 6,692 3,352 3,340 9,441 Grants - - - 459 Other payables 2,794,446 2,797,472 (3,026) 2,791,124 Total payables 2,953,187 2,871,686 81,501 2,837,476 Interest bearing liabilities - - - - Total interest bearing liabilities - - - - Total liabilities administered on behalf of Government 2,953,187 2,871,686 81,501 2,837,476 Net liabilities (2,691,246) (2,825,323) 134,077 (2,663,683) 1. Employment’s original budgeted financial statement that was first presented to parliament in respect of the reporting period was the Portfolio Budget Statements 2014–15. 2. Between actual and original budgeted amounts for 2015. Explanations of major variances are provided further below. 3. Employment’s revised budgeted financial statement that was presented to parliament in respect of the reporting period was the Portfolio Additional Estimates Statements 2014–15.
department_of_employment_2015_financial.docx