Part 4: Financial Statements – HTML version

Notes to and forming part of the Financial Statements

Note 22: Liabilities Administered on Behalf of Government
	2004 $'000	2003 $'000
Interest Bearing Liabilities
Loans
Owing to the Commonwealth Bank - Student Financial Supplement Scheme	574,521	734,520
Maturity schedule for loans:
Payable:
Within one year	187,028	210,218
In one to five years	387,493	524,302
*Total loans*	574,521	734,520
Payables
Personal Benefits payable	4,081,504	1,391,216
Grants & Subsidies
Public Sector
State & Territory governments	165	10,652
Local government	1,628	825
Private sector - Non-profit entities	8,718	5,252
Other entities	6,599	5,790
*Total grants and subsides*	17,110	22,519
Child support liability
ATO Payable - payments funded by ATO on behalf of CSA	4,733	1,030
CSA Creditors	11,180	12,668
Payments in advance	11,692	9,295
Accrued Child Support Payable	86,060	77,337
*Total child support liability*	113,665	100,330
Other payables
Student Financial Supplement Scheme	8,724	9,221
Centrelink Overdraft	-	132,249
Other	8,221	11,625
*Total other payables*	16,945	153,095
*Total payables*	4,229,224	1,667,160
*Total Liabilities Administered on Behalf of Government*	4,803,745	2,401,680