AUSTRALIAN CUSTOMS SERVICE – SCHEDULE OF ADMINISTERED ITEMS
|
|
|
2005 |
2004 |
|
|
Notes |
$’000 |
$’000 |
Revenues Administered on Behalf of Government |
|
|
|
|
for the year ended 30 June 2005 |
|
|
|
|
Taxation revenue |
|
|
|
|
Customs duty |
19 |
5,560,803 |
5,654,751 |
|
Other taxes |
19 |
492,401 |
449,486 |
|
Total taxation revenue |
|
6,053,204 |
6,104,237 |
|
Non-taxation revenue |
|
|
|
|
Interest |
19 |
212 |
39 |
|
Other sources of non-taxation revenue |
19 |
11,049 |
7,511 |
|
Total non-taxation revenue |
|
|
11,261 |
7,550 |
Total Revenues Administered on Behalf of Government |
|
6,064,465 |
6,111,787 |
|
Expenses Administered on Behalf of Government |
|
|
|
|
for the year ended 30 June 2005 |
|
|
|
|
Doubtful and bad debts |
20 |
4,357 |
22,875 |
|
ACIS credits applied on duty |
20 |
531,083 |
586,861 |
|
Other expenses |
20 |
255 |
248 |
|
Total Expenses Administered on Behalf of Government |
|
535,695 |
609,984 |
|
This schedule should be read in conjunction with the accompanying notes.
AUSTRALIAN CUSTOMS SERVICE – SCHEDULE OF ADMINISTERED ITEMS (continued)
|
|
|
2005 |
2004 |
|
|
Notes |
$’000 |
$’000 |
Assets Administered on Behalf of Government |
|
|
|
|
as at 30 June 2005 |
|
|
|
|
Financial assets |
|
|
|
|
Cash |
21 |
3,441 |
3,074 |
|
Receivables |
21 |
76,938 |
71,321 |
|
Total financial assets |
|
|
80,379 |
74,395 |
Non-financial assets |
|
|
|
|
Inventories |
21 |
69 |
163 |
|
Total non-financial assets |
|
|
69 |
163 |
Total Assets Administered on Behalf of Government |
|
80,448 |
74,558 |
|
Liabilities Administered on Behalf of Government |
|
|
|
|
as at 30 June 2005 |
|
|
|
|
Liabilities |
|
|
|
|
Other interest bearing liabilities |
22 |
2,926 |
2,785 |
|
Payables |
22 |
2,889 |
4,454 |
|
Special Accounts |
22 |
9,513 |
12,683 |
|
Total Liabilities Administered on Behalf of Government |
|
15,328 |
19,922 |
|
Net Assets Administered on Behalf of Government |
|
65,120 |
54,636 |
|
Current Assets |
|
|
80,448 |
74,558 |
Non-current Assets |
|
|
- |
- |
Current Liabilities |
|
|
15,328 |
19,922 |
Non-current Liabilities |
|
|
- |
- |
This schedule should be read in conjunction with the accompanying notes.
AUSTRALIAN CUSTOMS SERVICE – SCHEDULE OF ADMINISTERED ITEMS (continued)
|
|
|
2005 |
2004 |
|
|
Notes |
$’000 |
$’000 |
Administered Cash Flows |
|
|
|
|
for the year ended 30 June 2005 |
|
|
|
|
OPERATING ACTIVITIES |
|
|
|
|
Cash Received |
|
|
|
|
Customs duty |
|
5,337,412 |
5,306,258 |
|
Other taxes |
|
489,256 |
433,972 |
|
Interest |
|
212 |
39 |
|
Return of Tourist Refund Scheme Drawings* |
|
642 |
753 |
|
Other non-tax revenue |
|
1,473 |
2,282 |
|
Total Cash Received |
|
5,828,995 |
5,743,304 |
|
Cash Used |
|
|
|
|
Suppliers |
|
255 |
248 |
|
Refunds of duty and other taxes |
|
306,536 |
235,902 |
|
Refunds of GST (on imports), WET, LCT & Sales Tax* |
|
9,846 |
9,677 |
|
Tourist Refund Scheme* |
|
50,342 |
47,236 |
|
Special Accounts** |
|
2,909 |
561 |
|
Total Cash Used |
|
369,888 |
293,624 |
|
Net Cash from or (Used in) Operating Activities |
|
5,459,107 |
5,449,680 |
|
Net Increase or (Decrease) in Cash Held |
|
5,459,107 |
5,449,680 |
|
Cash at the beginning of the reporting period |
|
3,074 |
2,697 |
|
Cash from Official Public Account for: |
|
|
|
|
Appropriations |
|
341,556 |
280,111 |
|
Refunds of GST (on imports), WET, LCT & Sales Tax* |
|
9,846 |
9,677 |
|
Tourist Refund Scheme* |
|
50,342 |
47,236 |
|
Special Accounts |
|
29,256 |
27,066 |
|
Reclassification of Special Accounts** |
|
(56) |
12,095 |
|
|
|
|
430,944 |
376,185 |
Cash to Official Public Account for: |
|
|
|
|
Administered Receipts |
|
(5,862,695) |
(5,786,170) |
|
Return of Tourist Refund Scheme Drawings* |
|
(642) |
(753) |
|
Special Accounts |
|
(26,347) |
(38,565) |
|
|
|
|
(5,889,684) |
(5,825,488) |
Cash at End of Reporting Period |
21 |
3,441 |
3,074 |
|
* The Australian Taxation Office is the responsible entity for these appropriations and the subsequent returns.As a new classification on this schedule, figures in 2003–04 (designated in italics) have been classified for a more meaningful comparison.
** Customs has reclassified Special Accounts as Administered Special Accounts with a subsequent first time effect on administered cash used in the 2004–05 financial year. The 2003–04 figures have been updated (designated in Italics) to provide a meaningful comparative.
This schedule should be read in conjunction with the accompanying notes.
AUSTRALIAN CUSTOMS SERVICE – SCHEDULE OF ADMINISTERED ITEMS (continued)
Administered Contingencies
as at 30 June 2005
Administered Contingent Assets |
Guarantees |
Claims for damages/costs |
Total |
|||
2005 |
2004 |
2005 |
2004 |
2005 |
2004 |
|
$’000 |
$’000 |
$’000 |
$’000 |
$’000 |
$’000 |
|
Balance from previous period |
- |
- |
44,476 |
- |
44,476 |
- |
New |
- |
- |
2 |
- |
2 |
- |
Re-measurement |
- |
- |
4,556 |
44,476 |
4,556 |
44,476 |
Liabilities crystallised |
- |
- |
- |
- |
- |
- |
Obligations expired |
- |
- |
- |
- |
- |
- |
Total Administered Contingent Assets |
- |
- |
49,034 |
44,476 |
49,034 |
44,476 |
Unquantifiable and remote but material contingencies are disclosed in Note 24: Administered Contingent Liabilities and Assets
Statement of Activities Administered
on Behalf of Government
The major administered activities of the
Australian Customs Service are directed towards achieving effective
border management that, with minimal disruption to legitimate trade
and travel, prevents illegal movements across the border, raises revenue
and provides trade statistics. The major administered financial
activities administered are the collection of duty, the passenger movement
charge and import processing charges. Details of planned activities
for the year can be found in the Agency Portfolio Budget and Portfolio
Additional Estimates Statement for the 2004–05 financial year
which have been tabled in the Parliament.