Annual reports for Commonwealth companies (RMG 137)

Audience

This guide applies to the Directors of Commonwealth companies. The guide is also intended to support units responsible for preparing the annual report within Commonwealth companies

Key points

This guide:

  • sets out the obligations for companies under section 97 of the Public Governance, Performance and Accountability Act 2013 (PGPA Act), to prepare an annual report.
  • provides guidance on fulfilling the mandatory requirements for the content of annual reports as prescribed by the Public Governance, Performance and Accountability Rule 2014 (PGPA Rule) in sections 28A to 28F in Part 3-3 – Annual report for Commonwealth companies.
  • provides guidance on fulfilling the mandatory digital publication requirements for all Commonwealth Entity and Commonwealth Company annual reports as prescribed by the Public Governance, Performance and Accountability Rule 2014 in section 28 CA in Part 3-3 – Annual report for Commonwealth companies; including standard data templates that entities are required to complete when publishing using the Digital Reporting tool. To gain access to the digital reporting tool, entity annual report coordinators should email the Department of Finance at pmra@finance.gov.au.

The guide applies to annual reports for reporting periods that begin on or after 29 June 2018 and has been updated to reflect the established requirements. These include publishing of the annual report through the digital reporting tool, and the reporting of executive remuneration. Other existing requirements remain unchanged.

Resources

This guide is available on the Department of Finance website and relates to the following other guidance:

RMG No 126

Commonwealth Government Business Enterprise Governance and Oversight Guidelines

https://www.finance.gov.au/resource-management/governance/gbe/

RMG No. 130

Overview of the enhanced Commonwealth performance Framework

http://www.finance.gov.au/resource-management/performance/

RMG No. 133

Corporate plans for Commonwealth companies

http://www.finance.gov.au/resource-management/performance/

RMG No. 131

Developing Good performance information

http://www.finance.gov.au/resource-management/performance/

RMG No. 139

Commonwealth companies Executive Remuneration Reporting Guide for Annual Reports

www.finance.gov.au/resource-management

Part 1 – Introduction

What is an annual report?

  1. The primary purpose of annual reports of companies is accountability, in particular to the Parliament.

  2. Annual reports serve to inform the Parliament (through the responsible Minister), other stakeholders, educational and research institutions, the media and the general public about the performance of companies in relation to activities undertaken. Annual reports are also a key reference document and a document for internal management. They form a critical part of the historical record.

  3. Annual reports form part of the formal accountability mechanism between government and companies and from companies through (or on behalf of) government to the Parliament of Australia. The annual report is a report from directors of the company to the responsible Minister, for tabling in the Parliament.

  4. Annual reports are also a key element of the enhanced Commonwealth performance framework, established under the PGPA Act. The reporting of the actual performance of companies in the annual report against the planned performance information outlined in their corporate plans is an important part of the Commonwealth’s resource management framework.

  5. Annual reports also coexist with additional available information through other sources including company websites.

Principles Underlying Annual Report Requirements

  1. Annual reports for a company:

    • must be written in plain English and provide sufficient information and analysis for the Parliament to make a fully informed judgement on company performance

    • should align with the overall Commonwealth resource management framework, PGPA Act, PGPA Rule and the enhanced Commonwealth performance framework

    • may be developed by taking into account merit reporting – the relative benefits and costs of reporting.

Role of the Corporations Act 2001

  1. Companies are subject to a number of reporting requirements under the Corporations Act 2001 (Corporations Act). The PGPA Act acknowledges these requirements, in particular, the need for companies to produce a financial report, directors’ report and auditor’s report. Collectively, these reports constitute the annual report.

Part 2 – The role of annual reports in the enhanced Commonwealth performance framework

  1. The enhanced Commonwealth performance framework addresses performance planning, measurement and reporting through the planned performance information presented by companies in their corporate plans and reported in companies’ annual reports. Each company is required to identify its purposes, which include its objectives, functions and role. As part of the enhanced Commonwealth performance framework, annual reports report on the achievement of the targets outlined in companies’ corporate plans.
  2. Corporate plans and annual reports provide the Government and the Parliament with information about the actual financial and non-financial performance of companies, and forecasts of future needs and expectations. The ‘clear read’ between corporate plans and annual reports is an essential part of the accountability system that compares performance targets and figures to those actually achieved.
  3. A strong emphasis is placed on compatibility between the documents regarding budget and performance information, and companies are expected to focus on presenting an annual report that provides a clear end-of-cycle picture of a company’s performance. 

Part 3 – PGPA Act requirements

Public Governance, Performance and Accountability Act 2013

97  Annual reports for Commonwealth companies

  1. The directors of a Commonwealth company must give the responsible Minister:

    1. a copy of the company’s financial report, directors’ report and auditor’s report that the company is required by the Corporations Act 2001 to have for the reporting period for the company (or would be required by that Act to have if the company were a public company); and

    2. for a wholly‑owned Commonwealth company—any additional information or report prescribed by the rules.

  2. The Commonwealth company must give the reports and information by:

    1. if the company is required by the Corporations Act 2001 to hold an annual general meeting—the earlier of the following:

      1. 21 days before the next annual general meeting after the end of the reporting period for the company;

      2. 4 months after the end of the reporting period for the company; and

    2. in any other case—4 months after the end of the reporting period for the company;
      or the end of such further period granted under subsection 34C(5) of the Acts Interpretation Act 1901.

  3. If the auditor’s report required by the Corporations Act 2001 was prepared by an auditor other than the Auditor‑General, subsection (1) also requires the company to give a report by the Auditor‑General on the financial statements.

  4. In preparing a report for the purposes of subsection (3), the Auditor‑General must use the same Corporations Act 2001 rules as applied to the report by the other auditor.

  5. If the Commonwealth company is a wholly‑owned Commonwealth company, or is not required to hold an annual general meeting, the responsible Minister must table the documents in each House of the Parliament as soon as practicable after receiving them. In all other cases, the responsible Minister must table the documents in each House of the Parliament as soon as practicable after the annual general meeting of the company.

  1. Section 97 of the PGPA Act acknowledges the reporting requirements of the Corporations Act, in particular, the need for companies to produce a financial report, directors’ report and auditor’s report. Collectively, these reports constitute the annual report. A copy of these reports must be provided to the responsible Minister and be tabled in Parliament.
  2. The PGPA Rule prescribes reporting requirements, in addition to those prescribed under the Corporations Act, for companies. It is expected that this additional information be integrated in the directors’ report. These additional requirements are detailed in Part 6 – Content Requirements, of the guide.
  3. A company is required to provide a copy of the reports detailed in paragraph 97(1)(a) of the PGPA Act to the responsible Minister the earlier of the following:
  • 21 days before the next annual general meeting after the end of the reporting period for the company; or
  • 4 months after the end of the reporting period for the company.
  1. There is scope for a company to apply in writing to their responsible Minister for an extension where it is not reasonably possible to meet the timeframes outlined in subsection 97(2). Subsection 34C(5) of the Acts Interpretation Act 1901 allows a Minister to grant an extension where he or she considers it reasonable in the circumstances.
  2. Companies are required to provide a report by the Auditor-General on their financial statements. The report must be prepared in accordance with auditor’s report rules under the Corporations Act.
  3. The company’s responsible Minister is required to table the annual report in each House of Parliament. If the company is a wholly‑owned Commonwealth company, or is not required to hold an annual general meeting, tabling must occur as soon as practicable after the Minister has received the documents. In all other cases, the responsible Minister must table the documents as soon as practicable after the annual general meeting of the company.

Part 4 – Approval requirements

Public Governance, Performance and Accountability Rule 2014

28B  Approval of annual report by directors

The annual report for a Commonwealth company must:

  1. be approved by the directors of the company; and
  2. be signed by a director of the company; and
  3. include details of how and when approval of the annual report was given.
  1. The directors of a Commonwealth company are expected to certify the contents of the annual report. As such, the annual report must be approved by the directors of the company. The annual report must also be signed by a director and detail how and when approval was given.

Part 5 – Parliamentary standards, publishing and clear design

Public Governance, Performance and Accountability Rule 2014

28C  Parliamentary standards of presentation

The annual report for a Commonwealth company must comply with the guidelines for presenting documents to the Parliament.

  1. The annual report of a company is tabled in Parliament by the responsible Minister under section 97 of the PGPA Act. Once tabled in Parliament, the annual report becomes part of the Parliamentary Papers series and as such, the report must comply with the presentation and printing standards for documents presented to the Parliament.
  2. Guidance on the tabling requirements is contained in the document prepared by the Department of the Prime Minister and Cabinet entitled ‘Guidelines for the Presentation of Documents to the Parliament (including Government Documents, Government Responses to Committee Reports, Ministerial Statements, Annual Reports and Other Instruments)’. A copy of the guidelines is available at: https://www.pmc.gov.au/resource-centre/government/guidelines-presentation-documents-parliament-0.

Public Governance, Performance and Accountability Rule 2014

28CA  Annual report to be published using the digital reporting tool

As soon as practicable after the annual report for a corporate Commonwealth entity has been presented to the Parliament, the annual report must be published using the digital reporting tool administered by the Finance Minister.

  1. Section 28CA of the Rule requires the annual report of a Commonwealth company be published using the digital reporting tool administered by the Finance Minister, as soon as practicable after it has been presented to the Parliament.
  2. The digital reporting tool enables entities to draft and publish annual reports to the Transparency Portal at transparency.gov.au. Commencing from the 2018-19 reporting period, all Commonwealth entities’ and companies’ annual report will be published on and available from transparency.gov.au following the presentation of these reports to the Parliament.
  3.  The digital reporting tool contains a collection of templates for standard data sets that must be completed for the entity’s annual report. These templates reflect mandatory data requirements as set out by the PGPA Rule 2014. To assist entities in the preparation of their 2018-19 annual reports, all data templates are provided at Appendix B.
  4. To gain access to the digital reporting tool, entity annual report coordinators should email the Department of Finance at pmra@finance.gov.au

Public Governance, Performance and Accountability Rule 2014

28D  Plain English and clear design

  1. The annual report for a Commonwealth company must be prepared having regard to the interests of the Parliament and any other persons who are interested in the annual report.

  2. Information included in the annual report must be relevant, reliable, concise, understandable and balanced, including through doing the following, where practicable:

    1. using clear design (for example, through headings and adequate spacing);

    2. defining acronyms and technical terms (for example, in a glossary);

    3.  using tables, graphs, diagrams and charts;

    4.  including any additional matters as appropriate.

  1. The annual report must accommodate the needs and interests of both Parliament and other persons potentially interested in the annual report. To ensure the annual report is able to meet these interests, the annual report must be constructed in an accessible manner, and information included in the report must be relevant, reliable, concise, understandable and balanced.
  2. Companies may choose to use tables, graphs, diagrams and charts to present information in a readable format for users where relevant.

Part 6 – Content requirements

  1. Part 6 outlines the minimum content that is required to be included in a company’s annual report. The directors may choose to provide additional information in the annual report where it is considered necessary.

Purposes

Public Governance, Performance and Accountability Rule 2014

28E  Contents of annual report

The annual report for a Commonwealth company for a reporting period must include the following:

  1. the purposes of the company as included in the company’s corporate plan for the period;
  1. The corporate plan and annual report are the bookends of the reporting cycle. A company’s corporate plan must set out its purposes at the beginning of the reporting period. The annual report must include the purposes as stated in the company’s corporate plan.

Responsible Minister

Public Governance, Performance and Accountability Rule 2014

28E  Contents of annual report

The annual report for a Commonwealth company for a reporting period must include the following:

b. the names of the persons holding the position of responsible Minister or responsible Ministers during the period, and the titles of those responsible Ministers;

  1. The annual report must include the current responsible Minister’s name and the name of any other responsible Ministers during the financial year being reported on. The title of the responsible Minister(s) must also be included. A copy of the annual report must be provided to the responsible Minister(s) and be tabled in Parliament. 
  2. In paragraph 28E(b), responsible Minister means the Minister who is responsible for the company, unless otherwise prescribed by the PGPA Rule.

Ministerial directions and government policy orders

Public Governance, Performance and Accountability Rule 2014

28E  Contents of annual report

The annual report for a Commonwealth company for a reporting period must include the following:

c. any directions given to the entity by a Minister under the company’s constitution, an Act or an instrument during the period;

d.  any government policy orders that applied in relation to the company during the period under section 93 of the Act;

e. if, during the period, the company has not complied with a direction or order referred to in paragraph (c) or (d)—particulars of the non‑compliance;

  1. Parliament and the public have an interest in understanding what has caused a company to act in a particular way, and what decision-making processes were undertaken by the company at the time.
  2. To ensure transparency in the decision-making process of a company, the annual report must include details of any directions issued by the responsible Minister, or other Minister(s), under the company’s constitution or any other legislation or legislative instruments.
  3. Under section 93 of the PGPA Act, the government may make a government policy order[1] that specifies a policy of the Australian Government that is to apply to one or more companies. A company that is subject to a government policy order is required to include this information in its annual report.
  4. The annual report must also give an explanation of non-compliance where a direction or government policy order has not been fully complied with. This is intended to assist readers to understand why a company acted in a particular way.

Information about directors

Public Governance, Performance and Accountability Rule 2014

28E  Contents of annual report

The annual report for a Commonwealth company for a reporting period must include the following:

f. information on each director of the company during the period, including:

  1. the name of the director; and
  2. the qualifications of the director; and
  3. the experience of the director; and
  4. the number of meetings of the board of the company attended by the director during the period; and
  5. whether the director is an executive director or non‑executive director;
  1. The annual report must include information about the directors of the company. The annual report must include the name, qualifications and experience of the directors.
  2. The annual report must also include the number of meetings of the board of the company attended by each director during the reporting period and whether each director is an executive or non-executive member.
  3. For the purposes of annual reporting, an executive member is an employee of the company, responsible for executive functions in the management and administration of the company. Non-executive members are independent of corporate management and not employees of the company.

Templates that address this reporting requirement in the digital reporting tool are provided at Appendix B.

Public Governance, Performance and Accountability Rule 2014

28E  Contents of annual report

The annual report for a Commonwealth company for a reporting period must include the following:

g. an outline of the organisational structure of the company (including any subsidiaries of the company);

ga.  statistics on the number of employees of the entity (including by reference to ongoing employees and non‑ongoing employees) at the end of that and the previous reporting period, in relation to each of the following:

  1. full‑time employees;
  2. part‑time employees;
  3. gender;
  4. location;

h. an outline of the location (whether or not in Australia) of major activities or facilities of the company;

  1. The annual report must provide an outline of the organisational structure of the company (including subsidiaries)
  2. Paragraph 28E(ga) of the PGPA Rule requires the publication of statistics on the number of employees of the Company (with reference to ongoing employees and non‑ongoing employees), at the end of the reporting period and the previous reporting period, in relation to each of the following:
  • full-time employees
  • part-time employees
  • gender
  • location.

Note that all human resources statistics are to be calculated and reported on a head count basis (number of employees) as at the end of each reporting period.

Templates that address this reporting requirement in the digital reporting tool are provided at Appendix B.

  1. Paragraph 28E (h) requires the location of major activities or facilities. This information can assist readers in understanding how the company operates at a strategic level.

Statement on governance

Public Governance, Performance and Accountability Rule 2014

28E  Contents of annual report

The annual report for a Commonwealth company for a reporting period must include the following:

  1. information in relation to the main corporate governance practices used by the company during the period;
  1. The annual report allows a company to demonstrate that its governance is sound. The annual report must include information on the main corporate governance practices that the company had in place during the financial year. For example, details may be provided on:
  • board committees of the company and their main responsibilities
  • education and performance review processes for directors
  • ethics and risk management policies
  • any legislation that specifically applies to the company, by name.

Related entity transactions

Public Governance, Performance and Accountability Rule 2014

28E  Contents of annual report

The annual report for a Commonwealth company for a reporting period must include the following:

j. the decision‑making process undertaken by the directors of the company for making a decision if:

  1.  the decision is to approve the company paying for a good or service from a Commonwealth entity or a company, or providing a grant to a Commonwealth entity or a company; and
  2. the company, and the Commonwealth entity or the company, are related entities; and
  3. the value of the transaction, or if there is more than one transaction, the aggregate value of those transactions, is more than $10 000 (GST inclusive);

k. if the annual report includes information under paragraph (j):

  1. if there is only one transaction—the value of the transaction; and
  2. if there is more than one transaction—the number of transactions and the aggregate of value of the transactions;
  1. This requirement ensures there is transparency around potential conflicts of interest in the operations of companies[2].
  2. For paragraph 28E(j), related entity means a Commonwealth entity or a company (a body) is a related entity of a Commonwealth entity or a company (also a body) if:
  • an individual is the accountable authority of both bodies; or
  • an individual is a member of the accountable authority, or a director of the board, of both bodies; or
  • an individual is a member of the accountable authority of one body and a director of the board of the other body; or
  • an individual is the accountable authority of one body and a member of the accountable authority, or director of the board, of the other body.
  1. The annual report must include the decision making process undertaken by the directors of the company when it enters into a procurement or grant transaction where a director of the company holds a similar position in the organisation that provides the good or service or receives the grant. The organisation providing the good or service or receiving the grant may take the form of a Commonwealth entity, Commonwealth company or a private company.
  2. The disclosure of the decision making process is only necessary where the value of the transaction, or if there is more than one transaction, the aggregate value of those transactions, is at least $10,000 (GST inclusive)
  3. If the company’s annual report includes information under paragraph 28E(j) and there is only one relevant transaction, paragraph 28E(k) requires that the value of the transaction must be included in the annual report. If there is more than one transaction included under paragraph 28E(j), the number of transactions and the aggregate of value of the transactions must be included in the annual report.

Significant activities and changes affecting the company

Public Governance, Performance and Accountability Rule 2014

28E  Contents of annual report

The annual report for a Commonwealth company for a reporting period must include the following:

l. any significant activities and changes that affected the operations or structure of the company during the period;

  1. Highlighting significant activities and changes that have affected the company can help the reader understand the entity’s performance over the past financial year. As such, the annual report must detail any significant activities and changes that affected the operations or structure of the company during the period. This may include:
  • forming or participating in the formation of a company, significant partnership, trust or unincorporated joint venture
  • acquiring or disposing of a significant business or shareholding in a company
  • amendments to the constitution of the company and to any relevant legislation
  • commencing or ceasing a significant business activity
  • changes to the membership structure of the company
  • amendments to legislation that specifically applies to the company, by name (if applicable).

Judicial decisions and reviews by outside bodies

Public Governance, Performance and Accountability Rule 2014

28E  Contents of annual report

The annual report for a Commonwealth company for a reporting period must include the following:

m. particulars of judicial decisions or decisions of administrative tribunals made during the period that have had, or may have, a significant effect on the operations of the company;

n. particulars of any report on the company given during the period by:

  1. the Auditor‑General; or
  2. a Committee of either House, or of both Houses, of the Parliament; or
  3. the Commonwealth Ombudsman; or
  4. the Office of the Australian Information Commissioner; or
  5. the Australian Securities and Investments Commission;
  1. To help better inform the public, Commonwealth companies are required to include particulars of judicial decisions and reports by third parties in annual reports. Specifically, the annual report must include details of:
  • judicial decisions and decisions of administrative tribunals that have had, or may have, a significant effect on the operations of the company; and
  • reports about the company made by the Auditor-General, a Parliamentary committee, the Commonwealth Ombudsman or the Office of the Australian Information Commissioner.

Obtaining information from subsidiaries

Public Governance, Performance and Accountability Rule 2014

28E  Contents of annual report

The annual report for a Commonwealth company for a reporting period must include the following:

o. if the directors have been unable to obtain information from a subsidiary of the company that is required to be included in the annual report—an explanation of the information that was not obtained and the effect of not having the information on the annual report;

oa. information about executive remuneration in accordance with sections 28EA to 28EC;

  1. Companies are to provide an explanation of information they are unable to obtain from a subsidiary that is required to be included in the annual report. This explanation must include how the missing information affects the annual report.
  2. For guidance on reporting executive remuneration refer to Resource Management Guide ‑139 Commonwealth companies Executive Remuneration Reporting Guide for Annual Reports, available at www.finance.gov.au

Templates that address this reporting requirement in the digital reporting tool are provided at Appendix B.

List of annual report requirements

Public Governance, Performance and Accountability Rule 2014

28E  Contents of annual report

The annual report for a Commonwealth company for a reporting period must include the following:

p. the list of requirements as set out in Schedule 2B that references where those requirements are to be found in the annual report.

  1. Companies should note all annual reports must include a list of requirements (as per paragraph 17BE(u) of the PGPA rule) to be provided in a consistent format for all companies. The mandatory table can be located in schedule 2B of the PGPA Rule, available at www.legislation.gov.au, and in Appendix A of this guide.

Disclosure requirements for government business enterprises

Public Governance, Performance and Accountability Rule 2014

28F  Disclosure requirements for government business enterprises

Changes in financial conditions and community service obligations

  1. The annual report for a reporting period for a government business enterprise that is a Commonwealth company must include the following information:
    1. an assessment of:
      1. significant changes in the company’s overall financial structure and financial condition during the reporting period; and
      2. any events or risks that could cause financial information that is reported not to be indicative of future operations or financial condition;
    2. dividends paid or recommended in relation to the reporting period;
    3. details of any community service obligations the government business enterprise has, including:
      1. an outline of actions the government business enterprise has taken to fulfil those obligations; and
      2. an assessment of the cost of fulfilling those obligations.

        Note: Details on dividends are also required under section 300 of the Corporations Act 2001.

        Information that is commercially prejudicial
  2. However, information may be excluded if the directors of the government business enterprise believe, on reasonable grounds, that the information is commercially sensitive and would be likely to result in unreasonable commercial prejudice to the government business enterprise. The annual report must state whether such information has been excluded.
  1. A Government Business Enterprise (GBE) that is a company is required to disclose in the annual report:
  • an assessment of significant changes in overall financial structure and conditions over the financial year
  • any events or risks that could cause reported financial information not to be indicative of future operations or financial condition
  • dividends paid or recommended in relation to the financial year
  • details of any community service obligations, including an outline of actions taken to achieve these obligations and an assessment of the cost of fulfilling those obligations.
  1. Information can be excluded where the directors believe, on reasonable grounds, that it is commercially sensitive and would likely result in unreasonable commercial prejudice to the GBE. The annual report must state whether commercially sensitive information has been excluded.

[1] Guidance in relation to government policy orders is available at http://www.finance.gov.au/resource-management/pgpa-legislation/government-policy-orders/.

[2] This requirement arose out of Recommendation 2 of the Senate Standing Committee on Finance and Public Administration’s report: Annual Reports (No. 2 of 2009) issued in September 2009.

Appendix A: List of Requirements – Commonwealth Companies

Below is the table set out in Schedule 2B of the PGPA Rule. Section 28E(p) requires this table be included in the Commonwealth companies’ annual reports.

PGPA Rule Reference

Part of Report

Description

Requirement

28E

Contents of annual report

 

28E(a)

 

The purposes of the company as included in the company’s corporate plan for the reporting period

Mandatory

28E(b)

 

The names of the persons holding the position of responsible Minister or responsible Ministers during the reporting period, and the titles of those responsible Ministers

Mandatory

28E(c)

 

Any directions given to the entity by a Minister under the company’s constitution, an Act or an instrument during the reporting period

If applicable, mandatory

28E(d)

 

Any government policy order that applied in relation to the company during the reporting period under section 93 of the Act

If applicable, mandatory

28E(e)

 

Particulars of non‑compliance with:

(a) a direction given to the entity by the Minister under the company’s constitution, an Act or instrument during the reporting period; or

(b) a government policy order that applied in relation to the company during the reporting period under section 93 of the Act

If applicable, mandatory

28E(f)

 

Information on each director of the company during the reporting period

Mandatory

28E(g)

 

An outline of the organisational structure of the company (including any subsidiaries of the company)

Mandatory

28E(ga)

 

Statistics on the entity’s employees on an ongoing and non‑ongoing basis, including the following:

(a) statistics on full‑time employees;

(b) statistics on part‑time employees;

(c) statistics on gender;

(d) statistics on staff location

Mandatory

28E(h)

 

An outline of the location (whether or not in Australia) of major activities or facilities of the company

Mandatory

28E(i)

 

Information in relation to the main corporate governance practices used by the company during the reporting period

Mandatory

28E(j), 28E(k)

 

For transactions with a related Commonwealth entity or related company where the value of the transaction, or if there is more than one transaction, the aggregate of those transactions, is more than $10,000 (inclusive of GST):

(a) the decision‑making process undertaken by the directors of the company for making a decision to approve the company paying for a good or service from, or providing a grant to, the related Commonwealth entity or related company; and

(b) the value of the transaction, or if there is more than one transaction, the number of transactions and the aggregate of value of the transactions

If applicable, mandatory

28E(l)

 

Any significant activities or changes that affected the operations or structure of the company during the reporting period

If applicable, mandatory

28E(m)

 

Particulars of judicial decisions or decisions of administrative tribunals that may have a significant effect on the operations of the company

If applicable, mandatory

28E(n)

 

Particulars of any reports on the company given by:

(a) the Auditor‑General, or

(b) a Parliamentary Committee, or

(c) the Commonwealth Ombudsman; or

(d) the Office of the Australian Information Commissioner; or

(e) the Australian Securities and Investments Commission

If applicable, mandatory

28E(o)

 

An explanation of information not obtained from a subsidiary of the company and the effect of not having the information on the annual report

If applicable, mandatory

28E(oa)

 

Information about executive remuneration

Mandatory

28F

Disclosure requirements for government business enterprises

 

28F(1)(a)(i)

 

An assessment of significant changes in the company’s overall financial structure and financial conditions

If applicable, mandatory

28F(1)(a)(ii)

 

An assessment of any events or risks that could cause financial information that is reported not to be indicative of future operations or financial condition

If applicable, Mandatory

28F(1)(b)

 

Information on dividends paid or recommended

If applicable, mandatory

28F(1)(c)

 

Details of any community service obligations the government business enterprise has including:

(a) an outline of actions taken to fulfil those obligations; and

(b) an assessment of the cost of fulfilling those obligations

If applicable, mandatory

28F(2)

 

A statement regarding the exclusion of information on the grounds that the information is commercially sensitive and would be likely to result in unreasonable commercial prejudice to the government business enterprise

If applicable, mandatory

Appendix B: Templates – Commonwealth Companies

28E (f) (i) –(v) – Director

Details of Director during the reporting period Current Report Period (2018-19)

 

 

Period as the Director

Name

Qualifications of the Director

Experience of the Director

Position Title /

Position held

Executive / Non-Executive

Date of Commencement

Date of cessation

Number of meetings of the board of the company

Name.

 

 

 

-

-

-

Name..

 

 

 

 -

 -

 -

Name…

 

 

 

 -

 -

 -

Name….

 

 

 

 -

 -

 -

Name…..

 

 

 

 -

 -

 -

Name……

 

 

 

 -

 -

 -

28E (ga)(i)-(iv) – Management of Human Resources

All Ongoing Employees Current Report Period (2018-19)

 

Male

Female

Indeterminate

Total

 

Fulltime

Part Time

Total Male

Fulltime

Part Time

Total Female

Fulltime

Part Time

Total Indeterminate

 

NSW

-

-

-

-

-

-

-

-

-

-

Qld

-

-

-

-

-

-

-

-

-

-

SA

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

Tas

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

Vic

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

WA

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

ACT

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

NT

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

Overseas

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

Total

-

-

-

-

-

-

-

-

-

-

All Non-Ongoing Employees Current Report Period (2018-19)

 

Male

Female

Indeterminate

Total

 

Fulltime

Part Time

Total Male

Fulltime

Part Time

Total Female

Fulltime

Part Time

Total Indeterminate

 

NSW

-

-

-

-

-

-

-

-

-

-

Qld

-

-

-

-

-

-

-

-

-

-

SA

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

Tas

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

Vic

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

WA

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

ACT

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

NT

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

Overseas

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

Total

-

-

-

-

-

-

-

-

-

-

All Ongoing Employees Previous Report Period (2017-18)

 

Male

Female

Indeterminate

Total

 

Fulltime

Part Time

Total Male

Fulltime

Part Time

Total Female

Fulltime

Part Time

Total Indeterminate

 

NSW

-

-

-

-

-

-

-

-

-

-

Qld

-

-

-

-

-

-

-

-

-

-

SA

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

Tas

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

Vic

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

WA

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

ACT

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

NT

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

Overseas

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

Total

-

-

-

-

-

-

-

-

-

-

All Non-Ongoing Employees Previous Report Period (2017-18)

 

Male

Female

Indeterminate

Total

 

Fulltime

Part Time

Total Male

Fulltime

Part Time

Total Female

Fulltime

Part Time

Total Indeterminate

 

NSW

-

-

-

-

-

-

-

-

-

-

Qld

-

-

-

-

-

-

-

-

-

-

SA

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

Tas

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

Vic

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

WA

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

ACT

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

NT

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

Overseas

 -

 -

 -

 -

 -

 -

 -

 -

 -

 -

Total

-

-

-

-

-

-

-

-

-

-

28E (oa) Executive Remuneration

Information about remuneration for key management personnel

 

 

Short‑term benefits

Post‑employment benefits

Other long‑term benefits

Termination benefits

Total remuneration

Name

Position title

Base salary

Bonuses

Other benefits and allowances

Superannuation contributions

Long service leave

Other long‑term benefits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Statements Summary

Statement of Comprehensive Income Current Report Period (2018-19)

 

30 June 2019

30 June 2018

Budget

30 June 2019

 

$'000

$'000

$'000

NET COST OF SERVICES

 

 

 

Expenses

 

 

 

Employee Benefits Expense

-

-

-

Suppliers Expense

-

-

-

Depreciation and Amortisation Expense

-

-

-

Total Expenses

-

-

-

Income

 

 

 

Total Own-Source Income

-

-

-

Net cost of services

 

 

 

Net cost of services

-

-

-

Revenue from Government

 

 

 

Revenue from Government

-

-

-

Surplus/(Deficit) after Tax

 

 

 

Surplus/(Deficit) after Tax

-

-

-

OTHER COMPREHENSIVE INCOME

 

 

 

Total comprehensive Income/(Loss)

-

-

-

Statement of Financial Position Current Report Period (2018-19)

 

30 June 2019

30 June 2018

Budget

30 June 2019

 

$'000

$'000

$'000

ASSETS

 

 

 

Total Financial Assets

-

-

-

Total Non-Financial Assets

-

-

-

Total Assets

-

-

-

LIABILITIES

 

 

 

Total Payables

 

 

 

Total Provisions

-

-

-

Total Liabilities

 

 

 

Net Assets

-

-

-

EQUITY

 

 

 

Total Equity

-

-

-

Statement of Changes in Equity Current Report Period (2018-19)

 

30 June 2019

30 June 2018

Budget

30 June 2019

 

$'000

$'000

$'000

Opening balance

 

 

 

Balance Carried Forward from Previous Period

-

-

-

Adjusted Opening Balance

-

-

-

Comprehensive income

 

 

 

Total Comprehensive Income

-

-

-

 

 

 

 

Closing Balance as at 30 June

-

-

-

Cash flow Statement Current Report Period (2018-19)

 

30 June 2019

30 June 2018

Budget

30 June 2019

 

$'000

$'000

$'000

OPERATING ACTIVITIES

 

 

 

Total Cash Received (OPERATING ACTIVITIES)

-

-

-

Total Cash Used for (OPERATING ACTIVITIES)

-

-

-

Net Cash from OPERATING ACTIVITIES

-

-

-

INVESTING ACTIVITIES

 

 

 

Total Cash Received (INVESTING ACTIVITIES)

-

-

-

Total Cash Used (INVESTING ACTIVITIES)

-

-

-

Net Cash from INVESTING ACTIVITIES

-

-

-

Purchase of Property, Plant and Equipment

-

-

-

Purchase of Intangibles

-

-

-

FINANCING ACTIVITIES

 

 

 

Total Cash Received (FINANCING ACTIVITIES)

-

-

-

Total Cash Used (FINANCING ACTIVITIES)

-

-

-

Net Cash from FINANCING ACTIVITIES

-

-

-

Cash at the End of the Reporting Period

 

 

 

Cash at the End of the Reporting Period

-

-

-

Notes to the Financial Statements (2018-19)

 

30 June 2019

30 June 2018

Budget

30 June 2019

 

$'000

$'000

$'000

Current Assets

-

-

-

Current Liabilities

-

-

-


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