Statement of Changes in Equity for the period 30 June 2016 2016 $’000 2015 $’000 Original Budget $’000 CONTRIBUTED EQUITY Opening balance Balance carried forward from previous period 2,511 2,134 2,185 Adjusted opening balance 2,511 2,134 2,185 Transactions with owners Contributions by owners Equity injection – 51 – Departmental capital budget – 326 – Total transactions with owners – 377 – Closing balance as at 30 June 2,511 2,511 2,185 RETAINED EARNINGS Opening balance Balance carried forward from previous period (1,618) (2,587) (2,587) Appropriation returns (1,050) – – Other adjustments (6) – – Adjusted opening balance (2,674) (2,587) (2,587) Comprehensive income Surplus for the period 252 969 – Other comprehensive income – – – Total comprehensive income 252 969 – Closing balance as at 30 June (2,422) (1,618) (2,587) ASSET REVALUATION RESERVE Opening balance Balance carried forward from previous period 353 338 338 Adjusted opening balance 353 338 338 Comprehensive income Other comprehensive income 25 15 – Total comprehensive income 25 15 – Transfers between equity components – – – Closing balance as at 30 June 378 353 338 2016 $’000 2015 $’000 Original Budget $’000 TOTAL EQUITY Opening balance Balance carried forward from previous period 1,246 (115) (64) Appropriation returns (1,050) – –
Credit terms for services were within 30 days (2015: 30 days). There have been no movements in the impairment allowance account in the current or previous reporting period. Accounting Policy Receivables Receivables are measured at amortised cost using the effective interest method less impairment. Note 2.1C: Other Financial Assets Accommodation bond – 3 other financial assets – 3 Other financial assets expected to be recovered: More than 12 months – 3 other financial assets – 3 Note 2.2: Non-Financial Assets Note 2.2A: Reconciliation of the Opening and Closing Balances of Infrastructure, Plant and Equipment and Intangibles Leasehold improvements $’000 Computer, plant & equipment $’000 Computer, & equipment – work in progress $’000 $’000 Reconciliation of the opening and closing balances of infrastructure, plant and equipment for 2016 As at 1 July 2015 Gross book value 3,550 218 – 3,768 Accumulated depreciation, amortisation and impairment – – – – Total as at 1 July 2015 3,550 218 – – Additions: Purchase 162 – 63 225 Revaluations and impairments recognised in comprehensive income – 25 – 25 Depreciation and amortisation (610) (135) – (744) as at 30 June 2016 3,102 108 63 3,274 Total as at 30 June 2016 represented by: book value 3,102 108 63 3,274 Accumulated depreciation, amortisation and impairment – – – – Total as at 30 June 2016 3,102 108 63 3,274
Funding This section identifies the Australian Human Rights Commission’s funding structure. Note 3.1: Appropriations Note 3.1A: Annual Appropriations (‘Recoverable GST exclusive’) Annual Appropriations for 2016 Appropriation applied in 2016 (current and prior years) $’000 Variance2 $’000 Appropriation Act PGPA Act Total appropriation $’000 Annual appropriation1 $’000 Advance to the Prime Minister $’000 Section 74 receipts $’000 Section 75 transfers $’000 DEPARTMENTAL Ordinary annual services 15,515 – – – 15,515 (25,230) (9,715) Other services Equity injections – – – – – – – Total departmental 15,515 – – – 15,515 (25,230) (9,715) 1. In 2015–16 were no appropriations that have been quarantined. 2. Variance represents the application of current and previous own-source revenue and 2015 Equity Injections. Annual Appropriations for 2015 Appropriation Act PGPA Act
Business and children’s rights Child-Friendly Version of the Children’s Rights Report 2015 Social Justice and Native Report 2015 √ √ √ Indigenous Property Rights Project √ √ Close the Gap Campaign √ √ National Health Leadership Forum √ China-Australia Human Rights Technical Cooperation Program √ √ √ √ Vietnam-Australia Human Rights Technical Cooperation Program √ √ √ √ National Information Service √ √ √ √ √ Investigation & Conciliation Service √ √ √ √ √ Interventions: Mulligan v Virgin Australia Airlines Pty Ltd [2015] FCAFC 130 North Australian Aboriginal Justice Agency LTD and Another v Northern Territory (2015) 326 ALR 16 √ √ Human Rights Awards, other major events and launches √ √ Communications Service √ √ √ Legal Services √ √ ICT Services √ Human Resources √ Financial Services √