Note 24: Net Cash Appropriation Arrangements |
---|
|
2014 |
2013 |
|
$’000 |
$’000 |
Total comprehensive income less depreciation/amortisation expenses previously funded through revenue appropriation1 |
2,780 |
1,198 |
Plus: depreciation/amortisation expenses previously funded through revenue appropriation |
(2,610) |
(2,105) |
Total comprehensive income/ (loss) - as per the Statement of Comprehensive Income |
170 |
(907) |
1. From 2010-11, the Government introduced net cash appropriation arrangements, where revenue appropriations for depreciation/amortisation expenses ceased. Entities now receive a separate capital budget provided through equity appropriations. Capital budgets are to be appropriated in the period when cash payment for capital expenditure is required.