Hon Ray Halligan asks the Minister for Goldfields-Esperance and Great Southern for a detailed breakdown of 'Adjustments' in the 2005-2006 State Budget. The Minister responds by explaining the adjustments relate to surpluses or deficits carried forward in the Accumulated Surplus/(Deficit) figure in the Balance Sheet.

AnsweredQoN 3185Legislative Council
Asked
1 December 2005
Portfolio
Goldfields-Esperance and Great Southern

QuestionView source ↗

I refer the Minister to the 2005-2006 State Budget, Volume Three, division 60, page 1006, footnote (a) and to the line item ‘Adjustments’, and I ask -
(1) Can the Minister please provide a detailed breakdown of the elements comprising the allocation for ‘Adjustments’?
(2) If not, why not?

AnswerView source ↗

Answered
14 March 2006
Responded by
Minister for Fisheries representing the Minister for Goldfields-Esperance and Great Southern
Response time
103 days
1 and 2. This question does not refer to Goldfields Esperance Development Commission. It refers to Great Southern Development Commission. In terms of Great Southern Development Commission: The adjustments noted on page 1006 are the same adjustments as shown on page 1012 of the Budget Statements. These figures represent actual or estimated figures for surpluses or deficits for successive years, as a net result of the expenditure and revenue transactions reflected in the Income Statement and which are carried forward in the Accumulated Surplus/(Deficit) figure in the Balance Sheet at the close of each year.
In terms of Great Southern Development Commission: The adjustments noted on page 1006 are the same adjustments as shown on page 1012 of the Budget Statements. These figures represent actual or estimated figures for surpluses or deficits for successive years, as a net result of the expenditure and revenue transactions reflected in the Income Statement and which are carried forward in the Accumulated Surplus/(Deficit) figure in the Balance Sheet at the close of each year.
The adjustments noted on page 1006 are the same adjustments as shown on page 1012 of the Budget Statements. These figures represent actual or estimated figures for surpluses or deficits for successive years, as a net result of the expenditure and revenue transactions reflected in the Income Statement and which are carried forward in the Accumulated Surplus/(Deficit) figure in the Balance Sheet at the close of each year.

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