Industry, tourism and resources portfolio

Expenses From Ordinary Activities (Excluding Borrowing Costs Expense) Borrowing costs expense Share of net profits or (losses) of associates and joint ventures accounted for using the equity method Correction of fundamental error Operating Surplus or (Deficit) From Ordinary Activities Gain or (loss) on extraordinary items Correction of fundamental error Net Surplus or (Deficit)	89,511 100 100	91,601 110 110	95,377 432 432	99,593 498 498	104,005 560 560
Note: (K1) links to Table 1.1.
	104

Table 3.1 (continued): Budgeted Departmental Statement of Financial Performance for the period ended 30 June
Estimated Budget Forward Forward	Forward
actual estimate estimate estimate	estimate
2003-04 2004-05 2005-06 2006-07	2007-08
$'000 $'000 $'000 $'000	$'000
Outside equity interests in net
surplus or (deficit)

Net Surplus Or Deficit Attributable
To The Australian Government	100	110	432	498	560
Net credit or (debit) to asset revaluation
reserve
Net exchange difference recognised
as a direct debit or (credit) to equity
Adjustments arising from Standards
recognised as direct debit or (credit)
to equity
Initial adjustments from transitional
UIG consensus view recognised
as direct debit or (credit) to equity
Total Revenues, Expenses And
Valuation Adjustments
Attributable To Members Of The
Parent Entity And Recognised
Directly In Equity	100	110	432	498	560
Total Changes In Equity Other
Than Those Resulting From
transactions with owners
as owners	100	110	432	498	560

Estimated		Budget	Forward	Forward	Forward
actual		estimate	estimate	estimate	estimate
2003-04		2004-05	2005-06	2006-07	2007-08
$'000		$'000	$'000	$'000	$'000
ASSETS
Financial Assets
Cash	1,500	1,500	1,500	1,500	1,500
Receivables	24,416	25,746	30,292	33,430	37,256
Investments accounted for under
the equity method
Investments (s.39 FMA Act; s.18 CAC Act;
s.19 CAC Act)
Other investments
Accrued revenues
Other financial assets
Total Financial Assets	25,916	27,246	31,792	34,930	38,756
Non-Financial Assets
Land and buildings	4,476	2,782	1,084	1,090	2,400
Infrastructure, plant and equipment	6,813	5,536	4,950	4,550	4,050
Heritage and cultural assets
Inventories
Intangibles	20,190	22,085	24,509	25,014	24,293
Other non-financial assets	1,537	1,558	1,580	1,601	1,650
Total Non-Financial Assets	33,016	31,961	32,123	32,255	32,393

Total Assets LIABILITIES Interest Bearing Liabilities Loans Leases Deposits Overdraft Other Interest Bearing Liabilities Total Interest Bearing Liabilities Provisions Employees Capital Use Charge Other Provisions Total Provisions Payables Suppliers Grants Dividends Borrowing Costs Other Payables Total Payables Total Liabilities	58,932 3,116 3,116 19,426 19,426	59,207 3,074 3,074 18,941 18,941	63,915 3,032 3,032 22,530 22,530	67,185 2,990 2,990 24,927 24,927	71,149 2,948 2,948 26,827 26,827
	3,100 5,748 8,848 31,390	3,200 6,340 9,540 31,555	3,300 6,969 10,269 35,831	3,300 7,386 10,686 38,603	3,300 8,932 12,232 42,007

Estimated		Budget	Forward	Forward	Forward
actual		estimate	estimate	estimate	estimate
2003-04		2004-05	2005-06	2006-07	2007-08
$'000		$'000	$'000	$'000	$'000
EQUITY*
Parent Entity Interest
Contributed equity	4,771	4,771	4,771	4,771	4,771
Reserves	1,455	1,455	1,455	1,455	1,455
Statutory funds
Retained surpluses or
accumulated deficits	21,316	21,426	21,858	22,356	22,916
Total Parent Entity Interest	27,542	27,652	28,084	28,582	29,142

Outside Equity Interest

Contributed equity Reserves Retained surpluses or

accumulated deficits

Total Outside Equity Interest	-	-	-	-	-
Total Equity	27,542	27,652	28,084	28,582	29,142
Total Assets And Liabilities By Maturity:
Current Assets	27,178	27,246	31,792	34,930	38,756
Non-Current Assets	31,754	31,961	32,123	32,255	32,393
Current Liabilities	16,598	15,719	18,690	19,713	20,793
Non-Current Liabilities	14,792	15,836	17,141	18,890	21,214