Part 4: Financial statements (continued)

Administered reconciliation schedule

Administered reconciliation schedule
for the period ended 30 June 2012
	2012 $'000	2011 $'000

Opening administered assets less administered liabilities as at 1 July	(1,723,146)	7,885,440
Surplus (deficit) items
Plus: Administered income	5,758,136	3,644,928
Less: Administered expenses (non CAC)	(86,868,463)	(86,961,136)
Other comprehensive income
Administered revaluations taken to/(from) reserves	713,548	(4,993,614)
Administered transfers to/(from) Australian Government:
Appropriation transfers from OPA:
Annual appropriation for administered expenses (non CAC)	12,748	14,880
Administered assets and liabilities appropriations	15,561	4,079
Special appropriations (limited)	14,812	18,687
Special appropriations (unlimited)	66,448,615	64,058,585
Special accounts — COAG Reform Fund	21,474,821	18,402,547
Refunds of receipts (s28 FMA)	-	-
Transfers to OPA	(4,191,115)	(3,797,542)
Restructuring	-	-
Closing administered assets less administered liabilities as at 30 June	1,655,517	(1,723,146)

This schedule should be read in conjunction with the accompanying notes.