Description of Basic Financial Statements_part4 pptx

83 Minister for Western Sydney Western Sydney Parklands Trust This is trial version www.adultpdf.com This is trial version www.adultpdf.com Auditor-General’s Report to Parliament 2009 Volume Nine __________________________________________ 85 Western Sydney Parklands Trust AUDIT OPINION The audit of the Trust’s financial report for the year ended 30 June 2009 resulted in an unqualified Independent Auditor’s Report. OTHER INFORMATION We identified opportunities to improve the accounting and internal control procedures and reported them to management. FINANCIAL INFORMATION The following information relates to the Trust’s finances. Period ended 30 June 2009 2008* $’000 $’000 Revenue 11,937 2,152 Expenditure 4,151 1,475 Surplus 7,786 677 Net assets (at 30 June) 422,957 433,673 * for the period 1 January 2008 to 30 June 2008. The Trust has an agreement with the Corporation Sole ‘Minister Administering the Environmental Planning and Assessment Act, 1979’ (Corporation) whereby, the Trust will receive a portion of sale proceeds from certain land the Corporation has sold or is planning to sell. In 2008-09, the Trust received $8.5 million under this agreement. Other increases in revenue and expenses are largely attributable to this being the first full year of operations. At 30 June 2009, the park was valued at $426 million ($434 million in 2008). TRUST ACTIVITIES The Trust, established by the Western Sydney Parklands Act 2006, is subject to the control and direction of the Minister. Its principal function is to develop the parklands, stretching 27 kilometres from Mt. Druitt to Hoxton Park, into multiuse urban parkland for the region of Western Sydney. Also, the Trust is to conserve, restore and enhance the natural environment and cultural and historical heritage of the parklands. For further information on the Trust, refer to www.westernsydneyparklands.com.au . This is trial version www.adultpdf.com This is trial version www.adultpdf.com 87 Minister for Youth Refer to Appendix 1 for: Office for Children This is trial version www.adultpdf.com This is trial version www.adultpdf.com Appendix 89 Appendix 1 Agencies not reported elsewhere in this Volume This is trial version www.adultpdf.com This is trial version www.adultpdf.com Auditor-General’s Report to Parliament 2009 Volume Nine __________________________________________ 91 Appendix 1 – Agencies not reported elsewhere in this Volume The following audits resulted in unqualified independent auditor’s reports and did not identify any significant issues or risks. Entity Name Website Period/Year Ended Art Gallery of New South Wales Foundation www.artgallery.nsw.gov.au 30 June 2009 Arts Education Foundation Trust www.schools.nsw.edu.au 30 June 2009 Boxing Authority of New South Wales * 30 June 2009 Casino, Liquor and Gaming Control Authority www.clgca.nsw.gov.au 30 June 2009 Coffs Harbour Technology Park Limited www.coffsinnovation.com.au/ techpark/index.htm 30 June 2009 Community Relations Commission for a Multicultural New South Wales www.crc.nsw.gov.au 30 June 2009 - Office of the Community Relations Commission * 30 June 2009 New South Wales Film and Television Office www.fto.nsw.gov.au 30 June 2009 New South Wales Institute of Sport www.nswis.com.au 30 June 2009 - Institute of Sport Division * 30 June 2009 NSW Institute of Teachers www.nswteachers.nsw.edu.au 30 June 2009 - Office of the Institute of Teachers * 30 June 2009 Office for Children www.kidsgaurdian.nsw.gov.au & www.kids.nsw.gov.au 30 June 2009 Parramatta Park Trust www.ppt.nsw.gov.au 30 June 2009 State Sports Centre Trust www.sports-centre.com.au 30 June 2009 - State Sports Centre Trust Division * 30 June 2009 Sydney 2009 World Masters Games Organising Committee www.2009worldmasters.com 30 June 2009 - Office Of The Sydney 2009 World Masters Games Organising Committee * 30 June 2009 - Sydney 2009 World Masters Games Organising Committee Division * 30 June 2009 The Board of Studies www.boardofstudies.nsw.edu.au 30 June 2009 - Board of Studies Casual Staff Division * 30 June 2009 The Brett Whiteley Foundation www.brettwhiteley.com.au 30 June 2009 * This entity does not have a website. This is trial version www.adultpdf.com This is trial version www.adultpdf.com . 2009 - Institute of Sport Division * 30 June 2009 NSW Institute of Teachers www.nswteachers.nsw.edu.au 30 June 2009 - Office of the Institute of Teachers * 30 June 2009 Office for Children. June 2009 - Office of the Community Relations Commission * 30 June 2009 New South Wales Film and Television Office www.fto.nsw.gov.au 30 June 2009 New South Wales Institute of Sport www.nswis.com.au . 2009 - Office Of The Sydney 2009 World Masters Games Organising Committee * 30 June 2009 - Sydney 2009 World Masters Games Organising Committee Division * 30 June 2009 The Board of Studies