BUDGET ASSETS AND LIABILITIES

In reply to Mrs REDMOND (Heysen) (26 June 2013).

The Hon. J.W. WEATHERILL (Cheltenham—Premier, Treasurer, Minister for State Development, Minister for the Public Sector, Minister for the Arts): I have been advised of the following:

The variation between the 2011-12 actual and 2012-13 budget for current assets and liabilities, as reported in the administered items for the Department of the Premier and Cabinet, is predominately due to the transfer of Service SA to the department, as part of the 2011 machinery of government changes.

As at 30 June 2012, Service SA administered items reported a closing cash and corresponding payables balance of $46.413 million (reflecting receipts collected on behalf of various agencies). Whilst these balances were not reflected in the 2012-13 budget, an adjustment was made to include these balances within the 2012-13 estimated result.