Western Australian Current Regulations Western Australian Current Regulations (1) The annual
financial report must —
(a)
include a statement setting out all movements of money to and from reserve
accounts that has not been included in the income statement but that has been
included in the statement of financial activity; and
(b)
include the net current assets carried forward from the previous financial
year for the purpose of the budget of the financial year to which the report
relates; and
(c)
include the net current assets shown in the audited annual financial report
for the previous financial year; and
(d)
include, or be accompanied by a note containing, a summary explaining the
composition of the net current assets referred to in paragraphs (b) and
(c); and
(e)
include, if the net current assets referred to in paragraph (b) is
different from the net current assets referred to in paragraph (c), the
amount of that difference; and
(f)
include notes or statements containing the information set out in
regulations 37 to 48.
(2) The detail
included under subregulation (1)(b), (c) and (d) must be structured
in the same way as the detail included in the annual budget under
regulation 31(1) and (3)(a).
(3) The annual
financial report must include the following —
(a) the
statement of financial activity included under regulation 22(1)(d) in the
annual budget for the year to which the report relates;
(b)
adjacent to each item in that statement of financial activity that states an
amount, the end‑of‑year amount for the item;
(c)
adjacent to each item in the income statement that states an
end‑of‑year amount, the original budget estimate for the item;
(d)
adjacent to each item, required by a provision of these regulations listed in
the Table, that states an end‑of‑year amount, the original budget
estimate for the item.
Table
|
r. 36(1)(a) |
r. 38(1)(b), (c) and (e) |
|
r. 39(a), (b)(v), (d)(iv) and (e)(v) |
r. 42(a) to (d) |
|
r. 43(a), (b) and (c)(i) and (ii) |
r. 44(a) to (c) |
|
r. 48(d)(i) and (vii) and (f)(ii) to (v) | |
(4) Any information
relating to exclusions from the calculation of a budget deficiency that is
included in the annual financial report must be structured in the same way as
the corresponding information included in the annual budget.
[Regulation 36 inserted: SL 2023/106
r. 20.]