The 2016–17 financial statements show an operating surplus of $0.039m.
The ALRC’s operating revenue of $2.790m comprised of revenue from government of $2.751m, revenue from sale of goods (publications) of $0.003m, other revenue (audit renumeration) of $0.031m and other gains (overpayment of publishing costs) of $0.005m.
Total operating expenses of $2.751m were $0.114m more than in 2015–16. This increase is due to the ALRC working on two inquiries as opposed to one in the previous year.
The ALRC’s depreciation and amortisation expense decreased by $0.014m.
The ALRC’s total equity increased by $0.055m. This includes contributed equity of $0.016m.
The ALRC’s total assets increased by $0.030m.
The ALRC’s total liabilities decreased by $0.025m.
Entity resource statement
The ALRC’s Entity Resource Statement and Expenses for Outcomes 2016–17 which summarises the total resources available to the ALRC and the total payments made by the ALRC during 2016–17 is at Appendix B.
The ALRC has not had any significant non compliance with financial requirements and has therefore, not made any report to its Minister, the Attorney-General.