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Abstract: . . . Budgeted financial statements 5.3: N OTES TO THE FINANCIAL STATEMENTS Departmental ASDA ceased operations on the 13 March 2006 and ASADA commenced operations on the 14 March 2006. Figures shown for estimated actuals for 2005-06 relate to the ASDA and ASADA. Basis of Accounting The agency budget statements have been prepared in accordance with the Australian Equivalents to International Financial Reporting Standards (AEIFRS), Australian Accounting Standards, Accounting Guidance Releases and having regard to Statements of Accounting Concepts. 254 . . . . . . being undertaken by ASADA. Conversely revenue from Government reduces substantially after 2007-08 as the result of the lapsing Tough on Drugs in Sports Program, which lapses at the end of 2007-08. Sales of Goods and Services will decrease in 2006-07 due to the reduction in additional testing which was undertaken in 2005-06 for the Commonwealth Games in Melbourne. The reduction of employee and supplier expenses in 2008-09 onwards reflects the lapsing Tough on Drugs in Sports Program. Table 5.2: Budgeted Departmental Balance Sheet The total equity position of ASADA is budgeted to increase by $0.018m as a result of the expected surplus for 2006-07. Table 5.3: Budgeted Departmental Statement of Cash Flows The pattern of operating cash received and cash used reflects the expense patterns as per Table 5.1. The reduction of the level of investing cash used for the purchase of property, plant and equipment from $0.925m in 2005-06 . . . . . . banned doping practices in sport through education, testing, investigation and the development, approval and monitoring of sporting organisations anti- doping policies. It will deliver the Enforcement program by managing results of adverse analytical findings, presenting cases at hearings and making recommendations about sanctions. ASADAs programs are directed at athletes, athlete support personnel, sport science and medical personnel and sports administrators. The Authority is active within Australia and internationally. ASADA delivers value for money outcomes in influencing and delivering Government policy. Its vision is to be the driving force for pure performance in sport. Changes to Outcomes and Outputs ASADAs Outcome and Outputs have been revised to reflect the functions of ASADA. Table 1.1: Agency outcomes and output groups Outcome Output Outcome 1 Output 1.1 Deterrence Program . . . --3000,3,500,2888,37433
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