Australian Capital Territory
Financial Management (Periodic and Annual Financial Statements) Guidelines 2005
Disallowable instrument DI2005–272
made under the
Financial Management Act 1996, s107 (Guideline-making power)

The Treasurer makes the following guidelines under the Financial Management Act 1996, section 107 (Guideline-making power).
Dated: 23 November 2005

Ted Quinlan  MLA
Treasurer

Australian Capital Territory
Financial Management (Periodic and Annual Financial Statements) Guidelines 2005
Disallowable instrument DI2005–272
made under the  
Financial Management Act 1996, s107 (Guideline-making power)

1	Name of guidelines
These guidelines are the Financial Management (Periodic and Annual Financial Statements) Guidelines 2005.
2	Commencement
These guidelines commence on the day after their notification day.
3	Financial statements for budget review-general government sector‑Act, s 20B (3) (a)
The following updated financial statements are required:
(a)	an operating statement estimated for the year;
(b)	a balance sheet that is planned for the end of the year;
(c)	a statement of changes in equity estimated for the year;
(d)	a cash flow statement estimated for the year.
4	Financial statements for pre-election budget update‑Act, s 20D (3) (a)
The following updated financial statements are required:
(a)	an operating statement estimated for the year;
(b)	a balance sheet that is planned for the end of the year;
(c)	a statement of changes in equity estimated for the year;
(d)	a cash flow statement estimated for the year.
5	Annual financial statements of the Territory‑Act, s 22 (2) (a)
The following financial statements are required:
(a)	an operating statement for the year;
(b)	a balance sheet at the end of the year;
(c)	a statement of changes in equity for the year;
(d)	a cash flow statement for the Territory for the year;
(e)	a statement of appropriation for the year.
6	Periodic financial statements of the Territory‑Act, s 26 (2)
(1)	The financial statements for the quarter must include the following:
(a)	an operating statement for the quarter-
(i)	in relation to the Territory; and
(ii)	in relation to the general government sector; and
(iii)	in relation to the public trading enterprise sector;
(b)	a cash flow statement for the quarter-
(i)	in relation to the Territory; and
(ii)	in relation to the general government sector; and
(iii)	in relation to the public trading enterprise sector.
(2)	The financial statements for the period from the beginning of the financial year until the end of the quarter must include the following:
(a)	an operating statement for the period-
(i)	in relation to the Territory; and
(ii)	in relation to the general government sector; and
(iii)	in relation to the public trading enterprise sector;
(b)	a balance sheet at the end of the period-
(i)	in relation to the Territory; and
(ii)	in relation to the general government sector; and
(iii)	in relation to the public trading enterprise sector;
(c)	a statement of changes in equity for the period-
(i)	in relation to the Territory; and
(ii)	in relation to the general government sector; and
(iii)	in relation to the public trading enterprise sector;
(d)	a cash flow statement for the period-
(i)	in relation to the Territory; and
(ii)	in relation to the general government sector; and
(iii)	in relation to the public trading enterprise sector.
7	Annual financial statements of departments‑Act, s 27 (3) (a)
(1)	The following financial statements are required:
(a)	an operating statement for the year;
(b)	a balance sheet at the end of the year;
(c)	a statement of changes in equity for the year;
(d)	a cash flow statement for the year;
(e)	a statement of appropriation for the year.
(2)	An operating statement mentioned in subsection (1) (a) must include-
(a)	an operating statement for each appropriation unit for the year; and
(b)	an operating statement for each class of outputs for the year.
(3)	Subsection (2) (b) does not apply to the Legislative Assembly secretariat.
8	Annual financial statements for Territory authorities‑Act, s 63 (3) (a)
The following financial statements are required:
(a)	an operating statement for the year;
(b)	a balance sheet at the end of the year;
(c)	a statement of changes in equity for the year;
(d)	a cash flow statement for the year;
(e)	where an appropriation has been made to the territory authority, a statement of appropriation for the year.
9	Financial Management Guidelines 2002, Sections 8B to 11 and 13
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