Section 5: Budgeted financial statements
5.1 Analysis of budgeted financial statements
Budgeted departmental income statement
The Corporations and Markets Advisory Committee (CAMAC) is budgeting for a break-even operating result for 2007-08.
Budgeted departmental balance sheet
This statement shows the financial position of CAMAC. It helps decision-makers to track the management of CAMAC’s assets and liabilities.
Budgeted departmental statement of cash flows
This statement identifies expected cash flows from operating activities, investing activities and financing activities.
Departmental capital budget statement
This statement shows all proposed capital expenditure funded through the Budget as appropriation or from internal sources.
Departmental property, plant, equipment and intangibles — summary of movement
This statement shows the movement in CAMAC’s non-financial assets during the budget year.
5.2 Budgeted financial statements tables
Table 5.1: Budgeted departmental income statement
(for the period ended 30 June)
Table 5.2: Budgeted departmental balance sheet (as at 30 June)
Table 5.3: Budgeted departmental statement of cash flows
(for the period ended 30 June)
Table 5.4: Departmental statement of changes in equity — summary of movement
(Budget year 2007-08)
Table 5.5: Departmental capital budget statement
Table 5.6: Departmental property, plant, equipment and intangibles — summary of movement (Budget year 2007-08)
Table 5.7: Schedule of budgeted income and expenses administered on behalf of government
(for the period ended 30 June)
CAMAC does not have any administered items.
Table 5.8: Schedule of budgeted assets and liabilities administered on behalf of government (as at 30 June)
CAMAC does not have any administered items.
Table 5.9: Schedule of budgeted administered cash flows
(for the period ended 30 June)
CAMAC does not have any administered items.
Table 5.10: Schedule of administered capital budget
CAMAC does not have any administered items.
Table 5.11: Schedule of administered property, plant, equipment and intangibles — summary of movement (Budget year 2007-08)
CAMAC does not have any administered items.
5.3 Notes to the financial statements
Basis of accounting
The budgeted financial statements have been prepared on an accrual basis in accordance with the historical cost convention.