Australian Maritime Safety Authority
Section 3: Explanatory tables and budgeted financial statements
3.1: Explanatory tables
Estimates of special account flows and balances
AMSA does not maintain special accounts.
3.2: Budgeted financial statements
3.2.1: Analysis of budgeted financial statements
AMSA's budgeted financial statements over the budget and forward estimates have been adjusted to include the impact of AASB 16 lease accounting standards and opening balances reported in the 2018–19 audited financial statements. Reported surpluses have been revised downward to incorporate its effect.
In addition, the forward estimates have been adjusted to take into account the effect of indexation adjustments and efficiency dividend. AMSA has absorbed the impact within those affected activities.