Investor Presentaiton

Department of Health Notes to the financial statements For the year ended on 30 June 2023 Future impact of Australian Accounting Standards not yet operative (continued) AASB 2022-8 Amendments to Australian Accounting Standards - Insurance Contracts: Consequential Amendments This Standard amends: (a) AASB 1; (b) AASB 3; (c) AASB 5; (d) AASB 7; (e) AASB 9; (f) AASB 15; (g) AASB 17; (h) AASB 119; (i) AASB 132; (j) AASB 136; (k) AASB 137; (1) AASB 138; (m) AASB 1057; and (n) AASB 1058, to permit public sector entities to continue applying AASB 4 and AASB 1023 to annual periods beginning on or after 1 January 2023 but before 1 July 2026. There is no financial impact. Operative for reporting periods beginning on/after 1 Jan 2024 Operative for reporting periods beginning on/after 1 Jan 2023 AASB 2020-1 Amendments to Australian Accounting Standards - Classification of Liabilities as Current or Non-current 1 Jan 2024 This Standard amends AASB 101 to clarify requirements for the presentation of liabilities in the statement of financial position as current or non-current. These is no financial impact. AASB 2022-5 Amendments to Australian Accounting Standards - Lease Liability in a Sale and Leaseback 1 Jan 2024 This Standard amends AASB 16 to add measurement requirements for sale and leaseback transactions that satisfy the requirements in AASB 15 to be accounted for as a sale. There is no financial impact. AASB 2022-6 Amendments to Australian Accounting Standards - Non-current Liabilities with Covenants 1 Jan 2024 This Standard amends AASB 101 to improve the information an entity provides in its financial statements about liabilities arising from loan arrangements for which the entity's right to defer settlement of those liabilities for at least 12 months after the reporting period is subject to the entity complying with conditions specified in the loan arrangement. The Standard also amends an example in Practice Statement 2 regarding assessing whether information about covenants is material for disclosure. There is no financial impact. < 189 Contents About us Significant issues Report on operations Agency performance Operational disclosures Key performance indicators Financial disclosures and compliance Appendix

View entire presentation