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_____________________________________________________________________
AUSTRALIAN FEDERAL POLICE
Financial Statements
For the Year Ended 30 June 2000
Statement by the Commissioner of Police
_____________________________________________________________________
In my opinion, the attached financial statements give a true and fair view of th
ACT 1982 (CTH) e 
matters required by Schedule 2 of the Finance Minister’s Orders made under 
section 63 of the Financial Management and Accountability Act 1997.
AND RELEASED BY 
UNDER THE 
THIS DOCUMENT IS DE-CLASSIFIED 
INFORMATION 
THE AUSTRALIAN FEDERAL POLICE 
Signed ……………………………………………
FREEDOM OF 
M. J. Palmer
Commissioner
Dated
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AUSTRALIAN FEDERAL POLICE
OPERATING STATEMENT
for the year ended 30 June 2000 
Notes
1999-2000
1998-99
$'000
$'000
Operating revenues
Revenues from Government
4A
282,941
209,181
Sales of goods and services
4B
79,958
74,696
Other revenue from independent sources
4B
105
247
Net gains from sale of assets
4C
17
-
Total operating revenues 
363,021
284,124
Operating expenses
Employees - before abnormal items
5A
217,413
181,852
Suppliers
5B
98,953
79,207
Depreciation and amortisation
5C
11,143
12,326
Write down of assets
5D
626
-
Interest
6
911
1,334
Net losses from sales of assets
5E
760
109
Total operating expenses
329,806
274,828
ACT 1982 (CTH)
Operating surplus before abnormal item
33,215
9,296
Abnormal item
7A
(34,000)
-
AND RELEASED BY 
UNDER THE 
Net surplus/(deficit) after abnormal item
(785)
9,296
THIS DOCUMENT IS DE-CLASSIFIED 
INFORMATION 
THE AUSTRALIAN FEDERAL POLICE 
Net deficit attributable to the Commonwealth
(785)
9,296
Accumulated deficits at 1 July
(94,504)
(102,864)
Adjustment to accumulated deficits at 1 July
(6,702)
(937)
FREEDOM OF 
(101,991)
(94,504)
Accumulated deficits at 30 June
(101,991)
(94,504)
The above statement should be read in conjunction with the accompanying notes.
CRM 2020/431
FOLIO 104

AUSTRALIAN FEDERAL POLICE
STATEMENT OF ADMINISTERED REVENUES AND EXPENSES
for the year ended 30 June 2000
Notes
1999-2000
1998-99
$'000
$'000
Operating revenues
Revenue from Government
4D
7,899
7,225
Sale of goods and services 
4D
-
1,892
Other
4D
869
249
Total operating revenues
8,768
9,366
Operating expenses
Other - appropriation paid to ABCI, ACPR and AIPM
6,775
6,866
          - Cyprus, Interpol, Defective Administration
1,124
-
Total operating expenses
7,899
6,866
Net contribution to the Budget Outcome
869
2,500
ACT 1982 (CTH)
Transfer to Official Commonwealth Public Account
(703)
(2,141)
Net surplus/(deficit)
166
360
Accumulated results at 1 July
(2,965)
(3,325)
Accumulated results at 30 June
AND RELEASED BY 
(2,799)
(2,965)
UNDER THE 
THIS DOCUMENT IS DE-CLASSIFIED 
INFORMATION 
The above statement should be read in conjunction with the accompanying notes.
THE AUSTRALIAN FEDERAL POLICE 
FREEDOM OF 
CRM 2020/431
FOLIO 105

AUSTRALIAN FEDERAL POLICE
BALANCE SHEET
As at 30 June 2000
Notes
1999-2000
1998-99
$'000
$'000
ASSETS
Financial assets
Cash
54,795
2,334
Receivables
8A
3,159
28,722
Other
8B
826
249
Total financial assets
58,780
31,305
Non-financial assets
Land and buildings
9A,C
-
113
Infrastructure, plant and equipment
9B,C
40,078
34,052
Intangibles
9D
5,894
7,927
Other
9E
6,285
8,035
Total non-financial assets
52,257
50,127
Total assets
111,037
81,432
LIABILITIES
Debt
ACT 1982 (CTH)
Loans
10A
12,681
12,681
Leases
10B
-
904
Other debt
10C
324
390
Total debt
AND RELEASED BY 
13,005
13,975
UNDER THE 
Provisions and payablesTHIS DOCUMENT IS DE-CLASSIFIED 
INFORMATION 
Employees
11A
102,467
119,118
Suppliers
11B
7,500
3,120
THE AUSTRALIAN FEDERAL POLICE 
Other
11C
5,373
7,747
Total provisions and payables
115,340
129,985
Total liabilities
FREEDOM OF 
128,345
143,960
EQUITY
Capital
75,866
-
Reserves
8,818
31,976
Accumulated deficits
(101,991)
(94,504)
Total equity
12A
(17,307)
(62,528)
Total liabilities and equity
111,037
81,432
Current liabilities
83,025
31,990
Non-current liabilities
45,320
111,970
Current assets
65,065
39,341
Non-current assets
45,972
42,091
The above statement should be read in conjunction with the accompanying notes.
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FOLIO 106

AUSTRALIAN FEDERAL POLICE
STATEMENT OF ADMINISTERED ASSETS AND LIABILITIES
As at 30 June 2000
Notes
1999-2000
1998-99
$'000
$'000
LIABILITIES
Provisions and payables
Other
11D
-
166
Total provisions and payables
-
166
EQUITY
Accumulated results
(2,799)
(2,965)
Reserves
2,799
2,799
Total equity
12B
-
(166)
TOTAL LIABILITIES AND EQUITIES
-
-
Current liabilities
-
166
ACT 1982 (CTH)
The above statement should be read in conjunction with the accompany
AND RELEASED BY 
ing notes.
UNDER THE 
THIS DOCUMENT IS DE-CLASSIFIED 
INFORMATION 
THE AUSTRALIAN FEDERAL POLICE 
FREEDOM OF 
CRM 2020/431
FOLIO 107

AUSTRALIAN FEDERAL POLICE
STATEMENT OF CASH FLOWS
for the year ended 30 June 2000
Notes
1999-2000
1998-99
 $'000
$'000
OPERATING ACTIVITIES
Cash received

Appropriations for outputs
282,845
198,470
Sales of goods and services
81,483
72,717
Other
105
247
Total cash received
364,433
271,434
Cash used
Employees
273,880
180,031
Suppliers
97,236
87,348
Interest
911
1,334
Total cash used
372,027
268,713
Net cash from (used by) operating activities
13A
(7,594)
2,721
INVESTING ACTIVITIES
Cash received

Appropriations
-
10,049
Proceeds from sales of property, plant and equipment
671
ACT 1982 (CTH)
2
Proceeds from sale of equity instruments
-
1,120
Total cash received
671
11,171
AND RELEASED BY 
Cash used
UNDER THE 
Purchase of property, plant and equipment
15,512
10,049
THIS DOCUMENT IS DE-CLASSIFIED 
INFORMATION 
Total cash used
15,512
10,049
THE AUSTRALIAN FEDERAL POLICE 
Net cash from (used by) investing activities
(14,841)
1,122
FINANCING ACTIVITIES
Cash received

FREEDOM OF 
Equity injection
75,866
-
Total cash received
75,866
-
Cash used
Repayment of debt
970
2,331
Total cash used
970
2,331
Net cash from (used by) financing activities
74,896
(2,331)
Net increase (decrease) in cash held
52,461
1,512
Cash at the beginning of the reporting period
2,334
822
Cash at the end of the reporting period
54,795
2,334
The above statement should be read in conjunction with the accompanying notes.
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FOLIO 108

AUSTRALIAN FEDERAL POLICE
SCHEDULE OF COMMITMENTS
as at 30 June 2000
Note
1999-2000
1998-99
BY TYPE
$'000
$'000
CAPITAL COMMITMENTS
Infrastructure, plant and equipment 1
-
1,318
Total capital commitments
-
1,318
OTHER COMMITMENTS
Operating leases 2
95,862
105,917
Other commitments
6,331
5,077
Total other commitments
102,193
110,994
Net commitments
102,193
112,312
BY MATURITY
All Net Commitments

One year or less
29,259
26,491
From one to five years
69,167
68,317
Over five years
3,767
17,504
ACT 1982 (CTH)
Net Commitments
102,193
112,312
Operating Lease Commitments
AND RELEASED BY 
One year or less
UNDER THE  26,049
21,569
From one to five years
66,046
66,844
THIS DOCUMENT IS DE-CLASSIFIED 
INFORMATION 
Over five years
3,767
17,504
Net Commitments
95,862
105,917
THE AUSTRALIAN FEDERAL POLICE 
NB:  All 1999-00 commitments are GST inclusive where relevant.  The comparatives have 
not been adjusted to reflect the GST.
FREEDOM OF 
There are no commitments for administered matters.
1  Plant and equipment commitments in 1998-99 are primarily contracts for the 
purchase of new communications equipment.
2 Operating leases included are effectively non-cancellable and comprise:
. leases for office accommodation;
.  agreements for the provision of motor vehicles; and
.  leases in relation to computer and other equipment.
The above schedule should be read in conjunction with the accompanying notes.
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AUSTRALIAN FEDERAL POLICE
SCHEDULE OF CONTINGENCIES
For the year ended 30 June 2000
1999-2000
1998-99
$'000
$'000
CONTINGENT LOSSES
Claims for damages/costs 1
8,570
2,416
Other
-
14
Total contingent losses
8,570
2,430
CONTINGENT GAINS
Claims for damages/costs
-
-
Total contingent gains
-
-
Net contingencies
8,570
2,430
Remote contingencies are disclosed in Note 14.
1 The amount represents an estimate of the AFP's liability based on precedent cases.
The AFP is defending the claims.
There are no contingent losses for Administered matters
ACT 1982 (CTH)
There were no unquantifiable contingent losses for Administered matters.
The above schedule should be read in conjunction with the accompanying notes.
AND RELEASED BY 
UNDER THE 
THIS DOCUMENT IS DE-CLASSIFIED 
INFORMATION 
THE AUSTRALIAN FEDERAL POLICE 
FREEDOM OF 
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FOLIO 110

AUSTRALIAN FEDERAL POLICE
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
For the year ended 30 June 2000
___________________________________________________________________________________
Note 1 – Objectives of the Australian Federal Police
The objectives of the Australian Federal Police (AFP) are to enforce Commonwealth 
criminal law and protect Commonwealth and national interests from crime in 
Australia and overseas.  In order to achieve these objectives, the Australian Federal 
Police is structured to meet 5 outcomes:
Outcome 1:  Criminal activity is deterred in areas impacting on the Commonwealth
                     Governments interests
Outcome 2:  Those individuals and interests identified by the Commonwealth 
                     Government or the AFP as being at risk are kept safe and secure as a
                     result of AFP protective services
Outcome 3:  Policing activity creates a safer and more secure environment in the 
                    Australian Capital Territory (ACT), Jervis Bay and Australia’s external 
                    territories
Outcome 4:  The Commonwealth Government contributes effectively to international 
                     law enforcement interests
Outcome 5:  Community confidence in honesty, effectiveness and accountability of 
                     the AFP is high.
ACT 1982 (CTH)
Note 2 – Summary of Significant Accounting Policies
AND RELEASED BY 
UNDER THE 
2.1  Basis of Accounting
THIS DOCUMENT IS DE-CLASSIFIED 
INFORMATION 
The financial statements are required by section 49 of the Financial Management and 
THE AUSTRALIAN FEDERAL POLICE 
Accountability Act 1997 and are a general purpose financial report.
The statements have been prepared in accordance with: 
•  Requirements for the Preparation of Financial Statement of Commonwealth 
FREEDOM OF 
Agencies and Authorities made by the Minister for Finance and Administration in 
August 1999 (Schedule 2 to the Financial Management and Accountability (FMA) 
Orders).
•  Australian Accounting Standards;
•  other authoritative pronouncements of the Australian Accounting Standards 
Boards, and
•  the Consensus Views of the Urgent Issues Group.
The statements have been prepared having regard to:
•  Statements of Accounting Concepts; and
•  the Explanatory Notes to Schedule 2 issued by the Department of Finance and 
Administration.
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AUSTRALIAN FEDERAL POLICE
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
For the year ended 30 June 2000
___________________________________________________________________________________
Note 2 (cont)
The financial statements have been prepared on an accrual basis and are in accordance 
with historical cost convention, except for certain assets which, as noted, are at 
valuation.  Except where stated, no allowance is made for the effect of changing 
prices on the results or the financial position.
The continued existence of the AFP in its present form, and with its present programs, 
is dependent on Government policy and on continuing appropriations by Parliament 
for the AFP’s administration and programs.
2.2
Changes in Accounting Policy
Changes in accounting policy have been identified in this note under their appropriate 
headings.
2.3
Agency and Administered Items
Agency assets, liabilities, revenues and expenses are those items that are controlled by 
the AFP.  They are used by the AFP in producing its outputs, including:
•  computers, plant and equipment used in providing goods and services,
•  liabilities for employee entitlements,
•  revenues from appropriations or independent sources in payment of outputs, and
• 
ACT 1982 (CTH)
employee, supplier and depreciation expenses incurred in producing the AFP’s
outputs.
Administered items are those items which are controlled by the Government and 
AND RELEASED BY 
managed or oversighted by the AFP on behalf of the Gove
UNDER THE  rnment.  These items 
include the Australian Bureau of Criminal Intelligence, the Australian Centre for 
THIS DOCUMENT IS DE-CLASSIFIED 
INFORMATION 
Policing Research and the Australian Institute Police Management.
THE AUSTRALIAN FEDERAL POLICE 
The purposes of the separation of agency and administered items are to enable 
assessment of the administrative efficiency of the AFP in providing goods and 
services.
FREEDOM OF 
The basis of accounting described in Note 2.1 applies to both agency and 
administered items. 
Administered items are distinguished from agency items in the financial statements by 
shading.
2.4
Principles of Consolidation
In the process of reporting the AFP as a single unit, and in preparation of the outcome 
statements, any intra- and inter-outcome transactions and balances have been 
eliminated in full.
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FOLIO 112

AUSTRALIAN FEDERAL POLICE
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
For the year ended 30 June 2000
___________________________________________________________________________________
Note 2 (cont)
2.5
Reporting by Outcomes
A comparison of Budget and Actual figures by outcome specified in the 
Appropriation Acts relevant to the AFP is presented in Note 16.  The net cost to 
Budget outcomes shown includes intra-government costs that are eliminated in 
calculating the actual budget outcome for the Government overall.
2.6
Revenues from Government
Revenues from government are revenues relating to the core operating activities of the 
AFP.
Policies for accounting for revenue from government follow; amounts and other 
details are given in Note 4 – Operating Revenue.
Agency Appropriations
From 1 July 1999, the Commonwealth Budget has been prepared under an accruals 
framework.
Appropriations to the AFP for departmental outputs are recognised as revenue to the 
extent they have been received into the AFP’s bank account or are entitled to
ACT 1982 (CTH)  be 
received by the AFP at year end
Appropriations to the AFP for its departmental capital items are recognised directly in 
AND RELEASED BY 
equity, to the extent that the appropriation has been recei
UNDER THE  ved into the AFP’s bank 
account or are entitled to be received by the AFP at year end.
THIS DOCUMENT IS DE-CLASSIFIED 
INFORMATION 
The appropriations for departmental capital items for 1999-2000 include, as 
carryovers, the re-appropriation to the AFP of certain unspent amo
THE AUSTRALIAN FEDERAL POLICE  unts from 1998-99.
These amounts were recognised directly in equity in the financial statements for 1998-
99.
FREEDOM OF 
This is a change in the policy adopted in prior years when the AFP’s appropriations, 
other than running costs, were recognised as revenue to the extent that the 
appropriations were spent.  Amounts appropriated for agency running costs were 
recognised as revenue in the year of appropriation, except to the extent of
•  unspent amounts not automatically carried over into the new financial year, 
and
•  running costs borrowings.
Administered Appropriations
Appropriations for administered expenses are recognised as revenue to the extent that 
expenses have been incurred up to the limit, if any, of each appropriation.
Appropriations for administered capital are recognised as the amount appropriated by 
Parliament.
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AUSTRALIAN FEDERAL POLICE
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
For the year ended 30 June 2000
___________________________________________________________________________________
Note 2 (cont)
Resources Received Free of Charge
Services received free of charge are recognised in the Operating Statement as revenue 
when and only when a fair value can be reliably determined and the services would 
have been purchased if they had not been donated. Use of those resources is 
recognised as an expense.
Contributions of assets at no cost of acquisition or for nominal consideration are 
recognised at their fair value when the asset qualifies for recognition, unless received 
from another government agency as a consequence of a restructuring of administrative 
arrangements.
In the latter case, the assets are initially recognised at the amounts at which they were 
recognised by the transferring agency immediately prior to the transfer.
In prior years, net assets received under a restructuring of administrative arrangements 
were recognised as revenue.  From 1 July 1999, such asset transfers are designated as 
transactions of owners and adjusted directly against equity.
2.7
Other Revenue
Revenue from the sale of goods is recognised upon delivery of goods to cust
ACT 1982 (CTH)omers. 
Interest revenue is recognised on a proportional basis taking into account the interest 
rates applicable to the financial assets. Dividend revenue is recognised when the right 
to receive a dividend has been established  Revenue from disposal of non-current
AND RELEASED BY 
assets is recognised when control of the asset has passe
UNDER THE d to the buyer.
AFP revenue from the rendering of a service is recognised
INFORMATION  b
THIS DOCUMENT IS DE-CLASSIFIED y reference to the stage of 
completion of contracts or other agreements to provide services to Commonwealth
bodies.
THE AUSTRALIAN FEDERAL POLICE 
The stage of completion is determined according to the proportion that costs incurred 
to date bear to the estimated total costs of the transaction.
FREEDOM OF 
All revenues described in this note are revenues relating to the core operating 
activities of the AFP, whether in its own right or on behalf of the Commonwealth. 
Details of revenue amounts are given in Note 4.
2.8
Asset Sales Program
The AFP had no major asset sales through OASITO to report for 1999-2000
(1998-99: Nil).
2.9
Grants (Administered)
The AFP does not administer any grant schemes on behalf of the Commonwealth.
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FOLIO 114

AUSTRALIAN FEDERAL POLICE
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
For the year ended 30 June 2000
___________________________________________________________________________________
Note 2 (cont)
2.10
Employee Entitlements
Leave
The liability for employee entitlements includes provision for annual leave and long 
service leave. No provision has been made for sick leave as all sick leave is non-
vesting and the average sick leave taken in future years by employees of the AFP is 
estimated to be less than the annual entitlement for sick leave.
The liability for annual leave reflects the value of total entitlements of all employees 
at 30 June 2000 and is recognised at the nominal amount.
The non-current portion of the liability for long service leave is recognised and 
measured at the present value of the estimated future cash flows to be made in respect 
of all employees at 30 June 2000. In determining the present value of the liability, the 
AFP has taken into account attrition rates and pay increases through promotion and 
inflation.
Separation and Redundancy
Provision is also made for separation and redundancy payments in circumstances 
where the AFP has formally identified positions as excess to requirements an
ACT 1982 (CTH) d a 
reliable estimate of the amount of the payments can be determined.
Superannuation
AND RELEASED BY 
UNDER THE 
Staff of the AFP contribute to the Commonwealth Superannuation Scheme and the 
Public Sector Superannuation Scheme. Employer contribu
INFORMATION tio
THIS DOCUMENT IS DE-CLASSIFIED  ns amounting to 
$20,474,078 (1998-99 $20,004,971) in relation to these schemes have been expensed 
in these financial statements.
THE AUSTRALIAN FEDERAL POLICE 
No liability is shown for superannuation in the Balance Sheet as the employer 
contributions fully extinguish the accruing liability which is assumed by the 
FREEDOM OF 
Commonwealth.
Employer Superannuation Productivity Benefit contributions totalled $3,391,013
(1998-99:  $3,187,206).
AFPAS
The Australian Federal Police Adjustment Scheme (AFPAS) is a payment scheme 
which was established under the AFP Act 1990 to compensate AFP employees for 
loss of tenure.
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AUSTRALIAN FEDERAL POLICE
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
For the year ended 30 June 2000
___________________________________________________________________________________
Note 2 (cont)
Following the introduction of a new certified agreement for AFP employees and 
changes to the AFP Act during the financial year, the AFPAS scheme ceased accruing 
on 5 January 2000 and is being progressively paid out to AFP employees.
As the liability is in the process of being paid out it is shown at its current value rather 
than its discounted value as shown in previous years.
2.11
Leases
A distinction is made between finance leases which effectively transfer from the 
lessor to the lessee substantially all the risks and benefits incidental to ownership of 
leased non-current assets and operating leases under which the lessor effectively 
retains substantially all such risks and benefits.
Where a non-current asset  is acquired by means of a finance lease, the asset is 
capitalised at the present value of minimum lease payments at the inception of the 
lease and a liability recognised for the same amount. Leased assets are amortised over 
the period of the lease. Lease payments are allocated between the principal component 
and the interest expense.
Operating lease payments are charged to the AFP’s Operating Statement on a basis 
which is representative of the pattern of benefits derived from the leased assets. The 
net present value of future net outlays in respect of surplus space under non-
ACT 1982 (CTH)
cancellable lease agreements, if applicable, is expensed in the period in which the 
space becomes surplus.
AND RELEASED BY 
Lease incentives taking the form of  'free' leasehold imp
UNDER THE  rovements and rent free 
holidays are recognised as liabilities. These liabilities are reduced by allocating lease 
payments between rental expense and reduction of the liab
INFORMATION ility
THIS DOCUMENT IS DE-CLASSIFIED  .
2.12
Borrowing Costs
THE AUSTRALIAN FEDERAL POLICE 
All borrowing costs are expensed as incurred except to the extent that they are directly 
attributable to qualifying assets, in which case they are capitalised. The amount 
FREEDOM OF 
capitalised in a reporting period does not exceed the amounts incurred in that period.
2.13
Cash
Cash includes notes and coins held and any deposits held at call with a bank or 
financial institution. 
2.14
Financial Instruments
Accounting policies for financial instruments are stated at Note 21.
CRM 2020/431
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AUSTRALIAN FEDERAL POLICE
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
For the year ended 30 June 2000
___________________________________________________________________________________
Note 2 (cont)
2.15
Acquisition of Assets
Assets are recorded at cost on acquisition except as stated below. The cost of 
acquisition includes the fair value of assets transferred in exchange and liabilities 
undertaken.
Assets acquired at no cost, or for nominal consideration, are initially recognised as 
assets and revenues at their fair value at the date of acquisition, unless acquired as a 
consequence of restructuring administrative arrangements. In the latter case, assets are 
initially recognised at the amounts at which they were recognised in the transferor 
agency's accounts immediately prior to the restructuring.
2.16
Property, Plant and Equipment
Asset recognition threshold
Purchases of property, plant and equipment are recognised initially at cost in the 
Balance Sheet, except for purchases costing less than $2,000, which are expensed in 
the year of acquisition (other than where they form part of a group of similar items 
which are significant in total such as firearms and leasehold improvements).
Revaluations
ACT 1982 (CTH)
Schedule 2 requires that buildings, infrastructure, plant and equipment be 
progressively revalued in accordance with the 'deprival' method of valuation in 
AND RELEASED BY 
successive three year cycles.  Land is to be valued annu
UNDER THE  ally on the basis of its highest 
and best use, unless disposal is restricted by legislation, zoning or Government policy.
In the latter case, the deprival basis should be used and the
INFORMATION  v
THIS DOCUMENT IS DE-CLASSIFIED aluation at highest and 
best use shown in a note.THE AUSTRALIAN FEDERAL POLICE 
The AFP has implemented the requirements of Schedule 2 as follows:
•  firearms were revalued at 30 June 2000. These assets were previously revalued as 
FREEDOM OF 
at 30 June 1997;
•  infrastructure, plant and equipment have been revalued over the financial years
1997-98, 1998-99 and 1999-2000, and thereafter over successive three year 
periods, on a category basis. 
Leasehold improvements at Barton Park, Majura and Weston complex were not 
revalued at 30 June 1998.  The improvements at Barton Park and Majura were not 
revalued due to the uncertainty of the AFP continuing to occupy the properties whilst 
those at Weston complex were not revalued due to the probability of extensive 
renovations in the near future.
Assets in each class acquired after the commencement of the progressive revaluation 
cycle will be reported at cost for the duration of the progressive revaluation then in 
progress.
CRM 2020/431
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AUSTRALIAN FEDERAL POLICE
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
For the year ended 30 June 2000
___________________________________________________________________________________
Note 2 (cont)
Any assets which would not be replaced or are surplus to requirements are valued at 
net realisable value.  At 30 June 2001 the AFP had no assets in this situation.
All valuations are independent.
Recoverable amount test
Schedule 2 requires the application of the recoverable amount test to the AFP’s non-
current assets in accordance with AAS 10 Accounting for the Revaluation of Non-
Current Assets.
  The carrying amounts of these non-current assets have been reviewed 
to determine whether they are in excess of their recoverable amounts.  In assessing 
recoverable amounts, the relevant cash flows have been discounted to their present 
value.
Depreciation and Amortisation
Depreciable property, plant and equipment and intangible assets are written-off over 
their estimated useful lives to the AFP using, in all cases, the straight line method of 
depreciation. Leasehold improvements are amortised on a straight line basis over the 
lesser of either ten (10) years or the unexpired period of the lease.
Depreciation/amortisation rates (useful lives) and methods are reviewed at e
ACT 1982 (CTH)ach 
balance date and necessary adjustments are recognised in the current, or current and 
future reporting periods, as appropriate.  Residual values are re-estimated for a change 
in prices only when assets are revalued.
AND RELEASED BY 
UNDER THE 
Depreciation and amortisation rates applying to each class of depreciable asset are 
based on the following useful lives:
THIS DOCUMENT IS DE-CLASSIFIED 
INFORMATION 
2000-01
THE AUSTRALIAN FEDERAL POLICE 
1999-00
Buildings
25 years
25 years
Plant and equipment
5 to 10 years
5 to 10 years
Leasehold improvements
Max. 10 years
Max. 10 years
FREEDOM OF 
Intangibles
5 years
5 years
The aggregate amount of depreciation allocated for each class of asset during the 
reporting period is disclosed in Note 5C.
2.17
Inventories
Consumable stores and supplies are immaterial and have not been capitalised.
2.18
Taxation
The AFP is exempt from all forms of taxation except fringe benefits tax and the goods 
and services tax.
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AUSTRALIAN FEDERAL POLICE
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
For the year ended 30 June 2000
___________________________________________________________________________________
Note 2 (cont)
2.19
Capital Use Charge
As the AFP has a negative equity, no capital use charge applies to the AFP at present.
2.20
Foreign Currency
Transactions denominated in a foreign currency are converted at the exchange rate at 
the date of the transaction. Foreign currency receivables and payables are translated at 
the exchange rates current as at balance date. Associated currency gains and losses are 
not material.
2.21
Insurance
The Commonwealth’s insurable risk managed fund, call ‘Comcover’, commenced 
operation in 1998-99.  The AFP has insured with the fund for risks other than workers
compensation, which is dealt with via continuing arrangements with Comcare.
2.22
Comparative Figures
Comparative figures have been adjusted to conform with changes in presentation in 
these financial statements where required.
ACT 1982 (CTH)
Comparatives are not presented in Notes dealing with the reporting on outcomes, due 
to 1999-2000 being the first year of the implementation of accrual budgeting.
AND RELEASED BY 
2.23
Rounding
UNDER THE 
Amounts have been rounded to the nearest $1,000 except i
INFORMATION n r
THIS DOCUMENT IS DE-CLASSIFIED  elation to the following:
•  appropriation notes; THE AUSTRALIAN FEDERAL POLICE 
•  act of grace payments, waivers and defective administration;
•  remuneration of auditors; and
•  remuneration of executives.
FREEDOM OF 
2.24
Australian Bureau of Criminal Intelligence (ABCI)
The ABCI is jointly funded by the Commonwealth, the States and the Northern
Territory.
Administrative support to the ABCI is provided by the Commonwealth through 
the AFP.
Appropriation for the ABCI is reported in the AFP's statement of Administered 
Revenues and Expenses and statement of Administered Assets and Liabilities.
CRM 2020/431
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AUSTRALIAN FEDERAL POLICE
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
For the year ended 30 June 2000
___________________________________________________________________________________
Note 2 (cont)
2.25
Australasian Centre for Policing Research (ACPR)
Administrative support to the ACPR (formerly NPRU) is provided by the 
Commonwealth through the AFP.
Appropriations for the agency are reported in the AFP's statement of Administered 
Revenues and Expenses and statement of Administered Assets and Liabilities.
2.26
Australian Institute of Police Management (AIPM)
Administrative support to the AIPM is provided by the Commonwealth through the 
AFP.
Appropriations for the agency are reported in the AFP's statement of Administered 
Revenues and Expenses and statement of Administered Assets and Liabilities.
2.27
Leasehold Restoration
A number of property operating leases entered into by the AFP contain ‘make good’
clauses requiring the fitout contained within the property to be returned to its original 
condition at the termination of the lease.  Due to the nature of AFP operation
ACT 1982 (CTH) s the 
fitout of many properties are subject to modifications and improvements.
As part of the revaluation of AFP leasehold improvements (fitout) the Australian 
AND RELEASED BY 
Valuation Office has estimated the ‘make good’ costs o
UNDER THE f restoring the relevant 
properties to their original state.  This has resulted in the AFP taking up a provision of 
$5,353,500.
THIS DOCUMENT IS DE-CLASSIFIED 
INFORMATION 
THE AUSTRALIAN FEDERAL POLICE 
FREEDOM OF 
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