Document 2

ENTITY FOREIGN EXCHANGE REPORT FOR 2011-12

Entity Name:   Department of Treasury

Please complete the following questions by ticking the appropriate boxes.

1. Entities that have opted back into the forex reporting process

Such entities should note that consistent with the policy, information provided _in the templates should cover new exposures only, which have arisen after opting back in.

2. Foreign Exchange Exposures

Does the entity have any foreign exchange exposure to report?

Forex exposures are calculated as the Australian dollar amounts that are expected to be paid or received in a foreign currency. This calculates the entity's  exposure to loss (or gain) as a result of · movements  in exchange rates. Exposures represent expected transactions and therefore, are not realised gains or losses.
C 	If no, go to question 3.

0	If yes, please complete Template 1 -Foreign Exchange Exposures.

3. Foreign Exchange Gain or Loss for the Previous Year

In 2010-11, did the entity make an overall foreign exchange gain/loss in excess of A$5 million, or
1 per cent of its departmental appropriation (for FMA Agencies), or total cash expenditure (for
CAC bodies)? 	·
0	If no, go to question 4.

C 	If yes, please complete Template 2-Foreign Exchange Gain or Loss for the Previous Year.

4. Foreign Exchange Adjustments

Did the entity make any adjustments to resourcing, for the foreign exchange component of transactions, for 2011-12 and/or the forward years?
0	If no, go to question 5.

C 	If yes, please complete Template 3 -Foreign Exchange Adjustments.
EM 2011/39 3 November 2010 King Edward Terrace, Parkes, ACT • Telephone 02 6215 2222 • Facsimile 02 6273 3021 • Internet
www.fmance.gov.au 2

5. Does the entity seek to apply to opt out of future annual foreign exchange reporting requirements?

0 If no, please sign off.

C 		If yes •	please complete Template 1 -Foreign Exchange Exposures, as this will be used by Finance to assess applications; and

•	please confirm that the entity has advised its Minister of this application to opt out of foreign exchange reporting. •  Date Minister was advised:  	_

Further background information on opting out of foreign exchange reporting is availablein
Estimates Memorandum 2006/37.

Sign-off by the CFO

I                                                                     Chief Financial Officer
of ....Department of Treasury......................................................................... ·

certify that the information provided is complete and accurate and that it, and all relevant management  practices, complies with the Australian Government Foreign Exchange Risk Management Guidelines.

Signature of CFO: Date: 	Jb ( '' {"

Forward all documentation to your AAU in the Department of Finance and Deregulation.If you have any queries,please contact your AAU for assistance.

Foreign Exchange Exposures 	Template 1

IEntity Name:    Department of Treasury 	J

Departmental Payable	0.000 	0.000 	0.000 	0.000 	0.000

Departmental Receivable	0.000 	0.000 	0.000 	0.000 	0.000

Departmental Exposures	0.000 	0.000 	0.000 	0.000 	0.000

inistered Payable	4,658.686 	4,625.793 	4,658.984 	4,724.503 	4,790.986

inistered Receivable	5,946.397 	5,211.436 	10,381.432	11,342.406 	11,500.752

Administered Exposures	10,605.083	9,837.229 	.15,040.416 	16,066.909 	16,291.738

1. Exposure is departmental or administered amounts payable or receivable in a foreign currency,and Australian dollar amounts payable or receivable, which are calculated based on a foreign currency.
·Notes: 	2.Exposures are always positive.
3.To calculate estimated foreign exchange exposures,please use the most recent BER as provided by your AAU in Finance.
4. All amounts are in AUD millions.

Foreign Exchange Gains and Losses in 2010-11	Template 2

IE-;;-Nam epa tof ; ry	----- 	------ --m 	-

Resources from Government* AUDm

Please identify the reason for any significant gains/losses or adjustments.

Identify the total gain(+) or loss(-) realised from foreign exchange transactions which
A
in the period 1July 2010 to 30 June :2011.

8	Identify the total adjustments made to resourcing to reflect 2010-11gain or loss	0

* means Departmental appropriation for FMA Agencies and Commonwealth payments to CAC bodies. All amounts are in AUD millions. Notes: 	.
See the Estimates Memorandum for explanations of gain,loss and exposures and guidance on applying the most recent Budget Exchange Rate (BER) to calculate exposures.

Foreign Exchange Adjustments for 2011-12 and Forward Years 	Template 3

Entity Name:  Department of Treasury

A	Identify the overall gain (+)or loss(-) from foreign exchange transactions that occurred between
1July 2010 and the most recent estimates update		

B	
Identify adjustments made (to resourcing estimates) to reflect the gain or loss in A above		

c	Identify the overall adjustments required (to resourcing estimates) to reflect updated exposure		
immediatly after  the most recent estimates update,to  30 June 2012		
Identify adjustments made (to resourcing estimates) to reflect updated exposures
the period immediatly after  the most recent estimates update, to 30 June 2012		

Resources from

s

Identify adjustments made to reflect updated exposures for 2014-15

* means Departmental appropriation for FMA Agencies and Commonwealth payments to CAC bodies. All amounts are in AUD millions.
Notes   See the Estimates Memorandum for explanations of gain,loss and exposures and guidance on applying the most recent Budget Exchange Rate {BER) to calculate exposures.

A	A gain  should be entered as a positive figure and a loss as a negative figure.

B- H    An adjustment should be entered as a positive figure {representing supplementation) or as a negative figure {representing reduced resourcing).