Document 5

From:
Sent:	Monday, 17 December 2012 9:04 AM
To: Cc:
Subject:	RE: EM 2012/38 - Foreign Exchange Risk Management - Annual Report for 2012-13 [SEC=UNCLASSIFIED]
Attachments:	20121217080047886.pdf.pdf

Hi	,

Please find attached Treasury’s return for the Foreign Exchange Risk Management. If you need further information, please contact me.
Thanks.

From:
Sent: Friday, 7 December 2012 12:24 PM
To:

Cc:
Subject: FW: EM 2012/38 - Foreign Exchange Risk Management - Annual Report for 2012-13 [SEC=UNCLASSIFIED]

UNCLASSIFIED

Dear all

Just a friendly reminder. Please note that your agency needs to provide a return:
1)   Parliamentary Budget Office
2)   Department of the Treasury
3)   Clean Energy Finance Corporation
4)   Australian Competition and Consumer Commission
5)   National Competition Council
6)   Australian Securities and Investments Commission

Greatly appreciate if your team can submit the return (both electronic copy and scanned CFO‐signed copy) by 21
December 2012. Kind Regards

UNCLASSIFIED

From: Budget Advice
Sent: Friday, 7 December 2012 11:26 AM
To:

Subject: EM 2012/38 - Foreign Exchange Risk Management - Annual Report for 2012-13 [SEC=UNCLASSIFIED]

UNCLASSIFIED

Please find attached: EM 2012/38 ‐ Foreign Exchange Risk Management ‐ Annual Report for 2012‐13
This EM will be placed in the Knowledge Management section of the CBMS. EM Coordinator
Budget Policy and Coordination Division
Department of Finance and Deregulation

7 December 2012

UNCLASSIFIED

Finance Australian Business Number (ABN):	61 970 632 495
Finance Web Site:	www.finance.gov.au

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EM2012/38 	7 December 2012

ATTACHMENT  A

ENTITY FOREIGN EXCHANGE  REPORT FOR 2012-13

Entity Name: Department of the 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 losses or gains as a result of movements in exchange rates.  Exposures represent expected transactions and therefore, are not realised gains or losses.

[J  If no, go to question 3.
fi'If yes, please complete Templates 1.1 and 1.2- Foreign Exchange Exposures.

3.   Foreign Exchange Gain or Loss for the Previous Year

In 2011-12, 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 revenue from government for CAC bodies?

ISJ'If no, go to question 4.

[J   lfyes, 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 2012-13 and/or the forward years?
ri' If no, go to question 5.

[J  If yes, please complete Template 3 -Foreign Exchange Adjustments.

King Edward Terrace, Parkes, ACT • Telephone 02 6215 2222 • Internet www.fmance.gov.au 	1

EM2012/38 	7 December 2012

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

If no, please sign off.

D   Ifyes

•	please complete Templates 1.1 and 1.2 -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 available in Estimates Memorandum 2006/37.

Sign-off by the CFO
I	Chief Financial  Officer of Department of the 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 ofCFO:

--

Date:---I{/(L. /t z     -------

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

King Edward Terrace, Parkes, ACT • Telephone 02 6215 2222 • Internet www.rmance.gov.au 	2

Foreign Exchange Exposures -Administered	Template 1.2

	
10,977.831		
	
4,689.523	
6,430.388	
6,484.557	
6,539.416	
6,548.669		

xposures	
10,136.891	
16,994.440	
17,199.724	
17,411.367	
17,526.500		

Administered E

"* {

1. Exposures are 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. For estimated forex exposures,please use the most recent BERs as provided by your AAU in Finance.
4. All amounts are in AUD millions.

j