Annual Report 2004-2005
 

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1. Overviews2. Performance3. Corporate4. Appendixes5. Financials6. Glossaries and Compliance Index

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Administered items for Outcome 1

Contributions to international organisations

Quality indicator

Quantity indicator

The department made payments totalling $170 775 000. The payments consisted of $74 896 000 to 25 international organisations, including the United Nations, and $95 879 000 to 15 UN peacekeeping operations.

Quantity information

In 2004–05, the department paid Australia's contributions to 25 international organisations and 15 individual UN peacekeeping operations. A complete listing of these international organisations is at Appendix 11.

Export Finance and Insurance Corporation (EFIC) National Interest Account

Quality indicator

Quantity indicator

The department managed, in accordance with the national interest provisions of the Export Finance and Insurance Corporation Act 1991, whole of government coordination of National Interest Account transactions. This process involves assessing the risks and benefits of proposed transactions in consultation with other departments and EFIC. The value of exports supported on the National Interest Account in 2004–05 increased compared with the previous year. Exports supported on the National Interest Account remain, however, well below that of years prior to 2003–04. This reflects, among other factors, the divestment of the short-term business in 2003, the increased willingness of the private sector to cover transactions that have traditionally received National Interest Account or EFIC Commercial account support and efforts by EFIC and the Government to avoid taxpayer exposures where possible. Further information may be obtained from EFIC's own annual report. The department managed efficiently national interest payments and receipts involving EFIC and the Commonwealth.

Quantity information

Value of exports supported on EFIC's National Interest Account $30 300 000
Value of claims paid on National Interest Account business $10 700 000

Compensation for detriment caused by defective administration

Quality indicator

Quantity indicator

Nine cases were lodged under the compensation scheme for detriment caused by defective administration. Four cases were resolved satisfactorily, three of which were ongoing from previous financial years, resulting in five payments made from administered funds. Three cases were rejected and six cases remained in progress at the end of the financial year, one of which was lodged in the previous financial year. Five cases lodged in previous financial years have not been pursued by the claimants. See also Section 3: Corporate Management and Accountability on page 239.

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Department of Foreign Affairs and Trade Annual Report 2004–2005
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