Statement of Significant Underlying Assumptions Followed in Compiling the Forecast Financial Statements
These statements have been compiled on the basis of Government policies at the time the statements were finalised.
These forecast financial statements comply with generally accepted accounting practice. The measurement base applied is historical cost adjusted for revaluations of assets. Revaluations are made to reflect the forecast service potential or economic benefit to be obtained through the control of assets.
Accrual accounting has been used to prepare these financial statements.
These statements have been prepared on a going-concern basis.
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