Queensland Art Gallery Annual Report 2002-03

(p) Reporting Entity The financial statements include the value of all revenues, expenses, assets, liabilities and equities of the Queensland Art Gallery and its material controlled entity, the Queensland Art Gallery Foundation. In the process of reporting on the Queensland Art Gallery as a single economic entity, all transactions and balances between the Queensland Art Gallery and the Queensland Art Gallery Foundation have been eliminated. (q) Corporate Administration Agency The Corporate Administration Agency [CAA) was established on 1July 1997, as a unit of Arts Queensland. The CAA provides corporate support to the Gallery in the areas of Finance and Human Resources. The CAA processed all financial transactions in respect of the Gallery's General Fund during 2002- 03. (r) Services Provided by the Corporate Administration Agency The Arts Legislation AmendmentAct 1997 transferred the assets and liabilities of the Queensland Cultural Centre Trust that was abolished in December 1997 to the State and the Corporate Administration Agency [CAA) became the manager of the Cultural Centre precinct. The CAA provides a number of services to the Gallery at the Queensland Cultural Centre. These services include building maintenance and repairs, electricity, security, cleaning, air-conditioning and telephone rental. The cost of these services to the Queensland Art Gallery for the 2002-03 year was $1744007. [Note 4) (s) Services Provided to the Queensland Art Gallery Foundation The Gallery has provided corporate support including human resources, office accommodation, computer equipment and other office requisites on an in-kind basis to facilitate the operation of the Queensland Art Gallery Foundation. Salaries, including on-costs for the staff supporting the Queensland Art Gallery Foundation, plus other corporate support costs have been met by the Gallery and recognised in the accounts as in-kind services. 60