NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 June 2004

Section 11 of the Tasmanian Public Finance Corporation Act 1985, as amended, states that one of the functions of the Corporation is to accept money on deposit or loan from the Treasurer or a Participating Authority.  Outstanding deposits, which are unconditionally guaranteed by the Treasurer of the State of Tasmania at balance date, are as follows:

Deposits

		2003-04 A$’000		2002-03 A$’000
Period to Maturity
At Call		791,289		647,674
<3 months		483,034		529,553
3 to < 6 months		0		58
6 to < 12 months		501		2,788
Total		1,274,824		1,180,073

All deposits arise from dealings with Tasmania Public Sector entities including government business enterprises, state-owned companies, local government councils and port corporations.

		2003-04 A$’000		2002-03 A$’000
State Government		757,027		706,212
Public Trading Entities		476,876		432,287
Local Government		40,921		41,574
Total		1,274,824		1,180,073