Click the link below to download a PDF copy of Appendix D. Results of material entity audits.

Click the link below to download a PDF copy of Appendix C. Audit opinion on the AFR.

Click the link below to download a PDF copy of Appendix B. About this report, the AFR and our financial audits.

Click the link below to download a PDF copy of Appendix A. Submissions and comments.

Conclusion

In 2021–22 the state made an operating loss from transactions of $15.3 billion (compared to $18.3 billion in 2020–21) and had an operating cash deficit of $4.8 billion (compared to $9.3 billion in 2020–21).

The GGS made an operating loss from transactions of $13.8 billion (compared to $14.6 billion in 2020–21) and had an operating cash deficit of $8.9 billion (compared to $13.0 billion in 2020–21).

Conclusion

Our unmodified opinion provides reasonable assurance that the financial performance and position of the State of Victoria, and within that the general government sector (GGS), as reported in the 2021–22 Annual Financial Report of the State of Victoria (AFR), are reliable.

Click the link below to download a PDF copy of Appendix D. DFFH's attestations on its progress in addressing our 2018 audit recommendations.

Click the link below to download a PDF copy of Appendix C. Scope of this review.

Click the link below to download a PDF copy of Appendix B. Acronyms, abbreviations and glossary.