Statement of Financial Position as at 30 June 2024 (continued) Budget Variances Commentary Statement of Financial Position for Not-for-Profit Reporting Entities As at 30 June 2024 Cash is higher than budget due to the improved operating result delivered for 2023-24. Property subject to operating leases, interest bearing liabilities and other provisions are higher than budget due to the execution in 2023-24 of a ten year lease for the Commission’s new office premises at level 19-20, 175 Pitt Street, Sydney. 62