Statement of financial position

as at 30 June 2013

Annual Report 2012/13

This statement reports total assets and liabilities. The difference between the total assets and total liabilities is called taxpayers' funds.

Explanations of major variances against the Main Estimates are detailed in Note 20.

Actual
2011/12
Notes Actual
2012/13
Supp. Estimates
2012/13
Main Estimates
2012/13
$000 $000 $000 $000
Current assets
5,479 Cash and cash equivalents 3,731 4,053 2,394
841 Prepayments 334 400 185
1,207 Work in progress 2,112 1,200 1,800
6,752 Debtors and other receivables 8 5,667 5,650 5,794
14,279 Total current assets 11,844 11,303 10,173
Non-current assets
1,593 Plant and equipment 9 4,209 4,765 4,692
659 Intangible assets 10 692 1,108 1,108
2,252 Total non-current assets 4,901 5,873 5,800
16,531 Total assets 16,745 17,176 15,973
Current liabilities
5,442 Creditors and other payables 11 4,789 5,331 5,161
1,449 Repayment of surplus 12 929 - -
209 Provisions 13 - 209 -
4,842 Employee entitlements 14 4,245 4,818 3,994
11,942 Total current liabilities 9,963 10,358 9,155
Non-current liabilities
568 Employee entitlements 14 561 597 597
568 Total non-current liabilities 561 597 597
12,510 Total liabilities 10,524 10,955 9,752
4,021 Net assets 6,221 6,221 6,221
Taxpayers' funds
4,021 General funds 6,221 6,221 6,221
4,021 Total taxpayers' funds 6,221 6,221 6,221

The accompanying notes form part of these financial statements.

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