Statement of Financial Position as at 30 June 2018
|
2018 |
2017 |
Original Budget 2018 |
||||
|
Notes |
$'000 |
$'000 |
$'000 |
|||
|
ASSETS |
||||||
|
Financial assets |
||||||
|
Cash and cash equivalents |
2,234 |
3,763 |
3,600 |
|||
|
Trade and other receivables |
100,339 |
103,048 |
60,823 |
|||
|
Total financial assets |
102,573 |
106,811 |
64,423 |
|||
|
Non-financial assets |
||||||
|
Leasehold improvements |
33,544 |
11,780 |
- |
|||
|
Plant and equipment |
28,549 |
27,358 |
49,555 |
|||
|
Intangibles |
101,507 |
91,323 |
108,081 |
|||
|
Prepayments |
6,653 |
11,465 |
10,250 |
|||
|
Total non-financial assets |
170,253 |
141,926 |
167,886 |
|||
|
Total assets |
272,826 |
248,737 |
232,309 |
|||
|
LIABILITIES |
||||||
|
Payables |
||||||
|
Suppliers |
29,869 |
21,686 |
19,564 |
|||
|
Other payables |
51,096 |
55,647 |
47,692 |
|||
|
Total payables |
80,965 |
77,333 |
67,256 |
|||
|
Provisions |
||||||
|
Employee leave |
90,770 |
90,443 |
97,100 |
|||
|
Other |
509 |
593 |
6,120 |
|||
|
Total provisions |
91,279 |
91,036 |
103,220 |
|||
|
Total liabilities |
172,244 |
168,369 |
170,476 |
|||
|
Net assets |
100,582 |
80,368 |
61,833 |
|||
|
EQUITY |
||||||
|
Contributed equity |
321,441 |
271,847 |
315,160 |
|||
|
Reserves |
30,565 |
23,980 |
23,980 |
|||
|
Accumulated deficit |
(251,424) |
(215,459) |
(277,307) |
|||
|
Total equity |
100,582 |
80,368 |
61,833 |
Accounting Policy
Cash and cash equivalents
Cash is recognised at its nominal amount. Cash and cash equivalents include:
a) cash on hand; and
b) deposits on demand in bank accounts with an original maturity of three months or less that are readily convertible to known amounts of cash and subject to insignificant risk of changes in value.
Employee leave
Refer to Accounting Policy Note 1.1A Employee Benefits for detail.
The above statement should be read in conjunction with the accompanying notes.
Refer to Overview for explanations of major variances between budgeted and actual amounts.
Visit
https://www.transparency.gov.au/annual-reports/australian-bureau-statistics/2018/financial-statements/statement-financial-position