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4. Assets and liabilities administered on behalf of government

This section analyses assets used to conduct operations and the operating liabilities incurred as a result which ACIAR does not control but administers on behalf of the Government. Unless otherwise noted, the accounting policies adopted are consistent with those applied for Departmental reporting.

4.1: Administered - financial assets

4.1A Cash and cash equivalents

Cash and cash equivalents

2020

2019

$'000

$'000

Cash in special accounts

7,509

8,851

Cash on hand or on deposit

10

10

Total cash and cash equivalents

7,519

8,861

4.1B Taxation receivables

Taxation receivables

2020

2019

$'000

$'000

GST receivable from Australian Taxation Office

499

825

Total taxation receivables (net)

499

825

4.1C Trade and other receivables

Trade and other receivables

2020

2019

$'000

$'000

Goods and services receivables

10

1,626

Total trade and other receivables (net)

10

1,626

No indicators of impairment were found for trade and other receivables.

Trade and other receivables credit terms were within 30 days (2019: 30 days).

4.2: Administered - non-financial assets

4.2 Other non-financial assets

Other non-financial assets

2020

2019

$’000

$’000

Prepayments

26

54

Total other non-financial assets

26

54

4.3: Administered - payables

4.3A Suppliers

Suppliers

2020

2019

$’000

$’000

Trade creditors and accruals

1,830

2,645

Total suppliers

1,830

2,645

Settlement was usually made within 30 days.

4.3B Other payables

Other payables

2020

2019

$'000

$'000

GST payable to OPA

498

856

Unearned income1

7,353

-

Salaries and wages

58

42

Superannuation

5

2

Total other payables

7,914

900

1Refer to the Overview section for accounting policy on AASB 15 Revenue from Contracts with Customers.