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Australian Maritime Safety Authority Annual Report 2019-20

Statement of Financial Position

Statement of Financial Position as at 30 June 2020
				Original
				Budget
		2020	2019	2020
	Notes	$’000	$’000	$’000

ASSETS
Financial Assets
Cash and cash equivalents		18,774	19,773	15,701
Investments		71,000	90,000	70,000
Trade and other receivables	2.1A	9,857	11,046	8,160
Total financial assets		99,631	120,819	93,861

Non-Financial Assets
Land¹	2.2A	6,260	2,825	2,825
Buildings¹	2.2A	44,634	10,974	9,818
Plant and equipment¹	2.2A	204,088	119,122	123,776
Computer software	2.2A	21,332	23,023	40,133
Inventories	2.2B	4,157	4,123	4,726
Prepayments		4,219	4,553	5,850
Total non-financial assets		284,690	164,620	187,128
Total assets		384,321	285,439	280,989

LIABILITIES
Payables
Suppliers	2.3A	21,632	36,212	36,280
Other payables	2.3B	2,873	1,926	1,314
Total payables		24,505	38,138	37,594

Interest Bearing Liabilities
Leases	2.4A	128,156	1,216	1,208
Total interest bearing liabilities		128,156	1,216	1,208

Provisions
Employee provisions	4.1B	22,005	20,358	20,914
Other provisions	2.5A	25,143	48,818	17,774
Total provisions		47,148	69,176	38,688

Total liabilities		199,809	108,530	77,490
Net assets		184,512	176,909	203,499

EQUITY
Contributed equity		37,986	37,986	37,986
Reserves		92,723	94,497	97,675
Retained earnings		53,803	44,426	67,838
Total equity		184,512	176,909	203,499

The above statement should be read in conjunction with the accompanying notes.
Please refer to the budget variances note for explanations of major variances between budgeted and actual amounts.

https://www.transparency.gov.au/annual-reports/australian-maritime-safety-authority/reporting-year/2019-20-44