Statement of financial position
Statement of financial position | ||||
as at 30 June 2020 | ||||
2020 | 2019 | |||
Notes | $'000 | $'000 | ||
Assets | ||||
Financial assets | ||||
Cash and cash equivalents | 2.1A | 72,828 | 71,678 | |
Trade and other receivables | 2.1B | 2,071 | 4,579 | |
Total financial assets | 74,899 | 76,257 | ||
Non-financial assets 1 | ||||
Property, plant and equipment | 2.2 | 69,685 | 20,112 | |
Intangibles | 2.2 | 37,604 | 22,285 | |
Prepayments | 3,756 | 3,779 | ||
Total non-financial assets | 111,045 | 46,176 | ||
Total assets | 185,944 | 122,433 | ||
Liabilities | ||||
Payables | ||||
Suppliers | 2.3A | 6,555 | 6,964 | |
Other payables | 2.3B | 2,937 | 26,353 | |
Total payables | 9,492 | 33,317 | ||
Interest bearing liabilities 2 | ||||
Leases | 2.4 | 52,232 | - | |
Total interest bearing liabilities | 52,232 | - | ||
Provisions | ||||
Employee provisions | 4.1 | 49,697 | 44,162 | |
Other provisions | 2.5 | 12,752 | 3,271 | |
Total provisions | 62,449 | 47,433 | ||
Total liabilities | 124,173 | 80,750 | ||
Net assets | 61,771 | 41,683 | ||
Equity | ||||
Contributed equity | 16,657 | 16,657 | ||
Contingency Enforcement Fund | 12,000 | 8,000 | ||
Asset revaluation reserve | 7,591 | 7,549 | ||
Retained surpluses | 25,523 | 9,477 | ||
Total equity | 61,771 | 41,683 | ||
The above statement should be read in conjunction with the accompanying notes. | ||||
1. Right-of-Use assets are included in Property, plant and equipment | ||||
2. APRA has applied AASB 16 using the modified retrospective approach and as such comparative information has not been restated. | ||||
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https://www.transparency.gov.au/annual-reports/australian-prudential-regulation-authority/reporting-year/2019-20-27