Go to top of page

Financial Assets

2018

2017

$'000

$'000

Note 3A: Cash

Special Account - ACNC

3,044

4,080

Cash on hand or on deposit

25,900

19,035

Total cash

28,944

23,115

Accounting Policy

Cash is recognised at its nominal amount. Cash includes cash on hand or on deposit, and cash held in bank and the OPA for special accounts.

2018

2017

$'000

$'000

Note 3B: Trade and Other Receivables

Services receivables1

53,197

57,970

Total Services receivables

53,197

57,970

Appropriations receivables

Existing programs

Cash held in the Official Public Account: ATO

392,835

351,176

Total appropriations receivables

392,835

351,176

Other receivables

GST receivable from the ATO (as Tax Administrator)

31,926

29,336

Other

5,718

22,705

Total other receivables

37,644

52,041

Total trade and other receivables (gross)

483,676

461,187

Less impairment allowance

Services1

(19,782)

(18,850)

Other receivables

(82)

(45)

Total impairment allowance

(19,864)

(18,895)

Total trade and other receivables (net)

463,812

442,292

1 Prior year adjustments have been made to these numbers. Refer to Overview.

Reconciliation of the Impairment Allowance

Movements in relation to 2018

Goods and services

Other receivables

Total

2018

2018

2018

$'000

$'000

$'000

Opening balance

(18,850)

(45)

(18,895)

Amounts written off

10,404

2

10,406

Amounts recovered and reversed

54

4

58

(Increase)/decrease recognised in net surplus

(11,390)

(43)

(11,433)

Closing balance

(19,782)

(82)

(19,864)

Movements in relation to 20171

Goods and services

Other receivables

Total

2017

2017

2017

$'000

$'000

$'000

Opening balance

(14,845)

(130)

(14,975)

Amounts written off

6,414

96

6,510

Amounts recovered and reversed

20

18

38

(Increase)/decrease recognised in net surplus

(10,439)

(29)

(10,468)

Closing balance

(18,850)

(45)

(18,895)

1 Prior year adjustments have been made to these numbers. Refer to Overview.