3: Financial Assets
|
2019 |
2018 |
||
|---|---|---|---|
|
$'000 |
$'000 |
||
|
Note 3A: Cash |
|||
|
Special Account - ACNC |
4,246 |
3,044 |
|
|
Cash on hand or on deposit |
41,122 |
25,900 |
|
|
Total cash |
45,368 |
28,944 |
Accounting Policy
Cash is recognised at its nominal amount. Cash includes cash on hand or on deposit, and cash held in bank and the Official Public Account for special accounts.
|
2019 |
2018 |
||
|---|---|---|---|
|
$'000 |
$'000 |
||
|
Note 3B: Trade and Other Receivables |
|||
|
Services receivables in connection with |
|||
|
Service receivables1 |
22,671 |
14,341 |
|
|
Total services receivables |
22,671 |
14,341 |
|
|
Appropriations receivables |
|||
|
Existing programs |
|||
|
Cash held in the Official Public Account: ATO |
292,834 |
392,835 |
|
|
Total appropriations receivables |
292,834 |
392,835 |
|
|
Other receivables |
|||
|
GST receivable from the ATO (as Tax Administrator) |
27,947 |
31,926 |
|
|
Other receivables1 |
30,510 |
44,574 |
|
|
Total other receivables |
58,457 |
76,500 |
|
|
Total trade and other receivables (gross) |
373,962 |
483,676 |
|
|
Less impairment loss allowance2 |
|||
|
Services |
(251) |
(201) |
|
|
Other receivables |
(19,091) |
(19,663) |
|
|
Total impairment loss allowance |
(19,342) |
(19,864) |
|
|
Total trade and other receivables (net) |
354,620 |
463,812 |
1 Comparatives have been reclassified from Service receivables to Other receivables by $38.9 million for legal cost receivables.
2 Comparatives have been reclassified by $19.6 million in relation to legal costs impairment from Services to Other receivables.
Visit
https://www.transparency.gov.au/annual-reports/australian-taxation-office/reporting-year/2018-2019-37