Statement of financial position
as at 30 June 2019
Notes |
2019 |
2018 |
Original budget |
||
---|---|---|---|---|---|
$’000 |
$’000 |
$’000 |
|||
Assets |
|||||
Financial assets |
|||||
Cash and cash equivalents |
127 |
60 |
112 |
||
Trade and other receivables |
5,221 |
4,935 |
5,890 |
||
Total financial assets |
5,348 |
4,995 |
6,002 |
||
Non-financial assets |
|||||
Leasehold improvements |
295 |
282 |
353 |
||
Plant and equipment |
159 |
229 |
197 |
||
Prepayments |
29 |
30 |
36 |
||
Total non-financial assets |
483 |
541 |
586 |
||
Total assets |
5,831 |
5,536 |
6,588 |
||
Liabilities |
|||||
Payables |
|||||
Suppliers |
124 |
63 |
108 |
||
Other payables |
215 |
213 |
230 |
||
Total payables |
339 |
276 |
338 |
||
Provisions |
|||||
Employee provisions |
1,686 |
1,533 |
1,573 |
||
Other provisions |
85 |
85 |
– |
||
Total provisions |
1,771 |
1,618 |
1,573 |
||
Total liabilities |
2,110 |
1,894 |
1,911 |
||
Net assets |
3,721 |
3,642 |
4,677 |
||
Equity |
|||||
Contributed equity |
61 |
– |
313 |
||
Reserves |
264 |
264 |
552 |
||
Retained surplus |
3,396 |
3,378 |
3,812 |
||
Total equity |
3,721 |
3,642 |
4,677 |
The above statement should be read in conjunction with the accompanying notes.
Visit
https://www.transparency.gov.au/annual-reports/commonwealth-grants-commission/reporting-year/2018-2019-18