Go to top of page

Statement of Financial Position

Statement of Financial Position

as at 30 June 2019

2019

2018

Original Budget

1

Notes

$’000

$’000

$’000

ASSETS

Financial assets

Cash and cash equivalents

2,758

2,406

2,500

Trade and other receivables

3.1A

73,175

58,569

47,088

Accrued revenue

1,610

2,668

1,381

Total financial assets

77,543

63,643

50,969

Non-financial assets

Land

3.2A

1,255

1,255

1,255

Buildings

3.2A

359

345

325

Leasehold improvements

3.2A

21,896

16,431

22,421

Heritage and cultural

3.2A

2,969

2,254

2,254

Plant and equipment

3.2A

30,685

30,825

38,646

Computer software

3.2A

1,802

255

987

Prepayments

8,406

3,833

5,465

Total non-financial assets

67,372

55,198

71,353

Total assets

144,915

118,841

122,322

LIABILITIES

Payables

Suppliers

3.3A

38,010

37,369

37,825

Other payables

3.3B

44,345

38,999

39,085

Total payables

82,355

76,368

76,910

Provisions

Employee provisions

5.1A

27,669

25,011

24,088

Other provisions

2,667

2,114

1,997

Total provisions

30,336

27,125

26,085

Total liabilities

112,691

103,493

102,995

Net assets

32,224

15,348

19,327

EQUITY

Contributed equity

65,473

50,393

65,473

Reserves

12,529

12,292

13,775

Accumulated deficit

(45,778)

(47,337)

(59,921)

Total equity

32,224

15,348

19,327

The above statement should be read in conjunction with the accompanying notes.

Variance commentary is consolidated in the departmental budget variance commentary note.

1. Original budget as presented in the 2018-19 Portfolio Budget Statements (PBS).