Go to top of page

Statement of financial position

as at 30 June 2020

Notes

Actual

2020

$'000

Actual

2019

$'000

Original

Budget¹

2020

$'000

ASSETS

Financial Assets:

Cash and Cash Equivalents

125

-

-

Trade and other Receivables

3

13,712

-

1,186

Total Financial Assets

13,837

-

1,186

Non-Financial Assets:

Property, Plant and Equipment

4

2,196

-

683

Computer Software

5

60

-

-

Supplier Prepayments

62

-

-

Total Non-Financial Assets

2,318

-

683

Total Assets

16,155

-

1,869

LIABILITIES

Payables:

Salary and Superannuation

113

-

-

Supplier Payables – at amortised cost

999

-

-

Total Payables

1,112

-

-

Interest Bearing Liabilities

Lease Liabilities

6

1,354

-

-

Total Interest Bearing Liabilities

1,354

-

-

Provisions:

Employee Provisions

7

495

19

1,186

Other Provisions

8

87

-

-

Total Provisions

582

19

1,186

Total Liabilities

3,048

19

1,186

Net Assets

13,107

(19)

683

EQUITY

Retained Surplus

10,206

(19)

(18)

Contributed Equity

2,901

-

701

Total Equity

13,107

(19)

683

Current Assets

13,899

-

Non-Current Assets

2,256

-

Current Liabilities

2,033

11

Non-Current Liabilities

1,015

8

1. The Agency’s original Budgeted financial statement that was first presented to Parliament in respect of the reporting period was the 2019-20 Portfolio Budget Statements. The Budgeted financial statements have not been audited.

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