Statement of financial position

Annual Report for the year ended 30 June 2010.

as at 30 June 2010

This statement reports total assets and liabilities. The difference between the assets and liabilities is called taxpayers' funds.

Explanations of significant variances against the main Estimates are detailed in Note 19.

Actual		Notes	Actual	Supp. Estimates	Main Estimates
2009			2010	2010	2010
$000			$000	$000	$000
	Current assets
3,695	Cash and cash equivalents		4,209	2,765	2,216
197	Prepayments		178	210	210
2,195	Work in progress		2,125	2,293	2,293
4,829	Debtors and other receivables	8	5,488	4,778	4,778
10,916	Total current assets		12,000	10,046	9,497
	Non-current assets
1,211	Plant and equipment	9	1,227	1,286	1,468
1,140	Intangible assets	10	1,038	1,013	929
0	Long term receivables	8	16	0	0
2,351	Total non-current assets		2,281	2,299	2,397
13,267	Total assets		14,281	12,345	11,894
	Current liabilities
4,633	Creditors and other payables	11	4,391	4,286	4,557
486	Repayment of surplus	12	2,014	18	0
4,110	Employee entitlements	13	3,791	4,000	3,161
9,229	Total current liabilities		10,196	8,304	7,718
	Non-current liabilities
517	Employee entitlements	13	564	520	655
517	Total non-current liabilities		564	520	655
9,746	Total liabilities		10,760	8,824	8,373
3,521	Net assets		3,521	3,521	3,521
	Taxpayers’ funds
3,521	General funds		3,521	3,521	3,521
3,521	Total taxpayers’ funds		3,521	3,521	3,521

The accompanying notes form part of these financial statements.