Statement of financial position

as at 30 June 2015

Annual Report 2014/15.

This statement reports total assets and liabilities. The difference between the total assets and total liabilities is called equity. Explanations of significant variances against the Main Estimates are detailed in Note 21.

	Notes	Actual 2014/15	Actual 2013/14	Main Estimates 2014/15	Supplementary Estimates 2014/15	Main Estimates 2015/16
		$000	$000	$000*	$000*	$000*
Current assets
Cash and cash equivalents		3,962	3,348	4,363	5,977	5,750
Receivables	8	8,793	6,470	6,000	6,750	5,750
Prepayments		446	449	334	449	449
Work in progress		1,562	1,687	1,200	1,200	2,000
Total current assets		14,763	11,954	11,897	14,376	13,949
Non-current assets
Plant and equipment	9	3,886	4,057	3,888	3,896	3,517
Intangible assets	10	620	565	652	806	1,031
Total non-current assets		4,506	4,622	4,540	4,702	4,548
Total assets		19,269	16,576	16,437	19,078	18,497
Current liabilities
Creditors and other payables	11	5,910	4,688	5,360	5,838	5,288
Repayment of surplus due to Crown	12	264	455	-	-	-
Employee entitlements	13	3,967	4,095	4,273	4,079	4,161
Total current liabilities		10,141	9,238	9,633	9,917	9,449
Non-current liabilities
Employee entitlements	13	536	549	583	560	571
Income in advance		26	34	-	-	-
Total non-current liabilities		562	583	583	560	571
Total liabilities		10,703	9,821	10,216	10,477	10,020
Net assets		8,566	6,755	6,221	8,601	8,477
Equity
Taxpayers' funds	14	6,221	6,221	6,221	6,221	6,221
Memorandum account	20	2,345	534	-	2,380	2,256
Total equity		8,566	6,755	6,221	8,601	8,477

* All Estimates information is unaudited.

The accompanying notes form part of these financial statements.