Statement of financial position

Annual Report 2015/16.

This statement reports total assets and liabilities. The difference between the total assets and total liabilities is called equity.

	Notes	Actual 2015/16 $000	Actual 2014/15 $000	Main Estimates 2015/16 $000*	Supplementary Estimates 2015/16 $000*	Main Estimates 2016/17 $000*
Current assets
Cash and cash equivalents	7	5,632	3,962	5,750	5,420	4,818
Receivables	8	6,979	8,793	5,750	5,750	5,750
Prepayments		579	446	449	446	446
Work in progress	9	1,848	1,562	2,000	2,000	2,000
Total current assets		15,038	14,763	13,949	13,616	13,014
Non-current assets
Property, plant and equipment	10	3,852	3,886	3,517	3,910	3,661
Intangible assets	11	526	620	1,031	779	672
Total non-current assets		4,378	4,506	4,548	4,689	4,333
Total assets		19,416	19,269	18,497	18,305	17,347
Current liabilities
Payables and deferred revenue	12	5,477	5,910	5,288	5,372	5,354
Repayment of surplus due to Crown	13	77	264	-	-	18
Employee entitlements	14	3,910	3,967	4,161	3,948	4,027
Total current liabilities		9,464	10,141	9,449	9,320	9,399
Non-current liabilities
Employee entitlements	14	453	536	571	547	558
Income in advance		34	26	-	-	-
Total non-current liabilities		487	562	571	547	558
Total liabilities		9,951	10,703	10,020	9,867	9,957
Net assets		9,465	8,566	8,477	8,438	7,390
Equity
Taxpayers' funds	15	6,221	6,221	6,221	6,221	6,221
Memorandum account	21	3,244	2,345	2,256	2,217	1,169
Total equity		9,465	8,566	8,477	8,438	7,390

* All Estimates information is unaudited.

Explanations of significant variances against the Main Estimates are detailed in Note 22.

The accompanying notes form part of these financial statements.