Statement of financial position

Annual report 2017/18.

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

	Notes	Actual 2017/18 $000	Actual 2016/17 $000	Main Estimates 2017/18 $000*	Supplementary Estimates 2017/18 $000*	Main Estimates 2018/19 $000*
Current assets
Cash and cash equivalents	7	5,254	2,695	6,626	2,941	3,295
Receivables	8	8,344	7,087	6,750	8,796	6,978
Prepayments		809	781	579	779	579
Work in progress	9	1,105	1,737	1,201	1,562	1,562
*Total current assets*		*15,512*	*12,300*	*15,156*	*14,078*	*12,414*
Non-current assets
Plant and equipment	10	3,547	3,682	3,415	3,494	3,623
Intangible assets	11	922	938	1,028	1,153	1,081
*Total non-current assets*		4,469	4,620	4,443	4,647	4,704
Total assets		19,981	16,920	19,599	18,725	17,118
Current liabilities
Payables and deferred revenue	12	5,695	4,785	6,198	6,034	5,584
Repayment of surplus due to the Crown	13	600	268	18	-	-
Employee entitlements	14	5,091	4,195	3,914	4,238	4,045
Total current liabilities		11,386	9,248	10,130	10,272	9,629
Non-current liabilities
Payables and deferred revenue	12	10	22	-	-	-
Employee entitlements	14	570	517	462	536	453
Total non-current liabilities		580	539	462	536	453
Total liabilities		11,966	9,787	10,592	10,808	10,082
Net assets		8,015	7,133	9,007	7,917	7,036
Equity
Taxpayers' funds		6,221	6,221	6,221	6,221	6,221
Memorandum account	15	1,794	912	2,786	1,696	815
Total equity		8,015	7,133	9,007	7,917	7,036

* All Estimates information is unaudited.

Explanations of significant variances against the Main Estimates are detailed in Note 20.