Statement of financial position

Annual report 2017/18.

as at 30 June 2018

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.