Statement of financial position

as at 30 June 2024

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

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

	Notes	Actual 2023/24 $000	Actual 2022/23 $000	Main Estimates 2023/24 $000*	Supplementary Estimates 2023/24 $000*	Main Estimates 2024/25 $000*
Assets
*Current assets*
Cash and cash equivalents	7	11,948	6,509	3,934	10,874	9,494
Receivables	8	21,365	15,521	10,100	13,500	13,500
Prepayments		2,011	1,928	900	1,244	1,244
Work in progress	9	2,488	2,977	2,308	2,669	2,669
*Total current assets*		37,812	26,935	17,242	28,287	26,907
Non-current assets
Plant and equipment	10	3,620	4,487	5,682	5,252	4,824
Intangible assets	11	3,061	1,650	3,154	2,939	5,333
*Total non-current assets*		*6,681*	*6,137*	*8,836*	*8,191*	*10,157*
Total assets		44,493	33,072	26,078	36,478	37,064
Liabilities
*Current liabilities*
Payables and deferred revenue	12	12,154	9,869	9,562	10,286	10,300
Repayment of surplus due to the Crown	13	1,370	2,393	-	-	-
Employee entitlements	14	8,219	7,946	8,035	9,231	9,409
*Total current liabilities*		*21,743*	*20,208*	*17,597*	*19,517*	*19,709*
*Non-current liabilities*
Payables and deferred revenue	12	221	245	-	-	-
Employee entitlements	14	338	476	687	662	674
*Total non-current liabilities*		*559*	*721*	*687*	*662*	*674*
Total liabilities		22,302	20,929	18,284	20,179	20,383
Net assets		22,191	12,143	7,794	16,299	16,681
Taxpayers' funds		10,863	10,125	10,863	10,863	11,218
Memorandum account	15	11,328	2,018	(3,069)	5,436	5,463
Total equity		22,191	12,143	7,794	16,299	16,681

* All Estimates information is unaudited. The figures under Main Estimates 2023/24 reflect the forecasts published in Budget 2023 and in the Office's 2022/23 annual report, and the figures under Supplementary Estimates 2023/24 reflect the updated forecasts published in Budget 2024.