Statement of Forecast Financial Position

This Document is Archived

Statement of Intent 2004-2007

[ Last Updated 17 January 2006 ]

as at 30 June 2005

Actual Financial Position as at 30 June 2003		Estimated Financial Position as at 30 June 2004	Forecast Financial Position as at 30 June 2005
$000		$000	$000
	Assets
	Current Assets
11,263	Cash and bank balances	8,194	12,196
168	Prepayments	445	445
94	Inventories	69	69
4,115	Receivables and advances	3,203	3,183
2,608	Debtor - Crown	1,500	1,500
18,248	Total Current Assets	13,411	17,393
	Non-current Assets
11,601	Physical assets	15,360	24,299
11,601	Total Non-current Assets	15,360	24,299
29,849	Total Assets	28,771	41,692
	Liabilities
	Current Liabilities
12,430	Creditors and payables	12,500	10,000
2,774	Provision for payment of net surplus	2,893	2,314
2,404	Provision for employee entitlements⁶	2,450	2,450
6,714	Unearned income	4,100	4,100
24,322	Total Current Liabilities	21,943	18,864
	Term Liabilities
2,070	Provision for employee entitlements⁷	2,250	2,250
2,070	Total Term Liabilities	2,250	2,250
26,392	Total Liabilities	24,193	21,114
	Taxpayers' Funds
3,457	General funds	4,578	20,578
3,457	Total Taxpayers' Funds	4,578	20,578
29,849	Total Liabilities and Taxpayers' Funds	28,771	41,692

⁶Provision for annual, long service and retiring leave, and actuarial long service and retiring leave

⁷Provision for annual, long service and retiring leave, and actuarial long service and retiring leave

Printed: 26/11/2009