Statement of Financial Position as at 30 June 2005

This Document is Archived

Annual Report of the Ministry of Economic Development for the Year Ended 30 June 2005

[ Last Updated 18 January 2006 ]

2004 Actual $000 (thousands of dollars)		Note	2005 Total Actual $000 (thousands of dollars)	2005 Main Estimates $000 (thousands of dollars)	2005 Supplementary Estimates $000 (thousands of dollars)
	Taxpayers' Funds
4,578	General funds	8	14,578	20,578	14,578
4,578	Total Taxpayers' Funds		14,578	20,578	14,578
	Represented by:
	Assets
	Current Assets
9,631	Cash		8,802	12,196	6,640
35	Inventories		9	69	74
4,805	Receivables and advances	9	5,714	3,183	3,531
197	Prepayments		157	445	243
3,452	Debtor Crown		6,487	1,500	1,500
18,120	Total Current Assets		21,169	17,393	11,988
	Non-current Assets
13,877	Fixed assets	10	20,662	24,299	24,100
31,997	Total Assets		41,831	41,692	36,088
	Liabilities
	Current Liabilities
12,298	Creditors and payables	11	14,279	10,000	12,150
3,300	Unearned income	13	4,493	4,100	2,321
2,533	Provision for employee entitlements	14	2,880	2,450	2,033
7,121	Provision for payment of net surplus	15	2,544	2,314	2,839
25,252	Total Current Liabilities		24,196	18,864	19,343
	Non-current Liabilities
2,167	Provision for employee entitlements	14	2,664	2,250	2,167
-	Provision for onerous contracts	16	393	-	-
2,167	Total Non-current Liabilities		3,057	2,250	2,167
27,419	Total Liabilities		27,253	21,114	21,510
4,578	Net Assets		14,578	20,578	14,578

Printed: 25/11/2009