Statement of Forecast Financial Position as at 30 June 2007

This Document is Archived

Statement of Intent 2006-2009

[ Last Updated 18 May 2006 ]

Actual Financial Position as at 30 June 2005 $000(thousands of dollars)		Budget Financial Position as at 30 June 2006 $000(thousands of dollars)	Estimated Financial Position as at 30 June 2006 $000(thousands of dollars)	Forecast Financial Position as at 30 June 2007 $000(thousands of dollars)
	Assets
	Current Assets
8,802	Cash and bank balances	10,371	9,134	5,051
157	Prepayments	180	180	115
9	Inventories	74	74	74
5,714	Receivables and advances	5,702	5,702	4,633
6,487	Debtor - Crown	1,500	1,500	2,800
21,169	Total Current Assets	17,827	16,590	12,673
	Non-current Assets
20,662	Physical assets	28,551	28,551	30,030
20,662	Total Non-current Assets	28,551	28,551	30,030
41,831	Total Assets	46,378	45,141	42,703
	Liabilities
	Current Liabilities
14,279	Creditors and payables	13,512	13,475	12,524
2,544	Provision for payment of net surplus	2,819	2,819	2,498
2,880	Provision for employee entitlements⁸	2,380	2,380	2,307
4,493	Unearned income	3,556	3,556	1,995
24,196	Total Current Liabilities	22,267	22,230	19,324
	Term Liabilities
2,664	Provision for employee entitlements⁹	2,664	2,664	2,613
393	Provision for onerous contracts	295	295	197
3,057	Total Term Liabilities	2,959	2,959	2,810
27,253	Total Liabilities	25,226	25,189	22,134
	Taxpayers' Funds
14,578	General funds	21,152	19,952	20,569
14,578	Total Taxpayers' Funds	21,152	19,952	20,569
41,831	Total Liabilities and Taxpayers' Funds	46,378	45,141	42,703

⁸ Provision for annual, long service and retiring leave.

⁹ Provision for actuarial long service and retiring leave.

Printed: 26/11/2009