Statement of Forecast Financial Position as at 30 June 2008

This Document is Archived

Statement of Intent 2007-2010

[ Last Updated 17 May 2007 ]

Actual Financial Position as at 30 June 2006 $000 (thousands of dollars)		Budget Financial Position as at 30 June 2007 $000 (thousands of dollars)	Estimated Financial Position as at 30 June 2007 $000 (thousands of dollars)	Forecast Financial Position as at 30 June 2008 $000 (thousands of dollars)
	Assets
	Current Assets
4,842	Cash and bank balances	9,497	9,753	6,431
235	Prepayments	266	266	221
10	Inventories	10	-	-
4,093	Receivables and advances	2,878	2,988	2,851
12,578	Debtor - Crown	6,500	6,500	6,500
21,758	Total Current Assets	19,151	19,507	16,003
	Non-current Assets
18,862	Property, plant and equipment	19,872	19,872	19,371
7,522	Intangible assets	9,919	9,919	10,230
26,384	Total Non-current Assets	29,791	29,791	29,601
48,142	Total Assets	48,942	49,298	45,604
	Liabilities
	Current Liabilities
13,347	Creditors and payables	12,127	12,383	12,783
3,391	Provision for payment of net surplus	5,076	5,176	2,485
3,763	Provision for employee entitlements⁹	3,785	3,785	3,590
4,681	Unearned income	3,520	3,520	2,410
25,182	Total Current Liabilities	24,508	24,864	21,268
	Term Liabilities
2,794	Provision for employee entitlements¹⁰	3,200	3,200	3,200
288	Provision for onerous contracts	295	295	197
3,082	Total Term Liabilities	3,495	3,495	3,397
28,264	Total Liabilities	28,003	28,359	24,665
	Taxpayers' Funds
19,878	General funds	20,939	20,939	20,939
19,878	Total Taxpayers' Funds	20,939	20,939	20,939
48,142	Total Liabilities and Taxpayers' Funds	48,942	49,298	45,604

⁹ Provision for annual, long service and retiring leave.

¹⁰ Provision for actuarial long service and retiring leave.

Printed: 25/11/2009