Statement of Financial Position as at 30 June 2007

This Document is Archived

Annual Report of the Ministry of Economic Development for the Year Ended 30 June 2007

[ Last Updated 12 October 2007 ]

2006 Actual $000		Note	2007 Actual $000	2007 Main Estimates $000	2007 Supplementary Estimates $000
	Taxpayers' Funds
19,878	General funds	8	20,939	20,569	20,939
19,878	Total Taxpayers' Funds		20,939	20,569	20,939
	Represented by:
	Assets
	Current Assets
4,842	Cash		7,489	5,051	9,497
10	Inventories		-	74	10
4,093	Receivables and advances	9	5,386	4,633	2,878
235	Prepayments		97	115	266
12,578	Debtor Crown		10,144	2,800	6,500
21,758	Total Current Assets		23,116	12,673	19,151
	Non-current Assets
15,869	Property, plant and equipment	10	16,720	21,917	19,872
10,515	Intangible assets	11	13,658	8,113	9,919
26,384	Total Non-current Assets		30,378	30,030	29,791
48,142	Total Assets		53,494	42,703	48,942
	Liabilities
	Current Liabilities
13,347	Creditors and payables	12	17,876	12,524	12,127
4,681	Unearned income	14	3,873	1,995	3,520
3,763	Provision for employee entitlements	15	3,806	2,307	3,785
3,391	Provision for payment of net surplus	16	3,320	2,498	5,076
25,182	Total Current Liabilities		28,875	19,324	24,508
	Non-current Liabilities
2,794	Provision for employee entitlements	15	3,325	2,613	3,200
288	Provisions other	13	355	197	295
3,082	Total Non-current Liabilities		3,680	2,810	3,495
28,264	Total Liabilities		32,555	22,134	28,003
48,142	Net Assets		53,494	42,703	48,942

Printed: 26/11/2009