Statement of financial position
as at 30 June 2022
|
Notes |
2022
$’000 |
2021
$’000 |
Original
Budget
$’000 |
| ASSETS |
| Financial assets |
| Cash and cash equivalents |
2.1A |
204 |
147 |
153 |
| Trade and other receivables |
2.1B |
15,773 |
14,848 |
12,478 |
| Total financial assets |
|
15,977 |
14,995 |
12,631 |
| Non-financial assets |
| Property, plant and equipment |
2.2 |
1,772 |
1,897 |
2,290 |
| Right of use |
2.2 |
11 |
32 |
6 |
| Intangibles |
2.2 |
143 |
178 |
147 |
| Inventories |
|
118 |
121 |
130 |
| Prepayments |
|
226 |
238 |
239 |
| Total non-financial assets |
|
2,270 |
2,466 |
2,812 |
| Total assets |
|
18,247 |
17,461 |
15,443 |
| LIABILITIES |
| Payables |
| Suppliers |
2.3A |
139 |
314 |
94 |
| Other payables |
2.3A |
606 |
549 |
467 |
| Total payables |
|
745 |
863 |
561 |
| Interest bearing liabilities |
| Leases |
2.3B |
11 |
33 |
12 |
| Total interest bearing liabilities |
|
11 |
33 |
12 |
| Provisions |
| Employee provisions |
3A |
7,118 |
7,778 |
7,737 |
| Total provisions |
|
7,118 |
7,778 |
7,737 |
| Total liabilities |
|
7,874 |
8,674 |
8,310 |
| Net assets |
|
10,373 |
8,787 |
7,133 |
| EQUITY |
| Contributed equity |
|
2,702 |
2,603 |
2,804 |
| Reserves |
|
11,495 |
11,495 |
11,347 |
| Accumulated deficit |
|
(3,824) |
(5,311) |
(7,018) |
| Total equity |
|
10,373 |
8,787 |
7,133 |
The above statement should be read in conjunction with the accompanying notes.
Original budget figures are those published in the department’s 2021–22 Portfolio Budget Statements.