Statement of financial position

as at 30 June 2019
ASSETS
	Notes	2019 $’000	2018 $’000	Original Budget¹ $’000
Financial assets
Cash and cash equivalents		224	210	157
Trade and other receivables	3	12,124	11,118	7,631
Total financial assets		12,348	11,328	7,788
Non-financial assets
Property, plant and equipment	4	2,117	1,877	5,464
Intangibles	4	30	59	2,190
Inventories		133	86	67
Prepayments		236	237	237
Total non-financial assets		2,516	2,259	7,958
Total assets		14,864	13,587	15,746
LIABILITIES
Payables
Suppliers		232	227	78
Other payables		238	210	-
Total payables		470	437	78
Provisions
Employee provisions		6,916	6,326	5,336
Total provisions		6,916	6,326	5,336
Total liabilities		7,386	6,763	5,414
Net assets		7,478	6,824	10,332
EQUITY
Contributed equity		2,514	1,739	4,768
Reserve		11,347	11,347	11,376
Retained surplus / (accumulated deficit)		(6,383)	(6,262)	(5,812)
Total equity		7,478	6,824	10,332

The above statement should be read in conjunction with the accompanying notes.

The department’s original budgeted financial statement presented to the Parliament in the 2018–19 Portfolio Budget Statements. Refer to Note 8 for budget variance explanations.