Statement of financial position

Statement of financial position
as at 30 June 2021
ASSETS
	Notes	2021 $’000	2020 $’000	Original Budget $’000
Financial assets
Cash and cash equivalents	2.1A	147	153	153
Trade and other receivables	2.1B	14,848	12,478	12,478
Total financial assets		14,995	12,631	12,631
Non-financial assets
Property, plant and equipment	2.2	1,897	2,049	2,213
Right of use	2.2	32	54	33
Intangibles	2.2	178	848	197
Inventories		121	130	130
Prepayments		238	239	239
Total non-financial assets		2,466	3,320	2,812
Total assets		17,461	15,951	15,443
LIABILITIES
Payables
Suppliers	2.3A	314	94	94
Other payables	2.3A	549	467	467
Total payables		863	561	561
Interest bearing liabilities
Leases	2.3B	33	54	33
Total interest bearing liabilities		33	54	33
Provisions
Employee provisions	3A	7,778	7,737	7,737
Total provisions		7,778	7,737	7,737
Total liabilities		8,674	8,352	8,331
Net assets		8,787	7,599	7,112
EQUITY
Contributed equity		2,603	2,915	2,604
Reserves		11,495	11,347	11,347
Accumulated deficit		(5,311)	(6,663)	(6,839)
Total equity		8,787	7,599	7,112

The above statement should be read in conjunction with the accompanying notes.
Original budget figures are those published in the department’s 2020–21 Portfolio Budget Statements.