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.