Statement of Financial Position
as at 30 June 2011
The Statement of Financial Position reports the total assets and liabilities of the Treasury, as at 30 June 2011. Taxpayers' funds are represented by the difference between the assets and liabilities.
| 2010 Actual $000 |
Notes | 2011 Actual $000 |
2011 Main Estimates $000 |
2011 Supp. Estimates $000 |
|
|---|---|---|---|---|---|
Taxpayers' Funds |
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| 6,342 | General funds | 5,742 | 5,742 | 5,742 | |
| 6,342 | Total Taxpayers' Funds | 5,742 | 5,742 | 5,742 | |
Represented by: |
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Assets |
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Current Assets |
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| 3,493 | Cash and bank balances | 4,755 | 3,557 | 1,988 | |
| 438 | Prepayments | 344 | 468 | 418 | |
| 512 | Accounts receivable | 875 | 394 | 549 | |
| 8,799 | Debtor - Crown | 6,751 | 6,696 | 8,940 | |
| 13,242 | 12,725 | 11,115 | 11,895 | ||
Non-current Assets |
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| 3,653 | Property, plant and equipment | 7 | 3,328 | 3,660 | 3,678 |
| 398 | Intangible assets | 8 | 203 | 479 | 157 |
| 4,051 | 3,531 | 4,139 | 3,835 | ||
| 17,293 | Total Assets | 16,256 | 15,254 | 15,730 | |
Less: |
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Liabilities |
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Current Liabilities |
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| 5,254 | Creditors and other payables | 9 | 4,802 | 4,300 | 4,463 |
| 4,810 | Provision for employee entitlements | 10 | 4,903 | 4,822 | 4,655 |
| 10,064 | 9,705 | 9,122 | 9,118 | ||
Non-current Liabilities |
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| 887 | Provision for employee entitlements | 10 | 809 | 390 | 870 |
| 887 | 809 | 390 | 870 | ||
| 10,951 | Total Liabilities | 10,514 | 9,512 | 9,988 | |
| 6,342 | Net Assets | 5,742 | 5,742 | 5,742 |
The accompanying accounting policies and notes form part of these financial statements.
