Statement of financial position

Annual report 2018/19.

as at 30 June 2019

This statement reports total assets and liabilities. The difference between the total assets and total liabilities is called equity.

Notes Actual
2018/19
$000		 Actual
2017/1
$000		 Main Estimates
2018/19
$000*		 Supplementary Estimates
2018/19
$000*		 Main Estimates
2019/20
$000*
Current assets
Cash and cash equivalents 7 5,209 5,254 3,295 3,056 2,730
Receivables 8 7,597 8,344 6,978 6,978 7,087
Prepayments 637 809 579 579 781
Work in progress 9 1,499 1,105 1,562 1,848 1,737
Total current assets 14,942 15,512 12,414 12,461 2,335
Non-current assets
Plant and equipment 10 3,346 3,547 3,623 3,404 3,108
Intangible assets 11 1,017 922 1,081 1,213 1,874
Total non-current assets 4,363 4,469 4,704 4,617 4,982
Total assets 19,305 19,981 17,118 17,078 17,317
Current liabilities
Payables and deferred revenue 12 5,883 5,695 5,584 5,112 5,645
Repayment of surplus due to the Crown 13 221 600 - - -
Employee entitlements 14 4,548 5,091 4,045 4,092 4,578
Total current liabilities 10,652 11,386 9,629 9,204 10,223
Non-current liabilities
Payables and deferred revenue 12 6 10 - - -
Employee entitlements 14 600 570 453 453 548
Total non-current liabilities 606 580 453 453 548
Total liabilities 11,258 11,966 10,082 9,657 10,771
Net assets 8,047 8,015 7,036 7,421 6,546
Equity
Taxpayers' funds 6,221 6,221 6,221 6,221 6,221
Memorandum account 15 1,826 1,794 815 1,200 325
Total equity 8,047 8,015 7,036 7,421 6,546

* All Estimates information is unaudited. The figures under Main Estimates 2018/19 reflect the forecasts published in Budget 2018 and in the Office's 2017/18 annual report, and the figures under Supplementary Estimates 2018/19 reflect the updated forecasts published in Budget 2019.

The accompanying notes form part of these financial statements.

Explanations of significant variances against the Main Estimates are detailed in Note 20.