Statement of financial position

Statement of financial position
as at 30 June 2022
ASSETS
	Notes	2022 $’000	2021 $’000	Original Budget $’000
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.

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