STATEMENT OF FORECAST FINANCIAL POSITION
As at 30 June 2006
Statement of forecast financial position as at 30 June 2006.
|
| |
2003/04
Actual |
2004/05
Estimated |
2005/06
Plan |
|
| Taxpayers’ funds: |
|
|
|
| General funds |
7566 |
8026 |
8801 |
| Revaluation reserve |
898 |
738 |
738 |
|
| Total taxpayers’ funds |
8464 |
8764 |
9539 |
|
| Represented by: |
|
|
|
| Current assets |
|
|
|
| Cash |
2139 |
2528 |
2447 |
| Prepayments |
194 |
300 |
300 |
| Inventory |
14 |
46 |
46 |
| Debtors and receivables |
14762 |
12745 |
15745 |
|
| Total current assets |
17109 |
15619 |
18538 |
|
| Non-current assets |
|
|
|
| Property, plant and equipment |
8457 |
9173 |
11079 |
|
| Total assets |
25566 |
24792 |
29617 |
|
| Current liabilities |
|
|
|
| Creditors and payables |
10135 |
10878 |
15478 |
| Provision for: |
|
|
|
| Repayment of surplus |
2759 |
600 |
0 |
| Employee entitlements |
1892 |
2150 |
2000 |
| Unearned revenue |
134 |
0 |
0 |
| Current finance lease liability |
14 |
0 |
0 |
|
| Total current liabilities |
14934 |
13628 |
17478 |
|
| Term liabilities |
|
|
|
| Provision for employee entitlements |
2163 |
2400 |
2600 |
| Non-current finance lease liability |
3 |
0 |
0 |
|
| Total liabilities |
17102 |
16028 |
20078 |
|
| Net surplus |
8464 |
8764 |
9539 |
|
The Statement of Accounting Policies should be read in conjunction with these financial statements