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National Transport Commission

Table 3.2.2: Budgeted departmental balance sheet (as at 30 June)

  Estimated
actual
2011–12
$'000
Budget
estimate
2012–13
$'000
Forward
estimate
2013–14
$'000
Forward
estimate
2014–15
$'000
Forward
estimate
2015–16
$'000
ASSETS    
Financial assets    
Cash and cash equivalents 2,200 2,300 2,400 2,500 2,500
Trade and other receivables 30 30 30 30 30
Total financial assets 2,230 2,330 2,430 2,530 2,530
Non-financial assets    
Land & buildings 191 141 91 41 41
Property, plant and equipment 248 198 148 98 98
Total non-financial assets 439 339 239 139 139
Total assets 2,669 2,669 2,669 2,669 2,669
LIABILITIES    
Payables    
Suppliers 400 400 400 400 400
Other payables 115 115 115 115 115
Total payables 515 515 515 515 515
Provisions    
Employee provisions 600 600 600 600 600
Total provisions 600 600 600 600 600
Total liabilities 1,115 1,115 1,115 1,115 1,115
Net assets 1,554 1,554 1,554 1,554 1,554
EQUITY    
Reserves 119 119 119 119 119
Retained surplus (accumulated deficit) 1,435 1,435 1,435 1,435 1,435
Total equity 1,554 1,554 1,554 1,554 1,554

‘Equity’ is the residual interest in assets after deduction of liabilities.

Prepared on Australian Accounting Standards basis.

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