Table 3.2: Budgeted departmental balance sheet (as at 30 June)

	2017–18 Estimated actual $'000	2018–19 Budget $'000	2019–20 Forward estimate $'000	2020–21 Forward estimate $'000	2021–22 Forward estimate $'000
ASSETS
Financial assets
Cash and cash equivalents	368	368	368	368	368
Trade and other receivables	21,784	21,884	21,984	22,084	22,084
Other financial assets	223	223	223	223	223
Total financial assets	22,375	22,475	22,575	22,675	22,675
Non-financial assets
Property, plant and equipment	1,722	1,991	1,940	1,824	1,792
Intangibles	768	664	834	828	740
Other non-financial assets	144	144	144	144	144
Total non-financial assets	2,634	2,799	2,918	2,796	2,676
Total assets	25,009	25,274	25,493	25,471	25,351
LIABILITIES
Payables
Suppliers	1,148	1,148	1,148	1,148	1,148
Other payables	238	238	238	238	238
Total payables	1,386	1,386	1,386	1,386	1,386
Interest bearing liabilities
Other interest bearing liabilities	222	222	222	222	222
Total interest bearing liabilities	222	222	222	222	222
Provisions
Employee provisions	4,781	4,881	4,981	5,081	5,081
Other provisions	76	76	76	76	76
Total provisions	4,857	4,957	5,057	5,157	5,157
Total liabilities	6,465	6,565	6,665	6,765	6,765
Net assets	18,544	18,709	18,828	18,706	18,586
EQUITY
Contributed equity	12,797	13,542	14,201	14,569	14,939
Reserves	462	462	462	462	462
Retained surplus/(accumulated deficit)	5,285	4,705	4,165	3,675	3,185
Total equity	18,544	18,709	18,828	18,706	18,586

Prepared on Australian Accounting Standards basis.

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