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Statement of Fiancial Position as at June 2004

 

2002-03 2003-04
Note $'000 $'000
Assets
Current assets
Cash on hand and deposit accounts 2.8(a) 5,860 2,238
Receivables 2.8(b), 8.1 376 552
Tax Asset 2.13 1,648 1,680
Other current assets 2.8(d), 8.4 2,093 3,572
Total current assets 9,977 8,042
Non-Current assets  
Receivables 2.8(b), 8.1 233 226
Plant equipment and vehicles 2.8(e), 8.2 6,543 6,233
Land and buildings 2.8(e), 8.2 9,953 9,484
Road infrastructure 2.8(e), 8.2 3,057,037 3,275,565
Other infrastructure 2.8(e), 8.2 10,522 10,277
Intangibles  2.8(e), 8.2 . 1,040
Total non-current assets 3,084,288 3,302,825
Total assets 3,094,265 3,310,867
Liabilities
Current liabilities
Employee entitlements 2.9 (b), 9.1 5,020 4,105
Payables 2.9(a), 9.2 2,017 1,803
Other    2.9 (d), 9.3 3,433 463
Total current liabilities 10,470 6,371
Non-current liabilities
Employee entitlements 2.9(b), 9.1 5,880 6,088
Total non-current liabilities  5,880 6,088
Total liabilities  16,350 12,459
Net assets (liabilities) 3,077,915 3,298,408
Equity 
Accumulated Surplus  10.1 2,636,410 2,594,431
Asset Revaluation Reserve 10.3 441,505 703,977
Total equity  3,077,915 3,298,408

 The above Statement of Financial Position should be read in conjunction with the accompanying notes.