Home page iconHOME |   Contents page iconCONTENTS |   Search iconSEARCH |  Previous Years  PREVIOUS YEARS |
Table of contents
Related Links

  You are in:

NOTE 7: Financial Assets

prev page | TOC | next page


Note 7A: Cash and Cash Equivalents

2011
$’000
2010
$’000
Special Accounts
2,024
2,021
Cash on hand or on deposit
3,603
607
Total cash and cash equivalents
5,627
2,628

Note 7B: Trade and Other Receivables

2011
$’000
2010
$’000
Goods and Services:
Goods and services – related entities
6,809
4,404
Goods and services – external parties
14,095
24,246
Total receivables for goods and services
20,904
28,650
Appropriations receivable:
For existing programs
96,140
120,299
For existing programs – special accounts
56,164
56,009
Departmental supplementation
(80)
420
Undrawn equity injection
122,751
32,943
Departmental Capital Budget (DCB)
5,544
0
Total appropriations receivable
280,519
209,671
Other receivables:
GST receivable from the Australian Taxation Office
2,523
2,548
Total other receivables
2,523
2,548
Total trade and other receivables (gross)
303,946
240,869
Less impairment allowance account:
Goods and services
(981)
(753)
Total impairment allowance account
(981)
(753)
Total trade and other receivables (net)
302,965
240,116
Receivables are expected to be recovered in:
Less than 12 months
302,965
240,116
Total trade and other receivables (net)
302,965
240,116
Receivables are aged as follows:
Not overdue
299,280
235,910
Overdue by:
0 to 30 days
782
991
31 to 60 days
506
201
61 to 90 days
126
976
More than 90 days
3,252
2,791
Total receivables (gross)
303,946
240,869

2011
$’000
2010
$’000
The impairment allowance account is aged as follows:
Not overdue
0
0
Overdue by:
0 to 30 days
0
0
31 to 60 days
0
0
61 to 90 days
0
0
More than 90 days
(981)
(753)
Total impairment allowance account
(981)
(753)

Reconciliation of the impairment allowance account:



Movements in relation to 2011
Goods and
services
$’000
Total
$’000
Opening balance
(753)
(753)
Amounts written off
47
47
Amounts recovered and reversed
560
560
Increase/decrease recognised in net surplus
(835)
(835)
Closing balance
(981)
(981)

Movements in relation to 2010
Goods and
services
$’000
Total
$’000
Opening balance
(335)
(335)
Amounts written off
151
151
Amounts recovered and reversed
114
114
Increase/decrease recognised in net surplus
(683)
(683)
Closing balance
(753)
(753)

Note 7C: Other Financial Assets

2011
$’000
2010
$’000
Accrued revenue
3,086
2,244
Total other financial assets
3,086
2,244
Total other financial assets are expected to be recovered in:
Less than 12 months
3,086
2,244
Total other financial assets
3,086
2,244


prev page | TOC | next page


Produced by the Portfolio Strategies Division, Australian Government Department of Health and Ageing.
URL: http://www.health.gov.au/internet/annrpt/publishing.nsf/Content/annual-report-1011-toc~1011part5~1011dohafinstatements~1011dohanotes~1011dohanote7
If you would like to know more or give us your comments contact: annrep@health.gov.au