Final Annual Report - Health Workforce Australia

Statement of Financial Position

as at 30 June 2014

Page last updated: 18 May 2015

Statement of Financial Position as at 30 June 2014
    2014 2013
  Notes $’000 $’000
ASSETS
Financial Assets      
Cash and cash equivalents 5A 117,979 28,374
Trade and other receivables 5B 12,516 3,856
Investments 5C - 128,500
Accrued revenue 5D 486 1,199
Total financial assets   130,981 161,929
Non-Financial Assets      
Property, plant and equipment 6A 360 5,119
Intangibles 6B 254 314
Other 6C 36,961 936
Total non-financial assets   37,575 6,369
Total assets   168,556 168,298
LIABILITIES
Payables      
Suppliers 7A 1,072 3,853
Grants 7B 1,306 18,319
Other 7C 464 612
Total payables 2,842 22,784
Provisions      
Employee provisions 8A 7,539 2,269
Total provisions   7,539 2,269
Total liabilities   10,381 25,053
Net assets   158,175 143,245
EQUITY
Retained surplus   158,175 143,245
Total equity   158,175 143,245

The above statement should be read in conjunction with the accompanying notes.