Final Annual Report - Health Workforce Australia

Note 5: Financial Assets

Notes to and forming part of the financial statements for the year ended 30 June 2014

Page last updated: 18 May 2015

Note 5: Financial Assets
  2014 2013
  $’000 $’000
Note 5A: Cash and Cash Equivalents
Cash at bank 117,979 28,374
Total cash and cash equivalents 117,979 28,374
Note 5B: Trade and Other Receivables
Good and Services:  
Goods and services - related entities 7 16
Goods and services - external parties 8,902 951
Total receivables for goods and services 8,909 967
Other receivables:  
Net GST receivable from the Australian Taxation Office 3,572 2,888
Other 35 1
Total other receivables 3,607 2,889
Total trade and other receivables 12,516 3,856
Receivables are aged as follows:  
Not overdue 9,670 3,835
Overdue by:
     0 to 30 days 2,206 16
     61 to 90 days 356  -
     More than 90 days 284 5
Total receivables 12,516 3,856
All receivables are expected to be recovered in no more than 12 months and no receivables are overdue.  
Receivables are not impaired at reporting date.  
Note 5C: Investments
Term deposits - 128,500
Total other Financial Assets - 128,500
Note 5D: Accrued Revenue
Accrued Interest 486 1,199
Total Accrued Revenue 486 1,199