Territory Stories

Charles Darwin Univiersity financial statements 2017



Charles Darwin Univiersity financial statements 2017


Charles Darwin Univiersity


Charles Darwin Univiersity financial statements; Reports; PublicationNT




Made available via the Publications (Legal Deposit) Act 2004 (NT).




Charles Darwin University -- Periodicals; Charles Darwin University -- Finance -- Periodicals; Financial statements -- Australia -- Northern Territory; Universities and colleges -- Australia -- Northern Territory -- Finance -- Periodicals

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Charles Darwin University

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v. ; 30 cm.

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Charles Darwin University

Related materials

http://territorystories.nt.gov.au/jspui/handle/10070/306001 [Charles Darwin University finanical statement]

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Notes to the Financial Statements For the year ended 31 December 2017 29 Note 8: Other revenue Consolidated Parent Entity 2017 2016 2017 2016 $'000 $'000 $'000 $'000 Other revenue Donations - CDUFT and other 959 1,563 38 65 Scholarships and prizes 2,091 1,503 1,631 1,239 Financial assistance/grants 488 301 488 301 Sales 4,682 5,446 5,590 6,191 Facility and equipment hire 1,358 1,341 1,242 1,349 Catering 169 148 166 145 Guest accommodation 3,968 3,367 2,483 3,342 Joint venture operations 2,350 8,366 2,350 8,366 Sundry income 1,485 852 1,448 1,476 Other 1,730 1,112 1,508 1,164 Total other revenue 19,280 24,000 16,944 23,637 Other income Change in fair value less point of sale cost of livestock 657 122 657 122 Total other income 657 122 657 122 Total other revenue 19,937 24,122 17,601 23,759 Accounting Policy Sale of goods Revenue is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer and can be measured reliably. Risks and rewards are considered to have passed to the buyer at the time of delivery of the goods to the customer. Rendering of services Revenue from rendering of services is recognised only when the entity has a right to be compensated, it is probable that compensation will be received, and the amount of revenue and the stage of completion of a transaction can be reliably measured. Sale of goods and disposal of assets Revenue from the sale of goods and disposal of assets is recognised when the group has passed control to the buyer. Contribution of assets Revenue arising from the contribution of assets is recognised when the group gains control of the contribution or the right to receive the contribution. Liabilities forgiven The gross amount of a liability forgiven by a credit provider is recognised as revenue. Change in fair value less point of sale cost of livestock Changes in the fair value less estimated point of sale costs are recognised in the income statement in the year they arise.

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