Territory Stories

Department of Corporate and Information Services annual report 2016-17

Details:

Title

Department of Corporate and Information Services annual report 2016-17

Creator

Northern Territory. Department of Corporate and Information Services

Collection

E-Publications; E-Books; PublicationNT; Department of Corporate and Information Services annual report; Annual report

Date

2017

Notes

Made available by the Library & Archives NT via the Publications (Legal Deposit) Act 2004 (NT).

Language

English

Subject

Northern Territory. Department of Corporate and Information Services -- Periodical

Publisher name

Northern Territory Government

Place of publication

Darwin

Series

Department of Corporate and Information Services annual report; Annual report

Volume

2016/2017

File type

application/pdf

ISSN

1835-2332

Use

Attribution International 4.0 (CC BY 4.0)

Copyright owner

Northern Territory Government

License

https://creativecommons.org/licenses/by/4.0

Parent handle

https://hdl.handle.net/10070/304926

Citation address

https://hdl.handle.net/10070/361114

Page content

Annual Report 2016-17 | Department of Corporate and Information Services178 N T FLEET FIN AN CIAL R EPO RT c) LIQUIDITY RISK Liquidity risk is the risk that NT Fleet will not be able to meet its financial obligations as they fall due. NT Fleets approach to managing liquidity is to ensure that it will always have sufficient liquidity to meet its liabilities when they fall due. The following tables detail NT Fleets remaining contractual maturity for its financial assets and liabilities. 2017 Maturity analysis for financial assets and liabilities d) MARKET RISK Market risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes in market prices. It comprises interest rate risk, price risk and currency risk. (i) Interest Rate Risk NT Fleet has limited exposure to interest rate risk as NT Fleets financial assets and financial liabilities, are non interest bearing. Finance lease arrangements are established on a fixed interest rate and as such do not expose NTFleet to interest rate risk. Variable Interest Rate Fixed Interest Rate Less than a Year 1 to 5 Years More than 5 Years Less than a Year 1 to 5 Years More than 5 Years NonInterest Bearing Total Weighted Average $000 $000 $000 $000 $000 $000 $000 $000 % ASSETS Cash and deposits 23 921 - - - - - 4 23 925 1.52 Receivables - - - - - - 780 780 Total Financial Assets 23 921 - - - - - 784 24 705 LIABILITIES Payables - - - - - - 2 572 2 572 Total Financial Liabilities - - - - - - 2 572 2 572 Variable Interest Rate Fixed Interest Rate Less than a Year 1 to 5 Years More than 5 Years Less than a Year 1 to 5 Years More than 5 Years NonInterest Bearing Total Weighted Average $000 $000 $000 $000 $000 $000 $000 $000 % ASSETS Cash and deposits 24 008 - - - - - 5 24 013 1.96 Receivables - - - - - - 921 921 Total Financial Assets 24 008 - - - - - 926 24 934 LIABILITIES Payables - - - - - - 3 213 3 213 Total Financial Liabilities - - - - - - 3 213 3 213 2016 Maturity analysis for financial assets and liabilities


Aboriginal and Torres Strait Islander people are advised that this website may contain the names, voices and images of people who have died, as well as other culturally sensitive content. Please be aware that some collection items may use outdated phrases or words which reflect the attitude of the creator at the time, and are now considered offensive.

We use temporary cookies on this site to provide functionality.
By continuing to use this site without changing your settings, you consent to our use of cookies.