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 Services 183 NT FLEET FINANCIAL REPORT Balance Sheet 2016-17 Actual $000 2016-17 Original Budget $000 Variance $000 Note ASSETS Current assets Cash and deposits 23 925 22 847 1 078 1 Receivables 842 2 131 (1 289) 2 Prepayments 142 137 5 Assets held for sale 1 438 - 1 438 3 Total current assets 26 347 25 115 1 232 Non-current assets Property, plant and equipment 99 535 101 569 (2 034) 4 Total non-current assets 99 535 101 569 (2 034) TOTAL ASSETS 125 882 126 684 (802) LIABILITIES Current liabilities Payables 2 572 3 158 (586) 5 Creditors and accruals - - Income tax liabilities 3 041 - 3 041 6 Provisions 4 013 7 021 (3 008) 6 Other liabilities 23 295 (272) 6 Total current liabilities 9 649 10 474 (825) Non-current liabilities Provisions - - Total non-current liabilities - - TOTAL LIABILITIES 9 649 10 474 (825) NET ASSETS 116 233 116 210 23 EQUITY Capital Opening balance 565 536 29 Accumulated funds 112 119 112 171 (52) Opening balance 112 684 112 707 (23) Current year surplus(+)/deficit(-) 7 097 7 006 91 Dividends payable (3 548) (3 503) (45) TOTAL EQUITY 116 233 116 210 23 Notes: Please note that this comparison is different from the Balance Sheet presented in the financial statement overview at the front of this report. This note reflects the original budget and the overview section references the final budget which incorporates approved budget adjustments during the year. 1. Improved operating result. 2. Lower number of vehicles sold towards the end of year. 3. Budget for assets held for sale was included in property, plant and equipment. 4. Retention of number of vehicles held for sale as at 30 June 2017. 5. Decrease in payables for goods and services. 6. Budget allocated in provisions.


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