Department of Corporate and Information Services annual report 2016-17
Annual report 2016-17
Northern Territory. Department of Corporate and Information Services
E-Publications; E-Books; PublicationNT; Department of Corporate and Information Services annual report; Annual report
2017
Made available by the Library & Archives NT via the Publications (Legal Deposit) Act 2004 (NT).
English
Northern Territory. Department of Corporate and Information Services -- Periodical
Northern Territory Government
Darwin
Department of Corporate and Information Services annual report; Annual report
2016/2017
application/pdf
1835-2332
Attribution International 4.0 (CC BY 4.0)
Northern Territory Government
https://creativecommons.org/licenses/by/4.0
https://hdl.handle.net/10070/304926
https://hdl.handle.net/10070/361114
Annual Report 2016-17 | Department of Corporate and Information Services 189 DATA CENTRE SERVICES FINANCIAL REPORT Annual Report 2016-17 | Department of Corporate and Information Services 189 DATA CENTRE SERVICES FINANCIAL REPORT Table 6: 2016-17 and 2015-16 Actual Financial Position Financial Position (Balance Sheet) DCS net financial position at the end of 2016-17 was $23.3 million, which is $1.5 million higher than the previous year. The net increase reflects the operating result of $3.0 million less the dividend payable to government of $1.5 million. The major movements between 2015-16 and 2016-17 relate to a decrease in cash and deposits offset by an increase in prepayments and purchase of equipment for the new Government Data Centre. Major assets at 30 June 2017 included: $10.8 million cash and deposits; $2.5 million receivables (outstanding service fees); $5.9 million prepayments (software licensing and maintenance); and $8.6 million property, plant and equipment (including buildings and leasehold improvements). Major liabilities at 30 June 2017 included: $0.5 million payables and accrued expenses; $1.3 million income tax expense; $1.5 million provision for dividends; and $1.2 million provisions for employee entitlements. 2017 $000 2016 $000 Variation $000 ASSETS Current Assets 17 146 22 486 (5 340) Non-Current Assets 10 657 4 649 6 008 TOTAL ASSETS 27 803 27 135 668 LIABILITIES Current Liabilities 4 549 4 891 (342) Non-Current Liabilities - 464 (464) TOTAL LIABILITIES 4 549 5 355 (806) NET ASSETS 23 254 21 780 1 474 EQUITY 23 254 21 780 1 474 TOTAL EQUITY 23 254 21 780 1 474