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 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


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.