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 201 DATA CENTRE SERVICES FINANCIAL REPORT Rendering of Services Revenue from rendering services is recognised by reference to the stage of completion of the contract. The revenue is recognised when: the amount of revenue, stage of completion and transaction costs incurred can be reliably measured it is probable that the economic benefits associated with the transaction will flow to the entity. 2017 $000 2016 $000 3. Purchases of Goods and Services The net surplus has been arrived at after charging the following expenses: Goods and Services Expenses Contractors and consultants1 3 389 2 629 Legal expenses2 2 Recruitment - 6 Training and study 65 55 Official duty fares 3 6 Travelling allowance 2 8 1 Includes IT contractors and consultants. 2 Includes legal fees, claim and settlement costs. 4. Write-Offs, Postponements, Waivers, Gifts and Ex-Gratia Payments DCS had no write-offs, postponements, waivers, gifts and ex-gratia payments in 2016-17 and 2015-16. 2017 $000 2016 $000 5. Income Tax Expense Prima facie income tax expense calculated at 30% of the surplus before income tax 1 263 1 544 1 263 1 544 2017 $000 2016 $000 6. Cash and Deposits Cash at bank 10 817 16 861 10 817 16 861 For the purposes of the Balance Sheet and the Cash Flow Statement, cash includes cash on hand, cash at bank and cash equivalents. Cash equivalents are highly liquid short-term investments that are readily convertible to cash.