Territory Stories

Annual Report 2010-2011 Northern Territory Electoral Commission



Annual Report 2010-2011 Northern Territory Electoral Commission

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Tabled paper 1602


Tabled papers for 11th Assembly 2008 - 2012; Tabled papers; ParliamentNT




Tabled By Speaker


Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.




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NORTHERN TERRITORY ELECTORAL COMMISSION NOTES TO THE FINANCIAL STATEMENTS For the year ended 30 June 2011 52 2011 $000 2010 $000 11. PAYABLES Accounts Payable (62) (25) Accrued Expenses (28) (59) Other Payables Total Payables (90) (84) 12. PROVISIONS Current Employee Benefits Recreation Leave (112) (81) Leave Loading (13) (9) Other Employee Benefits (4) (1) Other Current Provisions Other Provisions (28) (19) (157) (110) Non-Current Employee Benefits Recreation Leave (53) (24) Other Employee Benefits Other Non-Current Provisions Other Provisions (53) (24) Total Provisions (210) (134) The Agency employed 13 employees as at 30 June 2011 (11 employees as at 30 June 2010). 13. OTHER LIABILITIES Current Other Liabilities 3 0 3 0 Non-Current Other Liabilities 0 0 14. RESERVES Asset Revaluation Surplus (i) Nature and Purpose of the Asset Revaluation Surplus The asset revaluation surplus includes the net revaluation increments and decrements arising from the revaluation of non-current assets. Impairment adjustments may also be recognised in the Asset Revaluation Surplus. (ii) Movements in the Asset Revaluation Surplus Balance as at 1 July 0 0 Changes In Accounting Policies Correction of Prior period Errors Increment/(Decrement) - Buildings Impairment (Losses)/Reversals - Buildings Increment/(Decrement) - Infrastructure Impairment (Losses)/Reversals - Infrastructure Balance as at 30 June 0 0

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