Annual Report 2016-2017 Department of the Legislative Assembly
Tabled paper 405
Tabled Papers for 13th Assembly 2016 - 2020; Tabled Papers; ParliamentNT
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DEPARTMENT OF THE LEGISLATIVE ASSEMBLY NOTES TO THE FINANCIAL STATEMENTS For the year ended 30 June 2017 DLA Annual Report 2016-17 Page 51 2016-17 Categorisation of Financial Instruments Fair value through profit or loss Designated at fair value Total $000 $000 Cash and deposits 5,320 5,320 Receivables1 29 29 Total Financial Assets 5,349 5,349 Deposits held1 1 1 Payables1 549 549 Total Financial Liabilities 550 550 1.Total amounts disclosed here exclude statutory amounts 2015-16 Categorisation of Financial Instruments Fair value through profit or loss Designated at fair value Total $000 $000 Cash and deposits 4,664 4,664 Receivables1 35 35 Total Financial Assets 4,699 4,699 Deposits held1 1 1 Payables1 364 364 Total Financial Liabilities 365 365 1.Total amounts disclosed here exclude statutory amounts Classification of Financial Instruments AASB 7 Financial Instruments: Disclosures requires financial instruments to be classified and disclosed within specific categories depending on their nature and purpose. Financial assets are classified into the following categories: financial assets at fair value through profit or loss; held-to-maturity investments; loans and receivables; and available-for-sale financial assets. Financial liabilities are classified into the following categories: financial liabilities at fair value through profit or loss (FVTPL); and financial liabilities at amortised cost.