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Annual Report 2016-2017 Department of the Legislative Assembly



Annual Report 2016-2017 Department of the Legislative Assembly

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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 54 External Receivables (a) Aging of Receivables Aging of Impaired Receivables Net Receivables $000 $000 $000 2016-17 Not overdue 13 - 26 Overdue for less than 30 days - - - Overdue for 30 to 60 days 1 - 1 Overdue for more than 60 days 2 - 2 Total 16 - 29 2015-16 Not overdue 8 - 8 Overdue for less than 30 days 1 - 1 Overdue for 30 to 60 days 2 - 2 Overdue for more than 60 days 24 - 24 Total 35 - 35 (a) Internal receivables are from entities controlled by the NTG (entities listed in TAFR 2015-16 Note 41: Details of Controlled Entities at Reporting Date), whereas external receivables are from third parties external to the NTG. c) Liquidity Risk Liquidity risk is the risk that the agency will not be able to meet its financial obligations as they fall due. The agencys approach to managing liquidity is to ensure that it will always have sufficient liquidity to meet its liabilities when they fall due. The following tables detail the agencys remaining contractual maturity for its financial assets and liabilities.

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