Territory Stories

Batchelor Institute of Indigenous Tertiary Education annual report 2015

Details:

Title

Batchelor Institute of Indigenous Tertiary Education annual report 2015

Creator

Batchelor Institute of Indigenous Tertiary Education (N.T.)

Collection

E-Publications; E-Books; PublicationNT; Batchelor Institute of Indigenous Tertiary Education annual report; Annual Report

Date

2015

Notes

Made available via the Publications (Legal Deposit) Act 2004 (NT).

Language

English

Subject

Batchelor Institute of Indigenous Tertiary Education (N.T.); Periodicals; Aboriginal Australians; Education; Northern Territory; Batchelor; Teachers; Training of; Annual report

Publisher name

Batchelor Institute press

Place of publication

Batchelor

Series

Batchelor Institute of Indigenous Tertiary Education annual report; Annual Report

Volume

1 January to 31 December 2015

Previously known as

Batchelor College annual report

File type

application/pdf

ISSN

1324-8685

Use

Copyright

Copyright owner

Batchelor Institute of Indigenous Tertiary Education (N.T.)

License

https://www.legislation.gov.au/Details/C2019C00042

Parent handle

https://hdl.handle.net/10070/264495

Citation address

https://hdl.handle.net/10070/468306

Page content

54 Batchelor Institute of Indigenous Tertiary Education NOTE 28: COMMITMENTS Lease commitments All leases entered into by Batchelor Institute are operating leases. Batchelor Institute does not have any finance leases. Motor vehicle operating leases have been included in these statements as the Batchelor Institute is contractually obliged to pay. Economic Entity 2015 2014 $000 $000 Operating leases Motor vehicles 1,164 1,235 Office equipment 246 533 Total operating leases 1,410 1,768 Commitments for minimum lease payments in relation to non-cancellable operating leases are payable as follows: Within one year 842 839 Later than one year but not later than five years 568 929 Total lease commitments 1,410 1,768 NOTE 29: ECONOMIC DEPENDENCY Batchelor Institute is funded predominantly by annual appropriations from both the Australian and Northern Territory Governments to meet proposed cash expenditure on both operational and capital items in the current financial year. Also, the Northern Territory Government Department of Corporate and Information Services (DCIS) provides certain services and resources to Batchelor Institute at no charge (see Note 14). This general purpose financial report has been prepared on a going concern basis in the expectation that such funding and support will continue. NOTE 30: EVENTS OCCURRING AFTER THE BALANCE SHEET DATE There were no material events after balance date required to be incorporated into the Financial Statements or disclosed in the Notes to the Financial Statements. NOTE 31: RECONCILIATION OF OPERATING RESULT AFTER INCOME TAX TO NET CASH FLOWS FROM OPERATING ACTIVITIES Economic Entity 2015 2014 $000 $000 Operating result for the period (3,186) (1,317) Depreciation and amortisation 1,631 1,657 (1,555) 340 Change in operating assets and liabilities Decrease/ (increase) in receivables 103 2,275 Decrease/ (increase) in other operating assets 71 61 (Decrease) in trade and other payables 364 (60) (Decrease) in provisions 702 (429) Increase in other operating liabilities (162) 2,107 1,078 3,954 Net cash provided by operating activities (477) 4,294


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