Territory Stories

Alice Springs Town Council 2003/2004 Annual Report



Alice Springs Town Council 2003/2004 Annual Report

Other title

Annual report 2003/2004; Alice Springs Town Council annual report


Alice Springs Town Council


E-Publications; E-Books; PublicationNT; Annual Report




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




Alice Springs (N.T.). Council -- Periodicals; Local government -- Northern Territory -- Alice Springs -- Periodicals

Publisher name

Alice Springs Town Council

Place of publication

Alice Springs


Annual Report



File type


Copyright owner

Alice Springs Town Council

Parent handle


Citation address


Page content

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS for the year ended 30 June 2005 Note 1 - Significant Accounting Policies (cont) Page 11 17. GST Implications In accordance with UIG Abstract 31 Accounting for the Goods & Services Tax Receivables and Creditors include GST receivable and payable. Except in relation to input taxed activities, revenues and operating expenditures exclude GST receivable and payable. Non-current assets and capital expenditures include GST net of any recoupment. Amounts included in the Statement of Cash Flows are disclosed on a gross basis. 18. Rounding In accordance with the Code of Accounting Practice all amounts shown in the Financial Statements have been rounded to the nearest thousand dollars. 19. Comparative Information Where necessary, comparative information has been reclassified to be consistent with the current year disclosure of equivalent information. 20. Impact of Australian International Financial Reporting Standards The NT government regulator has yet to determine an introduction date for AIFRS.

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