Territory Stories

Annual report 2003 - 2004

Details:

Title

Annual report 2003 - 2004

Other title

Department of the Chief Minister

Collection

Dept. of the Chief Minister annual report; Department of the Chief Minister annual report; Reports; PublicationNT

Date

2004

Description

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

Notes

Date:2004

Language

English

Subject

Northern Territory. Dept. of the Chief Minister -- Periodicals; Executive departments -- Northern Territory -- Periodicals

Publisher name

Dept. of the Chief Minister

Place of publication

Darwin

Copyright owner

Check within Publication or with content Publisher.

Parent handle

https://hdl.handle.net/10070/231446

Citation address

https://hdl.handle.net/10070/668403

Page content

80 DEPARTMENT OF THE CHIEF MINISTER FI N A N C IA L ST A TE M EN TS 2004 2003 $000 $000 11 BORROWINGS AND ADVANCES Current Finance lease liability (refer Note 18) 5 58 5 58 Non-Current Commonwealth advance railway mezzanine debt 5 050 5 050 Commonwealth advance railway equity (refer Note 23) 8 850 8 850 13 900 13 900 Total Borrowings and Advances 13 905 13 958 12 PROVISIONS Current Employee benefits Annual leave & airfares 3 008 2 811 Leave loading 258 235 Total Provisions 3 266 3 046 13 OTHER PROVISIONS Fringe Benefits Tax 181 169 Payroll Tax 164 137 Total Other Provisions 345 306 14 EQUITY (a) Capital Equity at the beginning of year 39 499 Equity recognised on adoption of accrual accounting 7 580 Equity injections 6 806 28 899 Equity Transfers In / Out 322 Assumption of long service leave to Central Holding Authority (refer Note 1(n)) 3 020 Balance at the end of year 46 627 39 499 (b) Reserves (i) Asset Revaluation Reserve The asset revaluation reserve contains the net revaluation increment arising from the revaluation of the Administrators Building in accordance with AASB 1041. DEPARTMENT OF THE CHIEF MINISTER, NOTES TO FINANCIAL STATEMENTS - FOR THE YEAR ENDED 30 JUNE 2004