Territory Stories

February 2008 report to the Legislative Assembly



February 2008 report to the Legislative Assembly


Report to the Legislative Assembly; Reports; PublicationNT




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






Northern Territory. Auditor-General's Office -- Periodicals; Finance, Public -- Northern Territory -- Accounting -- Periodicals; Northern Territory -- Appropriations and expenditures -- Periodicals

Publisher name

Northern Territory Auditor-General's Office

Place of publication




Copyright owner

Check within Publication or with content Publisher.

Parent handle


Citation address


Page content

Auditor-General for the Northern Territory February 2008 Report 141 NT Fleet cont Abridged Balance Sheet 2007 2006 $000 $000 Current Assets Cash and cash equivalents 4,353 632 Receivables and other current assets 631 490 Less Current Liabilities (8,403) (7,305) Working Capital (3,419) (6,183) Add Non Current Assets 80,995 76,668 77,576 70,485 Less Non Current Liabilities (4,173) (174) Net assets 73,403 70,311 Represented by: Accumulated funds 72,875 69,783 Capital 528 528 Equity 73,403 70,311 NT Fleet continues to display a strong net asset position as at 30 June 2007. This is a $3.1 million (4%) improvement on the prior year and is due to the net surplus after tax and dividends. The value of the vehicle fleet at year end has increased by $4.3 million from the prior year mainly due to the modernisation of the fleet, a small increase in vehicle numbers (2%) and the introduction of a rolling capital replacement program for heavy vehicles. The implementation of the heavy vehicle replacement program has been funded by a $4 million loan from the Northern Territory Treasury Corporation. The Department of Corporate and Information Services has commented: DCIS acknowledges the Auditor-Generals analysis.

Aboriginal and Torres Strait Islander people are advised that this website may contain the names, voices and images of people who have died, as well as other culturally sensitive content. Please be aware that some collection items may use outdated phrases or words which reflect the attitude of the creator at the time, and are now considered offensive.

We use temporary cookies on this site to provide functionality.
By continuing to use this site without changing your settings, you consent to our use of cookies.