February 2008 report to the Legislative Assembly
Report to the Legislative Assembly; Reports; PublicationNT
2008
Made available via the Publications (Legal Deposit) Act 2004 (NT).
Date:2008-02
English
Northern Territory. Auditor-General's Office -- Periodicals; Finance, Public -- Northern Territory -- Accounting -- Periodicals; Northern Territory -- Appropriations and expenditures -- Periodicals
Northern Territory Auditor-General's Office
Darwin
1323-7128
Check within Publication or with content Publisher.
https://hdl.handle.net/10070/223559
https://hdl.handle.net/10070/686148
158 Auditor-General for the Northern Territory February 2008 Report Territory Insurance Office cont Abridged Balance Sheet TIO Insurance & Banking MAC Fund TIO 2007 2006 2007 2006 2007 2006 $m $m $m $m $m $m Assets Cash and cash equivalents 24 17 6 7 30 24 Trade and other receivables 39 38 1 1 40 37 Other financial assets 227 164 304 258 531 422 Intangible assets 1 1 - - 1 1 Investment property - - 41 39 41 39 Loans 519 476 - - 519 476 Reinsurance and other recoveries 18 25 26 24 44 49 Property, plant and equipment 38 34 - - 38 34 Deferred reinsurance expense 18 16 - - 18 16 Deferred acquisition costs 3 3 - - 3 3 Deferred tax assets 3 3 - - 3 3 Total Assets 890 777 378 329 1,268 1,104 Liabilities Outstanding claims liability (105) (115) (234) (228) (339) (343) Trade and other payables (26) (27) (6) (7) (32) (32) Deposits (376) (508) - - (376) (508) Other financial liabilities (1) - - - (1) - Tax liabilities (13) (8) - - (13) (8) Provisions (4) (5) - - (4) (5) Unearned premium liability (45) (42) (20) (19) (65) (61) Securitisation liabilities (223) - - - (223) - Subordinated loans (20) (18) - - (20) (18) Total Liabilities (813) (723) (260) (254) (1,073) (975) Net Assets 77 54 118 75 195 129