Territory Stories

February 2008 report to the Legislative Assembly

Details:

Title

February 2008 report to the Legislative Assembly

Collection

Report to the Legislative Assembly; Reports; PublicationNT

Date

2008

Description

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

Notes

Date:2008-02

Language

English

Subject

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

Darwin

ISSN

1323-7128

Copyright owner

Check within Publication or with content Publisher.

Parent handle

https://hdl.handle.net/10070/223559

Citation address

https://hdl.handle.net/10070/686148

Page content

Auditor-General for the Northern Territory February 2008 Report 89 Darwin Port Corporation cont Abridged Balance Sheet 2007 2006 $000 $000 Current Assets Cash and cash equivalents 3,320 4,508 Receivables and other current assets 2,213 3,009 Less Current Liabilities (4,343) (4,703) Working Capital 1,190 2,814 Add Non Current Assets 200,890 198,613 202,080 201,427 Less Non Current Liabilities (37,410) (29,977) Net assets 164,670 171,450 Represented by: Accumulated funds (15,051) 72 Reserves 20,176 13,176 Contributed Equity 159,545 158,202 Equity 164,670 171,450 The Corporations short-term liquidity position has reduced slightly to a current ratio of 1.27 (2006: 1.59) Cash assets have reduced by $1.984 million predominately as a result of increased expenditure in staffing and operational costs due to the bulk loading system.