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
Auditor-General for the Northern Territory February 2008 Report 95 Data Centre Services cont Abridged Balance Sheet 2007 2006 $000 $000 Current Assets Cash and cash equivalents 4,052 3,908 Receivables and other current assets 2,918 3,045 Less Current Liabilities (2,933) (3,908) Working Capital 4,037 3,045 Add Non Current Assets 2,610 2,780 6,647 5,825 Less Non Current Liabilities (167) (144) Net assets 6,480 5,681 Represented by: Accumulated funds 6,149 5,356 Capital 331 325 Equity 6,480 5,681 DCS continues to demonstrate a strong net asset position as at 30 June 2007. The $0.8 million (14%) improvement on the prior year is largely attributable to the net surplus after tax and dividends. The Data Centre Services has commented: DCIS acknowledges the Auditor-Generals analysis. It is noted that the increase in employee numbers is offset by savings in contractor expenses and does not result in a real increase in resources.