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 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.