Territory Stories

Annual Report 2000/2001 Territory Housing



Annual Report 2000/2001 Territory Housing

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Tabled paper 154


Tabled Papers for 9th Assembly 2001 - 2005; Tabled papers for 9th Assembly 2001 - 2005; Tabled papers; ParliamentNT






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W IIIIIH M M J g a B Notes to the Financial Statements (NHHfa(par ended 30 June 2001 Territory Housing 9B |ess Services 3(n) Operational costs Operational Costs Operational costs consist primarily o f f legal fees and sundry expenditure. 4 TAX EQUIVALENT REGIME (Deficit) / surplus from ordinary ac before income tax: Territory Housing Business Service Territory Housing Business Service Territory Housing Business Service Housing GBD 97/98 Housing GBD 96/97 Total Operating Loss carried forward I 609 lications, I 498 (5 533) 5 943 5 943 (27 586) (27 586) (39 154) (39 154) (2 643) (2 644) (68 973) (63 441) A Future Income Tax Benefit attribu losses o f $20 692 (Operating loss < has not been recognised in accorda the realisation o f such a future ben virtually certain. A future benefit will only be obtained if: Territory Housing Business Service assessable income o f a nature and to enable the benefit from the de to be realised; Territory Housing Business Service with the conditions fo r deductibild equivalent regime; and no changes to the tax equivalent i Territory Housing Business Services j from the deductions fo r the loss. 5 CASH ASSETS Operating Account Cash advances Settlement Account 30%) \S 3 as ture : sufficient the loss ; to comply | by the tax sely affect benefit 46 629 5 440 6 90

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