Annual Report 2018-2019 Essential Services Commission of South Australia
Tabled paper 1481
Tabled papers for 13th Assembly 2016 - 2020; Tabled papers; ParliamentNT
2019-11-27
Deemed
Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.
English
Tabled papers
Department of the Legislative Assembly
Darwin
application/pdf
Copyright
See publication
https://www.legislation.gov.au/Details/C2019C00042
https://hdl.handle.net/10070/755171
https://hdl.handle.net/10070/768714
Essential Services Commission Notes to and forming part of the financial statements for the year ended 30 June 2019 7 NOTES TO THE FINANCIAL STATEMENTS 1. About the Essential Services Commission .............................................................................. 9 1.1. Reporting entity ............................................................................................................................. 9 1.2. Statement of compliance ............................................................................................................... 9 1.3. Basis of preparation ...................................................................................................................... 9 1.4. Administered items ........................................................................................................................ 9 1.5. Comparative information ............................................................................................................. 10 1.6. Taxation ....................................................................................................................................... 10 1.7. Objectives .................................................................................................................................... 10 1.8. Activities ...................................................................................................................................... 11 2. Commission, committees and employees ............................................................................. 12 2.1. Key management personnel ....................................................................................................... 12 2.2. Commission and committee members ........................................................................................ 12 2.3. Employee benefits expenses ...................................................................................................... 13 2.4. Employee benefits liability ........................................................................................................... 14 3. Expenses .................................................................................................................................... 15 3.1. Supplies and services ................................................................................................................. 15 3.2. Depreciation and amortisation .................................................................................................... 15 3.3. Other expenses ........................................................................................................................... 16 4. Income ........................................................................................................................................ 16 4.1. Revenue from licence and administration fees ........................................................................... 16 4.2. Contributions from South Australian Government ...................................................................... 17 4.3. Revenue from services................................................................................................................ 17 4.4. Other income ............................................................................................................................... 17 5. Non-financial assets ................................................................................................................. 17 5.1. Property, plant and equipment .................................................................................................... 17 5.2. Intangible assets ......................................................................................................................... 18 6. Financial assets ......................................................................................................................... 19 6.1. Receivables ................................................................................................................................. 19 7. Liabilities .................................................................................................................................... 19 7.1. Payables ...................................................................................................................................... 19 7.2. Provisions .................................................................................................................................... 20 7.3. Other liabilities ............................................................................................................................. 20 8. Changes in accounting policy ................................................................................................. 21 8.1. Treasurers Instructions (Accounting Policy Statements) ........................................................... 21 8.2. AASB 9 Financial Instruments .................................................................................................... 21 9. Outlook ....................................................................................................................................... 22 9.1. Unrecognised contractual commitments ..................................................................................... 22 9.2. Contingent assets and contingent liabilities ................................................................................ 22 9.3. Impacts of standards and statements not yet effective ............................................................... 23 9.4. Events after the reporting period ................................................................................................. 24
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