Territory Stories

Belyuen Community Government Council annual report 2018-19

Details:

Title

Belyuen Community Government Council annual report 2018-19

Creator

Belyuen Community Government Council

Collection

E-Publications; E-Books; PublicationNT; Belyuen Community Government Council annual report; Annual Report

Date

2019

Notes

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

Language

English

Subject

Belyuen Community Government Council; Local government; Periodical

Publisher name

Belyuen Community Government Council

Place of publication

Belyuen

Series

Belyuen Community Government Council annual report; Annual Report

Volume

2018/2019

File type

application/pdf

Use

Copyright

Copyright owner

Belyuen Community Government Council

License

https://www.legislation.gov.au/Details/C2019C00042

Parent handle

https://hdl.handle.net/10070/306358

Citation address

https://hdl.handle.net/10070/817196

Page content

BELYUEN COMMUNITY GOVERNMENT COUNCIL 34 NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2019 NOTE 15: FINANCIAL INSTRUMENTS (Contd) (c) Liquidity risk Liquidity risk arises from the possibility that the Council might encounter difficulty in settling its debts or otherwise meeting its obligations related to financial liabilities. The Council manages this risk by monitoring its cash flows through the use of cash flow forecasts and monitoring the ageing of receivables and payables. The table below reflects an undiscounted contractual maturity analysis for non-derivative financial instruments. The Council does not hold directly any derivative financial liabilities. Cash flows realised from financial assets reflect the Councils expectation as to the timing of realisation. Actual timing may therefore differ from that disclosed. The timing of cash flows presented in the table to settle financial liabilities reflects the earliest contractual settlement dates. Within 1 Year Total 2019 2018 2019 2018 $ $ $ $ Financial liabilities due for payment Trade and other payables 351,416 322,720 351,416 322,720 Total contractual outflows 351,416 322,720 351,416 322,720 Total expected outflows 351,416 322,720 351,416 322,720 Within 1 Year Total 2019 2018 2019 2018 $ $ $ $ Financial assets cash flows realisable Cash and cash equivalents 540,485 766,874 540,485 766,874 Trade and other receivables 31,452 59,976 31,452 59,976 Total expected outflows 571,937 826,850 571,937 826,850 Net (outflow)/inflow on financial instruments 220,521 504,130 220,521 504,130