Territory Stories

2013/14 City of Darwin annual report

Details:

Title

2013/14 City of Darwin annual report

Other title

City of Darwin annual report 2013/14

Creator

City of Darwin

Collection

E-Publications; E-Books; PublicationNT; City of Darwin annual report; Annual Report

Date

2014-11-26

Notes

Made available by via Publications (Legal Deposit) Act 2004 (NT)

Language

English

Subject

Darwin (N.T.); Council; Periodical; Annual report

Publisher name

City of Darwin

Place of publication

Darwin

Series

City of Darwin annual report; Annual Report

Volume

2013/14

File type

application/pdf

Use

Copyright

Copyright owner

City of Darwin

License

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

Parent handle

https://hdl.handle.net/10070/817299

Citation address

https://hdl.handle.net/10070/817300

Page content

CITY OF DARWIN Annual Report 2013/14 CITY OF DARWIN Annual Report 2013/14 196 197 Notes to the Financial Statements for the year ended 30 June 2014 Notes to the Financial Statements for the year ended 30 June 2014 Note 33. Financial Instruments CONTINUED $ 000 Fair Value The fair value of trade and other receivables and payables is assumed to approximate the value of the original transaction, less any allowance for impairment. The fair value of borrowings is based on the market value of debt outstanding. The market value of a debt obligation is the discounted value of future cash flows based on prevailing market rates and represents the amount required to be repaid if this was to occur at balance date. Carrying Value Fair Value $ 000 2014 2013 2014 2013 Consolidated Financial Assets Cash and Cash Equivalents 3,440 8,747 3,440 8,747 Investments - Held to Maturity 67,278 53,846 67,278 53,846 Receivables 6,365 5,762 6,365 5,762 Total Financial Assets 77,083 68,355 77,083 68,355 Financial Liabilities Payables 8,458 8,600 8,458 8,600 Loans 3,923 4,110 3,923 4,110 Total Financial Liabilities 12,381 12,710 12,381 12,710 Council Financial Assets Cash and Cash Equivalents 2,366 7,870 2,366 7,870 Investments - Held to Maturity 67,278 53,846 67,278 53,846 Receivables 6,332 5,731 6,332 5,731 Total Financial Assets 75,976 67,447 75,976 67,447 Financial Liabilities Payables 7,894 7,965 7,894 7,965 Loans 3,923 4,110 3,923 4,110 Total Financial Liabilities 11,817 12,075 11,817 12,075 Note 34. Council Information & Contact Details Principal Place of Business: 17 Harry Chan Avenue Darwin NT 0801 Contact Details Mailing Address: GPO Box 84 Darwin NT 0801 Opening Hours: Civic Centre 8:00am to 5:00pm Monday to Friday Telephone: 08 8930 0300 Facsimile: 08 8930 0311 Internet: www.darwin.nt.gov.au Email: darwin@darwin.nt.gov.au AUDITORS Merit Partners Level 2, 9 Cavenagh St Darwin NT 0800 Other Information ABn: 11 503 313 301 Officers CHIEF EXECUTIVE OFFICER Brendan Dowd Elected Members LORD MAYOR Katrina Fong Lim ALDERMEn Jeanette Anictomatis Bob Elix Helen Galton Gary Haslett Robin Knox Garry Lambert George Lambrinidis Robyn Lesley Allan Mitchell Simon Niblock Rebecca Want de Rowe Kate Worden < >


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