Territory Stories

Annual Report 2021–2022, Power and Water Corporation

Details:

Title

Annual Report 2021–2022, Power and Water Corporation

Other title

Tabled Paper 708

Collection

Tabled Papers for 14th Assembly 2020 -; Tabled Papers; ParliamentNT

Date

2022-11-23

Notes

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.

Language

English

Subject

Tabled papers

Publisher name

Legislative Assembly of the Northern Territory

Place of publication

Darwin

File type

application/pdf

Use

Copyright

Copyright owner

Legislative Assembly of the Northern Territory

License

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

Parent handle

https://hdl.handle.net/10070/893266

Citation address

https://hdl.handle.net/10070/893267

Page content

68 Page 17 of 60 Power and Water Corporation Consolidated statement of financial position for the year ended 30 June 2022 June 2022 June 2021 June 2022 June 2021 Note $'000 $'000 $'000 $'000 Current assets Cash and cash equivalents 7 (a) 147,312 148,667 79,324 81,947 Trade and other receivables 8 (a) 118,875 117,867 128,075 120,294 Finance lease receivables 13 965 900 2,059 1,933 Current tax assets 5 (c) 2,133 13,305 2,133 13,305 Inventories 9 36,735 30,841 27,682 27,059 Intangible assets 16 1,687 841 665 590 Total current assets 307,707 312,421 239,938 245,128 Non-current assets Trade and other receivables 8 (b) 26,321 16,112 26,321 16,112 Loans to subsidiaries 12 - - 25,000 17,921 Investments 10 3 3 3 3 Finance lease receivables 13 5,353 6,087 21,202 22,377 Property, plant and equipment 14 2,932,775 2,967,915 2,307,467 2,336,489 Right-of-use assets 15 426,538 382,443 388,307 343,748 Intangible assets 16 63,303 61,618 63,094 61,442 Deferred tax assets 5 (b) 26,264 26,562 26,264 26,562 Total non-current assets 3,480,557 3,460,740 2,857,658 2,824,654 Total assets 3,788,264 3,773,161 3,097,596 3,069,782 Current liabilities Trade and other payables 17 68,746 58,448 55,533 51,575 Unearned revenue 18 72,976 57,990 72,976 57,990 Borrowings 19 245,000 209,000 245,000 209,000 Lease liabilities 20 34,712 26,721 33,441 27,480 Provisions 21 43,656 43,084 43,656 43,085 Government grants 22 21,219 25,398 - - Total current liabilities 486,309 420,641 450,606 389,130 Non-current liabilities Deferred tax liabilities 5 (b) 109,460 121,571 109,460 121,571 Unearned revenue 18 22,054 18,381 22,054 18,381 Borrowings 19 930,000 948,000 930,000 948,000 Lease liabilities 20 415,157 374,116 391,770 348,995 Provisions 21 4,727 5,606 4,727 5,606 Government grants 22 368,011 371,419 - Total non-current liabilities 1,849,409 1,839,093 1,458,011 1,442,553 Total liabilities 2,335,718 2,259,734 1,908,617 1,831,683 Net assets 1,452,546 1,513,427 1,188,979 1,238,099 Equity Contributed equity 23 44,336 74,336 44,336 74,336 Retained earnings 24 402,424 354,772 703,317 645,428 Asset Revaluation Reserve 25 1,005,786 1,084,319 441,326 518,335 Total equity 1,452,546 1,513,427 1,188,979 1,238,099 The consolidated statement of financial position is to be read in conjunction with the notes to the financial statements. CorporationConsolidated Consolidated statement of financial position


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