FORECAST FINANCIAL STATEMENTS FOR THE YEAR ENDING 30 JUNE 2007
STATEMENT OF ESTIMATED FINANCIAL POSITION
As at 30 June 2006 and Forecast Financial Position as at June 2007
|
Forecast
Financial Position as at 30 June 2006 $000 |
Estimated
Financial Position as at 30 June 2006 $000 |
Forecast
Financial Position as at 30 June 2007 $000 |
| Assets | |||
| Current Assets | |||
| Cash and bank balances | 49,733 |
61,233 |
45,159 |
| Prepayments | 1,000 |
1,000 |
1,000 |
| Debtors and receivables | 960 |
960 |
960 |
| Total Current Assets | 51,693 |
63,193 |
47,119 |
| Non-Current Assets | |||
| Fixed Assets | 41,433 |
41,433 |
54,779 |
| Total Assets | 93,126 |
104,626 |
101,898 |
| Liabilities | |||
| Current Liabilities | |||
| Creditors and payables | 27,309 |
27,309 |
27,309 |
| Provision for payment of surplus to the Crown | - |
6,996 |
73 |
| Provision for employee entitlements | 5,000 |
5,000 |
5,000 |
| Total Current Liabilities | 32,309 |
39,305 |
32,382 |
| Term Liabilities | |||
| Provision for employee entitlements | 3,400 |
3,400 |
3,400 |
| Other term liabilities | 20 |
20 |
2 |
| Total Term Liabilities | 3,420 |
3,420 |
3,402 |
| Total Liabilities | 35,729 |
42,725 |
35,784 |
| Taxpayers’ Funds | |||
| General funds | 53,039 |
57,543 |
61,756 |
| Revaluation reserve 4,358 4,358 4,358 | 4,358 |
4,358 |
4,358 |
| Total Taxpayers’ Funds | 57,397 |
61,901 |
66,114 |
| Total Liabilities and Taxpayers’ Funds | 93,126 |
104,626 |
101,898 |