Financial Statements

Murray-Darling Basin Commission

Statement of Financial Position

for the year ended 30 June 2005

Notes 2005

2004
$'000     $'000
ASSETS
Financial assets
Cash 6A 40,199 42,583
Receivables 6B 7,380 5,301
Other financial assets 6C 824 888
Total financial assets 48,403 48,772
Non-financial assets
Infrastructure assets 7A,D 1,345,907 1,350,259
Property, plant & equipment 7B,D 1,002 1,000
Intangibles 7D 124 -
Inventories 7E 203 64
Leasehold improvements 7C 153 162
Other non-financial assets 7F 150 72
Investment in joint venture entity 7G 517 502
Total non-financial assets 1,348,056 1,352,059
Total Assets 1,396,459 1,400,831
LIABILITIES
Interest bearing liabilities
Leases 8 133 204
Total interest bearing liabilities 133 204
Provisions
Employees 9 1,632 1,592
Other 9 104 -
Total provisions 1,736 1,592
Payables
Goods and Services 10A 26,855 22,976
Revenue received in advance 10B 4,700 4,655
Total payables 31,555 27,631
   
Total Liabilities 33,424 29,427
NET ASSETS 1,363,035 1,371,404
EQUITY
Contributions by contracting Governments for purchase of assets 11A 3,144 3,144
Asset Revaluation Reserve 11A 148,007 148,007
Retained Surpluses 11A 1,211,884 1,220,253
TOTAL EQUITY   1,363,035 1,371,404
Current assets 48,403 48,908
Non-current assets 1,348,056 1,351,923
Current liabilities 32,653 28,471
Non-current liabilities 771   956

 

The above statement should be read in conjunction with the accompanying notes.

 

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