Department of Infrastructure, Transport, Regional Development and Communications

Table 3.3: Budgeted departmental balance sheet (as at 30 June)

2018–19
Actual

$'000
2019–20
Revised
budget
$'000
2020–21
Forward
estimate
$'000
2021–22
Forward
estimate
$'000
2022–23
Forward
estimate
$'000
ASSETS
Financial assets
Cash and cash equivalents 8,407 8,438 8,438 8,438 8,438
Trade and other receivables 147,706 132,584 133,706 135,401 137,141
Other financial assets 1,586 1,586 1,586 1,586 1,586
Total financial assets 157,699 142,608 143,730 145,425 147,165
Non-financial assets
Land and buildings 28,482 151,813 129,571 107,205 85,086
Property, plant and equipment 18,873 21,940 19,740 17,084 14,896
Intangibles 19,038 28,571 26,397 25,274 23,901
Heritage and Cultural Assets 36,022 35,880 35,738 35,596 35,454
Other non-financial assets 10,106 10,106 10,106 10,106 10,106
Total non-financial assets 112,521 248,310 221,552 195,265 169,443
Total assets 270,220 390,918 365,282 340,690 316,608
LIABILITIES
Payables
Employee payable 3,925 4,971 5,502 6,050 6,614
Suppliers 25,133 25,212 25,212 25,212 25,212
Other payables 6,077 2,853 2,853 2,853 2,853
Total payables 35,135 33,036 33,567 34,115 34,679
Interest bearing liabilities
Leases - 130,665 113,838 95,954 77,263
Total interest bearing liabilities - 130,665 113,838 95,954 77,263
Provisions
Employee provisions 69,332 71,199 72,318 73,465 74,641
Other provisions 889 894 894 894 894
Total provisions 70,221 72,093 73,212 74,359 75,535
Total liabilities 105,356 235,794 220,617 204,428 187,477
Net assets 164,864 155,124 144,665 136,262 129,131
EQUITY
Contributed equity (16,547) (10,304) (2,469) 6,831 16,731
Reserves 40,678 40,678 40,678 40,678 40,678
Retained surplus/(accumulated deficit) 140,733 124,750 106,456 88,753 71,722
Total equity 164,864 155,124 144,665 136,262 129,131

Prepared on Australian Accounting Standards basis.

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