Show download pdf controls
  • Financial Assets

    Note 3A: Cash

    Item

    2018$'000

    2017$'000

    Special Account - ACNC

    3,044

    4,080

    Cash on hand or on deposit

    25,900

    19,035

    Total cash

    28,944  

    23,115

    Accounting Policy

    Cash is recognised at its nominal amount. Cash includes cash on hand or on deposit, and cash held in bank and the OPA for special accounts.

    Note 3B: Trade and Other Receivables
      2018$'000 2017$'000
    Services receivable 53,197   57,970
    Total Services receivables 53,197 57,970
    Appropriations receivables
    Existing programs
    Cash held in the Official Public Account: ATO 392,835   351,176
    Total appropriations receivables 392,835   351,176
    Other receivables
    GST receivable from the ATO (as Tax Administrator) 31,926   29,336
    Other 5,718  22,705
    Total other receivables 37,644   52,041
    Total trade and other receivables (gross) 483,676   461,187
    Less impairment allowance
    Services1 (19,782) (18,850)
    Other receivables (82) (45)
    Total impairment allowance (19,864) (18,895)
    Total trade and other receivables (net) 463,812   442,292

    1 Prior year adjustments have been made to these numbers. Refer to Overview.

    Reconciliation of the Impairment Allowance

    Movements in relation to 2018

    Item

    Goods and services 2018$'000 Other receivables 2018$'000 Total 2018$'000

    Opening balance

    (18,850)

    (45)

    (18,895)

    Amounts written off

    10,404

    2

    10,406

    Amounts recovered and reversed

    54

    4

    58

    (Increase)/decrease recognised in net surplus

    (11,390)

    (43)

    (11,433)

    Closing balance

    (19,782)

    (82)

    (19,864)

    Movements in relation to 20171

    Item

    Goods and services 2017$'000 Other receivables 2017$'000 Total 2017$'000

    Opening balance

    (14,845) 

    (130) 

    (14,975) 

    Amounts written off

    6,414

    96

    6,510

    Amounts recovered and reversed

    20

    18

    38

    (Increase)/decrease recognised in net surplus

    (10,439)

    (29)

    (10,468)

    Closing balance

    (18,850) 

    (45) 

    (18,895) 

    1 Prior year adjustments have been made to these numbers. Refer to Overview.
      Last modified: 26 Oct 2018QC 57142