01 - Department of Education and Communities - NSW Government

Department of School EducationSTATEMENT OF FINANCIAL POSITIONas at 30 June 1997Notes Actual Budget Actual1997 1997 1996($’000) ($’000) ($’000)ASSETSCurrent AssetsCash 116,436 58,187 61,433Investments 10 87 94 94Receivables 11 108,461 101,387 100,919Other 212 293 206Total Current Assets 225,196 159,961 162,652Non Current AssetsProperty plant and equipment 12 10,293,658 10,288,486 10,299,086Investments 10 40 33 33Receivables 11 430 150 202Total Non Current Assets 10,294,128 10,288,669 10,299,321Total Assets 10,519,324 10,448,630 10,461,973LIABILITIESCurrent LiabilitiesAccounts payable 14 60,281 56,453 55,614Employee entitlements 16 59,457 45,133 43,603Other 17 2,750 2,022 3,033Total Current Liabilities 122,488 103,608 102,250Non Current LiabilitiesBorrowings 15 199 199 199Employee entitlements 16 33,701 37,094 34,143Other 17 6,720 8,407 11,440Total Non Current Liabilities 40,620 45,700 45,782Total Liabilities 163,108 149,308 148,032Net Assets 10,356,216 10,299,322 10,313,941EQUITY 18Accumulated Funds 10,356,216 10,299,322 10,313,941Total Equity 10,356,216 10,299,322 10,313,941The accompanying notes form part of these statements106 DSE Annual Report 1997