Annual Report 2008-2009 - Department of Transport
Annual Report 2008-2009 - Department of Transport
Annual Report 2008-2009 - Department of Transport
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106<br />
20 Receivables<br />
<strong>2009</strong> <strong>2008</strong><br />
$ 000 $ 000<br />
Current<br />
Receivables 5 152 7 032<br />
Allowance for impairment <strong>of</strong> receivables (1 576) (975)<br />
Goods and services tax receivable 1 374 1 686<br />
Prepayments 399 635<br />
Interest receivable 368 315<br />
5 717 8 693<br />
Reconciliation <strong>of</strong> changes in the allowance for impairment <strong>of</strong><br />
receivables<br />
Balance at start <strong>of</strong> year 975 279<br />
Doubtful debts expense recognised in the income statement 600 696<br />
Amounts written <strong>of</strong>f during the year (56) -<br />
Amount recovered during the year 57 -<br />
Balance at end <strong>of</strong> year 1 576 975<br />
The <strong>Department</strong> does not hold any collateral as security or other credit<br />
enhancements relating to receivables.<br />
See also note 3(r) Receivables and note 38 Financial Instruments<br />
21 Amounts receivable for services<br />
Non-current<br />
Amounts receivables for services 116 587 101 584<br />
Represents the non-cash component <strong>of</strong> service appropriations (see note 3(p) Amounts Receivable for Services (Holding Account)). It is<br />
restricted in that it can only be used for asset replacement or payment <strong>of</strong> leave liability.<br />
22 Other assets<br />
Current<br />
Other current assets 645 1 895<br />
645 1 895
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