Section 2 - Sugar Research and Development Corporation
Section 2 - Sugar Research and Development Corporation
Section 2 - Sugar Research and Development Corporation
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92<br />
<strong>Sugar</strong> <strong>Research</strong> <strong>and</strong> <strong>Development</strong> <strong>Corporation</strong><br />
NOTES OF THE FINANCIAL STATEMENTS<br />
Note 5: Financial Assets<br />
Note 5A: Cash <strong>and</strong> Cash Equivalents<br />
SRDC Annual Report 2010–2011<br />
2011<br />
$’000<br />
2010<br />
$’000<br />
Cash on h<strong>and</strong> or on deposit 9,153 9,990<br />
Total cash <strong>and</strong> cash equivalents 9,153 9,990<br />
Note 5B: Trade <strong>and</strong> Other Receivables<br />
Good <strong>and</strong> Services:<br />
Goods <strong>and</strong> services – external parties 7 48<br />
Total receivables for goods <strong>and</strong> services 7 48<br />
Department of Agriculture, Fisheries <strong>and</strong> Forestry:<br />
Commonwealth contribution receivable 2,128 1,059<br />
Levies receivable 27 58<br />
Total receivable from Department of Agriculture,<br />
Fisheries <strong>and</strong> Forestry<br />
2,155 1,117<br />
Other receivables:<br />
GST receivable from the Australian Taxation Offi ce 254 181<br />
Interest 127 82<br />
Total other receivables 381 263<br />
Total trade <strong>and</strong> other receivables (gross) 2,543 1,428<br />
Receivables are expected to be recovered in:<br />
No more than 12 months 2,543 1,428<br />
Total trade <strong>and</strong> other receivables (net) 2,543 1,428<br />
Receivables are aged as follows:<br />
Not overdue 2,543 1,428<br />
Total receivables (gross) 2,543 1,428
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