Statement of Forecast Financial Position as at 30 June 2008

Statement of Forecast Financial Position for the year ending 30 June 2008
	30/06/07 Budgeted $000	30/06/07 Estimated Actual $000	30/06/08 Forecast $000
Taxpayers' funds	39,411	39,411	39,411
Total taxpayers' funds	39,411	39,411	39,411
Represented by:
Assets
Current assets
Cash and bank balances	5,635	5,635	3,865
Prepayments	1,245	1,245	1,245
Debtor Crown	1,617	1,617	1,617
Debtors and receivables	3,018	3,018	3,018
Total current assets	11,515	11,515	9,745
Non-current assets
Fixed assets	56,673	56,673	56,380
Total non-current assets	56,673	56,673	56,380
Total assets	68,188	68,188	66,125
Less: Liabilities
Current liabilities
Creditors and payables	17,759	17,759	15,759
Provisions	218	218	155
Provision for payment of surplus	0	0	0
Employee entitlements	4,000	4,000	4,000
Deferred revenue	1,500	1,500	1,500
Total current liabilities	23,477	23,477	21,414
Non-current liabilities
Employee entitlements	5,300	5,300	5,300
Total non-current liabilities	5,300	5,300	5,300
Total liabilities	28,777	28,777	26,714
Net assets	39,411	39,411	39,411

The accompanying accounting policies and notes form part of these financial statements.

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