Annual Report 2002–03 > Table of Contents > Financial Statements 2002–03 > Notes to and forming part of the Financial Statements > Note 5
Note 5–Financial Assets
|
2002–03 |
2001–02 |
|
|
$'000 |
$'000 |
|
|
Cash on hand |
9 |
9 |
|
Cash at bank |
1 581 |
5 945 |
|
Total cash |
1 590 |
5 954 |
|
All cash is recognised as a current asset. |
||
|
Appropriations receivable |
4 000 |
0 |
|
Goods & services |
236 |
287 |
|
Less: Provision for doubtful debts |
(10) |
(10) |
|
4 226 |
277 |
|
|
GST receivable from the ATO |
96 |
215 |
|
Total net receivables |
4 322 |
492 |
|
All receivables are current assets. |
||
|
Gross receivables are aged as follows: |
||
|
Not overdue |
4 169 |
338 |
|
Overdue by: |
||
|
less than 30 days |
145 |
152 |
|
30 days to 60 days |
18 |
11 |
|
60 days to 90 days |
0 |
0 |
|
more than 90 days |
0 |
1 |
|
Total gross receivables |
4 332 |
502 |
|
The provision for doubtful debts is overdue by 30–60 days. |
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