Statement of financial position

Year ended 30 June 2015

The information referenced in the "Notes" column refers to content available in the full version of the TIO Financial Report 2015.

Download the full TIO Financial Report 2015 


Note 2015 2014



(Restated)


$ $
Current assets


Cash and cash equivalents 18 5,046,392 5,164,722
Receivables * 7 4,121,089 5,587,213
Other assets 8 233,134 199,395
Total current assets
9,400,615 10,951,330




Non current assets


Intangible assets * 9 1,168,022 1,816,611
Plant and equipment * 10 187,461 502,696
Other assets 8 27,037 64,080
Total non current assets
1,382,520 2,383,387
Total assets
10,783,135 13,334,717




Current liabilities


Payables * 11 1,534,273 2,248,350
Borrowings 12 220,465 713,775
Provisions 13 1,825,333 2,118,738
Other liabilities 14 139,997 139,997
Total current liabilities
3,720,068 5,220,860




Non current liabilities


Payables * 11 587,761 759,290
Borrowings 12 - 296,223
Provisions 13 338,581 487,450
Other liabilities 14 93,331 233,327
Total non current liabilities
1,019,673 1,776,290
Total liabilities
4,739,741 6,997,150
Net assets
6,043,394 6,337,567




Accumulated Surplus


Accumulated surplus **
6,043,394 6,337,567
Total accumulated surplus
6,043,394 6,337,567
 

 * The FY2014 Balance Sheet has been restated to reflect adjustments made in the FY2015 financial year. Details on the restatements can be found in the accompanying notes. 

** Details to restatement can be found on Statement of Changes in Equity.