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Statement of Financial Position

Defence Service Homes Insurance Scheme
Statement of Financial Position

as at 30 June 2017

    2017 2016 Original
Budget
2017
  Notes $'000 $'000 $'000
ASSETS        
Financial assets        
    Cash and cash equivalents 2.1A 2,642 2,171 2,454
    Trade and other receivables 2.1B 16,294 13,814 14,686
    Investments 2.1C 62,169 58,655 60,693
Total financial assets   81,105 74,640 77,833
         
Non-financial assets        
    Intangibles 2.2A 305 380 305
    Other non-financial assets 2.2B 392 1,089 1,066
Total non-financial assets   697 1,469 1,371
         
Total assets   81,802 76,109 79,204
         
LIABILITIES        
Payables        
    Suppliers 2.3A 6,456 5,666 5,350
    Unearned revenue 3.1C 21,839 21,619 21,311
    Other payables 2.3B 366 510 500
Total payables   28,661 27,795 27,161
         
Provisions        
    Gross claims outstanding 3.1B 18,897 13,290 16,798
Total provisions   18,897 13,290 16,798
         
Total liabilities   47,558 41,085 43,959
         
Net assets   34,244 35,024 35,245
         
EQUITY        
    Retained surplus   34,244 35,024 35,245
Total equity   34,244 35,024 35,245

The above statement should be read in conjunction with the accompanying notes.

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