AGNSW_AnnRep_00 full.pdf - Parliament of New South Wales ...
AGNSW_AnnRep_00 full.pdf - Parliament of New South Wales ...
AGNSW_AnnRep_00 full.pdf - Parliament of New South Wales ...
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
ART GALLERY OF NEW SOUTH WALES TRUST<br />
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS<br />
26 NON-CASH FINANCING AND INVESTING ACTIVITIES<br />
The following non-cash transactions are included in the financial accounts for the year.<br />
ACTUAL ACTUAL<br />
2<strong>00</strong>0 1999<br />
$’<strong>00</strong>0 $’<strong>00</strong>0<br />
Donations <strong>of</strong> works <strong>of</strong> art – brought to account by creating<br />
an asset and crediting non cash donations 2,914 2,097<br />
The following items are brought to account as expenses in the operating statement<br />
and are credited as income in the form <strong>of</strong> non-cash sponsorships, non-cash donations<br />
or services provided free <strong>of</strong> charge.<br />
Voluntary services provided 1,248 1,079<br />
Advertising, freight, accommodation, travel and similar expenses 495 534<br />
Maintenance (Department <strong>of</strong> Public Works) 496 1,145<br />
27 COMMITMENTS FOR EXPENDITURE<br />
Capital Commitment<br />
Purchase <strong>of</strong> painting-not later than one year<br />
Other Expenditure Commitments<br />
Outsourcing <strong>of</strong> Network Administration and help desk services<br />
332 -<br />
Not later than one year 194 -<br />
Later than one year and not later than 5 years 210 -<br />
GST- Commitments disclosed above include $37,<strong>00</strong>0 for GST. A contingent asset exists for the<br />
same amount which is recoverable from The Australian Taxation Office.<br />
END OF AUDITED FINANCIAL STATEMENTS<br />
49
Change language