Parks Victoria - Annual Report 2009-10

BALANCE SHEETAs at 30 June 2010Notes2010$’0002009$’0001 July 2008*$’000AssetsFinancial assetsCash and deposits 14 36,543 48,593 52,357Receivables 15 9,615 6,763 6,121Other financial assets 16 60,000 20,000 –Total financial assets 106,158 75,356 58,478Non–financial assetsInventories 17 138 142 114Property, plant and equipment 18 1,455,646 1,207,343 1,205,394Intangible assets 19 7,046 – –Other non–financial assets 20 80 179 156Total non–financial assets 1,462,910 1,207,664 1,205,664Total assets 1,569,068 1,283,020 1,264,142LiabilitiesPayables 21 21,094 19,255 15,755Provisions 22 29,944 27,168 24,026Deferred revenue 23 77,028 41,071 33,063Total liabilities 128,066 87,494 72,844Net assets 1,441,002 1,195,526 1,191,298EquityAccumulated surplus/(deficit) (48,483) (40,757) (39,304)Physical asset revaluation surplus 24 901,818 901,818 901,818Contributed capital 25 587,667 334,465 328,784Total equity 1,441,002 1,195,526 1,191,298Contingent liabilities and contingent assets 27Commitments for expenditure 28The balance sheet should be read in conjunction with the accompanying notes.* See note 2.5 for details regarding the change in accounting policy.Parks Victoria - Annual Report 2009-10 53