Parks Victoria - Annual Report 2009-10

FINANCIAL REPORTNOTES TO THE FINANCIAL STATEMENTSFor The Financial Year Ended 30 June 201015 ReceivablesReceivables – CurrentDebtors 9,952 6,806Provision for doubtful debts (436) (137)Total Receivables – current 9,516 6,6692010$’0002009$’000Receivables – Non-CurrentOther Receivables 99 94Total Receivables – Non-current 99 94Total Receivables 9,615 6,763(a) Movement in the provision for doubtful receivablesBalance at beginning of the year (137) (384)Reversal of unused provision recognised in the net result – 145Increase in provision recognised in the net result (305) –Reversal of provision written off during the year as uncollectible 6 102Balance at the end of the year (436) (137)(b) Ageing analysis of contractual receivablesRefer to note 33.2 for the ageing analysis of receivables (except statutory receivables).(c) Nature and extent of risk arising from contractual receivablesRefer to note 33 for the nature and extent of risks arising from contractual receivables.16 Other Financial AssetsAvailable for Sale Financial AssetsAustralian Dollar Term Deposit > 3 months 60,000 20,000Total Other Financial Assets – non-current 60,000 20,000(a) Ageing analysis of investments and other financial assetsPlease refer to Note 33 for the ageing analysis of other financial assets.(b) Nature and extent of risk arising from investments and other financial assetsPlease refer to Note 33 for the nature and extent of risks arising from investments and other financial assets.76 Parks Victoria - Annual Report 2009-10