Comcare - Australian Government
Comcare homeComcare Annual Report 2010-11 homeFinancials

Comcare balance sheet

as at 30 June 2011

 
Notes
2011
$'000
2010
$'000
ASSETS      
       
Financial assets       
Cash and cash equivalents 6A 211,003 199,122
Trade and other receivables 6B 2,293,215 2,090,707
Other 6C 5,050 2,713
       
Total financial assets   2,509,268 2,292,542
       
Non-financial assets      
Property, plant and equipment 7A 9,178 11,154
Intangibles 7B 2,918 3,116
Other 7D 1,075 898
       
Total non-financial assets   13,171 15,168
       
TOTAL ASSETS   2,522,439 2,307,710
       
LIABILITIES      
       
Payables      
Suppliers 8A 3,456 2,520
Workers’ compensation claims payable 8B 3,474 3,975
Other 8C 9,225 1,931
       
Total payables   16,155 8,426
       
Provisions      
Employee provisions 9A 11,428 10,177
Workers’ compensation claims 9B 1,889,400 1,676,200
Common law asbestos related disease claims 9C 595,100 605,860
Other 9D 1,660 1,540
       
Total provisions   2,497,588 2,293,777
       
TOTAL LIABILITIES   2,513,743 2,302,203
       
NET ASSETS   8,696 5,507
       
EQUITY      
       
Parent Entity Interest      
Contributed equity   605 605
Reserves   354 368
Retained surplus/(deficit)   7,737 4,534
Total parent entity interest   8,696 5,507
       
TOTAL EQUITY   8,696 5,507
       

The above statements should be read in conjunction with the following notes