Trade $7,514,000 $7,337,000 $9,846,000 recognised in the receivables: income statement current Amounts written -$67,000 -$5,000 -$15,000 Trade $166,000 $0 $0 off during the receivables: year Balance at end $239,000 $310,000 $38,000 Less: Allowance -$239,000 -$310,000 -$38,000 of year for impairment of Return to index of notes receivables (a) 23. Amounts receivable for services Interest $378,000 $479,000 $1,273,000 Received 2010 (in dollars) 2009 (in dollars) receivable item Accrued revenue $1,425,000 $5,938,000 $619,000 GST receivable $1,038,000 4686,000 $2,729,000 Current $3,900,000 $3,365,000 Other receivables $4,000 $88,000 $709,000 Non-current $38,627,000 $35,209,000 $42,527,000 $38,574,000 Less: Allowance $0 $0 -$590,000 for impairment of This asset represents the non-cash component of service other receivables appropriations see note 3(n) receivable for services – ‘Amounts Total $10,286,000 $14,218,000 $14,548,000 (Holding Account)’. It is restricted in that it can only be used for asset receivables replacement or payment of leave liability. The reconciliation at the beginning and end of the current and [Accessibility note: The following is a table referenced in the previous previous year is set out below: table under Allowance for impairment of receivables (a).] ‘Less: Receivable item 30 June 30 June 1 July 2008 Account 2010 (in 2009 (in 2010 (in 2009 (in (in dollars) item dollars) dollars) dollars) dollars) Opening $38,574,000 $36,460,000 Balance at start $310,000 $38,000 $28,000 of year balance of Holding Doubtful -$4,000 $277,000 $25,000 Account expense
Trade receivables: current $7,514,000 $7,337,000 $9,846,000 Trade receivables: $166,000 $0 $0 Less: Allowance for impairment of receivables (a) -$239,000 -$310,000 -$38,000 Interest receivable $378,000 $479,000 $1,273,000 Accrued revenue $1,425,000 $5,938,000 $619,000 GST receivable $1,038,000 4686,000 $2,729,000 Other receivables $4,000 $88,000 $709,000 Less: Allowance for impairment of other receivables $0 $0 -$590,000 Total receivables $10,286,000 $14,218,000 $14,548,000 [Accessibility note: The following is a table referenced in the previous table under ‘Less: Allowance for impairment of receivables (a).] Receivable item 30 June 2010 (in dollars) 30 June 2009 (in dollars) 1 July 2008 (in dollars) Balance at start of year $310,000 $38,000 $28,000 Doubtful expense recognised in the income statement -$4,000 $277,000 $25,000 Amounts written off during the year -$67,000 -$5,000 -$15,000 Balance at end of year $239,000 $310,000 $38,000 Return to index of notes 23. Amounts receivable for services Received item 2010 (in dollars) 2009 (in dollars) Current $3,900,000 $3,365,000 Non-current $38,627,000 $35,209,000 $42,527,000 $38,574,000 This asset represents the non-cash component of service appropriations – see note 3(n) ‘Amounts receivable for services (Holding Account)’. It is restricted in that it can only be used for asset replacement or payment of leave liability. The reconciliation at the beginning and end of the current and previous year is set out below: Account item 2010 (in dollars) 2009 (in dollars) Opening balance of Holding Account $38,574,000 $36,460,000
Department%20of%20Agriculture%20and%20Food%20Annual%20report%202010%20-%20Word.docx