Forecast Statement of Financial Position

	2005/06 Budget $000	2005/06 Estimated Actual $000	2006/07 Forecast $000
ASSETS Current Assets Cash and bank balances Prepayments Accounts receivable Inventories	69,640 625 6,800 4,700	31,524 625 4,050 3,842	17,383 625 4,050 3,842
Total current assets	81,765	40,041	25,900
Non-current assets Livestock Investments Physical assets	6,840 5,750 1,262,977	8,350 6,608 1,430,349	8,350 6,608 1,662,172
Total non-current assets	1,275,567	1,445,307	1,677,130
Total assets	1,357,332	1,485,348	1,703,030
LIABILITIES Current Liabilities Accounts payable Provision for repayment of surplus Provision for employee entitlements	42,540 - 32,950	95,649 - 32,950	95,649 - 32,950
Total current liabilities	75,490	128,599	128,599
Term liabilities Provision for employee entitlements	9,900	9,900	9,900
Total term liabilities	9,900	9,900	9,900
Total liabilities	85,390	138,499	138,499
TAXPAYERS' FUNDS General funds Revaluation reserves	1,271,704 238	1,257,940 88,909	1,475,622 88,909
Total taxpayers' funds	1,271,942	1,346,849	1,564,531
Total liabilities and taxpayers’ funds	1,357,332	1,485,348	1,703,030