Statement of Financial Position

Assets and liabilities as at 30 June 2025.
Assets and liabilities	Notes	Actual 2024 ($000)	Actual 2025 ($000)	Unaudited budget 2025 ($000)	Unaudited forecast 2026 ($000)
Current assets
Cash and cash equivalents	-	$83,661	$49,240	$45,065	$45,065
Debtor Crown	11	$201,936	$243,437	$180,723	$283,651
Debtors and prepayments	11	$12,711	$11,382	$13,825	$14,050
Total current assets	-	$298,308	$304,059	$239,613	$297,766
Non-current assets
Prepayments	11	$395	$427	$50	$50
Property, plant and equipment	9	$48,192	$55,136	$78,804	$59,155
Intangible assets	10	$251,997	$224,111	$251,456	$220,083
Total non-current assets	-	$300,584	$279,674	$330,310	$279,288
Total assets	-	$598,892	$583,733	$569,923	$577,054
Current liabilities
Creditors and other payables	12	$35,621	$32,751	$48,656	$40,000
Surplus payable to the Crown	8	$24,534	$4,944	-	-
Employee entitlements	13	$56,349	$62,757	$52,070	$59,726
Derivative financial instruments	17	$2,029	$2,229	-	-
Total current liabilities	-	$118,533	$102,681	$100,726	$99,726
Non-current liabilities
Creditors and other payables	12	$484	$929	-	-
Employee entitlements	13	$25,190	$25,270	$24,100	$25,000
Provision for other liabilities	14	$706	$924	$500	$706
Derivative financial instruments	17	$10,207	$9,955	-	-
Total non-current liabilities	-	$36,587	$37,078	$24,600	$25,706
Total liabilities	-	$155,120	$139,759	$125,326	$125,432
Net assets	-	$443,772	$443,974	$444,597	$451,622
Equity
Taxpayers' funds	7	$443,772	$443,974	$444,597	$451,622
Total equity	-	$443,772	$443,974	$444,597	$451,622

The accompanying accounting policies and notes form part of these financial statements.

Explanations of major variances against budget are detailed in the relevant notes.