Australian Public Service Commission
Notes to and forming part of the financial statements

for the year ended 30 June 2005

Note 7: Financial assets

	2005$’000	2004$’000
7a Cash
Cash at bank	859	610
Cash on hand	5	2
Total cash	864	612
7b Receivables
Goods and services	2,684	2,472
Less: Provision for doubtful debts	(1)	(10)
	2,683	2,462
GST receivable from the Australian Taxation Office	-	124
Monies held in the Official Public Account	5,800	4,070
Total receivables (net)	8,483	6,656
All receivables are current assets.
Goods and services receivables (gross) are aged as follows:
Not overdue	2,284	1,872
Overdue by:
less than 30 days	321	403
30 and 60 days	48	185
60 and 90 days	22	12
more than 90 days	9	-
	400	600
Total goods and services receivables (gross)	2,684	2,472
The provision for doubtful debts is aged as follows:
Overdue by:
60 and 90 days	(1)	(10)
Total provision for doubtful debts	(1)	(10)
7c Other financial assets
Advances	20	20
Total other financial assets	20	20
All other financial assets are current assets.