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Note 5: Financial assets

  2012 $’000 2011 $’000
All receivables are expected to be recovered in no more than 12 months.
Note 5a: Cash and cash equivalents
Cash on hand or on deposit 706 1,291
Total cash and cash equivalents 706 1,291
Note 5b: Trade and other receivables
Goods and services:
Goods and services – related entities 3,802 3,423
Goods and services – external parties 238 174
Total goods and services receivable 4,040 3,597
Appropriations receivable:
For existing programs 21,980 20,469
Total appropriations receivable 21,980 20,469
Other receivables:
GST receivable from the Australian Taxation Office 163 199
Incentive receivable 25 25
Total other receivables 188 224
Total trade and other receivables (gross) 26,208 24,290
Less: impairment allowance account - goods and services (6) (8)
Total trade and other receivables (net) 26,202 24,282
Receivables are aged as follows:
Not overdue 25,667 23,617
Overdue by:    
0 to 30 days 430 423
31 to 60 days 49 84
61 to 90 days 8 52
More than 90 days 54 114
  541 673
Total receivables (gross) 26,208 24,290
The impairment allowance account is aged as follows:
Overdue by:
more than 90 days (6) (8)
Total impairment allowance account (6) (8)
Reconciliation of impairment allowance account
Opening balance (8) (12)
Amounts written-off 5 5
Amounts recovered and reversed 2 7
(Increase) / decrease recognised in net surplus (5) (8)
Closing balance (6) (8)
Last reviewed: 
11 May 2018