Statement of financial position

As at 30 June 2005

	Notes	2005 $’000	2004 $’000
Assets
Current assets
Cash on hand and deposit accounts	8.1	66,652	69,694
Receivables	8.2	5,878	2,969
Other current assets	8.5	5,494	4,707
Total current assets		78,024	77,370
Non-current assets
Plant and equipment	8.3	6,474	6,775
Land and buildings	8.3	695,971	750,563
Library book stock	8.3	12,999	12,398
Heritage assets	8.3	12,139	2,418
Total non-current assets		727,583	772,154
Total assets		805,607	849,524
Liabilities
Current liabilities
Employee entitlements	9.1	24,452	29,187
Payables	9.2	5,711	5,220
Other current liabilities	9.3	1,300	5,520
Total current liabilities		31,463	39,927
Non-current liabilities
Employee entitlements	9.1	73,844	70,905
Total non-current liabilities		73,844	70,905
Total liabilities		105,307	110,832
Net assets		700,300	738,692
Equity	10
Reserves		1,021	4,212
Accumulated surplus		699,279	734,480
Total equity		700,300	738,692

The above Statement of Financial Position should be read in conjunction with the accompanying notes.