Investor Presentaiton
Department of Health
Notes to the financial statements
For the year ended on 30 June 2023
6.6
Contract liabilities
Current
Non-current
Total contract liabilities at end of period
Reconciliation of changes in contract liabilities
Opening balance
Additions
Revenue recognised in the reporting period
Total contract liabilities at end of period
2023
2022
$'000
$'000
114
74
114
74
2023
$'000
2022
$'000
74
67
114
74
(74)
(67)
114
74
The department's contract liabilities relate to licence and registration fees yet to be performed at the end of the reporting period. Typically, a contract payment is received
upfront for 12 months of continuing support services.
The department expects to satisfy the performance obligations unsatisfied at the end of the reporting period within the next 12 months.
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Significant issues Report on operations Agency performance Operational disclosures Key performance indicators Financial disclosures and compliance • AppendixView entire presentation