FINANCIAL POSITION
For the year ending 30 June
Note 2022 2021 $ $
Current Assets |
|
|
|
|
Cash & cash equivalents |
3 |
|
8,171,057 |
7,652,080 |
Trade and other receivables 4 748,996 643,092 Inventories 5 - 24,596 Other current assets 6 336,785 130,873
Total current assets 9,256,838 8,450,641
Non-Current Assets |
|
|
|
|
Property , Plant & Equipment |
7 |
|
2,282,370 |
2,094,362 |
Intangibles 8 53,086 53,086
Total non-current assets 2,335,456 2,147,448
Total assets 11,592,294 10,598,089
Current liabilities |
|
|
|
|
Trade and other payables |
9 |
|
417,304 |
391,661 |
Employee benefit liabilities |
10 |
|
111,739 |
248,149 |
Revenue received in advance 110,012 13,727 Other current liabilities
Total current assets 639,055 653,537
Non-Current Liabilities |
|
|
|
|
Employee benefit liabilities |
10 |
|
50,825 |
38,637 |
Total non-current liabilities 50,825 38,637
Total liabilties 689,881 692,174
Net assets 10,902,414 9,905,915
Equity
Accumulated Surplus 10,902,414 9,905,915
Total equity 10,902,414 9,905,915
20
2021 / 22 ABA ANNUAL REPORT