Notes to the Financial Statements
For the Eight Months Ended 31 March 2014
15. Provisions
Eight Months Ended Twelve Months Ended
31 March 2014
31 July 2013
$
$
Current
Provision for Holiday Pay
145,088
106,622
Provision for Long Service Leave
15,382
23,275
160,470
129,897
Non-Current
Provision for Long Service Leave
55,873
40,066
Total Provisions
216,343
169,963
16. Amounts In Trust
Eight Months Ended Twelve Months Ended
31 March 2014
31 July 2013
$
$
Member Affiliation Fees and Journals
78,805
61,853
Member Insurances
20,275
23,725
Charitable Funds
48,859
30,501
Junior Development and Ray Doherty Scholarship
42,482
40,199
Other
21,342
18,988
211,763
175,266
17. Cash Flow Information
Eight Months Ended Twelve Months Ended
31 March 2014
$
Reconciliation of Cash
Cash at the end of the period as shown in the statement
of cash flows is reconciled to the related items in the
balance sheet as follows:
31 July 2013
$
Cash at Bank and On Hand
1,341,743
1,341,743
328,698
328,698
Reconciliation between the Operating Surplus &
the Net Cash provided by Operating Activities
Surplus from Ordinary Activities
Adjust for Non-Cash Item Depreciation
(Profit)/Loss on Disposal of Plant and Equipment
392,176
396,699
(3,181)
398,332
607,228
91,683
Movement in Asset & Liability Balances:
(Increase)/Decrease in Stock on Hand
63,776
(Increase)/Decrease in Trade and Other Receivables
(46,345)
(Increase)/Decrease in Prepayments
17,212
Increase/(Decrease) in Trade and Other Payables
133,148
Increase/(Decrease) in Clubhouse Development Payables
-
Increase/(Decrease) in Employee Provisions
46,380
Increase/(Decrease) in Deferred Income
362,464
Increase/(Decrease) in Amounts in Trust
36,497
Net Cash from Operating Activities
1,398,826
32
(40,146)
83,207
(29,756)
(731,961)
688,131
(38,152)
(343,470)
22,219
707,315