FINANCIALS
Statement of Financial Position
as at 31 December 2017
Note
2017 2016
$ $
21 (b) 35,256,075 38,770,776
22 22,000,000 15,000,000
Trade and other receivables 6 1,584,043 1,306,485
Other assets 7 1,274,346 907,457
60,114,464 55,984,718
Assets
Current assets
Cash and cash equivalents
Term deposits
Total current assets
Non-current assets
Property, plant and equipment 8 15,578,270 13,027,124
Intangible assets 9 1,022,404 892,798
Total non-current assets 16,600,674 13,919,922
Total assets 76,715,138 69,904,640
Liabilities
Current liabilities
Trade and other payables 10 12,969,292 12,791,896
Finance leases 11 379,452 535,252
Unearned income 12 12,130,477 12,534,747
Provisions 13 14,881,044 12,705,383
40,360,265 38,567,278
2,388,272 3,108,841
2,388,272 3,108,841
Total liabilities 42,748,537 41,676,119
Net Assets 33,966,601 28,228,521
Total current liabilities
Total non-current liabilities
Non current provisions
13
Total non-current liabilities
Equity
Retained Earnings
General funds 14 32,817,471 25,898,504
Fundraising reserve 15 1,149,130 1,213,017
Program reserve 16 - 1,117,000
33,966,601 28,228,521
Total Retained Earnings
The Statement of Financial Position is to be read in conjunction with the notes.
9
KU
20
17