FINANCIALS 2019
Statement of Financial Position
as at 31 December 2019
Assets
Current assets
Note 2019 2018
$ $
Cash and cash equivalents 21 (b) 51,218,845 54,665,881
Trade and other receivables 6 729,866 619,449
Other assets 7 1,932,051 993,258
Total current assets 53,880,762 56,278,588
Non-current assets
Right-of-use assets 16 8,545,100 -
Property, plant and equipment 8 29,155,278 19,792,523
Intangible assets 9 1,365,630 963,848
Total non-current assets 39,066,008 20,756,371
Total assets 92,946,770 77,034,959
KU
20
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Liabilities
Current liabilities
Trade and other payables 10 16,627,684 10,550,606
Finance lease liabilities 11 (a) - 481,928
Lease liabilities 11 (b) 2,704,628 -
Unearned income 12 8,908,875 10,061,880
Provisions 13 16,701,688 16,724,942
Total current liabilities 44,942,875 37,819,356
Total non-current liabilities
Non-current provisions 13 3,490,164 2,390,123
Lease liabilities 11 (c) 6,888,968 -
Total non-current liabilities 10,379,132 2,390,123
Total liabilities 55,322,007 40,209,479
Net Assets 37,624,763 36,825,480
Equity
Retained Earnings
General funds 14 36,527,597 35,697,199
Fundraising reserve 15 1,097,166 1,128,281
Total Retained Earnings 37,624,763 36,825,480
The Statement of Financial Position is to be read in conjunction with the notes.
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