FINANCIAL REPORT
11 . Lease Liabilities
( a ) Current liabilities - lease liabilities - right-of use-assets
2020 2019 $ $
Lease liability 2,800,950 2,704,628
( b ) Non-current liabilities - lease liabilities - right-of use-assets Lease liability 5,342,461 6,888,968
Total lease liabilities ( current and non-current ) are set out below :
Current 2,800,950 2,704,628 Non-current 5,342,461 6,888,968
8,143,411 9,593,596
Reconciliations Reconciliations of lease liabilities ( current and non-current ) at the beginning and end of the financial year are set out below :
Balance at beginning of year 9,593,596 - Adoption of AASB 16 on 1 January 2019 - 3,934,307 Additions 1,030,702 7,692,638 Repayment of lease liabilities ( 2,965,119 ) ( 2,513,826 ) Interest 484,232 480,477 Balance at end of year 8,143,411 9,593,596
12 . Unearned Income
2020 2019
$ $ Prepaid government funding 12,744,078 6,954,221 Prepaid special education income 1,986,922 1,954,654
14,731,000 8,908,875
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