KU2021
Statement of Financial Position as at 31 December 2021
Assets Current assets
Note 2021
Restated 2020
$ $
Cash and cash equivalents |
21 ( b ) |
53,389,604 |
58,150,159 |
Term deposits |
22 |
500,000 |
5,500,000 |
Trade and other receivables |
6 |
464,495 |
454,215 |
Other assets |
7 |
1,425,022 |
1,883,161 |
Total current assets |
|
55,779,121 |
65,987,535 |
Non-current assets |
|
|
|
Right-of-use assets 16 5,123,369 6,708,409 Property , plant and equipment 8 39,399,278 32,711,330 Intangible assets 9 - - Total non-current assets 44,522,647 39,419,739 Total assets 100,301,768 105,407,274
Liabilities Current liabilities
Trade and other payables 10 14,654,215 16,617,950 Lease liabilities 11 ( a ) 2,521,485 2,800,950 Unearned income 12 16,236,791 14,731,000 Provisions 13 20,172,212 18,518,189 Total current liabilities 53,584,703 52,668,089
Non-current liabilities
Non current provisions 13 3,060,884 3,876,252 Lease liabilities 11 ( b ) 3,951,055 5,342,461 Total non-current liabilities 7,011,939 9,218,713 Total liabilities 60,596,642 61,886,802
Net Assets 39,705,126 43,520,472
Equity
Retained Earnings General funds 14 38,665,097 42,442,541 Fundraising reserve 15 1,040,029 1,077,931 Total Retained Earnings 39,705,126 43,520,472
The Statement of Financial Position is to be read in conjunction with the notes .
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