STATEMENT
OF FINANCIAL
POSITION
Audited accounts as at 31 December 2012
MELBOURNE INTERNATIONAL
FESTIVAL OF THE ARTS LIMITED
(Limited by Guarantee)
A.B.N. 41 058 535 863
2012
2011
$
$
Cash and cash equivalents
1,257,707
1,182,318
Trade and other receivables
286,607
370,162
Financial assets
150,000
90,000
117,489
150,157
1,811,803
1,792,637
Property, plant and equipment
666,279
132,823
TOTAL NON-CURRENT ASSETS
666,279
132,823
2,478,082
1,925,460
Trade and other payables
701,517
417,528
Other liabilities
240,618
19,450
–
155,282
30,869
–
973,004
592,260
Other payables
–
14,467
Other liabilities
145,004
–
38,859
180,598
Borrowings
352,385
–
TOTAL NON-CURRENT LIABILITIES
536,248
195,065
1,509,252
787,325
968,830
1,138,135
Accumulated surplus
968,830
1,138,135
TOTAL EQUITY
968,830
1,138,135
CURRENT ASSETS
Other assets
TOTAL CURRENT ASSETS
NON-CURRENT ASSETS
TOTAL ASSETS
CURRENT LIABILITIES
Short term provisions
Borrowings
TOTAL CURRENT LIABILITIES
NON-CURRENT LIABILITIES
Long-term provisions
TOTAL LIABILITIES
NET ASSETS
EQUITY
27