Report to the Community 2013 - Page 31

STATEMENT OF FINANCIAL POSITION For The Year Ended 31 December 2013 2013 2012 $ $ Cash and cash equivalents 314,845 1,257,707 Trade and other receivables 4,881,060 286,607 Financial assets 165,583 150,000 Other assets 278,651 117,489 TOTAL CURRENT ASSETS 5,640,139 1,811,803 Property, plant and equipment 1,194,091 666,279 Intangibles 74,933 - TOTAL NON-CURRENT ASSETS 1,269,024 66,279 TOTAL ASSETS 6,909,163 2,478,082 Trade and other payables 1,053,548 701,517 Other liabilities 4,500,168 240,618 Borrowings 32,773 30,869 TOTAL CURRENT LIABILITIES 5,586,489 973,004 Other liabilities 105,000 145,004 Long-term provisions 52,686 38,859 Borrowings 319,612 352,385 TOTAL NON-CURRENT LIABILITIES 477,298 536,248 TOTAL LIABILITIES 6,063,787 1,509,252 NET ASSETS 845,376 968,830 Accumulated surplus 845,376 968,830 TOTAL EQUITY 845,376 968,830 MELBOURNE INTERNATIONAL FESTIVAL OF THE ARTS LIMITED (Limited by Guarantee) A.B.N. 41 058 535 863 CURRENT ASSETS NON-CURRENT ASSETS CURRENT LIABILITIES EQUITY Fabulous Beast Dance Theatre – The Rite of Spring / Petrushka NON-CURRENT LIABILITIES 31