Surfing Queensland 2013 Annual General Report 2013 | Page 25
2013 ($)
2012 ($)
CURRENT ASSETS
Cash at Bank 1,071,863
1,508,095
Receivables
143,301
681,367
Other
11,143
26,489
TOTAL CURRENT ASSETS 1,226,307
2,215,951
NON-CURRENT ASSETS
Property, plant and equipment
123,175
149,397
TOTAL NON-CURRENT ASSETS
123,175
149,397
TOTAL ASSETS
1,349,482 2,365,348
CURRENT LIABILITIES
Payables
47,063
143,051
Prepaid Income
215,850
1,256,597
Provisions
22,902
22,401
TOTAL CURRENT LIABILITIES
285,815
1,422,049
Employee Benefits
6,731
6,731
TOTAL NON-CURRENT LIABILITIES
6,731
6,731
TOTAL LIABILITIES
292,546
1,428,780
NET ASSETS
1,056,936
936,568
Retained profits
1,056,936
936,568
TOTAL EQUITY
1,056,936
936,568
NON-CURRENT LIABILITIES
EQUITY
SURFING QUEENSLAND ANNUAL REPORT 2013 – 25