KU Financial Report
Balance Sheet
As at 31 December 2008
NOTE
2008 2007
$ $
Current Assets
Cash and cash equivalents 21(b) 16,148,516 14,104,293
Trade and other receivables 8 2,066,458 4,211,264
Other financial assets 9 6,512,103 7,951,665
Other 10 461,337 4,132
25,188,414 26,271,354
8,520,144 6,879,807
8,520,144 6,879,807
33,708,558 33,151,161
Total Current Assets
Non-Current Assets
Property, plant and equipment
11
Total Non-Current Assets
Total Assets
Current Liabilities
Trade and other payables 12 17,636,217 14,362,048
Provisions 13 5,230,502 5,089,911
22,866,719 19,451,959
1,482,183 1,037,097
1,482,183 1,037,097
24,348,902 20,489,056
9,359,656 12,662,105
Total Current Liabilities
Non-Current Liabilities
Provisions
13
Total Non-Current Liabilities
Total Liabilities
Net Assets
Equity
Retained earnings 14 7,347,893 10,403,915
Reserves 15 2,011,763 2,258,190
9,359,656 12,662,105
Total Equity
Notes to the financial statements are included on pages 24 to 39.
22
KU Children’s Services