FINANCIALS 2018
Statement of Financial Position
as at 31 December 2018
Note
2018 2017
$ $
21 (b) 54,665,881 35,256,075
22 - 22,000,000
Trade and other receivables 6 619,449 1,584,043
Other assets 7 993,258 1,274,346
56,278,588 60,114,464
Assets
Current assets
Cash and cash equivalents
Term deposits
Total current assets
Non-current assets
Property, plant and equipment 8 19,792,523 15,578,270
Intangible assets 9 963,848 1,022,404
Total non-current assets 20,756,371 16,600,674
Total assets 77,034,959 76,715,138
Liabilities
Current liabilities
Trade and other payables 10 10,550,606 12,969,292
Finance leases 11 481,928 379,452
Unearned income 12 10,061,880 12,130,477
Provisions 13 16,724,942 14,881,044
37,819,356 40,360,265
2,390,123 2,388,272
2,390,123 2,388,272
Total liabilities 40,209,479 42,748,537
Net Assets 36,825,480 33,966,601
Total current liabilities
Total non-current liabilities
Non-current provisions
13
Total non-current liabilities
Equity
Retained Earnings
General funds 14 35,697,199 32,817,471
Fundraising reserve 15 1,128,281 1,149,130
Program reserve 16 - -
36,825,480 33,966,601
Total Retained Earnings
The Statement of Financial Position is to be read in conjunction with the notes.
9
KU
20
18