Statement of Financial Position
as at 30 June 2019
|
2019 |
2018 |
Original Budget |
|||
|---|---|---|---|---|---|
|
Notes |
$ |
$ |
$ |
||
|
ASSETS |
|||||
|
Financial assets |
|||||
|
Cash and Cash Equivalents |
49,733 |
48,928 |
47,000 |
||
|
Trade and Other Receivables |
3,947,594 |
3,668,188 |
3,398,000 |
||
|
Total financial assets |
3,997,327 |
3,717,116 |
3,445,000 |
||
|
Non-financial assets |
|||||
|
Prepayments* |
215,864 |
213,118 |
215,000 |
||
|
Total non-financial assets |
215,864 |
213,118 |
215,000 |
||
|
Total assets |
4,213,191 |
3,930,234 |
3,660,000 |
||
|
LIABILITIES |
|||||
|
Payables |
|||||
|
Suppliers |
76,394 |
27 |
1,000 |
||
|
Other Payables |
625 |
743 |
1,000 |
||
|
Total payables |
77,019 |
770 |
2,000 |
||
|
Total liabilities |
77,019 |
770 |
2,000 |
||
|
Net assets |
4,136,172 |
3,929,464 |
3,658,000 |
||
|
EQUITY |
|||||
|
Contributed equity |
81,000 |
81,000 |
146,000 |
||
|
Retained surplus |
4,055,172 |
3,848,464 |
3,512,000 |
||
|
Total equity |
4,136,172 |
3,929,464 |
3,658,000 |
*No indicators of impairment were found for other non-financial assets.
The above statement should be read in conjunction with the accompanying notes.
Visit
https://www.transparency.gov.au/annual-reports/national-competition-council/reporting-year/2018-2019-31