Statement of Financial Position
as at 30 June 2020
Notes | 2020 $ | |
ASSETS | ||
Financial assets | ||
Cash and cash equivalents | 20,000 | |
Trade and other receivables | 1,256,442 | |
Total financial assets | 1,276,442 | |
Total assets | 1,276,442 | |
LIABILITIES | ||
Payables | ||
Suppliers | 80,818 | |
Other payables | 22,350 | |
Total payables | 103,168 | |
Provisions | ||
Employee provisions | 319,502 | |
Total provisions | 319,502 | |
Total liabilities | 422,670 | |
Net assets | 853,772 | |
EQUITY | ||
Accumulated Surplus | 853,772 | |
Total equity | 853,772 |
The above statement should be read in conjunction with the accompanying notes.
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https://www.transparency.gov.au/annual-reports/national-faster-rail-agency/reporting-year/2019-20-75