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Note 7.5 Administered Fair Value Measurement

Fair value measurements at the end of the reporting period

2020

2019

$

$

Financial assets

Cash on hand or on deposit

-

1,540,300

Total Financial assets

-

1,540,300

Financial liabilities

Trade creditors and accruals (approximate to fair value)

666,169

619,934

Total financial liabilities

666,169

619,934