Statement of Financial Position
Statement of Financial Position Current Report Period (2018-19)
ROYAL AUSTRALIAN AIR FORCE WELFARE TRUST FUND
STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2019
|
Notes |
2019 $ |
2018 $ |
|
|---|---|---|---|
|
ASSETS |
|||
|
Financial assets |
|||
|
Cash and Cash Equivalents |
2,972,905 |
2,853,717 |
|
|
Loans and Other Receivables |
8,527,917 |
8,393,497 |
|
|
Total financial assets |
11,500,822 |
11,247,214 |
|
|
Non-financial assets |
|||
|
Intangibles |
- |
1,485 |
|
|
Total non-financial assets |
- |
1,485 |
|
|
Total assets |
11,500,822 |
11,248,699 |
|
|
LIABILITIES |
|||
|
Payables |
|||
|
Other payables |
21,824 |
17,295 |
|
|
Total payables |
21,824 |
17,295 |
|
|
Provisions |
|||
|
Employee Provisions |
27,993 |
19,965 |
|
|
Total provisions |
27,993 |
19,965 |
|
|
Total liabilities |
49,817 |
37,260 |
|
|
Net assets |
11,451,005 |
11,211,439 |
|
|
EQUITY |
|||
|
Retained surplus |
11,451,005 |
11,211,439 |
|
|
Total equity |
11,451,005 |
11,211,439 |
The above statement should be read in conjunction with the accompanying notes.
Visit
https://www.transparency.gov.au/annual-reports/royal-australian-air-force-welfare-trust-fund/reporting-year/2018-2019-45