Go to top of page

STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2020

Notes

2020

$

2019

$

ASSETS

Financial Assets

Cash and Cash Equivalents

2.1a

2,112,733

1,805,11

Loans and Other Receivables

2.1b

3,606,351

3,374,164

Total financial assets

5,719,084

5,552,275

Non-Financial Assets

Intangibles

2.2a

28,427

-

Total non-financial assets

28,427

-

Total assets

5,747,511

5,552,275

LIABILITIES

Payables

Suppliers

2.3a

23,413

20,570

Total Payables

23,413

20,570

Total Liabilities

23,413

20,570

Net assets

5,724,098

5,531,705

EQUITY

Retained surplus

5,724,098

5,531,705

Total equity

5,724,098

5,531,705

The above statement should be read in conjunction with accompanying notes