Overall Financial Position
The Fund’s Audited Financial Statements, including the independent Audit Report, are at
Appendix A.
A comparison of the assets and liabilities for the Fund for the years ended 30 June 2020 and 30 June 2019 is as follows:
The Fund’s Assets | At 30 June 2020 $ | At 30 June 2019 $ |
Invested and Working Capital | 2,112,733 | 1,805,111 |
Loans and Other Receivables | 3,606,351 | 3,747,164 |
Intangibles | 28,427 | - |
Total Assets | 5,747,511 | 5,552,275 |
Supplier Payables | 23,413 | 20,570 |
Total Liabilities | 23,413 | 20,570 |
Net Assets | 5,724,098 | 5,531,705 |
Visit
https://www.transparency.gov.au/annual-reports/royal-australian-navy-relief-trust-fund/reporting-year/2019-20-6