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Notes to the Financial Statements. Note 5

For the 2018-2019 Financial year:

Wreck Bay Aboriginal Community Council

ABN: 62 564 797 956

Notes to and forming part of the financial statements

for the period ended 30 June 2019

5.1A: Aggregate Assets and Liabilities

2019

2018

$

$

Assets are expected to be recovered in:

No more than 12 months

549,091

404,919

More than 12

-

-

Total Assets

549,091

404,919

Liabilities expected to be settled in:

No more than 12 months

486,334

374,586

More than 12

263,347

308,166

Total Liabilities

749,681

682,752