Statement of Financial Position
Wreck Bay Aboriginal Community Council | ||||||
ABN: 62 564 797 956 | ||||||
Statement of Financial Position | ||||||
as at 30 June 2020 | ||||||
Note | 2020 | 2019 | ||||
ASSETS | $ | $ | ||||
Financial assets | ||||||
Cash and cash equivalents | 2.1A | 4,321,916 | 1,365,551 | |||
Trade and other receivables | 2.1B | 785,478 | 549,091 | |||
Other financial assets | 2.1C | 1,080,723 | 1,060,913 | |||
Total financial assets | 6,188,117 | 2,975,555 | ||||
Non-financial assets | ||||||
Land and buildings | 2.2A | 55,381,364 | 55,634,279 | |||
Infrastructure, plant & equipment | 2.2A | 414,407 | 369,877 | |||
Total non-financial assets | 55,795,771 | 56,004,156 | ||||
Total assets | 61,983,888 | 58,979,711 | ||||
LIABILITIES | ||||||
Payables | ||||||
Suppliers | 2.3A | 301,453 | 236,736 | |||
Other payables | 2.3B | 3,742,543 | 249,598 | |||
Total payables | 4,043,996 | 486,334 | ||||
Provisions | ||||||
Employee provisions | 3.1A | 296,312 | 263,347 | |||
Former employee provisions | 3.1B | 96,958 | 159,459 | |||
Total provisions | 393,270 | 422,806 | ||||
Total liabilities | 4,437,266 | 909,140 | ||||
Net assets | 57,546,622 | 58,070,571 | ||||
EQUITY | ||||||
Reserves | 32,309,832 | 32,309,832 | ||||
Retained surplus | 25,236,790 | 25,760,739 | ||||
Total equity | 57,546,622 | 58,070,571 | ||||
The above statement should be read in conjunction with the accompanying notes. | ||||||
Visit
https://www.transparency.gov.au/annual-reports/wreck-bay-aboriginal-community-council/reporting-year/2019-20-19