Statement of Financial Position
as at 30 June 2020
Actual
2020
$000
Budget
2020
$000
Actual
2019
$000
Accumulated funds
5,373
1,061
1,497
Total equity
5,373
1,061
1,497
Cash and cash equivalents
4,716
386
550
Term deposits
1,000
750
1,000
Notes
Equity
Current assets
Receivables
5
62
43
4
39
118
62
5,817
1,297
1,616
459
283
412
314
135
112
510
413
280
Total current liabilities
1,283
831
804
Working capital
4,534
466
812
Prepayments
Total current assets
Current liabilities
Payables
6
GST payable
Employee entitlements
7
Non-current assets
Property, plant and equipment
8
719
702
823
Intangible assets
9
232
-
-
951
702
823
Total non-current assets
Non-current liabilities
Payables
6
21
22
40
Employee entitlements
7
91
85
98
112
107
138
5,373
1,061
1,497
Total non-current liabilities
Net assets
Explanations of major variances against budget are provided in Note 17.
The accompanying notes form part of the financial statements.
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