Balance Sheet as at 30 June 2000

 

2000

 

1999

 

         

 

_______

_______

_______

_______

 

$

 

$

 

EQUITY

 

 

 

 

Retained Earnings

649,540

 

641,645

 

 

_______

 

_______

 

Total Equity

 

649,540

 

641,645

 

 

 

 

 

CURRENT LIABILITIES

 

 

 

 

Sundry Creditors & Accruals

363,121

 

231,063

 

Audit Fee

6,200

 

7,000

 

Prov.for Recreation Leave

92,810

 

76,968

 

Receipts in Advance

-

 

21,350

 
 

_______

 

_______

 

TOTAL CURRENT LIABILITIES

 

462,131

 

336,381

 

 

 

 

 

NON-CURRENT LIABILITIES

 

 

 

 

Prov. for Long Service Leave

228,051

 

155,474

 

Lease Incentive Liability

117,738

     

 

_______

 

_______

 

TOTAL NON-CURRENT LIABILITIES

 

345,789

 

155,474

 

 

_______

 

_______

 

 

 

 

 

TOTAL EQUITY AND LIABILITIES

 

1,457,460

 

1,133,500

 

 

_______

 

_______

 

 

 

 

 

CURRENT ASSETS/P>

 

 

 

 

Cash at Bank & on Hand

5,511

 

24,567

 

Sundry Debtors & Accruals

23,114

 

8,570

 

Investments

692,640

 

477,862

 

Payments in Advance

38,380

 

58,265

 

 

_______

 

_______

 

TOTAL CURRENT ASSETS

 

759,645

 

569,264

 

 

 

 

 

NON-CURRENT ASSETS

 

 

 

 

Furniture & Equipment

230,006

 

244,476

 

Motor Vehicles

71,223

 

63,651

 

Leasehold Improvements

320,667

 

-

 

Imaging System Equipment

8,811

 

57,858

 

System Software Development and Installation costs

67,108

 

198,251

 

 

_______

 

_______

 

TOTAL NON-CURRENT ASSETS

 

697,815

 

564,236

 

 

_______

 

_______

 

 

 

 

 

TOTAL ASSETS:

 

1,457,460

 

1,133,500

 

 

_______

 

_______