Page 19 - CGC_Annual_Report_2014
P. 19
Annual Report 2013-2014
Financial Report for the Year Ended 31 August 2014
STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2014
Note 2014 2013
$ $
ASSETS 682,095
166,462
CURRENT ASSETS 5 412,838 231,005
Cash and cash equivalents 6 120,590
Trade and other receivables 7 227,035 80,400
Inventories 8 104,011 1,159,962
Other current assets
864,474 68,915
TOTAL CURRENT ASSETS 4,806,053
4,874,968
NON-CURRENT ASSETS 6 63,615 6,034,930
Trade receivables 9 5,266,184
Property, plant and equipment 668,154
TOTAL NON-CURRENT ASSETS 5,329,799 668,154
TOTAL ASSETS 6,194,273
39,999
LIABILITIES 39,999
708,153
CURRENT LIABILITIES 10 790,368 5,326,777
Trade and other payables 790,368
TOTAL CURRENT LIABILITIES 5,326,777
NON-CURRENT LIABILITIES 10 51,502
Other payables 51,502
TOTAL NON-CURRENT LIABILITIES
TOTAL LIABILITIES 841,870
NET ASSETS 5,352,403
MEMBERS’ FUNDS 11 5,352,403
Accumulated funds
The accompanying notes form part of these financial statements.
6_0700 Page 2 of 22
Financial Report for the Year Ended 31 August 2014
STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2014
Note 2014 2013
$ $
ASSETS 682,095
166,462
CURRENT ASSETS 5 412,838 231,005
Cash and cash equivalents 6 120,590
Trade and other receivables 7 227,035 80,400
Inventories 8 104,011 1,159,962
Other current assets
864,474 68,915
TOTAL CURRENT ASSETS 4,806,053
4,874,968
NON-CURRENT ASSETS 6 63,615 6,034,930
Trade receivables 9 5,266,184
Property, plant and equipment 668,154
TOTAL NON-CURRENT ASSETS 5,329,799 668,154
TOTAL ASSETS 6,194,273
39,999
LIABILITIES 39,999
708,153
CURRENT LIABILITIES 10 790,368 5,326,777
Trade and other payables 790,368
TOTAL CURRENT LIABILITIES 5,326,777
NON-CURRENT LIABILITIES 10 51,502
Other payables 51,502
TOTAL NON-CURRENT LIABILITIES
TOTAL LIABILITIES 841,870
NET ASSETS 5,352,403
MEMBERS’ FUNDS 11 5,352,403
Accumulated funds
The accompanying notes form part of these financial statements.
6_0700 Page 2 of 22
