Page 83 - BWA Annual Report 2023

WESTERN AUSTRALIAN BASKETBALL FEDERATION (INC.)
Statement of financial position
as at 31 December 2023
Current assets
Cash and cash equivalents
Trade and other receivables
Financial assets Inventories
Other current assets
Total current assets
Non-current assets
Financial assets
Property, plant, and equipment Right of use asset
Total non-current assets
Total assets
Current liabilities
Trade and other payables
Deferred revenue
Leases Provisions
Total current liabilities
Non-current liabilities
Provisions
Leases
Total non-current liabilities
Total liabilities
Net assets
Equity
Retained earnings
Total equity
2023 2022
$$
2,987,356 246,394
2,949,400 161,888 5,750 181,883 80,307
- 96,635 153,792
3,484,177
3,379,228
-
17,265 174,936 26,345
110,364 14,637
125,001
218,546
3,609,178
3,597,774
496,141 1,065,215
555,786 1,116,815 11,904 219,730
6,392 237,626
1,805,374
1,904,235
73,829
17,663 18,569
33,957
107,786
36,232
1,913,160
1,940,467
1,696,018
1,657,307
-
-
1,657,307
1,696,018
1,696,018
1,657,307
The statement of financial position is to be read in conjunction with the accompanying notes.
Page|2
Note
4.1 4.2.1 4.3.1 5.1 4.4.1
4.3.2 5.2 5.3.1
4.5.1 4.6 5.3.2 5.4
5.4 5.3.2
1,678,803 1,696,018
1,474,993 1,657,307