Page 25 - Directors' report and accounts 2019-20

22
Notes to and forming part of the Consolidated Financial Statements for the year ended 30 June 2020
B4 Trade and Other Payables
Current
Trade payables
Other payables
GST payable Employee benefit payables
Lease incentive liability
B5 Cash Cash and Cash Cash Equivalents
Consolidated $$
2020
2019
868 521 1
1
480 221 197 938 1
1
398 010 - 3 944 690
911 325 675 316 313 793
1
1
1
821 615 185 170 3 907 219
For cash-flow statement presentation purposes cash cash cash includes cash cash cash on on hand deposits held at at at call with financial institutions and other short-term highly liquid investments with original maturities of three months or or or less that are readily convertible to known amounts of cash Group’s Equity and Reserves
This section details our our our equity balances and reserves including our our our commitment to our our our members through dividends C1 Member's Guarantee
The The company is is limited by guarantee Therefore there is is no contributed equity If the the company is is wound up the the articles of association state that each member is is required to contribute a a a a a a a a maximum of of of $1 towards meeting any any outstanding obligations of of of the the company At 30 June 2020
the the number of of of members was 1
1
1
589 (2019: 1
1
1
572) Under Paragraph 56 of the the company's constitution dividends may be be declared to to members in respect to to their shareholding Dividend entitlements reside with the the owners of Subway restaurants and are are referrable to the the number of restaurants held C2 Reserves
The foreign foreign currency translation translation reserve is used to record exchange differences
on on on translation translation of foreign foreign controlled subsidiaries Amounts are reclassified to profit or loss when the investment is is disposed of of