Page 99 - BWA Annual Report 2023

WESTERN AUSTRALIAN BASKETBALL FEDERATION (INC.)
Notes to the financial statements
for the year ended 31 December 2023
Note
There are no other commitments as at 2023 (2022: Nil).
Note 7 Events subsequent to reporting date
At time of preparation of this report, the Association has notified its intent to Basketball Australia of vacating the Perth Lynx
Licence to an interested party.
Other than the above, there has been no other matter or circumstance that has arisen after balance date that has significantly affected, or may significantly affect, the operations of the Association, the results of those operations, or the state of affairs of the Association in future financial periods.
Note 8 Contingent liabilities
There are no contingent liabilities as at 2023 (2022: Nil).
SECTION B. UNRECOGNISED ITEMS
This section of the notes includes other information that must be disclosed to comply with the accounting standards and other pronouncements, but that is not immediately related to individual line items in the financial statements.
6 Commitments
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