Page 72 - 2022 BWA ANNUAL REPORT

WESTERN AUSTRALIAN BASKETBALL FEDERATION INC.
Statement of financial position
as at 31 December 2022
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
2022 $
2021 $
2,949,400 161,888 5,750 181,883
3,581,888 53,972 5,750 55,976
80,307
128,376
3,379,228
3,825,962
28,765 152,314 38,053
17,265 174,936 26,345
218,546
219,132
3,597,774
4,045,094
555,785 1,116,815 11,904 219,730
310,285 1,253,593 11,904 197,456
1,904,234
1,773,238
17,663 18,569
64,128 29,746
36,232
93,874
1,940,466
1,867,112
1,657,308
2,177,982
-
1,657,308
-
2,177,982
1,657,308
2,177,982
The statement of financial position is to be read in conjunction with the accompanying notes.
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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
1,474,994 1,657,308
2,052,724 2,177,982