Page 71 - BWA Annual Report 2019

WESTERN AUSTRALIAN BASKETBALL FEDERATION INC.
STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2019
CURRENT ASSETS
Cash and cash equivalents Trade and other receivables Inventories
Other current assets
TOTAL CURRENT ASSETS
NON-CURRENT ASSETS
Security Bond
Loans and advances
Property, plant and equipment Right of Use assets
TOTAL NON-CURRENT ASSETS TOTAL ASSETS
CURRENT LIABILITIES
Trade and other payables Lease Liabilities
Employee benefits Deferred Income
TOTAL CURRENT LIABILITIES
NON-CURRENT LIABILITIES
Lease Liabilities
Employee benefits
TOTAL NON-CURRENT LIABILITIES TOTAL LIABILITIES
NET ASSETS
EQUITY
Retained Earnings TOTAL EQUITY
The accompanying notes form part of these financial statements.
Note 2019 2018 $$
3 1,811,380 1,277,908 4 85,82 200,621 61,414 76,113 5 38,14 49,836 1,996,764 1,604,478
3 150,000 150,000 4 31,655 31,655 6 149,000 203,468 7 61,469 -
392,124 385,123 2,388,888 1,989,601
8 324,108 384,191
7 10,495 - 10 116,815 90,964 9 949,227 384,198 1,400,645 859,353
7 52,827 - 10 39,025 25,021 91,852 25,021 1,492,497 884,374
896,391 1,105,227
896,391 1,105,227
1,105,227
1,642,094
BWA ANNUAL REPORT 2019 64