Page 10 - Bahamas Waste inside pages

STATEMENT OF FINANCIAL POSITION
(Expressed in Bahamian Dollars)
2018
2017
December 31
Assets
Current assets
Cash (Note 4)
Accounts receivable, net (Note 5) Inventories, net (Note 6)
Other assets (Note 7)
Total current assets
Non-current assets
Loan receivable (Note 8)
Investments in associates (Note 8)
Property, plant, and equipment, net (Note 9) Total non-current assets
Total assets
Liabilities and shareholders’ equity
Liabilities
Current liabilities
Accounts payable and accrued liabilities Value added tax payable
Total current liabilities
Non-current liabilities
Security deposits
Total liabilities
Shareholders’ equity
Share capital and contributed surplus (Note 10) Treasury shares reserve (Note 10)
Retained earnings
Total shareholders’ equity
Total liabilities and shareholders’ equity
See accompanying notes to financial statements.
Commitments and contingencies (Note 15)
Approved on behalf of the Board on March 29 , 2019 by:
Director
Director
$
1,249,239 2,352,377 758,133 533,646
4,893,395
135,398
100,980 6,594,331 6,830,709
$ 11,724,104
$
512,375 70,760
583,135
653,374
1,236,509
2,794,113 (675,649 )
8,369,131
10,487,595 $ 11,724,104
$ 1,210,575 2,322,879 719,069 248,975
4,501,498
151,167
160,214 6,489,944
6,801,325
$ 11,302,823
$ 461,899 47,414
509,313
614,928
1,124,241
2,794,113 (638,475)
8,022,944
10,178,582
$ 11,302,823
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BAHAMAS WASTE LIMITED ANNUAL REPORT 2018
BAHAMAS WASTE LIMITED