16.10.2012
|
Notes |
2012 |
2011 |
|
|---|---|---|---|
|
ASSETS |
|||
|
Financial Assets |
|||
|
Cash and cash equivalents |
5A |
838,408 |
1,317,656 |
|
Trade and other receivables |
5B |
94,648 |
21,214 |
|
Total financial assets |
933,056 |
1,338,870 |
|
|
Non-Financial Assets |
|||
|
Property, plant & equipment |
6A,6B |
108,298 |
58,152 |
|
Other non-financial assets |
6C |
138,891 |
143,679 |
|
Total non-financial assets |
247,189 |
201,831 |
|
|
Total Assets |
1,180,245 |
1,540,701 |
|
|
LIABILITIES |
|||
|
Payables |
|||
|
Suppliers |
7A |
21,084 |
46,199 |
|
Other payables |
7B |
245,285 |
229,566 |
|
Total payables |
266,369 |
275,765 |
|
|
Provisions |
|||
|
Employee provisions |
8A |
436,777 |
303,088 |
|
Other provisions |
8B |
– |
109,842 |
|
Lease Provision |
8C |
162,005 |
786,386 |
|
Total provisions |
598,782 |
1,199,316 |
|
|
Total Liabilities |
865,150 |
1,475,081 |
|
|
Net Assets |
315,094 |
65,620 |
|
|
EQUITY |
|||
|
Contributed equity |
70,000 |
– |
|
|
Reserves |
131,717 |
135,427 |
|
|
Retained surplus (accumulated deficit) |
113,377 |
(69,807) |
|
|
315,094 |
65,620 |
||
|
Total Equity |
315,094 |
65,620 |
|
The above statement should be read in conjunction with the accompanying notes