BALANCE SHEET
AS AT 30 JUNE 2000
36
Note Consolidated Company
2000 1999 2000 1999
$$ $$
Current Assets
Cash 3,004,977 5,647,299 2,342,400 5,392,785
Receivables 7 3,430,073 4,325,815 76,382 76,382
Inventories 8 508,851 347,496 ––
Other 9 163,077 173,829 ––
Total Current Assets 7,106,978 10,494,439 2,418,782 5,469,167
Non Current Assets
Receivables 7 –– 4,181,976 1,580,792
Property, plant & equipment 10 24,434,964 19,372,420 ––
Investments 11 –– 2,444,611 2,444,611
Other 12 664,722 318,202 ––
Total Non Current Assets 25,099,686 19,690,622 6,626,587 4,025,403
Total Assets 32,206,664 30,185,061 9,045,369 9,494,570
Current Liabilities
Accounts payable 14 2,363,506 1,614,224 – 98,375
Borrowings 15 1,185,305 899,399 ––
Provisions 16 371,518 1,636,802 – 541,385
Total Current Liabilities 3,920,329 4,150,425 – 639,760
Non Current Liabilities
Borrowings 15 12,718,592 10,749,744 ––
Provisions 16 1,808,922 1,318,114 ––
Total Non Current Liabilities 14,527,514 12,067,858 ––
Total Liabilities 18,447,843 16,218,283 – 639,760
Net Assets 13,758,821 13,966,778 9,045,369 8,854,810
Equity
Issued Capital 17 8,820,000 8,820,000 8,820,000 8,820,000
Reserves 18 3,763,956 3,763,956 ––
Retained profits 1,174,865 1,382,822 225,369 34,810
Total Equity 13,758,821 13,966,778 9,045,369 8,854,810
The balance sheet should be read in conjunction with the accompanying notes on pages 21 to 42.