Annual report FINAL low res 2016

Statement of financial position As at 31 December 2016

Notes

2016

2015

$

$

Assets Current Cash and cash equivalents Trade and other receivables

6 7

4,111,954

4,130,105

104,850

15,186

Income tax receivable

-

8,451

Other assets Current assets

10

195,578

195,315

4,412,382

4,349,057

Non-current Trade and other receivables

7 8 9

-

-

Investment property

316,348 334,465 650,813

316,348 330,144 646,492

Property, plant and equipment

Non-current assets

Total assets

5,063,195

4,995,549

Liabilities Current Trade and other payables

11

376,652 287,015 29,408

376,710 319,492

Provisions Income tax

12.2

-

Other liabilities Current liabilities

13

1,663,161 2,356,236

1,865,109 2,561,311

Non-current Provisions

12.2

15,701 15,701

30,800 30,800

Non-current liabilities

Total liabilities

2,371,937

2,592,111

Net assets

2,691,258

2,403,438

Equity Retained earnings

2,691,258 2,691,258

2,403,438 2,403,438

Total equity

This statement should be read in conjunction with the notes to the financial statements.

Statement of changes in equity For the year ended 31 December 2016

Notes

Retained earnings

Total equity

$

$

Balance at 1 January 2015

2,427,860

2,427,860

Profit for the year

(24,422)

(24,422)

Other comprehensive income

-

-

Total comprehensive income for the year

2,403,438 2,403,438 2,403,438

2,403,438 2,403,438 2,403,438

Balance at 31 December 2015

Balance at 1 January 2016

Profit for the year

287,820

287,820

Other comprehensive income

-

-

Total comprehensive income for the year

287,820

287,820

2,691,258

2,691,258

Balance at 31 December 2016

This statement should be read in conjunction with the notes to the financial statements.

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2016 ANNUAL REPORT Speech Pathology Australia