Speech Pathology Australia Annual Report 2023

STATEMENT OF FINANCIAL POSITION

As at 31 December 2023

Notes 2023

2022

$

$

ASSETS CURRENT ASSETS Cash and cash equivalents

6 8 7

2,159,919 2,476,407

Accounts receivable and other debtors

110,909

164,470

Financial assets

3,372,269 3,259,164

Other current assets

13 262,901

420,643

Investment property - Held for sale

9

135,131

0

Total current assets

6,041,129 6,320,684

NON-CURRENT ASSETS Other non-current assets

13 62,497

62,495 143,310 101,315 35,455 148,611

Investment property

9

0

Property, plant and equipment

10 87,404 11 469,687 12 791,610

Intangible assets Right of use assets

Total non-current assets

1,411,198 491,186 7,452,327 6,811,870

Total assets

LIABILITIES CURRENT LIABILITIES Accounts and other payables

14 886,264 15 497,601

691,310 537,263 104,332 (12,567)

Employee provisions

Lease liabilities

285,847 (22,803)

Income tax payable/(refundable)

Other liabilities

16 2,566,703 2,357,992

Total current liabilities

4,213,612 3,678,330

NON-CURRENT LIABILITIES Employee provisions

15 122,886

122,886 48,347 171,233

Lease liabilities

528,481 651,367

Total non-current liabilities

Total liabilities

4,864,979 3,849,563 2,587,348 2,962,307

Net assets

Equity Retained surplus

2,587,348 2,962,307 2,587,348 2,962,307

Total equity

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

2023 Annual Report | Speech Pathology Australia 29