ANNUAL REPORT 2005 - MVCB - Murray Valley Citrus Board
ANNUAL REPORT 2005 - MVCB - Murray Valley Citrus Board
ANNUAL REPORT 2005 - MVCB - Murray Valley Citrus Board
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MURRAY VALLEY CITRUS BOARD<br />
STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE <strong>2005</strong><br />
NOTE <strong>2005</strong> 2004<br />
$ $<br />
CURRENT ASSETS<br />
Cash Assets 11 130,824 41,010<br />
Receivables 12 36,975 299,817<br />
Inventories 13 42,824 21,183<br />
Other Financial Assets 11 732,084 743,168<br />
Total Current Assets 942,707 1,105,177<br />
NON-CURRENT ASSETS<br />
Plant & Equipment 14 132,053 146,601<br />
Total Non-Current Assets 132,053 146,601<br />
TOTAL ASSETS 1,074,761 1,251,779<br />
CURRENT LIABILITIES<br />
Payables 15 106,882 124,382<br />
Employee Entitlements 16 86,662 60,488<br />
Total Current Liabilities 193,544 184,869<br />
NON-CURRENT LIABILITIES<br />
Employee Entitlements 16 5,204 15,475<br />
Total Non-Current Liabilities 5,204 15,475<br />
TOTAL LIABILITIES 198,748 200,344<br />
NET ASSETS 876,013 1,051,434<br />
EQUITY<br />
Reserve 17(b) 25,000 -<br />
Retained Profits 17(a) 851,013 1,051,434<br />
TOTAL EQUITY 17(c) 876,013 1,051,434<br />
The above statement of financial position should be read in conjunction with the accompanying notes.<br />
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