annual report - City of Bayswater

Balance Sheet
as at 30 June 2009
Main Entity
Consolidated
Note 08/09 07/08 08/09 07/08
Current Assets
Cash and Cash Equivalents 5 24,955,641 18,698,118 26,236,329 19,914,831
Trade and Other Receivables 6 10,251,081 4,583,416 10,323,725 4,637,648
Inventory 7 76,987 86,316 76,987 86,316
Other 80,330 112,678 80,330 112,678
Total Current Assets $35,364,039 $23,480,528 $36,717,371 $24,751,473
Current Liabilities
Trade and Other Payables 11 3,668,905 4,641,372 3,907,222 4,835,636
Provisions 11 3,163,764 3,056,715 3,554,259 3,461,718
Borrowings - Current Portion 12 409,151 392,842 409,151 392,843
Total Current Liabilities $7,241,820 $8,090,929 $7,870,632 $8,690,197
Net Current Assets $28,122,219 $15,389,599 $28,846,739 $16,061,276
Non-Current Assets
Trade and Other Receivables 6 942,517 994,828 942,517 994,828
Property plant & equipment 8 66,672,416 66,750,589 67,022,273 67,099,946
Infrastructure 9 94,547,582 104,300,189 94,547,582 104,300,189
Investments 10 9,105,568 8,608,000 9,105,568 8,608,000
Total Non-Current Assets $171,268,083 $180,653,606 $171,617,940 $181,002,963
Non-Current Liabilities
Trade and Other Payables 11 41,914 55,343 41,914 55,343
Provisions 11 168,436 199,505 204,973 223,188
Borrowings - Non-current Portion 12 3,232,163 3,641,915 3,232,163 3,641,915
Other 13 16,010,133 13,358,331 16,010,133 13,358,331
Total Non-Current Liabilities $19,452,646 $17,255,094 $19,489,183 $17,278,777
Net Assets $179,937,656 $178,788,111 $180,975,496 $179,785,462
Accumulated surplus $160,611,535 $162,799,763 $160,895,868 $163,128,510
Reserves - Cash Backed 14 $13,691,297 $10,353,524 $14,444,804 $11,022,128
Reserves - Asset Revaluation $5,634,824 $5,634,824 $5,634,824 $5,634,824
Total Equity $179,937,656 $178,788,111 $180,975,496 $179,785,462
36 city of bayswater annual report 2008-09