2000 Annual Report - Heron Resources Limited
2000 Annual Report - Heron Resources Limited
2000 Annual Report - Heron Resources Limited
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5.0 Continued<br />
Financial Statements<br />
BALANCE SHEET<br />
AT 30 JUNE <strong>2000</strong><br />
Economic Entity<br />
Parent Entity<br />
Notes <strong>2000</strong> 1999 <strong>2000</strong> 1999<br />
$ $ $ $<br />
CURRENT ASSETS<br />
Cash 3,925,296 1,286,067 3,925,286 1,286,067<br />
Receivables 5 6,661 4,289 6,661 4,289<br />
TOTAL CURRENT ASSETS 3,931,957 1,290,356 3,931,947 1,290,356<br />
NON-CURRENT ASSETS<br />
Receivables 6 - - 363,346 -<br />
Investments 7 - - 10 -<br />
Property, plant and equipment 8 117,632 166,135 117,632 166,135<br />
Exploration and evaluation costs carried forward 9 10,263,600 7,681,825 9,900,254 7,681,825<br />
TOTAL NON-CURRENT ASSETS 10,381,232 7,847,960 10,381,242 7,847,960<br />
TOTAL ASSETS 14,313,189 9,138,316 14,313,189 9,138,316<br />
CURRENT LIABILITIES<br />
Accounts payable 10 172,323 14,614 172,323 14,614<br />
Provisions 11 77,769 64,469 77,769 64,469<br />
TOTAL CURRENT LIABILITIES 250,092 79,083 250,092 79,083<br />
TOTAL LIABILITIES 250,092 79,083 250,092 79,083<br />
NET ASSETS 14,063,097 9,059,233 14,063,097 9,059,233<br />
SHAREHOLDERS’ EQUITY<br />
Share capital 12 21,369,501 15,830,001 21,369,501 15,830,001<br />
Accumulated losses (7,306,404) (6,770,768) (7,306,404) (6,770,768)<br />
TOTAL SHAREHOLDERS’ EQUITY 14,063,097 9,059,233 14,063,097 9,059,233<br />
The accompanying notes form part of these financial statements<br />
page 46 <strong>Heron</strong> <strong>Resources</strong> NL <strong>Annual</strong> <strong>Report</strong> <strong>2000</strong>
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