STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2011 Note
2011
2010
$
$
Current Assets Cash and cash equivalents
1,740,083
1,723,671
Trade and other receivables
82,944
11,267
Inventory
25,303
59,265
332,077
768,945
2,180,407
2,563,148
94,947
128,168
Other current assets Total Current Assets Non-Current Assets Property, Plant & Equipment Intangible assets
2,314 97,261
128,168
2,277,668
2,691,316
567,125
970,128
Trade and other payables
398,619
502,948
Deferred income
265,681
143,110
1,231,425
1,616,186
Provisions
2,595
14,802
Total Non-Current Liabilities
2,595
14,802
Total Liabilities
1,234,020
1,630,988
Net Assets
1,043,648
1,060,328
1,043,648
1,060,328
Total Non-Current Assets Total Assets Current Liabilities
Provisions Total Current Liabilities Non-Current Liabilities
Accumulated Funds Retained surplus
The accompanying notes form part of these financial statements.
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