GRADUATESCHOOL.COM PTY LTD Statement of Financial Position For the year ended 31 December 2012
Note
2012 $
2011 $
ASSETS Current assets Cash and cash equivalents Receivables Inventories
3 -
94,722 10,037,011 408,783
3
10,540,516
-
44,477 22,559
Total non-current assets
-
67,036
Total assets
3
10,607,552
-
188,730 2,684,270 29,161
-
2,902,161
-
24,897
Total non-current liabilities
-
24,897
Total liabilities
-
2,927,058
Net assets
3
7,680,494
10 11 12
Total current assets Non-current assets Property, plant and equipment Intangible assets
13 14
LIABILITIES Current liabilities Trade and other payables Current tax liabilities Provisions
15 16 17
Total current liabilities Non-current liabilities Provisions
17
EQUITY Issued capital Retained Earnings
18 19
Total equity
The accompanying notes form part of these financial statements.
73 | THE UNIVERSITY OF NEWCASTLE
3 -
3 7,680,491
3
7,680,494