BUSHkids Annual Report 2019-20

ANNUAL REPORT 2019–2020

ROYAL QUEENSLAND BUSH CHILDREN'S HEALTH SCHEME ABN 43 824 927 762 STATEMENT OF FINANCIAL POSITION As at 30 June 2020

2020

2019

Note

$

$

CURRENT ASSETS Cash and cash equivalents Trade and other receivables

3,827,528 174,063

5,639,820 419,074 111,371 10,205,359

5 6 7 8 9

Inventories

93,178

Financial assets Other assets

10,029,190

192,854

65,272

TOTAL CURRENT ASSETS

14,316,813

16,440,896

NON-CURRENT ASSETS Property, plant and equipment

5,264,949

4,661,791

10

TOTAL NON-CURRENT ASSETS

5,264,949

4,661,791

TOTAL ASSETS

19,581,762

21,102,687

CURRENT LIABILITIES Trade and other payables

532,795 343,141 441,404 617,183

458,306 1,668,951 358,669

11 12 13 14

Contract liabilities

Provision for employee entitlements

TOPIC SECTION FINAN IALS STATEMENT OF FINANCIAL POSITION

Other liabilities

0

TOTAL CURRENT LIABILITIES

1,934,523

2,485,926

NON-CURRENT LIABILITIES Provision for employee entitlements

20,854

10,950

13

TOTAL NON-CURRENT LIABILITIES

20,854

10,950

TOTAL LIABILITIES

1,955,377

2,496,876

63

NET ASSETS

17,626,385

18,605,811

ACCUMULATED FUNDS

Retained Surplus

17,188,298

16,815,043 1,790,768

Asset Revaluation Reserve

438,087

15

TOTAL ACCUMULATED FUNDS

17,626,385

18,605,811

The above statement of financial position should be read in conjunction with the accompanying notes.