QCWA Annual Report 2018-2019

The Queensland Country Women’s Association • Annual Report 2018–2019

The Queensland Country Women's Association

Notes to the Financial Statements For the Year Ended 30 June 2019

4 Cash and Cash Equivalents

2019 $

2018 $

16,576,817 11,369,000

Cash at bank

12,838,527 11,736,368

Term deposits held at State Office

-

Cash on hand

11,608

Total Cash and Cash Equivalents

27,945,817

24,586,503

Restricted cash refers to monies held for a specific purpose and therefore is not considered by the Association to be funds readily available for immediate or general business use. These are detailed below. 2019 $ 2018 $ Restricted funds 1,662,115 2,024,290 Designated funds 11,088,063 9,749,181 Division and branch cash on hand 10,381,095 10,232,521 Public Rural Crisis Fund cash 1,184,186 397,680 State Office entity cash on hand 3,630,358 2,182,831 Total Cash and Cash Equivalents 27,945,817 24,586,503

5

Other Current Assets

2019 $

2018 $

806,026 806,026

571,129

Other assets

571,129

FINANCIAL

14

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