Page 41 - Bauxite Resources Annual Report 2013

Statement of Financial Position
at 30 June 2013
Notes Consolidated Group
2013
$
2012
$
CURRENT ASSETS
Cash and cash equivalents 7 43,881,153 48,031,090
Trade and other receivables 8 1,856,906 1,685,380
TOTAL CURRENT ASSETS 45,738,059 49,716,470
NON-CURRENT ASSETS
Other financial assets 9 480,043 703,643
Property, plant and equipment 10 5,981,261 7,505,259
Intangible assets 11 - -
TOTAL NON-CURRENT ASSETS 6,461,303 8,208,903
TOTAL ASSETS 52,199,363 57,925,373
CURRENT LIABILITIES
Trade and other payables 12a 419,446 622,035
Provisions 12b 111,469 93,027
TOTAL CURRENT LIABILITIES 530,915 715,062
TOTAL LIABILITIES 530,915 715,062
NET ASSETS 51,668,448 57,210,311
EQUITY
Contributed equity 13 87,872,818 88,111,698
Reserves 14(a) 469,219 983,691
Retained earnings / (accumulated losses) 14(b) (36,673,589) (31,885,078)
TOTAL EQUITY 51,668,448 57,210,311
The above statements should be read in conjunction with the notes to the financial statements.
Annual Report 2013 Bauxite Resources 39