Page 44 - Bauxite Resources Annual Report 2014

42 | Bauxite Resources Annual Report 2014
STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2014
Statement of Financial Position
at 30 June 2014
Annual Report 2014 Bauxite Resources 42
Notes Consolidated Group
2014 2013 2012
$ $ $
(Restated) (Restated)
CURRENT ASSETS
Cash and cash equivalents 7 40,935,260 43,486,003 47,952,158
Trade and other receivables 8 984,754 2,266,885 1,698,425
TOTAL CURRENT ASSETS 41,920,014 45,752,888 49,650,583
NON CURRENT ASSETS
Other financial assets 9 360,358 427,928 673,644
Property, plant and equipment 10 5,117,596 5,899,606 7,445,129
Intangible assets 11 - - -
TOTAL NON CURRENT ASSETS 5,477,954 6,327,534 8,118,773
TOTAL ASSETS 47,397,968 52,080,422 57,769,356
CURRENT LIABILITIES
Trade and other payables 12a 259,421 269,093 477,577
Provisions 12b 72,252 81,074 81,468
TOTAL CURRENT LIABILITIES 331,673 350,167 559,045
TOTAL LIABILITIES 331,673 350,167 559,045
NET ASSETS 47,066,295 51,730,255 57,210,311
EQUITY
Contributed equity 13 87,651,716 87,872,818 88,111,698
Reserves 14(a) 580,953 469,219 983,691
Retained earnings / (accumulated losses) 14(b) (41,166,374) (36,611,782) (31,885,078)
TOTAL EQUITY 47,066,295 51,730,255 57,210,311
The above statements should be read in conjunction with the notes to the financial statements.