ALIA annual report

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Statement of financial position

as at 31 December 2001

	notes	2001 $	2000 $
Current assets
Voucher fund investments	1(k)	2267498	2430098
Short-term deposits	12	2327992	2224140
Cash assets	4	512455	674433
Receivables	5	289130	191465
Inventories		-	2686
Other	6	61063	84292
Total current assets		5458138	5607114

Non-current assets
Property, plant and equipment	7	2188528	2314323
Other	6	10186	16177
Total non-current assets		2198714	2330500

Total assets		7656852	7937614

Current liabilities
Redeemable vouchers	1(k)	2267498	2430098
Payables	8	607533	601043
Provisions	1(e)	51324	38024
Other	9	55183	76459
Total current liabilities		2981538	3145624
Non-current liabilities
Secured loan	10	1300000	1300000
Provisions	1(e)	39869	38309
Total non-current liabilities		1339869	1338309
Total liabilities		4321407	4483933
Net assets		3335445	3453681

Members' funds
Accumulated funds	11(a)	3335445	3429096
Reserves	11(b)	-	24585
Total members' funds		3335445	3453681

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

year ended 31 December 2001

	notes	2001 $	2000 $
Cashflows from operating activities
Receipts from members and customers		1935072	2884770
Payments to members, suppliers and employees		(2171780)	(2408456)
Interest received		310540	198292
Interest paid		(117502)	(100096)
Net cashflows from operating activities	12	(43670)	574510

Cashflows from investing activities
Payments for property, plant and equipment		(14656)	(29874)
Proceeds from sale of property, plant and equipment		200	740
Net cashflows from investing activities		(14456)	(29134)

Net cashflow from financing activities
Repayment of lease liability		-	(13751)
Net cashflows from financing activities		-	(13751)

Net (decrease)/increase in cash held		(58126)	531625
Cash at beginning of financial year		2898573	2366948

Cash at end of financial year	12	2840447	2898573

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