ALIA annual report

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Finances: Statement of financial position | Statement of cashflows

Statement of financial position

	notes	2002 $	2001 $
Current assets
Cash assets	4,12	455420	512455
Short-term deposits	12	3127603	4595490
Receivables	5	106379	289130
Other	6	130900	61063
Total current assets		3820302	5458138

Non-current assets
Property, plant and equipment	7	2 105 372	2188528
Other	6	5195	10186
Total non-current assets		2 110567	2198714

Total assets		5930869	7656852

Current liabilities
Redeemable vouchers		2084268	2267498
Payables	8	558905	607533
Employee provisions		46427	51324
Other	9	204559	55183
Total current liabilities		2894159	2981538

Non-current liabilities
Secured loan	10	-	1300000
Employee provisions		40576	39869
Total non-current liabilities		40576	1339869

Total liabilities		2934735	4321407

Net assets		2996134	3335445

Members' funds
Accumulated funds	11a	2996134	3335445
Reserves	11b	-	-
Total members' funds		2996134	3335445

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

year ended 31 December 2002

	notes	2002 $	2001 $
Cashflows from operating activities
Receipts from members and customers		1991397	1935072
Payments to members, suppliers and employees		(2166778)	(2171780)
Interest received		127420	310540
Interest paid		(92353)	(117502)
Net cashflows from operating activities	12	(140314)	(43670)

Cashflows from investing activities
Payments for property, plant and equipment		(89631)	(14656)
Proceeds from sale of property, plant and equipment		5023	200

Cash flows from investing activities		(84608)	(14456)
Repayment of loan		(1300000)	-

Net cashflows from financing activities		(1300000)	-

Net (decrease)/increase in cash held		(1524922)	(58126)
Cash at beginning of financial year		5107945	5328671

Cash at end of financial year	12	3583023	5107945

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