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Balance sheet

As at 30th June 1997.

Consolidated Parent entity

1997

$

1996

$

1997

$

1996

$

CURRENT ASSETS
Cash 3,782,736 1,712,433 2,866,930 1,674,848
Receivables 5,080,995 3,370,327 3,184,574 3,305,120
Investments 21,694 21,694 21,694 21,694
Other 451,366 214,664 313,777 213,985
Total Current Assets 9,336,791 5,319,118 6,386,975 5,215,647
NON-CURRENT ASSETS
Receivables - - 3,246,442 761,797
Investments 10,083,247 10,060,000 10,186,849 10,166,849
Property, plant & equipment 12,624,250 7,413,020 6,860,040 7,188,283
Intangibles 10,866,623 10,419 - -
Other 651,684 881,151 310,576 369,489
Total Non-Current Assets 34,225,804 18,364,590 20,603,907 18,486,418
Total Assets 43,562,595 23,683,708 26,990,882 23,702,065
CURRENT LIABILITIES
Creditors & borrowings 16,190,685 769,819 893,834 681,950
Provisions 4,360,485 3,771,967 4,229,635 3,771,967
Total Current Liabilities 20,551,170 4,541,786 5,123,469 4,453,917
NON-CURRENT LIABILITIES
Creditors & borrowings 2,265,280 529,638 489,000 529,638
Provisions 716,467 494,176 716,467 494,176
Total Non-Current Liabilities 2,981,747 1,023,814 1,205,467 1,023,814
Total Liabilities 23,532,917 5,565,600 6,328,936 5,477,731
Net Assets 20,029,678 18,118,108 20,661,946 18,224,334
SHAREHOLDERS' EQUITY
Share capital 4,572,348 4,484,748 4,572,348 4,484,748
Reserves 9,244,073 8,488,681 9,186,394 8,485,594
Retained profits 6,213,257 5,144,679 6,903,204 5,253,992
Shareholders' equity attributable to members of the parent entity 20,029,678 18,118,108 20,661,946 18,224,334
Total Shareholders' Equity 20,029,678 18,118,108 20,661,946 18,224,334

Complete consolidated financial statements and financial statements of the Company are available in the Financial Report - 1997.


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