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SAMPLE STATEMENT OF FINANCIAL POSITION

SAMPLE STATEMENT OF FINANCIAL POSITION STATEMENT of FINANCIAL POSITION 2009 2008 ASSETS Current Assets Cash at bank 31,391 88,900 Debtors 15,637 9,655 Funds on hand 21,307 6,899 Total Current Assets 68,335 105,454 Investment funds (Term deposits) 120,000 365,000 Land & Buildings 540,000 0 Office equipment (at cost) 32,813 27,637 Less provision for depreciation 22,938 17,688 Equipment - Written-down value 9,875 9,875 9,949 9,949 Total Fixed Assets 669,875 374,949 TOTAL ASSETS 738,210 480,403 LIABILITIES Long-term Debt 240,000 0 Creditors 5,484 2,484 Provision for Long Service Leave 60,208 56,810 Total Liabilities 305,692 59,294 Net Assets 432,518 421,109 GENERAL FUNDS Balance 1st July 421,109 386,673 Surplus for year 11,409 34,436 BALANCE 30th JUNE 432,518 421,109

SAMPLE STATEMENT OF FINANCIAL POSITION Statement of Financial Position 2009 2008 ASSETS Current Assets Cash at bank 31,391 88,900 Debtors 15,637 9,655 Funds on hand 21,307 6,899 Total Current Assets 68,335 105,454 Investment funds (Term deposits) 120,000 365,000 ...

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