2002-03 Annual R eport 2002-03 Annual R eport - Australian Sports ...

CRICKET AUSTRALIA (FORMERLY AUSTRALIAN CRICKET BOARD)
(COMPANY LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2003
57
Notes 2003 2002
$ $
CURRENT ASSETS
Cash 2 2,380,938 239,242
Receivables 3 9,067,871 1,967,980
Inventories 4 47,894 111,877
Investments 5 22,021,664 24,095,170
Other 6 2,362,712 2,541,905
Total current assets 35,881,079 28,956,174
NON-CURRENT ASSETS
Receivables 7 9,158,388 50,000
Property, plant and equipment 8 7,684,205 7,720,507
Total non-current assets 16,842,593 7,770,507
TOTAL ASSETS 52,723,672 36,726,681
CURRENT LIABILITIES
Payables 9 4,011,941 4,428,240
Provisions 10 849,315 568,024
Other 11 8,009,022 10,722,887
Total current liabilities 12,870,278 15,719,151
NON-CURRENT LIABILITIES
Provisions 12 2,775,096 2,138,441
Other 13 9,158,388 2,546,415
Total non-current liabilities 11,933,484 4,684,856
TOTAL LIABILITIES 24,803,762 20,404,007
NET ASSETS 27,919,910 16,322,674
MEMBERS' FUNDS
Australian Youth Cricket Foundation Fund 14 8,936,968 8,936,968
General reserves 15 904,590 904,590
Accumulated funds 16 18,078,352 6,481,116
TOTAL MEMBERS' FUNDS 27,919,910 16,322,674
Contingent liabilities 17