Financial Report Yr Ending 3.. - SHARKIES | Cronulla Sutherland ...
Financial Report Yr Ending 3.. - SHARKIES | Cronulla Sutherland ...
Financial Report Yr Ending 3.. - SHARKIES | Cronulla Sutherland ...
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FINANCIAL REPORT FOR THE YEAR ENDED 31ST OCTOBER 2011<br />
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2011<br />
NOTE 10: TRADE AND OTHER PAYABLES<br />
GROUP<br />
LEAGUES CLUB<br />
2011 2010 2011 2010<br />
CURRENT $ $ $ $<br />
Trade payables 676,977 788,810 424,980 543,255<br />
Other payables 1,316,259 2,043,956 825,404 1,212,969<br />
Amount payable to wholly controlled entity - - - 400,160<br />
GST liability 508,774 918,247 277,354 497,146<br />
Annual leave 199,900 267,714 131,674 223,855<br />
2,701,910 4,018,727 1,659,412 2,877,385<br />
NOTE 11: INTEREST BEARING LIABILITIES<br />
GROUP<br />
LEAGUES CLUB<br />
2011 2010 2011 2010<br />
CURRENT $ $ $ $<br />
Unsecured<br />
Members deposits 101,824 128,210 101,824 128,210<br />
Secured<br />
Bank overdrafts - 1,288,782 - 1,059,910<br />
Bank loans - St George Bank Ltd 12,174,396 7,827,500 12,174,396 7,827,500<br />
Lease liabilities 354,061 388,835 316,663 346,522<br />
Total secured current financial liabilities 12,528,457 9,505,117 12,491,059 9,233,932<br />
Total current financial liabilities 12,630,281 9,633,327 12,592,883 9,362,142<br />
NON-CURRENT<br />
Secured<br />
Lease liabilities 272,260 644,612 229,885 555,0299<br />
Total secured non-current financial liabilities 272,260 644,612 229,885 555,029<br />
CRONULLA-SUTHERLAND LEAGUES CLUB LIMITED & CONTROLLED ENTITY ABN 54 000 202 826<br />
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