Financial Report Yr Ending 3.. - SHARKIES | Cronulla Sutherland ...

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FINANCIAL REPORT FOR THE YEAR ENDED 31ST OCTOBER 2011 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2011 NOTE 11: INTEREST BEARING LIABILITIES (Continued) The carrying amounts of assets pledged as security for current and non-current interest-bearing liabilities are: GROUP LEAGUES CLUB 2011 2010 2011 2010 CURRENT Note $ $ $ $ Floating charge Cash and cash equivalents 6 666,215 244,927 574,103 243,927 Receivables 7 773,248 825,301 798,669 509,078 Inventories 8 125,516 178,050 72,171 127,501 Total current assets pledged as security 1,564,979 1,248,278 1,444,943 880,506 NON-CURRENT First mortgage Freehold land 9 3,850,000 3,850,000 3,850,000 3,850,000 Buildings 24,738,646 25,322,026 13,810,116 14,125,786 28,588,646 29,172,026 17,660,116 17,975,786 Finance leases Plant and equipment 9 426,703 734,895 371,228 649,700 Floating charge Plant and equipment 9 2,243,926 2,607,700 1,258,356 1,439,743 Total non-current assets pledged as security 31,259,275 32,514,621 19,289,700 20,065,229 Total assets pledged as security 32,824,254 33,762,899 20,734,643 20,945,735 Total assets pledged as security Current 1,564,979 1,248,278 1,444,943 880,506 Non-current 31,259,275 32,514,621 19,289,700 20,065,229 32,824,254 33,762,899 20,734,643 20,945,735 24 CRONULLA-SUTHERLAND LEAGUES CLUB LIMITED & CONTROLLED ENTITY ABN 54 000 202 826
FINANCIAL REPORT FOR THE YEAR ENDED 31ST OCTOBER 2011 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2011 NOTE 12: PROVISIONS GROUP LEAGUES CLUB 2011 2010 2011 2010 CURRENT $ $ $ $ Provision for lucky members draw - 1,364 - 1,364 Provision for reward dollars - 34,229 - 34,229 Provision for long service leave 130,920 93,132 130,920 93,132 130,920 128,725 130,920 128,725 NON CURRENT Provision for long service leave 50,217 84,562 32,771 69,489 Non-current long service leave comprises amounts which are not vested at balance date and current long service leave represents the amount which is vested and the amount and timing of payments to be made when leave is taken is uncertain. GROUP LEAGUES CLUB Lucky Reward Lucky Reward Members Dollars Members Dollars Draw Draw CURRENT $ $ $ $ Balance at beginning of the year 1,364 34,229 1,364 34,229 Provisions made during the year 14,091 133,625 14,091 133,625 Provisions used during the year (15,455) (167,854) (15,455) (167,854) Balance at end of year - - - - Current - - - - Non-current - - - - - - - - Lucky Members Draw and Reward dollars are prizes available to all members attending the club. CRONULLA-SUTHERLAND LEAGUES CLUB LIMITED & CONTROLLED ENTITY ABN 54 000 202 826 25
Page 1 and 2: 2011 ANNUAL REPORT
Page 3 and 4: CHAIRMAN’S REPORT CONTINUED Footb
Page 5 and 6: FINANCIAL STATEMENTS FOR THE YEAR E
Page 7 and 8: FINANCIAL REPORT FOR THE YEAR ENDED
Page 9 and 10: NOTES TO THE FINANCIAL STATEMENTS F
Page 27: FINANCIAL REPORT FOR THE YEAR ENDED
Page 37 and 38: NOTES TO THE FINANCIAL STATEMENTS F
Page 39 and 40: PROPOSED PROPERTY DEVELOPMENT VIEW

Financial Report Yr Ending 3.. - SHARKIES | Cronulla Sutherland ...

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