OTAGO MUSEUM

OTAGO MUSEUM TRUST BOARD
STATEMENT OF FINANCIAL POSITION
As at 30 June, 2015
Notes 2015 Budget 2014
$ $ $
Current Assets
Cash and Cash Equivalents 21(a) 7,851,724 3,682,416 8,132,205
Trade and Other Receivables 8 188,128 165,863 227,949
Derivative Financial Instruments 9 1,333,040 - -
Inventories 10 163,777 192,182 173,550
Other Financial Assets 11 196,932 179,648 196,932
Other Current Assets 12 - - 160,471
──────── ──────── ────────
Total Current Assets 9,733,601 4,220,109 8,891,107
──────── ──────── ────────
Non-current Assets
Other Financial Assets 11 5,715,390 3,679,286 5,064,455
Property, Plant & Equipment 13 14,503,198 18,359,129 14,262,916
──────── ──────── ────────
Total Non-Current
Assets 20,218,588 22,038,415 19,327,371
──────── ──────── ────────
Total Assets 29,952,189 26,258,524 28,218,478
──────── ──────── ────────
Current Liabilities
Trade and Other Payables 14 545,764 571,277 303,172
Derivative Financial Instruments 14 1,264,747 - -
Employee Entitlements 15 363,373 - 322,951
──────── ──────── ────────
Total Current Liabilities 2,173,884 571,277 626,123
──────── ──────── ────────
Total Liabilities 2,173,884 571,277 626,123
──────── ──────── ────────
Net Assets $27,778,305 $25,687,247 $27,592,355
════════ ════════ ════════
Equity
Reserves 16 14,683,121 - 14,378,688
Accumulated Surplus/Deficit 17 13,095,184 - 13,213,667
──────── ──────── ────────
$27,778,305 $25,687,247 $27,592,355
════════ ════════ ════════
The accompanying notes form part of these financial statements.
61