SI Annual Report 2016
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Saunders International Limited<br />
Statement of Financial Position<br />
STATEMENT OF FINANCIAL PO<strong>SI</strong>TION<br />
as at 30 June <strong>2016</strong><br />
Current assets<br />
Note<br />
<strong>2016</strong><br />
$’000<br />
Cash and cash equivalents 19(a) 14,347 17,874<br />
Trade and other receivables 6 7,085 5,014<br />
Inventories 171 701<br />
Current tax asset 5 28 -<br />
Other 95 103<br />
Total current assets 21,726 23,692<br />
2015<br />
$’000<br />
Non-current assets<br />
Plant and equipment 7 1,806 1,992<br />
Deferred tax assets 5 864 993<br />
Total non-current assets 2,670 2,985<br />
Total assets 24,396 26,677<br />
Current liabilities<br />
Trade and other payables 8 3,269 2,024<br />
Deferred revenue 9 1,416 2,795<br />
Current tax liabilities 5 - 107<br />
Provisions 11 2,009 2,411<br />
Total current liabilities 6,694 7,337<br />
Non-current liabilities<br />
Provisions 11 405 425<br />
Total non-current liabilities 405 425<br />
Total liabilities 7,099 7,762<br />
Net assets 17,297 18,915<br />
Equity<br />
Issued capital 12 7,927 7,914<br />
Shares buy-back reserve under employee share plan 12 (336) (413)<br />
Share based payments reserve 12 388 216<br />
Retained earnings 13 9,318 11,198<br />
Total equity 17,297 18,915<br />
The accompanying notes form part of these financial statements.
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