Sonder Annual Report 2018/19
A highlight of Sonder's achievements from the previous financial year
A highlight of Sonder's achievements from the previous financial year
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Notes to the Financial<br />
Statements<br />
for the year ended 30 June 20<strong>19</strong><br />
20<strong>19</strong><br />
$<br />
<strong>2018</strong><br />
$<br />
20<strong>19</strong><br />
$<br />
<strong>2018</strong><br />
$<br />
Note 2. Revenue and other income<br />
Note 6. Other current assets<br />
<strong>Sonder</strong> ANNUAL REPORT <strong>2018</strong>-<strong>19</strong> 50<br />
Revenue<br />
Grant funding income<br />
IT Services income<br />
Interest income<br />
Other income<br />
Note 3. Cash assets<br />
Bank accounts<br />
Cash at bank<br />
CBA Term Deposit Bank Guarantee<br />
NAB Cheque<br />
NAB Savings<br />
15,915,012<br />
229,527<br />
81,216<br />
398,051<br />
16,623,806<br />
5,516<br />
100,000<br />
28,439<br />
5,673,092<br />
9,021,245<br />
288,702<br />
62,902<br />
304,703<br />
9,677,552<br />
4,756<br />
100,000<br />
256,787<br />
1,231,845<br />
Prepayments<br />
Other<br />
Note 7. Property, plant and equipment<br />
Motor vehicles<br />
At cost<br />
Less: accumulated depreciation<br />
Computer equipment<br />
At cost<br />
Less: accumulated depreciation<br />
41,172<br />
40,022<br />
200<br />
200<br />
41,372<br />
40,222<br />
34,6<strong>19</strong><br />
34,6<strong>19</strong><br />
(34,6<strong>19</strong>)<br />
(31,6<strong>19</strong>)<br />
<strong>19</strong>7,508<br />
(9,875)<br />
187,632 3,000<br />
NAB Staff Liability a/c<br />
508,117<br />
506,076<br />
Note 8. Payables<br />
NAB Term Deposits<br />
Other cash items<br />
Petty cash<br />
Reconciliation of cash<br />
Cash at the end of the financial year as shown in the statement of cash flows is<br />
reconciled to items in the statement of financial position as follows:<br />
3,075,807<br />
1,834<br />
9,392,804<br />
1,992,671<br />
598<br />
4,092,733<br />
Unsecured<br />
Trade creditors<br />
Other creditors<br />
Committed Funds<br />
306,428<br />
178,326<br />
2,700,332<br />
3,185,086<br />
133,251<br />
144,470<br />
484,464<br />
762,185<br />
Cash 9,392,804<br />
Note 4. Receivables<br />
Current<br />
9,392,804<br />
Trade debtors 521,264<br />
Note 5. Other financial assets<br />
Investment portfolio<br />
Unrealised gain from investments<br />
521,264<br />
1,065,<strong>19</strong>8<br />
91,916<br />
1,157,114<br />
4,092,733<br />
4,092,733<br />
254,665<br />
254,665<br />
1,000,000<br />
44,726<br />
1,044,726<br />
Note 9. Borrowings<br />
Current<br />
Unsecured<br />
Credit Cards 15,368<br />
15,368<br />
Note 10. Tax liabilities<br />
Current<br />
GST clearing<br />
609,495<br />
Amounts withheld from salary and wages<br />
150,704<br />
760,<strong>19</strong>9<br />
17,481<br />
17,481<br />
125,893<br />
122,746<br />
248,639<br />
<strong>Sonder</strong> ANNUAL REPORT <strong>2018</strong>-<strong>19</strong> 51
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