Section 2 - Sugar Research and Development Corporation
Section 2 - Sugar Research and Development Corporation
Section 2 - Sugar Research and Development Corporation
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<strong>Sugar</strong> <strong>Research</strong> <strong>and</strong> <strong>Development</strong> <strong>Corporation</strong><br />
BALANCE SHEET<br />
as at 30 June 2011<br />
2011<br />
$’000<br />
2010<br />
$’000<br />
Notes<br />
ASSETS<br />
Financial Assets<br />
Cash <strong>and</strong> cash equivalents 9,153 9,990<br />
Trade <strong>and</strong> other receivables 5B 2,543 1,428<br />
Total fi nancial assets<br />
Non-Financial Assets<br />
11,696 11,418<br />
Leasehold improvements 6A 48 81<br />
Plant <strong>and</strong> equipment 6B, C 12 16<br />
Other 6D 20 1<br />
Total non-fi nancial assets 80 98<br />
Total assets 11,776 11,516<br />
LIABILITIES<br />
Payables<br />
Suppliers 7A (63) (36)<br />
Grants 7B (47) (18)<br />
Other 7C (33) (33)<br />
Total payables<br />
Provisions<br />
(143) (87)<br />
Employee provisions 8A (302) (263)<br />
Other 8B (58) (58)<br />
Total provisions (360) (321)<br />
Total liabilities (503) (408)<br />
Net assets 11,273 11,108<br />
EQUITY<br />
Retained surplus 11,273 11,108<br />
Total equity 11,273 11,108<br />
The above statement should be read in conjunction with the accompanying notes.<br />
SRDC Annual Report 2010–2011 75
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