Suzuki 2006 Annual Report Page 14
Suzuki Music Annual
Report
2006 14
Financial Statements 2006
Suzuki Talent Education Association of Australia (Vic.) Inc.
Balance Sheet as at 31 December 2006
2006
2005
$
$
Current Assets
Cash Assets
197,150
140,656
Receivables 2,101
-796
Inventories 11,010
11,796
Other financial assets
88062
83798
Other
3,802
660
Total Current Assets
302,125
236,113
Non-Current Assets
Property, Plant and equipment
7,722
7,959
Total Non-current assets
7,959
7,959
TOTAL ASSETS
309,848
244,072
Current Liabilities
Payables 11,296
102
Current tax liabilites
5,885
7,428
Provisions 9,337
8,277
Other
25,567
38,308
Total Current Liabilities
52,085
54,115
TOTAL LIABILITIES
52,085
54,115
NET ASSETS
257,762
189,958
Accumulated Surplus
Opening Balance
189,958
128,186
Surplus / (Deficit) for the Year
67,805
61,772
NET ACCUMULATED SURPLUS
257,762
189,958
