Batchelor Institute of Indigenous Tertiary Education cont… Financial Position at year end 2017 2016 $’000 $’000 Cash and cash equivalents 3,457 5,340 Receivables and other current assets 6,988 5,228 Less current liabilities (7,348) (7,806) Working Capital 3,097 2,762 Add non-current assets 32,550 33,274 Less non-current liabilities (334) (917) Net Assets 35,313 35,119 Represented by: Reserves 30,741 30,338 Retained earnings 4,572 4,781 Equity 35,313 35,119
Batchelor Institute of Indigenous Tertiary Education cont… Financial Position at year end 2017 2016 $’000 $’000 Cash and cash equivalents 3,457 5,340 Receivables and other current assets 6,988 5,228 Less current liabilities (7,348) (7,806) Working Capital 3,097 2,762 Add non-current assets 32,550 33,274 Less non-current liabilities (334) (917) Net Assets 35,313 35,119 Represented by: Reserves 30,741 30,338 Retained earnings 4,572 4,781 Equity 35,313 35,119
2018_August.docx