2019-12-10 P&E Agenda - Item 6 - Attachment 2 - NBRF Audited Financial Statements 2018-19

Noosa Biosphere Reserve Trust
ABN 12 733 644 586                                                                                                                   :

Notes to the Financial Statements
For the Year Ended 30 June 2019

6    Other Financial Liabilities
                                                                                             2019           2018
                                                                                               $              $
     CURRENT
     Unexpended grants                                                                        341,862         699,576
     Total                                                                                    341,862         699,576

     The above amount represents the balance of grants monies received held at the year end to be spent on
     environmental projects.

7    Auditors' Remuneration
     Remuneration of the auditor of the trust, SAAS Audit
     Pty Ltd, for:                                                      ;
     - auditing or reviewing the financial statements                                            3,100          3,050
     Total                                                                                       3,100          3,050

8    Cash Flow Information

     Reconciliation of net income to net cash provided by operating activities:
     Profit/(loss) for the year                                                                86,183         (28,889)
     Non-cash flows in profit:                                                                                                       :
       - depreciation                                                                             656             882                i
     Changes in assets and liabilities:
       - (increase)/decrease in trade and
      other receivables                                                                        37,331         (47,665)               '
       - (increase)/decrease in prepayments                                                       (471)           183
       ~ increase/(decrease) in grants on hand                                               (357,714)         65,020
       - increase/(decrease) in trade and                                                                                            ‘
      other payables                                                                            (5,581)        21,843
     Cashflows from operations                                                                (239,596)        11.374

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