2019-12-10 S&O Agenda - Item 7 - Attachment 1 - TN Annual Report-2018-19

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Note 7     Property, Plant and Equipment
                                                                                                 2019                     2018
                                                                                                  $                         $
                         PLANT AND EQUIPMENT

                         Plant and Equipment at cost                                              162,614                   149,333
                         {Accumulated depreciation)                                              (109,603)                  (95,899)
                                                                                                   53,011                   53,434
                         Visitor Information Centre Assets at cost                                107,831                   107,831
                         (Accumulated depreciation)                                               (99,375)                  (92,816)
                                                                                                    8,457                    15,015
                         Motor Vehicles at cost                                                    20,893                   20,900
                         (Accumulated Depreciation)                                                (20,900                  (20,900)
                                                                                                       (7)                      2
                         Renovated Marina Office 2016                                              64,126                    40,727
                         (Accumulated Depreciation)                                                 (1,660)                  (1,240)
                                                                                                   62,466                    39,487
                         Renovated Marina Office 2014                                              21,511                    21,511
                         (Accumulated Depreciation)                                                 (2,134)                  (1,958)
                                                                                                   19,377                    19,553
                         Renovation of Office at cost                                               8,705                     8,705
                         (Accumulated Depreciation)                                                 (1,769)                  (1,540)
                                                                                                    6,936                     7,165
                         Extension VIC 2018-19 at cost                                             61,915                    48,961
                         (Accumulated Depreciation)                                                  (611)                     (188)
                                                                                                   61,304                    48,773
                         Artwork at cost                                                             1,017                    1,017
                         Total plant and equipment                                                212,561                   184,444
                         Total property, plant and equipment                                      212,561                   184,444
                         Note 8     Accounts Payable and Other Payables
                                                                                                 2019                      2018
                                                                                                   $                         $
                         CURRENT
                         Accruals                                                                     -                     163,090
                         Unearned Income                                                              -                       4,360
                         Accounts payable                                                         231,452                   118,185
                         Forward Bookings                                                         110,464                   177,696
                         GST Payable                                                                  -                         -
                         Credit Cards                                                               3,217                     6,138
                                                                                                  345,133                   469,469
                         Note ?     Employee Provisions

                         CURRENT                                                                 2019                      2018
                         Short-term Employee Benefits                                              $                         $
                                   Opening balance at | July                                      101,469                    81,766
                                   Movements during the year                                       (53,006)                  19,703
                                   Balance at 30 June                                              48,463                   101,469

                         PAYG Tax                                                                  70,880                    36,886
.                        NON-CURRENT
                         Long-term Employee Benefits (Long Service Leave)
                                   Opening balance at 1 July                                       21,022                    32,953
                                   Movements during the year                                        (2,005)                 (11,931)
                                   Balance at 30 June                                               19,017                   21,022

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