Go Vita 2021 Annual Report

XXXX CONSOLIDATED STATEMENT OF FINANCIAL POSITION

FOR THE FINANCIAL YEAR ENDED 30 JUNE 2021 AS AT 30 JUNE 2021

Note

2021 $

2020 $

Assets Current assets Cash and cash equivalents Trade and other receivables

5 4 9

1,076,360 3,664,644 4,282,674 233,406 9,257,084

1,015,267 3,854,493 4,310,331 273,898 9,453,989 100,947 105,809 50,000 245,977 963,448 231,453 1,697,634 11,151,623

Inventories

Other

10

Total current assets

Non-current assets Cash and cash equivalents

5 3 4 7

100,947 190,839 75,567 244,674 498,942

Deferred Tax Assets

Trade and other receivables

Plant and equipment Right of use asset

16

Intangible asset

6

71,697

1,182,666 10,439,750

Total Non-current assets

Total Assets

Current liabilities Trade and other payables

11

4,231,773 479,812 340,000 120,345 399,584 226,197 36,901 5,834,612

4,451,456

Borrowings

12 13

207,732 537,800

Deposits

Current tax liabilities

3

10,506

Lease liability

16 14 15

379,245 303,635 120,600 6,010,974

Provisions

Other

Total Current Liabilities

Non-Current Liabilities Deposits

13 16 14

1,556,863

1,042,400 628,466

Lease liabilities

210,578 161,815

Provisions

137,910

1,929,256 7,763,868 2,675,882

Total Non-Current Liabilities

1,808,776 7,819,750 3,331,873

Total Liabilities

Net Assets

Equity Share capital

17

-

25,000

Retained profits

2,675,882 2,675,882

3,306,873 3,331,873

Total Equity

The accompanying notes form part of these financial statements.

GO VITA GROUP LIMITED ANNUAL REPORT 2020-2021 I 43

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