Saunders 2023 Annual Report e-book

FINANCIAL REPORT (cont.)

CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2023

2023 $’000

2022 $’000

Note

Current assets Cash and cash equivalents Trade and other receivables

18

12,833 23,099 33,145

36,746 28,946

6

Contract Assets

10

9,340

Inventories

136 196

189 192

Other current Assets Total current assets

69,409

75,413

Non-current assets Property Plant and equipment

7 8

11,495

12,086

Right-of-use assets

4,952 3,978

3,674

Intangible asset

20

321

Deferred tax assets

5

823

-

Total non-current assets

21,248 90,657

16,081 91,494

Total assets

Current liabilities Trade and other payables

9

25,727 11,174

35,500 13,023

Contract liabilities

10 11

Provisions

6,887 2,300 1,838

4,427 2,089 1,191

Current tax liability

5 8

Lease liabilities

Total current liabilities Non-current liabilities Provisions

47,926

56,230

839

11

809

2,328

Lease liabilities

8 5

2,647

72

Deferred tax liabilities

-

Total non-current liabilities

3,456

3,239

Total liabilities

51,382 39,275

59,469 32,025

Net assets

Equity Issued capital

22,482 (1,806)

12 12

24,104 (1,475)

Treasury shares under employee share plan

384

Share based payments reserve

572

10,965 32,025

Retained earnings

13

16,074 39,275

Total equity

The accompanying notes form part of these financial statements.

Annual Report 2023 53

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