b'EQUESTRIAN AUSTRALIA LIMITED ABN 19 077 455 755NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 201917. OTHER LIABILITIES20192018 Current$$ Grant monies carried over 390,452640,971Other revenue received in advance 493,129571,794ICDF Revenue Carried Over -53,197 883,5811,265,962 18. RESERVES Asset Revaluation Reserve 594,014594,01419. ACCUMULATED SURPLUS Balance at 1 July 724,873548,064Surplus/(deficit) for the year 141,349176,809Balance as at 30 June 866,222724,873 20. CASH FLOW INFORMATION(i) Reconciliation of cashFor the purposes of the Statement of Cash Flows, cash includes cash on hand, cash at bank and short term deposits, net of any outstanding bank overdrafts.Cash at bank, on deposit and on hand1,725,0521,543,377 (ii) Reconciliation of cash flow from operations with surplus/ (deficit) for the year Surplus/ (deficit) for the year 141,349176,809Adjustments and non-cash items: Depreciation 38,80648,747Amortisation 32,20834,322Intangible Asset Impairment - -Doubtful debts expense- -Loss on disposal of assets - -Net cash provided before changes in assets and liabilities 212,363259,878 Changes in assets and liabilities during the financial year (Increase) / decrease in receivables 320,270 (306,462) (Increase) / decrease in other assets 88,1854,457(Increase) / decrease in inventories on hand 13,67912,525(Decrease) / increase in payables(41,388)(47,231) (Decrease) / increase in employee provisions 40,8302,627(Decrease) / increase in other liabilities(441,483) 997,064Cash flows from operating activities 192,456 922,858\x03\x0371'