42 9 EQUESTRIAN AUSTRALIA LIMITED ABN 19 077 455 755 STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 30 JUNE 2018 2018 2017 Note $ $ CURRENT ASSETS Cash and cash equivalents 8 1,543,378 838,911 Receivables 9 363,117 163,337 Inventories 10 24,909 37,434 Other assets 11 102,225 - 2,033,629 1,039,682 Assets and Liabilities classified as held for sale 12 - - Total Current Assets 2,033,629 1,039,683 NON-CURRENT ASSETS Property, plant and equipment 13 1,092,569 1,136,097 Intangible assets 14 103,909 134,360 Total Non-current Assets 1,196,478 1,270,456 TOTAL ASSETS 3,230,107 2,310,139 CURRENT LIABILITIES Payables 15 577,300 703,752 Provisions 17 52,959 82,495 Other Liabilities 18 1,265,962 157,515 Total Current Liabilities 1,896,221 943,762 Total Non Current Liabilities Borrowings 16 - 209,299 Provisions 17 14,998 14,998 Total Non-Current Liabilites 14,998 224,297 TOTAL LIABILITIES 1,911,219 1,168,060 NET ASSETS 1,318,889 1,142,079 EQUITY Reserves 19 594,015 594,015 Retained surplus 20 724,872 548,064 TOTAL EQUITY 1,318,887 1,142,079 The accompanying notes on pages 45-64 form an integral part of these accounts