62 28 EQUESTRIAN AUSTRALIA LIMITED ABN 19 077 455 755 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2018 21. CASH FLOW INFORMATION (i) Reconciliation of cash For 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. 18 OTHER LIABILITIES 2018 2017 Current $ $ Grant monies carried over 640,971 9,423 Other revenue received in advance 571,794 136,973 ICDF Revenue Carried Over 53,197 11,120 1,265,962 157,515 19 RESERVES Asset Revaluation Reserve 594,015 594,015 20 ACCUMULATED SURPLUS Balance at 1July 548,064 707,147 Surplus/(deficit) for the year 176,809 (159,083) Balance as at 30 June 724,872 548,064