Urbanise.com Annual Report 2019

Consolidated Statement of Financial Position at 30 June 2019 Notes 30 June 2019 $ 30 June 2018 $ Current assets Cash and cash equivalents 22 3,702,341 3,072,206 Trade and other receivables 11 2,162,190 2,131,323 Other assets 12 795,547 843,741 Total current assets 6,660,078 6,047,270 Non-current assets Property, plant and equipment 13 135,014 150,214 Intangible assets 14 5,444,561 5,895,978 Goodwill 15 4,786,480 4,786,480 Trade and other receivables 11 – 13,854 Other assets 12 52,000 – Total non-current assets 10,418,055 10,846,526 Total assets 17,078,133 16,893,796 Current liabilities Trade and other payables 17 1,154,395 1,407,539 Provisions 18 599,535 684,444 Deferred revenue 7 2,435,830 1,260,007 Total current liabilities 4,189,760 3,351,990 Non-current liabilities Provisions 18 25,903 15,945 Total non-current liabilities 25,903 15,945 Total liabilities 4,215,663 3,367,935 Net assets 12,862,470 13,525,861 Equity Issued capital and contributed equity 19 97,634,813 93,821,852 Employee option reserve 19 2,607,896 1,981,763 Foreign currency translation reserve 19 (539,662) (613,014) Accumulated losses (86,840,577) (81,664,740) Total equity 12,862,470 13,525,861 The consolidated statement of financial position should be read in conjunction with the accompanying notes. 35