Urbanise.com Annual Report 2019

Annual Report 2019 Urbanise.com Limited 31. Deed of cross guarantee (continued) Closed group consolidated statement of financial position as at 30 June 2019 2019 $ 2018 $ Current assets Cash and cash equivalents 2,955,498 2,253,444 Trade and other receivables 1,147,324 1,272,193 Other assets 2,508,090 1,014,556 Total current assets 6,610,912 4,540,193 Non-current assets Property, plant and equipment 115,887 127,363 Intangible assets 5,444,562 5,895,978 Goodwill 4,786,480 4,786,480 Other non-current assets 52,000 – Total non-current assets 10,398,929 10,809,821 Total assets 17,009,841 15,350,014 Current liabilities Trade and other payables 1,213,338 1,226,223 Provisions 451,736 502,041 Deferred Revenue 1,990,206 1,020,081 Other liabilities 3,756,306 1,391,754 Total current liabilities 7,411,586 4,140,099 Non-current liabilities Provisions 25,903 15,945 Total non-current liabilities 25,903 15,945 Total liabilities 7,437,489 4,156,044 Net assets 9,572,352 11,193,970 Equity Issued capital and contributed equity 99,040,000 95,226,934 Employee option reserve 2,547,896 1,981,763 Foreign currency translation reserve (225,143) (162,085) Accumulated losses (91,790,400) (85,852,642) Total equity 9,572,353 11,193,970 Notes to the Consolidated Financial Statements for the year ended 30 June 2019 (continued) 82