ADAVB 2018/2019 Annual Report

A D A V B A N N U A L R E P O R T 2 0 1 8 / 1 9 | 4 1 Consolidated Consolidated 2019 2018 $ $ NOTE 7: CASH AND CASH EQUIVALENTS Cash and Cash Equivalents 3,600,272 3,869,137 3,600,272 3,869,137 The effective interest rate on short-term bank deposits was 2% (2018: 2%) Reconciliation of cash Cash at the end of the financial year as shown in the statement of cash flows is reconciled to items in the statement of financial position as follows Cash on hand 275 275 Cash at bank 2,729,512 1,804,280 Term deposits 870,485 2,064,582 3,600,272 3,869,137 NOTE 8: TRADE AND OTHER RECEIVABLES Current Other debtors 327,179 96,514 Victorian Dentist debtors 40,247 10,470 Provision for impairment of receivables (18,360) - 349,066 106,984 GST input credit 14,865 19,682 363,931 126,666 Collateral held as security No collateral is held as security for any of the trade and other receivable balances. Consolidated Consolidated 2019 2018 $ $ Financial assets at amortised cost Trade and other receivables: - Total Current 349,066 106,984 - Total Non-Current - - 349,066 106,984 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2019