FINANCIAL REPORTS
Statement of Financial Position
2013

2012

N$

US$

N$

US$

4, 684, 046

445, 921

4, 655, 271

557, 236

4, 684, 046

445, 921

4, 655, 271

557, 236

ASSESTS
Non Current Assets
Property, plan and equipment

2

Current Assets
Accounts Receivable

3

69, 738

6, 639

92, 130

11, 028

Cash and Cash Equivalents

4

1, 115, 411

106, 187

5, 352, 547

640, 700

1,185, 149

112, 826

5, 444, 677

651, 728

5, 869, 195

558, 747

10, 099, 947

1, 208, 964

272, 792

25, 970

(803, 819)

(96, 217)

4, 143, 039

394, 417

4, 143, 039

495, 922

4, 415, 831

420, 387

3, 339, 220

399, 705

843, 454

80, 297

4, 793, 984

573, 840

843, 454

80, 297

4, 793, 984

573, 840

Total Assets
EQUITY AND LIABILITIES
Funds and Reserves
Retained Gain / (Loss)
Capital Reserves

5

Non Current Liabilities
Deferred Revenue

6

Current Liabilities
Bank Overdraft

4

47, 004

4, 474

13, 988

1, 674

Accounts Payable

7

2, 751

262

1, 049, 695

125, 648

Provisions

8

560, 155

53, 327

903, 060

108, 096

609, 910

58, 063

1, 966, 743

235, 419

5, 869, 195

558, 747

10, 099, 947

1, 208, 964

Total Equity and Liabilities

44

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