Statement Of Financial Position as at 30 June 2022

Note 2022 2021 $ $ ASSETS Current Assets

Cash and Cash Equivalents 15(a) 307,765 250,244 Trade and Other Receivables 4 849,254 858,599 Inventories 5 202,464 213,621 Other Assets 6 202,257 166,029 Total Current Assets 1,561,740 1,488,493

Non-Current Assets

Property, Plant and Equipment 7 10,296,428 10,431,145 Total Non-Current Assets 10,296,428 10,431,145

Total Assets

11,858,168 11,919,638

LIABILITIES Current Liabilities

Trade and Other Payables 8 784,990 1,011,322 Borrowings 11 57,644 76,023 Provisions 9 162,686 152,959 Other Current Liabilities 12 2,863,630 2,696,175 Deferred Income 10 107,706 102,232 Total current liabilities 3,976,656 4,038,711

Non-current liabilities

Borrowings 11 25,583 683,227 Long-Term Provisions 9 29,622 23,902 Long Term Deferred Income 10 976,253 945,227 Total Non-Current Liabilities 1,031,458 1,652,356 Total Liabilities 5,008,114 5,691,067 NET ASSETS 6,850,054 6,228,571

MEMBERS’ FUNDS

Retained Earnings 6,734,743 6,114,851 Pennant Hills Golf Club Foundation Reserve 13 115,311 77,711 Memorial Gates Reserve - - Course Development Reserve - 36,009 Total Members’ Funds 6,850,054 6,228,571