Annual Statements for Telezon Limited (TLZ)
| 30-Jun 2014 |
30-Jun 2013 |
30-Jun 2012 |
|
|---|---|---|---|
 |
|
|
|
| AUD | AUD | AUD | |
| REVENUE | |||
| Revenue from activities/operations | 6,793 | 4,961 | 1,200 |
| Interest Received | 6,650 | 6,817 | 10,740 |
| Dividends Received | 925 | 1,925 | |
| Grants | 272,476 | 205,587 | |
| Royalties | 760 | ||
| Other Revenue | 20 | 24,577 | 5,845 |
| Total Revenue | 285,939 | 242,867 | 20,470 |
| Cost of sales | |||
| Gross Profit | 285,939 | 242,867 | 20,470 |
| EXPENSES | |||
| Employee Benefits Expense | (187,725) | (120,000) | (120,000) |
| Depreciation | (2,220) | (2,220) | (3,111) |
| Listing Fees | (8,352) | (20,836) | (16,635) |
| Financing costs | (78,779) | (30,480) | |
| Settlement costs | (800,000) | ||
| Other Expenses | (84,821) | (220,781) | (171,953) |
| Total Expenses | (361,897) | (394,317) | (1,111,699) |
| PROFIT / (LOSS) | |||
| Profit/Loss before income tax | (75,958) | (151,450) | (1,091,229) |
| Profit/Loss after income tax | (75,958) | (151,450) | (1,091,229) |
| Net fair value on available for sale financial instrument | (22,060) | (7,860) | |
| Total Comprehensive Income | (75,958) | (173,510) | (1,099,089) |
| ASSETS | |||
| Current Assets | |||
| Cash and Cash Equivalents | 159,239 | 299,530 | 186,993 |
| Trade and Other Receivables | 10,657 | 7,570 | 5,581 |
| Financial Assets | 1,380 | 1,560 | 34,460 |
| Other Current Assets | 3,497 | 3,010 | 3,002 |
| Total Current Assets | 174,773 | 311,670 | 230,036 |
| Non-Current Assets | |||
| Property, Plant and Equipment | 5,960 | 8,180 | 10,400 |
| Intangible Assets | 3,365,874 | 3,111,915 | 2,698,816 |
| Total Non-Current Assets | 3,371,834 | 3,120,095 | 2,709,216 |
| Total Assets | 3,546,607 | 3,431,765 | 2,939,252 |
| LIABILITIES | |||
| Current Liabilities | |||
| Trade and other payables | 408,731 | 541,291 | 698,873 |
| Provisions | 4,133 | 6,162 | |
| Financial Liabilities | 859,259 | 580,480 | |
| Total Current Liabilities | 1,267,990 | 1,125,904 | 705,035 |
| Non-Current Liabilities | |||
| Total Liabilities | 1,267,990 | 1,125,904 | 705,035 |
| NET ASSETS | 2,278,617 | 2,305,861 | 2,234,217 |
| EQUITY | |||
| Issued Capital | 25,927,392 | 25,923,978 | 25,678,824 |
| Reserves | 651,005 | 605,705 | 627,765 |
| Retained Earnings | (24,299,780) | (24,223,822) | (24,072,372) |
| Total Equity | 2,278,617 | 2,305,861 | 2,234,217 |
| CASH FLOW | |||
| Net Cash provided by (used in) operating activities | (108,809) | (431,831) | (490,573) |
| Net Cash provided by (used in) investing activities | (234,895) | (250,786) | (370,607) |
| Net Cash provided by (used in) financing activities | 203,415 | 795,154 | 624,134 |
| Net Increase (decrease) in cash held | (140,291) | 112,537 | (237,046) |
| Cash at the beginning of the period | 299,530 | 186,993 | 424,039 |
| Cash at the end of the period | 159,239 | 299,530 | 186,993 |