Statement of Intent: 2008/2009 - 2011

Statement of Intent: 2008/2009 - 2011

STATEMENT OF INTENT

	Forecast 12 months to 30 June 2009 $	Forecast 12 months to 30 June 2008 $
Current assets
Cash and cash equivalents - operations	142,286	233,841
Cash and cash equivalents - litigation fund	446,595	446,595
Short term deposits - operations	105,228	105,228
Short term deposit - litigation fund	321,800	283,200
Interest receivable - operations	-	1,559
Interest receivable - litigation fund	5,575	5,575
GST receivable	999	999
Sundry debtors and prepayments	142,579	162,579
Less provision for bad debts	(10,000)	(10,000)
Total current assets	1,155,062	1,229,576
Total assets	$1,155,062	$1,229,576
Current liabilities
Trade and other payables	64,369	63,083
Total current liabilities	64,369	63,083

Equity
Accumulated funds	316,723	431,123
Litigation fund	773,970	735,370
Total equity	1,090,693	1,166,493
Total equity and liabilities	$1,155,062	$1,229,576