Balance Sheet 30/06/2011

                                               
Assets            
Assets            
       Current Assets            
             Credit Union Aust AUD 137.25        
             Paypal AUD AUD 798.09        
             Paypal EUR
EUR 49.63 AUD 64.82
       
             Paypal USD
€2,603.65 AUD 2,366.72
       
             Westpac Savings Account AUD 10,720.79        
             Westpac Transaction Account AUD 345.05        
Total Assets         AUD 14,432.72


Liabilities            
Liabilities            
       Payables            
             Bills not yet received EUR
EUR 1,439.78 AUD 1,880.35
       
             Other AUD 1,023.40        
Total Liabilities         AUD 2,903.75

Equity            
Equity            
       Opening Balances            
             Retained Earnings AUD 12,514.52        
Retained Losses         AUD 684.61
Trading Losses         AUD 300.95
Total Equity         AUD 11,528.96

Total Liabilities & Equity         AUD 14,432.72
Exchange rates
EUR 1.00 AUD 1.306
€1.00 AUD 0.909