$900,000 in the bank?, page-2

You need to read and understand the balance sheet - the $900k is straight from there.

That first point is clearly not related to 30/06/2011 - they have put it in their as the market would have freaked out if they knew the position at 30/06/2011 as it existed then.

They must have received some of the 2 categories of receivables they have used. However it means nothing without a balance sheet to know what creditors are outstanding on whatever date that balance was taken.

MJS