SUMMARY STATEMENT OF FINANCIAL POSITION Total assets have increased during the year with the increase being predominantly in the following categories: • Cash and cash equivalents have remained relatively stable with a $0.4m decrease. •  roperty, plant and equipment has grown consistently to meet the needs of expanded service delivery. The increase includes grant funded P capital purchases such as the recently constructed respite house in the Northern Territory. • ntangible assets represent the costs of developing information technology systems and products, net of amortisation. The cost of I implementing the Aurion payroll system, which was funded from Accumulated Funds, was added to the value of intangible assets in 2014. •  ther financial assets represent the investments in listed equities and bonds. The increase reflects Life Without Barriers moving to maximise O investment returns within the framework of the approved investment policy. Life Without Barriers has a Socially Responsible Investment (SRI) policy in place to ensure investments are not made in organisations that have incongruous values or goals. Ord Minnett act as Life Without Barriers investment managers and operate within LWB’s investment policies including the SRI policy. Liabilities have decreased by $0.5m overall. Employee liabilities have increased by $1.9m which is in line with increased employee numbers and additional employees qualifying for long service leave. This has been offset by a $2.4m decrease in Trade and other payables. Special purpose funds – the Aboriginal and Torres Strait Islander Children’s Fund has continued to increase as a result of investment income received. The Carol Peltola Children’s Research Fund balance has decreased as a result of a payment made in support of the Life Without Barriers Carol Peltola Children’s Fund Research Chair. Total Funds have increased during the year in line with the operating result.