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16. Registered Charges

The CoA holds a fixed charge over the moveable manufacturing plant and equipment owned by the Company in relation to the submarine build contract.

The CoA also holds a fixed and floating charge over all assets owned by ASC AWD Shipbuilder Pty Ltd in connection with the AWD construction contract.

The above charges are held against default of the contracts. There are currently no amounts owing to the CoA in relation to these charges.

Registered charges

June
2020
$'000

June
2019
$'000

Current

Trade receivables

5,993

39,511

Other receivables

1,987

289

Total current assets pledged as security

7,980

39,800

Non-current

Plant and equipment

14,975

16,207

Total assets pledged as security

22,955

56,007