Statement of Financial Position
as at 30 June 2020 | |||||
2020 to Original Budget Explanation | 2020 | 2019 | 2020 Original Budget(a) | ||
(Note 1) | Notes | $'000 | $'000 | $'000 | |
ASSETS | |||||
|---|---|---|---|---|---|
Financial assets | |||||
Cash and cash equivalents | 5A | 6,756 | 5,269 | 6,844 | |
Receivables | 5B | 30,667 | 56,673 | 23,872 | |
Other investments | F | 5C | 222,400 | 175,000 | 139,258 |
Accrued revenue | 5D | 4,909 | 5,606 | 7,366 | |
Total financial assets | 264,732 | 242,548 | 177,340 | ||
Non-financial assets | |||||
ABC owned | |||||
Land | G | 6A | 278,889 | 269,080 | 241,408 |
Buildings (including improvements) | H | 6A | 433,990 | 505,481 | 476,113 |
Plant and equipment | 6A | 191,336 | 199,691 | 198,648 | |
Intangibles | 6A | 63,808 | 47,981 | 70,229 | |
ABC right-of-use | |||||
Land | I | 6B | 22,435 | - | - |
Buildings (including improvements) | 6B | 4,504 | - | - | |
Plant and equipment | I | 6B | 628,658 | - | - |
Assets classified as held for sale | 6C | - | 335 | - | |
Inventories | 6D | 105,141 | 113,618 | 97,045 | |
Prepayments | 6E | 19,403 | 18,463 | 25,471 | |
Tax assets | 6F | 4,634 | 4,560 | - | |
Total non-financial assets | 1,752,798 | 1,159,209 | 1,108,914 | ||
Total assets | 2,017,530 | 1,401,757 | 1,286,254 | ||
LIABILITIES | |||||
Payables | |||||
Suppliers | J | 7A | 91,691 | 62,195 | 60,907 |
Other payables | 7B | 49,729 | 39,741 | 50,702 | |
Total payables | 141,420 | 101,936 | 111,609 | ||
Interest bearing liabilities | |||||
Loans | 8A | 2,230 | 32,721 | 11,251 | |
Lease liability | K | 8B | 635,784 | - | - |
Total interest bearing liabilities | 638,014 | 32,721 | 11,251 | ||
Provisions | |||||
Other provisions | 9A | 7,098 | 35,649 | 13,317 | |
Employee provisions | L | 10A | 177,703 | 159,795 | 123,204 |
Total provisions | 184,801 | 195,444 | 136,521 | ||
Total liabilities | 964,235 | 330,101 | 259,381 | ||
NET ASSETS | 1,053,295 | 1,071,656 | 1,026,873 | ||
EQUITY | |||||
Contributed equity | 93,640 | 93,640 | 93,640 | ||
Reserves | 783,648 | 793,615 | 758,012 | ||
Retained surplus | 176,007 | 184,401 | 175,221 | ||
Total Equity | 1,053,295 | 1,071,656 | 1,026,873 |
The above statement should be read in conjunction with the accompanying notes.
(a) Original Budget as reflected in the May 2019 Portfolio Budget Statements for the ABC.
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