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Clean Energy Finance Corporation Annual Report 2018–19

Consolidated Statement of Financial Position

EQUITY
	Notes	2019 ¹ $’000	2018 $’000
ASSETS
Financial assets
Cash and cash equivalents	3.1A	350,761	487,754
Trade and other receivables	3.1B	18,479	12,463
Loans and advances	3.1C	2,569,117	1,936,704
Other debt securities	3.1D	1,308,708	1,042,797
Equities and units in trusts	3.1E	487,264	353,772
Equity accounted investments	3.1F	153,631	87,495
Other financial assets	6.2A	–	163,507
Total financial assets		4,887,960	4,084,492
Non-financial assets
Property, plant and equipment	3.2A	1,039	1,392
Computer software	3.2A	450	418
Prepayments		552	500
Total non-financial assets		2,041	2,310
Assets held for sale	3.1G	1,374	–
Total assets		4,891,375	4,086,802
LIABILITIES
Payables and deferred revenue
Suppliers	3.3A	3,660	2,974
Deferred revenue	3.3B	43,686	32,202
Other payables	3.3C	8,293	6,792
Derivative financial liabilities	3.3D	1,514	241
Total payables and deferred revenue		57,153	42,209
Provisions
Employee provisions	5.1	2,546	2,172
Other provisions	3.4	11,607	12,196
Total provisions		14,153	14,368
Total liabilities		71,306	56,577
Net assets		4,820,069	4,030,225
Contributed equity	4.1	4,408,363	3,808,363
Reserves	2.3B	78	42,791
Retained surplus		411,628	179,071
Total equity		4,820,069	4,030,225

The 2019 financial results reflect the adoption of AASB 9 – Financial Instruments on 1 July 2018. As permitted by AASB 9, the Group has not restated previously reported financial periods. Refer to Note 1 for the impact, on the Group’s results, of the adoption of AASB 9.

The above statement should be read in conjunction with the accompanying notes.

https://www.transparency.gov.au/annual-reports/clean-energy-finance-corporation/reporting-year/2018-2019-47