Statement of financial position as at 30 June 2020
STATEMENT OF FINANCIAL POSITION | |||
As at 30 June 2020 | |||
Note | 2020 | 2019 | |
ASSETS | $'000 | $'000 | |
Financial assets | |||
Cash and cash equivalents | 2.2 | 36,287 | 179,568 |
Trade and other receivables | 2.3 | 16,005 | 4,116 |
Unit trusts | 2.4 | 1,799,665 | 1,649,635 |
Total financial assets | 1,851,957 | 1,833,319 | |
Non-financial assets1 | |||
Property, plant and equipment | 3.1 | 7,242 | 2,429 |
Software | 3.1 | 3,523 | 1,103 |
Total non-financial assets | 10,765 | 3,532 | |
Total assets | 1,862,722 | 1,836,851 | |
LIABILITIES | |||
Payables | |||
Trade and other payables | 2.7 | 2,142 | 2,197 |
Total payables | 2,142 | 2,197 | |
Interest-bearing liabilities | |||
Leases | 2.8 | 5,804 | 0 |
Total interest-bearing liabilities | 5,804 | 0 | |
Provisions | |||
Employee provisions | 4.1 | 1,197 | 763 |
Provision for reimbursements | 5.1 | 1,711,022 | 1,525,949 |
Total provisions | 1,712,219 | 1,526,712 | |
Total liabilities | 1,720,165 | 1,528,909 | |
Net assets | 142,557 | 307,942 | |
EQUITY | |||
Retained surplus | 142,557 | 307,942 | |
Total equity | 142,557 | 307,942 | |
The above statement should be read in conjunction with the accompanying notes.
- Right-of-use assets are included in property, plant and equipment.
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https://www.transparency.gov.au/annual-reports/coal-mining-industry-long-service-leave-funding-corporation/reporting-year/2019-20-19