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Defence Housing Australia Annual Report 2019-20

Statement of Financial Position

	Notes	2020 $'000	2019 $'000
ASSESTS
Current assets
Cash and cash equivalents	13	379,143	212,924
Trade and other receivables	14a	23,557	14,001
Investment properties held for sale	15	13,419	1,918
Inventories	16	428,139	488,824
Other current assets	17	2,206	29,854
Total current assets		846,464	747,521

Non-current assets
Inventories	16	327,113	489,733
Investment properties¹	18	2,616,999	1,037,730
Property, plant and equipment¹	19	21,837	6,244
Intangibles		4,530	4,526
Deferred tax assets	12c	81,842	28,314
Investments accounted for using the equity method		-	7
Other receivables		520	678
Total non-current assets		3,052,841	1,567,232
Total assets		3,899,305	2,314,753

LIABILITIES
Current liabilities
Trade and other payables	20	39,781	60,712
Dividend payable	21	25,604	24,545
Borrowings	22	135,000	150,000
Lease liabilities	23	258,239	-
Provisions	24	53,019	26,731
Current tax liabilities		11,839	3,251
Other financial liabilities	25	34,530	20,317
Total current liabilities		558,012	285,556

Non-current liabilities
Borrowings	22	374,580	359,580
Lease liabilities	23	1,387,196	-
Provisions	24	107,698	101,697
Other financial liabilities	25	-	386
Total non-current liabilities		1,869,474	461,663
Total liabilities		2,427,486	747,219

Net Assets		1,471,819	1,567,534

EQUITY
Contributed equity		403,863	403,863
Retained Earnings		1,067,956	1,163,671
Total equity		1,471,819	1,567,534

Note
1. Right of use assets are included in the Investment properties and Property, plant and equipment balance.

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

https://www.transparency.gov.au/annual-reports/defence-housing-australia/reporting-year/2019-20-26