24. Information relating to Moorebank Intermodal Company Limited (Parent)
As at and throughout the financial year ended 30 June 2019 the parent company of the Group was Moorebank Intermodal Company Limited.
The individual financial report for the Moorebank Intermodal Company Limited shows the following aggregate amounts.
2019 $ |
2018 $ |
|
---|---|---|
Result of the Parent entity |
||
Profit for the year |
23,960 |
21,607 |
Other comprehensive income |
- |
- |
Total comprehensive income for the year |
23,960 |
21,607 |
Financial position of the Parent entity at year end |
||
Current assets |
83,687 |
60,915 |
Non-current assets |
324,077 |
148,884 |
Total assets |
407,764 |
209,799 |
Current liabilities |
583 |
1,059 |
Non-current liabilities |
56 |
408 |
Total liabilities |
739 |
1,467 |
Net assets |
407,025 |
208,332 |
Total equity of the Paren entity |
||
Contributed equity |
380,733 |
206,000 |
Retained earnings |
26,292 |
2,332 |
Total equity |
407,025 |
208,332 |
There were no commitments or contingencies as at 30 June 2019 (2018: none) of the Parent. Profit for the year includes an income tax benefit of $30.2 million (2018 : $25.4 million). Non-current assets include a deferred tax asset of $64.4 million (2018 : $34.1 million).
Visit
https://www.transparency.gov.au/annual-reports/moorebank-intermodal-company-limited/reporting-year/2018-2019-107