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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).