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NBN Co Limited Annual Report 2018–19

Statement of financial position

		NBN Co Group
		30 June 2019	30 June 2018
As at	Notes	$m	$m
Current assets
Cash and cash equivalents	C1	520	593
Trade and other receivables	C2	444	338
Inventories		39	36
Derivative financial assets		6	2
Other current assets		116	108
Total current assets		1,125	1,077
Non-current assets
Derivative financial assets		2	1
Property, plant and equipment	C3	29,443	25,043
Intangible assets	C4	2,144	2,025
Other non-current assets		43	57
Total non-current assets		31,632	27,126
Total assets		32,757	28,203
Current liabilities
Trade and other payables	C6	2,751	2,361
Other liabilities	C7	24	20
Other financial liabilities	C8	276	161
Provisions	C9	160	121
Total current liabilities		3,211	2,663
Non-current liabilities
Trade and other payables	C6	5	3
Other liabilities	C7	811	693
Other financial liabilities	C8	8,277	7,037
Provisions	C9	63	64
Borrowings	E2	13,053	5,531
Total non-current liabilities		22,209	13,328
Total liabilities		25,420	15,991
Net assets		7,337	12,212
Equity
Contributed equity	E1	29,500	29,500
Other reserves		7	4
Accumulated losses		(22,170)	(17,292)
Total equity		7,337	12,212

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

https://www.transparency.gov.au/annual-reports/nbn-co-limited/reporting-year/2018-2019-35