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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.