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Statement of financial position

NBN Co Group

30 June 2020

30 June 2019

As at

Notes

$m

$m

Current assets

Cash and cash equivalents

C1

344

520

Trade and other receivables

C2

512

444

Inventories

-

39

Derivative financial assets

5

6

Other current asset

129

116

Total current assets

990

1,125

Non-current assets

Derivative financial assets

-

2

Property, plant and equipment

C3

33,738

29,443

Intangible assets

C4

2,093

2,144

Other non-current assets

29

43

Total non-current assets

35,860

31,632

Total assets

36,850

32,757

Current liabilities

Trade and other payables

C6

2,289

2,751

Other liabilities

C7

25

24

Lease liabilities

C8

415

276

Other financial liabilities

C9

1,000

-

Provisions

C10

213

160

Total current liabilities

3,942

3,211

Non-current liabilities

Trade and other payables

C6

1

5

Other liabilities

C7

847

811

Lease liabilities

C8

10,445

8,277

Provisions

C10

57

63

Related party borrowings

E2

19,458

13,053

Total non-current liabilities

30,808

22,209

Total liabilities

34,750

25,420

Net assets

2,100

7,337

Equity

Contributed equity

E1

29,500

29,500

Other reserves

9

7

Accumulated losses

(27,409)

(22,170)

Total equity

2,100

7,337

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