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NBN Co Limited Annual Report 2019-20

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.

https://www.transparency.gov.au/annual-reports/nbn-co-limited/reporting-year/2019-20-17