McConnell Dowell 2019 Annual Review

47 Annual Review 2019 All figures are in A$ 000’s Note 2019 2018 Assets Current assets Cash & cash equivalents 9 102,843 141,762 Inventories 7 4,019 1,940 Asset held for sale 13 - 9,776 Trade and other receivables 8 242,651 294,464 Prepayments 638 1,222 Income tax receivable 3,349 1,959 Total current assets 353,500 451,123 Non-current assets Property, plant and equipment 10 51,569 40,280 Investment in and loans to associates and others 11 - 2,908 Deferred tax assets 14 53,308 52,966 Total non-current assets 104,877 96,154 Total assets 458,377 547,277 Liabilities Current liabilities Trade and other payables 15 237,590 310,310 Non interest bearing shareholder loan 19 - 10,000 Interest bearing loans and borrowings 17 12,347 11,779 Provisions 18 30,007 29,390 Total current liabilities 279,944 361,479 Non-current liabilities Interest bearing loans and borrowings 17 5,687 8,383 Provisions 18 3,593 4,145 Total non-current liabilities 9,280 12,528 Total liabilities 289,224 374,007 Net assets 169,153 173,270 Equity Issued Capital 23 267,765 257,765 Reserves 24 5,561 1,828 Retained earnings 25 (104,321) (86,652) Parent interests 169,005 172,941 Non-controlling interests 26 148 329 Total equity 169,153 173,270 The above Statement of Financial Position is to be read in conjunction with the accompanying notes Statement of Financial Position as at 30 June 2019 Consolidated