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Notes to the Consolidated Financial Statements
30 June 2013
82 BRADKEN LIMITED ANNUAL REPORT 2013
Notes to the consolidated financial statements
30 June 2013
(continued)
31 Deed of cross guarantee (continued)
(b) Balance sheet
2013
2012
$'000
$'000
Current assets
Cash and cash equivalents
37,150
63,904
Receivables
380,624
459,831
Other receivables and other assets
453
402
Inventories
92,064
150,055
Current tax assets
10,550
6,945
Derivative financial instruments
12,897
-
Total current assets
533,738
681,137
Non-current assets
Receivables
-
68
Other financial assets
369,497
369,204
Investments accounted for using the equity method
49,261
38,521
Property, plant and equipment
236,770
234,705
Intangible assets
64,744
58,306
Deferred tax assets
-
12,189
Total non-current assets
720,272
712,993
Total assets
1,254,010
1,394,130
Current liabilities
Payables
50,452
108,507
Borrowings
3,226
3,584
Current tax liabilities
-
21
Provisions
40,924
35,507
Derivative financial instruments
2,310
3,650
Total Current Liabilities
96,912
151,269
Non-current liabilities
Borrowings
490,816
542,108
Deferred tax liabilities
250
-
Provisions
5,957
5,259
Total non-current liabilities
497,023
547,367
Total liabilities
593,935
698,636
Net assets
660,075
695,494
Equity
Contributed equity
542,082
538,569
Reserves
9,279
4,847
Retained profits
108,714
152,078
Total equity
660,075
695,494
Set out below is a consolidated balance sheet as at 30 June 2013 for the Closed Group outlined above.
Page 82
Bradken Limited