MIRVAC gRoup AnnuAl RepoRt 2012 - Mirvac - Mirvac Group

ConsolIDAteD stAteMent of fInAnCIAl posItIon
At 30 June 2012
42 mirvac group annual report 2012
2012 2011
Note $m $m
current assets
Cash and cash equivalents 39 77.3 673.1
Receivables 8 132.3 197.3
Derivative financial assets 9 — 0.2
Current tax assets 6 — 0.7
Inventories 10 403.9 549.5
other financial assets at fair value through profit or loss 11 12.7 15.5
other assets 12 17.7 23.4
643.9 1,459.7
Assets classified as held for sale and discontinued operations 13 — 3.4
total current assets 643.9 1,463.1
non-current assets
Receivables 8 117.2 125.6
Inventories 10 1,048.9 988.6
Investments accounted for using the equity method 14 357.4 439.8
Derivative financial assets 9 — 3.3
other financial assets 15 51.5 —
Investment properties 16 5,488.5 5,442.0
Property, plant and equipment 17 307.4 359.3
Intangible assets 18 65.7 74.7
Deferred tax assets 6 330.1 241.9
total non-current assets 7,766.7 7,675.2
total assets 8,410.6 9,138.3
current liabilities
Payables 19 372.4 469.2
Borrowings 20 2.9 583.1
Derivative financial liabilities 21 15.0 1.7
Provisions 22 89.8 83.0
Current tax liabilities 6 0.2 —
other liabilities 23 0.5 2.5
total current liabilities 480.8 1,139.5
non-current liabilities
Payables 19 46.1 5.9
Borrowings 20 1,822.1 2,153.2
Derivative financial liabilities 21 170.6 142.1
Deferred tax liabilities 6 132.7 97.2
Provisions 22 3.6 4.7
total non-current liabilities 2,175.1 2,403.1
total liabilities 2,655.9 3,542.6
net assets 5,754.7 5,595.7
equity
Contributed equity 24 6,334.7 6,327.4
Reserves 25 64.2 125.9
Retained earnings 26 (644.2) (870.1)
equity, reserves and retained earnings attributable to the stapled securityholders of Mirvac 5,754.7 5,583.2
NCI 27 — 12.5
Total equity 5,754.7 5,595.7
The above consolidated statement of financial position (“SoFP”) should be read in conjunction with the accompanying notes.