Untitled - Annual Report 2004 - The University of Western Australia

THE UNIVERSITY OF WESTERN AUSTRALIAStatement of Financial Positionas at 31 December 2004ConsolidatedUniversity2004 2003 2004 2003Note $’000 $’000 $’000 $’000Current AssetsCash Assets 21 31,154 53,930 30,947 53,406Inventories 22 627 518 627 461Receivables 23 23,036 18,760 22,880 18,362Other Assets 25 8,665 5,677 8,665 5,677Total Current Assets 63,482 78,885 63,119 77,906Non-current AssetsReceivables 23 557 404 557 404Restricted Investment Assets 24, 28 416,900 390,044 416,900 390,044Unrestricted Investment Assets 24 126,667 141,353 131,711 149,687Property, Plant and Equipment 26 710,261 634,285 710,261 633,388Intangible Assets 27 – 5,445 – –Total Non-current Assets 1,254,385 1,171,531 1,259,429 1,173,523Total Assets 1,317,867 1,250,416 1,322,548 1,251,429Current LiabilitiesPayables 29 2,977 3,862 2,889 3,638Interest Bearing Liabilities 30 – 106 – 17Non-interest Bearing Liabilities 31 57 77 57 77Provisions 32 32,500 25,834 32,488 25,804Other Liabilities 33 43,871 40,383 43,781 40,084Total Current Liabilities 79,405 70,262 79,215 69,620Non-current LiabilitiesInterest Bearing Liabilities 30 – 2,009 – 9Non-interest Bearing Liabilities 31 – 67 – –Provisions 32 29,654 27,884 29,654 27,884Total Non-current Liabilities 29,654 29,960 29,654 27,893Total Liabilities 109,059 100,222 108,869 97,513NET ASSETS 1,208,808 1,150,194 1,213,679 1,153,916EquityParent Entity InterestReserves 34 121,700 80,982 121,700 80,982Retained Profits 35 1,087,108 1,067,154 1,091,979 1,072,934Total Parent Entity Interest 1,208,808 1,148,136 1,213,679 1,153,916Outside Equity Interest 36 – 2,058 – –TOTAL EQUITY 1,208,808 1,150,194 1,213,679 1,153,916This Statement of Financial Position should be read in conjunction with the accompanying notes.45