BROADENING OUR HORIZONS - Arrium

Balance SheetBalance SheetAS AT 30 JUNEASSETSNotesCONSOLIDATEDCurrent assetsCash and cash equivalents 24 153.7 83.4Receivables 7 925.0 829.3Derivative financial instruments 8 3.0 5.0Inventories 9 1,604.7 1,433.0Other financial assets 10 1.5 –Other current assets 15 19.7 13.6Total current assets 2,707.6 2,364.3Non-current assetsInvestments accounted for using the equity method 11 13.1 6.6Derivative financial instruments 8 41.6 16.8Other financial assets 10 — 2.5Other non-current assets 15 14.1 1.8Property, plant and equipment 12 2,579.3 2,302.3Mine development expenditure 13 207.3 172.2Other intangibles and goodwill 14 2,590.7 2,070.0Deferred tax assets 5 161.4 131.2Total non-current assets 5,607.5 4,703.4TOTAL ASSETS 8,315.1 7,067.7LIABILITIESCurrent liabilitiesPayables 16 1,007.3 863.1Derivative financial instruments 8 31.2 3.7Interest-bearing liabilities 17 72.6 331.9Current tax liabilities 27.8 11.1Provisions 18 292.2 278.8Total current liabilities 1,431.1 1,488.6Non-current liabilitiesDerivative financial instruments 8 72.3 51.4Interest-bearing liabilities 17 1,809.5 715.2Deferred tax liabilities 5 290.1 201.8Provisions 18 206.4 118.0Total non-current liabilities 2,378.3 1,086.4TOTAL LIABILITIES 3,809.4 2,575.0NET ASSETS 4,505.7 4,492.7EQUITYContributed equity 20 3,761.6 3,751.1Retained earnings 21 770.7 700.4Reserves 22 (86.5) (19.0)Parent interests 4,445.8 4,432.5Non-controlling interests 59.9 60.2TOTAL EQUITY 4,505.7 4,492.72011$m2010$m63The accompanying notes form an integral part of the financial statements.