2001 Annual Report - OneSteel

Statement of Financial PositionAT 30 JUNEConsolidatedParentNote 2001 2000 2001 2000$m $m $m $mCurrent AssetsCash assets 26 14.1 20.3 – –Receivables 6 432.9 614.5 14.9 28.9Other financial assets 7 128.6 – – –Inventories 8 530.1 326.8 – –Other 9 46.2 8.9 – –Total Current Assets 1,151.9 970.5 14.9 28.9Non-Current AssetsOther financial assets 10 9.2 9.0 1,161.7 1,047.9Inventories 11 10.2 – – –Property, plant and equipment 12 1,224.2 518.3 – –Intangibles 13 234.4 167.1 – –Deferred tax assets 14 62.1 28.9 – –Other 15 18.8 – – –Total Non-Current Assets 1,558.9 723.3 1,161.7 1,047.9Total Assets 2,710.8 1,693.8 1,176.6 1,076.8Current LiabilitiesPayables 16 444.4 1,275.0 – 1,001.9Interest bearing liabilities 17 154.8 37.9 – –Tax liabilities – 21.6 0.2 0.3Other provisions 18 158.6 60.3 13.8 –Total Current Liabilities 757.8 1,394.8 14.0 1,002.2Non-Current LiabilitiesInterest bearing liabilities 19 621.7 3.9 – –Deferred tax liabilities 20 136.7 30.2 – –Other provisions 21 78.4 36.1 – –Total Non-Current Liabilities 836.8 70.2 – –Total Liabilities 1,594.6 1,465.0 14.0 1,002.2Net Assets 1,116.2 228.8 1,162.6 74.6EquityContributed equity 22 995.0 59.1 995.0 59.1Reserves 23 1.8 (1.4) – –Retained profits 24 67.3 123.6 167.6 15.5Parent entity interest 1,064.1 181.3 1,162.6 74.6Outside equity interest 25 52.1 47.5 – –Total Equity 1,116.2 228.8 1,162.6 74.6The accompanying notes form an integral part of this statement of financial position.5