Queensland University of Technology 2011 Annual Report - QUT

Queensland University of TechnologyStatement of financial positionAs at 31 December 2011ConsolidatedParent entity2011Restated31/12/2010Restated01/01/2010 2011Restated31/12/2010Restated01/01/2010Notes $'000 $'000 $'000 $'000 $'000 $'000AssetsCurrent assetsCash and cashequivalents 16 88,281 101,279 77,248 86,069 98,901 74,829Receivables 17 47,125 57,075 45,885 46,712 56,826 45,747Inventories 18 3,240 3,380 5,045 3,244 3,381 5,042Other financial assets 19 171,535 175,651 179,953 171,445 175,579 179,953Non-current assetsclassified as held forsale 21 - 15,729 - - 15,729-Total current assets310,181 353,114 308,131 307,470 350,416 305,571Non-current assetsReceivables 17 30,707 23,637 21,418 30,700 23,630 21,418Other financial assets 19 36,437 37,106 28,946 38,495 39,316 30,942Property, plant andequipment 22 926,789 839,514 865,172 926,738 839,418 865,073Intangible assets 23 34,675 36,127 29,753 34,665 36,127 29,753Total non-currentassets1,028,608 936,384 945,289 1,030,598 938,491 947,186Total assets1,338,789 1,289,498 1,253,420 1,338,068 1,288,9071,252,757LiabilitiesCurrent liabilitiesTrade and otherpayables 24 32,854 40,722 35,993 32,286 40,351 35,297Provisions 26 55,380 46,733 44,377 55,278 46,648 44,287Other liabilities 27 20,777 42,178 15,525 20,777 42,178 15,488Total current liabilities109,011 129,633 95,895 108,341 129,177 95,072Non-current liabilitiesTrade and otherpayables 24 150 282 - - - -Borrowings 25 13,499 7,948 6,693 13,499 7,948 6,693Provisions 26 16,671 15,608 12,625 16,642 15,589 12,611Other liabilities 27 4,431 4,792 5,075 4,431 4,786 5,062Total non-currentliabilities34,751 28,630 24,393 34,572 28,323 24,366Total liabilitiesNet assets143,762 158,263 120,288 142,913 157,5001,195,027 1,131,235 1,133,132 1,195,155 1,131,407119,4381,133,319EquityReserves 28(a) 361,386 359,114 404,373 361,276 358,823 404,373Retained earnings 28(b) 833,641 772,121 728,759 833,879 772,584 728,946Parent entity interest1,195,027 1,131,235 1,133,132 1,195,155 1,131,407 1,133,319Total equity1,195,027 1,131,235 1,133,132 1,195,155 1,131,4071,133,319The above statement of financial position should be read in conjunction with the accompanying notes.-4-PAGE 45 | QUT ANNUAL REPORT 2011