Annual Report 2011 Australian Grand Prix Corporation

Balance Sheet as at 30 June 2011Note 2011 2010$000’s$000’sASSETSFinancial AssetsCash and deposits 6 20,411 19,865Receivables 7 4,808 7,900Derivatives 14 - 14,493Total Financial Assets 25,219 42,258Non-Financial AssetsInfrastructure, plant and equipment 9 14,234 9,064Intangible assets 10 346 64Total Non-Financial Assets 14,580 9,128TOTAL ASSETS 39,799 51,386LIABILITIESPayables 11 4,608 6,785Provisions 12 501 419Deferred income 13 5,582 2,949Derivatives 14 25,556 -TOTAL LIABILITIES 36,247 10,153NET ASSETS 3,552 41,233EQUITYContributed capital 15a 10,739 10,739Cashflow hedge reserve 15b (25,124) 10,334Asset revaluation reserve 15c 3,357 -Accumulated surplus 15d 14,580 20,160NET WORTH 3,552 41,233Commitments for expenditure 18Contingent assets and contingent liabilities 19The comprehensive operating statement is to be read in conjunction with the notes to andforming part of the financial statements set out on pages 28 to 67.Australian Grand Prix Corporation Annual Report 2011 25