Abacus Property Group – Annual Financial Report 2018
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CONSOLIDATED STATEMENT OF FINANCIAL POSITION<br />
AS AT 30 JUNE <strong>2018</strong><br />
ABACUS PROPERTY GROUP<br />
<strong>2018</strong> 2017<br />
Notes $'000 $'000<br />
CURRENT ASSETS<br />
Investment properties held for sale 5 209,606 8,000<br />
Inventory 6(a) 28,548 8,474<br />
<strong>Property</strong> loans 7(a) 212,509 72,597<br />
Cash and cash equivalents 9 103,256 56,267<br />
<strong>Property</strong>, plant and equipment held for sale 16 88,500 -<br />
Trade and other receivables 21,145 18,457<br />
Derivatives at fair value - 1,667<br />
Other 3,413 3,263<br />
TOTAL CURRENT ASSETS 666,977 168,725<br />
NON-CURRENT ASSETS<br />
Investment properties 5 1,726,394 1,563,523<br />
Inventory 6(b) 76,157 96,479<br />
<strong>Property</strong> loans 7(b) 117,782 274,070<br />
Equity accounted investments 8 154,890 167,248<br />
Deferred tax assets 4(c) 8,236 6,954<br />
<strong>Property</strong>, plant and equipment 16 4,800 84,734<br />
Other financial assets 7(c) 7,987 42,543<br />
Intangible assets and goodwill 21 32,394 32,394<br />
TOTAL NON-CURRENT ASSETS 2,128,640 2,267,945<br />
TOTAL ASSETS 2,795,617 2,436,670<br />
CURRENT LIABILITIES<br />
Trade and other payables 88,568 27,865<br />
Interest-bearing loans and borrowings 11(a) 38,765 -<br />
Derivatives at fair value 61 5,469<br />
Income tax payable 20,906 740<br />
Other 8,108 6,910<br />
TOTAL CURRENT LIABILITIES 156,408 40,984<br />
NON-CURRENT LIABILITIES<br />
Interest-bearing loans and borrowings 11(b) 693,742 549,184<br />
Derivatives at fair value 12,847 16,814<br />
Deferred tax liabilities 4(c) 12,218 10,358<br />
Other 3,700 4,709<br />
TOTAL NON-CURRENT LIABILITIES<br />
722,507 581,065<br />
TOTAL LIABILITIES 878,915 622,049<br />
NET ASSETS 1,916,702 1,814,621<br />
TOTAL EQUITY 1,916,702 1,814,621<br />
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