McConnell Dowell 2018 Annual Review

McConnell Dowell Financial Statements 2018 9 Statement of Financial Position For the year ended 30 June 2018 All figures are in A$ 000’s Note 2018 2017 ASSETS Current assets Cash & cash equivalents 9 141,762 120,443 Inventories 7 1,940 918 Asset held for sale 13 9,776 - Trade and other receivables 8 294,464 355,230 Prepayments 1,222 1,160 Income tax receivable 1,959 1,023 TOTAL CURRENT ASSETS 451,123 478,774 Non-current assets Property, plant and equipment 10 40,280 59,878 Investment in and loans to associates and others 11 2,908 5,209 Deferred tax assets 14 52,966 53,006 TOTAL NON-CURRENT ASSETS 96,154 118,093 TOTAL ASSETS 547,277 596,867 LIABILITIES Current liabilities Trade and other payables 15 310,310 308,404 Other current liabilities 16 - 10,000 Non interest bearing shareholder loan 19 10,000 170,000 Interest bearing loans and borrowings 17 11,779 10,386 Provisions 18 29,390 67,000 TOTAL CURRENT LIABILITIES 361,479 565,790 Non-current liabilities Interest bearing loans and borrowings 17 8,383 11,221 Provisions 18 4,145 4,477 Other liabilities - 8 TOTAL NON-CURRENT LIABILITIES 12,528 15,706 TOTAL LIABILITIES 374,007 581,496 NET ASSETS 173,270 15,371 Equity Contributed equity 23 257,765 110,765 Reserves 24 1,828 (1,193) Retained earnings 25 (86,652) (94,458) Parent interests 172,941 15,114 Non-controlling interests 26 329 257 TOTAL EQUITY 173,270 15,371 The above Statement of Financial Position is to be read in conjunction with the accompanying notes Consolidated McConnell Dowell Annual R vi w 2018 45