McConnell Dowell 2018 Annual Review

40 26. Interests in Subsidiaries (cont.) 2018 2017 All figures are in A$ 000’s CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2018 Current assets Cash & cash equivalents 64,375 59,148 Trade and other receivables 187,247 290,153 Inventories 76 219 TOTAL CURRENT ASSETS 251,698 349,520 Non-current assets Property, plant and equipment 17,747 19,036 Trade and other receivables 20,034 11,034 Investments in subsidiaries 37,524 27,445 Deferred tax assets 41,754 42,137 TOTAL NON-CURRENT ASSETS 117,059 99,652 TOTAL ASSETS 368,757 449,172 Current liabilities Trade and other payables 181,766 184,369 Interest bearing loans and borrowings 6,954 5,757 Non interest bearing loans and borrowings - shareholder loan* 10,000 170,000 Provisions 20,287 83,479 TOTAL CURRENT LIABILITIES 219,007 443,605 Non-current liabilities Trade and other payables 8,005 19,704 Interest bearing loans and borrowings 1,468 954 Provisions 3,649 4,014 Total non-current liabilities 13,122 24,672 Total liabilities 232,129 468,277 NET ASSETS 136,628 (19,105) Equity Contributed equity 257,765 110,765 Reserves 9,010 8,984 Retained earnings (130,147) (138,854) TOTAL EQUITY 136,628 (19,105) Closed Group Share Issue On 15th September 2017 Aveng Limited approved the recapitalisation of $147m of the non-interest bearing shareholder loan into ordinary share capital. The following information is pro-forma financial information, and is provided as additional non-IFRS information: Notes to the Annual Financial Statements (continued) For the year ended 30 June 2018