Qantas 2003 Annual Report Download - page 45

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Qantas Group
Notes 2003 2002
$M $M
CURRENT ASSETS
Cash 121.9 112.5
Receivables 2,867.0 2,386.6
Net receivables under hedge/swap contracts 330.9 697.7
Inventories 430.3 385.4
Other 204.3 173.5
Total current assets 3,954.4 3,755.7
NON-CURRENT ASSETS
Receivables 176.5 240.0
Net receivables under hedge/swap contracts 1,014.9 1,398.0
Investments accounted for using the equity method 68.3 65.4
Other investments 101.9 8.9
Property, plant and equipment 11,432.5 9,109.5
Intangible assets 119.6 161.0
Deferred tax assets 44.7 34.7
Other 61.0 28.3
Total non-current assets 13,019.4 11,045.8
Total assets 16,973.8 14,801.5
CURRENT LIABILITIES
Payables 2,109.1 2,382.3
Interest-bearing liabilities 971.1 837.0
Net payables under hedge/swap contracts 46.6 430.8
Provisions 435.9 525.8
Current tax liabilities/(receivable) (4.7) 77.9
Revenue received in advance 1,158.4 1,285.2
Deferred lease benefits/income 50.6 42.4
Total current liabilities 4,767.0 5,581.4
NON-CURRENT LIABILITIES
Payables –33.7
Interest-bearing liabilities 5,391.9 3,569.9
Net payables under hedge/swap contracts 340.9 150.8
Provisions 354.1 351.0
Deferred tax liabilities 603.0 524.7
Deferred lease benefits/income 254.8 329.0
Other –7.5
Total non-current liabilities 6,944.7 4,966.6
Total liabilities 11,711.7 10,548.0
Net assets 5,262.1 4,253.5
EQUITY
Contributed equity 63,757.9 2,946.6
Reserves 54.0 56.3
Retained profits 41,435.9 1,239.1
Equity attributable to members of the Company 5,247.8 4,242.0
Outside equity interests in controlled entities 14.3 11.5
Total equity 65,262.1 4,253.5
The Statement of Financial Position should be read in conjunction with the Discussion and Analysis on page 44 and the Notes to the Financial Statements on pages
47 to 53
.
Spirit of Australia page 43
STATEMENT OF FINANCIAL POSITION
as at 30 June 2003