Qantas 2004 Annual Report Download - page 57

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Qantas Group
Notes 2004 2003
$M $M
CURRENT ASSETS
Cash 335.9 121.9
Receivables 2,116.3 2,867.0
Net receivables under hedge/swap contracts 302.1 330.9
Inventories 375.5 430.3
Other 192.2 204.3
Total current assets 3,322.0 3,954.4
NON-CURRENT ASSETS
Receivables 304.6 176.5
Net receivables under hedge/swap contracts 997.0 1,014.9
Investments accounted for using the equity method 339.7 68.3
Other investments 110.1 101.9
Property, plant and equipment 12,256.6 11,432.5
Intangible assets 152.4 119.6
Deferred tax assets 0.9 44.7
Other 90.9 61.0
Total non-current assets 14,252.2 13,019.4
Total assets 617,574.2 16,973.8
CURRENT LIABILITIES
Payables 2,167.5 2,109.1
Interest-bearing liabilities 821.9 971.1
Net payables under hedge/swap contracts 250.8 46.6
Provisions 381.6 435.9
Current tax liabilities/(receivables) 30.1 (4.7)
Revenue received in advance 1,493.3 1,158.4
Deferred lease benefits/income 45.0 50.6
Total current liabilities 5,190.2 4,767.0
NON-CURRENT LIABILITIES
Interest-bearing liabilities 5,081.8 5,391.9
Net payables under hedge/swap contracts 131.6 340.9
Provisions 331.7 354.1
Deferred tax liabilities 806.9 603.0
Deferred lease benefits/income 191.7 254.8
Total non-current liabilities 6,543.7 6,944.7
Total liabilities 611,733.9 11,711.7
Net assets 5,840.3 5,262.1
EQUITY
Contributed equity 53,994.9 3,757.9
Reserves 54.4 54.0
Retained profits 31,776.3 1,435.9
Equity attributable to members of the Company 5,825.6 5,247.8
Outside equity interests in controlled entities 14.7 14.3
Total equity 55,840.3 5,262.1
The Statement of Financial Position should be read in conjunction with the Discussion and Analysis on page 56 and the Notes to the
Financial Statements on pages 59 to 77.
Statement of Financial Position
as at 30 June 2004
Qantas Annual Report 2004 55Spirit of Australia