Qantas 2014 Annual Report Download - page 110

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108
QANTAS ANNUAL REPORT 2014
NOTES TO THE FINANCIAL STATEMENTS CONTINUED
FOR THE YEAR ENDED 30 JUNE 2014
35. PARENT ENTITY DISCLOSURES FOR QANTAS AIRWAYS LIMITED (QANTAS) CONTINUED
Qantas
2014
$M
2013
Restated1
$M
CONDENSED BALANCE SHEET
Current assets
Cash and cash equivalents 2,897 2,655
Receivables 3,535 3,835
Inventories 232 292
Other 372 286
Total current assets 7,036 7,068
Non-current assets
Receivables 1,735 1,874
Property, plant and equipment 8,986 12,24 0
Intangible assets 419 382
Other 1,599 706
Total non-current assets 12,739 15,202
Total assets 19,775 22,270
Current liabilities
Payables 3,517 3,255
Revenue received in advance 2,847 2,515
Interest-bearing liabilities 1,389 1,020
Other 907 757
Total current liabilities 8,660 7,547
Non-current liabilities
Revenue received in advance 1,183 1,186
Interest-bearing liabilities 6,852 6,956
Other 434 959
Total non-current liabilities 8,469 9,101
Total liabilities 17,129 16,648
Net assets 2,646 5,622
Equity
Issued capital 4,630 4,693
Treasury shares (16) (43)
Reserves (50) 153
Retained earnings (1,918) 819
Total equity 2,646 5,622
1 Restatement for the impact of revised AASB 119 relating to defined benefit superannuation plans. Refer to Note 38.