Qantas 2016 Annual Report Download - page 88

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Notes to the Financial Statements continued
For the year ended 30 June 2016
25 DEED OF CROSS GUARANTEE CONTINUED
(B) CONSOLIDATED CONDENSED BALANCE SHEET
2016
$M
2015
$M
CURRENT ASSETS
Cash and cash equivalents 1,833 2,759
Receivables 993 1,234
Other financial assets 229 613
Inventories 336 322
Assets classified as held for sale 17 136
Other 92 102
Total current assets 3,500 5,166
NON-CURRENT ASSETS
Receivables 1,195 1,406
Other financial assets 46 49
Investments 261 268
Property, plant and equipment 11,622 10,682
Intangible assets 817 702
Deferred tax asset 38 330
Other 229 292
Total non-current assets 14,208 13,729
Total assets 17,70 8 18,895
CURRENT LIABILITIES
Payables 2,039 2,000
Revenue received in advance 3,450 3,505
Interest-bearing liabilities 565 924
Other financial liabilities 203 414
Provisions 848 799
Total current liabilities 7,10 5 7,6 42
NON-CURRENT LIABILITIES
Revenue received in advance 1,521 1,359
Interest-bearing liabilities 5,478 6,056
Other financial liabilities 61 68
Provisions 362 329
Total non-current liabilities 7,422 7,812
Total liabilities 14,527 15,454
Net assets 3,181 3,441
EQUITY
Issued capital 3,625 4,630
Treasury shares (50) (7)
Reserves (219) (36)
Retained earnings (175) (1,146)
Equity attributable to members of Qantas 3,181 3,441
Non-controlling interests – –
Total equity 3,181 3,441
86
QANTAS ANNUAL REPORT 2016