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Washington H. Soul Pattinson and Company Limited
Annual Report 2016
52
Consolidated Statement of Financial Position
as at 31 July 2016
Notes
31 July 2016
31 July 2015
$’000
$’000
Current assets
Cash and cash equivalents
14
126,709
59,424
Term deposits
13
47,660
1,217,011
Trade and other receivables
28
116,775
75,348
Inventories
29
79,039
72,870
Trading equities
11
31,605
21,300
Derivative financial instruments
22
2,313
–
Current tax asset
1,486
–
Total current assets
405,587
1,445,953
Non-current assets
Trade and other receivables
28
30,187
4,299
Equity accounted associates
10
1,265,214
1,088,592
Long term equity investments
11
585,703
615,645
Other financial assets
11
11,837
5,425
Investment properties
12
92,932
20,720
Property, plant and equipment
25
1,388,735
584,703
Exploration and evaluation assets
26
402,298
407,831
Deferred tax assets
19
56,076
59,309
Intangible assets
27
60,478
20,538
Total non-current assets
3,893,460
2,807,062
Total assets
4,299,047
4,253,015
Current liabilities
Trade and other payables
30
75,831
49,329
Interest bearing liabilities
23
52,167
47,347
Derivative financial instruments
22
167
23,144
Current tax liabilities
1,677
4,903
Provisions
31
50,066
36,675
Total current liabilities
179,908
161,398
Non-current liabilities
Interest bearing liabilities
23
35,558
104
Deferred tax liabilities
19
240,038
253,042
Provisions
31
96,892
64,036
Total non-current liabilities
372,488
317,182
Total liabilities
552,396
478,580
Net assets
3,746,651
3,774,435
Equity
Share capital
5
43,232
43,232
Reserves
4
623,684
661,279
Retained profits
2,372,467
2,322,067
Parent entity interest
3,039,383
3,026,578
Non-controlling interest
707,268
747,857
Total equity
3,746,651
3,774,435
The above consolidated statement of financial position should be read in conjunction with the accompanying notes.