Page 49 - FlexigroupAR10

47
FLEXIGROUP LIMITED FINANCIAL REPORT 2011 AS AT 30 JUNE 2011
Consolidated Balance Sheet
Consolidated
2011 2010
Notes $’000 $’000
Assets
Current assets
Cash and cash equivalents 7 55,99474,844
Receivables 8 229,574 215,116
Customer loans 9 175,603 144,606
Inventories 10 258 977
Current tax receivable 11 – 19,179
Total current assets 461,429454,722
Non-current assets
Receivables 12 221,704 191,485
Customer loans 13 110,152 70,037
Plant and equipment 14 3,385 3,682
Deferred tax assets 15 8,419 8,801
Goodwill 16 79,876 79,876
Other intangible assets 17 17,492 14,851
Total non-current assets 441,028368,732
Total assets 902,457823,454
Liabilities
Current liabilities
Payables 18 29,68640,944
Borrowings 19 324,494292,847
Current tax liability 20 11,357 –
Provisions 21 3,782 3,206
Total current liabilities 369,319336,997
Non-current liabilities
Borrowings 22 265,626249,987
Deferred tax liabilities 23 33,63830,233
Provisions 24 470 609
Derivative fnancial instruments 25 228 –
Total non-current liabilities 299,962280,829
Total liabilities 669,281617,826
Net assets 233,176205,628
Equity
Contributed equity 26 76,64574,984
Reserves 27(a) (402) (708)
Retained profts 27(b) 156,933 131,352
Total equity 233,176205,628
The above consolidated balance sheet should be read in conjunction with the accompanying notes.