95
FLEXIGROUP LIMITED FINANCIAL REPORT 2011
(b) Consolidated balance sheet
Set out below is a consolidated balance sheet as at 30 June 2011 of the Closed Group consisting of FlexiGroup Limited,
FlexiGroup Subco Pty Limited, Flexirent Holdings Pty Limited, Flexirent Capital Pty Limited, Flexicare Claims Management
Pty Limited, FlexiGroup Management Pty Limited (formerly FlexiGroup Assets Holding Pty Ltd), Flexirent SPV
Number 1 Pty Limited, Flexirent SPV Number 3 Pty Limited and Certegy Ezi-pay Pty Ltd.
2011
2010
$’000
$’000
Assets
Current assets
Cash and cash equivalents
18,204
34,576
Current tax receivable
–
21,114
Receivables and customer loans
40,735
34,732
Total current assets
58,939
90,422
Non-current assets
Receivables and customer loans
33,364
23,929
Plant and equipment
3,198
3,633
Deferred tax assets
5,232
5,299
Goodwill
79,876
79,876
Other intangible assets
17,292
14,568
Other fnancial assets
41,906
3,968
Total non-current assets
180,868
131,273
Total assets
239,807
221,695
Liabilities
Current liabilities
Payables
26,902
44,475
Borrowings
29,242
4,814
Current tax liability
17,620
–
Provisions
3,567
1,017
Total current liabilities
77,331
50,306
Non-current liabilities
Borrowings
6,358
15,000
Deferred tax liabilities
22,605
19,304
Provisions
441
609
Total non-current liabilities
29,404
34,913
Total liabilities
106,735
85,219
Net assets
133,072
136,476
Equity
Contributed equity
79,689
78,029
Reserves
1,189
(451)
Retained profts
52,194
58,898
Total equity
133,072
136,476