AS AT 30 JUNE 2011
96
Notes to the Financial Statements (continued)
40.Events occurring after the reporting period
There have been no signifcant events occurring after the end of the reporting period.
41. Parent entity fnancial information
(a) Summary fnancial information
The individual fnancial statements for the parent entity show the following aggregate amounts:
2011
2010
$’000
$’000
Balance sheet
Current assets
65,977
50,860
Total assets
256,083
239,786
Current liabilities
7,084
–
Total liabilities
7,084
–
Shareholders Equity
Issued share capital
487,294
483,929
Share-based payment reserve
(358)
1,303
Retained earnings
(237,937)
(245,446)
248,999
239,786
Proft for the year
33,688
18,000
Total comprehensive income
33,688
18,000
(b) Guarantees entered into by the parent entity
There are cross guarantees given by 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 as described in note 39. No defciencies of assets exist in any of these entities.
No liability was recognised by the parent entity or the consolidated entity in relation to the above guarantee as the fair value
of the guarantee is immaterial.
(c) Contingent liabilities and contractual commitments of the parent entity
The parent entity has no contingent liabilities or contractual commitments as at 30 June 2011.