BALANCE SHEET
AS AT 30 JUNE 2016
2016
2015
Note
$’000
$’000
ASSETS
Current assets
Cash
8
1,136
360
Receivables
3(b), 9
183,031
165,688
Other
10
4,449
4,934
Total current assets
188,616
170,982
Non-current assets
Infrastructure, property, plant and equipment
12(a)
4,157,374
3,977,983
Intangible assets
11(a)
190,020
199,622
Defined benefit superannuation asset
1, 13(c)
1,755
4,426
Receivables
3(b), 9
1,372
910
Total non-current assets
4,350,521
4,182,941
TOTAL ASSETS
4,539,137
4,353,923
LIABILITIES
Current liabilities
Unearned income
16
21,191
23,122
Current tax payable
6(d)
10,150
4,912
Provisions
15
17,006
16,070
Payables
3(b), 14
90,190
96,758
Borrowings
3(a)
230,806
230,700
Total current liabilities
369,343
371,562
Non-current liabilities
Provisions
17
2,109
1,998
Unearned income
16
7,986
7,953
Net deferred tax
1, 6(e)
663,784
674,938
Borrowings
3(a)
1,940,100
1,778,300
Total non-current liabilities
2,613,979
2,463,189
TOTAL LIABILITIES
2,983,322
2,834,751
NET ASSETS
1,555,815
1,519,172
EQUITY
Contributed equity
18
468,697
477,297
Retained earnings
1, 20
230,171
199,510
Asset revaluation reserve
19
856,947
842,365
TOTAL EQUITY
1,555,815
1,519,172
The above Balance Sheet should be read in conjunction with the accompanying notes.
YARRA VALLEY WATER ANNUAL REPORT 2015-16
43