Statement of Financial Position

As at 30 June 2012

	Note	2012 $000	2011 $000
Assets
Current Assets
Cash and cash equivalents	33	48,138	66,608
Restricted cash and cash equivalents	19	30,595	28,239
Inventories	20	13,147	12,846
Receivables	21	26,291	21,546
Amounts receivable for services	22	24,836	47,692
Non-current assets classified as held for sale	25	12,100	15,885
Total Current Assets		155,107	192,816

Non-Current Assets
Restricted cash and cash equivalents	19	2,984	0
Amounts receivable for services	22	1,003,301	855,537
Infrastructure, property, plant, equipment and vehicles	23	5,261,107	5,137,088
Intangible assets	24	1,599	3,014
Total Non-Current Assets		6,268,991	5,995,639
Total Assets		6,424,098	6,188,455

Liabilities
Current Liabilities
Payables	27	97,789	105,365
Borrowings	28	59,918	78,382
Provisions	29	42,219	35,267
Other current liabilities	30	211	1,254
Deferred income operating lease	31	5,466	5,466
Total Current Liabilities		205,603	225,734

Non-Current Liabilities
Borrowings	28	1,258,651	1,156,826
Provisions	29	7,966	8,462
Deferred income operating lease	31	203,789	209,255
Total Non-Current Liabilities		1,470,406	1,374,543
Total Liabilities		1,676,009	1,600,277
Net Assets		4,748,089	4,588,178

Equity	32
Contributed equity		2,760,107	2,557,005
Reserves		1,977,497	1,958,313
Accumulated surplus		10,485	72,860
Total Equity		4,748,089	4,588,178

The Statement of Financial Position should be read in conjunction with the accompanying notes.