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62 Independence Group NL
Consolidated balance sheet
As at 30 June 2016
Notes
2016
$'000
2015
$'000
ASSETS
Current assets
Cash and cash equivalents
7
46,264
121,296
Trade and other receivables
8
30,900
22,086
Inventories
9
46,498
40,298
Financial assets at fair value through profit or loss
10
5,017
15,574
Derivative financial instruments
20
784
4,981
Total current assets
129,463
204,235
Non-current assets
Receivables
14
18
Inventories
9
31,995
24,979
Property, plant and equipment
13
47,309
47,244
Mine properties
14
1,470,851
303,300
Exploration and evaluation expenditure
15
107,533
109,930
Deferred tax assets
5
219,427
130,517
Derivative financial instruments
20
799
-
Total non-current assets
1,877,928
615,988
TOTAL ASSETS
2,007,391
820,223
LIABILITIES
Current liabilities
Trade and other payables
11
107,132
40,476
Borrowings
16
43,154
510
Derivative financial instruments
20
2,487
2,384
Provisions
12
6,901
7,274
Total current liabilities
159,674
50,644
Non-current liabilities
Borrowings
16
222,672
-
Derivative financial instruments
20
-
717
Provisions
12
68,305
29,387
Deferred tax liabilities
5
100,949
73,980
Total non-current liabilities
391,926
104,084
TOTAL LIABILITIES
551,600
154,728
NET ASSETS
1,455,791
665,495
EQUITY
Contributed equity
17
1,601,458
737,324
Reserves
18
12,873
16,191
Accumulated losses
(158,540)
(88,020)
TOTAL EQUITY
1,455,791
665,495
The above consolidated balance sheet should be read in conjunction with the accompanying notes.
Independence Group NL
34
CONSOLIDATED BALANCE SHEET
AS AT 30 JUNE 2016