IGO Interactive Annual Report 2018

Notes to the consolidated financial statements 30 June 2018 (continued) 29 Deed of cross guarantee (continued) (b) Consolidated balance sheet (continued) 2018 $'000 2017 $'000 ASSETS Current assets Cash and cash equivalents 136,276 35,215 Trade and other receivables 81,238 56,354 Inventories 45,247 22,900 Financial assets at fair value through profit or loss 22,376 15,339 Derivative financial instruments 1,990 657 Total current assets 287,127 130,465 Non-current assets Receivables 29,485 4 Property, plant and equipment 14,140 22,726 Mine properties 1,250,298 1,409,430 Exploration and evaluation expenditure 34,600 39,850 Deferred tax assets 203,995 247,576 Investments in controlled entities 161,581 161,581 Investments in joint ventures 343,416 311,457 Total non-current assets 2,037,515 2,192,624 TOTAL ASSETS 2,324,642 2,323,089 LIABILITIES Current liabilities Trade and other payables 107,284 66,495 Borrowings 56,226 56,226 Derivative financial instruments - 965 Provisions 5,324 15,259 Total current liabilities 168,834 138,945 Non-current liabilities Borrowings 84,589 140,815 Derivative financial instruments - 251 Provisions 41,528 52,916 Deferred tax liabilities 86,816 92,398 Total non-current liabilities 212,933 286,380 TOTAL LIABILITIES 381,767 425,325 NET ASSETS 1,942,875 1,897,764 EQUITY Contributed equity 1,879,094 1,878,469 Other reserves 14,733 13,449 Retained earnings 49,048 5,846 TOTAL EQUITY 1,942,875 1,897,764 Independence Group NL 58 122 — IGO ANNUAL REPORT 2018 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 30 JUNE 2018