NOTES

2007

2006

$000

$000

ASSETS

 

 

 

Cash and cash equivalents

36

52,182

1,146

Restricted cash and cash equivalents

21

638

694

Inventories

22

10,263

7,646

Receivables

23

14,270

12,584

Total Current Assets

 

77,353

22,070

 

 

 

 

Non-Current Assets

 

 

 

Amounts receivable for services

24

311,338

224,040

Infrastructure, property, plant, equipment and vehicles

26

3,313,331

2,847,108

Intangible assets

27

438

735

Total Non-Current Assets

 

3,625,107

3,071,883

 

 

 

 

TOTAL ASSETS

 

3,702,460

3,093,953

 

 

 

 

LIABILITIES

 

 

 

Current Liabilities

 

 

 

Payables

29

64,652

98,877

Borrowings

30

222,823

1,122,678

Provisions

31

21,880

17,389

Other current liabilities

32

727

753

Derivatives

33

1,294

996

Deferred income operating lease

34

5,466

5,466

Total Current Liabilities

 

316,842

1,246,159

 

 

 

 

Non-Current Liabilities

 

 

 

Borrowings

30

635,343

598,794

Provisions

31

4,781

4,139

Deferred income operating lease

34

231,118

236,584

Total Non-Current Liabilities

 

871,242

839,517

 

 

 

 

Total Liabilities

 

1,188,084

2,085,676

 

 

 

 

NET ASSETS

 

2,514,376

1,008,277

 

 

 

 

EQUITY

 

 

 

Contributed equity

35

2,168,892

939,871

Reserves

35

263,029

26,913

Accumulated surplus

35

82,455

41,493

TOTAL EQUITY

 

2,514,376

1,008,277

The Balance Sheet should be read in conjunction with the accompanying notes.