Statement of Financial Position

	Note	2011 $000	2010 $000

ASSETS
Current Assets
Cash and cash equivalents	34	66,608	54,055
Restricted cash and cash equivalents	20	28,239	0
Inventories	21	12,846	13,751
Receivables	22	21,546	18,515
Amounts receivable for services	23	47,692	0
Non-current assets classified as held for sale	26	15,885	12,591
Total Current Assets		192,816	98,912

Non-Current Assets
Amounts receivable for services	23	855,537	741,100
Infrastructure, property, plant, equipment and vehicles	24	5,137,088	5,128,102
Intangible assets	25	3,014	4,619
Total Non-Current Assets		5,995,639	5,873,821
TOTAL ASSETS		6,188,455	5,972,733

LIABILITIES
Current Liabilities
Payables	28	105,365	81,935
Borrowings	29	78,382	79,651
Provisions	30	35,224	23,547
Other current liabilities	31	1,254	1,879
Deferred income operating lease	32	5,466	5,466
Total Current Liabilities		225,691	192,478

Non-Current Liabilities
Borrowings	29	1,156,826	1,081,299
Provisions	30	8,505	7,205
Deferred income operating lease	32	209,255	214,721
Total Non-Current Liabilities		1,374,586	1,303,225
Total Liabilities		1,600,277	1,495,703
NET ASSETS		4,588,178	4,477,030

EQUITY	33
Contributed equity		2,557,005	2,414,434
Reserves		1,958,313	1,951,771
Accumulated surplus		72,860	110,825
TOTAL EQUITY		4,588,178	4,477,030

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