Balance Sheet

as at 30 June 2009

	NOTES	2009 $000	2008 $000
ASSETS
Current Assets
Cash and cash equivalents	35	59,307	54,093
Restricted cash and cash equivalents	20	1,930	509
Inventories	21	17,035	11,253
Receivables	22	21,215	22,086
Derivatives	32	0	5
Total Current Assets		99,487	87,946

Non-Current Assets
Amounts receivable for services	23	578,793	430,814
Infrastructure, property, plant, equipment and vehicles	25	4,007,793	3,856,609
Intangible assets	26	694	279
Total Non-Current Assets		4,587,280	4,287,702
TOTAL ASSETS		4,686,767	4,375,648

LIABILITIES
Current Liabilities
Payables	28	79,527	89,113
Borrowings	29	59,886	134,850
Provisions	30	23,299	18,478
Other current liabilities	31	2,180	594
Deferred income operating lease	33	5,466	5,466
Total Current Liabilities		170,358	248,501
Non-Current Liabilities
Borrowings	29	1,016,749	768,635
Provisions	30	6,791	6,060
Deferred income operating lease	33	220,187	225,652
Total Non-Current Liabilities		1,243,727	1,000,347
Total Liabilities		1,414,085	1,248,848
NET ASSETS		3,272,682	3,126,800

EQUITY
Contributed equity	34	2,358,397	2,233,737
Reserves	34	820,115	794,888
Accumulated surplus	34	94,170	98,175
TOTAL EQUITY		3,272,682	3,126,800

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