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92 Independence Group NL
CONSOLIDATED BALANCE SHEET
AS AT 30 JUNE 2015
Consolidated balance sheet
As at 30 June 2015
Notes
2015
$'000
Restated*
2014
$'000
Restated*
1 July
2013
$'000
ASSETS
Current assets
Cash and cash equivalents
13
121,296
56,972
27,215
Trade and other receivables
14
22,086
30,070
24,159
Inventories
15
40,298
40,383
22,760
Financial assets at fair value through profit or loss
16
15,574
858
1,092
Derivative financial instruments
25
4,981
2,519
6,946
Total current assets
204,235
130,802
82,172
Non-current assets
Receivables
17
18
57
604
Inventories
15
24,979
8,803
-
Property, plant and equipment
18
47,244
47,230
36,278
Mine properties
19
303,300
329,279
319,690
Exploration and evaluation expenditure
20
109,930
111,583
115,379
Deferred tax assets
10
130,517
152,395
152,261
Intangible assets
21
-
-
179
Derivative financial instruments
25
-
658
1,981
Total non-current assets
615,988
650,005
626,372
TOTAL ASSETS
820,223
780,807
708,544
LIABILITIES
Current liabilities
Trade and other payables
22
45,091
46,855
53,599
Borrowings
26
510
3,508
6,030
Derivative financial instruments
25
2,384
6,381
1,910
Provisions
23
2,659
2,557
2,446
Total current liabilities
50,644
59,301
63,985
Non-current liabilities
Borrowings
26
-
24,854
11,524
Derivative financial instruments
25
717
-
-
Provisions
24
29,387
25,545
21,724
Deferred tax liabilities
10
73,980
61,602
41,249
Total non-current liabilities
104,084
112,001
74,497
TOTAL LIABILITIES
154,728
171,302
138,482
NET ASSETS
665,495
609,505
570,062
EQUITY
Contributed equity
27
737,324
735,060
734,007
Reserves
28
16,191
13,476
14,332
Accumulated losses
28
(88,020)
(139,031)
(178,277)
TOTAL EQUITY
665,495
609,505
570,062
* Refer to note 3 for details about restatements for the voluntary change in accounting policy.
The above consolidated balance sheet should be read in conjunction with the accompanying notes.
Independence Group NL
28