Vector Annual Report 2019

BALANCE SHEET as at 30 June

2019 $M

2018 $M

NOTE

CURRENT ASSETS Cash and cash equivalents Trade and other receivables

27.6

21.3

27.9

100.1 105.2

11 5.2

104.5 105.5

Contract assets

8.4 1.9

Inventories

11.6

Intangible assets

1.0

52.4

Income tax

9

84.7

Total current assets

295.6

335.2

NON-CURRENT ASSETS Receivables

1.7

11 19

0.1

109.3

Derivatives

56.6

8.7

Investment in associate

12.2 12.4

8.1

15.6

Other investments Intangible assets

15.0

1,354.9 4,184.6

13 14

1,397.2 3,995.7

Property, plant and equipment (PPE)

38.1 52.3

Right of use assets (ROU)

15.1

– –

Income tax Deferred tax

9

0.2

10

0.1

Total non-current assets

5,765.4 6,061.0

5,472.8 5,808.0

Total assets

CURRENT LIABILITIES Trade and other payables

200.1

16 17 18 19 5.2

214.1

17.4

Provisions Borrowings Derivatives

24.4

481.3

224.2

4.9

65.8 44.4

48.4

Contract liabilities

7.2 0.8

Lease liabilities

15.2

Income tax

9

0.7

Total current liabilities

760.1

573.6

NON-CURRENT LIABILITIES Payables

1.8

16 17 18 19 5.2

0.2

27.4

Provisions Borrowings Derivatives

22.6

2,279.7

2,171.1

78.2 43.9 32.7

51.2 44.7

Contract liabilities

Lease liabilities

15.2

487.8

Deferred tax

10

486.7

Total non-current liabilities

2,951.5 3,711.6

2,776.5 3,350.1

Total liabilities

EQUITY Equity attributable to owners of the parent Non-controlling interests in subsidiaries

2,332.4

2,440.4

17.0

17.5

Total equity

2,349.4 6,061.0

2,457.9 5,808.0

Total equity and liabilities

97.8 52.2

Net tangible assets per share (cents)

22.3 22.3

104.2

Gearing ratio (%)

48.8

53 ―

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