162 Accounting: Business Reporting for Decision Making
The Qantas Group
Consolidated balance sheet as at 30 June 2015Notes2015
$m2014
$mCURRENT ASSETS
Cash and cash equivalents
Receivables
Other financial assets
Inventories
Assets classified as held for sale
Other10
11
26
12
13
182 908
959
613
322
136
1113 001
1 196
172
317
134
112
Total current assets 5 049 4 932
NON-CURRENT ASSETS
Receivables
Other financial assets
Investments accounted for using the equity method
Property, plant and equipment
Intangible assets
Deferred tax assets
Other11
26
14
15
16
17
18134
49
134
10 715
803
333
313158
34
143
10 500
741
548
262
Total non-current assets 12 481 12 386
Total assets 17 530 17 318CURRENT LIABILITIES
Payables
Revenue received in advance
Interest-bearing liabilities
Other financial liabilities
Provisions19
20
21
26
221 881
3 584
771
416
8181 851
3 406
1 210
182
876
Total current liabilities 7 470 7 525
NON-CURRENT LIABILITIES
Revenue received in advance
Interest-bearing liabilities
Other financial liabilities
Provisions20
21
26
221 359
4 791
68
3951 183
5 273
66
405Total non-current liabilities 6 613 6 927
Total liabilities 14 083 14 452
Net assets 3 447 2 866EQUITY
Issued capital
Treasury shares
Reserves
Retained earnings23234 630
(7
(66
(1 115)
)
)4 630
(16
(81
(1 671)
)
)
Equity attributable to the members of Qantas
Non-controlling interests3 442
52 862
4
Total equity 3 447 2 866The above consolidated balance sheet should be read in conjunction with the accompanying notes.
FIGURE 5.2 Consolidated balance sheet of the Qantas GroupSource: Qantas Airways Ltd 2015, annual report, p. 67.