Defence Materiel Organisation
BALANCE SHEET
as at 30 June 2008

  Notes 2008
$'000
2007
$'000
ASSETS
Financial Assets
Cash and cash equivalents 5A 32,119 21,967
Trade and other receivables 5B 1,088,556 627,810
Total financial assets   1,120,675 649,777
Non-Financial Assets      
Property, plant and equipment 6A 10,274 11,136
Intangibles 6B 5,315 5,707
Other non-financial assets 6D 1,377,830 1,279,015
Total non-financial assets   1,393,419 1,295,858
Total Assets   2,514,094 1,945,635
 
LIABILITIES
Payables
Suppliers 7A 1,142,323 840,040
Other payables 7B 994,143 782,574
Total payables   2,136,466 1,622,614
Provisions      
Employee provisions 8 150,464 138,438
Total provisions   150,464 138,438
Total Liabilities   2,286,930 1,761,052
       
Net Assets   227,164 184,583
 
EQUITY
Contributed equity   141,724 141,724
Retained surpluses (accumulated deficits)   85,440 42,859
Total Equity   227,164 184,583
 
Current Assets   2,054,289 1,659,783
Non-Current Assets   459,805 285,852
Current Liabilities   1,988,483 1,480,191
Non-Current Liabilities   298,447 280,861

The above statement should be read in conjunction with the accompanying notes.