CSL Ltd Annual Report 2019

CSL Limited Annual Report 2019 127 Balance Sheet 2019 US$m 2018 US$m Current Assets Cash and cash equivalents 13.6 270.0 Trade and other receivables 386.2 181.6 Inventories 205.1 196.4 Total Current Assets 604.9 648.1 Non-current assets Trade and other receivables 40.9 5.6 Other financial assets 14,627.2 15,176.9 Property, plant and equipment 723.6 673.5 Deferred tax assets 56.1 25.3 Intangible assets 29.9 32.7 Retirement benefit assets 1.3 4.2 Total Non-Current Assets 15,479.0 15,917.3 Total assets 16,083.9 16,565.4 Current liabilities Trade and other payables 71.1 211.1 Provisions 47.8 45.6 Deferred government grants 2.7 2.9 Total Current Liabilities 121.6 259.5 Non-current liabilities Trade and other payables 325.4 9.1 Interest-bearing liabilities and borrowings 1,207.7 1,238.5 Provisions 8.0 7.7 Deferred government grants 30.9 34.1 Total Non-Current Liabilities 1,572.0 1,289.5 Total liabilities 1,693.6 1,549.1 Net assets 14,390.3 15,016.3 Equity Contributed equity (3,434.0) (4,485.3) Reserves 88.3 (4,854.5) Retained earnings 17,736.0 24,356.1 TOTAL EQUITY 14,390.3 15,016.3 Summary of movements in consolidated retained earnings of the Closed Group 2019 US$m 2018 US$m Retained earnings at beginning of the financial year 17,720.0 23,908.6 Net profit 692.4 1,120.0 Actuarial gain/(loss) on defined benefit plans, net of tax 0.6 0.8 Dividends provided for or paid (677.1) (673.3) Retained earnings at the end of the financial year 17,735.9 23,356.1