CSL Ltd Annual Report 2019

CSL Limited Annual Report 2019 128 Notes to the Financial Statements Note 22: Parent Entity Information 2019 US$m 2018 US$m Information relating to CSL Limited (‘the parent entity’) (a) Summary financial information The individual financial statements for the parent entity show the following aggregate amounts: Current assets 336.9 412.4 Total assets 6,072.1 5,829.7 Current liabilities 42.3 182.9 Total liabilities 2,269.0 1,221.2 Contributed equity (4,057.1) (4,088.9) Share-based payments reserve – 128.8 Foreign Currency Translation Reserve (624.2) (255.8) Retained earnings 8,484.4 8,824.4 Net Assets & Total Equity 3,803.1 4,608.5 Profit or loss for the year 461.9 1,017.8 Total comprehensive income 201.6 1,017.9 (b) Guarantees entered into by the parent entity The parent entity provides certain financial guarantees in the ordinary course of business. No liability has been recognised in relation to these guarantees as the fair value of the guarantees is immaterial. These guarantees are mainly related to all external debt facilities of the Group. In addition, the parent entity provides letters of comfort to indicate support for certain controlled entities to the amount necessary to enable those entities to meet their obligations as and when they fall due, subject to certain conditions (including that the entity remains a controlled entity). (c) Contingent liabilities of the parent entity The parent entity did not have any material contingent liabilities as at 30 June 2019 or 30 June 2018. For information about guarantees given by the parent entity, please refer above and to Note 21. (d) Contractual commitments for the acquisition of property, plant or equipment The parent entity did not have any material contractual commitments for the acquisition of property, plant and equipment as at 30 June 2019 or 30 June 2018.