CSL Ltd Annual Report 2020

CSL Limited Annual Report 2020 136 Notes to the Financial Statements Balance Sheet 2020 US$m 2019 US$m Current Assets Cash and cash equivalents 481.8 13.6 Trade and other receivables 407.5 386.2 Inventories 212.3 205.1 Total Current Assets 1,101.6 604.9 Non-current assets Trade and other receivables 48.1 40.9 Other financial assets 14,631.1 14,627.2 Property, plant and equipment 841.1 723.6 Deferred tax assets 121.9 56.1 Intangible assets 23.3 29.9 Retirement benefit assets – 1.3 Total Non-Current Assets 15,665.5 15,479.0 Total assets 16,767.1 16,083.9 Current liabilities Trade and other payables 770.1 71.1 Provisions 53.0 47.8 Deferred government grants 2.9 2.7 Total Current Liabilities 826.0 121.6 Non-current liabilities Trade and other payables 26.6 325.4 Interest-bearing liabilities and borrowings 1,429.2 1,207.7 Provisions 9.4 8.0 Deferred government grants 27.8 30.9 Total Non-Current Liabilities 1,493.0 1,572.0 Total liabilities 2,319.0 1,693.6 Net assets 14,448.1 14,390.3 Equity Contributed equity (3,476.6) (3,434.0) Reserves 304.2 88.3 Retained earnings 17,620.5 17,736.0 TOTAL EQUITY 14,448.1 14,390.3 Summary of movements in consolidated retained earnings of the Closed Group 2020 US$m 2019 US$m Retained earnings at beginning of the financial year 17,735.9 17,720.0 Net profit 767.3 692.4 Actuarial gain/(loss) on defined benefit plans, net of tax 0.4 0.6 Dividends provided for or paid (883.1) (677.1) Retained earnings at the end of the financial year 17,620.5 17,735.9