Consolidated Closed Group 2025 2024 Balance Sheet US$m US$m CURRENT ASSETS Cash and cash equivalents 178 189 Receivables and contract assets 543 557 Inventories 363 297 Total Current Assets 1,084 1,043 NON-CURRENT ASSETS Property, plant and equipment 2,232 2,105 Deferred tax assets 157 136 Intangible assets 41 23 Retirement benefit assets 3 2 Other financial assets 18,796 18,866 Other non-current assets 189 2,003 Total Non-Current assets 21,418 23,135 TOTAL ASSETS 22,502 24,178 CURRENT LIABILITIES Trade and other payables 453 606 Provisions 77 58 Interest-bearing liabilities and borrowings 320 163 Other current liabilities 2 — Total Current Liabilities 852 827 NON-CURRENT LIABILITIES Trade and other payables 915 2,315 Interest-bearing liabilities and borrowings 1,146 1,340 Provisions 48 46 Other non-current liabilities 27 25 Total Non-Current Liabilities 2,136 3,726 TOTAL LIABILITIES 2,988 4,553 NET ASSETS 19,514 19,625 EQUITY Contributed equity 574 557 Reserves 523 574 Retained earnings 18,417 18,494 TOTAL EQUITY 19,514 19,625 2025 2024 Summary of movements in retained earnings of the Consolidated Closed Group US$m US$m Retained earnings at beginning of the financial year 18,494 18,084 Net profit for the year 1,257 1,602 Dividends paid to CSL Limited shareholders (1,334) (1,192) Retained earnings at the end of the financial year 18,417 18,494 127 127 CSL Limited Annual Report 2024/25
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