Macquarie Infrastructure Group (MIG)

As at 30 June 2008

  Note MIG
30 June 2008
$’000		 MIG
30 June 2007
$’000
Current assets      
Cash and cash equivalents   984,212 1,673,122
Receivables   2,474 13,471
Derivative financial instruments 4 3,957 -
Prepayments   2,335 2,958
Total current assets   992,978 1,689,551
Non-current assets      
Receivables   3,230 2,525
Derivative financial instruments 4 110,838 254,791
Investments in financial assets at fair value through profit or loss 5 7,363,008 6,894,680
Property, plant and equipment   1,172,277 1,367,769
Tolling concessions   104,725 122,201
Total non-current assets   8,754,078 8,641,966
Total assets   9,747,056 10,331,517
Current liabilities      
Distribution payable   240,384 251,679
Payables   37,539 55,136
Current tax liabilities   321 6,326
Total current liabilities   278,244 313,141
Non-current liabilities      
Payables   150,969 111,747
Interest-bearing financial liabilities 6 2,428,289 2,638,396
Deferred tax liabilities   203,169 190,007
Provisions   - 2,339
Total non-current liabilities   2,782,427 2,942,489
Total liabilities   3,060,671 3,255,630
Net assets   6,686,385 7,075,887
Equity      
MIG security holders’ interest      
Contributed equity   3,591,566 3,956,004
Retained profits   2,542,244 2,256,887
Reserves   (183,629) 208,378
Total MIG security holders’ interest   5,950,181 6,421,269
Minority interests in controlled entities   736,204 654,618
Total equity   6,686,385 7,075,887

The above consolidated balance sheet should be read in conjunction with the accompanying notes.