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CIMIC Group Limited Annual Report 2016 |
Financial Report
Notes continued
for the 12 months to 31 December 2016
26. JOINT VENTURE ENTITIES
CONTINUED
a) Material joint ventures
continued
Summarised balance sheet
December 2016
$m
December 2015
$m
Current assets
Cash and cash equivalents
223.4
278.4
Other current assets
3,742.4
3,854.7
Total current assets
3,965.8
4,133.1
Non-current assets
1,744.4
1,674.9
Total non-current assets
1,744.4
1,674.9
Current liabilities
Financial liabilities (excluding trade payables)
(733.7)
(602.9)
Other current liabilities
(2,704.8)
(2,802.2)
Total current liabilities
(3,438.5)
(3,405.1)
Non-current liabilities
Financial liabilities (excluding trade payables)
(1,130.8)
(1,252.6)
Other non-current liabilities
(326.4)
(162.1)
Total non-current liabilities
(1,457.2)
(1,414.7)
Net assets (100%)
814.5
988.2
Group’s share of net assets (45%)
366.5
444.7
b) Individually immaterial joint ventures
The Group has interests in a number of individually immaterial joint ventures that are accounted for using the equity method.
December 2016
$m
December 2015
$m
Individually immaterial joint ventures
Aggregate amounts of the Group’s carrying value: Net assets
177.1
514.2
Aggregate amounts of the Group’s share of profit: Profit / (loss) for the period
42.2
18.5
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