Lendlease Annual Report 2022

Financial Statements 111 Statement of Financial Position As at 30 June 2022 June 2022 June 2021 Note $m $m Current Assets Cash and cash equivalents 14 1,297 1,662 Loans and receivables 21 2,033 1,741 Inventories 11 1,459 1,469 Other financial assets 13 24 7 Current tax assets - 9 Other assets 51 62 Total current assets 4,864 4,950 Non Current Assets Loans and receivables 21 1,896 1,871 Inventories 11 2,320 2,404 Equity accounted investments 12 4,379 3,758 Investment properties 482 467 Other financial assets 13 1,181 1,080 Deferred tax assets 9.c 144 115 Property, plant and equipment 272 594 Intangible assets 32 1,225 1,456 Defined benefit plan asset 34 282 243 Other assets 56 62 Total non current assets 12,237 12,050 Total assets 17,101 17,000 Current Liabilities Trade and other payables 22 4,557 4,839 Provisions 23 720 575 Borrowings and financing arrangements 16.a - 555 Other financial liabilities 28 14 Income tax payable 49 - Total current liabilities 5,354 5,983 Non Current Liabilities Trade and other payables 22 1,988 1,760 Provisions 23 68 80 Borrowings and financing arrangements 16.a 2,357 1,802 Other financial liabilities 102 23 Deferred tax liabilities 9.c 262 401 Total non current liabilities 4,777 4,066 Total liabilities 10,131 10,049 Net assets 6,970 6,951 Equity Issued capital 17 1,891 1,888 Treasury securities (77) (79) Reserves 36 184 3 Retained earnings 3,078 3,327 Total equity attributable to members of Lendlease Corporation Limited 5,076 5,139 Total equity attributable to unitholders of Lendlease Trust 1,867 1,788 Total equity attributable to securityholders 6,943 6,927 External non controlling interests 27 24 Total equity 6,970 6,951 The accompanying notes form part of these consolidated financial statements.