Notes to the Consolidated Financial Statements  Cardno Limited and its Controlled Entities for the year ended 30 June 2010 37. DEED OF CROSS GUARANTEE CONTINUED  Statement of financial position  6 0  2005  $’000  2010  $’000  2009  $’000  CURRENT ASSETS  Cash and cash equivalents  22,337 28,093 Trade and other receivables  408,965 265,366 Inventories  18,542 14,210 Other current assets  735 387 TOTAL CURRENT ASSETS  450,579 308,056 NON-CURRENT ASSETS  Trade and other receivables  - - Other financial assets  174,948 134,482 Property, plant and equipment  73 98 Deferred tax assets  5,816 5,562 Intangible assets  35,663 35,663 Other non-current assets  89 213 TOTAL NON-CURRENT ASSETS  216,589 176,018 TOTAL ASSETS  667,168 484,074 CURRENT LIABILITIES  Trade and other payables  197,076 139,268 Interest-bearing loans and borrowings  162,300 72,148 Current tax liabilities  3,174 4,989 Short term provisions  9,120 9,183 Other current liabilities  4,187 3,623 TOTAL CURRENT LIABILITIES  375,857 229,211 NON-CURRENT LIABILITIES Trade and other payables  - - Interest-bearing loans and borrowings  - - Deferred tax liabilities  3,807 3,515 Long term provisions  6,234 5,559 Other non-current liabilities  - - TOTAL NON-CURRENT LIABILITIES  10,041 9,074 TOTAL LIABILITIES  385,898 238,285 NET ASSETS  281,270 245,789 EQUITY  Issued capital  252,080 227,458 Reserves (1,319) (849) Retained earnings  30,508 19,180 TOTAL EQUITY  281,270 245,789 Page 72 of 80 