66 The statement of financial position should be read in conjunction with the notes to the financial statements. As at 30 June 2012 Note 2012  $m 2011  $m Current assets Cash and cash equivalents 12 1,812.9  753.1  Trade and other receivables 13 1,531.4  1,272.1  Inventories 14 185.4  127.4  Other financial assets 15 295.6  301.2  Other assets 16 306.6  276.6  Total current assets 4,131.9  2,730.4  Non-current assets Trade and other receivables 17 –  0.5  Investments accounted for using the equity method 18 31.6  240.7  Exploration and evaluation assets 19 654.0  658.0  Oil and gas assets 20 483.8  461.4  Property, plant and equipment 21 5,185.7  2,281.5  Intangible assets 22 3,172.0  3,137.2  Deferred tax assets 10 611.1  –  Other financial assets 23 431.6  164.5  Other assets 24 36.7  21.5  Total non-current assets 10,606.5  6,965.3  Total assets 14,738.4  9,695.7  Current liabilities Trade and other payables 25 1,158.4  853.1  Borrowings 26 616.0  886.7  Provisions 27 132.3  94.3  Current tax liabilities 10 11.0  167.2  Other financial liabilities 28 441.8  440.7  Other liabilities 29 250.3  15.1  Total current liabilities 2,609.8  2,457.1  Non-current liabilities Borrowings 30 3,696.0  284.5  Provisions 31 265.8  161.6  Deferred tax liabilities 10 349.0  302.7  Other financial liabilities 32 436.3  94.1  Other liabilities 33 248.6  54.2  Total non-current liabilities 4,995.7  897.1  Total liabilities 7,605.5  3,354.2  Net assets 7,132.9  6,341.5  Equity Issued capital 34 5,227.3  4,244.6  Reserves 35 22.0  (97.1) Retained earnings 36 1,883.6  2,194.0  Total equity attributable to owners of AGL Energy Limited 7,132.9  6,341.5  Consolidated  Statement of Financial  Position