42. INFORMATION RELATING TO METALS X LIMITED ("THE PARENT ENTITY") 115 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2011 2011 2010 Current assets 79,923,951  27,546,305  Total assets 289,470,356  202,129,401  Current Liabilities 284,762  263,332  Total Liabilities 284,762  263,332  Issued capital 299,336,226  299,421,787  Accumulated losses (16,435,491) (112,621,608) Option premium reserve 18,326,178  18,222,793  Other reserves (12,041,318) (3,156,903) 289,185,595   201,866,069  Profit of the parent entity 96,186,116  11,158,236  Total comprehensive income of the parent entity 87,301,700  9,248,679  Guarantees entered into by the parent entity in relation to the debts of its subsidiries. Nil Nil Contingent liabilities of the parent entity. Nil Nil Contractual commitments by the parent entity for the acquisition of property, plant or equipment. Nil Nil