62 Consolidated  Statement  of Financial  Position The statement of financial position should be read in conjunction with the notes to the financial statements. 2011 2010 As at 30 June 2011  Note $m $m Current assets Cash and cash equivalents  11  753.1 480.4 Trade and other receivables  12  1,272.1 1,234.5 Inventories  13  127.4 94.2 Other financial assets  14  301.2 225.3 Other assets  15  276.6 174.1 Total current assets 2,730.4 2,208.5 Non-current assets Trade and other receivables  16  0.5 0.6 Investments accounted for using the equity method  17  240.7 200.8 Exploration and evaluation assets  18  658.0 607.5 Oil and gas assets  19  461.4 333.4 Property, plant and equipment  20  2,281.5 2,056.2 Intangible assets  21  3,137.2 3,149.0 Other financial assets  22  164.5 106.5 Other assets  23  21.5 28.4 Total non-current assets 6,965.3 6,482.4 Total assets 9,695.7 8,690.9 Current liabilities Trade and other payables  24  853.1 859.6 Borrowings  25  886.7 – Provisions  26  94.3 68.7 Current tax liabilities  9  167.2 42.5 Other financial liabilities  27  440.7 582.0 Other liabilities  28  15.1 0.6 Total current liabilities 2,457.1 1,553.4 Non-current liabilities Borrowings  29  284.5 900.8 Provisions  30  161.6 162.5 Deferred tax liabilities  9  302.7 165.6 Other financial liabilities  31  94.1 42.1 Other liabilities  32  54.2 66.6 Total non-current liabilities 897.1 1,337.6 Total liabilities 3,354.2 2,891.0 Net assets 6,341.5 5,799.9 Equity Issued capital  33  4,244.6 4,066.7 Reserves  34  (97.1) (159.4) Retained earnings  35  2,194.0 1,892.6 Total equity attributable to owners of AGL Energy Limited 6,341.5 5,799.9