41. Deed of Cross Guarantee  Certain controlled entities (refer Note 40) have entered into a deed of cross guarantee dated 16 June 2003 with  Harvey Norman Holdings Limited which provides that all parties to the deed will guarantee to each creditor payment in  full of any debt of each company participating in the deed on winding-up of that company. In addition, as a result of  the Class Order issued by the Australian Securities and Investments Commission these companies are relieved from  the requirements to prepare financial statements.  Controlled Entities (Refer Note 40) marked  1  are not party to the Class Order.  Financial information for the class order closed group is as follows:  (a)  Harvey Norman Holdings Limited Closed Group Statement of Financial Position for year ended 2003  87  HARVEY NORMAN HOLDINGS LIMITED AND ITS CONTROLLED ENTITIES – ANNUAL REPORT 2003 CONSOLIDATED 2003 2002  $000 $000  Current Assets  Cash assets  - 15,744  Receivables  595,502 558,005  Other financial assets  8,624 2,471  Inventories  65,948 86,461  Other  2,614 7,966  Total current assets  672,688 670,647  Non-Current Assets  Receivables  11,951 9,700  Investments accounted for using equity method  47,520  42,387  Other financial assets  105,679 75,375  Inventories  18,627 -  Property, plant and equipment  856,559 744,731  Intangible assets  - 445  Deferred tax assets  4,822 3,639  Total non-current assets  1,045,158 876,277  Total Assets  1,717,846 1,546,924  Current Liabilities  Payables  342,918 339,402  Interest-bearing liabilities  14,440 24,613  Tax liabilities  19,724 30,047  Provisions  4,199 29,808  Other  3,640 2,600  Total current liabilities  384,921 426,470  Non-Current Liabilities  Payables  - 32  Interest-bearing liabilities  368,546 267,384  Provisions  654 630  Other  64 715  Total non-current liabilities  369,264 268,761  Total Liabilities  754,185 695,231  NET ASSETS  963,661 851,693  Equity  Contributed equity  246,591 291,687  Reserves  175,708 134,397  Retained profits  541,362 425,609  TOTAL EQUITY  963,661 851,693 