88

  

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McPHERSON’S LIMITED

 ANNUAL REPORT 2015

NOTE 38.   PARENT ENTITY FINANCIAL INFORMATION

(A) SUMMARY FINANCIAL INFORMATION

The individual financial statements for the parent entity show the following aggregate amounts:

2015

$’000

2014

$’000

Balance Sheet 

Current assets

3,474

1,712

Total assets 

283,400

278,428

Current liabilities

12,637

16,884

Total liabilities

115,233

104,835

Shareholders’ equity

Issued capital

149,191

147,003

Reserves - cash flow hedges

317

(2,815)

- share-based payments

1,373

1,409

Retained earnings

17,286

27,996

168,167

173,593

(Loss) / profit for the period

(138)

2,795

Total comprehensive income

2,994

(1,695)

(B) CONTINGENT LIABILITIES AND GUARANTEES

The parent entity has guaranteed the repayment of borrowings of certain controlled entities.
The cross guarantee given by those entities listed in Note 35 may give rise to liabilities in the parent entity if the subsidiaries do not meet their 

obligations under the terms of the overdrafts, loans, leases, or other liabilities subject to the guarantee.

NOTES TO AND FORMING PART OF THE  

CONSOLIDATED FINANCIAL STATEMENTS CONTINUED