Condensed consolidated statement of financial position | Tharisa

	Notes	2018 US$’000	2017 US$’000
Assets
Non-current assets
Property, plant and equipment	10	264 311	232 559
Goodwill		804	838
Investment accounted for using the equity method	11	4 438	–
Long-term deposits		–	4 505
Other financial assets	12	5 012	3 767
Deferred tax assets	13	1 880	1 952
Total non-current assets		276 445	243 621
Current assets
Inventories	14	23 043	20 802
Trade and other receivables	15	86 202	70 374
Contract assets		2 229	–
Other financial assets		986	49
Current taxation		228	132
Cash and cash equivalents	16	66 791	49 742
Total current assets		179 479	141 099
Total assets		455 924	384 720
Equity and liabilities
Share capital and premium	17	280 806	280 342
Other reserve	17	47 245	47 245
Foreign currency translation reserve		(80 204)	(73 561)
Retained earnings		77 025	42 877
Equity attributable to owners of the Company		324 872	296 903
Non-controlling interests		(26 538)	(25 057)
Total equity		298 334	271 846
Non-current liabilities
Provisions	18	12 634	6 923
Borrowings	19	27 281	4 375
Deferred tax liabilities	13	29 892	23 823
Total non-current liabilities		69 807	35 121
Current liabilities
Borrowings	19	50 138	45 026
Other financial liabilities		1 000	599
Current taxation		1 013	212
Trade and other payables	20	33 403	31 916
Contract liabilities		2 229	–
Total current liabilities		87 783	77 753
Total liabilities		157 590	112 874
Total equity and liabilities		455 924	384 720

The condensed consolidated financial statements were authorised for issue by the Board of Directors on 26 November 2018.

Phoevos Pouroulis
Director

Michael Jones
Director

The notes are an integral part of these condensed consolidated financial statements.