AUB Group Limited Annual Report 2023

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 JUNE 2023

22 PARENT ENTITY INFORMATION

The parent company’s summary financials are presented below:

2023 $’000

2022 $’000

ASSETS Cash and cash equivalents

111,311 414,986

176,673 131,632 436,961 745,266

Current Assets

Non-current Assets

1,202,789 1,729,086

Total Assets

LIABILITIES Current Liabilities

92,728

9,054

Non-current Liabilities - Interest bearing loans and borrowings

514,500 607,228 1,121,858

–

Total Liabilities NET ASSETS EQUITY Issued capital

9,054

736,212

945,687

608,520 12,641 115,051 736,212

Reserves

17,684

Retained earnings

158,487 1,121,858

TOTAL SHAREHOLDERS EQUITY

Profit for the year before income tax Income tax (expense)/credit Net profit after tax for the year

91,659

62,010

4,192

2,985

95,851

64,995

Other comprehensive income/(expense) after income tax for the year

9

(140)

Total comprehensive income after tax for the year

95,860

64,855

Other information Guarantees entered into by the parent entity in relation to the debts of its controlled entities or associates: AUB Group Limited has guaranteed loan facilities provided to controlled entities and associates in proportion to its shareholding AUB Group Ltd has guaranteed lease facilities provided to controlled entities and associates in proportion to its shareholding

13,701

–

4,841

16,745 16,745

Total Guarantees

18,542

Contingent liabilities AUB Group Limited has provided indemnities to other shareholders of related entities and associates in relation to guarantees given by those shareholders, to financiers of or lessors to entities in which AUB Group Limited has an equity interest. AUB Group Limited has entered into agreements with various financiers and shareholders of related entities and associates, granting options to put shares held in related companies or associates to AUB Group Limited.

AUB GROUP ANNUAL REPORT 2023

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