Question: Classify items as current or non-current, and prepare assets section of statement of financial position. (LO6) E1.7 The following items were taken from the 30

 Classify items as current or non-current, and prepare assets section of

Classify items as current or non-current, and prepare assets section of statement of financial position. (LO6) E1.7 The following items were taken from the 30 June 2013 consolidated statement of financial position of AGL Energy Limited. (All dollars are in millions.) Inventories - current $133.0 Intangibles $3149.4 Receivables - due after 30 June 2014 47.3 Other current assets 391.1 Oil and gas assets (non-current) 495-1 Property, plant and equipment 5331.6 Investments (long term) 33.1 Cash and cash equivalents 281.0 Other long-term financial assets 338.5 Current receivables 1844.0 Other financial assets (short term) 186.9 Other non-current assets 27.4 Deferred tax assets (non-current) 729.2 Exploration and evaluation assets (non-current) 349.0 Inventories (non-current) 29.2 Required Prepare the assets section of a classified statement of financial position

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