text: **Consolidated** **Santos Ltd**
  
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              [html]<thead><tr><tdrowspan="2">23. Interests in 3oint Ventures ( continued )</td><tdcolspan="2">Consolidated 2004Smillion</td><tdcolspan="2">S2004 $ million</td></tr><tr><td>Santos Ltd44</td><td>( c ) Santos Ltd and Its controlled entitles ’ share of assets and liabilities employed in the joint ventures are included in the statements of financial position under the following classifications ::</td><td>Current assets</td><td>Cash</td></tr></thead><tbody><tr><td>89.3</td><td></td><td></td><td></td><td></td></tr><tr><td>72.1</td><td></td><td></td><td></td><td></td></tr><tr><td>32.2</td><td>36.3</td><td>Receivables</td><td>63.8</td><td>26.8</td></tr><tr><td>29.3</td><td>9.1</td><td>Inventories</td><td>20.0</td><td>27.3</td></tr><tr><td>13.5</td><td>17.8</td><td>Total current assets</td><td>173.1</td><td>126.2</td></tr><tr><td>75.0</td><td>63.2</td><td>Non - current assets</td><td>Exploration and development expenditure</td><td>2.916.9</td></tr><tr><td>2.738.9</td><td></td><td></td><td></td><td></td></tr><tr><td>858.4</td><td>866.6</td><td>Land and buildings, plant and equipment</td><td>1.971.9</td><td>1.684.0</td></tr><tr><td>645.9</td><td>640.9</td><td>Other</td><td>1.2</td><td>1.2</td></tr><tr><td>–</td><td>–</td><td>Total non - current assets</td><td>4.890.0</td><td>4.424.1</td></tr><tr><td>1.504.3</td><td>1.507.5</td><td>Total assets</td><td>5.063.1</td><td>4.550.3</td></tr><tr><td>1.579.3</td><td>1.570.7</td><td>Current liabilities</td><td>Payables</td><td>237.6</td></tr><tr><td>190.5</td><td></td><td></td><td></td><td></td></tr><tr><td>76.0</td><td>60.2</td><td>Provisions</td><td>3.9</td><td>7.6</td></tr><tr><td>0.9</td><td>1.6</td><td>Total current liabilities</td><td>241.5</td><td>198.1</td></tr><tr><td>76.9</td><td>61.8</td><td>Non - current liabilities</td><td>Provisions</td><td>129.4</td></tr><tr><td>113.7</td><td></td><td></td><td></td><td></td></tr><tr><td>43.8</td><td>36.0</td><td>Total liabilities</td><td>370.9</td><td>311.8</td></tr><tr><td>120.7</td><td>97.8</td><td>Net investments in joint ventures</td><td>4.692.2</td><td>4.238.5</td></tr><tr><td>1.458.6</td><td>1.472.9</td><td>( d ) The amount of capital expenditure commitments, minimum exploration commitments and contingent : liabilities in respect of unincorporated joint ventures are :</td><td>Capital expenditure commitments</td><td>266.9</td></tr><tr><td>270.9</td><td></td><td></td><td></td><td></td></tr><tr><td>102.1</td><td>84.5</td><td>Minimum exploration commitments</td><td>172.5</td><td>347.3</td></tr><tr><td>71.5</td><td>107.4</td><td>Contingent liabilities</td><td>13.4</td><td>15.1</td></tr><tr><td>6.1</td><td>4.8</td></tr></tbody>
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