b'< NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2019NOTE 33. PARENT ENTITY INFORMATION The supplementary information about the parent entity is shown below. PARENT2019 2018$ $Statement of profit or loss and other comprehensive incomeProfit after income tax (173,848,343) (344,111)Total comprehensive income (173,848,343) (344,111)Statement of financial positionTotal current assets 28,622,170 22,588,546Total assets 208,760,764 372,987,687Total current liabilities 52,466,322 43,137,126Total liabilities 52,521,917 43,179,534EquityIssued capital 406,620,031 406,620,031Employee share option reserve 3,088,688 2,809,651Accumulated losses (253,469,872) (79,621,529)Total equity 156,238,847 329,808,153Guarantees entered into by the parent entity in relation to the debts of its subsidiariesAs at 30 June 2019, the parent entity acts as a guarantor for the facility provided by Mega International Commercial Bank Co., Ltd to a controlled entity, Donaco Hong Kong Limited.Contingent liabilitiesThe parent entity had no contingent liabilities as at30 June 2019 and 30 June 2018.Capital commitmentsProperty, plant and equipmentThe parent entity had no capital commitments for property, plant and equipment at as 30 June 2019 and 30 June 2018.Significant accounting policiesThe accounting policies of the parent entity are consistent with those of the consolidated entity, as disclosed in Note 1, except for the following:Investments in subsidiaries are accounted for at cost,less any impairment, in the parent entity. Dividends received from subsidiaries are recognisedas other income by the parent entity.DONACO INTERNATIONAL LIMITED 2019 ANNUAL REPORT 77'