| |
FINANCIAL SUMMARY
| for the years ended 30 june |
2000
|
1999
|
1998
|
1997
|
1996
|
1995
|
1994
|
| $NZ 000’s (unless otherwise stated) |
|
|
|
|
|
|
|
|
Operating revenue
|
19,606
|
8,811
|
591
|
1,145
|
2,550
|
3,428
|
266
|
|
Net (deficit) surplus after taxation
|
5,152
|
3,091
|
(147)
|
(202)
|
(63)
|
255
|
46
|
|
Equity
|
104,433
|
99,281
|
96,190
|
96,337
|
79,606
|
76,982
|
22,079
|
|
Shares on issue (number in 000’s)
|
131,434
|
131,434
|
131,434
|
131,434
|
100,411
|
96,828
|
23,000
|
|
Land at cost
|
27,090
|
24,082
|
24,247
|
24,180
|
18,105
|
16,890
|
916
|
|
Forest at cost
|
140,030
|
116,063
|
108,890
|
101,512
|
62,646
|
58,095
|
15,885
|
|
Forest at valuation (nine percent discount rate)
|
148,557
|
129,886
|
122,323
|
122,176
|
72,170
|
78,211
|
16,357
|
|
Net asset backing at historical cost
|
$0.79
|
$0.76
|
$0.73
|
$0.73
|
$0.79
|
$0.80
|
$0.96
|
|
Net asset backing at valuation
|
$0.86
|
$0.86
|
$0.83
|
$0.89
|
$0.89
|
$1.00
|
$0.98
|
|
As at close of day – 30 June
|
|
|
|
|
|
|
|
|
Share price
|
$0.45
|
$0.44
|
$0.40
|
$0.58
|
$0.59
|
$0.69
|
$0.78
|
|
Convertible note price
|
$1.05
|
$1.03
|
–
|
–
|
–
|
–
|
–
|
|
NZSE 40 Capital Index
|
2,062
|
2,136
|
1,965
|
2,502
|
2,096
|
2,030
|
1,997
|
|
Ten year government stock interest rate
|
6.78%
|
6.63%
|
6.35%
|
6.95%
|
8.67%
|
7.59%
|
7.66%
|
|
90 day bank bill interest rate
|
6.90%
|
4.76%
|
7.88%
|
6.88%
|
10.27%
|
9.02%
|
6.99%
|
|
NZD/USD exchange rate
|
0.4679
|
0.5363
|
0.5199
|
0.6800
|
0.6770
|
0.6690
|
0.5942
|
|
NZD/AUD exchange rate
|
0.7768
|
0.8152
|
0.8427
|
0.9002
|
0.8621
|
0.9373
|
0.8164
|
|
NZD/JPY exchange rate
|
49.68
|
64.91
|
72.19
|
77.95
|
73.74
|
56.62
|
58.42
|
Return to Annual Reports
|
|
|
