Sky City Limited |
1999 Interim Report |
Consolidated Statement of Financial Position
as at 31 December 1998
|
31 Dec 1998 |
31 Dec 1997 |
30 Jun 1998 |
Equity |
|||
Share capital |
166,988 |
186,000 |
175,499 |
Retained earnings |
(16,386) |
8,359 |
(22,604) |
TOTAL EQUITY |
150,602 |
194,359 |
152,895 |
Current Assets |
|||
Cash and bank |
20,890 |
20,329 |
11,749 |
Receivables and prepayments |
3,854 |
3,200 |
3,025 |
Inventories |
1,781 |
1,845 |
1,709 |
Income tax |
3,412 |
- |
7,122 |
Total Current Assets |
29,937 |
25,374 |
23,605 |
Non-Current Assets |
|||
Property, plant and equipment |
481,524 |
489,040 |
482,715 |
Pre-opening expenditure |
- |
26,291 |
- |
Total Non-Current Assets |
481,524 |
515,331 |
482,715 |
TOTAL ASSETS |
511,461 |
540,705 |
506,320 |
Current Liabilities |
|||
Creditors and accruals |
30,399 |
29,488 |
46,269 |
Income tax payable |
- |
1,300 |
- |
Provision for dividend |
16,362 |
12,000 |
16,663 |
Short-term borrowings |
36 |
10,036 |
36 |
Total Current Liabilities |
46,797 |
52,824 |
62,968 |
Non-Current Liabilities |
|||
Deferred tax |
15,036 |
18,461 |
13,413 |
Borrowings |
299,026 |
275,061 |
277,044 |
Total Non-Current Liabilities |
314,062 |
293,522 |
290,457 |
TOTAL LIABILITIES |
360,859 |
346,346 |
353,425 |
TOTAL NET ASSETS |
150,602 |
194,359 |
152,895 |
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